Voluntary Carbon Offsets
GreenTech is revolutionizing sustainability and carbon offsets
Our platform leverages the Element Blockchain to generate digital tokens directly linked to specific carbon credits. Tokens represent ownership of the corresponding carbon credits and contain essential metadata, including project details, certification data, and unique identifiers. Smart contracts are then deployed on the Element blockchain to govern the integrity and efficiency of tokenized carbon credits, automating the process with transparency, traceability, and security in mind.
With Element’s full in-house utility, carbon buyers can confidently participate in the carbon market, drive sustainable practices, and positively impact the environment, knowing that a reliable and decentralized blockchain infrastructure supports their transactions.
OBJECTIVES CHALLENGES
• Create Economic Efficiency
• Mitigates Environmental Impact
• Drives Technological Advancement
• Achieves International Cooperation
• Lack of transparency
• Additionality
• Consistent standards
• Proof of verification
• Pricing & permanence
MAKE SOLUTIONS
How does it work?
Picture a voluntary carbon offset like a preferred gift card you’re giving Mother Earth. Your “gift card” represents a certain amount of CO2 that has been redeemed or prevented from entering the atmosphere -- or removed from it. Element’s certified mines choose to modernize existing mining operations or shutter, rehabilitating disturbed land into lush, green carbon offset projects.
