G simply because it is actually rated as riskier. Monetary institutions such as banks commonly turn into third parties who deliver funds by buying receivables from suppliers. On the other hand, inside the method of financing receivables, the financier have to evaluate the creditworthiness of suppliers and buyers to figure out the cost and size of the financing. blockchain technology that delivers transparency and validity of trustworthy information can help speed up the approach. From Table three, it seems that the process of financing receivables is definitely the financing that has most adopted blockchain technology, namely, 21 from the 30 blockchain-based projects in SCF. An example of blockchain-based receivables financing is Komgo (C14). Komgo (C14) is really a platform whose major aim should be to digitize and strengthen trading processes supported by commodity finance. The initial shareholders from the Komgo (C14) project included main providers in trade and finance, namely, Citi, Rabobank, MUFG Bank, ABN Amro, BNP Paribas, Cr it Agricole, Gunvor, ING, Koch, Macquarie, Mercuria, Natixis, Shell, SGS and Soci G ale. Komgo (C14) is anticipated to be in a position to utilize blockchain technology to simplify the agreement method and accelerate the commodity trading approach to ensure that investors can take advantage of trading transactions with clients or other parties. Komgo (C14) launched a smart contract with the format L/C to include an automatch function so as to accelerate the issuance of L/C. This facility will help receivable financing, which can be receivables discounting option integrated with insurance. This course of action is attainable applying blockchain technology because all parties can monitor the progress of operations in true time, very easily verified information, keep away from fraud and shorten the cash cycle.J. Theor. Appl. Electron. Commer. Res. 2021,Blockchain technology for financing recevables has also penetrated SMEs, which include the Hyperchain (C12) platform in China (in Tables 1 and 3). Hyperchain (C12) focuses on providing financing options for little and micro organizations in the supply chain. Hyperchain (C12) creates a multi-level technique that relies around the transfer of trust from the major corporation, around the key YTX-465 Stearoyl-CoA Desaturase (SCD) company, the corporation inside the supply chain from upstream to downstream. Then, Hyperchain (C12) works with banks, confirmation agencies and other service providers involved inside the ecosystem to create an ecological closed loop from the market for supply chain Shogaol Epigenetics finance and lessen the price of funding for SMEs. The blockchain network program was constructed together with the concept of sharing data safety, visualization of provide chain finance and SME financing by relying on credit transmission from important providers. Hyperchain (C12) developed a provide chain service platform, “Moom”, which provides data solutions for accounts receivable entities and makes use of the normal digital asset certificate, “Golden Ticket”. This technique can understand the on the internet circulation of financing and also the separation of accounts that have the advantage of low expense and high traceability. Hyperchain (C12) also designed the “Ximei” factoring provide chain platform committed to making a broader industrial supply chain ecosystem, efficiently linking commercial credit and economic institutions. In addition, Hyperchain (C12) made a receivables chain platform in collaboration with Zhejiang Industrial Bank and Qulian Technology. This platform helps modest companies to problem, get, confirm, spend, transfer, and guarantee cash receivables online by means of mobile phone. Hyperchain (.