Abstract
This study aims to solve the credit problems in the supply chain commodity and currency circulation links from the perspective of the ledger, while the game model method has been adopted. The research firstly reviews the relationship between distributed ledger technology and the essential functions of currency. Then, by constructing two-agent single-period and multi-period game models in the entire supply chain, the researchers analysed the incentive mechanism and equilibrium solution of distributed nodes of Central Bank Digital Currency (CBDC). The results of this study include the incentive mechanism and optimization of distributed nodes based on licensed distributed ledger technology, which is an important issue that CBDC faces when performing currency functions. The implications of this study mainly cover the limitations of the underlying technology of the public chain and its reward mechanism in the supply chain management and provide support for the rationality of the CBDC issuance mechanism based on state-owned commercial banks, which provides a reference for the CBDC practice. The main value of the research not only serves the decision-making department of the CBDC issuance but also provides ideas on the operation mode of digital currency for the field of digital currency research.
Highlights
At present, the global macroenvironment is complex and severe, economic growth has fallen, commodity prices have risen, epidemic trends and economic trends have become complex, and risks and challenges continue
Distributed ledger technology can express rules through algorithm programs to enable participants to trust standard algorithm programs and establish mutual trust in the R & D and application of Central Bank Digital Currency (CBDC) to solve the trust problem of commodity quality management in the supply chain scenario with higher efficiency and lower cost. is study intends to take this as the research goal, build a game model to simulate the incentive selection of distributed nodes in Computational Intelligence and Neuroscience distributed ledger technology, and obtain the optimal trusted manager of commodity quality by analyzing the equilibrium solution, to provide a reference for the application of distributed ledger technology in supply chain management and CBDC practice
Each transaction and payment need to be confirmed based on the absolute majority of the consensus mechanism. It takes a lot of computing power under the distributed ledger technology without a license
Summary
Is study aims to solve the credit problems in the supply chain commodity and currency circulation links from the perspective of the ledger, while the game model method has been adopted. E research firstly reviews the relationship between distributed ledger technology and the essential functions of currency. En, by constructing two-agent single-period and multi-period game models in the entire supply chain, the researchers analysed the incentive mechanism and equilibrium solution of distributed nodes of Central Bank Digital Currency (CBDC). E results of this study include the incentive mechanism and optimization of distributed nodes based on licensed distributed ledger technology, which is an important issue that CBDC faces when performing currency functions.
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