The purpose of the whole Frontier ICTs for Sustainable Development for Digital Leaders module is to provide a technological overview, considerations, potential policy recommendations, and an international cooperation agenda for the adoption of frontier ICTs by digital leaders in developing countries. The aim is to unlock the full potential of frontier ICTs. The submodules focus on three technologies: Artificial Intelligence (AI), Blockchain, and the Internet of Things.
This submodule covers Blockchain, which is recognized as an important means of achieving the 2030 Agenda for Sustainable Development. However, the use, adoption, and adaptation of the technology are not the same across the globe.
Blockchain is expected to have a greater impact on sustainable development and is also recognized as an important source of concerns for socio-economic development (especially policymaking) in developing countries.
Therefore, this submodule provides fundamental information on the challenges/risks, best practices, policy recommendations, and international cooperation agendas related to Blockchain that policymakers in developing countries should consider when developing and applying Blockchain to enable sustainable development through innovation in their public sector and society.
The main objective of the submodule is to provide relevant information, cases, policy recommendations, and international cooperation agenda(s) to enable national policymakers to properly apply Blockchain in their path towards achieving the SDGs.
Specifically, this module aims to:
1. Introduce the definition, scope, and features of Blockchain.
2. Examine the role and importance of Blockchain in achieving the SDGs.
3. Provide major challenges, barriers, and risks to be considered in developing
and introducing Blockchain.
4. Provide the current status of policies related to Blockchain and global cases
applied in the public sector.
5. Suggest policy recommendations and international cooperation measures for
effective and efficient development and application of Blockchain. This
promotes a better understanding of the goals and direction for government
policymakers to pursue.