Caixin: 3 trillion yuan accounts receivable electronic voucher rectification, exploring the "decentralization" of technologies such as blockchain still needs breakthroughs

According to Caixin, the China Internet Finance Association disclosed that as of November 30, 2025, a total of 217 supply chain information service institutions have registered basic information with the association. From the banking sector, it is learned that the outstanding scale of accounts receivable certificates issued by relevant institutions is close to 3 trillion yuan. For banks and other financial institutions, how to explore "de-core" financing remains to be breakthrough.

"De-core" refers to financial institutions reducing their excessive reliance on the credit of core enterprises, using digital technologies such as big data and blockchain, and taking real data such as transaction records, orders, logistics, and cash flows of enterprises as the basis for credit assessment, to provide financing services for small and medium-sized enterprises in the chain.