A Framework to Overcome Blockchain Enabled Sustainable Manufacturing Issues through Circular Economy and Industry 4.0 Measures

Jamwal, Anbesh; Agrawal, Rajeev; Sharma, Monica

doi:10.33889/ijmems.2022.7.6.050

Cited by 2 publications

(3 citation statements)

References 119 publications

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“…The second study, authored by Jamwal et al (2022), elucidates 28 critical challenges and 22 solution measures based on Industry 4.0 and the CE. These measures aim to address the issues of blockchain‐enabled sustainable manufacturing effectively.…”

Section: Methodsmentioning

confidence: 99%

“…Moreover, other studies identify barriers in this transition, including the absence of a continuous improvement culture (Jamwal et al, 2021), limited sustainability practices and awareness (Yadav et al, 2020), privacy concerns (Bao et al, 2020), encrypted data recovery (Jiang et al, 2020; Leng et al, 2020), system resilience challenges (Fraga‐Lamas & Fernández‐Caramés, 2019), and complexities in sustainable supply chain practices (Leng et al, 2020). Jamwal et al (2022) offer 22 solutions to address these challenges.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

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Blockchain and the transition to the circular economy: A literature review

Schmidt,

Sehnem,

Spuldaro

2023

Corp Soc Responsibility Env

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Companies and industries face various challenges when it comes to embracing the circular economy (CE). These challenges not only deter companies from adopting effective strategies that promote it but also hinder industries from effectively establishing a circular system that ensures the addition of economic value to the supply chain. To address these challenges, blockchain technology has emerged as a new and revolutionary protocol for sharing and updating information. It does so by linking databases within a decentralized, peer‐to‐peer, open‐access network, guaranteeing secure, immutable, and irreversible operations. Within this context, the primary objective of this article is to investigate how blockchain technology supports the transition to the CE. Additionally, the paper aims to identify the barriers that hinder the process of transitioning to the CE. To achieve this, a systematic literature review (SLR) was conducted, considering 22 articles published in recent years across Scopus, Web of Science, and Science Direct databases. The results of this review underscore the considerable potential of blockchain in supporting companies and industries as they embrace their roles in the CE and seek to overcome the barriers they encounter. The findings reveal that blockchain supports the transition to the CE by facilitating decentralization, enabling smart contracting, enhancing information sharing and improvement, ensuring traceability and transparency, providing incentives, offering protection and security, and promoting value creation. However, in examining the barriers that blockchain may face in supporting companies and industries as they transition to the CE, certain challenges are highlighted. These include issues related to low scalability, insufficient funding, underdeveloped regulations, limited infrastructure support, a lack of standardization and generalization, high initial adoption costs, associated risks, and a deficiency in engagement and awareness. In conclusion, this study contributes to the existing literature by demonstrating that although barriers may pose challenges to blockchain's role in facilitating the CE transition, the benefits it offers are likely to outweigh these obstacles.

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Section: Methodsmentioning

confidence: 99%

Section: Theoretical Frameworkmentioning

confidence: 99%

Blockchain and the transition to the circular economy: A literature review

Schmidt,

Sehnem,

Spuldaro

2023

Corp Soc Responsibility Env

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“…This promotes transparency, allows for better management of material flows, and supports the integration of recycled or reused materials into production processes. Block chain-based platforms for the traceability and certification of sustainable and circular products [68]. Figure 5 highlights the digital solution of the circular economy model for advance Lifecycle Assessment using digital tools to aid in conducting lifecycle assessments (LCAs) for evaluating the environmental impact of products or processes.…”

Section: Role Of Computational Chemistry Digital Tools For Promoting ...mentioning

confidence: 99%

Advancing circular economy in industrial chemistry and environmental engineering: Principles, alignment with United Nations sustainable development goals, and pathways to implementation

Saeed,

Arshad,

Ahmed

2023

Eur J Chem

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This groundbreaking review explores the crucial role of the circular economy in industrial chemistry and environmental engineering. It surpasses a mere examination of principles and methods, delving into the profound significance and urgency of this transformative shift. By analyzing key elements such as resource efficiency, waste valorization, sustainable product design, industrial symbiosis, and policy integration, the study highlights the power of collaboration, technological advancements, and extensive literature research. It reveals the remarkable alignment between the circular economy and the Sustainable Development Goals (SDGs), emphasizing how circular practices promote resource efficiency, waste reduction, and sustainable production and consumption patterns, thus driving progress across multiple SDGs. With a specific focus on responsible consumption and production, clean energy, innovative industrial practices, climate action, ecosystem protection, water resource management, job creation, economic growth, sustainable urbanization, and collaboration, the review provides a comprehensive roadmap for adopting circularity. Its practical recommendations cover sustainable material selection, resource efficiency, closing loop, digitalization, and robust policy support. In addition, it emphasizes the paramount importance of collaboration, stakeholder engagement, education, capacity building, circular supply chain management, and effective policy frameworks in spearheading circular economy initiatives. Drawing inspiration from diverse circular economy models and compelling case studies in industrial chemistry, the study highlights the integration of environmental, social, and governance (ESG) factors, ensuring both sustainability and positive societal impact. This comprehensive review serves as a guiding light, demonstrating the immense potential of the circular economy in driving sustainable development. It offers actionable guidance for implementing circular practices, empowering professionals to make tangible contributions to a more sustainable future. Additionally, it serves as a foundational piece, fueling the advancement of knowledge, inspiring further research, and propelling remarkable progress in the ever-evolving fields of industrial chemistry and environmental engineering.

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A Framework to Overcome Blockchain Enabled Sustainable Manufacturing Issues through Circular Economy and Industry 4.0 Measures

Cited by 2 publications

References 119 publications

Blockchain and the transition to the circular economy: A literature review

Blockchain and the transition to the circular economy: A literature review

Advancing circular economy in industrial chemistry and environmental engineering: Principles, alignment with United Nations sustainable development goals, and pathways to implementation

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