Core Insights - The article discusses how blockchain technology is fundamentally changing the landscape of supply chain finance, particularly for small and medium-sized enterprises (SMEs) facing challenges in obtaining financing due to information asymmetry and slow capital flow [1][14]. Group 1: Blockchain Technology and Supply Chain Finance - Blockchain technology is breaking down information barriers, allowing for credible data flow among participants in the supply chain, thus enhancing trust and transparency [1]. - The distributed ledger feature of blockchain enables the creation of a data-sharing platform where all transaction data, logistics information, and capital flow are recorded immutably [1]. Group 2: Smart Contracts and Financing Efficiency - The implementation of smart contracts has automated the financing process, significantly reducing approval times; for instance, a manufacturing company reduced its financing cycle from 15 working days to just 3 days [2]. Group 3: Data Assetization and Credit Assessment - The company innovatively transforms operational and transaction data into assessable credit assets, creating a more accurate credit profile for SMEs, which addresses the shortcomings of traditional credit assessment methods [3]. Group 4: Innovative Financing Models - The "asset rights acquisition" model allows companies to digitize and leverage various assets such as accounts receivable and inventory as financing tools, enhancing liquidity and providing reliable risk control for financial institutions [7]. Group 5: Practical Outcomes and Industry Impact - The blockchain transformation has led to improved collaboration among core enterprises and their partners, resulting in a 30% reduction in average financing costs and over a 25% increase in capital turnover rates for participating companies [8]. Group 6: Promoting Digital Transformation - The blockchain solution not only addresses financing challenges but also encourages SMEs to enhance their data management systems, thereby promoting overall management improvement within the industry [9]. Group 7: Future Outlook - As the digital economy evolves, the value of data assets will be further unlocked, and the company aims to deepen the application of blockchain in supply chain finance, providing more efficient financing services to SMEs [10].