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Academic Journal of Business & Management, 2023, 5(8); doi: 10.25236/AJBM.2023.050805.

Analysis of Development of "Blockchain Technology + Supply Chain Finance" Based on PEST-SWOT Model

Author(s)

Yanling Huang, Jialin Chen

Corresponding Author:
Yanling Huang
Affiliation(s)

Guangzhou Xinhua University, Guangzhou, Guangdong, China

Abstract

The emerging ICT technology is applied in the financial field in the fastest and most common way. Under the background that the development of supply chain finance is encouraged in China to solve the difficulties faced by small and medium-sized enterprises in accessing affordable financing, this study focuses on the application of blockchain technology by analyzing its internal strength and weakness through the PEST-SWOT model as well as the opportunities and challenges in the external politics (P), economy (E), society (S) and technology (T). From the perspective of supply chain finance-related enterprises, we put forward corresponding countermeasures and suggestions for the development of "blockchain technology + supply chain finance" in China.

Keywords

PEST-SWOT Model, Supply Chain Finance, Blockchain Technology

Cite This Paper

Yanling Huang, Jialin Chen. Analysis of Development of "Blockchain Technology + Supply Chain Finance" Based on PEST-SWOT Model. Academic Journal of Business & Management (2023) Vol. 5, Issue 8: 27-33. https://doi.org/10.25236/AJBM.2023.050805.

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