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An Innovative Blockchain-Based Cryptocurrency Model for Sustainable Smart City Ecosystems: TENGRİ Coin

Year 2025, Volume: 3 Issue: 1, 16 - 36, 30.06.2025

Abstract

Purpose – This study introduces TENGRİ Coin, a blockchain-based model designed to promote environmental sustainability. The project aims to offer an innovative approach to rewarding environmental contributions in sustainable smart city ecosystems. By encouraging eco-friendly practices such as recycling, energy conservation, and the use of renewable energy, it supports individuals in reducing their carbon footprint. TENGRİ Coin provides a mechanism for individuals to earn rewards while fulfilling their environmental responsibilities in daily life.
Design/data/methodology – The study developed a model that leverages blockchain technology to record and reward individuals' environmental activities. The model tracks metrics such as the amount of waste recycled, renewable energy produced, and energy savings achieved by users. These contributions are transparently recorded on a blockchain network. The reward system operates automatically through smart contracts, ensuring that earned TENGRİ Coins are securely transferred to users' wallets.
Findings – The TENGRİ Coin model provides an effective incentive mechanism to encourage eco-friendly behavior among users. Its blockchain-based transparent infrastructure enables both individuals and local governments to track environmental contributions effectively. Users can utilize the coins they earn for various purposes, including bill payments, public transportation, social projects, and energy sharing.
Originality/value – This study offers a unique solution by integrating blockchain technology with sustainability goals. Its contribution to the literature lies in enabling environmental contributions to be measured and rewarded systematically. The model aims to foster a collaborative ecosystem between individuals and local authorities, making it a significant step towards achieving sustainability objectives.

References

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  • Mondal, S., & Kulkarni, S. G. (2022). A blockchain based transparent framework for plastic waste management. 14th International Conference on COMmunication Systems & NETworkS (COMSNETS), 332-334, Bangalore, India. https://doi.org/10.1109/COMSNETS53615.2022.9668574
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Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin

Year 2025, Volume: 3 Issue: 1, 16 - 36, 30.06.2025

Abstract

Amaç – Bu çalışma, çevresel sürdürülebilirliği teşvik eden bir blockchain tabanlı model olan TENGRİ Coin’i tanıtmaktadır. Proje, sürdürülebilir akıllı şehir ekosistemlerinde bireylerin çevresel katkılarını ödüllendirmek için yenilikçi bir yaklaşım sunmayı amaçlamaktadır. Geri dönüşüm, enerji tasarrufu ve yenilenebilir enerji kullanımı gibi çevre dostu uygulamaları teşvik ederek, bireylerin karbon ayak izini azaltmalarına katkı sağlar. TENGRİ Coin, bireylerin günlük hayatta çevresel sorumluluklarını yerine getirirken kazanç elde etmelerini sağlayan bir mekanizma sunar.
Tasarım/veri/metodoloji – Çalışma, blockchain teknolojisini kullanarak bireylerin çevresel faaliyetlerini kayıt altına almayı ve bu faaliyetlerden elde edilen katkıları ödüllendirmeyi hedefleyen bir model geliştirmiştir. Modelde, kullanıcıların geri dönüşüm miktarları, ürettikleri yenilenebilir enerji ve enerji tasarrufu gibi veriler, blockchain ağı üzerinden şeffaf bir şekilde izlenmektedir. Ödüllendirme sistemi, akıllı sözleşmeler aracılığıyla otomatik olarak çalışır ve bireylerin kazandıkları TENGRİ Coin'leri cüzdanlarına aktarır.
Bulgular – TENGRİ Coin modeli, kullanıcıların çevre dostu davranışlarını artırmak için etkili bir teşvik mekanizması sağlamaktadır. Blockchain tabanlı şeffaf altyapı, hem bireylerin hem de yerel yönetimlerin çevresel katkılarını kolayca takip etmelerine olanak tanır. Bireyler kazandıkları coinleri, fatura ödemeleri, toplu taşıma, sosyal projeler veya enerji paylaşımı gibi alanlarda kullanabilir.
Özgünlük/değer – Bu çalışma, blockchain teknolojisi ve sürdürülebilirlik kavramlarını entegre eden özgün bir çözüm sunmaktadır. Literatüre katkısı, çevresel katkıların ölçülebilir ve ödüllendirilebilir bir sistemle yönetilmesine olanak sağlamasıdır. Model, bireyler ve yerel yönetimler arasında bir iş birliği ekosistemi oluşturmayı hedeflemektedir.

Ethical Statement

Bu çalışma için herhangi bir etik onay gerekmemektedir.

References

  • Abadi, J., & Brunnermeier, M. K. (2021). Blockchain Economics. https://markus.scholar.princeton.edu/sites/g/files/toruqf2651/files/blockchain_paper_v11f.pdf (12.11.2024)
  • Ali, S., Umar, M., Naveed, M., & Shan, S. (2024). Assessing the impact of renewable energy tokens on BRICS stock markets: A new diversification approach. Energy Economics, 134, 107523. https://doi.org/10.1016/j.eneco.2024.107523
  • Amega, K., Moumouni, Y., Lare, Y., Bhandari, R., Takaudo, P., & Madougou, S. (2024). Power system transformation in emerging countries: A SWOT/ PESTLE analysis approach towards resiliency and reliability. Heliyon, 10, e33018. https://doi.org/10.1016/j.heliyon.2024.e33018
  • Andoni, M., Robu, V., Flynn, D., Abram, S., Geach, D., Jenkins, D., Mccallum, P., & Peacock, A. (2018). Blockchain technology in the energy sector: A systematic review of challenges and opportunities. Renewable and Sustainable Energy Reviews, 100, 143-174. https://doi.org/10.1016/j.rser.2018.10.014
  • Avrupa Birliği. (2024). 'Fit for 55': Council adopts key pieces of legislation delivering on 2030 climate targets. https://www.consilium.europa.eu/en/press/press-releases/2023/04/25/fit-for-55-council-adopts-key-pieces-of-legislation-delivering-on-2030-climate-targets/ (15.11.2024)
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  • Groenfeldt, T. (2024). 7 European banks form blockchain consortium for SMEs, 2017. https://www.forbes.com/sites/tomgroenfeldt/2017/06/28/7-europeanbanks-form-blockchain-consortium-for-smes/#4301004f3818 (26.12.2024)
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  • Horasan, A., Pura, T., & Sönmez, F. (2021). Yeni nesil veri güvenliği bağlamında dağıtık sistemler üzerinde blockchain kullanımı ve Bitcoin uygulaması. Fenerbahçe Üniversitesi Tasarım, Mimarlık ve Mühendislik Dergisi, 1(2), 110-118.
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  • Kirli, D., Couraud, B., Robu, V., Salgado Bravo, M., Norbu, S., Andoni, M., Antonopoulos, I., Negrete Pincetic, M., Flynn, D., & Kiprakis, A. (2022). Smart contracts in energy systems: A systematic review of fundamental approaches and implementations. Renewable and Sustainable Energy Reviews, 158, 112013. https://doi.org/10.1016/j.rser.2021.112013
  • Kouhizadeh, M., Saberi, S., & Sarkis, J. (2021). Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers. International Journal of Production Economics, 231, 107831. https://doi.org/10.1016/j.ijpe.2020.107831
  • Miśkiewicz, R., Matan, K., & Karnowski, J. (2022). The role of crypto trading in the economy, renewable energy consumption and ecological degradation. Energies, 15, 10, 3805. https://doi.org/10.3390/en15103805
  • Merz, M. (2024). Enerchain project overview and key insights, 2018. https://hamburg-business.com/en/news/blockchain-energy-based-projects-across-hamburg (24.01.2025)
  • Mondal, S., & Kulkarni, S. G. (2022). A blockchain based transparent framework for plastic waste management. 14th International Conference on COMmunication Systems & NETworkS (COMSNETS), 332-334, Bangalore, India. https://doi.org/10.1109/COMSNETS53615.2022.9668574
  • Münter, M. T. (2024). PESTLE-Analysis. Reference Module in Social Sciences.Naifar, N. (2025a). Interactions between renewable energy tokens, oil shocks, and clean energy investments: Do COP26 policies matter? Energy Policy, 198, 114497. https://doi.org/10.1016/j.enpol.2025.114497
  • Naifar, N. (2025b). Redefining market interdependencies: The ethereum merge's effect on 4IR assets, renewable energy, and tokens. Finance Research Letters, 73, 106680. https://doi.org/10.1016/j.frl.2024.106680
  • Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. https://www.ussc.gov/sites/default/files/pdf/training/annual-national-training-seminar/2018/Emerging_Tech_Bitcoin_Crypto.pdf (14.11.2024)
  • Okta, P., Made, U., & Upayana, S. (2023). Blockchain technology for circular economy in Plastic Bank. SinkrOn. 8. 637-646. https://doi.org/10.33395/sinkron.v8i2.12210
  • Oyebode, O. J., Chhabra, S., Thakur, G. D, N., Ibrahim, W. K., & Alazzam, M. B. (2023). Improvement of solid waste management by using blockchain technology. 3rd International Conference on Advance Computing and Innovative Technologies in Engineering (ICACITE), 621-625, Greater Noida, India. https://doi.org/10.1109/ICACITE57410.2023.10182424
  • Paliwal, V., Chandra, S., & Sharma, S. (2020). Blockchain technology for sustainable supply chain management: A systematic literature review and a classification framework. Sustainability, 12, 18, 7638. https://doi.org/10.3390/su12187638
  • Peng, P., Liang, F., Fu, Y., Chen, Y., Qui, L. S., & Qi, H. (2024). Unraveling the dynamic nexus: Green cryptocurrencies and their role in sustainable market evolution. Energy, 313, 133660. https://doi.org/10.1016/j.energy.2024.133660
  • Plastic Bank. (2024). Plastik Bank. https://plasticbank.com (15.11.2024)
  • Power Ledger Coin. (2024). https://powerledger.io. (28.12.2024)
  • Rahman, M., Chowdhury, S., Shorfuzzaman, M., Hossain, M. K., & Hammoudeh, M. (2023). Peer-to-Peer power energy trading in blockchain using efficient machine learning model. Sustainability, 15, 18, 13640. https://doi.org/10.3390/su151813640
  • Resmi Gazete. (2024). Sermaye piyasası kanununda değişiklik yapılmasına dair kanun. https://www.resmigazete.gov.tr/eskiler/2024/07/20240702-1.htm.
  • Sedlmeir, J., Buhl, H. U., Fridgen, G., & Keller, R. (2020). The energy consumption of blockchain technology: Beyond myth. Business Information Systems Engineering, 62, 599–608. https://doi.org/10.1007/s12599-020-00656-x
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There are 48 citations in total.

Details

Primary Language Turkish
Subjects Sustainable Development, Financial Economy, Financial Forecast and Modelling
Journal Section Research Articles
Authors

Mert Ökten 0000-0003-0077-4471

Publication Date June 30, 2025
Submission Date January 15, 2025
Acceptance Date May 18, 2025
Published in Issue Year 2025 Volume: 3 Issue: 1

Cite

APA Ökten, M. (2025). Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin. Journal of Economics, Finance and Sustainability, 3(1), 16-36.
AMA Ökten M. Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin. EFS. June 2025;3(1):16-36.
Chicago Ökten, Mert. “Sürdürülebilir Akıllı Şehir Ekosistemi Için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin”. Journal of Economics, Finance and Sustainability 3, no. 1 (June 2025): 16-36.
EndNote Ökten M (June 1, 2025) Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin. Journal of Economics, Finance and Sustainability 3 1 16–36.
IEEE M. Ökten, “Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin”, EFS, vol. 3, no. 1, pp. 16–36, 2025.
ISNAD Ökten, Mert. “Sürdürülebilir Akıllı Şehir Ekosistemi Için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin”. Journal of Economics, Finance and Sustainability 3/1 (June2025), 16-36.
JAMA Ökten M. Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin. EFS. 2025;3:16–36.
MLA Ökten, Mert. “Sürdürülebilir Akıllı Şehir Ekosistemi Için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin”. Journal of Economics, Finance and Sustainability, vol. 3, no. 1, 2025, pp. 16-36.
Vancouver Ökten M. Sürdürülebilir Akıllı Şehir Ekosistemi için Blockchain Tabanlı Yenilikçi Bir Kripto Para Modeli: TENGRİ Coin. EFS. 2025;3(1):16-3.

Journal of Economics, Finance and Sustainability
Recep Tayyip Erdoğan University Alumni Association
RİZE / Türkiye