Awareness of Blockchain Usage, Structure, & Generation of Platform’s Energy Consumption: Working Towards a Greener Blockchain

Loreen M. Powell; Michalina Hendon; Andrew Mangle; Hayden Wimmer

doi:10.48009/1_iis_2021_114-123

Awareness of Blockchain Usage, Structure, & Generation of Platform’s Energy Consumption: Working Towards a Greener Blockchain

Loreen M. Powell, Michalina Hendon, Andrew Mangle, Hayden Wimmer

Information Technology

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

12 Downloads (Pure)

Abstract

Blockchain is a disruptive information technology innovation with energy consumption. As more organizations look to implement or embrace blockchain innovations, research must focus on making the blockchain greener. This research explores the current innovative blockchain usage, structure, generations, and energy consumption. An energy consumption comparison for consensus protocols is provided along with a list of recommendations for implementing green blockchains. This paper provides a significant impact upon previous literature and aids organizations considering implementing a green blockchain.

Original language	American English
Journal	Issues in Information Systems
Volume	22
DOIs	https://doi.org/10.48009/1_iis_2021_114-123
State	Published - Jan 1 2021

Keywords

Blockchain
energy consumption
environmental sustainability
green IT
hash rate
proof of state
proof of work

DC Disciplines

Computer Sciences

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.48009/1_iis_2021_114-123License: Unspecified

Awareness of Blockchain Usage Structure & Generation of PlatforFinal published version, 389 KBLicense: Unspecified

Cite this

@article{e70c3246c02a45a5b0ba83568dca3598,

title = "Awareness of Blockchain Usage, Structure, & Generation of Platform{\textquoteright}s Energy Consumption: Working Towards a Greener Blockchain",

abstract = "Blockchain is a disruptive information technology innovation with energy consumption. As more organizations look to implement or embrace blockchain innovations, research must focus on making the blockchain greener. This research explores the current innovative blockchain usage, structure, generations, and energy consumption. An energy consumption comparison for consensus protocols is provided along with a list of recommendations for implementing green blockchains. This paper provides a significant impact upon previous literature and aids organizations considering implementing a green blockchain.",

keywords = "Blockchain, energy consumption, environmental sustainability, green IT, hash rate, proof of state, proof of work",

author = "Powell, {Loreen M.} and Michalina Hendon and Andrew Mangle and Hayden Wimmer",

year = "2021",

month = jan,

day = "1",

doi = "10.48009/1_iis_2021_114-123",

language = "American English",

volume = "22",

journal = "Issues in Information Systems",

issn = "1529-7314",

publisher = "International Association for Computer Information Systems",

}

TY - JOUR

T1 - Awareness of Blockchain Usage, Structure, & Generation of Platform’s Energy Consumption: Working Towards a Greener Blockchain

AU - Powell, Loreen M.

AU - Hendon, Michalina

AU - Mangle, Andrew

AU - Wimmer, Hayden

PY - 2021/1/1

Y1 - 2021/1/1

N2 - Blockchain is a disruptive information technology innovation with energy consumption. As more organizations look to implement or embrace blockchain innovations, research must focus on making the blockchain greener. This research explores the current innovative blockchain usage, structure, generations, and energy consumption. An energy consumption comparison for consensus protocols is provided along with a list of recommendations for implementing green blockchains. This paper provides a significant impact upon previous literature and aids organizations considering implementing a green blockchain.

AB - Blockchain is a disruptive information technology innovation with energy consumption. As more organizations look to implement or embrace blockchain innovations, research must focus on making the blockchain greener. This research explores the current innovative blockchain usage, structure, generations, and energy consumption. An energy consumption comparison for consensus protocols is provided along with a list of recommendations for implementing green blockchains. This paper provides a significant impact upon previous literature and aids organizations considering implementing a green blockchain.

KW - Blockchain

KW - energy consumption

KW - environmental sustainability

KW - green IT

KW - hash rate

KW - proof of state

KW - proof of work

UR - https://digitalcommons.georgiasouthern.edu/information-tech-facpubs/143

U2 - 10.48009/1_iis_2021_114-123

DO - 10.48009/1_iis_2021_114-123

M3 - Article

SN - 1529-7314

VL - 22

JO - Issues in Information Systems

JF - Issues in Information Systems

ER -

Awareness of Blockchain Usage, Structure, & Generation of Platform’s Energy Consumption: Working Towards a Greener Blockchain

Abstract

Keywords

DC Disciplines

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this