COVID-19 also shows how a systemic shock can trigger a leapfrog in digitization
as working from home and the extensive use of videoconferencing quickly
became the new norm. Governments worked with technology companies to
develop tracing apps, with mixed results. The rapid digitization under COVID-19
mirrors a lesson of our earlier CLI Navigating Reports – digital solutions for
complex challenges generally rely on strong and well-functioning social and
institutional frameworks.
Although blockchain has lost a lot of its hype and matured a lot during 2020,
we’re still at the beginning of a major technological revolution and a long way
from using the technology on a broad and mainstream basis. Governments in
particular need further encouragement to use and apply blockchain and Digital
Ledger Technologies (DLT) to accelerate climate action.

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