A Study on the Application of Blockchain in Carbon Trading Systems

Abstract

A systematic literature review is presented to understand and analyze the state of the art in Blockchain-based solutions applied to the carbon trading context. The main contributions of the work are twofold: i) updated literature review, emphasizing the contributions of each selected work; ii) classification of the papers based on their main contributions and application domains as well as summarizing and discussing challenges and open research issues. Our results reveal the need for research focusing on understanding the use of advanced technology in complex scenarios of trade and management of carbon credits. This work is intended for researchers who aim to develop methods and techniques that make use of Blockchain technology in the realm of carbon trading.