Elaborated survey of the Effectiveness and implementation challenges of Crypto currency in Supply Chain Finance
Vibha Suraj Bhusari, Lavish Kansal, Ashima Juyal, Muddasani Rajyalaxmi, Aqeel Ali Al-Hilali, Malik Bader Alazzam · 2023
This paper aims to evaluate the effectiveness of cryptocurrency in supply chain finance. Supply chain finance (SCF) is a method of financing that allows businesses to manage their cash flow and improve their working capital by providing short-term financing to suppliers, distributors, and other partners in their supply chain. Cryptocurrency, on the other hand, is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. The integration of cryptocurrency in SCF has the potential to bring a number of benefits, including increased transparency, security, and efficiency in financial transactions. However, there are also challenges associated with the use of cryptocurrency in SCF, such as regulatory issues, lack of understanding, and volatility. This paper will review the current literature on the use of cryptocurrency in SCF and assess the potential benefits and challenges associated with its implementation. Additionally, it will provide an overview of current projects and initiatives in this area, as well as identify potential future developments. The paper will conclude by summarizing the key findings and discussing the implications for the future of SCF.