Blockchain-Driven Tripartite Game Analysis of Agricultural Supply Chain Finance Strategy

In this study, we investigated the strategic implications of adopting blockchain technology in agricultural supply chain finance. Using an evolutionary game model, we examined the strategic behaviors of three participants: agricultural financial institutions, cooperatives, and core enterprises. The findings indicate that a decrease in platform fees enhances the probability of agricultural financial institutions adopting the technology. Default penalties and collusive gains influence the strategies of cooperatives and core enterprises. Blockchain technology aids the monitoring and documentation of activities, while also enforcing penalties for non-compliance and encouraging adherence to contractual obligations. This advancement contributes to the promotion of sustainable development in the agricultural industry.