Blockchain-based Carbon Credit Platform Development

Achieve transparency, standardization for carbon markets, and improve accessibility

Carbon Credits: Mitigating the Impact on Climate Change

As individuals and companies look for new ways and tools to manage the impact on climate change, carbon credits are getting popular as they help the fossil fuel industry become more efficient.

But, what exactly is a carbon credit? Well, it is a tradeable permit or certificate that gives an individual or company the right to emit 1 ton of carbon dioxide or an equivalent of another greenhouse gas.

The present carbon offset market is rife with inefficiencies. This is because credits are sold in bulk to enterprises, and it results in barriers for smaller groups or individuals. The latter thus struggles to make that environmental impact. But, with blockchain in the picture, small businesses are also matching the levels of tech giants and contributing their bit.

Prolitus’s expertise in technology and IT management let us be your trusted guide along your blockchain-based carbon credit platform development journey. Our flexible approach, mission-driven solutions, and accelerated deployment help you tread faster and gain a solid competitive advantage.

The transparent nature of blockchain is highly beneficial for trading carbon credits while aggregating small buyers for carbon offset projects.

The immutable and highly- secured distributed ledger lets us issue reliably and track carbon credits. Furthermore, public blockchains are easily accessible by small and medium-sized enterprises. This, in turn, reduces the entry threshold for the carbon trading market.

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Blockchain-Based Carbon Credit Ecosystem

What exactly does an end-to-end blockchain-based trading software consist of? Well, here is a list of all the essential components that can help you with the creation, exchange and distribution of credits.

Carbon Credit Token

Carbon credits represented via tokens on a blockchain are represented by digital tokens. Once you mint carbon credit tokens, they are distributed to consumers who could be polluters or carbon emitters—for example, the energy industry.

Secondary Markets

A secondary market or a carbon credit trading platform is a marketplace where you can buy/sell or trade carbon credits. The exchange is fortified with market-leading features and lets traders enjoy the smooth exchange and trading of tokens

Smart Contracts To Rescue

Smart contracts help you mint, burn, and distribute carbon credit tokens. Besides, they also boost the buying/selling and trading of carbon tokens on exchanges.

Why choose Prolitus for Blockchain Carbon Credit Platform Development?

When you make us your carbon credits development partner, you get access to a team of technical experts and marketeers who leave no stone unturned to convert real-world experiences into success stories.

Blockchain Expertise

We have experimented a minimum of 1000 times with blockchain and know what will work best for you. We do a few things, but we do them extremely well.

Team of Enthusiastic Experts

Our team of experts exude the perfect blend of enthusiasm and perseverance needed to refine your offering, following the best tech approach and building communities for your campaigns.

Accelerated Development

We deliver products that are personalized and strike the right chord with your audience. A well-defined roadmap helps us make the process smooth and accelerate development and deployment.

24/7 Support

We don’t leave you hanging after the product launch. Our post-delivery services are something you will not find elsewhere in the market. All you need to do is focus on your business growth while we manage the product.

Mission-Driven Outcomes

We make sure to create that big impact on your users and that you get 10x value from your investments.

Embrace the power of Blockchain to develop the carbon credit platform.

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Our Blockchain Portfolio

AXIA Global

AXIA offers a blockchain-based digital ecosystem without restrictions and rewards hyper-deflationary currency users. AXIA aims to create a digital currency and a transparent, equitable, productive, and fruitful economic system for all parties involved.

Phaeton Network

Phaeton builds sustainable communities with blockchain. Phaeton's business strategy differs from rivals'. Instead of waiting for new businesses to adopt Phaeton Blockchain, the company offers a collaborative working environment to develop and guide Blockchain startups to independence.

FAQ

Frequently Asked Questions

What is the end goal behind carbon credits?

The main goal behind the creation of carbon credits is the reduction of CO2 emissions and other greenhouse gasses resulting from industrial activities. All this is needed to combat the effects of global warming.

How can I calculate carbon credits?

Carbon credits earned are calculated as 0.33 tonnes/MWh/year, under the norms of the Kyoto protocol. So, if you need to obtain 11.86 kg of Silicon, the amount of CO2 production will be calculated as 8.70 kg/MWh/year.

Can individuals buy/sell carbon credits?

Yes, you can voluntarily exchange carbon credits as part of the regulatory framework or in a carbon market. You can also purchase them as an investment and sell them later to make profits.

How can companies or individuals make money from carbon credits?

Carbon credits help save the environment bit by bit. You can sell them to the public, and they can also feel that they made a viable impact. Usually, these are sold for $10 to $20 per tree or plant, and there is no legal limit to selling them. You can leverage the power of blockchain-based carbon credit platform development to manage the entire process with ease and transparency.