Carbon Trading with Blockchain

This lecture covers the concept of carbon trading in the EU ETS, the importance of blockchain technology in this context, and a proposed solution using an AMM-based exchange with the Bancor algorithm. It also delves into network processes with smart contracts, smart contract execution, and double-entry journalization from the perspective of enterprise E. Further, it discusses challenges and considerations in carbon trading, including automated price determination and market adjustments. The instructor emphasizes the impact of technology development on emissions reduction costs, the dynamics of supply and demand in the token exchange, and the authority's role in steering the market for emission reduction.