Caixin: The rectification of electronic vouchers for 3 trillion yuan in accounts receivable still requires breakthroughs in exploring technologies such as blockchain for "de-core" processing.

According to a report by Caixin.com, the National Internet Finance Association of China disclosed that as of November 30, 2025, 217 supply chain information service institutions had registered their basic information with the association. Sources from the banking industry indicate that the outstanding amount of accounts receivable vouchers issued by these institutions is close to 3 trillion yuan. For banks and other financial institutions, exploring "de-core" financing remains a challenge. "De-core" financing refers to financial institutions moving away from excessive reliance on the credit of core enterprises and using digital technologies such as big data and blockchain to provide financing services to SMEs on the supply chain based on real data such as transaction records, orders, logistics, and cash flow.