Blockchain in ESG System Globally
The value of global ESG assets is estimated to exceed $53 trillion by 2025. To evaluate the sustainability level, ESG reporting is widely adopted especially for the listed companies.?As the importance of ESG metrics increases, so will the demand for reliable data measuring ESG statistics.
Henceforth, to solve and overcome the problem of data mining and measuring data for ESG analytics Blockchain is the New?Equation, a future that is human-led and tech-powered.
Blockchain has the potential to provide a safe and transparent tool to overcome this problem. Blockchain is designed to facilitate the raw data authentication issues. It plays the role of light node to transfer the data of smart infrastructure and devices to the blockchain network
Secondly, a smart contract mechanism is developed to verify the consistency between the raw data and the final ESG report.?Thus, it's about how human ingenuity combines with technology to deliver faster, more intelligent and better outcomes while building trust across the?system.
Blockchain is constantly expanding, and it’s finding more and more uses. It is a technology with far-reaching possibilities and at present, one of the most intriguing opportunity is to help ESG reporting system globally.
Today's challenges in ESG are complex and requires more than the Global expectation. We as a team deliver the highest quality through integrity, unwavering objectivity, hard work and time in data, tools, technology, and services.?