According to TechFlow, The Block reported that the Bank for International Settlements has launched an initiative calling for sustainable financial solutions using blockchain, artificial intelligence and the Internet of Things. The initiative outlines three key issues it aims to address, including the application of artificial intelligence to strengthen reporting, verification and disclosure mechanisms in the financial services industry; the potential of blockchain technology in auditing and enhancing transparency, traceability and accountability in sustainable finance; and the integration of the Internet of Things and sensor technology into sustainable finance to ensure an informed assessment of impact, risk or compliance.