Blockchain Technology, Vanilla Production, and Fighting Global Warming

Abstract

While most nations concur with the United Nations prediction that we face mass extinctions, flooding, and other catastrophic damage unless we reduce global warming by 1.5 degrees Celsius within the next decade, the developing nations are insisting that they should be allowed to give priority to economic growth and development over fighting global warming. Shyam Saran, an Indian policy scientist, champions this position but points out we can accomplish both the aims of development and fighting global warming by establishing a global technology platform to share planet friendly technology with the less developed nations. Many technologies could be shared in this way (e.g., making concrete in planet-friendly ways and manufacturing hydrogen-fueled trains). This article explores how the impoverished nation of Malagasy (better known as Madagascar) could grow its economy by using blockchain in the production of vanilla while also reducing the amount of carbon added to the atmosphere.