European Green Deal, Digital Economy and Blockchain: the path to sustainability?
European Green Deal, digitalização da economia e blockchain: o caminho para a sustentabilidade?
DOI:
https://doi.org/10.47975/IJDL.netto.v.2.n.2Keywords:
European Green Deal, digital economy, blockchain, sustainability, decarbonization of the economyAbstract
This paper investigates the compatibility of blockchain networks with the sustainable digital economy proposal presented in the EGD. The descriptive exploratory method was used, supported by bibliographic research, which sought, from the database "Portal Periódicos Capes/MEC" and "Google Scholar," to develop a broad search for scientific articles. The search focused on articles whose titles mentioned the following terms: European Green Deal; European Green Deal and digital economy; digital economy; digital economy and blockchain; blockchain and sustainability. From the literature review analysis, two hypotheses were raised: a) the new technology's lack of compatibility with sustainability precepts, given its large carbon footprint; b) the offsetting, which results in a negative carbon footprint, if one considers all the carbon emission reductions caused by the adoption of the new blockchain technology. The elements gathered in the research allow to drop a preliminary conclusion asserting that blockchain is compatible with the EGD fundamentals, even considering its high energy consumption, given its disruptive potential and the possibility of reducing carbon emissions in the industrial production chain and the economy.
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Luísa Cristina Pinto e Netto, University of Utrecht (Utrecht, The Netherlands)
Ph.D. in Public Law – University of Lisbon (Lisbon, Portugal). Assistant Professor of Public Law – University of Utrecht (Utrecht, Utrecht, The Netherlands). Master in Administrative Law – Federal University of Minas Gerais (Belo Horizonte, Minas Gerais, Brazil). E-mail: lcpnetto@gmail.com
0000-0002-2379-8188
Everton Menengola, Pontifícia Universidade Católica do Paraná (Curitiba, Paraná Brasil)
Master in Economic Law and Development from the Pontifical Catholic University of Paraná - PUCPR (Curitiba, Paraná, Brazil). He is part of the group of researchers at the NUPED-Public Policy and Human Development Research Center at PUCPR. Specialist in Criminal Law and Criminology at ICPC/UFPR. Acts as a lawyer, Member of the Court of Ethics and Discipline of OABPR. Email: menengola@gmail.com 0000-0002-4895-8627
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