Blockchain-driven Supply Chain Logistics FinancingStrategies Considering Risk and Fairness

Blockchain-driven Supply Chain Logistics FinancingStrategies Considering Risk and Fairness | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Article Blockchain-driven Supply Chain Logistics FinancingStrategies Considering Risk and Fairness Lei Yang, Qiaoming Hou This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-6380395/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract Suppliers in the E-commerce supply chain face funding gaps, Logistics Financing can alleviate capital constraints.When choosing financing strategies, suppliers exhibit risk aversion and fairness preference. Blockchain can optimizelogistics financing strategies. Targeting the suppliers’ capital issue, combining the two supply chain operationmethods of Direct Selling and Consignment, innovatively considering the enterprises’ risk aversion and fairnesspreference in financing decisions, the Stackelberg game is used to construct three types of logistics financingdecision models. Based on the new perspective of trust, the optimal logistics financing strategy under blockchain isstudied. The study shows that the suppliers’ financing profits will decrease with the increase in the risk aversion.When the risk aversion is within a threshold, inventory pledge financing under consignment should be chosen.Fairness preference will increase the suppliers’ financing profits. When the fairness preference exceeds a threshold,factoring financing under Direct Selling is the optimal financing model. After introducing blockchain, the supplierchoosing inventory pledge financing under the consignment can obtain more financing profits. Trust can increase thesuppliers’ financing profits, and the effect is best by factoring financing in Direct Selling. This study aims to providedecision references for managers in financing model selection and operational decision-making. Biological sciences/Psychology Physical sciences/Mathematics and computing Blockchain Risk Aversion Fairness Preference Logistics Financing Financing Strategy Full Text Additional Declarations No competing interests reported. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. Also discoverable on Platform About Our Team In Review Editorial Policies Advisory Board Help Center Resources Author Services Accessibility API Access RSS feed Manage Cookie Preferences © Research Square 2026 | ISSN 2693-5015 (online) Privacy Policy Terms of Service Do Not Sell My Personal Information {"props":{"pageProps":{"initialData":{"identity":"rs-6380395","acceptedTermsAndConditions":true,"allowDirectSubmit":true,"archivedVersions":[],"articleType":"Article","associatedPublications":[],"authors":[{"id":503140712,"identity":"a5a88bff-9969-4977-801f-3e749ab191e7","order_by":0,"name":"Lei Yang","email":"","orcid":"","institution":"Shenyang University of Technology","correspondingAuthor":false,"prefix":"","firstName":"Lei","middleName":"","lastName":"Yang","suffix":""},{"id":503140713,"identity":"818104ae-90a1-4b02-8d27-b7b70cf21a09","order_by":1,"name":"Qiaoming Hou","email":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAZAAAAAyAQMAAABI0h/eAAAABlBMVEX///8AAABVwtN+AAAACXBIWXMAAA7EAAAOxAGVKw4bAAAA40lEQVRIiWNgGAWjYBACAxCRAMRsDAyMDyBiCcRrYTaA8InRAgVsEkRpMWfvMbzxoMYmmk+6/Vrlz7Y/DPzsOQYMP3fg1mLZc8bYIuFYWm6bzJmy27xtBgySPW8MGHvP4HHYjRwziQS2w7ltEjlptxmBWoAiBsyMbYS0/INoKfwJ1GJPlJbENpCW9GMMIIcZSBDScuZYsUViXxrIFmZpnnPGPBJnnhUc7MWn5Xjzxps/vtnkzp+R/vDjjzI5Of725I0PfuLRAgISEIoHHEc8IOIAfg1wLewPCCkcBaNgFIyCEQoAc0hPGU3IDFcAAAAASUVORK5CYII=","orcid":"","institution":"Shenyang University of Technology","correspondingAuthor":true,"prefix":"","firstName":"Qiaoming","middleName":"","lastName":"Hou","suffix":""}],"badges":[],"createdAt":"2025-04-05 07:08:18","currentVersionCode":1,"declarations":"","doi":"10.21203/rs.3.rs-6380395/v1","doiUrl":"https://doi.org/10.21203/rs.3.rs-6380395/v1","draftVersion":[],"editorialEvents":[],"editorialNote":"","failedWorkflow":false,"files":[{"id":93745128,"identity":"2797ba5f-6dbb-4b90-926f-3db9444e2dbf","added_by":"auto","created_at":"2025-10-17 06:24:15","extension":"pdf","order_by":1,"title":"","display":"","copyAsset":false,"role":"manuscript-pdf","size":963088,"visible":true,"origin":"","legend":"","description":"","filename":"latexpaperScientificReports.pdf","url":"https://assets-eu.researchsquare.com/files/rs-6380395/v1_covered_fcd13abd-678c-4932-a81c-2f60a0370181.pdf"}],"financialInterests":"No competing interests reported.","formattedTitle":"Blockchain-driven Supply Chain Logistics FinancingStrategies Considering Risk and Fairness","fulltext":[],"fulltextSource":"","fullText":"","funders":[],"hasAdminPriorityOnWorkflow":false,"hasManuscriptDocX":false,"hasOptedInToPreprint":true,"hasPassedJournalQc":"","hasAnyPriority":false,"hideJournal":true,"highlight":"","institution":"","isAcceptedByJournal":false,"isAuthorSuppliedPdf":true,"isDeskRejected":"","isHiddenFromSearch":false,"isInQc":false,"isInWorkflow":false,"isPdf":true,"isPdfUpToDate":true,"isWithdrawnOrRetracted":false,"journal":{"display":true,"email":"[email protected]","identity":"researchsquare","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":true,"externalIdentity":"","sideBox":"","snPcode":"","submissionUrl":"/submission","title":"Research Square","twitterHandle":"researchsquare","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"","reportingPortfolio":"","inReviewEnabled":false,"inReviewRevisionsEnabled":true},"keywords":"Blockchain, Risk Aversion, Fairness Preference, Logistics Financing, Financing Strategy","lastPublishedDoi":"10.21203/rs.3.rs-6380395/v1","lastPublishedDoiUrl":"https://doi.org/10.21203/rs.3.rs-6380395/v1","license":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/"},"manuscriptAbstract":"Suppliers in the E-commerce supply chain face funding gaps, Logistics Financing can alleviate capital constraints.When choosing financing strategies, suppliers exhibit risk aversion and fairness preference. Blockchain can optimizelogistics financing strategies. Targeting the suppliers’ capital issue, combining the two supply chain operationmethods of Direct Selling and Consignment, innovatively considering the enterprises’ risk aversion and fairnesspreference in financing decisions, the Stackelberg game is used to construct three types of logistics financingdecision models. Based on the new perspective of trust, the optimal logistics financing strategy under blockchain isstudied. The study shows that the suppliers’ financing profits will decrease with the increase in the risk aversion.When the risk aversion is within a threshold, inventory pledge financing under consignment should be chosen.Fairness preference will increase the suppliers’ financing profits. When the fairness preference exceeds a threshold,factoring financing under Direct Selling is the optimal financing model. After introducing blockchain, the supplierchoosing inventory pledge financing under the consignment can obtain more financing profits. Trust can increase thesuppliers’ financing profits, and the effect is best by factoring financing in Direct Selling. This study aims to providedecision references for managers in financing model selection and operational decision-making.","manuscriptTitle":"Blockchain-driven Supply Chain Logistics FinancingStrategies Considering Risk and Fairness","msid":"","msnumber":"","nonDraftVersions":[{"code":1,"date":"2025-08-22 05:35:21","doi":"10.21203/rs.3.rs-6380395/v1","editorialEvents":[{"type":"communityComments","content":0}],"status":"published","journal":{"display":true,"email":"[email protected]","identity":"researchsquare","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":true,"externalIdentity":"","sideBox":"","snPcode":"","submissionUrl":"/submission","title":"Research Square","twitterHandle":"researchsquare","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"","reportingPortfolio":"","inReviewEnabled":false,"inReviewRevisionsEnabled":true}}],"origin":"","ownerIdentity":"7a7ea179-5d5f-4d35-9e9e-0ae98e34ac66","owner":[],"postedDate":"August 22nd, 2025","published":true,"recentEditorialEvents":[],"rejectedJournal":[],"revision":"","amendment":"","status":"posted","subjectAreas":[{"id":53450706,"name":"Biological sciences/Psychology"},{"id":53450707,"name":"Physical sciences/Mathematics and computing"}],"tags":[],"updatedAt":"2025-10-17T06:23:35+00:00","versionOfRecord":[],"versionCreatedAt":"2025-08-22 05:35:21","video":"","vorDoi":"","vorDoiUrl":"","workflowStages":[]},"version":"v1","identity":"rs-6380395","journalConfig":"researchsquare"},"__N_SSP":true},"page":"/article/[identity]/[[...version]]","query":{"redirect":"/article/rs-6380395","identity":"rs-6380395","version":["v1"]},"buildId":"8U1c8b4HqxoKbykW_rLl7","isFallback":false,"isExperimentalCompile":false,"dynamicIds":[84888],"gssp":true,"scriptLoader":[]}