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Sustainable Development of Green Reverse Logistics Based on Blockchain
1School of Economics and Management, Zhengzhou Normal University, ZhengZhou 450044, Henan, China.
Implementing blockchain in green reverse logistics significantly boosts efficiency and profitability. This innovative approach enhances resource utilization and reduces waste, proving vital for environmental protection and economic growth.
Area of Science:
- Environmental Science
- Supply Chain Management
- Information Technology
Background:
- Global resource depletion and environmental degradation necessitate sustainable practices.
- Green reverse logistics optimizes resource use and ecological protection.
- Blockchain technology offers potential for enhanced supply chain transparency and efficiency.
Purpose of the Study:
- To compare the performance of blockchain-based green reverse logistics with current systems.
- To analyze the impact of blockchain on drug recycling efficiency, waste rates, utilization, and enterprise income.
- To evaluate the socio-economic and environmental benefits of blockchain in green reverse logistics.
Main Methods:
- Comparative analysis of green reverse logistics systems.
- Case study focusing on drug recycling.
- Quantitative assessment of waste rate, utilization rate, and enterprise income.
Main Results:
- Blockchain-based drug recycling showed a 20.1% increase in efficiency.
- Waste rate decreased by 16%, while utilization rate increased by 14%.
- Enterprise income saw a 19.5% rise, indicating significant economic benefits.
Conclusions:
- Blockchain integration in green reverse logistics substantially improves operational efficiency and economic outcomes.
- The technology demonstrates considerable potential for enhancing environmental protection and generating positive social benefits.
- Blockchain-based green reverse logistics is a viable and beneficial model for sustainable development.
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