Reference : The Energy Consumption of Blockchain Technology: Beyond Myth
Scientific journals : Article
Engineering, computing & technology : Computer science
Computational Sciences
The Energy Consumption of Blockchain Technology: Beyond Myth
Sedlmeir, Johannes [> >]
Buhl, Hans Ulrich []
Fridgen, Gilbert mailto [University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
Keller, Robert [> >]
Business and Information Systems Engineering
Yes (verified by ORBilu)
[en] When talking about blockchain technology in academia, business, and society, frequently generalizations are still heared about its – supposedly inherent – enormous energy consumption. This perception inevitably raises concerns about the further adoption of blockchain technology, a fact that inhibits rapid uptake of what is widely considered to be a groundbreaking and disruptive innovation. However, blockchain technology is far from homogeneous, meaning that blanket statements about its energy consumption should be reviewed with care. The article is meant to bring clarity to the topic in a holistic fashion,looking beyond claims regarding the energy consumption of Bitcoin, which have, so far, dominated the discussion.
Fonds National de la Recherche - FnR
FnR ; FNR13342933 > Gilbert Fridgen > DFS > Paypal-fnr Pearl Chair In Digital Financial Services > 01/01/2020 > 31/12/2024 > 2019

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