Blockchain supply chain finance

1.

blockchain finance is actually the application of blockchain technology in the financial field

blockchain is an underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. Through sharing in distributed nodes to maintain a sustainable database, the security and accuracy of information can be achieved. The application of this technology can solve the trust and security problems in the transaction, and the blockchain technology has become an optional direction for the future upgrading of the financial instry. Through the blockchain, both parties of the transaction can carry out economic activities without the help of the third-party credit intermediary, so as to rece the cost of the global transfer of assets

extended data:

since 2016, the major financial giants have also heard the news and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency. Standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization. After careful digital algorithm, it is written into the blockchain to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency

in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the global asset circulation, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016, at which the discussion on the realization of digital circulation of assets, block chain financial transaction mode, and block chain financial transaction mode will be held It also discusses the application of blockchain service and social public instry

2. Hello, landlord,
Zhongan technology's Anlian cloud platform,
specially creates blockchain solutions,
at present, it has successfully provided supply chain financial solutions for a number of domestic enterprises,
and platforms,
solved the current business problems for these enterprises,
and mainly fits the development pain points of enterprises,
I hope my answers will be helpful to you, Hope to adopt..

3.

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

4. Research on the maturity of supply chain finance of E-Chain Technology

5. In addition to issuing currency, blockchain + finance can also be applied to fields such as supply chain finance, small and medium-sized micro loans, etc. just say it without practicing fake tricks. You can search the public service platform of SMIC blockchain. They do blockchain, and have a cooperation with Bank of Changsha in blockchain + finance. The project has also been implemented, so you can get familiar with it.

6. Blockchain and supply chain finance are basically divided into prepayment financing, inventory financing and accounts receivable financing. Xingbei cloud chain is a development result of the real implementation of blockchain application. Supply chain finance is now in the early stage of market development, and the market potential behind it is very large.