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Blockchain for Good? Digital Ledger Technology and Sustainable Development Goals

Adams, R., Kewell, B. and Parry, Glenn (2018) Blockchain for Good? Digital Ledger Technology and Sustainable Development Goals In: Handbook of Sustainability and Social Science Research. World Sustainability Series . Springer, pp. 127-140. ISBN 2199-7373

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Blockchain technology (aka Distributed Ledger Technology or DLT) is a novel configuration of Peer-to-Peer, cryptographic and distributed computing technologies that have the potential to shift the internet from an internet of information to an internet of value network, with significant disruptive potential. To date, the cryptocurrency 'bitcoin' is the application of DLT that has attracted most attention, not all of it favourable. However, DLTs are about much more than cryptocurrencies and, as Kranzberg's (1986) first law of technology, that 'Technology is neither good nor bad; nor is it neutral' reminds us, we can ethically frame applications of new technologies. To date, research has tended to focus on the technical characteristics of DLTs, and there has been little reflection on potential socially and environmentally beneficial use cases: Blockchain for Good (B4G). The aim of this this exploratory and descriptive paper is to reflect on innovative B4G applications that could help deliver socially and environmentally beneficial outcomes, framed in terms of the UN's Sustainable Development Goals, through challenging existing business models and providing new opportunities for value creation.

Item Type: Book Section
Divisions : Faculty of Arts and Social Sciences > Surrey Business School
Authors :
Adams, R.
Kewell, B.
Editors :
Leal Filho, Walter
Marans, Robert W.
Callewaert, John
Date : 2018
DOI : 10.1007/978-3-319-67122-2_7
Copyright Disclaimer : © 2018, Springer International Publishing AG.
Depositing User : Diane Maxfield
Date Deposited : 29 Jan 2020 16:29
Last Modified : 29 Jan 2020 16:29

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