Publication detail

Potential Application of Blockchain Technology in Eco-Industrial Park Development

Termizi, Siti Nor Azreen Ahmad Wan Alwi, Sharifah Rafidah Manan, Zainuddin Abd Varbanov, Petar Sabev

Original Title

Potential Application of Blockchain Technology in Eco-Industrial Park Development

Type

journal article in Web of Science

Language

English

Original Abstract

The concept of an eco-industrial park (EIP) that promotes resource sharing, reutilization of waste, and exchange of materials among industries and communities brings significant benefits in terms of environmental, social, and economic aspects. EIP can be accomplished with the aid of blockchain technology to manage data and integration complexity and problem dimensionality. This work proposes the application of blockchain technology in combination with other Industry 4.0 (IR4.0) technologies as enablers for EIP development. We review the international frameworks for EIP and the IR4.0 principles and applications focusing on blockchain technology to evaluate the suitability of blockchain technology integration into the green industrial park concept. An illustrative model of a blockchain-based EIP data management platform has been proposed in this work as a starting point for exploring the full potential of this technology for future EIP applications.

Keywords

blockchain; data management; eco-industrial park; industrial symbiosis; Industry 4.0

Authors

Termizi, Siti Nor Azreen Ahmad; Wan Alwi, Sharifah Rafidah; Manan, Zainuddin Abd; Varbanov, Petar Sabev

Released

25. 1. 2023

Publisher

MDPIST ALBAN-ANLAGE 66, CH-4052 BASEL, SWITZERLAND

Location

MDPIST ALBAN-ANLAGE 66, CH-4052 BASEL, SWITZERLAND

ISBN

2071-1050

Periodical

Sustainability

Year of study

1

Number

15

State

Swiss Confederation

Pages count

15

URL

https://www.mdpi.com/2071-1050/15/1/52

BibTex

@article{BUT187696,
  author="Termizi, Siti Nor Azreen Ahmad and Wan Alwi, Sharifah Rafidah and Manan, Zainuddin Abd and Varbanov, Petar Sabev",
  title="Potential Application of Blockchain Technology in Eco-Industrial Park Development",
  journal="Sustainability",
  year="2023",
  volume="1",
  number="15",
  pages="15",
  doi="10.3390/su15010052",
  issn="2071-1050",
  url="https://www.mdpi.com/2071-1050/15/1/52"
}