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Title Open Market for Reusing Auto Parts with Blockchain
ID_Doc 16141
Authors Cale, D
Title Open Market for Reusing Auto Parts with Blockchain
Year 2022
Published
Abstract The evolution of technologies in recent years has allowed many advances in various areas, such as robotics, the Internet of Things, Big Data, Blockchain, among others. These advances have allowed to solve many of the problems we face nowadays, such as today, for example, they have been used recently in the fight against Covid-19 which has affected and continues to affect people and organizations around the world. Taking advantage of the advancement of these technologies, the circular economy concept has been successfully implemented in various spheres of society and in various countries, with the aim of transition from linear economy ideas (produce, consume, and dispose) to more sustainable models (recycle, reuse, and reduce), keeping products and raw materials in circulation if possible, while adding value for society and business. In this paper we will address how Blockchain can leverage the ideals of the circular economy, analysing and implementing a prototype Blockchain network in the used car parts market. The structure of this work is based on bibliographical research that served as a basis to collect data and information relevant to the themes in question, as well as the practical implementation of the concepts in the case of the reuse of used parts.
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