Integrating Blockchain Technology Into The Circular Economy
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Integrating Blockchain Technology Into the Circular Economy
Author: Khan, Syed Abdul Rehman
language: en
Publisher: IGI Global
Release Date: 2022-03-11
In recent decades, the industrial revolution has increased economic growth despite its immersion in global environmental issues such as climate change. Researchers emphasize the adoption of circular economy practices in global supply chains and businesses for better socio-environmental sustainability without compromising economic growth. Integrating blockchain technology into business practices could promote the circular economy as well as global environmental sustainability. Integrating Blockchain Technology Into the Circular Economy discusses the technological advancements in circular economy practices, which provide better results for both economic growth and environmental sustainability. It provides relevant theoretical frameworks and the latest empirical research findings in the applications of blockchain technology. Covering topics such as big data analytics, financial market infrastructure, and sustainable performance, this book is an essential resource for managers, operations managers, executives, manufacturers, environmentalists, researchers, industry practitioners, students and educators of higher education, and academicians.
Blockchain Technologies for Sustainability
Author: Subramanian Senthilkannan Muthu
language: en
Publisher: Springer Nature
Release Date: 2021-10-24
This book highlights the applications of blockchain technologies to foster sustainable development in different fields. The concept of Sustainability has grown widespread in today’s context and there are many requirements to achieve Sustainability in any industrial sector including mapping, tracing the supply chain to ensure sustainable supply chain management. Reliable and transparent, efficient data is one of the key requirements for Sustainability in today’s advanced industrial context. Achievement of Sustainability objectives in this advanced era demands various technological advancements such as Blockchain technologies. The core competencies of blockchain technology namely transparency, data auditability, privacy, value transfer, and process efficiency and automation are very much essential for achieving the multifold objectives under sustainability.
Blockchain Technologies for Smart Circular Economy and Organisational Sustainability
This book provides a descriptive overview of blockchain technology domain, we observe a transformative influence that has surpassed its initial application in Bitcoin and has permeated nearly all industries. The utilisation of distributed ledger technology presents a significant transformation in the realm of data management, trust, and transparency. Its impact extends beyond financial transactions and encompasses other domains like supply chain optimization, identity verification, and the development of decentralized apps. The process of transformation has been initiated in various industries, including finance, healthcare, and logistics. In contrast, there is a notable increase in the adoption of the smart circular economy frameworks as a response to the heightened acknowledgment of the environmental and resource-related obstacles linked to the traditional linear paradigm of "extract, produce, discard." The primary objective of the circular economy is to limit the generation of waste, advance sustainable product design, and promote responsible resource utilization through the facilitation of recycling, remanufacturing, and the prolongation of product lifespans. This movement holds significance for various industries, including manufacturing, waste management, and sustainable consumerism, due to its wide-ranging ramifications. Its unique characteristic is its capacity to connect these two realms, emphasizing the potential of blockchain technology in facilitating transparent data management and smart contracts to advance the concepts of the circular economy. The book offers a thorough examination of the topic, offering readers a grasp of the fundamental principles of blockchain as well as the dynamic field of sustainability. This renders it an indispensable reference for individuals interested in the interdisciplinary ramifications of technology on sustainability, and the transformative possibilities of blockchain within the realm of resource-efficient and environmentally conscious approaches. The book exemplifies a progressive perspective by demonstrating the significant role that inventive technology can assume in tackling the urgent issues of our era, revolutionising sectors, and influencing the trajectory of a more circular and environmentally conscious global society.