The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Blockchain and IoT for Secure Carbon Credit Transactions: A Decentralized and Transparent Approach
|
|
Author(s): Samridhi Gulati (Raj Kumar Goel Institute of Technology, Ghaziabad, India), Amit Arora (Coupang, South Korea), Sarita Singh (Raj Kumar Goel Institute of Technology, Ghaziabad, India)and Pawan Kumar Goel (Raj Kumar Goel Institute of Technology, Ghaziabad, India)
Copyright: 2025
Pages: 20
Source title:
Advanced Systems for Monitoring Carbon Sequestration
Source Author(s)/Editor(s): Hari Mohan Pandey (Bournemouth University, UK), Pawan Kumar Goel (Raj Kumar Goel Institute of Technology, India), Vipin Balyan (Cape Peninsula University of Technology, South Africa)and Satya Prakash Yadav (Department of Computer Science and Engineering, Madan Mohan Malaviya University of Technology, Gorakhpur, India)
DOI: 10.4018/979-8-3373-2091-5.ch004
Purchase
|
Abstract
The carbon credit market is among the significant factors in addressing climate change because it enables organizations to balance out their carbon footprint. The conventional carbon credit schemes, however, are plagued by inefficiencies, obscurity, forgery risk, and excessive verification costs. This research delves into the use of blockchain and the Internet of Things (IoT) to improve the security, efficiency, and transparency of carbon credit transactions. This chapter focuses on the issues with existing carbon credit markets and proposes a new system based on smart contracts, which automatically validates and authenticates transactions. The proposed system increases trust by eliminating middlemen and simplifying the process of carbon credit issuance through automation. The chapter also considers real-world uses, such as case studies on IBM Energy Blockchain Lab, and Everledger, to showcase how powerful blockchain and IoT can be in assisting with sustainability.
Related Content
|
Himanshu Tyagi, Sandhya Samant, Shalini Verma, Pawan Kumar Goel, Vipin Balyan, Aditi Singh.
© 2025.
38 pages.
|
|
Pawan Kumar Goel, Nageshwar Nath Pandey, Satya Prakash Yadav.
© 2025.
22 pages.
|
|
V. Gayathri, Tanusri Gururaj.
© 2025.
26 pages.
|
|
Samridhi Gulati, Amit Arora, Sarita Singh, Pawan Kumar Goel.
© 2025.
20 pages.
|
|
Anurag Upadhyay, Anshul Kumar, Ajeet Kumar Sharma, Avinash Kumar Kumar Sharma, Saurabh Singhal, Pawan Kumar Goel.
© 2025.
20 pages.
|
|
Pawan Kumar Goel, Satya Prakash Yadav.
© 2025.
22 pages.
|
|
Ruby Panwar, Amit Kumar, Prasenjit Dhar, Ajeet Kumar Sharma, Avinash Kumar Sharma, Pawan Kumar Goel.
© 2025.
24 pages.
|
|
|