Research on Blockchain Enabled Supply Chain Financing Under Option Contracts
【Author】 Yang, Ke; Huang, Jing; Chen, LiHao
【Source】E-BUSINESS: NEW CHALLENGES AND OPPORTUNITIES FOR DIGITAL-ENABLED INTELLIGENT FUTURE, PT III, WHICEB 2024
【影响因子】
【Abstract】The development of enterprises can not be separated from the support of the financial industry, SMEs financing process is difficult, financing difficulties are many SMEs in the reality of the problem faced in the operation, due to many SMEs own credit is low, it is difficult to finance loans from banks and other third-party institutions, resulting in SMEs because of the lack of funds can not be production and business operations, affecting the development of SMEs, and the core business can provide trade credit financing to solve the financing difficulties of SMEs. Consider a secondary supply chain consisting of well-funded suppliers and capital-constrained retailers, with the suppliers as the leaders of the stackelberg game and the retailers as the followers. When the retailer is capital constrained, the supplier can provide trade credit financing for it, and the introduction of blockchain technology can facilitate the increase of market demand to some extent. In this paper, we study the retailer's optimal decision-making and the impact of blockchain technology on the profits of both parties by simultaneously introducing option contracts and establishing two models of traditional financing and blockchain financing.
【Keywords】option contracts; blockchain technology; commercial credit financing
【发表时间】2024
【收录时间】2024-11-26
【文献类型】
【主题类别】
--
评论