University of Wolverhampton
Blockchain with smart contract for reverse shopping of retail industry branded plastic packaging
Abstract
dc:description.abstractRetail industries use an enormous number of plastics, especially packaging. "Reverse Shopping," that is, the returning of branded plastic packaging to the point of purchase (respective retail brands) by deploying blockchain with smart contracts, is our research focus. Employing a local blockchain, implemented in a basic format to store records of collected plastic packaging matched by the smart contract when returned, which also incorporates a reward mechanism courtesy of digital 'coin offerings' (cryptocurrency). To date, both blockchain and smart contracts are operationally standalone in this regard. We are proposing an innovative design model that advocates for (a) Including reverse shopping on retail industries' branded plastic packaging (as opposed to third-party collection points, such as recycling bins). (b) Fostering a 'reverse order' between retailers and manufacturers, like that between retailers and consumers. (c) Aid ethical and transparent sustainability.
Degree
thesis:*- Name dc:type.qualificationname
- PhD
- Grantor dc:publisher.institution
- University of Wolverhampton
- Year dc:date.issued
- 2025
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Otu, Abasifreke Ifreke
- Advisor dc:contributor.advisor
-
- Pervez, Zeeshan