The impact of blockchain-enabled tokeni...

This paper describes the first steps in the course of a pilot recycling initiative with the aim of investigating blockchain-enabled tokenization as an alternative incentive system to increase recycling rates of plastic bottles to enable the shift to circular plastic supply chains. As little knowledge exists regarding the effects of novel technology implementation on plastic bottle recycling rates, we conducted exploratory research, using expert interviews and focus group discussions with representatives from an international beverage company. This served for obtaining preliminary insights into the potential application of novel technologies (e.g. blockchain) in terms of tokenization in combination with incentive schemes within the plastic bottle supply chain, especially about the end-consumer collection and recycling rate behaviour.