A suite of three reports showcasing Genesis, the BIS Innovation Hub's first green finance project executed in conjunction with the Hong Kong Monetary Authority (HKMA), that explores the green art of the possible through combining blockchain, smart contracts, internet-of-things, and digital assets.
Genesis Report 1 offers a broad perspective from global experts on how finance can drive the transition to a green and sustainable future. Sustainability, the contributors argue, can be better achieved by integrating blockchain and other technology into the processes that bring financial products to market. Opportunities for greenwashing products will be greatly reduced and, at the same time, the technology can be utilised to control risk for both issuers and investors, thereby helping to make truly green investment the norm rather than merely novel.