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Efficient Plastic Recycling and Remolding Circular Economy Using the Technology of Trust–Blockchain

Swikriti Khadke, Pragya Gupta, Shanmukh Rachakunta, Chandreswar Mahata, Suma Dawn, Mohit Sharma, Deepak Verma, Aniruddha Pradhan, Ambati Mounika Sai Krishna, Seeram Ramakrishna, Sabyasachi Chakrabortty, Gopalan Saianand, Prashant Sonar, Sajal Biring, Jatindra Kumar Dash and Goutam Kumar Dalapati
Additional contact information
Swikriti Khadke: Department of Computer Science and Engineering, SRM University AP, Amaravati 522502, India
Pragya Gupta: Department of Computer Science and Engineering, SRM University AP, Amaravati 522502, India
Shanmukh Rachakunta: Department of Computer Science and Engineering, SRM University AP, Amaravati 522502, India
Chandreswar Mahata: Division of Electronics and Electrical Engineering, Dongguk University, Seoul 04620, Korea
Suma Dawn: Department of Computer Sciences, Jaypee Institute of Information Technology, Noida 201309, India
Mohit Sharma: Institute of Materials Research and Engineering, Agency for Science, Technology and Research (A*STAR), Singapore 138634, Singapore
Deepak Verma: Department of Mechanical Engineering, Graphic Era Hill University, Dehradun 248001, India
Aniruddha Pradhan: IBM India Pvt. Ltd., Kolkata 700156, India
Ambati Mounika Sai Krishna: Department of Physics, SRM University AP, Amaravati 522502, India
Seeram Ramakrishna: Center for Nanofibers and Nanotechnology, Faculty of Engineering, National University of Singapore, Singapore 117576, Singapore
Sabyasachi Chakrabortty: Department of Chemistry, SRM University AP, Amaravati 522502, India
Gopalan Saianand: Global Centre for Environmental Remediation (GCER), College of Engineering, Science and Environment, The University of Newcastle, Callaghan, NSW 2308, Australia
Prashant Sonar: Centre for Material Science, School of Chemistry and Physics, Queensland University of Technology (QUT), Brisbane, QLD 4000, Australia
Sajal Biring: Department of Electronic Engineering, Mingchi University of Technology, New Taipei City 24301, Taiwan
Jatindra Kumar Dash: Department of Computer Science and Engineering, SRM University AP, Amaravati 522502, India
Goutam Kumar Dalapati: Department of Physics, SRM University AP, Amaravati 522502, India

Sustainability, 2021, vol. 13, issue 16, 1-15

Abstract: Global plastic waste is increasing rapidly. In general, densely populated regions generate tons of plastic waste daily, which is sometimes disposed of on land or diverged to sea. Most of the plastics created in the form of waste have complex degradation behavior and are non-biodegradable by nature. These remain intact in the environment for a long time span and potentially originate complications within terrestrial and marine life ecosystems. The strategic management of plastic waste and recycling can preserve environmental species and associated costs. The key contribution in this work focuses on ongoing efforts to utilize plastic waste by introducing blockchain during plastic waste recycling. It is proposed that the efficiency of plastic recycling can be improved enormously by using the blockchain phenomenon. Automation for the segregation and collection of plastic waste can effectively establish a globally recognizable tool using blockchain-based applications. Collection and sorting of plastic recycling are feasible by keeping track of plastic with unique codes or digital badges throughout the supply chain. This approach can support a collaborative digital consortium for efficient plastic waste management, which can bring together multiple stakeholders, plastic manufacturers, government entities, retailers, suppliers, waste collectors, and recyclers.

Keywords: blockchain; circular economy; digital badge; supply chain; plastic recycling; circular premium; machine learning (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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