ABSTRACT
This chapter explores the application of blockchain technology to address environmental sustainability challenges through smart contracts. It begins by discussing the intersection of blockchain and environmental sustainability, highlighting the potential of blockchain technology to create transparent and accountable systems for tracking environmental impact.
The chapter outlines the different dimensions of environmental sustainability and how blockchain technology can contribute to achieving sustainability goals. The roles of blockchain in environmental sustainability are examined in detail, including its ability to facilitate data sharing, reduce fraud and corruption, and increase transparency in supply chains.
The basics of contracts and smart contracts are then introduced, with a focus on how these technologies can be applied in the context of blockchain to create more efficient, secure, and transparent systems. The chapter explores the applications and techno convergence of blockchain and smart contract in various sectors including energy, waste management, and agriculture.
The chapter summarizes the potential of blockchain and smart contract technology to drive environmental sustainability and highlights the need for further research and innovation in this field. It is suggested that blockchain technology has the potential to revolutionize how we approach sustainability challenges, and smart contracts may play a crucial role in enabling this change.
