International hydrogen market meets blockchain: A new frontier in trade

This research investigates the convergence of the nascent hydrogen market and blockchain technology. Driven by renewable energy policies, hydrogen demand has surged across traditional industries, expanding the overall market. However, hydrogen trading remains a relatively new sector in need of growth and investment. By examining the interplay between trade mechanisms and blockchain within the existing international regulatory landscape, including World Trade Organization frameworks, this study explores the feasibility of blockchain integration. Stakeholder analysis highlights the government as a pivotal actor in this emerging ecosystem. At the same time, to enhance the efficacy of smart contracts, the integration of artificial intelligence is proposed.

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Publication Details

Journal
International Journal of Energy Studies
Published
2024-12-23
DOI
https://doi.org/10.58559/ijes.1536117
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

International hydrogen market meets blockchain: A new frontier in trade

Zafer Utlu, Sofya Morozova, Arif Karabuğa
International Journal of Energy Studies
Blockchain Technology Applications and Security
article

International hydrogen market meets blockchain: A new frontier in trade

Zafer Utlu, Sofya Morozova, Arif Karabuğa
article en

Abstract

This research investigates the convergence of the nascent hydrogen market and blockchain technology. Driven by renewable energy policies, hydrogen demand has surged across traditional industries, expanding the overall market. However, hydrogen trading remains a relatively new sector in need of growth and investment. By examining the interplay between trade mechanisms and blockchain within the existing international regulatory landscape, including World Trade Organization frameworks, this study explores the feasibility of blockchain integration. Stakeholder analysis highlights the government as a pivotal actor in this emerging ecosystem. At the same time, to enhance the efficacy of smart contracts, the integration of artificial intelligence is proposed.

International Journal of Energy StudiesVol. 9(4)
Haliç University (TR), Atlas Üniversitesi, Istanbul Arel University (TR)
Openalex Percentile: Top 62%
Blockchain Technology Applications and Security
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