ISSUE #9 | 2023
Blockchain is not merely a technological innovation: it can serve as a catalyst for transformative change that aligns with the global imperative to create a more sustainable world. In this issue of Amplify, we delve into the intricate connections between blockchain technologies and sustainability, highlighting how transparency, traceability, and decentralization can empower individuals and organizations to address pressing sustainability issues.
Sustainability Impact of Blockchain: High Hopes & Great Fears
The complex concepts of blockchain and sustainability are both comprehensive and frequently misunderstood. In this article, Horst Treiblmaier illustrates how blockchain technology offers a multitude of capabilities (e.g., immutability of data, shared access, programmability, security) that can yield numerous beneficial outcomes for sustainability efforts.
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Forest Stewardship Council’s Blockchain: Verifying Material Trade Compliance Across Supply Chains
The Forest Stewardship Council, governed by a global network of more than 1,000 individuals and member organizations, has been testing and applying blockchain since 2021 to enable sustainability with forest-based materials and has found that blockchain’s traceability helps it achieve integrity and credibility for its certification system. Michael Marus, CIO and director of IT at the Forest Stewardship Council, provides exciting details about the organization’s practical experiences and offers his outlook on how blockchain might provide further value in the future.
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