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In addition, profits e. Accurate collaboration between stakeholders modeled through smart contracts. Content can be shared among the stakeholders using smart contracts. Such smart contracts may deal with timestamping any IP disclosure or creation and automate corrective actions when unauthorized IP usage, IP infringements, and disclosure happen, acting as signed NDAs [ 25 ].

Furthermore, incentivized and rewarding mechanisms can be established e. Open data. It means the availability of data to all the stakeholders with a high degree of privacy i. Regulatory compliance.

It involves back-office processes mostly burdensome and inefficient to report to regulatory bodies. It also enables new open governance models. Currently there are few examples of academic research on the use of blockchain for SDGs. This section provides some relevant use cases of blockchain-based applications toward each of the SDGs. Such use cases are summarized in Figure 1. Access to credit and financial services e.

For instance, crowdsourcing and crowdlending platforms can also ease financial inclusion. Blockchain can help to increase the efficiency, traceability, and transparency of these financial processes [ 27 ]. Moreover, micro-transactions and automatic funding through forecast-based financing [ 28 ] can be implemented jointly with smart contracts and big data analytics.

Such models can provide more efficient funding, since no additional intermediaries are required and some procedures can be substantially simplified. According to [ 29 ], For instance, only 6 of such countries represent Nevertheless, a substantial percentage of the assistance was and is today lost due to fraud and corruption.

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Blockchain can be applied to provide tracking of the funds and to reduce cyberattacks. The authors of [ 28 ] highlight the need for ethical guidelines i. In , the World Food Programme WFP [ 30 ] developed a proof of concept PoC in Sindh Pakistan named Building Blocks to evaluate blockchain for authentication and registration of transactions without financial intermediaries.

Refugees have restrictions to open bank accounts and limited choices regarding the access and spending of their cash assistance. Building Blocks was also deployed with the aid of a biometric authentication system i. Sustainable food production systems along their life cycle can be guaranteed with the traceability properties of blockchain e.

In Yue et al. In addition, blockchain can be used for managing data more efficiently during public health diseases. For instance, with the current rapid spread of the coronavirus disease COVID pandemic, a blockchain-based monitoring and traceability system can help to automatically identify unsafe areas by using geographic information and provide real-time information about patients e.

As a result, it may keep communities from further infections and ensure or even certify that some locations e. For the implementation of such an application, cybersecurity and privacy i. Disease control may also depend on the ability of organizations e. It must also be noted that richer countries are better prepared than poorer countries to identify a virus outbreak, to face infection with public health contingency plans, and to minimize the socioeconomical impact.

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The authors of [ 32 ] have thoroughly reviewed the utilization of emerging technologies like blockchain, IoT, and fog and edge computing for improving education. Examples of applications include record verification [ 33 ], the management of digital copyright information [ 34 ], or the design and evaluation of novel learning approaches [ 35 , 36 , 37 ]. For instance, Sony Global Education [ 38 ] is an educational platform that uses Hyperledger Fabric to guarantee the authenticity of the student transcripts.

Another commercial example is Learning Machine [ 39 ], a company that has created an open peer-to-peer infrastructure to issue digital records that can be easily shared and verified.

The system is not only devoted to educational institutions: governments and companies can also issue blockchain-based records at scale, rooted in any blockchain they select. Easier access to financial services e. Such a financial infrastructure reduces the cost of cross-border payments and the risk of lending. It must be noted that blockchain implies the use of Information and Communication Technologies ICT , which can contribute to increase access to literacy.

Furthermore, the inner characteristics of blockchain remove trust issues and enable the creation of new types of governance that may create equal opportunities for women leadership. Sustainable and efficient water management systems involve the use of sophisticated IoT architectures that optimize consumption and availability. Such architectures may be subject to security attacks e. Therefore, it is important to cyber-secure these systems and minimize the reliance on cloud-centered architectures that, when the server is down, may derive in the unavailability of the service. In addition, the communication between IoT devices within a decentralized architecture allows for avoiding single points of failure and enables the use of autonomous IoT transactions in a secure manner, thus guarantying tamper-proof data, visibility, and transparency in water trading [ 41 ].

The authors of [ 42 ] study blockchain-based smart grid sustainable local energy markets. These systems enable cost-efficient micro-transactions, avoid central intermediaries, and promote reliability and equality among the different involved agents. Blockchain has the ability to promote economic growth by enabling free trade.

For instance, it also has the potential to optimize global financial infrastructure in terms of asset transfer and operative costs. In addition, it may ease new types of economic organization and governance e. In Davidson et al.

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When evaluating such an example, they introduce a wide range of perspectives to be considered, such as the problem of contractual enforcement, efficient institutions, governance, or even the constitutional characteristics of a nation. The Industry 4.

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Supply chain traceability has been traditionally performed by wireless technologies like radio-frequency identification RFID [ 44 ], which can be enhanced with additional security capabilities [ 45 ]. The next step forward is the so-called smart label [ 46 ], which adds novel features like event detection, interaction, and IoT capabilities.

Such IoT solutions link cyber and physical worlds while enabling tracking and monitoring of assets and processes. Thus, blockchain goes one step further, making feasible end-to-end transparency in global supply chains. Business data can be shared rapidly between the different stakeholders across a trusted network [ 13 ].

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In addition, smart contracts provide lower transaction costs by avoiding the intervention of intermediaries and third parties. Ultimately, the ambition is to achieve Sustainable Supply Chain Management SSCM , aiming to reduce the social and environmental impacts in global supply chains [ 47 ]. It is worth mentioning that, although research suggests that the combined use of blockchain and IoT devices will add significant value in supply chain, it will also impose some additional constraints in terms of computing power and power efficiency [ 6 ].

There are a number of supply chain projects deployed worldwide. For instance, Walmart, together with IBM, has developed a blockchain-based traceability system with Hyperledger Fabric [ 48 ]. In October , they started with a PoC that tracked two items that were shipped to multiple stores. Before that, when a product had an issue e. The shared database is able to capture attributes at the level of an individual package to take informed decisions. Cloud mining is just like gold digging. Purchase alot of Power and you will earn alot. All forex trades involve two currencies because you're betting on the value of a currency against another.

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