| At present,carbon asset trading has been widely used all over the world,and the trading model has been improved according to the local situation to optimize the market structure,so the carbon asset trading model has also received international academic attention.In recent years,China’s carbon market has been gaining momentum,but after analyzing the current situation of China’s carbon market and comparing it with the international carbon market,we found that China’s carbon asset trading market is still facing some problems as follows:firstly,the lack of a perfect trading mechanism,insufficient trading liquidity and independence,which leads to multiple market risks;Secondly,China’s carbon trading system has the risk of centralization,with prominent information asymmetry and low trading efficiency;thirdly,the configuration of government regulatory functions is unreasonable,and supervision needs to be strengthened.At the same time,the trend of digitization of assets has also aroused great concern,and the features of blockchain technology,such as openness and transparency,immutability,data reliability and distributed consensus,are compatible with the digital trading of carbon assets and can establish the credit foundation of digital carbon assets.Driven by both the renewal of financial payment and the rapid development of blockchain technology,the research uses blockchain technology to conduct digital carbon asset trading in response to the existing problems of China’s carbon trading market and carbon trading system,completing five trading processes including transaction information upload,transaction matching,transaction verification and execution,transaction information storage and value transfer,and realizing the digital carbon asset trading framework based on blockchain technology.and process.Then,a carbon emission trading simulation model is built on the basis of blockchain,and the behavior rules of trading subjects and market trading process are established.Finally,we simulated the carbon emission trading model based on the federated chain using Hyperledger Fabric platform,and compared the simulated model with the national carbon trading system for analysis.The simulation results prove that the carbon emission trading system implemented on the basis of blockchain can ensure the rapid matching and accurate execution of transactions,thus improving the transparency of transaction information and ensuring the rationality and safety of transactions.Based on the theoretical analysis and empirical results,this thesis makes the following recommendations:the government can use blockchain technology to develop a new pattern of China’s carbon asset trading market,promote energy conservation and emission reduction,and accelerate the realization of China’s goal of carbon peaking and carbon neutrality from three aspects:improving the market trading mechanism,reducing the risk of the trading system,and developing a new path of government supervision. |