Supply chain financial service management system based on block chain IoT data sharing and edge computing

The implementation of the “Internet +” policy advocated by the state has also led to rapid development of Internet finance. In order to promote changes in business development models, as a pioneering work for banks serving the real economy, supply chains are being developed to address small and medi...

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Published in:Alexandria engineering journal Vol. 61; no. 1; pp. 147 - 158
Main Authors: Wang, Limei, Wang, Yun
Format: Journal Article
Language:English
Published: Elsevier B.V 01.01.2022
Elsevier
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ISSN:1110-0168
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Abstract The implementation of the “Internet +” policy advocated by the state has also led to rapid development of Internet finance. In order to promote changes in business development models, as a pioneering work for banks serving the real economy, supply chains are being developed to address small and medium-sized enterprises. The financing of enterprises, the transformation and development needs of banks themselves, and the promotion of logistics technology. Edge computing refers to an open platform that integrates network, data processing, storage and application core functions, and can provide the closest end-of-page service near the object data source to meet real-time, application intelligence, security and privacy Sexual needs. The core of supply chain financing is to establish an optimized plan that can effectively control supply chain financing. By integrating the financing literature of the supply chain, the settlement cost in the supply chain can be solved. Based on theoretical research, this article analyzes supply chain financing and block chain technology. Combined with the current specific situation of block chain in supply chain financing, the management system, cash flow of the supply chain, and risk control system are analyzed. All parties to the supply chain financing optimize the supply chain financing risk control system while reducing business costs and improving corporate efficiency, which greatly reduces the risks of all parties in the supply chain financing. The block chain Iota environment based on shared data and advanced data processing has very powerful theoretical and practical significance for promoting the development of commercial banks and enterprises.
AbstractList The implementation of the “Internet +” policy advocated by the state has also led to rapid development of Internet finance. In order to promote changes in business development models, as a pioneering work for banks serving the real economy, supply chains are being developed to address small and medium-sized enterprises. The financing of enterprises, the transformation and development needs of banks themselves, and the promotion of logistics technology. Edge computing refers to an open platform that integrates network, data processing, storage and application core functions, and can provide the closest end-of-page service near the object data source to meet real-time, application intelligence, security and privacy Sexual needs. The core of supply chain financing is to establish an optimized plan that can effectively control supply chain financing. By integrating the financing literature of the supply chain, the settlement cost in the supply chain can be solved. Based on theoretical research, this article analyzes supply chain financing and block chain technology. Combined with the current specific situation of block chain in supply chain financing, the management system, cash flow of the supply chain, and risk control system are analyzed. All parties to the supply chain financing optimize the supply chain financing risk control system while reducing business costs and improving corporate efficiency, which greatly reduces the risks of all parties in the supply chain financing. The block chain Iota environment based on shared data and advanced data processing has very powerful theoretical and practical significance for promoting the development of commercial banks and enterprises.
Author Wang, Limei
Wang, Yun
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Issue 1
Keywords Supply chain finance
Internet of things
Commercial bank
Block chain
Edge computing
Language English
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– start-page: 1365
  year: 2012
  ident: 10.1016/j.aej.2021.04.079_b0090
  article-title: Scaring or pleasing: exploit emotional impact of an image
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Snippet The implementation of the “Internet +” policy advocated by the state has also led to rapid development of Internet finance. In order to promote changes in...
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SubjectTerms Block chain
Commercial bank
Edge computing
Internet of things
Supply chain finance
Title Supply chain financial service management system based on block chain IoT data sharing and edge computing
URI https://dx.doi.org/10.1016/j.aej.2021.04.079
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