West Science Social and Humanities Studies
Vol. 3 No. 03 (2025): West Science Social and Humanities Studies

Analysis of Blockchain Integration in Carbon Trade Management: A Perspective on Forest Cover and REDD+ Schemes in Indonesia

Haryono, Haryono (Unknown)
Rahman, Arief (Unknown)
Zainal, Rifki Fahrial (Unknown)
Santoso, Bagus Teguh (Unknown)
Endarto, Budi (Unknown)

Article Info

Publish Date
28 Mar 2025

Abstract

The integration of blockchain technology in carbon trade management offers transformative potential for improving transparency, monitoring, and efficiency in Indonesia's REDD+ schemes. This study employs a qualitative approach, analyzing data from three informants—a blockchain expert, an environmental policymaker, and a conservationist—using NVivo software for thematic analysis. Findings reveal that blockchain enhances transparency and trust, streamlines Monitoring, Reporting, and Verification (MRV) processes, and addresses challenges in carbon trade systems. However, barriers such as infrastructure gaps, high implementation costs, and regulatory ambiguities remain. The study underscores the need for targeted capacity building, pilot programs, and robust policy frameworks to enable effective blockchain adoption in Indonesia's carbon markets.

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Journal Info
West Science Social and Humanities Studies
Website

Abbrev

wsshs

Publisher

Westscience Press

Subject

Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

Description

West Science Social and Humanities Studies is an academic journal that focuses on interdisciplinary research in the fields of social science, science, and humanities studies. The journal aims to present high-quality articles that make significant contributions to our understanding of society, ...