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Digital green economy: How technology can help save the planet

Commenting on the recent emergence of new ‘green tech’ that use blockchain technology to actively address the most urgent environmental issues, SMU Assistant Professor of Strategic Management Simon JD Schillebeeckx, whose research focuses on digital innovation and sustainability, refers to this emerging domain as the ‘Digital Green Economy’. He describes it as ‘a nascent ecosystem of start-ups, projects, and activities in which blockchain and other digital technologies such as artificial intelligence, machine learning and Internet of Things are employed to reinvent legacy industry processes, develop new solutions in existing markets and create entirely new markets in which private businesses put sustainable development at the very core of their business models.’