Figure 3
The diagram illustrates a collaborative approach involving regulation and technology-driven pathways to create a blockchain-powered database for the circular transition of the Australian F&T industry. It includes stages such as the manufacturing stage, importing stage, retail stage, consumption stage, usage stage, recycling stage, and discarding stage. Each stage is connected by arrows indicating the flow of materials and information. The manufacturing stage involves raw material information and recyclable material reports. The importing stage includes compliance, audit information, origin reports, finance, and levy. The retail stage focuses on stock control reports and inventory level information. The consumption stage covers consumption patterns and item ownership. The usage stage details ownership duration and usage details. The recycling stage involves sorting and recycling information and material assessment. Collaborative approach of regulation and technology-driven pathways to create a blockchain-powered database for circular transition of the Australian F&T industry. Source: Authors’ own work