Digitalization can play an intersection role in prompting sustainable development. Innovative technologies AI, IoT, and blockchain will be playing a facilitating role in environmental conservation, social inclusion, and economic growth. Mitigation of environmental challenges in several forms such as climate change, and pollution, and promoting social, and economic development through fostering healthcare advancements, education accessibility, and economic empowerment. This study will concentrate on the exploration of the role of digital transformation for sustainable development highlighting its benefits, associated risks, and obstacles in the form of privacy concerns, technological dependence, and disparities in technological accessibility. It will suggest how the stakeholders' governments, businessmen, NGOs, and academicians can play vital roles and promote job creation, economic growth, and holistically maximizing the benefits, mitigating the risk of digitalization in sustainability efforts.