This book investigates how the Blockchain Technology (BCT) for Supply Chain Finance (SCF)
programs allows businesses to come together in partnerships and accelerate cash flows
throughout the supply chain. BCT promises to change the way individuals and corporations
exchange value and information over the Internet and is perfectly positioned to enable new
levels of collaboration among the supply chain actors. The book reveals new opportunities
stemming from the application of BCT to SCF financing solutions particularly reverse factoring
- or approved payables financing. To do so it first identifies the principal barriers and pain
points in delivering financing solutions. Then a possible blockchain-driven supply chain model
is defined. Using this framework the book subsequently discusses relevant use cases for the
technology which could open up new opportunities in the SCF space. It demonstrates that
blockchain and distributed ledgers technologies could deliver substantial benefits for all
parties involved in SCF transactions promising to expedite the processes and lower the overall
costs of financing programs. Industry giants such as IBM Maersk China-based Dianrong and
FnConn (a Foxconn subsidiary) are currently working to digitize the global cross-border supply
chain using blockchain technology and will likely soon create blockchain platforms for supply
chain finance. These solutions aim to reduce complexity and make data sharing more secure
accurate and efficient. This book offers a highly topical resource for stakeholders across the
entire supply chain helping them prepare for the upcoming technological revolution.
