Abstract

Blockchain technology is a database that is operated by multiple parts and forms a chain structure through hash index. The blockchain uses multiple nodes and distributes multiple accesses to data, thereby reducing the dependence on the central Internet server and avoiding the possibility of damage to the central server point due to data and data loss. Encryption technology is used to ensure its integrity and ensure that the data files stored in the blockchain are not tampered with or deleted maliciously. Blockchain technology has inherent advantages in supply chain finance with its technical attributes such as nontampering, distributed ledger, and traceability and has great potential to build trust to solve the main problems of supply chain finance, which is conducive to promoting financial development in the Beibu Gulf region. This article mainly introduces the application research of blockchain technology in supply chain finance in the Beibu Gulf region and intends to provide some ideas for the development of supply chain finance in the Beibu Gulf region combined with blockchain technology. This article proposes the application research methods of blockchain technology in supply chain finance in the Beibu Gulf region, including blockchain technology, supply chain financial risk evaluation on the blockchain, and supply chain finance game for relevant experiments. The experimental results of this article show that the average processing time of the algorithm of the designed blockchain supply chain financial system is 4.10 seconds, the algorithm processing efficiency is faster, and the relevant risks can be better assessed.

Highlights

  • In order to make the development of supply chain finance reasonable and controllable, it is necessary to improve the ability to control supply chain financing through emerging technologies. e development of supply chain financing will form cross-industry, cross-regional, cross-departmental, and in-depth alliances with the government, and industry associations and funds will form an economic ecological platform to provide effective services to different entities, improve the operational efficiency of the supply chain, and promote the development of the business environment

  • Blockchain technology is gradually applied in the field of supply chain finance

  • According to the construction of the judgment matrix of the analytic hierarchy process, in the level analysis of the supply chain financial risk on the blockchain, it can be assumed that the total risk of the system is I, and the firstlevel indicator of the supply chain financial risk evaluation on the blockchain is Ii 􏼈I1, I2, . . . , Ii􏼉, and the second-level indicator is Iin 􏼈Ii1, Ii2, . . . , Iin􏼉, and the third-level indicator is Iinm 􏼈Iin1, Iin2, . . . , Iinm􏼉 [13]. e importance of each influencing factor to the upper level can be determined by quantitative indicators

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Summary

Introduction

In order to make the development of supply chain finance reasonable and controllable, it is necessary to improve the ability to control supply chain financing through emerging technologies. e development of supply chain financing will form cross-industry, cross-regional, cross-departmental, and in-depth alliances with the government, and industry associations and funds will form an economic ecological platform to provide effective services to different entities, improve the operational efficiency of the supply chain, and promote the development of the business environment. E development of supply chain financing will form cross-industry, cross-regional, cross-departmental, and in-depth alliances with the government, and industry associations and funds will form an economic ecological platform to provide effective services to different entities, improve the operational efficiency of the supply chain, and promote the development of the business environment. This stage is inseparable from technologies such as blockchain, the Internet, and the Internet of ings. The development of regional finance has become an inevitable trend of economic development

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