Blockchain-enabled Circular Economy -- Collaborative Responsibility in Solar Panel Recycling
<|reference_start|>Blockchain-enabled Circular Economy -- Collaborative Responsibility in Solar Panel Recycling: The adoption of renewable energy resources, such as solar power, is on the rise. However, the excessive installation and lack of recycling facilities pose environmental risks. This paper suggests a circular economy approach to address the issue. By implementing blockchain technology, the end-of-life (EOL) of solar panels can be tracked, and responsibilities can be assigned to relevant stakeholders. The degradation of panels can be monetized by tracking users' energy-related activities, and these funds can be used for future recycling. A new coin, the recycling coin (RC-Coin), incentivizes solar panel recycling and utilizes decentralized finance to stabilize the coin price and supply issue.<|reference_end|>
@article{chowdhury2024blockchain-enabled,
    title={Blockchain-enabled Circular Economy -- Collaborative Responsibility in
  Solar Panel Recycling},
    author={Mohammad Jabed Morshed Chowdhury, Naveed Ul Hassan, Wayes Tushar,
  Dustin Niyato, Tapan Saha, H Vincent Poor, and Chau Yuen},
    journal={arXiv preprint arXiv:2403.09937},
    year={2024},
    archivePrefix={arXiv},
    eprint={2403.09937},
    primaryClass={cs.ET}
}