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International Business Machines Corporation (20250005567). BLOCKCHAIN-ENABLED ESG MANAGEMENT

From WikiPatents

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.

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