Enhancing Sustainable Development Through Blockchain and Artificial Intelligence

Abstract

In today's global landscape marked by environmental degradation and limited resources, the pursuit of sustainable development has evolved as a critical necessity. Leveraging digital technologies represents a promising pathway to attain this goal by potentially decoupling economic growth from its environmental impact. Nonetheless, it is paramount to ensure that the design and governance of these technologies align closely with environmental priorities. This paper delves into the exploration of how blockchain and artificial intelligence (AI) can play pivotal roles in increasing supply chain coordination and mitigating environmental impacts. These technologies also have the potential to incentivize recycling, promote circular business models, facilitate carbon accounting, and support offsetting initiatives. To fully harness these benefits, it is imperative to implement these technologies within inclusive collaborative frameworks that consider social and ecological factors.