Financing the Three-Tier Supply Chain: Advance Payment vs. Blockchain-Enabled Financing Mode

<div>The impact of <svg height="9.14241pt" id="M149" style="vertical-align:-3.1815pt" version="1.1" viewbox="-0.0498162 -5.96091 11.2077 9.14241" width="11.2077pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M393 379C402 394 400 411 393 422C384 437 365 448 348 448C301 448 237 372 186 285H182L193 335C210 408 205 448 178 448C150 448 80 402 29 344L45 321C80 355 114 373 122 373C128 373 130 365 124 330C106 228 76 98 50 -5L57 -12C82 -5 112 3 132 6L172 203C196 256 234 304 254 329C275 355 293 367 306 367C318 367 330 360 342 348C347 343 355 343 365 350S386 367 393 379Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,4.901,3.132)"><path d="M615 650H141L132 618C223 612 227 607 212 526L136 123C122 42 112 38 27 32L18 0H522C539 33 580 135 592 166L558 179C536 139 512 100 486 75C454 48 420 41 345 41C287 41 252 42 237 55C221 68 220 100 231 158L261 316H357C455 316 455 309 455 235H489L529 437H494C468 366 460 360 369 360H269L305 565C315 609 316 611 357 611H450C525 611 535 599 548 578C559 556 561 526 560 482L595 486L615 650Z"></path></g></svg> on decision variables and supply chain profits.</div>

Discrete Dynamics in Nature and Society

tab5

Table 5

Table 5: Financing the Three-Tier Supply Chain: Advance Payment vs. Blockchain-Enabled Financing Mode 