Blockchain Technology for Environmental Compliance: Towards A 'Choral' Approach

Allena, Miriam

doi:10.2139/ssrn.3456977

Cited by 2 publications

(4 citation statements)

References 6 publications

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“…Research focused on environmental conservation. Luna et al, 2024;Dehshiri and Amiri, 2024;Arshad et al, 2023;Tyagi, 2023;Yang et al, 2023;Naqash et al, 2023;Rodríguez 2023;Waqar, 2023;Singh et al, 2023;Sipthorpe et al, 2022;Jiang and Zheng, 2021;Park and Li, 2021;Kim et al, 2021;Richardson, 2020;Allena, 2020;Schulz et al, 2020 Sustainable Agriculture…”

Section: Review Of the Relevant Literaturementioning

confidence: 99%

“…It ensures a decentralized and unalterable ledger of emissions data and adherence to environmental regulations. Governments can manage environmental subsidies and penalties with BT, ensuring policy implementation is transparent and efficient (Luna et al, 2024;Allena, 2020;Schulz et al, 2020). The promotion of open and accountable governance contributes to the achievement of SDG 13 and SDG 16 (Peace, Justice, and Strong Institutions).…”

Section: Environmental Policy Compliance and Governancementioning

confidence: 99%

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Blockchain Technology as a Catalyst for Sustainable Development: Exploring Economic, Social, and Environmental Synergies

Thanasi Boçe,

Hoxha

2024

Acad. J. Interdiscip. Stud.

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This paper explores the transformative potential of blockchain technology (BT) as a catalyst for sustainable development, addressing the tri-fold aspects of environmental, economic, and social sustainability. Through a comprehensive review and theoretical framework, it delves into how BT can significantly contribute to achieving the United Nations Sustainable Development Goals (SDGs). The study highlights BT's role in enhancing transparency, ensuring product traceability, and promoting resource efficiency, thereby facilitating a more equitable economic growth and environmental stewardship. By examining various applications of BT across industries including supply chain management, renewable energy, and conservation efforts, the paper illustrates BT's capability to reduce carbon emissions, improve resource allocation, and support sustainable business practices. Furthermore, it identifies challenges such as scalability, energy consumption, and regulatory hurdles, proposing strategic recommendations for overcoming these obstacles. The research emphasizes the need for collaborative efforts among stakeholders, including policymakers, practitioners, and researchers, to leverage BT effectively for sustainable development. It contributes to both theoretical understanding and practical implementation of blockchain as a powerful enabler for sustainability, offering insights for future research and policy-making in this evolving domain. Received: 1 December 2023 / Accepted: 19 February 2024 / Published: 5 March 2024

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Section: Review Of the Relevant Literaturementioning

confidence: 99%

Section: Environmental Policy Compliance and Governancementioning

confidence: 99%

Blockchain Technology as a Catalyst for Sustainable Development: Exploring Economic, Social, and Environmental Synergies

Thanasi Boçe,

Hoxha

2024

Acad. J. Interdiscip. Stud.

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“…No one can forge this operation once a transaction is concluded via a smart contract. The technological explanation behind this characteristic is that 'smart contracts are copied to each node of the blockchain network' (Szabo, 1996) and that 'any attempt to interfere with an entry after it has been recorded will leave a trace' (Allena, 2020(Allena, , p. 1058. In principle, this makes it impossible to make modifications or changes to any node, all of them being connected.…”

Section: The 'Hype' Of Smart Contracts and Their Legal Regimementioning

confidence: 99%

“…In the following sections, we will establish a conceptual framework for our analysis (2), we will explain the legal regime of public smart contracts (3), and we will analyze the possible use of blockchain in the public procurement at the two stages: contract award (4) and contract execution (5), and we will draw some conclusions (6).…”

Section: Introductionmentioning

confidence: 99%

The Legal Regime of Smart Contracts in Public Procurement

SAVA

DRAGOȘ

2022

TRAS

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This article attempts to critically review the applications of smart contracts in public procurement. The literature on the topic is characterized by an emphasis on potential advantages and uses of this emerging technology, while it lacks in the concrete practical implementations of smart contracts in public procurement. In this context, we wish to realistically outline the legal regime of smart public procurement contracts. For this, we analyze the potential use of blockchain and smart contracts in public procurement at two stages: contract award and contract execution. Our article also discusses case studies of smart public procurement contracts, in order to assess their compatibility with and their impact on the EU public procurement system.

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Blockchain Technology for Environmental Compliance: Towards A 'Choral' Approach

Cited by 2 publications

References 6 publications

Blockchain Technology as a Catalyst for Sustainable Development: Exploring Economic, Social, and Environmental Synergies

Blockchain Technology as a Catalyst for Sustainable Development: Exploring Economic, Social, and Environmental Synergies

The Legal Regime of Smart Contracts in Public Procurement

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