Research on Factors Affecting SMEs’ Credit Risk Based on Blockchain-Driven Supply Chain Finance

The development of blockchain-driven supply chain finance aimed to solve the financing problems SMEs. However, credit risk is expanded, and even transmitted whole chain, due their connection, so that it becomes more difficult effectively identify purpose this paper was examine factors affecting SMEs’ in mode block-chain-driven finance. This research proposed an entropy weight method construct independent variables used logistic regression whether enterprises, core assets position under financing, blockchain platform, operation have significant impacts on risk. panel data, originating from CSMAR fifty-six quoted SMEs, included eight enterprises twenty-six between 2016 2020. results showed asset fi-nance, when confidence level 90%. financial status can reflect Core give guarantees business transactions SMEs affect through financing. Meanwhile, platforms problem information asymmetry par-ticipating operations. At same time, also important factor conclusion provides a reference for ap-plication blockchains chains, reduce selected indicators were comprehensive, which provided strong basis subsequent construc-tion assessment model using key factors.