Block Chain Technology, Credit Rationing and SME Financing: Theoretical Basis and Application Scenario

DOI

10.2991/978-94-6463-042-8_207How to use a DOI?

Keywords

Block chain; Credit rationing; SME financing

Abstract

The decentralized advantage of block chain technology helps to improve the credit business model of commercial banks, and also provides an idea to solve the financing difficulties of SME. This paper compares the traditional bank credit model with the credit model embedded in block chain technology from a theoretical perspective, and analyzes the impact on block chain technology on the relationship among banks, enterprises and governments. The analysis shows that the credit model embedded in block chain technology can improve the information asymmetry between banks and enterprises and alleviate the problem of bank credit rationing; The credit platform based on block chain technology effectively solves the financing difficulties faced by small and medium enterprises.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yudan Zhao
AU  - Haifeng Li
PY  - 2022
DA  - 2022/12/29
TI  - Block Chain Technology, Credit Rationing and SME Financing: Theoretical Basis and Application Scenario
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 1424
EP  - 1431
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_207
DO  - 10.2991/978-94-6463-042-8_207
ID  - Zhao2022
ER  -