Blockchain Technologies for Eco-Friendly & Green Digital Organizational Transformation: Impact, Trends and Issues

Abstract

Purpose: The blockchain technology is one of the answers to this trust problem. It is a distributed, append-only ledger kept on several independent computers that allow multiple parties, for example a farmer, a shipper, a retailer and an auditor, to enter and disseminate data regarding a transaction without any single party being able to alter the record without anyone's knowledge following the entry. This paper is about the finding the impact and values of Blockchain technologies in contemporary business with green and eco-friendly solutions.

Methodology: This work is theoretical in nature and prepared based on existing literature related to the Blockchain technologies in business and organizations and thus existing works are collected, analyzed and documented in this work as theoretical and policy work.

Findings: This work reveals that Blockchain technologies are impactful in new age business transformation digitally using emerging technologies and intelligent systems. It has observed that Blockchain uses in business helps in green and ecological development.

Originality/Value: This paper is interdisciplinary in nature and theoretical and it is value addition to the existing knowledge considering as theoretical, policy-based works for the business houses and technological solutions providers for the digital transformation.

Type of the Paper: Exploratory Analysis.