Trends in the dynamic evolution of blockchain and circular economy: A literature review and bibliometric analysis

Woon Leong Lin*, Ying Yang, Nelvin Xe Chung Leow, Wai Mun Lim, Pek Chuen Khee, Nick Yip

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The intersection of blockchain technology and circular economy (CE) practices holds significant potential for enhancing sustainability, transparency, and efficiency. This study conducts a comprehensive bibliometric analysis to explore the current research landscape in this domain. Key findings indicate a rapid growth in publications, highlighting a burgeoning interest in leveraging blockchain for CE initiatives. The analysis identifies critical approaches such as enhancing supply chain transparency, improving resource management, and facilitating product lifecycle tracking. However, the integration of blockchain into CE practices presents challenges, including technical complexities, scalability issues, and regulatory hurdles. Addressing these challenges requires interdisciplinary and cross-sectoral collaboration, as well as continuous research and innovation. Future research should focus on the integration of emerging technologies with blockchain, longitudinal studies on long-term impacts, socio-economic implications, and the development of regulatory frameworks. This study contributes to the existing body of knowledge by providing unique insights and outlining potential research directions at the intersection of blockchain and CE.

Original languageEnglish
JournalBusiness Strategy and the Environment
DOIs
Publication statusPublished - 5 Nov 2024

ASJC Scopus subject areas

  • Business and International Management
  • Geography, Planning and Development
  • Strategy and Management
  • Management, Monitoring, Policy and Law

Keywords

  • bibliometric analysis
  • blockchain
  • circular economy
  • literature review

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