Blockchain Technology Use to Streamline Climate Investment
Surabhi Sugathan · Advances in finance, accounting, and economics book series · 2023
The main objective of this chapter is to contour the climate investing by implementing blockchain technology, which will lead to transparency within the network. Climate investing aids the companies that are involved in reducing carbon emissions, subsidising the usage of fossil fuels and manufacturing alternate options. This investment will be directly propositional to the “green revolution,” which the Indian government is making efforts towards. Blockchain technology will help towards this investment by creating a transparent and secured network that is impossible to hack. The database management will be designed using the latest programming techniques, which may also include artificial intelligence. Climate finance includes the financial resources which has been used to support the sustainability and climate change.