Review of blockchain-based distributed energy: Implications for institutional development

The future of energy is complex, with fluctuating renewable resources in increasingly distributed systems. It is suggested that blockchain technology is a timely innovation with potential to facilitate this future. Peer-to-peer (P2P) microgrids can support renewable energy as well as economically empower consumers and prosumers. However, the rapid development of blockchain and prospects for P2P energy networks is coupled with several grey areas in the institutional landscape. The purpose of this paper is to holistically explore potential challenges of blockchain-based P2P microgrids, and propose practical implications for institutional development as well as academia. An analytical framework for P2P microgrids is developed based on literature review as well as expert interviews. The framework incorporates 1) Technological, 2) Economic, 3) Social, 4) Environmental and 5) Institutional dimensions. Directions for future work in practical and academic contexts are identified. It is suggested that bridging the gap from technological to institutional readiness would require the incorporation of all dimensions as well as their inter-relatedness. Gradual institutional change leveraging community-building and regulatory sandbox approaches are proposed as potential pathways in incorporating this multi-dimensionality, reducing cross-sectoral silos, and facilitating interoperability between current and future systems. By offering insight through holistic conceptualization, this paper aims to contribute to expanding research in building the pillars of a more substantiated institutional arch for blockchain in the energy sector

Blockchains for accelerating open innovation systems for sustainability transitions

Challenges related to climate change, inequality, environmental degradation, and resource scarcity threaten our ability to sustain ourselves while ensuring an equal and prosperous future. The inherent complexity and interconnectedness of these challenges demand a rethinking of our traditional approach towards organizing our production and consumption systems. Transitions towards sustainability require systemic changes, implying a wide network of actors coordinating for new forms of organizing. This chapter proposes that blockchains could offer opportunities for such organizing by leveraging the various combinations of skills, capabilities, and knowledge across open innovation networks to facilitate transitions. The characteristics of open innovation networks and their significance to blockchains are discussed, and their relevance in sustainability transitions. Democratizing access to knowledge and coding trust and consensus through smart contracts make new and innovative economic spaces and opportunities possible. Firms may have to rethink traditional modes of organizing to seize the multiple opportunities that blockchains enabled open innovation systems present.fi=vertaisarvioitu|en=peerReviewed

Life Cycle Costing and Food Systems: Concepts, Trends, and Challenges of Impact Valuation

Our global food systems create pervasive environmental, social, and health impacts. Impact valuation is an emerging concept that aims to quantify all environmental, social, and health costs of food systems in an attempt to make the true cost of food more transparent. It also is designed to facilitate the transformation of global food systems. The concept of impact valuation is emerging at the same time as, and partly as a response to, calls for the development of legal mechanisms to address environmental, social, and health concerns. Information has long been understood both as a necessary precursor for regulation and as a regulatory tool in and of itself. With global supply chains and widespread impacts, data necessary to produce robust and complete impact valuation requires participation and cooperation from a variety of food system actors. New costing methods, beyond basic accounting, are necessary to incorporate the scope of impacts and stakeholders. Furthermore, there are a range of unanswered questions surrounding realizations of impact valuation methods, e.g. data sharing, international privacy, corporate transparency, limitations on valuation itself, and data collection standardization. Because of the proliferation of calls for costing tools, this article steps back and assesses the current development of impact valuation methods. In this article, we review current methods and initiatives for the implementation of food system impact valuation. We conclude that in some instances, calls for the implementation of costing have outpaced available and reliable data collection and current costing techniques. Many existing initiatives are being developed without adequate consideration of the legal challenges that hinder implementation. Finally, we conclude with a reminder that although impact valuation tools are most often sought and implemented in service of market-based tools for reform, they can also serve as a basis for robust public policies

Peer-to-peer electricity trading and the sharing economy: social, markets and regulatory perspectives

Peer-to-peer (P2P) electricity trading is a new data-driven business model currently being trialed within the energy sector. Introducing P2P transactions to an essential service such as energy supply could have far-reaching implications for individuals and the grid. This paper raises considerations and questions from social, market design and regulatory points of view, which should be understood and addressed by societies and policymakers. It does this by considering under what circumstances it is reasonable to conceptualize P2P electricity trading as part of the sharing economy, and drawing parallels to the sharing economy experience in other sectors. In order to reap the full societal benefits, while avoiding considerable risks to infrastructure and individuals, a policy approach promoting dialogue and innovation is necessary. We suggest the regulatory sandbox is the most appropriate tool to achieve this and would help avoid the breakdown of trust between policymakers and platform companies observed in other sectors

More than a thought experiment : conceptualizing and implementing an Urban Living Lab

In the context of growing urbanization,1 cities are focal points of social interactions. Embedded in bi-directional feedback loops with wider regional environments and the global ecosystem, cities present, simultaneously, ideal reference points and vital arenas for generating debates about and testing pathways toward emerging sustainable models of livability and a redefined prosperity. The latter no longer limited to mainstream economic definitions but encompassing a more holistic societal prosperity, nurtured by shared experiences, enhanced knowledge generation and exchange, eclectic encounters and ample space for creative expression. The paper presents the conceptual development of an Urban Living Lab (ULL). It employs existing literature on ULL to enable a basic frame of reference, draws on the concept of contextual logic and a philosophical understanding of flow to inform processes for rolling out such a multi-stakeholder engagement experiment. The paper attempts to conceptualize an approach that employs community participation to define contours of a socially inclusive and livable society. This approach aims at empowering networks for transitioning towards such a society within a specific context.Content from this work may be used under the terms of theCreativeCommonsAttribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI. Published under licence by IOP Publishing Ltdfi=vertaisarvioitu|en=peerReviewed

HOW BLOCKCHAIN FACILITATES SMART CITY APPLICATIONS– DEVELOPMENT OF A MULTI-LAYER TAXONOMY

A decade after Sathosi Nakamoto published his famous whitepaper, blockchain technology (BT) has started to become widely recognized and used beyond the cryptocurrency Bitcoin. While the financial sector is the most prominent adopter of the technology, numerous other fields of application for the ground-breaking innovation are discussed by researchers and practitioners alike. One key area in which blockchain-based applications are expected to drive radical and disruptive innovation is smart cities. BT provides unique benefits which smart cities can leverage to improve quality of life, adminis-trative processes, and environmental sustainability. However, due to the entrepreneurial dynamics and abundant fields of application for BT in smart cities, an integrated and boundary-spanning analysis is lacking. Thus, our paper aims at analysing how BT is used in different smart city business models to present a multi-layer taxonomy. For this purpose, we identified a global sample of 80 startups which offer products or services for smart cities and examined their business models. The paper explores economic and technological characteristics of blockchain based smart city applications. These unique insights will be useful for researchers, practitioners, and regulators

Quantified vehicles: data, services, ecosystems

Advancing digitalization has shown the potential of so-called Quantified Vehicles for gathering valuable sensor data about the vehicle itself and its environment. Consequently, (vehicle) Data has become an important resource, which can pave the way to (Data-driven) Services. The (Data-driven Service) Ecosystem of actors that collaborate to ultimately generate services, has only shaped up in recent years. This cumulative dissertation summarizes the author's contributions and includes a synopsis as well as 14 peer-reviewed publications, which contribute to answer the three research questions.Die Digitalisierung hat das Potenzial für Quantified Vehicles aufgezeigt, um Sensordaten über das Fahrzeug selbst und seine Umgebung zu sammeln. Folglich sind (Fahrzeug-)Daten zu einer wichtigen Ressource der Automobilindustrie geworden, da sie auch (datengetriebene) Services ermöglichen. Es bilden sich Ökosysteme von Akteuren, die zusammenarbeiten, um letztlich Services zu generieren. Diese kumulative Dissertation fasst die Beiträge des Autors zusammen und enthält eine Synopsis sowie 14 begutachtete Veröffentlichungen, die zur Beantwortung der drei Forschungsfragen beitragen

The sustainability of blockchain

openBlockchain technology is considered one of the most fascinating technology in the last 20 years. Blockchain system needs improvements due to their problems as all technologies are needed in their lifetime. The major problems are the energy consumption level and CO2 emissions are released into the environment through mining activities. In this thesis, it will be discussed these issues and possible solutions about how to improve blockchain technology as being environmentally friendly