A Digital Contract for Earth System Restoration Mediated by a Planetary Boundary Exchange Unit

10 Pages Posted: 30 Jun 2020

See all articles by Orfeu Bertolami

Orfeu Bertolami

Universidade do Porto - Departamento de Física e Astronomia

Frederico Francisco

Faculdade de Ciências da Universidade do Porto

Date Written: June 3, 2020

Abstract

It is proposed a new governance paradigm for managing the Earth System based on a digital contract inspired on blockchain technology. This proposal allows for a radical decentralisation of the procedures of controlling, maintaining and restoring ecosystems by a set of networks willing to engage in improving the operational conditions of local ecosystems so to contribute to an optimal functioning of the Earth System. These procedures are aimed to improve local Planetary Boundary parameters so that they approach the optimal Holocene reference values, the so-called Safe Operating Space (SOS), via a reciprocal validation process and an exchange unit that internalises the state of the Earth System.

Keywords: Earth System, Digital Contract, Blockchain, Planetary Boundaries

Suggested Citation

Bertolami, Orfeu and Francisco, Frederico, A Digital Contract for Earth System Restoration Mediated by a Planetary Boundary Exchange Unit (June 3, 2020). Available at SSRN: https://ssrn.com/abstract=3618698 or http://dx.doi.org/10.2139/ssrn.3618698

Orfeu Bertolami

Universidade do Porto - Departamento de Física e Astronomia ( email )

Rua do Campo Alegre, S/N
Porto, Porto 4169-007
Portugal

Frederico Francisco (Contact Author)

Faculdade de Ciências da Universidade do Porto ( email )

Rua do Campo Alegre, S/N
Porto, Porto 4169-007
Portugal

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