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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on Blockchain Carbon Asset Management System Based on FISCO BCOS

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DOI: 10.25236/icmmct.2023.002

Author(s)

Yuhao Zhang, Hong Zhou, Jiaqi Wu, Weiping Deng, Haibo Yi

Corresponding Author

Haibo Yi

Abstract

Blockchain technology, with its decentralized and tamper-proof nature, has found potential applications beyond digital currencies. This paper focuses on building a carbon asset management platform based on FISCO BCOS, an enterprise-grade blockchain platform developed by the Chinese company FISCO. The steps involved in building this platform include defining the requirements, setting up the network, developing smart contracts, integrating with external systems, testing and deploying, and monitoring and maintaining the platform. By combining technical expertise and industry knowledge, this platform can effectively manage carbon assets, including tracking emissions data, managing offsets, and automating carbon accounting processes. The platform's potential impact is significant, as it could streamline the carbon asset management process, improve transparency, and help organizations meet their sustainability goals. Overall, this paper highlights the importance of leveraging blockchain technology to address pressing environmental challenges and the need for continued research in this area.

Keywords

blockchain, carbon, asset management, FISCO BCOS