The Fourth Industrial Revolution is transforming the way businesses, economies, and societies function through technologies such as AI, robotics, blockchain, IoT, and Web3. However, this rapid innovation also brings challenges—climate change, excessive resource consumption, and biodiversity loss. To truly build a resilient future, the blockchain ecosystem must evolve to be sustainable, transparent, and accountable.
In a conversation with Express Computer, Pratik Gauri, Co-founder & CEO of 5ire, shares insights on the future of blockchain, Web3, and crypto, and explains why sustainability must be the next step for technology.
1. The inspiration behind 5ire
Blockchain’s lack of sustainable practices was preventing its mainstream adoption. Recognising this, Gauri and co-founder Prateek Dwivedi envisioned a platform that rewards good behavior, drives positive change, and impacts a billion people worldwide. From a simple idea over tea, 5ire was born with a mission to align technology with sustainable development goals (SDGs).
2. Industries primed for blockchain adoption
From finance and government to supply chains, healthcare, and public institutions, blockchain offers trustless, distributed systems that eliminate single points of failure. 5ire is already partnering with governments and institutions across three continents to demonstrate blockchain’s transformative potential.
3. Why sustainability matters in blockchain
The current for-profit model of the Fourth Industrial Revolution has driven ecological crises. Gauri argues for a paradigm shift from profit-maximisation to for-benefit models. True sustainability balances economic, social, and environmental goals, and blockchain can play a pivotal role by ensuring transparency, accountability, and responsible innovation.
4. Greening the supply chain
5ire uses blockchain to improve traceability, monitor CO₂ emissions, incentivise recycling, track resource usage, and promote circular economy practices—especially in agri-food and manufacturing sectors. This enables businesses to achieve compliance while building consumer trust.
5. Driving better sustainability reporting
The demand for ESG-focused reporting is rising. 5ire advocates real-time, verifiable ESG scoring based on transparent, publicly available data—moving away from outdated annual reporting cycles. This empowers investors, regulators, and consumers to make better-informed decisions.
“Our vision is to make sustainable blockchain a reality—driving both economic growth and social good,” Gauri concludes.
