The features of blockchain support sustainability efforts as they ensure efficiency, effectiveness, and productivity in organizations.
- Blockchain means recording information so that it will be difficult to change, or cheat the system. It is a digital ledger of transactions that is distributed across a network of computer systems. Blockchain is decentralized, has enhanced security,
- Sustainability means how people are able to meet their needs in an efficient manner. Sustainable practices are essential in ensuring that organizations make profits and increase their revenue.
- Blockchain is vital in promoting sustainability as mechanisms that are vital in promoting green consumer behavior can be designed. In business, it ensures productivity through the reduction in operating costs.
In conclusion, sustainable initiatives can help in fostering a culture of teamwork in an organization.
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