Blockchain-Powered Carbon Credits Market: Decentralized Solutions for Climate Action
D Dang, Viet Bui, Truc Do, Linh Nguyen · Advances in intelligent systems research/Advances in Intelligent Systems Research · 2024
This paper explores the integration of blockchain technology to create a DAO to management subDAO, record proof of work and decentralized marketplace for carbon credits.As the world faces increasing environmental challenges, the need for efficient and transparent mechanisms to incentivize carbon reduction efforts is crucial.This research investigates the potential of blockchain to enhance the issuance, trading, and tracking of carbon credits, providing a decentralized solution to support global climate action.