Distributed Ledger Technology selection for Digital Battery Passport: A BWM-TOPSIS approach

Abstract

The growing demand for electric vehicles necessitates an efficient and sustainable life-cycle management of lithium-ion batteries. This work examines existent literature on digital battery passports, crucial for high-quality data for decision-making purposes, and distributed ledger technologies as transparent and efficient enablers. An hybrid BWM-TOPSIS approach is employed to rank various platforms for digital passport implementation in an automotive company. The analysis identifies Hedera as the most suitable ledger, followed by IOTA and EOS. Future research directions include empirical validation of the findings and exploring collaborative decision-making models to enhance the robustness of the selection process.