Paper Title: Efficient Blockchain Decarbonization: A Hyperledger Besu Perspective on Emission Allowance Markets
Conference Name: Korean Institute of Communications and Information Sciences (KICS Winter 2024) Conference
Abstract: In response to the urgent challenge of decarbonization and the intricate issues surrounding Transparency and Accountability in emission allowance markets, this study introduces a blockchain-driven solution employing Hyperledger Besu to address these challenges. The proposed architecture integrates Smart Contracts, On-Chain Storage, Identity Management, and a Proof-of-Authority (PoA) Consensus system. Performance evaluation shows peak throughput achieved by IBFT2.0 at 67.83 TPS, followed by QBFT and Clique at 70.31 TPS and 70.53 TPS, respectively. These results highlight Hyperledger Besu's efficacy in addressing the multifaceted challenges of emission trading within permissioned blockchain networks.
Status: Published
Conference Type: Domestic
Cite: Gifar Arif Haryadi, Revin Naufal Alief, Jae-Min Lee, Dong-Seong Kim "Efficient Blockchain Decarbonization: A Hyperledger Besu Perspective on Emission Allowance Markets", Korean Institute of Communications and Information Sciences (KICS Winter 2024)