LAPSE:2023.13496
Published Article
LAPSE:2023.13496
Research on the Blue Carbon Trading Market System under Blockchain Technology
Changping Zhao, Juanjuan Sun, Yu Gong, Zhi Li, Peter Zhou
March 1, 2023
To combat global warming, “carbon neutrality” has gradually become a consensus. Some countries have constructed domestic and regional carbon trading markets, and links to global carbon markets are receiving increasing attention. Blue carbon, an important component of nature-based solutions (NbS), has not received the attention it deserves and is still isolated from the carbon trading market. Based on summarizing the existing achievements of blockchain application in carbon trading, this paper analyzes how to make each participating body provide services in the process of blue carbon production, circulation and trading, and designs the architectural diagram of the blue carbon system under peer-to-peer (P2P) transactions based on the theoretical framework of blockchain 3.0. Utilizing the advantages of decentralization, high transparency and non-tamperability of blockchain, we can realize a highly efficient, low-cost and intelligent blue carbon trading management system. Thus, we can make the world pay more attention to the development and utilization of marine resources and increase investment in blue carbon sink projects; and promote the development of blue carbon market, enrich the carbon trading market, and help achieve “emission reduction without reduction in production”.
Keywords
blockchain technology, blue carbon, blue carbon trading, carbon market, carbon neutrality
Suggested Citation
Zhao C, Sun J, Gong Y, Li Z, Zhou P. Research on the Blue Carbon Trading Market System under Blockchain Technology. (2023). LAPSE:2023.13496
Author Affiliations
Zhao C: Changshu Institute of Technology, Changshu 215500, China
Sun J: College of Maritime Economic and Management, DMU, Dalian 116026, China
Gong Y: Southampton Business School, University of Southampton, Southampton SO17 1BJ, UK [ORCID]
Li Z: School of Electromechanical Engineering, Guangdong University of Technology, Guangzhou 510006, China
Zhou P: VeChain, 7 Straits View, Marina One East Tower, 05-01, Singapore 018936, Singapore
Journal Name
Energies
Volume
15
Issue
9
First Page
3134
Year
2022
Publication Date
2022-04-25
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en15093134, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.13496
This Record
External Link

doi:10.3390/en15093134
Publisher Version
Download
Files
Mar 1, 2023
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
61
Version History
[v1] (Original Submission)
Mar 1, 2023
 
Verified by curator on
Mar 1, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.13496
 
Original Submitter
Auto Uploader for LAPSE
Links to Related Works
Directly Related to This Work
Publisher Version