Research on the Application of Block Chain in Supply Chain Finance

Abstract

：With the rise of digital currency, block chain as its underlying technical framework has become the hot researches. Block chain brings revolutionary changes to many industries due to its features of de- centralization, support for programming, common maintenance, security and reliability and etc, especially in the financial industry. Digital currency, digital bills, cross-border payment and settlement and so on, all these things based on the technology of block chain have already been implemented. In the field of supply chain finance, due to limited circulation of bank bills and commercial bills and high risk control costs, fi- nancing difficulties for small and medium-sized enterprises in the supply chain are caused. By analyzing the advantages of block chain technology in the financial field and the problems in the field of supply chain finance, this paper proposes the use of block chain technology to reconstruct the supply chain finan- cial service model, and then solve the pain points in the field of chain finance well, and provide new ideas for the innovation and development of supply chain finance. Key