Tokenization of carbon credits to create a secure, standardized, real-time exchange for generation, sale, purchase, and redemption of carbon credits leveraging blockchain technology.
The ecosystem for carbon credits involves multiple entities. A corporate is usually taxed for pollution, and seeks to purchase carbon credits. These credits come in various forms, the best being the ones accredited by GoldStandard.org. Corporates purchase carbon credits from NGOs who then invest in Sustainability projects which generate carbon credits.
The Carbon credit ecosystem lends itself well for blockchain Saenldf- tokenization. We spell out how the tokenization will work. sustaining ecosystem for green projects