First, due to the technology’s highly influential and disruptive nature in any business model, related stakeholders must be educated and included in a transparent governance approach. Second, in order to ease friction and pave the way for sustainable blockchain development, a number of regulatory issues need to be addressed. Third, a multi-stakeholder collaboration and active co-innovation approach is needed to design feasible pathways for adoption, especially given that blockchain is still a developing technology. Looking into the future, blockchain could also be leveraged as a regulatory tool for monitoring global standards and laws relating to sustainability.