Application and Risk Analysis of Blockchain Technology in Supply Chain Finance: A Case Study of New Energy Vehicle Companies

With the gradual development of the new energy vehicle (NEV) industry, the market share and scale of enterprises continue to expand. However, supply chain and finance management have become more difficult as a result of the intricate industrial chain structure. While supply chain finance can provide financing support, the accuracy and timeliness of information transmission are difficult to guarantee. Because of its distinct security qualities, blockchain technology is becoming more and more popular in the financial industry as a significant information technology. This paper focuses on the application of blockchain technology in the supply chain finance of the new energy vehicle industry. It explores how integrating blockchain technology can improve the efficiency and reliability of supply chain finance to address information transmission issues in the NEV industry and promote the stable development of the industrial chain. The study finds that blockchain technology, with its unique security and information technology attributes, is highly compatible with the trend of intelligence and informatization in the NEV industry. By introducing blockchain technology, secure, convenient, and timely sharing of information between enterprises can be achieved, effectively integrating supply chain finance, improving its operational efficiency and reliability, and bringing numerous benefits to enterprises in the industrial chain, thus assisting the sustainable development of the NEV industry.