Blockchain-Enabled Utility Optimization for Supply Chain Finance: An Evolutionary Game and Smart Contract Based Approach

• Published in: Mathematics (Basel) Vol. 12; no. 8; p. 1243
• Main Authors: Wang, Shenghua, Zhou, Mengjie, Xiang, Sunan
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 01.04.2024
• Subjects: Accounts receivable; Blockchain; blockchain technology; Collaboration; Consortia; Contracts; Costs; Cryptography; Efficiency; Energy consumption; evolutionary game; Finance; Financial institutions; Financing; Game theory; Information sharing; Loans; Risk management; Small & medium sized enterprises-SME; Small business; smart contract; supply chain finance; Supply chains; Systems stability; China

In recent years, blockchain technology has attracted substantial interest for its capability to transform supply chain management and finance. This paper employs evolutionary game theory to investigate the application of blockchain in mitigating financial risks within supply chains, taking into acco...