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Innovation of Supply Chain Financing Mode for Small and Medium-Sized Enterprises in China—— Emprovement of Supply Chain Financing Performance Based on Blockchain Technology

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DOI: 10.23977/ferm.2022.050409 | Downloads: 17 | Views: 660

Author(s)

Yina Zhu 1, Qimeng Wang 2

Affiliation(s)

1 School of Finance, Anhui University of Finance and Economics, Bengbu, 233000, China
2 School of Accounting, Anhui University of Finance and Economics, Bengbu, 233000, China

Corresponding Author

Yina Zhu

ABSTRACT

At present, the problem of difficult and expensive financing for small and medium-sized enterprises in China has become increasingly prominent. Supply chain finance has become an important tool to solve the financing difficulties of small and medium-sized enterprises. However, the shortcomings of supply chain finance make the financing of small and medium-sized enterprises face new risks. Therefore, in the context of vigorously promoting the supply chain financing of small and medium-sized enterprises, it is of great practical significance to strengthen the attention to the improvement of the supply chain financing model and promote the solution of the financing risk of small and medium-sized enterprises. Based on the research on the current situation of supply chain financing of small and medium-sized enterprises in China, this paper puts forward suggestions on the innovation of supply chain financing mode of small and medium-sized enterprises in China by using the advantages of blockchain technology, and provides reference for relevant policy suggestions to further promote the improvement of supply chain financing performance.

KEYWORDS

Small and medium-sized enterprises, Supply chain financing, Supply chain finance, Blockchain

CITE THIS PAPER

Yina Zhu, Qimeng Wang, Innovation of Supply Chain Financing Mode for Small and Medium-Sized Enterprises in China—— Emprovement of Supply Chain Financing Performance Based on Blockchain Technology. Financial Engineering and Risk Management (2022) Vol. 5: 59-65. DOI: http://dx.doi.org/10.23977/ferm.2022.050409.

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