Application of blockchain in supply chain finance: taking AntChain for example

Zekai Xu

doi:10.47297/wspdecWSP2515-797304.20240801

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Application of blockchain in supply chain finance: taking AntChain for example

Volume 8, Issue 1

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Application of blockchain in supply chain finance: taking AntChain for example
University of Nottingham Ningbo China, Ningbo , Zhejiang, 315199, P.R. China
Vol. 8, Issue 1, Pages: 25-31(2024)
Published： 30 June 2024 ，
DOI：10.47297/wspdecWSP2515-797304.20240801

Full txt

Xu Zekai.Application of blockchain in supply chain finance: taking AntChain for example[J].Development Economics of China,2024,08(01):25-31.
DOI：

Xu Zekai.Application of blockchain in supply chain finance: taking AntChain for example[J].Development Economics of China,2024,08(01):25-31. DOI： 10.47297/wspdecWSP2515-797304.20240801.

摘要

Abstract

Nowadays

supply chain finance is the main source of financing for small and medium-sized enterprises

which plays a vital role in China's economic construction and development. However

the implement of traditional supply chain finance has many problems such as unreliable data information

asymmetric information

and high labor cost. At the same time

blockchain technology has the characteristics of decentralization

high data security

information traceability and so on

which can effectively solve some problems existing in traditional supply chain finance. This paper analyzes Ant Chain as a case and introduces the background and current situation of Ant Group and Ant Chain. This paper analyzes how the operation mode of accounts receivable financing of AntChain helps small and medium-sized enterprises to solve the problem of financing difficulties. Finally

the advantages and risks of AntChain platform are introduced

and some suggestions are put forward.

关键词

Keywords

Supply chain financeBlockchain technologySmall and medium-sized enterprisesAntChain

references

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