Future Improvements

Right now, we are sitting on the cutting-edge of blockchain, digital MRV and carbon markets as a whole. What we are planning to do is highly ambitious but it is always important to keep one eye on how the system could improve and what the future will bring.

Analytics

One criticism levelled against existing standards bodies is that they are too slow to change their methodologies in response to market/environmental changes. Data is the key to improving the accuracy of these approaches. Data analytics can lead to dynamic methodology improvements, suitable to tackle the challenges of a rapidly developing world.

Trends

Hand-in-hand with this point is the ability for more insightful trend detection within these projects and carbon markets as a whole. Trend detection can be used to detect anomalies, systemic issues or simply better understanding where the market as a whole is headed. The value of these insights is not lost on us and offers an interesting avenue for discovery.

Programmable Carbon

The programmability of blockchains offers a path to a fairer and more equitable carbon market: The NFTs, representing carbon tons, could be embedded with customizable rules, e.g. every time a carbon ton is traded, the project developer/stove user could receive a percentage kickback from the sale.

Composability

Finally, building on blockchain means that, not only do we have access to on-chain carbon markets, but actually we can utilise composability to help scale the VCM. Simply put, others can build upon our innovations and use us as a cornerstone of a more efficient, transparent and scalable carbon market.