Blockchain Technologies for Smart Circular Economy and Organisational Sustainability

This book provides a descriptive overview of blockchain technology domain, we observe a transformative influence that has surpassed its initial application in Bitcoin and has permeated nearly all industries. The utilisation of distributed ledger technology presents a significant transformation in the realm of data management, trust, and transparency. Its impact extends beyond financial transactions and encompasses other domains like supply chain optimization, identity verification, and the development of decentralized apps. The process of transformation has been initiated in various industries, including finance, healthcare, and logistics. In contrast, there is a notable increase in the adoption of the smart circular economy frameworks as a response to the heightened acknowledgment of the environmental and resource-related obstacles linked to the traditional linear paradigm of "extract, produce, discard." The primary objective of the circular economy is to limit the generation of waste, advance sustainable product design, and promote responsible resource utilization through the facilitation of recycling, remanufacturing, and the prolongation of product lifespans. This movement holds significance for various industries, including manufacturing, waste management, and sustainable consumerism, due to its wide-ranging ramifications. Its unique characteristic is its capacity to connect these two realms, emphasizing the potential of blockchain technology in facilitating transparent data management and smart contracts to advance the concepts of the circular economy. The book offers a thorough examination of the topic, offering readers a grasp of the fundamental principles of blockchain as well as the dynamic field of sustainability. This renders it an indispensable reference for individuals interested in the interdisciplinary ramifications of technology on sustainability, and the transformative possibilities of blockchain within the realm of resource-efficient and environmentally conscious approaches. The book exemplifies a progressive perspective by demonstrating the significant role that inventive technology can assume in tackling the urgent issues of our era, revolutionising sectors, and influencing the trajectory of a more circular and environmentally conscious global society.