Blockchain and Environmental Sustainability: Case of IBM's Blockchain Water Management

Notes on the 21st Century (CBRI)

9 Pages Posted: 5 Mar 2019

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: February 11, 2019

Abstract

This discussion paper considers the role that blockchain-based technologies can play in advancing initiatives pertaining to environmental sustainability, using the case study of IBM’s water management blockchain development in California. The paper finds that there is substantial room for incorporating blockchain technology into environmental protection and sustainability projects, including in the mitigation of information asymmetry through transparency so as to foster stronger market-mechanisms in the allocation of resources.

Keywords: Blockchain, Bitcoin, IBM, Internet of Things, California, Water Management, Drought, Cap Trade

Suggested Citation

Chohan, Usman W., Blockchain and Environmental Sustainability: Case of IBM's Blockchain Water Management (February 11, 2019). Notes on the 21st Century (CBRI). Available at SSRN: https://ssrn.com/abstract=3334154 or http://dx.doi.org/10.2139/ssrn.3334154

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Rawalpindi
Pakistan

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