Blockchain is a revolutionary technology that offers a secure, transparent and efficient way to record and verify transactions and data. That is why Carbon Planet’s carbon credits are mutated into NFTs, to make them permanent and secure.
Carbon Planet uses Polygon’s blockchain, which operates on a Proof of Stakeconsensus mechanism. This offers several advantages in terms of:
Energy Efficiency: Because the PoS does not require the energy expenditure needed for mining, it consumes much less energy.
Speed and Scalability: Polygon’s blockchain is designed to handle a large number of transactions with minimal energy consumption.
The certificate of removal visible to anyone in the public registry, found on this site, will contain information such as: ownership, place of production, geolocation and methodology applied.
Blockchain technology within our platform is characterized by the following advantages:
It generates a dematerialized security (NFT) certifying ownership of the CDR as well as the data that makes it unique.
It keeps track of who generated the CDR (Carbon Remover), who purchases it and the use of the CDR (compensation, resale, conservation), recording each change in status over time.
It guarantees at any time the backward traceability of the generation path of the CO2 removed by the owner of the NFT and the geolocation of the CO2 removed incorporated into the individual CDR
It guarantees the uniqueness of each CDR (embedded in the NFT), the non-repeatability of the purchase, the non-repeatability of the use in compensation, certified by the distributed public register
It guarantees secure and immutable transactions on the purchase and sale of NFTs, offering total transparency of the market dynamics that determine the formation of the purchase price and sale price of the different families of NFTs.
Carbon Planet uses Polygon’s blockchain, which operates on a Proof of Stake consensus mechanism. This offers several advantages in terms of:
Energy Efficiency: Because the PoS does not require the energy expenditure needed for mining, it consumes much less energy.
Speed and Scalability: Polygon’s blockchain is designed to handle a large number of transactions with minimal energy consumption.
The certificate of removal visible to anyone in the public registry, found on this site, will contain information such as: ownership, place of production, geolocation and methodology applied.
