Anqi Li1, Ziying Tan1, Ruining Dan2, Deyu Li3
1School of Finance, Anhui University of Finance and Economics, Bengbu, China
2School of Statistics and Applied Mathematics, Anhui University of Finance and Economics, Bengbu, China
3School of Economics, Anhui University of Finance and Economics, Bengbu, China
Small and medium-sized enterprises (SMEs), as an important part of the national economy, often encounter some financing difficulties due to their small scale and poor ability to withstand risks, which restrict the sustainable development of China. With the advancement of technology, blockchain technology is gradually applied to various industries, which to a certain extent alleviates the financing constraints of SMEs. The article discusses the role of applying blockchain technology in enterprise financing constraint mechanism from the perspective of high-quality enterprise development, and analyzes the causes of the current financing difficulties of SMEs in China, after which the mechanism of blockchain technology's influence on financing constraint is analyzed, and finally gives countermeasures of blockchain technology to alleviate financing constraint from the perspective of high-quality enterprise development.
High-quality development; Blockchain technology; Financing constraints
Anqi Li, Ziying Tan, Ruining Dan, Deyu Li. The Impact Mechanism of Blockchain Technology on Financing Constraints from the Perspective of High-Quality Enterprise Development. Academic Journal of Business & Management (2023) Vol. 5, Issue 9: 137-142. https://doi.org/10.25236/AJBM.2023.050921.
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