Blockchain Invoices and High-Quality Development of Enterprises

Wu, Yanhong; Xue, Lingqi

doi:10.1007/978-981-16-0115-6_212

Cited by 1 publication

(1 citation statement)

References 7 publications

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“…Using blockchain-based invoices, businesses at the end of the supply chain can obtain low-cost financing and financing services. When a blockchain-based bill is created, the distributed storage of the blockchain ensures that newly established data are certified by all participating nodes, ensuring authenticity and preventing manipulation (Wu and Xue, 2021).…”

Section: Thematic Analysismentioning

confidence: 99%

Filling the SME credit gap: a systematic review of blockchain-based SME finance literature

Kumar,

Phani,

Chilamkurti

et al. 2023

JTS

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PurposeThe review examines the existing literature on blockchain-based small and medium enterprise (SME) finance and highlights its trend, themes, opportunities and challenges. Based on these factors, the authors create a framework for the existing literature on blockchain-based SME financing and lay down future research paths.Design/methodology/approachThe review follows a systematic approach. It includes 53 articles encompassing multiple dimensions of blockchain-based SME finance, including peer-to-peer lending platforms, supply chain finance (SCF), decentralized lending protocols and tokenization of assets. The review critically evaluates these approaches' theoretical underpinnings, empirical evidence and practical implementations.FindingsThe review demonstrates that blockchain-based SME finance holds significant promise in addressing the credit gap by leveraging blockchain technology's decentralized and transparent nature. Benefits identified include reduced information asymmetry, improved access to financing, enhanced credit assessment processes and increased financial inclusion. However, the literature acknowledges several challenges and limitations, such as regulatory uncertainties, scalability issues, operational complexities and potential security risks.Originality/valueThe article contributes to the growing knowledge of blockchain-based SME finance by synthesizing and evaluating the existing literature. It also provides a framework for the existing literature in the area and future research paths. The study offers insights for researchers, policymakers and practitioners seeking to understand the potential of blockchain technology in filling the SME credit gap and fostering economic development through improved access to finance for SMEs.

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Section: Thematic Analysismentioning

confidence: 99%