Version 1
: Received: 3 April 2024 / Approved: 3 April 2024 / Online: 3 April 2024 (14:20:11 CEST)
How to cite:
Nikolaou, I.; Anthopoulos, L. Towards an ITU Standard for DLT Energy Consumption. Preprints2024, 2024040290. https://doi.org/10.20944/preprints202404.0290.v1
Nikolaou, I.; Anthopoulos, L. Towards an ITU Standard for DLT Energy Consumption. Preprints 2024, 2024040290. https://doi.org/10.20944/preprints202404.0290.v1
Nikolaou, I.; Anthopoulos, L. Towards an ITU Standard for DLT Energy Consumption. Preprints2024, 2024040290. https://doi.org/10.20944/preprints202404.0290.v1
APA Style
Nikolaou, I., & Anthopoulos, L. (2024). Towards an ITU Standard for DLT Energy Consumption. Preprints. https://doi.org/10.20944/preprints202404.0290.v1
Chicago/Turabian Style
Nikolaou, I. and Leonidas Anthopoulos. 2024 "Towards an ITU Standard for DLT Energy Consumption" Preprints. https://doi.org/10.20944/preprints202404.0290.v1
Abstract
The emergence of Distributed Ledger Technology (DLT) in the past decade has challenged our imagination to discover new, innovative and disruptive solutions to problems in domains ranging from finance and healthcare to supply chain and smart cities. However, the enormous energy consumption that has been observed in some of the most successful DLT applications raises the question of their long term sustainability. This article reviews the standardization efforts of the International Telecommunications Union (ITU) to provide guidelines to regulators and policy makers for making informed decisions on the applicability and sustainability of DLT architectures from the point of view of energy consumption.
Keywords
blockchain; distributed ledger; energy consumption; standardization; policy making
Subject
Business, Economics and Management, Other
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
