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Blockchain‐enabled supply chain finance strategies for a circular economy revolution

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  • Sachin Modgil
  • Shivam Gupta
  • Bobo Zhang
  • Surajit Bag

Abstract

This study is centred on introducing a distinctive landscape towards a circular economy powered by blockchain‐enabled supply chain finance strategies. Our research examines five cases engaged in helping organisations achieve their circular economy targets. The objective is to establish a comprehensive framework for circular economy. Within these secondary data‐based case studies, we identify the challenges faced by a typical linear economy and how modern and blockchain‐driven platforms are helping businesses contribute to the circular economy. The outcome of our study proposes a three‐step approach unveiling blockchain technologies, supply chain finance strategies and enablers of circular economy contributing to 10R principles. Our study underscores how these cases across the globe can serve as valuable examples to other organisations, encompassing sectors from manufacturing to core‐service based such as e‐commerce. These sectors involve complex supply chains, and hence, blockchain‐enabled supply chain finance strategies can be a solution to foster a circular economy. In conclusion, our research not only provides theoretical and practical insights and implications for policymakers but also lays the groundwork for potential future research in this domain.

Suggested Citation

  • Sachin Modgil & Shivam Gupta & Bobo Zhang & Surajit Bag, 2024. "Blockchain‐enabled supply chain finance strategies for a circular economy revolution," Business Strategy and the Environment, Wiley Blackwell, vol. 33(7), pages 7006-7020, November.
    • Handle: RePEc:bla:bstrat:v:33:y:2024:i:7:p:7006-7020
    DOI: 10.1002/bse.3853
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