A Design of Photovoltaic Plants Financing Platform Based on Blockchain Technology
Autor: | Yang Ping, Chen Ying, Liu Zejian, Lyu Yuhua, Huang Yuqi |
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Rok vydání: | 2018 |
Předmět: |
Finance
Blockchain business.industry Process (engineering) 020209 energy media_common.quotation_subject Photovoltaic system 02 engineering and technology Investment (macroeconomics) Finance lease Interest rate Credibility 0202 electrical engineering electronic engineering information engineering The Internet Business media_common |
Zdroj: | 2018 International Conference on Power System Technology (POWERCON). |
Popis: | Among several common financing methods for solar project, loans from banks requires many conditions that are not easy to meet. Finance lease is easier to acquire but the interest rate is usually higher than loans. Internet financing lacks credibility and efficient regulation methods. Blockchain provides a decentralized, tamper-resistant, auditable ledger. This paper proposed a design of photovoltaic plants financing platform based on blockchain technology. The open source blockchain framework Fabric is used and smart contracts are developed to conduct automatic and compulsory transactions, thus improving the efficiency of financing process. |
Databáze: | OpenAIRE |
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