Research on the Financing Model of Small and Micro Enterprises based on “Blockchain + Supply Chain Finance”

Abstract

MSMEs are an important economic growth point of the national economy, among which small and micro enterprises have been facing the development bottleneck of financing. With the improvement of financial services, supply chain finance has become an important way of financing for small and micro enterprises. However, due to the problems of the supply chain itself, the financing needs of the micro and small enterprises in the supply chain are not met. With the wide application of blockchain technology in the field of finance, the combination of blockchain technology and supply chain finance makes up for the shortcomings of the traditional supply chain finance model, guarantees the authenticity and sharing of data, and expands the target of supply chain financial services. This paper analyzes the dilemma of micro and small enterprises in the process of supply chain finance financing from the background of blockchain technology and supply chain finance, and proposes the implementation plan under the combination of blockchain and supply chain finance.