Abstract
The synergy between Distributed Ledger Technologies, like blockchain technology and circular economy, can lead to economic, environmental, and social sustainability through protecting natural resources, optimizing processes, fostering system effectiveness, designing out waste, and also providing job opportunities. Nevertheless, industries and their supply chain need to consider several requirements for blockchain implementation to realize a circular economy. To achieve this goal, requirements for implementing blockchain technology in construction supply chain were prioritized based on circular economy attributes. For multiple-criteria decision analysis and making our preference decision, we employed the new-founded multi-attribute decision-making (MADM) method, the “Fuzzy Ordinal Priority Approach (Fuzzy OPA).” Under uncertainty conditions, this method can determine fuzzy weights of circular economy attributes and fuzzy scores of blockchain requirements using linguistic variables. The results obtained from the case study show that three high-ranked requirements for implementing blockchain are (1) developing circular economy attributes on platforms, (2) intra-organizational considerations, and (3) technological requirements and collaboration infrastructure. To discuss the circular economy, we used the ReSOLVE framework, consisting of six attributes “Regenerate, Share, Optimize, Loop, Virtualize, and Exchange.” According to research findings, blockchain implementation can move the construction industry toward a circular economy through (1) regenerating environment, (2) optimizing systems performance, and (3) looping and circulating products. © The Author(s) under exclusive licence to Iranian Society of Environmentalists (IRSEN) and Science and Research Branch, Islamic Azad University 2022.
| Original language | English |
|---|---|
| Pages (from-to) | 4991–5012 |
| Journal | International Journal of Environmental Science and Technology |
| Volume | 20 |
| Issue number | 5 |
| Online published | 27 Jun 2022 |
| DOIs | |
| Publication status | Published - May 2023 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 4 Quality Education
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SDG 17 Partnerships for the Goals
Research Keywords
- Blockchain implementation
- Circular economy attributes
- Construction supply chain
- Distributed ledger technology
- Fuzzy ordinal priority approach
- Multiple-criteria decision analysis
- ReSOLVE framework
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