Blockchain Technology and Analysis of Supply Chain Application Scenario

Blockchain provides a feasible technical route to build a trusted society. In the absence of a trusted environment, without the participation of trusted third parties (institutions), two or more parties that do not trust or even know one another can still deal with and complete the related transactions with the help of the blockchain technology. By creating a new form of value delivery, it not only changes the traditional trading mode and financial system, but also the original mode of public service and social governance, which protect personal privacy and data security to the utmost. This paper illustrates and analyzes what is the block chain, its core technology, the supply chain application scenarios as well as the far-reaching and profound changes brought about by blockchain, so as to offer some valuable theoretical and empirical references to further research and its large-scale implementation and application.