A conceptual hybrid model based on Ethereum for implementing sustainable development goals

Hossein Hosseinalibeiki; Majid Heidari

doi:10.29333/ejosdr/15434

Full Text (PDF)

Hossein Hosseinalibeiki ¹ ^* , Majid Heidari ²

More Detail

¹ Department of DISA-MIS, University of Salerno, Fisciano, ITALY² Department of Economic and Statistical Sciences (DISES), University of Salerno, Fisciano, ITALY^* Corresponding Author

Abstract

The United Nations’ sustainable development goals (SDGs) present a global challenge that demands innovative solutions. Combining emerging technologies can be a transformative approach to achieving these goals and overcoming associated challenges. Blockchain provides a secure and transparent platform, while big data and data mining enable the analysis of vast datasets to identify critical areas and measure progress. Additionally, blockchain facilitates secure knowledge exchange among stakeholders through knowledge sharing and management. Recent research demonstrates the effectiveness of blockchain in implementing SDGs. Our study explores the benefits of various technologies and proposes a hybrid model based on Ethereum. This model leverages additional technologies to enhance performance, increase transparency, and reduce gas fees. This combination empowers informed decision-making and accelerates progress towards a sustainable future.

Keywords

sustainable development goals
Ethereum
smart contracts
blockchain
big data and data mining
knowledge sharing

License

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

EUR J SUSTAIN DEV RES, Volume 8, Issue 4, 2024, Article No: em0272

https://doi.org/10.29333/ejosdr/15434

Publication date: 13 Oct 2024

Article Views: 304

Article Downloads: 164

Open Access References How to cite this article

References

Ansell, C., Sørensen, E., & Torfing, J. (2022). The key role of local governance in achieving the SDGs. In Co-creation for sustainability: The UN SDGs and the power of local partnership (pp. 9-22). Emerald Publishing Limited. https://doi.org/10.1108/978-1-80043-798-220220002
Antonopoulos, A. M., & Wood, G. (2018). Mastering Ethereum: Building smart contracts and dapps. O’reilly Media.
Arshad A., Shahzad, F., Rehman, I. U., & Sergi, B. S. (2023). A systematic literature review of blockchain technology and environmental sustainability: Status quo and future research. International Review of Economics & Finance, 88, 1602-1622. https://doi.org/10.1016/j.iref.2023.07.044
Asrar-ul-Haq, M., & Anwar, S. (2016). A systematic review of knowledge management and knowledge sharing: Trends, issues, and challenges. Cogent Business & Management, 3(1), Article 1127744. https://doi.org/10.1080/23311975.2015.1127744
Attanasio, G., Preghenella, N., De Toni, A. F., & Battistella, C. (2022). Stakeholder engagement in business models for sustainability: The stakeholder value flow model for sustainable development. Business Strategy and the Environment, 31(3), 860-874. https://doi.org/10.1002/bse.2922
Aysan, A. F., Bergigui, F., & Disli, M. (2021). Blockchain-based solutions in achieving SDGs after COVID-19. Journal of Open Innovation: Technology, Market, and Complexity, 7(2), Article 151. https://doi.org/10.3390/joitmc7020151
Boçe, M. T., & Hoxha, J. (2024). Blockchain technology as a catalyst for sustainable development: Exploring economic, social, and environmental synergies. Academic Journal of Interdisciplinary Studies, 13(2), Article 151. https://doi.org/10.36941/ajis-2024-0041
Buterin, V. (2014). A next-generation smart contract and decentralized application platform. https://github.com/ethereum/wiki/wiki/White-Paper
Carpentier, C. L., & Braun, H. (2020). Agenda 2030 for sustainable development: A powerful global framework. Journal of the International Council for Small Business, 1(1), 14-23. https://doi.org/10.1080/26437015.2020.1714356
Colglazier, W. (2015). Sustainable development agenda: 2030. Science, 349(6252), 1048-1050. https://doi.org/10.1126/science.aad2333
Di Vaio, A., Hassan, R., & Palladino, R. (2023). Blockchain technology and gender equality: A systematic literature review. International Journal of Information Management, 68, Article 102517. https://doi.org/10.1016/j.ijinfomgt.2022.102517
Forouli, A., Nikas, A., Van de Ven, D. J., Sampedro, J., & Doukas, H. (2020). A multiple-uncertainty analysis framework for integrated assessment modelling of several sustainable development goals. Environmental Modelling & Software, 131, Article 104795. https://doi.org/10.1016/j.envsoft.2020.104795
Guo, H., Liang, D., Sun, Z., Chen, F., Wang, X., Li, J., Zhu, L., Bian, J., Wei, Y., Huang, L., Chen, Y., Peng, D., Li, X., Lu, S., Liu, J., & Shirazi, Z. (2022). Measuring and evaluating SDG indicators with big earth data. Science Bulletin, 67(17), 1792-1801. https://doi.org/10.1016/j.scib.2022.07.015
Hák, T., Janoušková, S., & Moldan, B. (2016). Sustainable development goals: A need for relevant indicators. Ecological indicators, 60, 565-573. https://doi.org/10.1016/j.ecolind.2015.08.003
Hamilton, S. H., ElSawah, S., Guillaume, J. H., Jakeman, A. J., & Pierce, S. A. (2015). Integrated assessment and modelling: Overview and synthesis of salient dimensions. Environmental Modelling & Software, 64, 215-229. https://doi.org/10.1016/j.envsoft.2014.12.005
Han, X., & Liu, Y. (2017). Research on the consensus mechanisms of blockchain technology. Netinfo Security, 5(9), 147-152. https://doi.org/10.3969/j.issn.1671-1122.2017.09.034
Haoxiang, W., & Smys, S. (2021). Big data analysis and perturbation using data mining algorithm. Journal of Soft Computing Paradigm, 3(01), 19-28. https://doi.org/10.36548/jscp.2021.1.003
Hewa, T. M., Hu, Y., Liyanage, M., Kanhare, S. S., & Ylianttila, M. (2021). Survey on blockchain-based smart contracts: Technical aspects and future research. IEEE Access, 9, 87643-87662. https://doi.org/10.1109/ACCESS.2021.3068178
Jaakkola, E. (2020). Designing conceptual articles: Four approaches. AMS Reviews, 10(1), 18-26. https://doi.org/10.1007/s13162-020-00161-0
Jain, N., & Srivastava, V. (2013). Data mining techniques: A survey paper. IJRET: International Journal of Research in Engineering and Technology, 2(11), 2319-1163. https://doi.org/10.15623/ijret.2013.0211019
Jiang, S., Jakobsen, K., Bueie, J., Li, J., & Haro, P. H. (2022). A tertiary review on blockchain and sustainability with focus on sustainable development goals. IEEE Access, 10, 114975-115006. https://doi.org/10.1109/ACCESS.2022.3217683
Joshi, P., Tewari, V., Kumar, S., & Singh, A. (2023). Blockchain technology for sustainable development: A systematic literature review. Journal of Global Operations and Strategic Sourcing, 16(3), 683-717. https://doi.org/10.1108/JGOSS-06-2022-0054
Kanuri, C., Revi, A., Espey, J., & Kuhle, H. (2016). Getting started with the SDGs in cities. SDSN. https://files.unsdsn.org/9.1.8.-Cities-SDG-Guide.pdf
Khan, M. R., Ali, A., & Rind, A. A. (2024). Blockchain technology and supply chain sustainability: A view from UNSDG perspective. In M. R. Khan, N. R. Khan, & A. M. Ghouri (Eds.), Achieving secure and transparent supply chains with blockchain technology (pp. 1-17). IGI Global. https://doi.org/10.4018/979-8-3693-0482-2.ch001
Kostoska, O., & Kocarev, L. (2019). A novel ICT framework for sustainable development goals. Sustainability, 11(7), Article 1961. https://doi.org/10.3390/su11071961
Krawiec, R. J., & White, M. (2023). Blockchain: Opportunities for health care. Deloitte.
Kshetri, N. (2021). Blockchain and sustainable supply chain management in developing countries. International Journal of Information Management, 60, Article 102376. https://doi.org/10.1016/j.ijinfomgt.2021.102376
Kujala, J., Sachs, S., Leinonen, H., Heikkinen, A., & Laude, D. (2022). Stakeholder engagement: Past, present, and future. Business & Society, 61(5), 1136-1196. https://doi.org/10.1177/00076503211066595
Lashkari, B., & Musilek, P. (2021). A comprehensive review of blockchain consensus mechanisms. IEEE Access, 9, 43620-43652. https://doi.org/10.1109/ACCESS.2021.3065880
Lateef, M., & Keikhosrokiani, P. (2023). Predicting Critical success factors of business intelligence implementation for improving SMEs’ performances: A case study of Lagos State, Nigeria. Journal of the Knowledge Economy, 14(3), 2081-2106. https://doi.org/10.1007/s13132-022-00961-8
Machin, D., & Liu, Y. (2024). How tick list sustainability distracts from actual sustainable action: The UN 2030 agenda for sustainable development. Critical Discourse Studies, 21(2), 164-181. https://doi.org/10.1080/17405904.2023.2197606
Masuda, H., Okitasari, M., Morita, K., Katramiz, T., Shimizu, H., Kawakubo, S., & Kataoka, Y. (2021). SDGs mainstreaming at the local level: Case studies from Japan. Sustainability Science, 16, 1539-1562. https://doi.org/10.1007/s11625-021-00977-0
Matallah, H., Belalem, G., & Bouamrane, K. (2020). Evaluation of NoSQL databases: MongoDB, Cassandra, HBase, Redis, Couchbase, orientdb. International Journal of Software Science and Computational Intelligence, 12(4), 71-91. https://doi.org/10.4018/IJSSCI.2020100105
Mattila, V., Dwivedi, P., Gauri, P., & Rahman, M. (2021). The role of blockchain in sustainable development goals (SDGs). Management and Commerce Innovation, 9(2), 231-241. https://doi.org/10.37602/IJSSMR.2022.531927
Medaglia, R., & Damsgaard, J. (2020). Blockchain and the United Nations sustainable development goals: Towards an agenda for IS research. In Proceedings of the PACIS.
Meier, A., & Kaufmann, M. (2019). NoSQL databases. In SQL & NoSQL databases: Models, languages, consistency options and architectures for big data management (pp. 201-218). Springer. https://doi.org/10.1007/978-3-658-24549-8
Mohamed, A., Najafabadi, M. K., Wah, Y. B., Zaman, E. A. K., & Maskat, R. (2020). The state of the art and taxonomy of big data analytics: View from new big data framework. Artificial Intelligence Review, 53, 989-1037. https://doi.org/10.1007/s10462-019-09685-9
Nagy, J. A., Benedek, J., & Ivan, K. (2018). Measuring sustainable development goals at a local level: A case of a metropolitan area in Romania. Sustainability, 10(11), Article 3962. https://doi.org/10.3390/su10113962
Oussous, A., Benjelloun, F. Z., Lahcen, A. A., & Belfkih, S. (2017). NoSQL databases for big data. International Journal of Big Data Intelligence, 4(3), 171-185. https://doi.org/10.1504/IJBDI.2017.10006121
Parmentola, A., Petrillo, A., Tutore, I., & De Felice, F. (2022). Is blockchain able to enhance environmental sustainability? A systematic review and research agenda from the perspective of sustainable development goals (SDGs). Business Strategy and the Environment, 31(1), 194-217. https://doi.org/10.1002/bse.2882
Pizzi, S., Caputo, A., Venturelli, A., & Caputo, F. (2022). Embedding and managing blockchain in sustainability reporting: A practical framework. Sustainability Accounting, Management and Policy Journal, 13(3), 545-567. https://doi.org/10.1108/SAMPJ-07-2021-0288
Rajan, R., Rajest, S., & Singh, B. (2021). Spatial data mining methods databases and statistical point of views. In P. K. Singh, Z. Polkowski, S. Tanwar, S. K. Pandey, G. Matei, & D. Pirvu (Eds.), Innovations in information and communication technology series (pp. 103-109). Springer. https://doi.org/10.46532/978-81-950008-7-6_010
Rajesh, P., & Kumar, B. S. (2020). Comparative studies on sustainable development goals (SDG) in India using data mining approach. Scientific Transactions in Environment and Technovation, 14(2), 91-93. https://doi.org/10.56343/STET.116.014.002.006
Ricciolini, E., Tiralti, A., Paolotti, L., Rocchi, L., & Boggia, A. (2024). Sustainable development according to 2030 agenda in European Union countries: Evidence of the enlargement policy. Sustainable Development, 32(3), 1894-1912. https://doi.org/10.1002/sd.2758
Sabbagh, P., Troisi, O., Visvizi, A., Galati, A., & Hosseinalibeiki, H. (2023). Supporting the implementation of the SDGs through a blockchain-based platform: The case of Italy. In The international research & innovation forum (pp. 511-524). Springer. https://doi.org/10.1007/978-3-031-44721-1_39
Sachs, J. D., Kroll, C., Lafortune, G., Fuller, G., & Woelm, F. (2022). Sustainable development report 2022. Cambridge University Press. https://doi.org/10.1017/9781009210058
Shoker, A. (2021). Blockchain technology as a means of sustainable development. One Earth, 4(6), 795-800. https://doi.org/10.1016/j.oneear.2021.05.014
Singh, K. D., Singh, P., Bansal, A., Kaur, G., & Chhabra, R. (2024). Disruptive technologies and sustainable development goals for society 5.0. In V. Khullar, V. Sharma, M. Angurala, & N. Chhabra (Eds.), Artificial intelligence and society 5.0 (pp. 17-26). Chapman and Hall/CRC. https://doi.org/10.1201/9781003397052-3
Son-Turan, S. (2019). The blockchain-sustainability nexus: Can this new technology enhance social, environmental and economic sustainability? In U. Hacioglu (Ed.), Blockchain economics and financial market innovation: Financial innovations in the digital age (pp. 83-99). Springer. https://doi.org/10.1007/978-3-030-25275-5_5
Stonebraker, M. (2010). SQL databases v. NoSQL databases. Communications of the ACM, 53(4), 10-11. https://doi.org/10.1145/1721654.1721659
Treiblmaier, H. (2018). The impact of the blockchain on the supply chain: A theory-based research framework and a call for action. Supply Chain Management: An International Journal, 23(6), 545-559. https://doi.org/10.1108/SCM-01-2018-0029
United Nations. (2015). Transforming our world: The 2030 agenda for sustainable development. United Nations. https://sdgs.un.org/2030agenda
Urquhart, A. (2022). Under the hood of the Ethereum blockchain. Finance Research Letters, 47, Article 102628. https://doi.org/10.1016/j.frl.2021.102628
van Soest, H. L., van Vuuren, D. P., Hilaire, J., Minx, J. C., Harmsen, M. J., Krey, V., Popp, A., Riahi, K., & Luderer, G. (2019). Analyzing interactions among sustainable development goals with integrated assessment models. Global Transitions, 1, 210-225. https://doi.org/10.1016/j.glt.2019.10.004
Wang, Y., Han, J. H., & Beynon-Davies, P. (2019). Understanding blockchain technology for future supply chains: a systematic literature review and research agenda. Supply Chain Management: An International Journal, 24(1), 62-84. https://doi.org/10.1108/SCM-03-2018-0148
Weiland, S., Hickmann, T., Lederer, M., Marquardt, J., & Schwindenhammer, S. (2021). The 2030 agenda for sustainable development: Transformative change through the sustainable development goals? Politics and Governance, 9(1), 90-95. https://doi.org/10.17645/pag.v9i1.4191
Xu, H., Cheng, Y., Li, Z., & You, C. (2021). Content sharing network based on ipfs and blockchain. IOP Conference Series: Materials Science and Engineering, 1043(5), Article 052014. https://doi.org/10.1088/1757-899X/1043/5/052014
Zhang, C., Wu, C., & Wang, X. (2020, May). Overview of blockchain consensus mechanism. In Proceedings of the 2020 2^nd International Conference on Big Data Engineering (pp. 7-12). https://doi.org/10.1145/3404512.3404522
Zheng, X., Lu, J., Sun, S., & Kiritsis, D. (2020). Decentralized industrial IoT data management based on blockchain and IPFS. In Proceedings of the IFIP International Conference on Advances in Production Management Systems (pp. 222-229). Springer. https://doi.org/10.1007/978-3-030-57997-5_26

How to cite this article

APA

Hosseinalibeiki, H., & Heidari, M. (2024). A conceptual hybrid model based on Ethereum for implementing sustainable development goals. European Journal of Sustainable Development Research, 8(4), em0272. https://doi.org/10.29333/ejosdr/15434

Vancouver

Hosseinalibeiki H, Heidari M. A conceptual hybrid model based on Ethereum for implementing sustainable development goals. EUR J SUSTAIN DEV RES. 2024;8(4):em0272. https://doi.org/10.29333/ejosdr/15434

AMA

Hosseinalibeiki H, Heidari M. A conceptual hybrid model based on Ethereum for implementing sustainable development goals. EUR J SUSTAIN DEV RES. 2024;8(4), em0272. https://doi.org/10.29333/ejosdr/15434

Chicago

Hosseinalibeiki, Hossein, and Majid Heidari. "A conceptual hybrid model based on Ethereum for implementing sustainable development goals". European Journal of Sustainable Development Research 2024 8 no. 4 (2024): em0272. https://doi.org/10.29333/ejosdr/15434

Harvard

Hosseinalibeiki, H., and Heidari, M. (2024). A conceptual hybrid model based on Ethereum for implementing sustainable development goals. European Journal of Sustainable Development Research, 8(4), em0272. https://doi.org/10.29333/ejosdr/15434

MLA

Hosseinalibeiki, Hossein et al. "A conceptual hybrid model based on Ethereum for implementing sustainable development goals". European Journal of Sustainable Development Research, vol. 8, no. 4, 2024, em0272. https://doi.org/10.29333/ejosdr/15434