Digital Technologies and Sustainable Development: Evidence from FinTech, AI, and Blockchain Adoption in G20 Economies

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Authors: Nesrine Gafsi, Amina Hamdouni, Aida Smaoui
Cited by: 10
References: 27

Abstract

In the wake of rapid digital transformation, emerging technologies like FinTech, AI, and Blockchain are reimagining how countries pursue sustainable development. This study examines how FinTech adoption, Artificial Intelligence (AI) readiness, and Blockchain activity influence sustainable development performance across G20 economies over the period 2015–2023. Drawing on Innovation-Driven Growth Theory, the Technology–Organization–Environment framework, and Institutional Theory, the analysis evaluates both the direct and complementary effects of these digital technologies on Sustainable Development Goal (SDG) outcomes using cross-country panel data and key macroeconomic controls. The results show that FinTech, AI, and Blockchain each exert a positive and statistically significant impact on national sustainability performance, with AI exhibiting the strongest effect. Moreover, the findings reveal meaningful digital complementarities, indicating that coordinated adoption of these technologies amplifies sustainable development gains. Overall, the study provides robust macro-level evidence that digital transformation functions as a strategic driver of sustainability and offers policy-relevant insights for G20 governments seeking to accelerate inclusive, transparent, and environmentally responsible development.

Fields of Study & Subjects

FinTech Crowdfunding Digital Finance Economic Growth and Development Energy Environment Economic Growth

Publication details

Journal / source
Sustainability
Publisher
MDPI AG
Volume
18
Issue
5
Pages
2484–2484
Publication date
4 March 2026
Language
EN