Quotation Kawasmi, Enas Al, Arnautovic, Edin, Svetinovic, Davor. 2014. Bitcoin-Based Decentralized Carbon Emissions Trading Infrastructure Model. Systems Engineering. 18 115-130.


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Abstract

This paper presents a system-of-systems architecture model for a Decentralized Carbon Emissions Trading Infrastructure (D-CETI) with focus on privacy and system security goals. The structure and behavior are implemented as a solution to the problem of trading carbon emissions anonymously among the trading agents. Privacy and security of the trading agents and their carbon credits are the main requirements behind the architecture of D-CETI. The decentralized structure of multiple systems and distributed behavior are the two main features of D-CETI that distinguish it from the traditional carbon trading schemes and protocols. D-CETI is based on Bitcoin, a peer-to-peer digital currency with no central authority, and Open Transactions, a system that simplifies the use of cryptography in financial transactions. The architecture of D-CETI is evaluated and compared with the architecture of five other carbon emissions trading platforms.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Systems Engineering
Citation Index SCI
Language English
Title Bitcoin-Based Decentralized Carbon Emissions Trading Infrastructure Model
Volume 18
Year 2014
Page from 115
Page to 130
Reviewed? Y
URL https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1002%2Fsys.21291
DOI http://dx.doi.org/10.1002/sys.21291
Open Access N

Associations

People
Svetinovic, Davor (Details)
External
Arnautovic, Edin (Department of Electrical Engineering and Computer Science, Institute Center for Smart and Sustainable Infrastructures (iSmart), Masdar Institute of Science and, United Arab Emirates)
Kawasmi, Enas Al (Department of Electrical Engineering and Computer Science, Institute Center for Smart and Sustainable Infrastructures (iSmart), Masdar Institute of Science and, United Arab Emirates)
Organization
Information Systems and Operations Management DP (Details)
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