Inventory Financing Model Based on Blockchain Technology
Authors
Yuncheng Qiao, Chaoqun Ma, Qiujun Lan, Zhongding Zhou
Corresponding Author
Chaoqun Ma
Available Online December 2019.
- DOI
- 10.2991/febm-19.2019.7How to use a DOI?
- Keywords
- supply chain finance; blockchain; SMEs’ financing; inventory financing
- Abstract
Incorporating blockchain technology, this paper focuses on solving inventory financing difficulties of small and medium-sized enterprises(SMEs). Different from the existing financing model, we provide a new way for SMEs to obtain loan finacing services without the involvement of core companies. Related concepts and main charateristics of blockchain are introduced. Data flow model of new inventory financing and its design details about how to apply these blockchain technology are described. Finally, we present its innovative advantages in solving the financing difficulties of SMEs.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yuncheng Qiao AU - Chaoqun Ma AU - Qiujun Lan AU - Zhongding Zhou PY - 2019/12 DA - 2019/12 TI - Inventory Financing Model Based on Blockchain Technology BT - Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019) PB - Atlantis Press SP - 337 EP - 342 SN - 2352-5428 UR - https://doi.org/10.2991/febm-19.2019.7 DO - 10.2991/febm-19.2019.7 ID - Qiao2019/12 ER -