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Prabandhan: Indian Journal of Management

ISSN: 0975-2854 Frequency: Monthly Peer Review: Double-blind Published since: 2008 Language: English
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Circular Economy and Blockchain Technology : Pathways to Economic, Social, and Environmental Sustainability

Subscription Original Article

Circular Economy and Blockchain Technology : Pathways to Economic, Social, and Environmental Sustainability

Tavishi Tewary1,  Vranda Jain2

1 Assistant Professor , FORE School of Management, New Delhi

2 Associate Professor, Jaipuria Institute of Management, A-32, Sector 62, Noida - 201 309, Uttar Pradesh

Volume 19
Issue 2
Pages 27–44
Year 2026
Received: Sept. 10, 2025 Accepted: Jan. 15, 2026 Published: Feb. 15, 2026
Abstract

Purpose : The study investigated how blockchain technology (BCT) connects circular economy practices with economic, social, and environmental sustainability, addressing the limited empirical evidence on how digital technologies configure circular initiatives and shape multidimensional sustainability outcomes.

Methodology : The proposed model was tested using partial least squares structural equation modeling on survey data collected from 176 respondents across three Indian states.

Findings : Circular economy practices were strongly related to the level of BCT adoption and exerted a direct positive influence on economic, social, and environmental sustainability, while blockchain adoption itself positively affected all three sustainability dimensions and partially mediated the relationship between circular practices and sustainability outcomes.

Implications : The results underscored the need for complementary digital investments alongside circular economy strategies to realize system-wide and scalable sustainability benefits, offering guidance for practitioners and policymakers pursuing sustainable development.

Originality : The study advanced sustainability and digital transformation literature by empirically integrating circular economy practices and BCT into a unified framework that links digitalization with multidimensional sustainability performance.

Keywords circular economy blockchain technology sustainability performance economic sustainability social sustainability environmental sustainability digital transformation
How to Cite

Tavishi Tewary, Vranda Jain (2026). Circular Economy and Blockchain Technology : Pathways to Economic, Social, and Environmental Sustainability. Prabandhan: Indian Journal of Management, 19(2), 27–44. https://doi.org/10.17010/pijom/2026/v19i2/175043

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