Opportunities and challenges of blockchain technology in boosting sustainability

Kristiina Valtanen

Opportunities and challenges of blockchain technology in boosting sustainability

Kristiina Valtanen

BA6406 Critical cyber physical systems

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific

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Abstract

This paper outlines our research on the opportunities and challenges of blockchain technology applied for sustainability purposes focusing particularly on the circular economy perspective. The work is based on in-depth semi-structured interviews with Finnish blockchain professionals. The results reinforce the hypothesis that blockchain technology is in many respects a potential technology for implementing sustainability and circular economy solutions. However, the results also highlight many challenges that are often non-technical.

Original language	English
Title of host publication	EcoDesign2021 Conference Proceedings
Number of pages	5
Publication status	Published - 3 Dec 2021
MoE publication type	Not Eligible
Event	12th International Symposium on Environmentally Conscious Design and Inverse Manufacturing, EcoDesign 2021 - Virtual Duration: 1 Dec 2021 → 3 Dec 2021 http://www.ecodenet.com/ed2021/index.html

Conference

Conference	12th International Symposium on Environmentally Conscious Design and Inverse Manufacturing, EcoDesign 2021
Abbreviated title	EcoDesign2021
Period	1/12/21 → 3/12/21
Internet address	http://www.ecodenet.com/ed2021/index.html

Keywords

blockchain
sustainability
circular economy
system design

Access to Document

EcoDesign2021_Kristiina Valtanen_C000065Final published version, 237 KB

CircDNet: Circular Design Network
Kivikytö-Reponen, P. (PI), Orko, I. (Owner), Karhu, M. (Participant), Majaniemi, S. (Participant), Tuovila, H. (Participant), Sokka, L. (Participant), Valtanen, K. (Participant), Heikkilä, P. (Participant), Hanski, J. (Participant), Mäkelä, S.-M. (Participant), Heikkilä, J. (Participant), Järvinen, S. (Participant), Nikunen, T. (Participant), Lantto, R. (Participant), Jenu, S. (Participant), Hentunen, A. (Participant), Naumanen, M. (Participant), Pohjalainen, E. (Participant), Piotrowska-Slotte, P. (Participant), Uusitalo, T. (Participant) & Muukkonen, R. (Participant)
1/12/20 → 31/12/22
Project: Research Council of Finland

Cite this

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title = "Opportunities and challenges of blockchain technology in boosting sustainability",

abstract = "This paper outlines our research on the opportunities and challenges of blockchain technology applied for sustainability purposes focusing particularly on the circular economy perspective. The work is based on in-depth semi-structured interviews with Finnish blockchain professionals. The results reinforce the hypothesis that blockchain technology is in many respects a potential technology for implementing sustainability and circular economy solutions. However, the results also highlight many challenges that are often non-technical.",

keywords = "blockchain, sustainability, circular economy, system design",

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N1 - Conference proceedings: Delivered via conference website only to conference participants. Proceedings papers: Not peer reviewed (abstract review only), Copyright transfer is not required

PY - 2021/12/3

Y1 - 2021/12/3

N2 - This paper outlines our research on the opportunities and challenges of blockchain technology applied for sustainability purposes focusing particularly on the circular economy perspective. The work is based on in-depth semi-structured interviews with Finnish blockchain professionals. The results reinforce the hypothesis that blockchain technology is in many respects a potential technology for implementing sustainability and circular economy solutions. However, the results also highlight many challenges that are often non-technical.

AB - This paper outlines our research on the opportunities and challenges of blockchain technology applied for sustainability purposes focusing particularly on the circular economy perspective. The work is based on in-depth semi-structured interviews with Finnish blockchain professionals. The results reinforce the hypothesis that blockchain technology is in many respects a potential technology for implementing sustainability and circular economy solutions. However, the results also highlight many challenges that are often non-technical.

KW - blockchain

KW - sustainability

KW - circular economy

KW - system design

M3 - Conference article in proceedings

BT - EcoDesign2021 Conference Proceedings

T2 - 12th International Symposium on Environmentally Conscious Design and Inverse Manufacturing, EcoDesign 2021

Y2 - 1 December 2021 through 3 December 2021

ER -

Opportunities and challenges of blockchain technology in boosting sustainability

Abstract

Conference

Keywords

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Projects

CircDNet: Circular Design Network

Cite this