Innovation and Improvement of Carbon Emission Trading Management Model under Blockchain Technology

This article explores the possibility and practice of using blockchain technology to improve the management mode of carbon emission trading. The experiment analyzes the problems existing in the traditional carbon trading market and elaborates on the necessity of applying blockchain technology to carbon emission trading management. In this article, we propose a carbon emissions trading management model. And through several experiments, its effectiveness in improving transaction transparency has been demonstrated. In the efficiency evaluation experiment of blockchain carbon trading, the average transaction processing time of the system based on blockchain technology is 2 minutes, and the average transaction cost is $15. In the transaction liquidity experiment, the average transaction completion time of the blockchain based system is 10 minutes, and the transaction volume is 500 transactions. In terms of market participation and user experience, the average user satisfaction of the system based on blockchain technology is 4 points, with 100 new users added. From the conclusion of the appeal data, it can be seen that carbon trading systems based on blockchain technology are superior to traditional trading systems in improving trading efficiency, enhancing user experience, and market participation.

Authors

Institutions

Publication Details

Published
2024-10-18
DOI
https://doi.org/10.1109/icdacai65086.2024.00024
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Innovation and Improvement of Carbon Emission Trading Management Model under Blockchain Technology

Yaling Peng, Yuanyuan Zhao
Blockchain Technology Applications and Security
article

Innovation and Improvement of Carbon Emission Trading Management Model under Blockchain Technology

Yaling Peng, Yuanyuan Zhao
article en

Abstract

This article explores the possibility and practice of using blockchain technology to improve the management mode of carbon emission trading. The experiment analyzes the problems existing in the traditional carbon trading market and elaborates on the necessity of applying blockchain technology to carbon emission trading management. In this article, we propose a carbon emissions trading management model. And through several experiments, its effectiveness in improving transaction transparency has been demonstrated. In the efficiency evaluation experiment of blockchain carbon trading, the average transaction processing time of the system based on blockchain technology is 2 minutes, and the average transaction cost is $15. In the transaction liquidity experiment, the average transaction completion time of the blockchain based system is 10 minutes, and the transaction volume is 500 transactions. In terms of market participation and user experience, the average user satisfaction of the system based on blockchain technology is 4 points, with 100 new users added. From the conclusion of the appeal data, it can be seen that carbon trading systems based on blockchain technology are superior to traditional trading systems in improving trading efficiency, enhancing user experience, and market participation.

Chengdu University (CN), Neusoft (China) (CN), Chengdu Neusoft University
Openalex Percentile: Top 59%
Blockchain Technology Applications and Security
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.