Leveraging Blockchain for Sustainability and Open Innovation: A Cyber-Resilient Approach toward EU Green Deal and UN Sustainable Development Goals
Paula Fraga‐Lamas, Tiago M. Fernández‐Caramés
Abstract
In 2015, the United Nations (UN) member states identified 17 Sustainable Development Goals (SDGs) to be fulfilled by 2030. SDGs are an urgent global call for action to provide a blueprint for shared prosperity in a sustainable world. At a European level, in December 2019, the European Green Deal was presented, a roadmap to implement the UN 2030 agenda with a commitment to a growth strategy that will turn environmental challenges into opportunities across all policy areas. To achieve these SDGs, blockchain is one of the key enabling technologies that can help to create sustainable and secure solutions, since it is able to deliver accountability, transparency, traceability, and cyber-resilience, as well as to provide a higher operational efficiency in global partnerships. This chapter overviews the potential of blockchain to face sustainability challenges by describing several relevant applications. Finally, different open challenges and recommendations are enumerated with the aim of guiding all the stakeholders committed to the development of cyber-resilient and high-impact sustainable solutions.