Overcoming information asymmetry in the plastics value chain with digital product passports: How decentralised identifiers and verifiable credentials can enable a circular economy for plastics
Holger Berg,
Raik Kulinna,
Carsten Stöcker,
Susanne Guth-Orlowski,
Ricky Thiermann and
Natalie Porepp
No 197, Wuppertal Papers from Wuppertal Institute for Climate, Environment and Energy
Abstract:
This paper analyses the potential of digital information technology to enable the reliable provision of product information along the plastics supply chain. The authors investigate the possible contribution of a product passport equipped with decentralised identifiers and verifiable credentials to overcome information deficits and information asymmetry in the circular plastics economy. Through this, high-quality plastics recycling could be enabled on a larger scale than currently possible.
Date: 2022
New Economics Papers: this item is included in nep-ict and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:wuppap:197
DOI: 10.48506/opus-7940
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