Chen Xiangfeng of Fudan University: Application of blockchain technology can solve the pain points of traditional supply chain finance

On November 28th, Chen Xiangfeng, director of the International Supply Chain Finance Research Center of Fudan University, said that the main pain points of traditional supply chain finance are reflected in "the existence of information islands in the supply chain, the lack of credible trade scenarios, the inability of core corporate credits to pass and split, and performance Risks cannot be effectively controlled. " But these problems may be solved with the application of blockchain technology. Blockchain is a credit revolution, not a data revolution. The distributed ledger of the blockchain has the characteristics of openness and transparency, and cannot be tampered with. It plays a role in filling up the problems faced by the supply chain finance.