The first block supply chain

1. The application of blockchain and logistics supply chain is now in the landing state, and the blockchain + mode is very popular. Changsha Information Instry Park has built a service platform project of SMIC blockchain, which is for enterprises to collect information on the chain, and to build a blockchain instry alliance.

2. Supply chain is an application of blockchain
core analysis:
1. Transparency, 2. Openness, 3. Information can not be tampered with, 4. Decentralization,
5. Detailed analysis
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system
1. In a narrow sense, blockchain is a kind of chained data structure composed of data blocks connected in sequence according to the time sequence, and it can not be tampered with and forged by cryptography
2. Broadly speaking, blockchain technology uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and uses cryptography to ensure the security of data transmission and access It is a new distributed infrastructure and computing method to program and operate data by using intelligent contract composed of automated script code.

3. Supply chain technology jinwowo analysis is a functional network chain structure that connects suppliers, manufacturers, distributors at all levels, retailers and end users through the control of logistics, information flow and capital flow, from purchasing raw materials to making intermediate procts and final procts, and finally to sending procts to consumers through sales network

using the blockchain technology, all the information of the process, factory processing, distribution, and finally the whole process of consumer purchase is recorded on the blockchain, which ensures that the goods will not be alterated or replaced, and runs through the whole life cycle of the goods

4.

In the traditional supply chain finance, financing difficulty, high financing cost and cumbersome financing process have always been one of the bottlenecks restricting small and medium-sized enterprises to become bigger and stronger. Banks rely on the ability of core enterprises to control goods and regulate sales. For the sake of risk control, banks are only willing to provide factoring services to upstream suppliers (limited to first tier suppliers) with direct accounts payable obligations of core enterprises, or provide prepayment or inventory financing to their downstream distributors (first tier suppliers). As a result, the demand of secondary and tertiary suppliers / distributors with huge financing demand can not be met, the business volume of supply chain finance is limited, and the small and medium-sized enterprises can not get timely financing, which will easily lead to proct quality problems and damage the whole supply chain system

to solve these problems, we can make use of the characteristics of decentralized, tamper proof and distributed ledger of blockchain technology to build a blockchain supply chain financial platform

The core enterprise issues a / R certificate to the distributor. After the distributor signs the receipt, it indicates that it has signed the purchase and sales contract and the core enterprise delivers the goods

Because of the shortage of funds, distributors need to borrow money from finance

3. After the financial institutions have approved, the amount of loans will be sent to the core enterprises

The distributor will repay the loan and interest after selling the goods

5.

When it comes to the central bank's digital currency, we have to mention bitcoin and other virtual currencies. Both of them apply the underlying technology of blockchain and have the characteristics of decentralized account books. Therefore, many people confuse them, but they are not exactly the same thing

the legal digital currency issued by the central bank, which is endorsed by the state, has the function of value anchoring and credit creation, will have a substantial effect on the economy. Fan Yifei said that legal digital currency, like paper money, is essentially pure credit currency, but digital currency can further rece operating costs and can be applied more efficiently in a wider range of fields

According to experts, from the perspective of historical process, the carrier of currency has evolved from shellfish and precious metals to paper money, and then to the emergence of third-party payment electronic currency in modern society, which is essentially in pursuit of transaction convenience and low cost. This trend continues to develop, and the manifestation in the future society is digital currency

Article source: bit110 network

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