Related papers: Issuing Green Bonds on the Algorand Blockchain
In a circular economy, tracking the flow of second-life components for quality control is critical. Tokenization can enhance the transparency of the flow of second-life components. However, simple tokenization does not correspond to real…
Climate change and global warming are the significant challenges of the new century. A viable solution to mitigate greenhouse gas emissions is via a globally incentivized market mechanism proposed in the Kyoto protocol. In this view, the…
Motivated by the recent studies on the green bond market, we build a model in which an investor trades on a portfolio of green and conventional bonds, both issued by the same governmental entity. The government provides incentives to the…
The promising markets for voluntary carbon credits are faced with crippling challenges to the certification of carbon sequestration and the lack of scalable market infrastructure in which companies and institutions can invest in carbon…
Real and effective regulation of contributions to greenhouse gas emissions and pollutants requires unbiased and truthful monitoring. Blockchain has emerged not only as an approach that provides verifiable economical interactions but also as…
Carbon credit systems have emerged as a policy tool to incentivize emission reductions and support the transition to clean energy. Reliable carbon-credit certification depends on mechanisms that connect actual, measured renewable-energy…
Electronic waste (e-waste) is a rapidly growing global problem caused by shorter device lifecycles and rising consumption. India ranks third globally in e-waste generation, producing over 1.7 million tonnes in 2023-24, of which less than…
Traditional smart grid energy auctions cannot directly be integrated in blockchain due to its decentralized nature. Therefore, research works are being carried out to propose efficient decentralized auctions for energy trading. Since,…
Founded in 2017, Algorand is one of the world's first carbon-negative, public blockchains inspired by proof of stake. Algorand uses a Byzantine agreement protocol to add new blocks to the blockchain. The protocol can tolerate malicious…
Blockchain has the potential to accelerate the deployment of emissions trading systems (ETS) worldwide and improve upon the efficiency of existing systems. In this paper, we present a model for a permissioned blockchain implementation based…
This chapter contributes to evolving the versatility and complexity of blockchain-enabled services through extending the functionality of blockchain-enforced smart contracts. The contributions include: (i) a method for automated management…
In the past years trend of microgrids is increasing very fast to reduce peak-hour costs. However, in these systems, third parties are still involved in selling surplus energy. This results in increased cost of energy and there are many…
The rapid development of Artificial IntelligenceGenerated Content (AIGC) has brought daunting challenges regarding service latency, security, and trustworthiness. Recently, researchers presented the edge AIGC paradigm, effectively optimize…
Electronic waste (e-waste) is one of the fastest-growing waste streams worldwide due to rapid technological advancements and shorter device lifespans. Improper disposal releases hazardous substances that harm the environment and human…
Modern societies have adopted government-issued fiat currencies many of which exist today mainly in the form of digits in credit and bank accounts. Fiat currencies are controlled by central banks for economic stimulation and stabilization.…
In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…
Renewable energy has become a reality in the present and is being preferred by countries to become a considerable part of the central grid. With the increasing adoption of renewables it will soon become crucial to have a platform which…
We develop a formal model of Algorand stateless smart contracts (stateless ASC1.) We exploit our model to prove fundamental properties of the Algorand blockchain, and to establish the security of some archetypal smart contracts. While doing…
The service paradigm as we know it has gone through a long journey of evolution and improvement, and it seems that a service-oriented vision to activities in general could serve as a potential platform for the global transition to a…
Collateral is an item of value serving as security for the repayment of a loan. In blockchain-based loans, cryptocurrencies serve as the collateral. The high volatility of cryptocurrencies implies a serious barrier of entry with a common…