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Why Blockchain for Good?

The blockchain community is joining together to tackle many challenges to improve the way we work and live. Two of the biggest are sustainability and identity. Blockchain opens up new opportunities to positively impact the environment, ethical trade, fair work practices and human rights.

Consider this: More than 1.1 billion people have no officially recognized proof of identity. As a result, these individuals are excluded from basic social services such as education, healthcare, voting—even qualifying for a bank account and securing housing. They are often forced to live on the margins of society—vulnerable to violence and exploitation, including human trafficking. The unique attributes of this technology can empower individuals to establish and control their digital identity.

This ability to provide a unique identity can apply to things, too—establishing provenance and trackability throughout the supply chain to assure things like timber, fish, coffee and palm oil have been ethically sourced and followed sustainability protocols.