Building Sustainable Circular Economy With Blockchain

Since the industrial revolution began, the world has focused on the production and consumption of products. Little or no attention is paid to where the materials are sourced from, the conditions in which the products are manufactured, and how they are finally disposed of. However, the toxic effects that the current processes are having on the environment, coupled with the rapid depletion of natural resources, have necessitated everyone to switch to a sustainable and environment-friendly circular economy. But, what are the hurdles in shifting to a completely different paradigm? Can technologies such as Blockchain address these challenges? Why Is Circular…...