Applications of Blockchain and IoT in Sustainability Information Disclosure

Sustainable development and information disclosure have recently garnered significant attention in the light of pressing environmental and social concerns, such as the climate crisis and labor rights issues. Concurrently, the emergence of cutting-edge technologies such as blockchain and the Internet of Things (IoT) has sparked optimism for enhancing and streamlining the disclosure of information related to sustainable development. This paper is centered on two key aspects. Initially, it scrutinizes the fundamental framework of sustainable development information disclosure, followed by an exploration of the revolutionary impact brought about by the integration of two emerging technologies: blockchain and IoT. The study not only illuminates the influence of sustainability on corporate disclosure, but it also anticipates the potential contributions that future technologies could make in facilitating this transformative process. Sustainable development information disclosure remains a challenge due to the diversity of stakeholders, varying information requirements, and a lack of standard harmonization. Technology is poised to play an important role in addressing these challenges.