Construction of Chinese Smart Water Conservancy Platform Based on the Blockchain: Technology Integration and Innovation Application

Ying Zhang, Wenwen Luo and Feifei Yu
Additional contact information
Ying Zhang: Business School, Hohai University, Nanjing 211100, China
Wenwen Luo: Business School, Hohai University, Nanjing 211100, China
Feifei Yu: Business School, Hohai University, Nanjing 211100, China

Sustainability, 2020, vol. 12, issue 20, 1-16

Abstract: Blockchain technology has triggered a new round of technological innovation and industrial change. Promoting the deep integration of blockchain technology and smart water conservancy has become an essential part of the digital transformation of the Chinese smart water conservancy industry. On the basis of the analysis of the framework of the smart water conservancy system and the technology infrastructure model of the blockchain, a conceptual model of a smart water conservancy information sharing platform is established. The platform has four-in-one and multicentralized participants including government departments, water conservancy enterprises, the public, and third-party maintenance, and the design of “alliance chain + private chain” dual chain smart contract. Moreover, the multidimensional scenarios of smart water conservancy innovation applications incorporating blockchain platform technology are addressed. Then, the water rights trading market is taken as an example to propose an innovative development path with consensus mechanisms, smart contracts, asymmetric encryption, and information source tracing. Although there may be some questions and challenges related to smart water conservancy and blockchain technology, this paper can provide a reference for the sustainable development of the smart water conservancy industry due to its fundamental societal contributions.

Keywords: Chinese smart water conservancy; platform construction; blockchain technology; innovative application (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/20/8306/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/20/8306/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:20:p:8306-:d:425391

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().