Construction and Evolutionary Analysis of a Game Model for Supply Chain Finance Funding Based on Blockchain Technology

The current rapid development of supply chain financing greatly alleviates the "financial constraints" for local enterprises, and the suppliers and distributors in industrial chain link up the credit facilities effectively through the credit of anchor corporation. By collecting the necessary information in the core of supply chain, supply chain financing effectively solves the resource distribution problem and promotes all the subjects to make reasonable decision. Nevertheless, the advancement of supply chain financing still encounters some enduring issues, such as information flow asymmetry and imperfect credit distribution mechanism, which limit the ability of sustained growth of supply chain financing. This article discusses the operational framework of supply chain finance grounded in blockchain technology, defines the specific types of participating entities and analyzes their business relationships. Upon the basis of evolutionary game theory, the evolutionary financing game model of supply chain finance grounded in blockchain technology is constructed and the equilibrium states and stability characteristics of the model are performed with comparative analysis. The evolutionary equilibrium strategies choices of enterprise and financing entity in this framework are studied, and the influence of blockchain technology on the sufficient conditions of completion of the supply chain finance transaction is explored.