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In the process of the traditional TSCF business model, the information flows, logistics, capital flows, etc. of core enterprises and upstream and downstream enterprises are not interconnected. For example, false warehouse receipts and invoice falsifications often occur; Small and medium-sized enterprises (SMEs) are small in scale and lack entity credit; financial institutions have no control over the capital usage and repayment of enterprises, leading to difficulties in enterprise financing, financial institution risk control, and government regulation. Based on blockchain technology, TSCF puts key data of each link on the chain. The credit of core enterprises can reach more levels of suppliers, effectively mobilizing and transmitting accounts receivable at all levels of the industrial chain; assets can be arbitrarily split and transferred. This mode is equivalent to making the credit in the entire commercial system conductive and traceable, providing financing opportunities for a large number of SMEs that were previously unable to obtain financing, greatly improving the liquidity shortage and triangular debt predicament of the real economy, and significantly reducing the capital cost of SMEs.

In the process of traditional evidence storage, electronic contract invoice and user information record preservation, there are risks of slow issuance of certificates, long processes and invoice forgery, which lead to relatively high costs of rights protection. Trustworthy evidence storage provides features such as real-name authentication, Certificate Authority (CA) certification and trustworthy evidence storage of electronic contracts. It links identities, information, assets and behaviors to the chain, making the evidence storage tamper-proof, easy to be shared by all parties, and supporting various formats of evidence storage. It provides one-stop services for evidence storage, verification and collection. Through blockchain technology, it realizes full-process traceability, full-link credibility and full-node witnessing, comprehensively empowering judiciary-related businesses such as audit, notarization and arbitration, enhancing the quality of evidence storage and output, further improving the identification efficiency of electronic evidence, efficiently resolving corporate disputes, reducing corporate risk control costs, creating a trustworthy business environment, which is of great positive significance and important value for improving the quality and efficiency of judicial cases and promoting judicial work. It can effectively help customers solve problems such as long business processes, numerous documents, information forgery and easy tampering in notarization and information record.

Traditional electronic bill information is vulnerable to tampering, often leading to difficulties in ensuring the authenticity and uniqueness of electronic bills due to issues such as false invoicing and reporting, repeated reimbursement, and information asymmetry between the invoicing and receiving parties. Based on blockchain technology, during the generation, storage, and circulation of electronic bills, rights confirmation and authentication are carried out and records are stored on the chain, achieving full-process, full-path, and full-lifecycle data sharing. This effectively prevents false invoicing, false credit, and repeated reimbursement, and realizes traceability and monitorability. The blockchain electronic bill mode achieves comprehensive electronization and on-chain of bills, ensuring the authenticity and uniqueness of bill information, greatly improving reimbursement efficiency, and reducing social costs.

Traditional supply chain traceability management has many unresolved difficulties. It mainly relies on centralized platforms of enterprises or third parties, resulting in severe isolation of product traceability information and incomplete traceability data. Moreover, upstream and downstream enterprises have concerns about data security management. It is difficult to trace the entire process and supervision is challenging. Tencent Cloud TBaaS proposes a blockchain solution for product anti-counterfeiting and traceability based on the Internet of Things, anti-counterfeiting tags, and logistics tracking, targeting the mixed raw material supply in the supply chain and various counterfeit goods in sales channels. By perfectly combining blockchain technology with Tencent Cloud IoT, big data, QR code/NFC chips, massive storage and other products, it provides customers with one-stop product anti-counterfeiting and traceability capabilities.