2021
DOI: 10.1016/j.jclepro.2021.126130
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Blockchain technology and the circular economy: Implications for sustainability and social responsibility

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Cited by 416 publications
(300 citation statements)
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References 60 publications
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“…It not only stimulates economic development but also shifts demand from a linear "extractproduce-use-dump" model to a cyclical flow model. It is also said to reduce carbon footprint [65]. Interestingly, companies are now integrating the idea into their everyday operations.…”
Section: Circular Economymentioning
confidence: 99%
See 1 more Smart Citation
“…It not only stimulates economic development but also shifts demand from a linear "extractproduce-use-dump" model to a cyclical flow model. It is also said to reduce carbon footprint [65]. Interestingly, companies are now integrating the idea into their everyday operations.…”
Section: Circular Economymentioning
confidence: 99%
“…• Exchange: implementing innovative service and business models, as well as new technical innovations [65].…”
Section: Approaches To Foster Circular Economymentioning
confidence: 99%
“…Information can be stored in a decentralized way, which makes this technology a candidate to significantly disrupt the centralized regulatory compliance processes and transactions within the industry [24]. The CE can benefit from simultaneous cooperation and competition within the loop, adopting a decentralized principle of value creation and circulation as opposed to value creation and value appropriation [25]. BC can align supply chains with CE sustainability through traceability and transparency; it can make information about the origin of a product, processes and the parties involved in related transactions and logistics visible, traceable, and verifiable by all those in the supply chain, thus supporting the application of sustainability criteria for the selection of suppliers, vendors, materials, and products, as well as the design of more sustainable logistics networks and internal operations [26,27].…”
Section: From Bc and Iot To Bcot The Emergence Of A Digital Solutionmentioning
confidence: 99%
“…Moreover, BC can also help to ensure and assure the customers that child labor was not used, and human rights were protected in the production and supply chain process [25]. This is crucial in the EEE sector and deserves further analysis, considering that the enormous request of critical and strategic raw materials used in electronic devices have consequences in human rights and social impacts, because of supply systems and mining activities in crucial areas of the world, where continuing conflicts occur [46].…”
mentioning
confidence: 99%
“…Apart from the uncertainty, a large number of studies pay attention to the sustainable supply chain network design due to the growing environmental impact, legislation and corporate social responsibility [ 24 , 25 , 26 , 27 ]. Jin et al [ 28 ] demonstrated that the sustainability requirement might reshape the optimal structure of a supply chain.…”
Section: Introductionmentioning
confidence: 99%