Blockchain is a promising, unique technology that enables decentralized, secure, and tamper-proof transactions. Blockchain technology is rapidly growing and being applied across various fields. Supply chain finance is an emerging financing model that optimizes financial flows between enterprises, as banks connect upstream and downstream entities. Traditional supply chain finance faces numerous challenges, such as double financing fraud and information asymmetry. Blockchain technology enhances the performance of conventional supply chain finance by improving the transparency and security of all financial transactions, thus elevating the quality of supply chain information. This improvement can lead to better overall supply chain performance and sustainability. Scholars have not thoroughly investigated the unique role of Blockchain technology in sustainable supply chain finance practices. This paper examines the effect of Blockchain-based supply chain finance systems on sustainable supply chain performance. The conceptual framework was developed based on the Resource-Based View theory (RBV) to underpin the role of Blockchain technology application in the supply chain finance to improve the supply chain performance. In addition, this paper investigates how Blockchain technology's trust and security features can enhance traditional supply chain finance practices, address challenges, and improve capital flow, ultimately contributing positively to overall supply chain performance. Finally, it emphasizes that the area of research on blockchain-based supply chain finance has potential for exploration.
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