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International Journal of New Developments in Engineering and Society, 2024, 8(1); doi: 10.25236/IJNDES.2024.080103.

Risk analysis of supply chain finance in the context of blockchain based on comprehensive fuzzy evaluation method

Author(s)

Wu Hongxin, Sun Yu

Corresponding Author:
Wu Hongxin
Affiliation(s)

Department of Management Science and Engineering, Hebei University of Engineering, Handan, 056038, China

Abstract

In view of the problems existing in traditional supply chain finance, such as narrow scope of credit objects, limited information integration and difficult transaction supervision, the application framework of blockchain technology supply chain finance is established by using the characteristics of blockchain, such as openness, decentralization, traceability and smart contract. The comprehensive fuzzy evaluation method will be used to provide blockchain solutions and optimize the current supply chain financial risks from the perspective of blockchain and in combination with supply chain financial risks, establish a supply chain financial risk evaluation index system suitable for blockchain, and put forward a more accurate fuzzy prediction model, which puts forward a new direction for the research of supply chain financial risks. This demonstrates the practicality of blockchain technology in supply chain finance, offering countermeasures to enhance overall efficiency for all participants.

Keywords

Supply chain; Blockchain technology; Financial risks; Comprehensive fuzzy evaluation method

Cite This Paper

Wu Hongxin, Sun Yu. Risk analysis of supply chain finance in the context of blockchain based on comprehensive fuzzy evaluation method. International Journal of New Developments in Engineering and Society (2024) Vol.8, Issue 1: 13-20. https://doi.org/10.25236/IJNDES.2024.080103.

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