supply chain finance is embracing a new round of development. many internet giants such as ant financial, tencent, jingdong and ping an yizhang tong are accelerating their entry layout and building an "industry finance" ecosystem around supply chain finance, the economic information daily reported. among them, ant financial has completed the first single blockchain loan business, and the current blockchain landing scene has exceeded 40. the industry estimates that supply chain finance will create a new blue ocean, with the size of the domestic market reaching 15 trillion yuan by 2020. in the next step, the regulatory layer will continue to promote the innovation and application of supply chain, strengthen the supervision of financial risks of supply chain, and guide financial institutions to improve the tracking and monitoring of core enterprises and upstream and downstream chain enterprises.
jiang guofei, vice president of ant financial services, said at the media conference that the first single block chain loan business of ant financial services has landed. so far, ant blockchain has landed in more than 40 scenarios, including blockchain loans, blockchain contracts and blockchain bills. the next step is to upgrade the open supply chain collaboration network ant "double chain pass" based on blockchain technology.
in fact, the layout of ant financial is a microcosm of the development of supply chain finance. reporters learned that around the supply chain finance, many internet giants are accelerating entry. ping an group recently said that ping an financial yizhang tong has developed ten industry supply chain financial services, focusing on the automobile, agriculture, animal husbandry and medical industry. in the future, the supply chain financial ecosystem will be built around the five scenarios of government, customs, core enterprises, merchant platforms and financial institutions. jd also recently established a new supply chain technology company with a registered capital of more than 70 million yuan, covering supply chain technology, supply chain management and other businesses.
pan helin, a senior researcher at pangu think tank, told the economic information daily that supply chain finance is of great significance to solve information asymmetry and ease the financing difficulties of small and medium-sized enterprises. the entrance layout of internet giants is conducive to block chain, big data and other technologies to empower supply chain finance, so as to improve the risk control ability and further expand the business boundary with technology. this is undoubtedly a new blue ocean for internet giants. in addition, supply chain finance enables internet giants' financial businesses to have real industrial synergy, which not only gives them greater business development space, but also gives them "legitimacy" for survival and development, so as to avoid turning from real to virtual, and serve the real economy to let the business enter a long-term virtuous cycle.
china's blockchain industry white paper 2018 released by the ministry of industry and information technology shows that supply chain finance is an emerging and huge stock market. according to the research and analysis report on the current situation of china's supply chain finance industry and market prospect forecast released by china industry research network, the scale of china's supply chain financing market is as high as 10 trillion yuan, which will explode at an annual growth rate of more than 20%, and reach 15 trillion yuan by 2020.
however, industry insiders also said that with the rapid development of supply chain finance, the risk of fraudulent loans has also emerged. , silver circ published opinions, points out that the banking financial institutions shall establish and improve supply chain oriented financial risk control system of the whole chain, enhance the core enterprise operating conditions, the core enterprise and upstream and downstream chain enterprise transactions monitoring and analysis of supply chain historical transaction records, strengthen the logistics, information, capital and information tracking management of third-party data.
source: economic information daily