Sustainable Blockchains for a Sustainable World


The potential of blockchain technology to support sustainable development is well acknowledged while tokenisation is viewed as the key technology to promote and power ESG, impact investment and sustainable finance. Ironically, however, blockchain technology itself faces a sustainability challenge due mainly to the industry's expanding carbon footprint. There is therefore a pressing and urgent need to enhance and develop blockchain technology further and achieve blockchain sustainability. Initiatives in this direction have already commenced (e.g. the Crypto Climate Accord).

This project aspires to contribute to this endeavour. The project has a dual aim:

  • To investigate and develop novel efficient computational resource management algorithms and mechanisms to increase scalability and reduce the energy requirements to achieve decarbonised, sustainable blockchains
  • To demonstrate the robustness of the developed mechanisms in the context of ESG and Impact Investment applications.

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