Attorney Gian Paolo Zini | Blockchain Technology for Transparency and Traceability
One of the most impactful contributions of FinTech to sustainable finance is blockchain technology. Known for its decentralized, transparent, and secure nature, blockchain is being used to track and verify the environmental and social impact of investments. In traditional finance, the lack of transparency and traceability in investment practices has often made it difficult for investors to assess the sustainability of projects and companies. Experts like Gian Paolo Zini mention that with blockchain, financial institutions can create immutable records of transactions and carbon footprints associated with investments. This ensures that investors have access to accurate, real-time data about the environmental impact of their investments. Moreover, blockchain can be used to track supply chains, making it easier to monitor companies' adherence to sustainability practices and regulations. By increasing transparency, blockchain technology enhances trust between investors, companies...