Modeling enablers for blockchain adoption in the circular economy
Abderahman Rejeb, Suhaiza Zailani, Karim Rejeb, Horst Treiblmaier, John G. Keogh
Abstract
Blockchain technology can play a crucial role to facilitate the transition from a linear to a circular economy. This article evaluates those enablers that influence technology adoption in the circular economy. A comprehensive literature review and feedback from experts revealed nineteen critical enablers. The Decision-Making Trial and Evaluation Laboratory (DEMATEL) methodology was used to determine the cause-and-effect relationships between them. The findings identified five critical causal enablers: transparency, security, smart contracts, traceability, and enhanced collaboration. Effect enablers were identified as immutability, decentralization, privacy, automation, information sharing, and enhanced regulation.