Trends in the dynamic evolution of blockchain and circular economy: A literature review and bibliometric analysis
Woon Leong Lin, Ying Yang, Nelvin XeChung Leow, Wai Mun Lim, Pek Chuen Khee, Nick Yip
Abstract
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.