A community for Blockchain,
Artificial Intelligence and
Climate Change.

Cost modelling

Blockchain

One of the promises of blockchain is that processes could become a lot cheaper by cutting out ‘unnecessary’ intermediate steps. In this use case we plan to gain some insight into the validity of this claim.

We aim to draw up a generalised model or guidelines to regard costs in a blockchain implementation.

We plan to look at one particular implementation of a blockchain, and check whether this implementation will reduce costs compared to the current situation without blockchain.

This exercise will then hopefully allow us to draw up a generalized model or guidelines to regard costs in a blockchain implementation.