BLOCKCHAIN BASED PLATFORM FOR CARBON CREDIT
Climate change is one of the most pressing global challenges of our time, demanding innovative solutions to reduce greenhouse gas emissions and transition towards a sustainable future. Carbon credit trading has emerged as a pivotal mechanism to incentivize emissions reduction and promote environmental responsibility. This technical paper presents a blockchain-based platform designed to revolutionize carbon credit trading, enhancing transparency, security, and efficiency in the process. Traditional carbon credit trading systems suffer from issues of opacity, fraud, and complex intermediaries. In contrast, our proposed blockchain platform leverages the immutable and decentralized nature of blockchain technology to address these challenges.
Mohammad Abubakar, Shakeel Ahamad