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Analysis of Blockchain-based Cold Chain Logistics Financial Business Model

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DOI: 10.23977/ferm.2024.070202 | Downloads: 6 | Views: 165

Author(s)

Liu Haoran 1

Affiliation(s)

1 Yonsei University, 50 Yonsei-ro Seodaemun-gu, Seoul, 03722, Korea

Corresponding Author

Liu Haoran

ABSTRACT

With the continuous development of the global economy, cold chain logistics finance, as one of the important supporting industries, has received widespread attention. However, traditional cold chain logistics financial models face many challenges such as information asymmetry and trust issues. This paper takes blockchain technology as the starting point to explore the blockchain-based cold chain logistics financial business model, aiming to solve various problems in traditional models. By reviewing the basic concepts of cold chain logistics finance and blockchain technology, analyzing the application mechanism of blockchain technology in cold chain logistics finance, and demonstrating the feasibility and advantages of this model through empirical case studies, this paper also deeply discusses risk management and regulatory aspects, providing theoretical support and practical guidance for further promoting the development of blockchain-based cold chain logistics financial models. In summary, this research aims to provide new ideas and methods for the transformation and upgrading of the cold chain logistics finance industry.

KEYWORDS

Blockchain Technology; Cold Chain Logistics Finance; Business Model; Information Asymmetry; Trust Issues

CITE THIS PAPER

Liu Haoran, Analysis of Blockchain-based Cold Chain Logistics Financial Business Model. Financial Engineering and Risk Management (2024) Vol. 7: 7-13. DOI: http://dx.doi.org/10.23977/ferm.2024.070202.

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