Blockchain Technology and Industry 5.0 synergy for sustainable development in RMG industries: an ISM and fuzzy DEMATEL approach

Abstract

Abstract This research explores the contribution of Blockchain Technology and Industry 5.0 in driving sustainability within Bangladeshi Ready-Made Garments (RMG) industry, with a focus on alignment with key Sustainable Development Goals (SDGs). The study employs Interpretive Structural Modeling (ISM) and fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) methods to identify and analyze 14 critical synergies that can drive sustainability. The ISM analysis categorizes the synergies into independent, dependent, and linkage variables, providing insights into their roles and significance within the system. Fuzzy DEMATEL further refines this understanding by evaluating the direct and indirect relationships among the linkage synergies. Key findings reveal the importance of synergies such as reverse logistics and recycling, supply chain collaboration & visibility and ethical practices in driving sustainability. This research contributes by offering a detailed analysis of how the synergy between Blockchain technology and Industry 5.0 can enhance sustainability practices in the RMG industry, providing actionable insights into the technological transformation of supply chain dynamics in support of global sustainability targets.

Keywords

• Blockchain Technology
• Industry 5.0
• Sustainable development
• RMG industry
• Interpretive Structural Modeling
• Fuzzy DEMATEL