An automated next-generation solution to carbon data processing, registration & management.
An automated next-generation solution to carbon data processing, registration & management.
The CarbonCX platform offers new approach to the automated collection, verification, aggregation and processing of accurate telemetry data related to voluntary carbon emission reductions. Each of these efforts are checked against of a variety of recognized and accepted methodologies and protocols. CarbonCX then automatically generates proprietary digital Carbon Reduction Credits™ (“CRCs™”) using secure blockchain technology for the purposes of easy carbon asset management, reporting transparency, and monetization.
Working closely with companies using various technologies and activities to reduce baseline carbon emissions, we capture, process, aggregate and homogenize voluntary carbon reduction efforts into standardized units recorded on the blockchain. Our technology automatically verifies, calculates and aggregates the associated carbon benefit, programmatically mints Carbon Reduction Credits™ in standardized allotments, and provides management tools for reporting, retiring, or listing on various emerging voluntary Carbon Credit exchanges or marketplaces.
The Problem
Encouraging Incremental Carbon Reductions
As much as we need transformational carbon offset projects, we must also encourage the implementation of smaller incremental carbon reduction efforts across every industry and jurisdiction. The cumulative total of these “carbon insets” can have a massive impact and help lower the baseline applied to more “traditional” carbon offset projects.
A healthy voluntary market which includes both transformational projects and incremental improvements can act as a catalyst for the adoption of globally recognized open market standards which can lead to compliance and voluntary market homogeneity. Challenged by a consistent supply of secure, high quality, verified carbon credits, the voluntary market has failed to attract smaller market participants, and to include widespread incremental carbon reduction activities. A technological solution offers more transparency & security, consistent supply & universal credit acceptance to encourage more incremental carbon reduction efforts and attract more to the space.
The Solution
Easy to Implement Carbon “Insets”
Transparent and active carbon marketplaces tied to proven technology solutions will benefit all market participants through easy and automatic collection, validation/verification, and aggregation of homogeneous carbon reduction data, automation of the Carbon Reduction Credit™ creation process at a low cost, and management or listing by market participants.
We use globally accepted methodologies to automatically collect, verify, aggregate and mint CRCs™ registering incremental carbon reduction activities to the blockchain. These can then be introduced to the voluntary carbon market, thereby incentivizing further incremental carbon reduction activities by both large and small market participants.