International Business Machines Corporation (20250005567). BLOCKCHAIN-ENABLED ESG MANAGEMENT
BLOCKCHAIN-ENABLED ESG MANAGEMENT
Organization Name
International Business Machines Corporation
Inventor(s)
Rachana Vishwanathula of Hyderabad IN
Rahul Reddy Ravipally of Bengaluru IN
Shanmugaraja Selvam of Ariyalur IN
Srikanth Manne of Bengaluru IN
BLOCKCHAIN-ENABLED ESG MANAGEMENT
This abstract first appeared for US patent application 20250005567 titled 'BLOCKCHAIN-ENABLED ESG MANAGEMENT
Original Abstract Submitted
a first client device including a blockchain and associated with an environmental, social, and governance (esg) management platform is configured to perform the following. a trading pair between two different sustainability factors is identified by the first client device. a transaction block for the trading pair is generated by the first client device. the transaction block is broadcasted by the first client device to a plurality of client devices associated with the esg management platform. the blockchain is updated upon receipt of a network update, and the network update indicates that the transaction block was accepted by one of the plurality of client devices and a smart contract was generated based upon the transaction block being accepted.