Integrating Blockchain and Smart Contracts for Carbon Credit Management in Thailand: A Preliminary Multidisciplinary Analysis

Blockchain and smart contracts have emerged as transformative technologies for enhancing transparency, security, and automation in carbon credit management. This study explores the integration of these technologies within the context of Thailand’s carbon markets, focusing on system design, user interface development, and blockchain architecture. A UX testing phase was conducted to evaluate usability, security perception, and transaction efficiency. The results demonstrate strong stakeholder trust in blockchain’s security benefits while identifying areas for improvement in user guidance and error feedback. While blockchain-based carbon credit platforms exist globally, this study examines their feasibility in Thailand and highlights potential challenges, including policy considerations and stakeholder engagement. The findings suggest that blockchain and smart contracts can enhance market transparency and compliance mechanisms, paving the way for further research into their broader adoption in sustainability initiatives.

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Publication Details

Published
2025-05-22
DOI
https://doi.org/10.1109/icbir65229.2025.11163290
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
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article

Integrating Blockchain and Smart Contracts for Carbon Credit Management in Thailand: A Preliminary Multidisciplinary Analysis

Thattapon Surasak, Phanthika Trakunsathitman, Chiratt Chaisamran
FinTech, Crowdfunding, Digital Finance
article

Integrating Blockchain and Smart Contracts for Carbon Credit Management in Thailand: A Preliminary Multidisciplinary Analysis

Thattapon Surasak, Phanthika Trakunsathitman, Chiratt Chaisamran
article en

Abstract

Blockchain and smart contracts have emerged as transformative technologies for enhancing transparency, security, and automation in carbon credit management. This study explores the integration of these technologies within the context of Thailand’s carbon markets, focusing on system design, user interface development, and blockchain architecture. A UX testing phase was conducted to evaluate usability, security perception, and transaction efficiency. The results demonstrate strong stakeholder trust in blockchain’s security benefits while identifying areas for improvement in user guidance and error feedback. While blockchain-based carbon credit platforms exist globally, this study examines their feasibility in Thailand and highlights potential challenges, including policy considerations and stakeholder engagement. The findings suggest that blockchain and smart contracts can enhance market transparency and compliance mechanisms, paving the way for further research into their broader adoption in sustainability initiatives.

PTT Public Company Limited (Thailand) (TH), King Mongkut's University of Technology North Bangkok (TH), King Mongkut's Institute of Technology Ladkrabang (TH)
Openalex Percentile: Top 59%
FinTech, Crowdfunding, Digital Finance
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Integrating Blockchain and Smart Contracts for Carbon Credit Management in Thailand: A Preliminary Multidisciplinary Analysis — Thattapon Surasak, Phanthika Trakunsathitman, et al. · (2025) | TGRS Research Map | TGRS