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Chinese Journal of Management Science ›› 2025, Vol. 33 ›› Issue (10): 293-303.doi: 10.16381/j.cnki.issn1003-207x.2023.0111

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A Study on the Impact of Blockchain Technology on the Cooperative Strategy of Low Carbon Supply Chain

Jiayi Sun(), Yangyang Lu, Chunxian Teng   

  1. School of Economics and Management,Harbin University of Science and Technology,Harbin 150080,China
  • Received:2023-01-19 Revised:2023-08-27 Online:2025-10-25 Published:2025-10-24
  • Contact: Jiayi Sun E-mail:sjy_sjx@163.com

Abstract:

Being the world’s largest carbon emitter, the rapid socio-economic development in China has resulted in the emergence of a prominent carbon emission problem. Addressing this issue, the underscored point is the necessity of enterprises’ involvement in carbon emission reduction behaviors. Collaborative carbon reduction is considered an indispensable approach for mitigating carbon emissions throughout supply chains. Enterprises undertake carbon reduction activities through this pivotal method. Nevertheless, the establishment of complete mutual trust between suppliers and manufacturers is confronted with challenges, which are accompanied by heightened cooperation costs and a market permeated with deceptive marketing practices. As a result, the identification of low-carbon products becomes a complex endeavor for consumers. A pathway to resolution is discovered through the utilization of blockchain technology, which adeptly tackles challenges pertaining to information exchange and sharing among multiple entities. The above challenges will be addressed through the enhancement of transaction trust and the introduction of innovative solutions. The evaluation of the extent and implications of blockchain technology in the cooperative emission reduction strategy is emphasized within the context of a low-carbon supply chain. The formulation of optimal strategies for the adoption of blockchain technology and the execution of emission reduction collaborations in such supply chains is being pursued. Additionally, an analysis is conducted to assess the influence of consumer preferences for low-carbon products, blockchain trust parameters, and cost factors on decision-making processes regarding emission reduction and pricing strategies within the supply chain system. Cooperation in carbon reduction and the adoption of blockchain technology are subject to the discretion of suppliers and manufacturers, influenced by their unique circumstances. Four distinct models are developed for making decisions within low-carbon supply chains. These models encompass individual decisions about emission reduction rates without utilizing blockchain technology, collective decisions about emission reduction rates without utilizing blockchain technology, individual decisions about emission reduction rates while incorporating blockchain technology, and collective decisions about emission reduction rates with the integration of blockchain technology. The resolution is attained through the application of the Stackelberg game model, where in the role of the dominant player is assumed by the supplier, while the manufacturer functions as the follower. With the integration of blockchain technology into the supply chain, a state of information symmetry is established between enterprises and consumers. This empowers consumers with in-depth insights into the attributes of low-carbon products, consequently nurturing an unwavering trust in such products. It is underscored that irrespective of blockchain adoption, collaborative carbon reduction remains an effective avenue for enhancing carbon reduction rates for both suppliers and manufacturers. However, the impact of such collaboration on profits is not universally favorable, necessitating prudent decision-making aligned with individual value objectives. Importantly, the introduction of blockchain technology notably amplifies the factor of green trust. This factor directly correlates with the enhancement of carbon reduction rates and profit margins. When blockchain technology is adopted by suppliers and manufacturers with an impact coefficient of period costs lower than a certain threshold, a higher reduction rate will be achieved compared to not adopting blockchain technology. However, when the costs associated with blockchain technology surpass the threshold, its utilization directly influences the profit margins of suppliers and manufacturers. This study’s data is derived from the investigation of real-life cases and references to relevant literature, aimed at providing theoretical foundations and decision-making references for the use of blockchain technology in low-carbon supply chains and the selection of emission reduction cooperation strategies.

Key words: low carbon supply chain, blockchain, collaborative emissions reduction, green trust, period costs

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