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Ending poverty with blockchain, the business school that rejects sustainability, and solar software start-ups

April 24, 2018

As the Director of Sustainability at the Smeal College of Business, it is my responsibility to keep my mind constantly steeping in a solution of:  1 part business, 1 part technology, and 1 part each of environmental and social impact, including emerging science, news and events. (Stir together and steep for years until it reaches desired level of understanding).  

 

In "That's News to Me" I share what I am reading with the growing Triple Bottom Lion community. The current books I am reading FEARLESS FACILITATION by Cyndi Maxey and Kevin O'Connor and LET THERE BE WATER by Seth Siegel.

How Blockchain Can End Poverty (Wall Street Journal)

Recently a board member shared privately an observation that improved technology most serves to make the rich richer. Blockchain is new and people claim it will solve everything from climate change to the common cold. The devil waits in the details and in the results. However, there is some interesting work being done to understand how the open ledger-technology might improve economic equality.

 

"For a long time, Western economists failed to appreciate the relationship between private property rights and economic development...[We now know] the road to economic development runs through the county clerks office at the local court house. 

 

If blockchain technology can empower public and private efforts to register property rights on a single computer platform, we can share the blessings of private-property registration with the whole world." 

 

If you are not a paid subscriber to WSJ, go here for an article that covers similar points on blockchain and poverty reduction.

 

School Of Business Avoids Promoting Sustainability: the interesting case of Wake Forest (Old Gold & Black)