A great deal of the world’s existing environmental problems can be traced back to industrialization, especially since the “great acceleration” in global economy since the 1950s.
Although this great acceleration offered remarkable gains in human progress and prosperity, it has also resulted into unpremeditated consequences. Examples of such consequences endangering the global environment are issues such as climate change; depletion of forestry, fishing and freshwater stocks; unsafe degrees of air pollution; overflowing amounts of waste on land and in oceans; toxins in rivers and soils; and loss of biodiversity and habitats.
As the Fourth Industrial Revolution (4IR) broadens and develops further, innovations are becoming faster, more efficient as well as more widely accessible than it has even been. Technology is becoming increasingly connected, with a convergence of the digital, physical and biological realms. Fast-rising technologies, such as blockchain, the Internet of Things (IoT), virtual reality and artificial intelligence (AI), have enabled societal shifts as they seismically have effects on economies, values, identities and even possibilities for posterity.
There is a great and unique opportunity to make good use of the Fourth Industrial Revolution – and the societal transformation it enables to help tackle environmental issues and reform how we manage our global environment.
When left unchecked, nevertheless, the Fourth Industrial Revolution could further result into unintended negative consequences such as aggravating existing threats to global environmental security by further depleting global fishing stocks, biodiversity and resources.
Therefore, there is the need for a transformation of the current “enabling environment” for global environmental management. This transformation will cut across the governance frameworks and policy protocols, investment and financing prototypes, the principal incentives for technology development, and the nature of societal engagement. This will not occur automatically. It will require a number of proactive alliance among policy-makers, scientists, technology champs, investors and civil society.
The Rowan Blockchain has been created to spark a sustainability revolution transforming the current “enabling environment”. Our platform is designed become a leading incentive for sustainable living a first in the energy sector.
September 2018 - March 2019
November - December 2019
Jan 2021 and beyond
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