Carbon Trading with Blockchain

@article{Richardson2020CarbonTW,
  title={Carbon Trading with Blockchain},
  author={Andreas Richardson and Jiahua Xu},
  journal={ArXiv},
  year={2020},
  volume={abs/2005.02474}
}
Blockchain has the potential to accelerate the deployment of emissions trading systems (ETS) worldwide and improve upon the efficiency of existing systems. In this paper, we present a model for a permissioned blockchain implementation based on the successful European Union (EU) ETS and discuss its potential advantages over existing technology. We propose an ETS model that is both backwards compatible and future-proof, characterised by interconnectedness, transparency, tamper-resistance and high… 
View PDF on arXiv
View With Semantic Reader
5 Citations
Highly Influential Citations
1
Background Citations
2

5 Citations

SOK: Automated Market Maker (AMM) based Decentralized Exchanges (DEXs)
TLDR
A general AMM framework is established describing the economics and formalizing the system’s state-space representation, and systematically compare the mechanics of the top AMM protocols, deriving their slippage and divergence loss functions.
Internet of Value: A Risky Necessity
  • P. Tasca
  • Future of Business and Finance
  • 2022
Challenges of blockchain in new generation energy systems and future outlooks
Applying blockchain technology for building energy performance measurement, reporting, and verification (MRV) and the carbon credit market: A review of the literature
SoK: Decentralized Exchanges (DEX) with Automated Market Maker (AMM) protocols
TLDR
This work establishes a general AMM framework describing the economics and formalizing the system’s state-space representation, and systematically compares the top AMM protocols’ mechanics, illustrating their conservation functions, as well as slippage and divergence loss functions.

References

SHOWING 1-10 OF 65 REFERENCES
Blockchain technology in the energy sector: A systematic review of challenges and opportunities
Blockchain for smart communities: Applications, challenges and opportunities
Blockchain technology in the chemical industry: Machine-to-machine electricity market
The future of money and further applications of the blockchain
TLDR
Blockchain technology provides an exciting application space for innovation in diverse domains but threatens disintermediation for organizations providing a trusted and auditable account of ownership and transactions, so regulation needs to keep pace with technological developments.
The green blockchain: Managing decentralized energy production and consumption
  • F. Imbault, M. Swiatek, R. de Beaufort, R. Plana
  • Engineering
    2017 IEEE International Conference on Environment and Electrical Engineering and 2017 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe)
  • 2017
Energy systems are evolving towards a more decentralized model accommodate with heterogeneous but competitive energy sources and energy storage systems (ESS). This will enable peer to peer energy…
Incorporating seller/buyer reputation-based system in blockchain-enabled emission trading application
fidentiaX: The Tradable Insurance Marketplace on Blockchain
Three years ago, Alvin Ang and his partner founded fidentiaX in Singapore, with the ambition to create the world’s first marketplace for tradable insurance policies on blockchain. With a 26-page…
REA, Triple-Entry Accounting and Blockchain: Converging Paths to Shared Ledger Systems
TLDR
A genealogical analysis of shared ledger systems from their early forms such as Resource-Event-Agent accounting and triple-entry accounting to their present incarnation in blockchain shows how accounting frameworks developed between the 1980s and the early 2000s constitute the historical roots of TEA.
RE-ENGINEERING THE CARBON SUPPLY CHAIN WITH BLOCKCHAIN TECHNOLOGY
  • Business
  • 2018
The effect of greenhouse gas emissions across the globe is forcing countries as well as companies to redesign their manufacturing processes and reduce their carbon footprint. However, despite…
We Know What They've Been Put Through: Revisiting High-scalability Blockchain Transactions
TLDR
Examining recent network traffic of three major high-scalability blockchains—EOS, Tezos and XRP—over a period of three months reveals that only a small fraction of the transactions are used for value transfer purposes.
...
...