Blockchain‐based recycling and its impact on recycling performance: A network theory perspective. (11th April 2022)

• Record Type: Journal Article
• Authors: Gong, Yu; Xie, Shenghao; Arunachalam, Deepak; Duan, Jiang; Luo, Jianli
• Other Names: Bai Chunguang guestEditor.; Cordeiro James guestEditor.; Sarkis Joseph guestEditor.
• Is Part Of: Business strategy and the environment. Volume 31:Number 8(2022)
• Page Start: 3717
• Page End: 3741
• Publication Date: 2022-04-11
• Subjects: blockchain technology -- circular economy -- network theory -- recycling chain -- sustainability -- sustainable supply chain; Industrial management -- Environmental aspects -- Periodicals; Industries -- Environmental aspects -- Periodicals; 658.4083
• DOI: 10.1002/bse.3028
• Languages: English
• ISSNs: 0964-4733

Abstract

Abstract: The purpose of this study is to explore the application of blockchain technology (BCT) in recycling. This research applies a multiple case study approach with six pioneer organisations, based on secondary data. We found that BCT is an effective approach to promote recycling performance: it can provide tokenisation, waste flow tracking and recycling chain integration. The benefits include 'Eco‐friendly', 'Stimulate participation', 'Social inclusion', 'Transparent recycling chains' and 'Extended producer responsibility accountability'. However, the majority of existing BCT‐based initiatives are in the pilot stage and face cognitive, technology, internal and external barriers. Our research is one of the first studies on blockchain‐based recycling. We applied the network theory of 'Reachability', 'Richness' and 'Receptivity' and 'network formation' barriers to propose a conceptual framework of BCT‐based recycling, which serves as a practical reference for the recycling industry.