Harnessing Blockchain for Sustainable Development

United Nations Conference on Trade and Development / Division on Technology and Logistics (author)

ISBN 10: 9211130204 / ISBN 13: 9789211130201

Published by United Nations, US, 2022

In an increasingly digitalized economy and society, the security and accountability of data transactions are critical elements for creating trust and enabling breakthrough innovations in the digital world. In this regard, blockchain technology could be a game-changer, with the potential to revolutionize processes from finance to pharmaceutical industries, from public services to humanitarian work and development aid. The blockchain serves as the base technology for cryptocurrency, enabling open (peer-to-peer), secure and fast transactions. It can be used in many applications that could contribute to sustainable development. This publication explores how blockchain is potentially a key technology in a new technological paradigm of increasing automation and integrating physical and virtual worlds. Similar moments in the past technological revolutions offered windows of opportunity for some developing countries to catch up and others to forge ahead. Therefore, governments of developing countries should seek to strengthen their innovation systems to strategically position themselves to benefit from this new wave of technological change. Seller Inventory # LU-9789211130201

Synopsis:

In an increasingly digitalized economy and society, the security and accountability of data transactions are critical elements for creating trust and enabling breakthrough innovations in the digital world. In this regard, blockchain technology could be a game-changer, with the potential to revolutionize processes from finance to pharmaceutical industries, from public services to humanitarian work and development aid. The blockchain serves as the base technology for cryptocurrency, enabling open (peer-to-peer), secure and fast transactions. It can be used in many applications that could contribute to sustainable development. This publication explores how blockchain is potentially a key technology in a new technological paradigm of increasing automation and integrating physical and virtual worlds. Similar moments in the past technological revolutions offered windows of opportunity for some developing countries to catch up and others to forge ahead. Therefore, governments of developing countries should seek to strengthen their innovation systems to strategically position themselves to benefit from this new wave of technological change.

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Bibliographic Details

Title: Harnessing Blockchain for Sustainable ...
Publisher: United Nations, US
Publication Date: 2022
Binding: Paperback
Condition: New