Innovation and Improvement of Carbon Emission Trading Management Model under Blockchain Technology
Yuanyuan Zhao, Yaling Peng · 2024
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.