2017年6月20日星期二

Supply Chain Finance: Combined Big Data with Blockchain


What application for Big data in the supply chain finance?
For credit risk control:
l  Credit rating: Using big data to a credit analyst for the target customer, which can be applied in short-term loan approval, as well as in accurate financial and logistics service loans.
l  Early warning: Using big data to industry analysis and price fluctuation analysis, adding the control process and predict process for the accurate financial and logistics service.
l  Information interaction: Using big data to the information interaction, business collaboration and transaction transparency, from the real time management to reach the effective monitoring.
l  Operation process: Using big data in finance, to build the integrated platform with electricity business, finance and logistics, for a confluence of electricity data to improve the mortgage rate.
What can Blockchain do ?

For the supply chain,  all the information for manufacturers, suppliers, distributors, retailers, logistics can be recorded on the chain. The logistic chain can be combined with Internet technology, then to simplify the work. By this way, Blockchain can record and share the latest progress of the supply chain for real time, to achieve the quality and transportation of production orders, then to realize the chain visibility transparency. The transparency for management can reduce the inventory cost, provide timely support for enterprises  and respond to emergencies, but also for the convenience for the auditing.


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