The invention discloses a
blockchain-based supply chain financial anti-counterfeiting
traceability method. The method utilizes the advantages of
blockchain decentralization, no need for a third-partytrust
system,
multiple encryption algorithms and the like, the method is achieved through smart contracts in supply chain finance, and the defect of a traditional anti-counterfeiting
traceability method can be better solved. By using the characteristic that a
blockchain cannot be distorted, all of the content of the contracts including the state of goods can be clearly found, and the defects thatthe traditional anti-counterfeiting
traceability method needs to be transferred by a paper
certificate, a third-party guarantee or certification institution is needed, the fundraising difficulty of small and medium size enterprises is large,
cheating and fraud might exist and the like are solved. Contractual agreement, logistics supervision and
financial evaluation between buyers and sellers are achieved through the smart contracts, paper contracts are not needed because all of the contracts are finished in a
system, complicated procedures are reduced, and the process is accelerated.