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2018 | OriginalPaper | Buchkapitel

5. Concept—Where Are the Opportunities of Blockchain-Driven Supply Chain Finance?

verfasst von : Erik Hofmann, Urs Magnus Strewe, Nicola Bosia

Erschienen in: Supply Chain Finance and Blockchain Technology

Verlag: Springer International Publishing

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Abstract

High level of standardisation and transparency could be a strong enabler for SCF programmes. Blockchain-driven documentary trade processing could become the catalyst to establish a fully straight-through process (STP), supporting the programme setup until the key day-to-day operations. The benefits of an application of BCT range from cost-effective securities settlement, which makes the investment in payables asset class more attractive, to cost-effective onboarding processes through shared trusted KYC registry. Other benefits could arise from a faster invoice approval, clear title of ownership and invoice validity, as well as from faster and cheaper payment systems.

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Nächstes Kapitel Discussion—How Does the Full Potential of Blockchain Technology in Supply Chain Finance Look Like?

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Titel: Concept—Where Are the Opportunities of Blockchain-Driven Supply Chain Finance?
verfasst von: Erik Hofmann
Urs Magnus Strewe
Nicola Bosia
Verlag: Springer International Publishing
Buch: Supply Chain Finance and Blockchain Technology
Print ISBN: 978-3-319-62370-2

Electronic ISBN: 978-3-319-62371-9

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-62371-9_5