Blockchain-driven supply chain finance: Towards a conceptual framework from a buyer perspective

The main objective of this article is to develop a conceptual framework for blockchain-driven supply chain finance (SCF) solutions. The frame of reference intends to foster the coordination in buyer-supplier relations and eliminates existing inefficiencies in the execution of discrete SCF-instruments, such as reverse factoring and dynamic discounting. Moreover, we introduce value drivers for blockchain technology (BCT) to elaborate unique characteristics for its application in the field of SCF. While BCT is considered as one of the most disruptive enablers in financial technology (FinTech), it received only little attention within the emerging field of SCF. Therefore, the results contribute to future developments of appropriate SCF-solutions based on the newest technology innovations.