Leveraging Blockchain and Smart Contract Technologies to Overcome Circular Economy Implementation Challenges
نویسندگان
چکیده
Adopting a circular economy (CE) has rapidly emerged among policymakers and business community stakeholders to promote material circularization ensure sustainable development. While the inclination for paradigm shift away from linear is evident, many challenges have been quoted in literature regarding its implementation. Lately, it become common propose Information Communication Technologies (ICT)-based approaches address these challenges. However, they do not question practicality of solutions context CE. This paper aims find an appropriate digital solution CE implementation, which possible without complete understanding existing A thorough review broadly classified under five barrier categories: Technological, Financial, Infrastructural, Institutional, Societal, was followed up with investigation into failure ICT Among various technologies, blockchain smart contract technologies show some promise as data-driven decision-making tools; however, are their limitations when applied perspective explores role technology-scape overcoming presents (CEB) architecture The findings suggest that CEB may enable models improve trust transparency supply-chain networks, shared performance platforms, stakeholder participation, governance management organizations. Ultimately, this study highlights critical areas research development blockchainification
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ژورنال
عنوان ژورنال: Sustainability
سال: 2022
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su14159492