4.7 Article

A (new) role for business-Promoting the United Nations' Sustainable Development Goals through the internet-of-things and blockchain technology

Journal

JOURNAL OF BUSINESS RESEARCH
Volume 131, Issue -, Pages 598-609

Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2020.11.066

Keywords

Internet-of-things; Blockchain; Sustainable development goals; Innovation

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The article outlines the business opportunity of utilizing measurement technology connected to the internet, such as the internet-of-things (IoT), to input information into blockchains and incentivize contributions towards the United Nations' Sustainable Development Goals (SDGs). Businesses, both existing and new, could exploit these opportunities to inspire engagement from employees, volunteers, donors, and other participants. Additionally, the article provides a conceptual framework for how businesses can facilitate the measurement of SDGs and instill trust in these measurements through technology.
We outline the business opportunity for the provision of measurement technology, linked to the internet, i.e. the internet-of-things (IoT), which feeds information into blockchains, providing reliable and trusted data and an incentive for others to contribute towards progress on the United Nations' Sustainable Development Goals (SDGs). Both existing businesses and start-ups could exploit these new opportunities, which could inspire the participation of employees, volunteers, donors, and other participants. We provide a conceptual framework for the different ways business can play a role in facilitating measurement of SDGs, and trust in these measurements, by harnessing technology.

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