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

ABSTRACT

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.