Advancing the deployment and information management of direct air capture: A solution enabled by integrating consortium blockchain system

Abstract

Direct air capture (DAC) is a critical and emerging Negative Emissions Technology (NET) that directly removes CO2 from the atmosphere, significantly contributing to climate change. However, the deployment and management of large-scale DAC faces challenges such as collections and analysis of energy consumption data, intricate device and system management, emission prediction and operation strategy, precise carbon footprint tracking, etc. This paper proposes the integration of blockchain technology with DAC systems to address these challenges, utilizing blockchain's inherent properties of immutability, security, and transparency. The implementation strategy includes the development of a DAC consortium blockchain system, leveraging a consensus mechanism,¹ ECDSA encryption,² IoT³ integration, and digital signatures. Preliminary modeling of the proposed system suggests potential improvements in operational efficiency and a reduction in data inaccuracies. The proposed system underscores the system's ability to streamline identity verification, improve data collection accuracy, and facilitate secure, confidential information sharing among DAC stakeholders. By enhancing the efficiency and reliability of DAC operations, this approach supports the scalable and effective deployment of NETs in the global effort to combat climate change. Future research will focus on empirical validation through pilot projects and simulations to further substantiate these claims.