Design and Implementation of Financial System of Supply Chain Based on Blockchain

Abstract

The rapid development of the information age has greatly changed people’s lives, greatly changed people’s lifestyles, and effectively promoted the improvement of people’s quality of life and the convenience of people’s life and work. The financing of small and medium-sized enterprises has been significantly improved by the continuous development of supply chain finance, and as an important supplement to the traditional financial industry, supply chain finance has also played a very positive role in the healthy development of the industry. Supply chain finance provides an opportunity for small and medium-sized enterprises to raise funds, but the maximization of each participant’s own interests in business operation makes the supply chain financing service stagnate. By analyzing the development status of supply chain finance and “blockchain+supply chain finance” system, this paper optimizes the design of supply chain finance system based on blockchain technology, so as to make full use of the characteristics of blockchain technology, ensure the authenticity and sharing of transactions and data, expand the service targets of supply chain finance and achieve full coverage of supply chain.