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The Role of Blockchain Technology on Supply Chain Finance

Published: 26 August 2020 Publication History
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  • Abstract

    The blockchain technology developed in recent years is gradually applied in the supply chain. The application of this technology to the accounts receivable business model of supply chain finance can effectively solve the existing problems. Therefore, it is of great practical significance to actively explore the application of blockchain technology in the accounts receivable business model of supply chain finance. This article first briefly describes the development process, current situation and problems faced by the traditional accounts receivable business model of supply chain finance, and then analyzes the advantages of applying blockchain technology in supply chain finance to facilitate the establishment of supply chain financial credit system. Then this paper combines with the case of S platform of A Bank to analysis the problems of the accounts receivable business model of supply chain finance based on the blockchain technology, and finally provides suggestions for the application of blockchain in the accounts receivable business model of supply chain finance in the future.

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    Wang Junsheng, Li Lili, Yan Yong, Zhao Wei, Xu yu. Security Incidents and Solution of Blockchain Technology Application. Computer Science, 2018, 45(S1):352--356+382. (In Chinese)
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    Cited By

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    • (2023)Comparative Study of Blockchain Technology in Supply Chain Management2023 Third International Conference on Artificial Intelligence and Smart Energy (ICAIS)10.1109/ICAIS56108.2023.10073892(1486-1490)Online publication date: 2-Feb-2023
    • (2023)A blockchain-based secure storage and access control scheme for supply chain financeThe Journal of Supercomputing10.1007/s11227-022-04655-579:1(109-138)Online publication date: 1-Jan-2023

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    Published In

    cover image ACM Other conferences
    DSIT 2020: Proceedings of the 3rd International Conference on Data Science and Information Technology
    July 2020
    261 pages
    ISBN:9781450376044
    DOI:10.1145/3414274
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

    In-Cooperation

    • Natl University of Singapore: National University of Singapore
    • SKKU: SUNGKYUNKWAN UNIVERSITY

    Publisher

    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 26 August 2020

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    Author Tags

    1. Accounts receivable business model
    2. Blockchain technology
    3. Supply chain finance

    Qualifiers

    • Research-article
    • Research
    • Refereed limited

    Funding Sources

    • Science Foundation of Beijing Language and Culture University (supported by ?the Fundamental Research Funds for the Central Universities? )project
    • Science Foundation of Beijing Language and Culture University (supported by ?the Fundamental Research Funds for the Central Universities?) Wutong platform project
    • Humanity and Social Science foundation of Ministry of Education of China project

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    DSIT 2020

    Acceptance Rates

    DSIT 2020 Paper Acceptance Rate 40 of 97 submissions, 41%;
    Overall Acceptance Rate 114 of 277 submissions, 41%

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    Cited By

    View all
    • (2023)Comparative Study of Blockchain Technology in Supply Chain Management2023 Third International Conference on Artificial Intelligence and Smart Energy (ICAIS)10.1109/ICAIS56108.2023.10073892(1486-1490)Online publication date: 2-Feb-2023
    • (2023)A blockchain-based secure storage and access control scheme for supply chain financeThe Journal of Supercomputing10.1007/s11227-022-04655-579:1(109-138)Online publication date: 1-Jan-2023

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