Blockchain tech makes sustainable development goals more achievable
Blockchain technology will turn the table by improving the measuring, reporting and verification processes of development projects. United Nations Secretary-General António Guterres estimates trillions of U.S. dollars per annum is needed to achieve the 2030 Sustainable Development Goals. The question is: “Where would it come from?” Official development aid, philanthropy and public finances cannot suffice, which means the needle is moving toward private capital to fund sustainable development projects.Related: The UN’s ‘decade of delivery’ needs blockchain to succeedBut the gap between....
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Stakeholders and developers must consider the impact of blockchain designs on climate change to make it more sustainable. It is no longer news that the United States has restated its commitment toward lowering carbon emissions and taking an active part in the quest to normalize environmentally friendly measures on the global scene. This drastic shift in policymaking will spur the introduction and establishment of more stringent approaches to climate change. Undoubtedly, the reentering of the United States in the climate change conversation is indicative of the seriousness of this crisis....
A green post-COVID-10 recovery in accordance with the United Nations’ 17 Sustainable Development Goals is possible with blockchain and NFTs. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The United Nations General Assembly (UNGA) is holding its 76th annual meeting between Sept. 14 and 30 to bring countries together at a critical time for marshaling....
An Indian development firm looks to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol incentivizing the use of United Nations sustainable development goals. An ambitious sustainability-based blockchain project has secured $100 million in a Series A funding round to drive its development.Indian entrepreneurs Pratik Gauri and Prateek Dwivedi have spearheaded the foundation of a fifth-generation blockchain network known as 5ire, which looks to incentivize the implementation of United Nations' sustainable development goals (SDGs) for users of....
Blockchain is set to be discussed at a United Nations (UN) meeting on sustainable development today. According to a UN agenda, the meeting in New York will focus on how private-public partnerships could use blockchain (among other tools) to achieve sustainable development goals. The event is being organized by the diplomatic missions from Bangladesh and El Salvador, along with the World Organization of Governance and Competitiveness and New Jersey-based Saint Peter's University. The UN’s 16th Sustainable Development Goal focuses on a variety of areas related to inclusion, transparent....
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation. When the Sustainable Development Goals, or SDGs, were conceived back in 2012, blockchain technology was in its early days. Few could have foreseen the trajectory and the potential of blockchain for advancing these ambitious targets.But today, we see opportunities for blockchain technology to recast conventional approaches to sustainable development — and accelerate progress if deployed responsibly.Macro trends of 2020There are a number of macro trends this year in....