Blockchain for Sustainable Development Enhancing Transparency and Accountability in SDG Implementation
DOI:
https://doi.org/10.64252/gyx7sc75Keywords:
Blockchain, Sustainable Development Goals (SDGs), Transparency, Accountability, Smart Contracts, Decentralization, Digital Governance, Traceability, Development Monitoring.Abstract
Blockchain technology has turned out to be a radical digital platform that can have an influence on the way global development goals are being monitored, tracked, and implemented. As the Sustainable Development Goals (SDGs) establish a global agenda on equitable growth, care of the environment, and inclusion within the society, the society has never needed transparent, unchangeable and accountable mechanisms of governance and monitoring than in this moment. The paper examines how the blockchain can be integrated into the framework of the sustainable development, especially with regard to its ability to increase the level of transparency, remove the possibility of data alteration, provide better tracking of resources, and promote the responsibilities of stakeholders. With the assistance of analytical and methodological overview of blockchain applications within different pillars of SDGs, namely poverty reduction, clean energy, quality education, and climate action, the work determines exact frameworks and pilot implementations. Findings indicate that blockchain-based systems suffer porn and boost trust among stakeholders and result to verifiable audit tracks. The research paper draws its conclusions by pointing out the feasibility and flexibility of blockchain on the implementation of SDGs, and also citing technological, infrastructural, and regulatory obstacles that have to be overcome.