Blockchain for Growth: Applying DLTs to the UN Sustainable Development Goals

Jane Thomason
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Jane Thomason: Centre for Blockchain

Chapter Chapter 6 in Disintermediation Economics, 2021, pp 93-110 from Springer

Abstract: Abstract The digital age is here. It is incumbent upon governments and the international community to explore how to marshall its benefits for the SDGs. Blockchain offers potential benefits for poverty, hunger, health, gender inequality, clean water, affordable clean energy, climate and partnerships for the global commons. 2019 saw the stabilizing and maturing of the Blockchain industry, becoming more about what the technology enables. 2020 will be the year that blockchain goes enterprise—research and development projects will bear results. The areas where major blockchain progress is taking place are as diverse as the applications they are creating. The global nature of Blockchain’s development can help distribute opportunities for wealth creation and economic development more widely than before. It is important for governments to develop the right policies to harness the potential benefits of this technology while mitigating its risks and potential for misuse. To do so, it is essential for countries to cooperate in order to share best practices and ensure interoperability. This chapter summarizes the many applications of Blockchain in contributing to widespread social transformation and enabling traction against the SDGs, focussing on emerging economies. It also discusses barriers and enabling factors to achieve such a transformation.

Date: 2021
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DOI: 10.1007/978-3-030-65781-9_6

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