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Intelligent Transport Systems. 5th EAI International Conference, INTSYS 2021, Virtual Event, November 24-26, 2021, Proceedings

Research Article

Open Market for Reusing Auto Parts with Blockchain

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  • @INPROCEEDINGS{10.1007/978-3-030-97603-3_6,
        author={Daniel Cale},
        title={Open Market for Reusing Auto Parts with Blockchain},
        proceedings={Intelligent Transport Systems. 5th EAI International Conference, INTSYS 2021, Virtual Event, November 24-26, 2021, Proceedings},
        proceedings_a={INTSYS},
        year={2022},
        month={3},
        keywords={Circular economy Blockchain Ethereum network Open market},
        doi={10.1007/978-3-030-97603-3_6}
    }
    
  • Daniel Cale
    Year: 2022
    Open Market for Reusing Auto Parts with Blockchain
    INTSYS
    Springer
    DOI: 10.1007/978-3-030-97603-3_6
Daniel Cale1,*
  • 1: ISTAR-IUL, Instituto Universitário de Lisboa (ISCTE-IUL)
*Contact email: ddces@iscte-iul.pt

Abstract

The evolution of technologies in recent years has allowed many advances in various areas, such as robotics, the Internet of Things, Big Data, Blockchain, among others.

These advances have allowed to solve many of the problems we face nowadays, such as today, for example, they have been used recently in the fight against Covid-19 which has affected and continues to affect people and organizations around the world.

Taking advantage of the advancement of these technologies, the circular economy concept has been successfully implemented in various spheres of society and in various countries, with the aim of transition from linear economy ideas (produce, consume, and dispose) to more sustainable models (recycle, reuse, and reduce), keeping products and raw materials in circulation if possible, while adding value for society and business.

In this paper we will address how Blockchain can leverage the ideals of the circular economy, analysing and implementing a prototype Blockchain network in the used car parts market.

The structure of this work is based on bibliographical research that served as a basis to collect data and information relevant to the themes in question, as well as the practical implementation of the concepts in the case of the reuse of used parts.

Keywords
Circular economy Blockchain Ethereum network Open market
Published
2022-03-12
Appears in
SpringerLink
http://dx.doi.org/10.1007/978-3-030-97603-3_6
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