| Title |
Blockchain-enabled Intelligent Asset Exchange for a Circular Economy |
| ID_Doc |
3983 |
| Authors |
Askoxylakis, I; Alexandris, G; Demetriou, G |
| Title |
Blockchain-enabled Intelligent Asset Exchange for a Circular Economy |
| Year |
2017 |
| Published |
|
| DOI |
|
| Abstract |
As the notion of circular economy gains momentum, intelligent assets increasingly form the backbone of sustainable ecosystems. Although these assets can supply the necessary knowledge for fueling the value drivers of a circular economy, the generated value will be significantly amplified by allowing third parties to manage them and profit from better asset utilisation. However, for an everchanging networked environment consisting of numerous assets, ownership needs to be dynamic, granular and adaptable in order to maximise gains. Blockchain-based mechanisms can effectively serve this need by enabling transfer of asset ownership directly between parties participating in the circular economy while introducing trust, efficiency and automation in asset exchange contracts. |
| Author Keywords |
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| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Emerging Sources Citation Index (ESCI) |
| EID |
WOS:000418742400016 |
| WoS Category |
Computer Science, Interdisciplinary Applications |
| Research Area |
Computer Science |
| PDF |
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