Financial Service Based on Data Federation: An Application in Tobacco Supply Chain

Abstract

We carry out governing research on the structure of the supply chain financing based on data federation, taking tobacco supply chain as an example so as to achieve the goal of establishing real-time, transparent and traceable supply chain financing. Methods:Based on the requirements of data federation, we use horizontal federation, vertical federation and transferfederation to build digital federation model,it is to realize the integrated credibility and risk control of supply chain financing. Results: Through data federation modeling, the data in the tobacco supply chain is linked. With complete data, financial institutions can remove invalid customers in the preliminary review process and effectively control the cost of credit review. Conclusion: The construction of supply chain financingtrust mechanism under data federation can optimize the lending data flow of theenterprises.