There’s a widespread distrust in existing systems due to non-transparent processes, biased data and misinformation. Decision-making power is centralized. 31 of the top 50 global assets by market cap are US companies. One solution doesn’t fit it all; Innovation and Technology Development targets must be tailored based on Geographic and Environmental characteristics such as energy needs, natural resources, land features, proximity to oceans, and biodiversity.
Europe is leading the progress towards UN’s Sustainable Development Goals, aiming to reduce the dependance on Russian gas and Middle Eastern oil. Despite being the largest producer of BEVs, China is still far from achieving carbon neutrality. This policy incoherence across different sectors and regions, driven by varying economic and political interests, hinders sustainable initiatives and fosters society resistance to change.
The role of Blockchain Technology:
- Transparency: It features immutable records that are accessible to all stakeholders, ensuring data integrity and trust.
- Decentralization: It empowers individuals and local communities to have a say in initiatives, resulting in more balanced and sustainable outcomes. Distributing the decision-making power promotes globalization!
- Global Integration: It operates globally without borders, enabling sharing of resources and information, as well as seamless collaboration across regions.
- Autonomous Governance: It allows organizations to create and operate proposals in a system without reliance on political will, ensuring decisions are made based on mathematical consensus and predefined rules.
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