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A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development
Abstract
The solutions made possible by blockchain technology, and crypto assets, are changing the dynamics of many industries. Blockchain technology, which is the subject of discussion with the constructive destruction and energy consumption it triggers, offers a global and inclusive vision that serves sustainability. In this article, a discussion is presented on the effects of blockchain technology, on the environment, economy and society, which are the three main areas of sustainable development. It can be said that blockchain technology has positive and negative effects on these three main areas. Providing the opportunity to create collective value and support social impact projects with a focus on sustainable society, this technology also enables the democratic management of data. Blockchain technology, which allows the development of new business models with a focus on sustainable economy, has the potential to increase financial inclusion. While blockchains working with proof-of-work method have the potential to harm the environment with high energy consumption, blockchains working with different methods can reduce energy consumption. At the same time, studies that will increase the use of renewable energy resources in mining continue, and it is foreseen that the negative effects of this technology on the sustainable environment can be eliminated.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Publication Date
December 24, 2021
Submission Date
November 10, 2021
Acceptance Date
December 23, 2021
Published in Issue
Year 2021 Volume: 3 Number: 2
APA
Gül Şenkardeş, İ. Ç. (2021). A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development. Bilgi Ve İletişim Teknolojileri Dergisi, 3(2), 243-262. https://doi.org/10.53694/bited.1021926
AMA
1.Gül Şenkardeş İÇ. A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development. Journal of Information and Communication Technologies. 2021;3(2):243-262. doi:10.53694/bited.1021926
Chicago
Gül Şenkardeş, İnci Çağla. 2021. “A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development”. Bilgi Ve İletişim Teknolojileri Dergisi 3 (2): 243-62. https://doi.org/10.53694/bited.1021926.
EndNote
Gül Şenkardeş İÇ (December 1, 2021) A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development. Bilgi ve İletişim Teknolojileri Dergisi 3 2 243–262.
IEEE
[1]İ. Ç. Gül Şenkardeş, “A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development”, Journal of Information and Communication Technologies, vol. 3, no. 2, pp. 243–262, Dec. 2021, doi: 10.53694/bited.1021926.
ISNAD
Gül Şenkardeş, İnci Çağla. “A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development”. Bilgi ve İletişim Teknolojileri Dergisi 3/2 (December 1, 2021): 243-262. https://doi.org/10.53694/bited.1021926.
JAMA
1.Gül Şenkardeş İÇ. A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development. Journal of Information and Communication Technologies. 2021;3:243–262.
MLA
Gül Şenkardeş, İnci Çağla. “A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development”. Bilgi Ve İletişim Teknolojileri Dergisi, vol. 3, no. 2, Dec. 2021, pp. 243-62, doi:10.53694/bited.1021926.
Vancouver
1.İnci Çağla Gül Şenkardeş. A Discussion On The Effects Of Blockchain Technology Within The Context Of Sustainable Development. Journal of Information and Communication Technologies. 2021 Dec. 1;3(2):243-62. doi:10.53694/bited.1021926
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