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Blockchain Technology in Solar Energy

Blockchain Technology in Solar Energy
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Author(s): Erginbay Uğurlu (Istanbul Aydın University, Turkey)and Yusuf Muratoğlu (Hitit University, Turkey)
Copyright: 2021
Pages: 19
Source title: Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-5351-0.ch056

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Abstract

Two of the important topics concerning scientists and governments are blockchain and climate change. After the paper of Satoshi Nakamoto, blockchains became a global phenomenon. After its usage for cryptocurrencies, blockchain is starting to be used for digital protocols and smart contracts. Blockchain technology is used in many sectors, such as banking, finance, car leasing, entertainment, energy, etc. Climate change leads to global warming, which means the long-term warming of the planet. Therefore, governments have made an effort to decrease global warming or keep it stable. One of the mitigation ways of global warming is to use renewable energy. Solar energy is one of the most used types of renewable energy sources, and also blockchain technology is widely used in this sector. In this chapter, the authors investigate the use of blockchain technology in the solar energy sector.

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