Abstract
The paper provides a chronology of blockchain and cryptoassets development. It describes the principles of Bitcoin, including blocks and transactions. Cryptocurrencies and smart contracts are enabled thanks to blockchain technology, but this technology considerably increases energy consumption and carbon footprint. Hence, the paper indicates how much energy is consumed during the past 2022 year by different blockchain platforms at world scale. The article points as well some prospects of blockchain larger deployment in the future with the aim of enhancing economic inclusion and development.
| Original language | English |
|---|---|
| Title of host publication | 2023 27th International Conference on Information Technology, IT 2023 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9798350397512 |
| DOIs | |
| Publication status | Published - 2023 |
| Externally published | Yes |
| Event | 27th International Conference on Information Technology, IT 2023 - Zabljak, Montenegro Duration: 15 Feb 2023 → 18 Feb 2023 |
Publication series
| Name | 2023 27th International Conference on Information Technology, IT 2023 |
|---|
Conference
| Conference | 27th International Conference on Information Technology, IT 2023 |
|---|---|
| Country/Territory | Montenegro |
| City | Zabljak |
| Period | 15/02/23 → 18/02/23 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities -
SDG 12 Responsible Consumption and Production -
SDG 13 Climate Action
ASJC Scopus subject areas
- Safety, Risk, Reliability and Quality
- Media Technology
- Computer Networks and Communications
- Computer Science Applications
- Information Systems
- Information Systems and Management
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