![]() | 0 | initial version |
You can try Decentralized Ledger: Blockchain provides a decentralized ledger where carbon credits can be recorded. Each carbon credit has a unique identifier, and its information is stored in a tamper-proof, transparent ledger Smart Contracts: Smart contracts on the blockchain can automate the certification and trading process. They can be programmed to execute transactions automatically when predefined conditions are met. For instance, a smart contract can release carbon credits to a user's wallet when their emission data meets the required criteria. Data Models and Oracles: Data models are crucial for gathering and verifying emissions data. Users can input their data, which is then verified by oracles, which are trusted external data sources. The oracles can provide real-world data to the blockchain, ensuring the accuracy of the emissions data. User-Friendly Interfaces: To encourage user participation, user-friendly interfaces and apps can be developed. These interfaces would allow users to input their emissions data, track their progress, and monitor their carbon credit balances