Scaling Up “Sustainability Development”

Abstract

Blockchains are currently recognized as a new area of digitization with difficulties in attaining sustainability. The research has not yet produced a unified framework for understanding the characteristics of blockchains that allow the development of financial trading markets over the long term. The topic of how blockchains support the growth of sustainable financial trading platforms and services still exists. A qualitative and iterative investigation was done to compile the basic concepts found in the literature to provide a conceptual framework with four sustainability themes and eleven types of affordances. The results are significant because they show how closely related these categories are, leading to conflicts between various sustainability-related concepts.

The role of blockchain technology in advancing sustainable energy with security settlement: enhancing security and efficiency in China’s security market

“…The traditional securities settlement system in China is hindered by the monopoly of registration and settlement, which can result in delays and increased costs for market participants. However, blockchain technology offers a solution to these problems through its distributed nature, high level of data authenticity, programmability, and scalability (Rella, 2019;Liu et al, 2022;Parmentola et al, 2022;Plevris et al, 2022;Rani et al, 2023). In addition to enhancing security and efficiency in China's securities market, blockchain technology has the potential to enable the development of a more sustainable energy future.…”

“…Given the development of blockchain technology in China, if blockchain can be applied to securities registration and settlement to optimize traditional securities registration and settlement, then the aforementioned problems can be effectively solved. This article intends to analyze the risks of blockchain technology application on traditional securities registration and settlement and propose suggestions to confirm blockchain technology in legislation, balance technological innovation and settlement security, improve the regulatory path of blockchain securities settlement, and actively respond to the challenges of securities settlement (Bhutta et al, 2022;Parmentola et al, 2022;Saari et al, 2022;Viriyasitavat et al, 2022;Kalaiarasi and Kirubahari, 2023;Rani et al, 2023). As an important concept of Bitcoin, blockchain is essentially a decentralized database, which is actually a series of data blocks.…”