top of page
  • jkb4242

How Blockchain Technology Can Save Our Natural Resources

Updated: Oct 18, 2023

By Jaya Bijoor

Our earth’s natural resources are under extreme duress due to unprecedented exploitation. The World Wildlife Federation (WWF) reports that we cleared 17 percent of the Amazon rainforest in the last fifty years. Researchers predict that by 2050, over 50 percent of the Amazon rainforest will transform into a tree-less desert. The Amazon is the world’s most

extensive forest system and is home to several endangered species. This forest is critical in absorbing the carbon dioxide that we produce globally. If we do not stop this deforestation, our earth might become uninhabitable by the end of the century.

In Brazil, corrupt government officials allocate sections of the rainforest to themselves and then sell these sections to farmers who cut down trees to accommodate soy and beef farming. The country’s inefficient and unreliable land title system makes this fraudulent land allocation possible. But if the real estate titles were moved to the blockchain, it would be impossible for any person to assign sections of the forest to themselves, and fraudulent activity would diminish.

Similarly, illegal and unregulated fishing is a significant problem that many governments and global organizations are combating. According to the Food and Agriculture Organization, illegal fishing accounts for 20 percent of the worldwide fish market. Illegal fishing is causing a rapid depletion of our planet’s fishing stocks.

Blockchain technology can track, monitor, and manage our earth’s natural resources, making it possible to establish immutable or unchangeable records of the origination of materials and increase the transparency of global supply chains. Corporations can then avoid purchasing illegally procured resources. This transparency would make it unprofitable for the pillagers of natural resources who do so illicitly.



bottom of page