Blockchain Enhanced Emission Trading Framework in Fashion Apparel Manufacturing Industry

Bailu Fu, Zhan Shu and Xiaogang Liu
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Bailu Fu: Fashion and Design College, Donghua University, Shanghai 200051, China
Zhan Shu: Department of Structural Engineering, Tongji University, Shanghai 200092, China
Xiaogang Liu: Fashion and Design College, Donghua University, Shanghai 200051, China

Sustainability, 2018, vol. 10, issue 4, 1-19

Abstract: Motivated by the recent blockchain technology originally built for bitcoin transactions, various industries are exploring the opportunities to redefine their existing operational systems. In this study, an innovative environmentally sustainable solution is proposed for the fashion apparel manufacturing industry (FAMI), which is energized by blockchain. Incorporating the Emission Trading Scheme (ETS), and a novel “emission link” system, the proposed framework exposes carbon emission to the public and establishes a feature to reduce the emissions for all key steps of clothing making. Fully compatible with Industry 4.0, blockchain provides decentralization, transparency, automation, and immutability characteristics to the proposed framework. Specifically, the blockchain supported ETS framework, the carbon emissions of clothing manufacturing life cycle, and the emission link powered procedures are introduced in detail. A case study is provided to demonstrate the carbon emission evaluation procedure. Finally, a multi-criteria evaluation is performed to demonstrate the benefits and drawbacks of the proposed system.

Keywords: blockchain; sustainability; fashion apparel industry; carbon trading; energy economics; Industry 4.0 (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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