{"id":13442,"date":"2021-06-21T08:01:00","date_gmt":"2021-06-21T06:01:00","guid":{"rendered":"https:\/\/staging.gstic.org\/?p=13442"},"modified":"2022-03-18T09:30:36","modified_gmt":"2022-03-18T08:30:36","slug":"how-to-transition-to-a-digital-circular-economy","status":"publish","type":"story","link":"https:\/\/www.gstic.org\/expert-story\/how-to-transition-to-a-digital-circular-economy\/","title":{"rendered":"How to transition to a digital circular economy?"},"content":{"rendered":"\n
The circular economy is a cornerstone of the European Green Deal. Aimed at renewing existing production and consumption systems, circular economy focuses on optimising the functionality of products and materials, maintaining this functionality for as long as possible and minimising the production of waste and residues.<\/p>\n\n\n\n
As digital technologies allow to create and process data and information required for circular business models and the complex demands of circular supply chains, they are an enabler for upscaling the circular economy. The circular goals of optimising functionality on the one hand and developing products-as-a-service, on the other hand, call directly upon digital technologies such as functional electronics, distributed ledger and Internet of Things. The aim of dematerialisation is closely related to the development of digital technologies such as digital twins, artificial intelligence and virtual reality. At the same time, the circular economy provides the necessary long-term sustainability vision that is needed to upscale the digital industry. <\/p>\n\n\n\n
In the run-up to the 2020 edition of the G-STIC conference, we worked closely together with experts from research and technology organisations that are part of ECERA<\/a>, the European Circular Economy Research Alliance. ECERA is a voluntary collaboration network that aims to strengthen and integrate scientific knowledge and expertise in the field of Circular Economy from an interdisciplinary perspective.<\/p>\n\n\n\n As a meeting place for circular economy experts, ECERA provided us with the proper setting for writing a white paper on the digital circular economy. With this white paper, we want to strengthen the link between the digital and circular expert communities, and, as a first critical step, provide a common vocabulary. <\/p>\n\n\n\n