Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)

Research on SMEs’ Financing Against the Background of Internet Finance — Based on Block Chain Technology

Authors
Yuyan Zhou, Yana Zhou
Corresponding Author
Yana Zhou
Available Online 4 August 2021.
DOI
10.2991/aebmr.k.210803.014How to use a DOI?
Keywords
Block chain, SMEs, Finance, Financing
Abstract

As an important part of China’s national economy, small and medium-sized enterprises (SMEs) play an important role in promoting China’s economic growth, expanding jobs and increasing national tax revenue. However, due to the small scale of SMEs, low level of credit, lack of collateral, they are often plagued by narrow financing channels, financing difficulties and expensive financing, so a new technology is urgently needed to solve the current financing plight of SMEs. In recent years, block chain technology has attracted wide attention worldwide due to its decentralized and trustfree technical mechanism, and has become another new thing that can be popularized and applied on a global scale after the Internet. In this paper, “block chain” and “finance” are perfectly combined, aiming to use the properties of decentralization, immutability and traceability of block chain technology to improve the credit level of small and medium-sized enterprises and expand their financing channels. It is expected to effectively solve the financing difficulties of small and medium-sized enterprises, promote the sustainable and healthy development of small and medium-sized enterprises, and make greater contributions to the national economic growth.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
4 August 2021
ISBN
10.2991/aebmr.k.210803.014
ISSN
2352-5428
DOI
10.2991/aebmr.k.210803.014How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yuyan Zhou
AU  - Yana Zhou
PY  - 2021
DA  - 2021/08/04
TI  - Research on SMEs’ Financing Against the Background of Internet Finance — Based on Block Chain Technology
BT  - Proceedings of the  1st International Symposium on Innovative Management and Economics (ISIME 2021)
PB  - Atlantis Press
SP  - 91
EP  - 95
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210803.014
DO  - 10.2991/aebmr.k.210803.014
ID  - Zhou2021
ER  -