Green Business Transformation Through Tokenized Carbon Assets: Blockchain-Enabled Pathways for Industrial Decarbonization and Sustainable Innovation
Main article
Abstract
Carbon-intensive firms increasingly face pressure to reduce emissions while maintaining financial viability, operational resilience, and long-term innovation capacity. This article develops a green business transformation framework in which tokenized carbon assets, verified through blockchain-enabled accounting and smart contracts, become a practical pathway for industrial decarbonization and sustainable innovation. Building on the research direction of blockchain-supported carbon data accounting and asset circulation for transformation finance, the study reframes the problem from a business and green innovation perspective. The proposed framework connects industrial emission monitoring, data verification, token issuance, asset circulation, and reinvestment into low-carbon process innovation. A simulated multi-sector dataset covering energy, manufacturing, logistics, and urban service facilities is used to evaluate how tokenized carbon assets may improve transparency, verification speed, asset liquidity, and innovation reinvestment. Results suggest that blockchain-enabled tokenization strengthens carbon data reliability, reduces verification latency, lowers double-counting risk, and creates a structured channel through which verified emission reductions can support green business model transformation. The contribution of the article lies in showing that tokenized carbon assets should not be viewed only as financial instruments. When designed with credible data governance, they can operate as an organizational mechanism that links environmental performance, capital allocation, and sustainable innovation strategy.
