The objective of this study is to explore the blockchain-enabled value creation process in supply chain finance (SCF). We analyze the roles of participants (who?), motives (why?), resources (what?), and practices (how?) through the lens of service-dominant logic and social exchange theory. We conducted an exploratory case study of a blockchain-based platform that offers SCF solutions for supply chain partners and interpreted the results through a series of qualitative analyses. The results prove that the blockchain-driven SCF solution provides services to its customers by applying key resources and conducting corresponding practices, which create value for the participants through meeting their motives.

本研究的目的是探索供应链金融 (SCF) 中基于区块链的价值创造过程。我们通过服务主导逻辑和社会交换理论的视角分析参与者（谁？）、动机（为什么？）、资源（什么？）和实践（如何？）的角色。我们对基于区块链的平台进行了探索性案例研究，该平台为供应链合作伙伴提供 SCF 解决方案，并通过一系列定性分析解释结果。结果证明，区块链驱动的供应链金融解决方案通过应用关键资源并进行相应的实践为客户提供服务，通过满足参与者的动机为参与者创造价值。