A Distributed Carbon Ledger: Using Blockchain for Emissions Trading

摘要

Blockchain technology was originally created for the purpose of developing online crypto-currenc Nevertheless, innovations in the technology and its use are seeing it being utilized in many other areas of tra commerce, and logistics. The objective ofthis article is to assess the feasibility of using blockchain technology facilitate carbon emissions trading. This article assesses the design and architecture of both emissions trading c blockchain to show that blockchain technology could theoreticallyfit the role of providing a decentralized carl ledger—a registry and record of transactions in emissions trading that is maintained by a huge network of individm In particular, as international carbon trading and linking is set to become more decentralized after 2020 with the Pc Agreement, we look at whether blockchain could be used for international trading or linking of various natio. programs for emission reduction.