A Smart Contract Architecture Framework for Successful Industrial Symbiosis Applications Using Blockchain Technology

Abstract

Industrial Symbiosis (IS) involves a network of organizations that exchange energy, materials, and by-products to lower production costs, reduce environmental impact, and conserve natural resources. Despite over two decades of extensive research into IS, its benefits are well known, but implementation remains challenging. This paper proposes utilizing blockchain technology (BCT) to digitize IS, making it more secure and transparent. First, drivers and barriers of BCT implementation in IS are identified. A smart contract architecture framework using Hyperledger Fabric is then proposed using the constructed theoretical background and abductive method. Finally, the paper discusses how this framework supports the implementation of BCT in IS by addressing its drivers and attempting to overcome its barriers. It is a resource for those seeking a comprehensive grasp of the foundational elements necessary for constructing a successful IS blockchain design, which is adaptable to all types of IS network configurations.

The role of trophic, mutualistic, and competitive interactions in an industrial symbiosis process implementation: an ecological network perspective

“…From the field of knowledge of industrial symbiosis, some lines of work currently receiving great attention can be evident, such as waste management (Yadav and Majumdar 2023 ; Moser and Jauschnik 2023 ; Shi et al 2023 ; Noori et al 2023 ), network (Yazıcı et al 2023 ; Shmeleva et al 2023 ; Yu et al 2023 ; Ratsimandresy and Miemczyk 2023 ; Mallawaarachchi et al 2023 ; Yang et al 2023 ; Wang, et al 2023 ; Shan et al 2023 ), management (Agudo et al 2024 ; Erol et al 2023 ; Harfeldt-Berg and Harfeldt-Berg 2023 ; Bruel and Godina 2023 ; Hariyani and Mishra 2023 ; Xue et al 2023 ), technology adoption (Beaurain et al 2023 ), and circular economy (Bui et al 2023 ; Tsolakis et al 2023 ; Faria et al 2023 ; Liu et al 2023 ).…”