IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i24p8292-d698578.html
   My bibliography  Save this article

Blockchain Technology in Life Cycle Assessment—New Research Trends

Author

Listed:
  • Robert Karaszewski

    (College of Business Administration, American University in the Emirates, Dubai P.O. Box 503000, United Arab Emirates)

  • Paweł Modrzyński

    (Faculty of Management Poland, Bydgoszcz University of Science and Technology, 85-796 Bydgoszcz, Poland)

  • Gözde Türkmen Müldür

    (Business Administration Department, Adana Alparslan Türkeş Science and Technology University, Adana 01250, Turkey)

  • Jacek Wójcik

    (Faculty of Finance and Management, WSB University in Torun, 87-100 Toruń, Poland)

Abstract

Environmental protection is currently one of the key priority areas of the European Union (EU). The search for precise tools to assess the impact of the economy, industry, or the production of individual products or services is crucial for an effective and efficient policy in environmental protection. Blockchain technology, originally related to the financial sector and cryptocurrencies, is an innovative solution that is increasingly being implemented by other areas of the economy and industry sectors. The authors reviewed the literature and based on it presented the possibilities and effects of using blockchain technology in Life Cycle Assessment (LCA), which is in line with the current development trends of this method. The analysis of the research conducted in this area also allowed to present not only the advantages of blockchain in LCA, but also the limitations of this technology and the potential directions of further research.

Suggested Citation

  • Robert Karaszewski & Paweł Modrzyński & Gözde Türkmen Müldür & Jacek Wójcik, 2021. "Blockchain Technology in Life Cycle Assessment—New Research Trends," Energies, MDPI, vol. 14(24), pages 1-13, December.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:24:p:8292-:d:698578
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/24/8292/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/24/8292/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sara Saberi & Mahtab Kouhizadeh & Joseph Sarkis & Lejia Shen, 2019. "Blockchain technology and its relationships to sustainable supply chain management," International Journal of Production Research, Taylor & Francis Journals, vol. 57(7), pages 2117-2135, April.
    2. David Teh & Tehmina Khan & Brian Corbitt & Chin Eang Ong, 2020. "Sustainability strategy and blockchain-enabled life cycle assessment: a focus on materials industry," Environment Systems and Decisions, Springer, vol. 40(4), pages 605-622, December.
    3. Ying fan and Adonis Yatchew, 2016. "Introduction," The Energy Journal, International Association for Energy Economics, vol. 0(China Spe).
    4. Mahtab Kouhizadeh & Joseph Sarkis, 2018. "Blockchain Practices, Potentials, and Perspectives in Greening Supply Chains," Sustainability, MDPI, vol. 10(10), pages 1-16, October.
    5. Tajda Potrč Obrecht & Martin Röck & Endrit Hoxha & Alexander Passer, 2020. "BIM and LCA Integration: A Systematic Literature Review," Sustainability, MDPI, vol. 12(14), pages 1-19, July.
    6. Chau, C.K. & Leung, T.M. & Ng, W.Y., 2015. "A review on Life Cycle Assessment, Life Cycle Energy Assessment and Life Cycle Carbon Emissions Assessment on buildings," Applied Energy, Elsevier, vol. 143(C), pages 395-413.
    7. Hissu Hyvärinen & Marten Risius & Gustav Friis, 2017. "A Blockchain-Based Approach Towards Overcoming Financial Fraud in Public Sector Services," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 59(6), pages 441-456, December.
    8. Zhuming Chen & Yushan Li & Yawen Wu & Junjun Luo, 2017. "The transition from traditional banking to mobile internet finance: an organizational innovation perspective - a comparative study of Citibank and ICBC," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-16, December.
    9. Henry M. Kim & Marek Laskowski, 2018. "Toward an ontology‐driven blockchain design for supply‐chain provenance," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 25(1), pages 18-27, January.
    10. Buyle, Matthias & Braet, Johan & Audenaert, Amaryllis, 2013. "Life cycle assessment in the construction sector: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 26(C), pages 379-388.
    11. Robert Karaszewski & Paweł Modrzyński & Joanna Modrzyńska, 2021. "The Use of Blockchain Technology in Public Sector Entities Management: An Example of Security and Energy Efficiency in Cloud Computing Data Processing," Energies, MDPI, vol. 14(7), pages 1-19, March.
    12. Yevheniia Polishchuk & Alla Ivashchenko & Oleksandr Dyba, 2019. "SMART-Contracts via Blockchain as the Innovation Tool for SMEs Development," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 39-53.
    13. Zhong, Ray Y. & Huang, George Q. & Lan, Shulin & Dai, Q.Y. & Chen, Xu & Zhang, T., 2015. "A big data approach for logistics trajectory discovery from RFID-enabled production data," International Journal of Production Economics, Elsevier, vol. 165(C), pages 260-272.
    14. Min Xu & Xingtong Chen & Gang Kou, 2019. "A systematic review of blockchain," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-14, December.
    15. Mohamad Monkiz Khasreen & Phillip F. G. Banfill & Gillian F. Menzies, 2009. "Life-Cycle Assessment and the Environmental Impact of Buildings: A Review," Sustainability, MDPI, vol. 1(3), pages 1-28, September.
    16. Paech, Philipp, 2017. "The governance of blockchain financial networks," LSE Research Online Documents on Economics 80440, London School of Economics and Political Science, LSE Library.
    17. Christian Catalini & Joshua S. Gans, 2016. "Some Simple Economics of the Blockchain," NBER Working Papers 22952, National Bureau of Economic Research, Inc.
    18. Genovese, Andrea & Acquaye, Adolf A. & Figueroa, Alejandro & Koh, S.C. Lenny, 2017. "Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications," Omega, Elsevier, vol. 66(PB), pages 344-357.
    19. J. Leon Zhao & Shaokun Fan & Jiaqi Yan, 2016. "Overview of business innovations and research opportunities in blockchain and introduction to the special issue," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 2(1), pages 1-7, December.
    20. Anand, Chirjiv Kaur & Amor, Ben, 2017. "Recent developments, future challenges and new research directions in LCA of buildings: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 408-416.
    21. Abd Rashid, Ahmad Faiz & Yusoff, Sumiani, 2015. "A review of life cycle assessment method for building industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 244-248.
    22. Igor Radanović & Robert Likić, 2018. "Opportunities for Use of Blockchain Technology in Medicine," Applied Health Economics and Health Policy, Springer, vol. 16(5), pages 583-590, October.
    23. Eric Mieras & Anne Gaasbeek & Daniël Kan, 2019. "How to Seize the Opportunities of New Technologies in Life Cycle Analysis Data Collection: A Case Study of the Dutch Dairy Farming Sector," Challenges, MDPI, vol. 10(1), pages 1-9, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert Karaszewski, 2022. "Strategic Planning and Management in Energy," Energies, MDPI, vol. 15(21), pages 1-3, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Min Xu & Xingtong Chen & Gang Kou, 2019. "A systematic review of blockchain," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-14, December.
    2. Leng, Jiewu & Ruan, Guolei & Jiang, Pingyu & Xu, Kailin & Liu, Qiang & Zhou, Xueliang & Liu, Chao, 2020. "Blockchain-empowered sustainable manufacturing and product lifecycle management in industry 4.0: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    3. Jozef Mitterpach & Emília Hroncová & Juraj Ladomerský & Jozef Štefko, 2016. "Quantification of Improvement in Environmental Quality for Old Residential Buildings Using Life Cycle Assessment," Sustainability, MDPI, vol. 8(12), pages 1-12, December.
    4. Xabat Oregi & Rufino Javier Hernández & Patxi Hernandez, 2020. "Environmental and Economic Prioritization of Building Energy Refurbishment Strategies with Life-Cycle Approach," Sustainability, MDPI, vol. 12(9), pages 1-22, May.
    5. Catarina Lemos & Ricardo F. Ramos & Sérgio Moro & Pedro Miguel Oliveira, 2022. "Stick or Twist—The Rise of Blockchain Applications in Marketing Management," Sustainability, MDPI, vol. 14(7), pages 1-16, March.
    6. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    7. Hsing Kenneth Cheng & Daning Hu & Thomas Puschmann & J. Leon Zhao, 2021. "The landscape of Blockchain research: impacts and opportunities," Information Systems and e-Business Management, Springer, vol. 19(3), pages 749-755, September.
    8. Hughes, Alex & Park, Andrew & Kietzmann, Jan & Archer-Brown, Chris, 2019. "Beyond Bitcoin: What blockchain and distributed ledger technologies mean for firms," Business Horizons, Elsevier, vol. 62(3), pages 273-281.
    9. Yasanur Kayikci & Nazlican Gozacan‐Chase & Abderahman Rejeb, 2024. "Blockchain entrepreneurship roles for circular supply chain transition," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 197-222, February.
    10. Dulani Jayasuriya Daluwathumullagamage & Alexandra Sims, 2021. "Fantastic Beasts: Blockchain Based Banking," JRFM, MDPI, vol. 14(4), pages 1-43, April.
    11. Anand, Chirjiv Kaur & Amor, Ben, 2017. "Recent developments, future challenges and new research directions in LCA of buildings: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 408-416.
    12. Khalid Ahmed Al-Ansari & Ahmet Faruk Aysan, 2021. "More than ten years of Blockchain creation: How did we use the technology and which direction is the research heading? [Plus de dix ans de création Blockchain : Comment avons-nous utilisé la techno," Working Papers hal-03343048, HAL.
    13. Su, Dan & Zhang, Lijun & Peng, Hua & Saeidi, Parvaneh & Tirkolaee, Erfan Babaee, 2023. "Technical challenges of blockchain technology for sustainable manufacturing paradigm in Industry 4.0 era using a fuzzy decision support system," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    14. Mastrucci, Alessio & Marvuglia, Antonino & Leopold, Ulrich & Benetto, Enrico, 2017. "Life Cycle Assessment of building stocks from urban to transnational scales: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 316-332.
    15. Sun, Yi & Jiang, Shiqing & Jia, Wanjiao & Wang, Yu, 2022. "Blockchain as a cutting-edge technology impacting business: A systematic literature review perspective," Telecommunications Policy, Elsevier, vol. 46(10).
    16. Mastrucci, Alessio & Marvuglia, Antonino & Benetto, Enrico & Leopold, Ulrich, 2020. "A spatio-temporal life cycle assessment framework for building renovation scenarios at the urban scale," Renewable and Sustainable Energy Reviews, Elsevier, vol. 126(C).
    17. David Teh & Tehmina Khan & Brian Corbitt & Chin Eang Ong, 2020. "Sustainability strategy and blockchain-enabled life cycle assessment: a focus on materials industry," Environment Systems and Decisions, Springer, vol. 40(4), pages 605-622, December.
    18. Summer K. Mohamed & Sandra Haddad & Mahmoud Barakat & Bojan Rosi, 2023. "Blockchain Technology Adoption for Improved Environmental Supply Chain Performance: The Mediation Effect of Supply Chain Resilience, Customer Integration, and Green Customer Information Sharing," Sustainability, MDPI, vol. 15(10), pages 1-20, May.
    19. Kouhizadeh, Mahtab & Saberi, Sara & Sarkis, Joseph, 2021. "Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers," International Journal of Production Economics, Elsevier, vol. 231(C).
    20. Manu Sharma & Sudhanshu Joshi & Sunil Luthra & Anil Kumar, 2022. "Managing disruptions and risks amidst COVID-19 outbreaks: role of blockchain technology in developing resilient food supply chains," Operations Management Research, Springer, vol. 15(1), pages 268-281, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:24:p:8292-:d:698578. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.