Business clusters’ conversion to blockchains and development of sustainable products

Abstract

As the conjuncture of the business system in countries or different regions changes, sustainability ideas play a significant role. This presentation describes the usage of blockchain technology-based sustainable systems that not only allows tracing the emergence of green solutions, but also contributes to the development of sustainable business performance. Biomass market can essentially operate in clusterization principles – various regions provide different supply, transportation, burning business. In general, market is particularly composed of huge amount of subjects. Most of them belong to biomass preparation. Biomass energy market products are different, and it can be classified in two groups – primary and final products. Primary products lead to final product energy production. These are various types of organic wastes, which may be burning or decay. From them final products are obtainable, which later sale as energy. The cost price of the final product depends primarily on product type. Consequently, new biomass types emerge, which are gotten from manufactory wastes. Later they are used in energy production.