Carbon-Minus-Token
Digitising climate protection and securely trading CO2 reduction – transparently on the Doichain
The carbon minus token is a tamper-proof, digital record of the saving of 3.67 kg of CO2 that is not released into the atmosphere. This corresponds to the equivalent of 1 kg of elemental carbon.
The tokens are managed on the Doichain and can be securely traded to offset unavoidable CO2 emissions, for example in aviation. The carbon minus token is a means by which climate-friendly behaviour can be rewarded. This token therefore also contributes to the digitalisation of climate protection.
The carbon minus tokens enable companies and individuals to make their efforts to reduce CO2 emissions transparent and traceable. This not only creates incentives for environmentally friendly behaviour, but also makes the contribution to climate protection measurable and tradable.
The following technical tasks are performed by Doichain:
Verification of CO2 savings
The Doichain ensures that the data on CO2 reduction is stored on the blockchain in a tamper-proof and tamper-free manner.
Documentation of CO2 reduction
Every amount of CO2 saved is logged transparently and traceably on the blockchain and recorded in a carbon minus token.
Creation of carbon minus tokens
Carbon minus tokens representing the equivalent of 3.67 kg of CO2 per token are generated on the basis of the verified CO2 savings.
Tradability of the tokens
The Doichain enables secure trading of the CO2 certificates by tokenising the CO2 savings, which can then be used by companies or individuals to offset them.
Secure transfer and management
The Doichain manages the transfer and availability of the tokens to make trading between buyers and sellers secure and traceable.
These processes ensure that CO2 certificates can be created and traded transparently and reliably.