Looking at the history of the development of supply chain finance, we can find that the information plays a more and more important role of the operation of supply chain finance, the function of its value creation more and more prominent, and the combination of supply chain finance and real industry getting more and more close. The deep integration of the Internet and supply chain finance has made supply chain finance develop into a huge network platform system with diversified entities closely

more »

... integrated with the real industry. This not only breaks the necessity for the financing enterprises to provide pledges or to have real transactions with the core enterprises, but also increased the efficiency of the use of various resources, including funds, giving birth to a great deal of opportunities for interaction and value creation. The Internet has not only changed the elements and information flow of supply chain finance, but also profoundly changed its network structure and process management. Driven by cost-cutting motivation, supply chain finance, combined with emerging information technologies such as big data and cloud computing, makes the finance more networking, trade more standardizing and trading platform more specialized and vertical. Supply chain finance is a comprehensive financial activity that relies on the entire industry supply chain and targets at the individual participants in the supply chain. . Compared with the traditional "peer-to-peer" credit model for a single enterprise, supply chain finance effectively achieves the "four-in-one" of capital flow, logistics, business flow and information flow in the whole industry supply chain, which has the features of integrity, scalability, security, stability and value-added. In recent years, supply chain finance and the Internet have become more and more closely integrated, so the structure and shape of supply chain finance have undergone tremendous changes. This thesis makes judgment on the development trend of supply chain finance on the basis of discussing the mechanism of Internet influencing supply chain finance. Evolution of Supply Chain Finance The first stage of the development of supply chain finance is called supply chain finance 1.0 stage, during which the commercial bank is the provider of chain financial services. Using the professional advantages in the management of supply chain financial flows, commercial banks provide a portfolio financing service that pays for the sale of goods as a basis for risk control through the binding of the responsibility of the core business with strength and the effective control of the capital flow and logistics in the supply chain to meet the needs of small-and-medium-sized enterprises(SMEs) in the supply chain. The real value of supply chain finance 1.0 lies in that commercial banks no longer require SMEs to use fixed assets for mortgages when lending to them. Instead, they are pledged by liquid assets such as accounts receivable or inventory. However, there must be a real deal between financing enterprises and core enterprises, and the credit should be increased by the core business. Because of not participating in the operation of the supply chain, it is difficult for the commercial banks to fully grasp the logistics and information flow in the supply chain and therefore can not really play the role of an integrated risk manager. With the supply of supply chain financial services