本校學位論文庫
CITYU Theses & Dissertations
論文詳情
黄梓祺
法扎德
商學院
工商管理碩士學位(MBA)課程(中文學制)
碩士
2023
基於區塊鏈技術的供應鏈金融模式研究 : 以福金 All-Link 系統為例
Research on Supply Chain Finance Model Based on Blockchain Technology : A Case Study of FuJin All-Link system
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Blockchain ; Automobile supply chain finance
公開日期：28/5/2027
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The emergence of automobile supply chain finance has improved the economic difficulties encountered by automobile industry companies. However, the existing information island within this structure, encompassing problems such as information fraud and difficulties in bill disassembly and transfer, obstructs the movement of fundamental business credit at different stages, complicating the process for these enterprises to obtain financing. Blockchain technology depends on consensus algorithms, cryptographic encryption, distributed ledgers, and other methods to offer automated systems that build trust among all stakeholders in the present automotive chain system and lower the total financial expenses of the transaction procedures. Therefore, through the study and analysis of real cases, this thesis discusses how to use blockchain technological to break through the difficulties of traditional automotive supply chain finance.
The real case study in this thesis is the Fujin ALL-link system built by Foton Motor and Ping An Group. The initial emphasis lies in investigating Foton Motor's existing supply chain finance services and their growth stage, thereby propose an evaluation of the ALL-Link system's technical structure, the platform's operational techniques, and its capital or financial service structure. A qualitative comparison of the ALL-link system against the conventional supply chain finance system reveals the system scheme's pros and cons. At the same time, some suggestions are put forward for the existing problems and the possible optimization direction in the future.
The real case study in this thesis is the Fujin ALL-link system built by Foton Motor and Ping An Group. The initial emphasis lies in investigating Foton Motor's existing supply chain finance services and their growth stage, thereby propose an evaluation of the ALL-Link system's technical structure, the platform's operational techniques, and its capital or financial service structure. A qualitative comparison of the ALL-link system against the conventional supply chain finance system reveals the system scheme's pros and cons. At the same time, some suggestions are put forward for the existing problems and the possible optimization direction in the future.
2024
英文
83
Acknowledgements ..I
Abstract II
List of Figures . V
List of Tables. VI
Chapter One Introduction 1
1.1 Research Background. .1
1.2 Research significance .3
1.2.1 Theoretical significance 3
1.2.2 Practical significance 4
1.3 Research contents 5
1.4 Research methods 7
1.5 Research innovation point, difficulty and feasibility .. 8
Chapter Two Literature review and underlying theoretical concepts 10
2.1 Literature review of supply chain Finance. 10
2.1.1 Supply chain concept 10
2.1.2 Literature review of supply chain finance. 11
2.1.3 Literature review of supply chain finance in automobile industry 16
2.1.4 The traditional financing method of supply chain finance in automobile industry . 18
2.2 Overview of blockchain technology 24
2.2.1 Literature review of blockchain technology 24
2.2.2 The core technology of blockchain 26
2.2.3 The types of blockchain .. 28
2.3 Literature review of blockchain based supply chain Finance 29
2.4 Overall review of literature . 32
Chapter Three The feasibility research of apply blockchain to supply chain finance 33
3.1 Research methodology . 33
3.2 Risks and difficulties of supply chain finance in automobile industry 34
3.2.1 The authenticity of trade is difficult to verify, and the risk of information fraud 34
3.2.2 The problem of credit cross-level transmission .. 35
3.2.3 The problem of risk control of financial institutions 35
3.3 Feasibility study of blockchain application in supply chain finance . 36
3.3.1 The timestamp mechanism of the blockchain ensures the traceability and immutability of information .37
3.3.2 The decentralized technology of blockchain can enhance the credit of enterprises on the chain. 38
3.3.3 Blockchain's smart contracts and consensus mechanisms can reduce financing costs ..39
Chapter Four Case background introduction 42
4.1 Case background introduction. .42
4.1.1 Foton Motor Co., Ltd. . 42
4.1.2 OneConnect Financial Technology Co. Ltd. .43
4.2 Foton motor supply chain finance mode. 44
4.2.1 Supply chain finance specific business model . 44
4.2.2 Supply chain finance supporting participants .. 47
4.3 Current situation of Foton automobile supply chain. .47
4.3.1 Upstream supplier system 47
4.3.2 Downstream dealer system 50
4.3.3 Factors restricting the development of Foton supply chain finance 53
Chapter Five Systematic analysis of Fujin All-Link system . 56
5.1 Fujin All-link system technology platform architecture .. 56
5.2 Fujin All-link system platform operation mode and credit mechanism .. . 57
5.2.1 Platform operation mode.. 57
5.2.2 Trading system credit mechanism. 58
5.3 Innovative products using blockchain technology--Fujintong digital certificate 59
5.3.1 Digital certificate based on blockchain technology . 59
5.3.2 The process of upstream supplier using digital certificates .. 60
5.3.3 The process of downstream dealer using digital certificates .. 63
5.4 Advantages and disadvantages of supply chain finance solutions using blockchain technology 65
5.4.1 Advantages . 65
5.4.2 Disadvantages . 67
Chapter Six Discussions and Suggestions for Fujin All-Link system. 69
6.1 Current problems of Blockchain 69
6.1.1 Network security 69
6.1.2 Privacy ..69
6.1.3 Cross-platform Interaction 70
6.1.4 Transaction performance. 71
6.2 Blockchain points system to establish a sound incentive mechanism 72
6.3 Promote the integration of blockchain with other emerging science and technology 73
6.4 Strengthen the construction of a blockchain-based supply chain financial supervision system 75
Chapter Seven Research conclusion and prospect 77
7.1 Research Conclusions 77
7.2 Research deficiencies and suggestions. 79
Bibliography 81
Abstract II
List of Figures . V
List of Tables. VI
Chapter One Introduction 1
1.1 Research Background. .1
1.2 Research significance .3
1.2.1 Theoretical significance 3
1.2.2 Practical significance 4
1.3 Research contents 5
1.4 Research methods 7
1.5 Research innovation point, difficulty and feasibility .. 8
Chapter Two Literature review and underlying theoretical concepts 10
2.1 Literature review of supply chain Finance. 10
2.1.1 Supply chain concept 10
2.1.2 Literature review of supply chain finance. 11
2.1.3 Literature review of supply chain finance in automobile industry 16
2.1.4 The traditional financing method of supply chain finance in automobile industry . 18
2.2 Overview of blockchain technology 24
2.2.1 Literature review of blockchain technology 24
2.2.2 The core technology of blockchain 26
2.2.3 The types of blockchain .. 28
2.3 Literature review of blockchain based supply chain Finance 29
2.4 Overall review of literature . 32
Chapter Three The feasibility research of apply blockchain to supply chain finance 33
3.1 Research methodology . 33
3.2 Risks and difficulties of supply chain finance in automobile industry 34
3.2.1 The authenticity of trade is difficult to verify, and the risk of information fraud 34
3.2.2 The problem of credit cross-level transmission .. 35
3.2.3 The problem of risk control of financial institutions 35
3.3 Feasibility study of blockchain application in supply chain finance . 36
3.3.1 The timestamp mechanism of the blockchain ensures the traceability and immutability of information .37
3.3.2 The decentralized technology of blockchain can enhance the credit of enterprises on the chain. 38
3.3.3 Blockchain's smart contracts and consensus mechanisms can reduce financing costs ..39
Chapter Four Case background introduction 42
4.1 Case background introduction. .42
4.1.1 Foton Motor Co., Ltd. . 42
4.1.2 OneConnect Financial Technology Co. Ltd. .43
4.2 Foton motor supply chain finance mode. 44
4.2.1 Supply chain finance specific business model . 44
4.2.2 Supply chain finance supporting participants .. 47
4.3 Current situation of Foton automobile supply chain. .47
4.3.1 Upstream supplier system 47
4.3.2 Downstream dealer system 50
4.3.3 Factors restricting the development of Foton supply chain finance 53
Chapter Five Systematic analysis of Fujin All-Link system . 56
5.1 Fujin All-link system technology platform architecture .. 56
5.2 Fujin All-link system platform operation mode and credit mechanism .. . 57
5.2.1 Platform operation mode.. 57
5.2.2 Trading system credit mechanism. 58
5.3 Innovative products using blockchain technology--Fujintong digital certificate 59
5.3.1 Digital certificate based on blockchain technology . 59
5.3.2 The process of upstream supplier using digital certificates .. 60
5.3.3 The process of downstream dealer using digital certificates .. 63
5.4 Advantages and disadvantages of supply chain finance solutions using blockchain technology 65
5.4.1 Advantages . 65
5.4.2 Disadvantages . 67
Chapter Six Discussions and Suggestions for Fujin All-Link system. 69
6.1 Current problems of Blockchain 69
6.1.1 Network security 69
6.1.2 Privacy ..69
6.1.3 Cross-platform Interaction 70
6.1.4 Transaction performance. 71
6.2 Blockchain points system to establish a sound incentive mechanism 72
6.3 Promote the integration of blockchain with other emerging science and technology 73
6.4 Strengthen the construction of a blockchain-based supply chain financial supervision system 75
Chapter Seven Research conclusion and prospect 77
7.1 Research Conclusions 77
7.2 Research deficiencies and suggestions. 79
Bibliography 81
1. An, S., Li, B., Wang, M., & Zheng, W. (2023). Financing strategy of the capital-constrained supply chain under uncertainty: the impact of blockchain technology on the credit period. Industrial Management & Data Systems, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IMDS-10-2022-0657
2. Bajar, K., Kamat, A., Shanker, S., & Barve, A. (2022). Blockchain technology: a catalyst for reverse logistics of the automobile industry. Smart and Sustainable Built Environment, ahead-of-print(ahead-of-print). https://doi.org/10.1108/SASBE-11-2021-0203
3. Camerinelli, E. (2009). Supply chain finance [Article]. Journal of Payments Strategy & Systems, 3(2), 114-128.
4. Cekerevac, Z., & Cekerevac, P. (2023). BLOCKCHAIN TECHNOLOGY AND APPLICATION - SMEs ASPECT [Article]. MEST Journal, 11(2), 28-39. https://doi.org/10.12709/mest.11.11.02.04
5. Fu, J., Cao, B., Wang, X., Zeng, P., Liang, W., & Liu, Y. (2022). BFS: A blockchain-based financing scheme for logistics company in supply chain finance. Connection Science, 34(1), 1929-1955. https://doi.org/10.1080/09540091.2022.2088698
6. Gao, Z. (2023). Application of Internet of Things and Block-chain Technology in Improving Supply Chain Financial Risk Management System [Article]. IETE Journal of Research, 69(10), 6878-6887. https://doi.org/10.1080/03772063.2021.2022539
7. Gelsomino, L. M., Sardesai, S., Pirttilä, M., & Henke, M. (2023). Addressing the relation between transparency and supply chain finance schemes [Article]. International Journal of Production Research, 61(17), 5806-5821. https://doi.org/10.1080/00207543.2022.2115575
8. Ghadge, A., Mogale, D. G., Bourlakis, M., M. Maiyar, L., & Moradlou, H. (2022). Link between Industry 4.0 and green supply chain management: Evidence from the automotive industry [Article]. Computers & Industrial Engineering, 169, N.PAG-N.PAG. https://doi.org/10.1016/j.cie.2022.108303
9. Gohil, D., & Thakker, S. V. (2021). Blockchain-integrated technologies for solving supply chain challenges. Modern Supply Chain Research and Applications, 3(2), 78-97. https://doi.org/10.1108/mscra-10-2020-0028
10. Hashemi Joo, M., Nishikawa, Y., & Dandapani, K. (2020). Cryptocurrency, a successful application of blockchain technology. Managerial Finance, 46(6), 715-733. https://doi.org/10.1108/MF-09-2018-0451
11. Hou, L., & Shen, W. (2022). Digital Currency and Regulatory Responses: A Tale of Two Alternative Money Models. Banking & Finance Law Review, 37(2), 305-338.
12. Huang, C., Chan, F. T. S., & Chung, S. H. (2022). Recent contributions to supply chain finance: towards a theoretical and practical research agenda [Article]. International Journal of Production Research, 60(2), 493-516. https://doi.org/10.1080/00207543.2021.1964706
13. Kamble, S. S., Gunasekaran, A., Subramanian, N., Ghadge, A., Belhadi, A., & Venkatesh, M. (2023). Blockchain technology's impact on supply chain integration and sustainable supply chain performance: evidence from the automotive industry [Article]. Annals of Operations Research, 327(1), 575-600. https://doi.org/10.1007/s10479-021-04129-6
14. Kumar, D., Phani, B. V., Chilamkurti, N., Saurabh, S., & Ratten, V. (2023). Filling the SME credit gap: a systematic review of blockchain-based SME finance literature. Journal of Trade Science, 11(2/3), 45-72. https://doi.org/10.1108/JTS-06-2023-0003
15. Lampón, J. F., Pérez-Elizundia, G., & Delgado‐Guzmán, J. A. (2021). Relevance of the cooperation in financing the automobile industry's supply chain: the case of reverse factoring. Journal of Manufacturing Technology Management, 32(5), 1094-1112. https://doi.org/10.1108/JMTM-11-2020-0452
16. Li, L., Wang, Z., & Zhao, X. (2022). Configurations of financing instruments for supply chain cost reduction: evidence from Chinese manufacturing companies. International Journal of Operations & Production Management, 42(9), 1384-1406. https://doi.org/10.1108/IJOPM-12-2021-0755
17. Liang, T.-P., Kohli, R., Huang, H.-C., & Li, Z.-L. (2021). What Drives the Adoption of the Blockchain Technology? A Fit-Viability Perspective [Article]. Journal of Management Information Systems, 38(2), 314-337. https://doi.org/10.1080/07421222.2021.1912915
18. Lu, Q., Liu, B., & Song, H. (2020). How can SMEs acquire supply chain financing: the capabilities and information perspective. Industrial Management & Data Systems, 120(4), 784-809. https://doi.org/10.1108/IMDS-02-2019-0072
19. Lu, Q., Zhou, Y., Luan, Z., & Song, H. (2023). The effect of SMEs' ambidextrous innovations on supply chain financing performance: balancing effect and moderating effect. International Journal of Operations & Production Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IJOPM-10-2022-0684
20. Ma, S., Cai, J., Wang, G., Ge, X., Teng, Y., & Jiang, H. (2024). Research on Decision Analysis with CVaR for Supply Chain Finance Based on Blockchain Technology [Article]. Mathematics (2227-7390), 12(3), 438. https://doi.org/10.3390/math12030438
21. Nath, S. D., Khayer, A., Majumder, J., & Barua, S. (2022). Factors affecting blockchain adoption in apparel supply chains: does sustainability-oriented supplier development play a moderating role? Industrial Management & Data Systems, 122(5), 1183-1214. https://doi.org/10.1108/IMDS-07-2021-0466
22. Panos, M. P., Athanasios, M., & George, B. (2004). Supply Chain And Finance [Book]. World Scientific.
23. Phillips, F. (2008). Managing the financial supply chain [Article]. Automotive Logistics, 13-13.
24. Qiang, G., Mingyuan, B. A. N., & Yilin, Z. (2022). Blockchain, Enterprise Digitalization, and Supply Chain Finance Innovation [Article]. China Economic Transition (CET), 5(2), 131-158. https://doi.org/10.3868/s060-014-022-0008-3
25. Rijanto, A. (2021). Blockchain Technology Adoption in Supply Chain Finance. Journal of Theoretical and Applied Electronic Commerce Research, 16(7), 3078-3098. https://doi.org/10.3390/jtaer16070168
26. Rijanto, A. (2024). Blockchain technology roles to overcome accounting, accountability and assurance barriers in supply chain finance. Asian Review of Accounting, ahead-of-print(ahead-of-print). https://doi.org/10.1108/ARA-03-2023-0090
27. Roberts, T. (2018). How Supply Chain Finance Can Fund the Future of Automotive [Article]. SupplyChainBrain, 22(1), 33-33.
28. Samad, T. A., Sharma, R., Ganguly, K. K., Wamba, S. F., & Jain, G. (2023). Enablers to the adoption of blockchain technology in logistics supply chains: evidence from an emerging economy [Article]. Annals of Operations Research, 327(1), 251-291. https://doi.org/10.1007/s10479-022-04546-1
29. Seungjin, O., Kwangyeol, R., Ilkyeong, M., Hyunbo, C., & Mooyoung, J. (2010). Collaborative fractal-based supply chain management based on a trust model for the automotive industry [Article]. Flexible Services & Manufacturing Journal, 22(3/4), 183-213. https://doi.org/10.1007/s10696-011-9082-7
30. Singh, A., Shahare, P., Vikram, P., Srivastava, V., & Kaur, M. (2023). Financial Sector And Blockchain Technology: Challenges And Applications [Article]. Journal of Pharmaceutical Negative Results, 14(2), 1566-1575. https://doi.org/10.47750/pnr.2023.14.02.201
31. Song, H., Han, S., & Yu, K. (2023). Blockchain-enabled supply chain operations and financing: the perspective of expectancy theory. International Journal of Operations & Production Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IJOPM-07-2022-0467
32. Wang, L., Jia, F., Chen, L., & Xu, Q. (2023). Forecasting SMEs' credit risk in supply chain finance with a sampling strategy based on machine learning techniques [Article]. Annals of Operations Research, 331(1), 1-33. https://doi.org/10.1007/s10479-022-04518-5
33. Wang, M., Chen, X., Tan, Y., & Zhu, X. (2023). How does blockchain technology affect the strategic financing decisions of platform supply chain with low-carbon product? Kybernetes, ahead-of-print(ahead-of-print). https://doi.org/10.1108/K-02-2023-0235
34. Wang, Y., Han, J. H., & Beynon-Davies, P. (2019). Understanding blockchain technology for future supply chains: a systematic literature review and research agenda. Supply Chain Management: An International Journal, 24(1), 62-84. https://doi.org/10.1108/SCM-03-2018-0148
35. Xu, C., & Jin, B. (2022). Digital currency in China: pilot implementations, legal challenges and prospects. Juridical Tribune Journal = Tribuna Juridica, 12(2), 177-194. https://doi.org/https://doi.org/10.24818/TBJ/2022/12/2.02
36. Xu, X., Tatge, L., Xu, X., & Liu, Y. (2022). Blockchain applications in the supply chain management in German automotive industry. Production Planning & Control, 1-15. https://doi.org/10.1080/09537287.2022.2044073
37. Yaksick, R. (2019). Overcoming Supply Chain Finance Challenges Via Blockchain Technology. In J. J. Choi & B. Ozkan (Eds.), Disruptive Innovation in Business and Finance in the Digital World (Vol. 20, pp. 87-100). Emerald Publishing Limited. https://doi.org/10.1108/S1569-376720190000020012
2. Bajar, K., Kamat, A., Shanker, S., & Barve, A. (2022). Blockchain technology: a catalyst for reverse logistics of the automobile industry. Smart and Sustainable Built Environment, ahead-of-print(ahead-of-print). https://doi.org/10.1108/SASBE-11-2021-0203
3. Camerinelli, E. (2009). Supply chain finance [Article]. Journal of Payments Strategy & Systems, 3(2), 114-128.
4. Cekerevac, Z., & Cekerevac, P. (2023). BLOCKCHAIN TECHNOLOGY AND APPLICATION - SMEs ASPECT [Article]. MEST Journal, 11(2), 28-39. https://doi.org/10.12709/mest.11.11.02.04
5. Fu, J., Cao, B., Wang, X., Zeng, P., Liang, W., & Liu, Y. (2022). BFS: A blockchain-based financing scheme for logistics company in supply chain finance. Connection Science, 34(1), 1929-1955. https://doi.org/10.1080/09540091.2022.2088698
6. Gao, Z. (2023). Application of Internet of Things and Block-chain Technology in Improving Supply Chain Financial Risk Management System [Article]. IETE Journal of Research, 69(10), 6878-6887. https://doi.org/10.1080/03772063.2021.2022539
7. Gelsomino, L. M., Sardesai, S., Pirttilä, M., & Henke, M. (2023). Addressing the relation between transparency and supply chain finance schemes [Article]. International Journal of Production Research, 61(17), 5806-5821. https://doi.org/10.1080/00207543.2022.2115575
8. Ghadge, A., Mogale, D. G., Bourlakis, M., M. Maiyar, L., & Moradlou, H. (2022). Link between Industry 4.0 and green supply chain management: Evidence from the automotive industry [Article]. Computers & Industrial Engineering, 169, N.PAG-N.PAG. https://doi.org/10.1016/j.cie.2022.108303
9. Gohil, D., & Thakker, S. V. (2021). Blockchain-integrated technologies for solving supply chain challenges. Modern Supply Chain Research and Applications, 3(2), 78-97. https://doi.org/10.1108/mscra-10-2020-0028
10. Hashemi Joo, M., Nishikawa, Y., & Dandapani, K. (2020). Cryptocurrency, a successful application of blockchain technology. Managerial Finance, 46(6), 715-733. https://doi.org/10.1108/MF-09-2018-0451
11. Hou, L., & Shen, W. (2022). Digital Currency and Regulatory Responses: A Tale of Two Alternative Money Models. Banking & Finance Law Review, 37(2), 305-338.
12. Huang, C., Chan, F. T. S., & Chung, S. H. (2022). Recent contributions to supply chain finance: towards a theoretical and practical research agenda [Article]. International Journal of Production Research, 60(2), 493-516. https://doi.org/10.1080/00207543.2021.1964706
13. Kamble, S. S., Gunasekaran, A., Subramanian, N., Ghadge, A., Belhadi, A., & Venkatesh, M. (2023). Blockchain technology's impact on supply chain integration and sustainable supply chain performance: evidence from the automotive industry [Article]. Annals of Operations Research, 327(1), 575-600. https://doi.org/10.1007/s10479-021-04129-6
14. Kumar, D., Phani, B. V., Chilamkurti, N., Saurabh, S., & Ratten, V. (2023). Filling the SME credit gap: a systematic review of blockchain-based SME finance literature. Journal of Trade Science, 11(2/3), 45-72. https://doi.org/10.1108/JTS-06-2023-0003
15. Lampón, J. F., Pérez-Elizundia, G., & Delgado‐Guzmán, J. A. (2021). Relevance of the cooperation in financing the automobile industry's supply chain: the case of reverse factoring. Journal of Manufacturing Technology Management, 32(5), 1094-1112. https://doi.org/10.1108/JMTM-11-2020-0452
16. Li, L., Wang, Z., & Zhao, X. (2022). Configurations of financing instruments for supply chain cost reduction: evidence from Chinese manufacturing companies. International Journal of Operations & Production Management, 42(9), 1384-1406. https://doi.org/10.1108/IJOPM-12-2021-0755
17. Liang, T.-P., Kohli, R., Huang, H.-C., & Li, Z.-L. (2021). What Drives the Adoption of the Blockchain Technology? A Fit-Viability Perspective [Article]. Journal of Management Information Systems, 38(2), 314-337. https://doi.org/10.1080/07421222.2021.1912915
18. Lu, Q., Liu, B., & Song, H. (2020). How can SMEs acquire supply chain financing: the capabilities and information perspective. Industrial Management & Data Systems, 120(4), 784-809. https://doi.org/10.1108/IMDS-02-2019-0072
19. Lu, Q., Zhou, Y., Luan, Z., & Song, H. (2023). The effect of SMEs' ambidextrous innovations on supply chain financing performance: balancing effect and moderating effect. International Journal of Operations & Production Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IJOPM-10-2022-0684
20. Ma, S., Cai, J., Wang, G., Ge, X., Teng, Y., & Jiang, H. (2024). Research on Decision Analysis with CVaR for Supply Chain Finance Based on Blockchain Technology [Article]. Mathematics (2227-7390), 12(3), 438. https://doi.org/10.3390/math12030438
21. Nath, S. D., Khayer, A., Majumder, J., & Barua, S. (2022). Factors affecting blockchain adoption in apparel supply chains: does sustainability-oriented supplier development play a moderating role? Industrial Management & Data Systems, 122(5), 1183-1214. https://doi.org/10.1108/IMDS-07-2021-0466
22. Panos, M. P., Athanasios, M., & George, B. (2004). Supply Chain And Finance [Book]. World Scientific.
23. Phillips, F. (2008). Managing the financial supply chain [Article]. Automotive Logistics, 13-13.
24. Qiang, G., Mingyuan, B. A. N., & Yilin, Z. (2022). Blockchain, Enterprise Digitalization, and Supply Chain Finance Innovation [Article]. China Economic Transition (CET), 5(2), 131-158. https://doi.org/10.3868/s060-014-022-0008-3
25. Rijanto, A. (2021). Blockchain Technology Adoption in Supply Chain Finance. Journal of Theoretical and Applied Electronic Commerce Research, 16(7), 3078-3098. https://doi.org/10.3390/jtaer16070168
26. Rijanto, A. (2024). Blockchain technology roles to overcome accounting, accountability and assurance barriers in supply chain finance. Asian Review of Accounting, ahead-of-print(ahead-of-print). https://doi.org/10.1108/ARA-03-2023-0090
27. Roberts, T. (2018). How Supply Chain Finance Can Fund the Future of Automotive [Article]. SupplyChainBrain, 22(1), 33-33.
28. Samad, T. A., Sharma, R., Ganguly, K. K., Wamba, S. F., & Jain, G. (2023). Enablers to the adoption of blockchain technology in logistics supply chains: evidence from an emerging economy [Article]. Annals of Operations Research, 327(1), 251-291. https://doi.org/10.1007/s10479-022-04546-1
29. Seungjin, O., Kwangyeol, R., Ilkyeong, M., Hyunbo, C., & Mooyoung, J. (2010). Collaborative fractal-based supply chain management based on a trust model for the automotive industry [Article]. Flexible Services & Manufacturing Journal, 22(3/4), 183-213. https://doi.org/10.1007/s10696-011-9082-7
30. Singh, A., Shahare, P., Vikram, P., Srivastava, V., & Kaur, M. (2023). Financial Sector And Blockchain Technology: Challenges And Applications [Article]. Journal of Pharmaceutical Negative Results, 14(2), 1566-1575. https://doi.org/10.47750/pnr.2023.14.02.201
31. Song, H., Han, S., & Yu, K. (2023). Blockchain-enabled supply chain operations and financing: the perspective of expectancy theory. International Journal of Operations & Production Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IJOPM-07-2022-0467
32. Wang, L., Jia, F., Chen, L., & Xu, Q. (2023). Forecasting SMEs' credit risk in supply chain finance with a sampling strategy based on machine learning techniques [Article]. Annals of Operations Research, 331(1), 1-33. https://doi.org/10.1007/s10479-022-04518-5
33. Wang, M., Chen, X., Tan, Y., & Zhu, X. (2023). How does blockchain technology affect the strategic financing decisions of platform supply chain with low-carbon product? Kybernetes, ahead-of-print(ahead-of-print). https://doi.org/10.1108/K-02-2023-0235
34. Wang, Y., Han, J. H., & Beynon-Davies, P. (2019). Understanding blockchain technology for future supply chains: a systematic literature review and research agenda. Supply Chain Management: An International Journal, 24(1), 62-84. https://doi.org/10.1108/SCM-03-2018-0148
35. Xu, C., & Jin, B. (2022). Digital currency in China: pilot implementations, legal challenges and prospects. Juridical Tribune Journal = Tribuna Juridica, 12(2), 177-194. https://doi.org/https://doi.org/10.24818/TBJ/2022/12/2.02
36. Xu, X., Tatge, L., Xu, X., & Liu, Y. (2022). Blockchain applications in the supply chain management in German automotive industry. Production Planning & Control, 1-15. https://doi.org/10.1080/09537287.2022.2044073
37. Yaksick, R. (2019). Overcoming Supply Chain Finance Challenges Via Blockchain Technology. In J. J. Choi & B. Ozkan (Eds.), Disruptive Innovation in Business and Finance in the Digital World (Vol. 20, pp. 87-100). Emerald Publishing Limited. https://doi.org/10.1108/S1569-376720190000020012
