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How to Promote Low-Carbon Cities with Blockchain Technology? A Blockchain-Based Low-Carbon Development Model for Chinese Cities

Authors: Xiwen Fu; Shuxin Wang;

How to Promote Low-Carbon Cities with Blockchain Technology? A Blockchain-Based Low-Carbon Development Model for Chinese Cities

Abstract

Cities are the important spaces, responsible entities and action units for achieving low-carbon and high-quality economy. Blockchain technology provides a new solution for low-carbon development in cities. Based on low-carbon information sharing, low-carbon incentives, low-carbon regulations with blockchain technology, this paper endeavors to propose a low-carbon development model for Chinese cities. The results indicate that: (1) blockchain-based governments, enterprises, city dwellers, and third-party service agencies are important stakeholders in promoting urban low-carbon development; (2) the effectiveness of the blockchain platform needs the coordination between the production and consumption systems, the equal emphasis on systemicity and long-term effectiveness, and the deep integration of government regulations and market mechanism; (3) blockchain-based information sharing instruments, incentive instruments, and regulation instruments should be applied to low-carbon development in cities; (4) blockchain technology promotes low-carbon development for cities in both direct ways and indirect ways. This study can provide a reference for the urban sustainable development in China and other countries.

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Keywords

model, Environmental effects of industries and plants, blockchain technology; Chinese cities; low-carbon development; model, blockchain technology, TJ807-830, low-carbon development, TD194-195, Renewable energy sources, Environmental sciences, Chinese cities, GE1-350

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
gold