TECH & AI
Perhaps this will become the world ’ s new database – an encyclopaedia of corporate and governmental progress .
“ Enterprises are feeling an increased pressure from government directives and consumers alike ,” Aldegren explains . “ Pledging net-zero goals is simply not good enough today , enterprises need to convincingly demonstrate how they will meet their goals and report their progress . Blockchain serves as an easy-to-use digital database system to do just that .”
Adelgren elaborates on this : “ For most enterprises , though , net zero goals will require the ability to both reduce their emissions and establish authentic sources of carbon credits to offset the remaining balance . Ultimately , success will require that they establish trust with all their ecosystem stakeholders – with both transparency and independent verification playing an important role .”
This is where Adelgren positions the blockchain in the future , not only a trusted source , but a secure one at that . Data will be untarnished , kept in its most reputable form .
“ A public blockchain is distinct in the benefits that it delivers . Its inherent immutability is key and establishes the essential foundation of trust . When data is shared on a public distributed ledger , an organisation is also able to create much needed transparency .”
90 February 2024