| Title | Expert perspectives on blockchain in the circular economy: A Delphi study with industry specialists |
|---|---|
| ID_Doc | 963 |
| Authors | Caldarelli, G |
| Title | Expert perspectives on blockchain in the circular economy: A Delphi study with industry specialists |
| Year | 2024 |
| Published | |
| Abstract | The burgeoning interest in both the circular economy and blockchain technology has spurred numerous proposed integrations. Despite this enthusiasm, empirical research examining the practical feasibility and critical assessment of blockchain 's potential within the circular economy remains limited. This study engages with eleven distinguished blockchain experts to critically analyze the prospects of technology integration across various facets of the circular economy, aiming to predict potential outcomes. Utilizing the Delphi method, this research seeks to attain a consensus on the experts ' visions and opinions. The findings suggest a nuanced perspective: while certain integrations in the circular economy may face challenges and are unlikely to succeed, others could prove effective in the long term, provided specific conditions are met. When appropriately designed Tokenomics are in place, and the necessary level of digitalization is achieved, blockchain technology can significantly incentivize circular economy practices. However, the complete disintermediation of circular practices through blockchain is viewed as less feasible, owing to its reliance on external data providers. |
| https://doi.org/10.1016/j.jclepro.2024.142781 |
Similar Articles
| ID | Score | Article |
|---|---|---|
1185
|
Böckel, A; Nuzum, AK; Weissbrod, I Blockchain for the Circular Economy: Analysis of the Research-Practice Gap(2021) | |
| 149
|
Böhmecke-Schwafert, M; Wehinger, M; Teigland, R Blockchain for the circular economy: Theorizing blockchain's role in the transition to a circular economy through an empirical investigation(2022)Business Strategy And The Environment, 31, 8 | |
| 207
|
Souza, EB; Carlos, RL; de Mattos, CA; Scur, G The role of blockchain platform in enabling circular economy practices(2024) | |
| 320
|
Kumar, NM; Chopra, SS Leveraging Blockchain and Smart Contract Technologies to Overcome Circular Economy Implementation Challenges(2022)Sustainability, 14, 15 | |
| 604
|
Kouhizadeh, M; Zhu, QY; Sarkis, J Blockchain and the circular economy: potential tensions and critical reflections from practice(2020)Production Planning & Control, 31, 11-12 | |
| 16271
|
Steenmans, K; Taylor, P; Steenmans, I Regulatory Opportunities and Challenges for Blockchain Adoption for Circular Economies(2021) | |
| 934
|
Upadhyay, A; Mukhuty, S; Kumar, V; Kazancoglu, Y Blockchain technology and the circular economy: Implications for sustainability and social responsibility(2021) | |
| 3337
|
Schmidt, JL; Sehnem, S; Spuldaro, JD Blockchain and the transition to the circular economy: A literature review(2024)Corporate Social Responsibility And Environmental Management, 31, 3 | |
| 713
|
Modgil, S; Gupta, S; Zhang, BB; Bag, S Blockchain-enabled supply chain finance strategies for a circular economy revolution(2024) | |
| 4349
|
Wolf, P; Verma, S; Koscina, M; Jasak, T; Gregersen, M Consumer-desired far-future circular economy scenarios with blockchain application(2022) |