在Algorand区块链上发行绿色债券
Issuing Green Bonds on the Algorand Blockchain
摘要：
绿色债券已被证明是可持续发展的有效工具，但市场增长受到高发行和交易成本的阻碍。缺乏适当的标准化和框架会引发对绿色清洗的担忧。在本文中，我们提出了在Algorand区块链上发行绿色债券的平台。它提供“绿色债券即服务”，通过自动化增加可访问性。该解决方案具有最小的相关成本，并支持部分资产所有权，这两者都将有助于采用，特别是在发展中国家。金融监管机构必须预先批准投资者，并可以在金融违规行为的情况下冻结资产。绿色债券可以直接从发行人或二级市场购买。我们还引入了一个新的机制，发行人可以上传影响报告的证明。一个绿色验证者使用这些来提交一个绿色评级;糟糕的绿色评级会导致声誉受损和经济处罚。
英文摘要：
Green bonds have been shown to be effective tool for sustainability however market growth is impeded by high issuance and transaction costs. The lack of appropriate standardisation and frameworks raise fear of greenwashing. In this paper, we propose a platform for green bond issuance on the Algorand blockchain. It offers "Green Bonds as a Service", increasing accessibility through automation. The solution has minimal associated costs and supports fractional asset ownership, both of which will help adoption especially in developing countries. A financial regulator must preapprove an investor and can freeze assets in the case of financial irregularities. Green bonds can be bought directly from an issuer or in the secondary market. We also introduce a novel mechanism whereby an issuer can upload proof of impact reports. A green verifier uses these to submit a green rating; poor green ratings result in reputational damage and economic penalties.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
