​Nutzung der Blockchain-Technologie zur Bekämpfung des Klimawandels – CO2-basierte Kryptowährung für eine nachhaltige Zukunft

This project explores the potential of blockchain technology to systematically address climate change by integrating concepts from technology education and social identity theory. The presenters argue that advances in blockchain, combined with our understanding of monetary policy and social identity, can transform the current non-cooperative approach to climate change mitigation into a cooperative one.

In their book Nudge, Thaler and Sunstein propose moving away from the more coercive system of international treaties—where nations often hesitate to cooperate—towards a “club model.” In this model, parties agree on shared values and grant privileges to members. For example, a shared value could be a zero-emissions policy, while a privilege might be access to local markets. However, political barriers often prevent countries from reaching such agreements.

The team led by Prof. Dr. Yevgen Bogodistov takes a bottom-up approach as the foundation of this club model. They propose leveraging blockchain technology to develop the MCI-Coin—a blockchain-based cryptocurrency linked to the UN’s CO₂ emissions targets. The coin is designed to incentivize CO₂ reduction by encouraging investments in green technologies and sustainable practices. Social identity theory is then applied to predict the cooperative behavior of actors who join the “club” (i.e., a social group) as part of their new green identity.

Project idea:

Prof. Dr. Yevgen Bogodistov, Department Business Administration Online - MCI Internationale Hochschule GmbH

Lyuba Stafyeyeva, PhD-Studentin der Universität Innsbruck

Petar Despotovic DBA-Student im Programm des MCI und der Internationalen Universität Monako