Blockchain-backed ECSS: A Comprehensive Solution for Accelerating Progress Towards the 17 United Nations Sustainable Development Goals
Dr. Maher Abdelsamie
Founder of the Environmental Credit Score Foundation and YMEGY research and Development LLC | Human Rights Defender | Egyptian ????
First, I invite you to watch the video below and review the initial section on how the ECSS can reduce its own environmental impact. Following that, I will delve into how the blockchain-backed ECSS can reverse crypto bans and accelerate progress towards EACH of the 17 United Nations Sustainable Development Goals.
Patents Related to the ECSS for the Protection of Intellectual Property Rights Internationally:
The ECSS
How the ECSS Can Reduce Its Own Environmental Impact.
The ECSS platform can lead to a more energy-saving and efficient system by making environmentally impactful products and services unavailable when an alarm level is reached. This approach incentivizes providers to reduce the environmental impact of their products and services (including but not limited to digital services, multifunctional devices and cloud computing), directs users toward more sustainable choices, and maintains a continuous monitoring and assessment process to ensure long-term improvements in energy efficiency and environmental performance.
How Does Consensus in ECSS Foster Trust, Decentralization, and Scalability for Global Environmental Impact Reduction?
The ECSS uses consensus in the EPD verification process. The advantages and roles that consensus plays in the success and adoption of the ECSS worldwide are as follows:
How the Blockchain-Backed ECSS Can Accelerate Progress Towards the 17 United Nations Sustainable Development Goals
1. No Poverty:
ECSS can contribute to poverty reduction by increasing demand for environmentally sustainable products and services, leading to increased economic activity and job creation in green industries. When companies innovate to meet the increasing demand for sustainable solutions, employment opportunities in these industries may emerge, helping in the emancipation of people from poverty. Furthermore, the environmental credit scores and cryptocurrency incentives can enable individuals to make environmentally conscious decisions, which may indirectly improve their financial well-being over time by adopting cost-effective and resource-efficient practices.
2. Zero Hunger:
By promoting sustainable agricultural practices, the ECSS system can indirectly influence the Zero Hunger goal. The ECSS can identify and recommend products made using sustainable agricultural practices by collecting data on the environmental impact of agricultural products and verifying the associated environmental product declarations (EPDs). This can lead to a shift in consumer behavior, increasing the adoption of sustainable agriculture practices, which can help to boost food security and reduce?environmental degradation.
3. Good Health and Well-being:
By promoting environmentally friendly products and services with a lower environmental impact, ECSS can help to improve health and well-being. These products and services may result in less pollution and better air and water quality, both of which are vital to maintaining good health. The ECSS can identify products and services that reduce harmful emissions and resource consumption by comparing and verifying the?EPDs of these products and services, which can contribute to a cleaner and healthier environment.
4. Quality Education:
While the ECSS does not directly address education, it can help to raise awareness of environmental problems and sustainable practices in an indirect way. The ECSS can help foster a culture of environmental consciousness and responsibility by providing a sysgem that encourages people to learn about the environmental impact of their choices. This increasing awareness may lead to an increasing demand for education in environmental sciences and sustainable practices, so contributing to the development of a more educated and environmentally responsible society.
5. Gender Equality:
The ECSS system does not directly address gender equality; however, by empowering individuals to make environmentally responsible choices, it can play an indirect role in promoting gender equality. The ECSS can contribute to a more equitable distribution of resources by incentivizing sustainable behaviors, which can lead to increased economic opportunities for women and other marginalized groups. Furthermore, rising demand for environmentally sustainable products and services can create new job opportunities in the green sector, where women can?equal access to employment and career advancement.
6. Clean Water and Sanitation:
The ECSS can contribute to improved clean water and sanitation by promoting products?and services that reduce water pollution, promote efficient water use, and support sustainable?water management practices. Here's how the ECSS can help achieve?this goal:
7. Affordable and Clean Energy:
The ECSS can create a competitive market that drives innovation and affordability in the clean energy sector by promoting clean energy products and services and incentivizing their adoption.
8. Decent Work and Economic Growth:
By promoting environmentally sustainable products and services, the ECSS can indirectly contribute to decent work and economic growth. Companies will be encouraged to invest in green sectors as demand for sustainable products and services?grows, resulting in increased economic activity and job creation. The ECSS can foster innovation and the development of new industries?that focus on sustainability by incentivizing individuals to make environmentally conscious decisions, so creating new job opportunities and driving?economic growth
9. Industry, Innovation, and Infrastructure:
10. Reduced Inequalities:
While the ECSS does not directly address reduced inequalities, by promoting sustainable products and services, it can indirectly contribute to a more equitable society. The ECSS fosters a more equitable distribution of resources by rewarding individuals to adopt environmentally responsible behaviors, which can lead to a reduction in social and economic inequalities. Furthermore, increased demand for environmentally sustainable products and services can create job?opportunities in the green sector, hence offering employment opportunities for marginalized communities.
11.Sustainable Cities and Communities:
By promoting environmentally friendly products, services, and practices that reduce the environmental impact of urban regions, the ECSS can help to create more sustainable cities and communities. The ECSS can identify and recommend products and services that reduce resource consumption and pollution by verifying and comparing environmental product declarations (EPDs) and life cycle inventory data. This can increase demand for sustainable urban solutions including green infrastructure, renewable energy sources, and sustainable waste management practices, all of which can contribute to more sustainable and resilient urban environments.
12. Responsible Consumption and Production:
The ECSS can help address SDG 12: Responsible Consumption and Production by collecting and verifying data on the environmental impacts and resource efficiency of products and services, recommending sustainable alternatives, incentivizing responsible consumption and production, and encouraging innovation in sustainable practices. This comprehensive strategy has the potential to contribute to a more sustainable global economy, help prevent environmental degradation, and promote responsible resource usage.
Here's how the ECSS can help address SDG 12:
13. Climate Action:
The Environmental Credit Scoring System (ECSS) can contribute to addressing climate change through various mechanisms, such as reducing greenhouse gas emissions, promoting sustainable practices, and fostering behavioral changes.
Here is how the ECSS can help address climate change:
14. Life Below Water:
By promoting products and services that minimize water pollution and over-exploitation of marine resources, the?ECSS can help protect life below water. The ECSS can identify and recommend options with lower environmental impact on marine ecosystems by verifying and comparing EPDs related to water usage, pollution, and resource extraction. This can lead to a shift in consumer behavior toward more sustainable solutions, which can help to improve ocean health and preserve marine biodiversity.
15. Life on Land:
The ECSS can help to protect life on land by promoting products and services that reduce land degradation, deforestation, and biodiversity loss. The ECSS can identify and recommend solutions that have a lower impact on terrestrial ecosystems by verifying and comparing EPDs related to land use, resource extraction. This can lead to a shift in consumer behavior toward more sustainable solutions, which can help to preserve biodiversity and the health of land ecosystems.
16. Peace, Justice, and Strong Institutions:
While the ECSS does not address peace, justice, or strong institutions directly, it can indirectly contribute to a more just and equitable society by promoting transparency and accountability?in environmental policies. The ECSS can hold businesses accountable for their environmental impact by verifying and comparing EPDs and life cycle inventory data associated with products and services they provide to consumers, encouraging more responsible practices, and fostering trust between consumers, businesses, and governments.
17. Partnerships for the Goals:
The ECSS can foster partnerships that contribute to the achievement of the Partnerships for the Goals by promoting environmental responsibility, transparency, and data sharing.
Here's how the ECSS can help address SDG 17 (Partnerships for the Goals):
Problems that Can Be Addressed by the ECSS in Developing Countries: Egypt as an Example
1.?Water Scarcity:
Egypt is experiencing severe water scarcity, with the Nile River, the country's primary water source, struggling to meet the demands of its rapidly growing population. Agriculture, public health, and overall economic growth are all threatened by this scarcity. The situation is exacerbated further by the construction of the Grand Ethiopian Renaissance Dam (GERD) upstream on the Blue Nile, which has the potential to significantly impact water flow to Egypt. The dam's impact on water availability, combined with increased water consumption, climate change, and ineffective water management practices, has raised concerns about Egypt's water security and ability to meet its population's needs in the coming years.
Solution:?The ECSS can address water efficiency in a similar way as it does with energy management and agricultural productivity.
Here's how it works:
How can the ECSS evaluate water-efficient practices?
As explained, the ECSS can help in identifying water-efficient products and services by collecting life cycle assessment data and enabling EPD comparability. This can encourage both producers and consumers to adopt water-saving technologies and practices, resulting in a decrease in overall water demand. While the ECSS does not directly evaluate practices, it can still provide valuable insights into water efficiency by analyzing data from EPDs, which include information about the practices used during the production or provision of a product or service.
The ECSS collects life cycle assessment data from partners (product and service providers) related to the Environmental Product Declarations (EPDs) of the products and services they provide to individuals. However, the data collected for the EPDs inherently includes information about the practices used during the production or provision of a product or service. For example, by examining and analyzing the life cycle assessment data and EPDs associated with various products and services, the ECSS can indirectly assess the water efficiency of practices. EPD data reflects the environmental impacts of practices employed during the production or provision of a product or service, including water usage.
The ECSS can draw conclusions about the relative water efficiency of the practices used by comparing the life cycle assessment data and EPDs of different products and services. For example, if two products have similar functionality but one has a significantly lower water footprint, the ECSS can conclude that the production practices of the more water-efficient product are better in terms of water usage. This information can then be used to encourage the adoption of more water-efficient practices.
2.?Agricultural Productivity:
Agriculture is important to Egypt's economy because it employs a large portion of the population and contributes to food security. Climate change, water scarcity, outdated farming practices, and loss of arable land due to urbanization all pose threats to agricultural productivity. These challenges result in low crop yields, lower farmer incomes, and increased reliance on food imports, all of which have a negative impact on Egypt's overall economic growth, rural development, and food security.
Solution:?The ECSS can address agricultural productivity by collecting and analyzing life cycle assessment data, verifying and comparing EPDs, and increasing the adoption of environmentally friendly and productive agricultural practices, products, and services through recommendations and incentives.
Here's how it works:
3.?Energy management:
Egypt's growing energy demands put pressure on its natural resources and contribute to greenhouse gas emissions. Transitioning to renewable energy sources and promoting energy efficiency are vital for sustainable development.
Solution:?The ECSS can address energy management by collecting and analyzing life cycle assessment data, verifying and comparing environmental product declarations (EPDs), and increasing the adoption of energy-efficient products and services through recommendations and incentives.
Here's how it works:
4. Climate Change:
Egypt facing major challenges as a result of climate change, which has a wide-ranging influence on agriculture, water resources, and coastal areas. Increasing temperatures, shifting precipitation patterns, and more frequent extreme weather events affect agricultural productivity, exacerbate water scarcity, and raise the risk of flooding in low-lying places. These effects not only endanger the livelihoods of millions of Egyptians, particularly those in rural areas, but also place further strain on the country's infrastructure, public health, and economy.
Solution:?As explained in the SDG No. 13.Climate Action, the Environmental Credit Scoring System (ECSS) indirectly contributes to climate change mitigation and adaptation efforts in Egypt by addressing water scarcity, agricultural productivity, and energy management. Efficient water management, sustainable agriculture, and reduced energy usage can all help Egypt become more resilient to the effects of climate change while also lowering its overall greenhouse gas emissions.
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5. Social Inclusion and Poverty Reduction
Egypt faces major issues related to poverty and social exclusion, which disproportionately affect marginalized populations such as women, rural communities, and people with disabilities. These people frequently lack basic services such as education, healthcare, clean water, and sanitation, as well as opportunities for economic growth and social mobility. This inequality not only perpetuates poverty cycles, but it also hinders Egypt's overall development and long-term sustainability.
Solution:?The Environmental Credit Scoring System (ECSS) has the potential to contribute to social inclusion and poverty reduction in Egypt through several mechanisms.
Here's how the ECSS can play a role in addressing these challenges:
6.?Climate and Resource Depletion Driven Violence:
This graph shows that if everyone on Earth lived like Americans, we would require the resources of five planets to sustain us. Qatar and Luxembourg are the biggest contributors to resource depletion, with lifestyles that consume the equivalent of 8.2 to 9 planets, but their impact on global resources is comparatively smaller due to their small populations.
According to a separate?article, if the economy and population continue to grow at their current rates, natural resources will be depleted by 2040. This would make raising the living standards of poor countries to the same level as wealthy nations impossible, as we would need the resources of multiple planets to achieve this.
The Ecological Footprint quantifies our impact on the Earth's ecosystems. It considers factors such as food, goods, and service consumption, land use, and carbon emissions. When our ecological footprint exceeds the Earth's biocapacity, we are depleting resources faster than they can regenerate, contributing to climate change.
Climate change and resource scarcity can exacerbate social tensions, leading to conflict and violence over access to limited resources such as water and arable land. This can further destabilize Egypt's social and political landscape, making it even more challenging to address other pressing issues.?
Solution:?The ECSS can help address the problems of sustainable consumption and production, improve the transparency and comparability of environmental impact data, increase accountability, encourage international cooperation, reduce the environmental impact of computation and data storage, and provide a secure global identity for those without smartphones, proof of identity, or bank accounts.
The ECSS can contribute to reducing the likelihood of climate and resource scarcity driven violence by promoting sustainable practices that optimize resource usage and reduce the negative impacts of climate change. By encouraging water-efficient practices, sustainable agriculture, and renewable energy solutions, the ECSS can help mitigate competition for scarce resources and foster a more resilient and peaceful society.
7.?Population Growth:
Rapid population growth puts pressure on Egypt's resources, infrastructure, and public services, making it challenging to provide adequate housing, education, healthcare, and employment opportunities.
Solution:?By promoting sustainable products, services, and practices that use resources efficiently, the ECSS can help mitigate the impact of population growth on resource availability. The system can also contribute to creating green job opportunities in the renewable energy, agriculture, and environmental sectors, addressing unemployment challenges.
8.?Environmental Degradation:
Pollution, deforestation, loss of biodiversity, and other forms of environmental degradation pose threats to Egypt's natural resources, public health, and long-term sustainability.
Solution:?By promoting environmentally friendly products, services, and practices through the ECSS, Egypt can reduce its environmental footprint and address various forms of environmental degradation. Encouraging sustainable land use, waste management, and pollution control practices will help protect Egypt's natural resources and ensure a healthier environment for its citizens.
9.?Enhancing Social Equity:
The ECSS rewards individuals based on their environmental activities, which can indeed increase the average daily income for people in developing and least developed countries. By adopting the ECSS, Egypt can promote social equity through the following:
10. Fostering International Cooperation:
Implementing the ECSS can indeed enhance Egypt's international reputation as a leader in environmental sustainability and climate action. By being one of the first countries to adopt the ECSS, Egypt can foster international cooperation and collaboration in addressing environmental challenges through the following:
11. Healthcare
Egypt's healthcare system faces a number of issues, including limited access to healthcare services, insufficient funding, a shortage of qualified healthcare professionals, and disparities in healthcare quality between urban and rural areas, and the growing prevalence of non-communicable and communicable diseases. These problems strain the healthcare system and pose significant challenges to the well-being of Egypt's population.
Solution:?While the Environmental Credit Scoring System (ECSS) primarily focuses on environmental sustainability, it can indirectly contribute to addressing healthcare challenges in Egypt through the following mechanisms:
12. Economic Growth and Diversification:
The ECSS is designed to increase global demand for environmentally friendly products and services, and Egypt can benefit from this by implementing it to boost its own sustainable products and services. This, in turn, can help to strengthen the economy. The ECSS's anti-banning capabilities could also lead to the reversal of cryptocurrency restrictions in other countries, which can further promote the expansion of Egypt's digital economy and improve its competitiveness on a global level. By implementing the ECSS, Egypt can position itself as a leader in sustainable products and services, attract investment, and support growth in green sectors, ultimately diversifying the economy and ensuring long-term stability.
Current Challenges Addressed by the ECSS
The International Organization for Standardization (ISO) has developed three types of environmental product claims: type I environmental labels based on ISO 14024, type II self-declared environmental claims based on ISO 14021, and Type III environmental product declarations based on ISO 14025.
1- The comparability problem of environmental labels (type I):?Current green certifications or labels disclose that the products or services fulfill specific environmental criteria. However, they do not disclose the products' life cycle environmental impact from raw material extraction through production, shipping, consumption, and disposal. Although there are currently hundreds of international green product certifications, including about 100 certifications in the United States, they have failed to get individuals, businesses, non-profit organizations, and governmental entities to work together to combat current environmental issues. Additionally, their effectiveness in generating a significant increase in individual participation in environmental activities is limited. The certifications and labels of products and services cannot be compared. Thus, individuals cannot differentiate between the products and services in terms of what product or service has the lowest environmental impact. This creates consumer confusion.
2- The Comparability Problem of the EPDs (Type III EPDs):?Type III environmental product declaration is a standardized (ISO 14025) and life cycle assessment-based tool and an internationally accepted, independently verified, registered, and published document. Any organization can become a program operator, making it hard for individuals to compare the EPDs of thousands of products and services to determine which one has the lowest environmental impact. The requirements for comparability of the EPDs are set out in the ISO 14025, Section 6.7.2. However, EPDs from different EPD program operators using different Life Cycle Assessment methods and product category rules cannot satisfy the requirements for comparability.
3- The independence problem of verifiers:?Type III EPD is a report that focuses on how a product or service affects the environment throughout its life cycle. To be published, type III environmental declarations require an independent agency, called a program operator, to supervise the EPD's entire development process. The EPD verification is the most crucial step in determining an LCA study's credibility. Approving the EPDs of products and services based on misleading LCA results could increase the demand for the products and services, leading to harming the environment. Currently, product and service providers can create EPDs for their products and services and perform the Life Cycle Assessment (LCA) by themselves. They may also seek assistance from an external LCA expert if they do not have in-house LCA experts. An independent verifier must independently verify the EPD.
Program operators have their own rules regarding approving a verifier. Some program operators require verifiers to have specific competencies, knowledge, qualifications, or experience related to EPD verification to be approved verifiers. The verifiers seek out assignments and arrange contracts with product and service providers without the program operator's involvement, making it hard to guarantee and ensure the independence of the verifier. Some program operators rely only on the contract terms between the verifier and the product and service provider.
For example, some program operators require writing the agreement between the verifier and the product and service provider in such a way that there is no economic pressure on the verifier from the product or service provider to approve the EPD and allow the verifier to report any perceived pressure caused by the product or service provider. This can ensure a more transparent approval process. However, ensuring the independence of third-party verifiers can be very hard. Further, the verifier activities are not monitored, making it hard to ensure that the verifier or the verification firm's employee maintains independence.
4. The accuracy and reliability of the data used to conduct the LCA
The accuracy and reliability of the results of an LCA of a product or a service are determined based on the accuracy and reliability of the data used to conduct the LCA. Thus, on-site primary data collection that may comprise collecting on-site operations data, on-site material consumption data, on-site emissions data, on-site energy consumption data, or on-site waste data is preferable and recommended compared to using secondary or generic data (e.g., third-party database providers or LCA databases, previous studies, publications).
5. Problems related to Ecological Score labels
The Life-Cycle Assessment method is important, but there is a correlative higher risk to mislead the consumer. For example, as organizations can create eco-score labels based on their own Life Cycle Assessment methods, they can create independent Eco score labels for their products or offer "Eco scoring" as a service to score other companies products and services and issue Eco score labels. This will significantly increase the number of labels worldwide. This in turn will significantly increase consumer confusion and may encourage businesses who harm the environment to get a “green cover” for their products by creating their own Eco score labels or adopting the easiest Eco score label they can achieve. This worsens the current problems of environmental labels and makes it hard to hold businesses accountable for their environmental impact.
The public interest of saving our planet from the current environmental crises must triumph over the special interests of organizations promoting their own ineffectual environmental solutions, otherwise, we will all suffer.
6. Problems related to individuals
In addition to the aforementioned problems, there are more than 4 billion people worldwide without smartphones, a billion people without proof of identity, and roughly 1.7 billion adults without a bank account. This makes it hard to hold these people accountable for their environmental impact.
This has created a great need for an international tool that can unite the world's efforts for the public interest to tackle the environmental crisis while simultaneously addressing the aforementioned problems.
What is Yomna?
Yomna is my daughter's name. It's also the proposed name of the cryptocurrency of the ECSS. As program operators and LCA experts can earn Yomna and as individuals will be rewarded with Yomna based on their environmental activities, Yomna will represent the value of the new green economy as it represents the efforts of participants towards tackling current environmental crisis including climate change.
The ECSS is based on my granted US patent that was filed in 2017. It’s also based on my recently filed patent applications related to blockchain-backed systems and methods.
What does "Environmental Credit Scoring Service stewarded by Nonprofits" mean?
As the implementation of the ECSS may increase the global demand for environmentally friendly products and services, which in turn could cause significant economic effects, it's important to provide a justified environmental credit scoring service and prevent a single organization from setting or deciding the rules and methodologies that govern the environmental credit scoring service. A US non-profit or a group of nonprofits in the US, and the same in every country, may be allowed to help establish the Environmental Credit Scoring Service of the ECSS.
The responsibilities of these nonprofits may include ensuring that the ability to set or decide the rules and methodologies governing the environmental credit scoring service cannot be taken over by a single organization. This prevents any organization from arbitrarily changing the rules and methodologies governing the service. The worldwide governance of these nonprofits aims to safeguard the independence and transparency of the environmental credit scoring service, so that it exists to achieve sustainable development and protect the future of humanity forever.
Who can set the rules and methodologies that govern the environmental credit scoring service?
A nonprofit or a group of nonprofit organizations in every country may be enabled by the ECSS to collaboratively propose rules and methodologies, create anonymous polls, and oversee a voting process where the verifiers (LCA experts) registered with the ECSS may be allowed to vote on whether to consider one or more rules or methodologies.
The rules and methodologies may include, but are not limited to, those that govern:
Green Innovation and Transformation: The ECSS as a Catalyst for Change
Banning Environmental, Social, and Governance (ESG) Scores
Assessing the potential for the ECSS to be banned in light of the current fight against ESG is crucial. However, I agree with the author of the post below that it does not make sense to conflate ESG investment with planetary action or sustainability. The post mentions the top holdings of the S&P 500 ESG Index, which include companies like Exxon, JP Morgan, and Bank of America, all of which have significant financing for fossil fuels.?
Reference:?(https://lnkd.in/g-Sv7r-W)
It is possible that the current fight against ESG is an indirect fight against the ECSS, with the goal of preventing or even prohibiting its implementation in the future. However, it is critical to recognize the ECSS's broader benefits. Since the ECSS's services include an environmental credit scoring service, it could face similar criticism if implemented in a way that raises concerns.
True Meaning of Freedom
It would be misleading to consider as a threat to our freedom a system that monitors and verifies the environmental activities of individuals and businesses with a high level of credibility, and assigns them scores based on their efforts to prevent damage to others and the planet. Indeed, the ECSS is intended to enable individuals and organizations to make more informed decisions, resulting in a more sustainable and equitable world. Transparency and accountability are fundamental principles of any democratic society, and the ECSS promotes them.
The notion that combating climate change threatens freedom is based on a limited understanding of what freedom truly entails. Freedom should not be confused with the ability to engage in activities that harm people and the environment. True freedom involves the ability to live and make decisions in a way that respects the rights and well-being of others as well as the natural environment.
In reality, unregulated and unsustainable practices frequently have significant social and environmental consequences, ultimately limiting future generations' freedom. The ECSS supports the long-term preservation of the liberties we cherish while protecting the planet and its resources for future generations by enabling responsible decision-making and encouraging sustainable development.
Anti-Banning Capabilities of the ECSS
With its anti-banning capabilities, the ECSS is designed to thrive and adapt in the face of regulatory challenges. Furthermore, the system not only has these capabilities, but it also has the potential to lead countries to reverse crypto bans.
The ECSS is uniquely positioned to drive global demand for verified environmentally friendly products and services, particularly in countries where the system is implemented. This can have a significant economic impact on those countries, incentivizing them to reconsider their stance on crypto bans. Countries that refuse to implement the ECSS, on the other hand, may see a drop in global demand for their goods and services as environmentally conscious consumers seek out alternatives provided by ECSS-compliant nations.
One of the potential consequences for countries that refuse to implement the ECSS is a worldwide boycott of their products and services. Boycotting is a powerful and an effective tool for putting pressure on businesses and governments to change their practices. As consumers prioritize sustainability and environmental responsibility, a boycott could have significant economic ramifications for countries that do not implement the ECSS and fail to meet the demands of environmentally conscious consumers.
Launching the ECSS in a supportive country would provide better opportunities for that country while also demonstrating the system's benefits. This may persuade other countries to reconsider their stance on cryptocurrencies, potentially leading to the reversal of cryptocurrency bans. Countries that oppose the implementation of the ECSS, on the other hand, may face potential consequences, such as boycotts, that can negatively impact their economies and global reputation.
The ECSS's anti-banning capabilities, as well as its ability to lead countries to reverse crypto bans, have the potential to create long-term, positive change in the world. Implementing the system in supportive countries can pave the way for widespread adoption, environmental progress, and economic benefits, whereas countries that oppose its implementation may face potential consequences, such as the powerful impact of boycotts.
Urgent Action is Needed
The most important first step is to launch the system from at least one country that guarantees the system will not be banned. Then, based on the anti-banning capabilities of the system, it will be adopted by other countries, including developed ones that may want to ban the system to avoid facing potential consequences, such as the drop in global demand for their goods and services for countries that do not implement, as a result of the powerful impact of boycotts.
That's why I'm (Maher Abdelsamie) planning to run as a candidate in the 2024 Egyptian presidential election if the Egyptian government allows me to participate.
Managing Director at Trans Care Agencies
2 个月Thank you
Independant Researcher | Head of operations at Blockchain for Good | Lecturer at Paris Panthéon-Assas University | ICT Author for La-rem.eu
1 年Great article! Here's the last report of Blockchain for Good non profit about these subjects (PDF) : https://blockchainforgood.fr/?smd_process_download=1&download_id=3579 A deep dive on the impact of blockchains in the areas of Identity and ownership; Peer-To-Peer electronic money system and programmable currency; Health, environment and climate; Supply chain and logistics; Agriculture and food; Web 3.0, arts and science; Energy; Government and democracy; Aid, charity and philanthropy; Electronic communication and telecommunication; Education and employment. ??
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1 年It's always inspiring to see how technology can be used for the betterment of humankind. This article is a great example of that #BlockchainForGood #SDGs