Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective

Guarantee the initial information of the agri-food supply chain (AFSC) authenticity based on the blockchain is a complex problem. This paper develops an evolutionary game model of AFSC participants based on the blockchain and discusses the impacts of the key parameters on the dynamic evolution proce...

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Main Authors: Weixia Yang, Congli Xie, Lindong Ma
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2023-01-01
Series:PLoS ONE
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10310013/?tool=EBI
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author Weixia Yang
Congli Xie
Lindong Ma
author_facet Weixia Yang
Congli Xie
Lindong Ma
author_sort Weixia Yang
collection DOAJ
description Guarantee the initial information of the agri-food supply chain (AFSC) authenticity based on the blockchain is a complex problem. This paper develops an evolutionary game model of AFSC participants based on the blockchain and discusses the impacts of the key parameters on the dynamic evolution process of participants. To verify the theoretical results, simulation experiments and sensitivity analysis were conducted through Matlab 2022b. The study results show that: (1) Guaranteeing the initial information authenticity could become the common belief of all AFSC participants, with the scientific design of parameters; (2) Higher reward and synergistic effect, lower information cost and risk contribute to improving the probability of initial true information sharing. (3) when the default penalty is too severe, the enterprise will evolve into not sharing the initial true information. Finally, this study could provide some suggestions and countermeasures for the leading enterprise in the agricultural supply chain and local governments to guarantee initial information authenticity in China. That is the way to realize the sustainability of AFSC in the long run.
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spelling doaj.art-bb5b193379a346e1be0c65498272423a2023-07-04T05:32:53ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01186Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspectiveWeixia YangCongli XieLindong MaGuarantee the initial information of the agri-food supply chain (AFSC) authenticity based on the blockchain is a complex problem. This paper develops an evolutionary game model of AFSC participants based on the blockchain and discusses the impacts of the key parameters on the dynamic evolution process of participants. To verify the theoretical results, simulation experiments and sensitivity analysis were conducted through Matlab 2022b. The study results show that: (1) Guaranteeing the initial information authenticity could become the common belief of all AFSC participants, with the scientific design of parameters; (2) Higher reward and synergistic effect, lower information cost and risk contribute to improving the probability of initial true information sharing. (3) when the default penalty is too severe, the enterprise will evolve into not sharing the initial true information. Finally, this study could provide some suggestions and countermeasures for the leading enterprise in the agricultural supply chain and local governments to guarantee initial information authenticity in China. That is the way to realize the sustainability of AFSC in the long run.https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10310013/?tool=EBI
spellingShingle Weixia Yang
Congli Xie
Lindong Ma
Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
PLoS ONE
title Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
title_full Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
title_fullStr Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
title_full_unstemmed Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
title_short Dose blockchain-based agri-food supply chain guarantee the initial information authenticity? An evolutionary game perspective
title_sort dose blockchain based agri food supply chain guarantee the initial information authenticity an evolutionary game perspective
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10310013/?tool=EBI
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AT conglixie doseblockchainbasedagrifoodsupplychainguaranteetheinitialinformationauthenticityanevolutionarygameperspective
AT lindongma doseblockchainbasedagrifoodsupplychainguaranteetheinitialinformationauthenticityanevolutionarygameperspective