The Implementation of Blockchain Technology in the Development of Socioeconomic Environment: A Conceptual Framework

Nabil Ahmed Mareai Senan, Imran Ahmad Khan

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The purpose of this research is to appraise and understand the possibilities of blockchain technology in the development of the present system with significant social and environmental implications. The research study carried out this goal by analyzing prior studies’ noteworthy and pioneering situations from a socio-technical standpoint. The findings reveal that the number of blockchain applications outside of the financial arena is growing and that the technology’s features enable it to provide distributed, transparent, and secure solutions to a wide range of economic, social, and environmental issues.

Original languageEnglish
Title of host publicationInternet of Things
PublisherSpringer Science and Business Media Deutschland GmbH
Pages415-430
Number of pages16
DOIs
StatePublished - 2023

Publication series

NameInternet of Things
VolumePart F1270
ISSN (Print)2199-1073
ISSN (Electronic)2199-1081

Keywords

  • Bitcoin
  • Blockchain
  • Crowdfunding
  • Financial inclusion
  • Social innovation

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