Knowledge Agora



Scientific Article details

Title Blockchain Adoption in Agricultural Supply Chain for Better Sustainability: A Game Theory Perspective
ID_Doc 66616
Authors Song, LA; Luo, YQ; Chang, ZX; Jin, CH; Nicolas, M
Title Blockchain Adoption in Agricultural Supply Chain for Better Sustainability: A Game Theory Perspective
Year 2022
Published Sustainability, 14, 3
DOI 10.3390/su14031470
Abstract Within the context of the rise of the Internet of Things, blockchain, and other new technologies, telecommunications operators are committed to applying technologies to promote business transformation and upgrading. The government also actively applies technologies to traditional fields to promote social progress. In agriculture, the agricultural supply chain has a low information level and low degree of digitization. The application of blockchain technology in agriculture offers exceptional advantages because of its decentralization, openness, and transparency. Based on the application of blockchain in an agricultural scenario, an evolutionary game model made up of governments, telecom operators, and agricultural enterprises was established to analyze the model's equilibrium stability and evolutionary stable strategy. Then, numerical simulation was carried out to study the influence of the initial green level, equipment deployment cost, technology operation cost, and other core factors on the tripartite evolution behaviour. The results show that each factor influences the behaviour of a third party in different ways. Finally, according to the simulation results, this paper puts forward practical suggestions, explores the long-term impact of the application cost and sustainable income of blockchain technology on cooperation, and provides new ideas for the governance of China's traditional fields from the perspective of new technology application.
Author Keywords blockchain; agriculture; application of new technology; evolutionary game
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000756305600001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/14/3/1470/pdf?version=1643283733
Similar atricles
Scroll