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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
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    References listed on IDEAS

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

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