Carbon Credits, Blockchain & Tokenization
Launching Q3 2023High quality credits from vetted projects, supported by blockchain
Quality assurance and verifiable impact for climate change.
High quality credits from vetted projects, supported by blockchain
Quality assurance and verifiable impact for climate change.
Use Bitgreen’s proprietary "token bridge" to create a digital representation of a real-world asset on a blockchain. Tokenizing carbon credits results in greater transparency, liquidity, faster settlement times, and reduces costs.
In March 2023, Bitgreen was selected as a blockchain partner for Gold Standard’s upcoming Readiness Phase for new digital assets. In practice, this means that a Gold Standard carbon token on Bitgreen embodies the same attributes, rights, and privileges as its off-chain counterpart. When the Bitgreen token is bought, transferred or retired, the activity occurs concurrently and automatically to the real-world credit for double-accounting purposes.
Bitgreen works with institutions to help identify and satisfy each organization’s unique demand for carbon offsetting. In this relationship, we assist to identify the acute need and options for participating in carbon markets. Our services include sourcing high quality carbon credits, managing documentation, credit transfer, reporting, and retirement.
Bitgreen can lower transaction costs. Our approach is high-touch, customer-centric, comparative, and scalable.
Bitgreen works with project developers to organize catalytic financing for shovel-ready projects. Developers must pass a high bar for qualification and provide relevant due diligence materials along with an executable plan for bringing their carbon, land tenure or biodiversity project to fruition.
Project Developers can save consulting fees when scoping a carbon project for feasibility and access funding from our network of impact investors.
Use Bitgreen’s auditing methodology to assess the amount of energy your blockchain network uses in real-time. Our tool reflects energy consumption for Proof of Stake networks, their corresponding carbon footprint, and amount of offset required. A separate module can automatically source tokenized carbon credits directly from Bitgreen’s Carbon Marketplace.
Bitgreen developed from scratch an initiative to measure and monitor the real-time carbon footprint of the combined Polkadot and Kusama blockchain networks and all participating network parachains. The output consisted of an open-sourced methodology for measurement and a public dashboard. The project won a $200,000 research grant from the Web3 Foundation.
Tokenization enables new innovations that are simply impossible off-chain. One of those ideas is a royalty "return" to communities. It involves designating a fee on each secondary carbon trade returned to the Project Developer, Community or Indigenous Group who originated the project.
Bitgreen facilitates project-specific credit purchasing as well as portfolio construction of bespoke bundles. Buyers can purchase carbon credits via the Bitgreen wallet, on Polygon using Open Wallet or Metamask, or with a major credit card using Stripe Checkout.
Carbon projects are carefully curated that will produce verifiable emission reductions and certified social and environmental impacts.
Custom software aids in bridging carbon credits to blockchain to improve traceability to eliminate double claiming.
Our platform enables users to compare carbon credit offerings related to a variety of factors.
Credit buyers can buy, hold, or retire carbon offsets directly from the platform.
Blockchain is a specially designed computer operating system built to deliver verifiability, privacy, and cost reduction compared to existing systems.
Bitgreen distinguishes itself with a custom blockchain constructed for carbon markets. Contact us to learn how our platform compares for cost, compatibility and climate proactivity.
We innovate upstream with machine learning and natural language processing to develop tools that will revolutionize carbon credit markets. A few of our primary goals include enhanced quality assurance for purchasers, reduced time to market for project developers, and a greater allocation of benefits for sponsoring conservation communities.
Our platform lays out the basic steps needed to begin feasibility and scoping of a carbon project and enables a project developer to begin filling out key certification design templates for a variety of carbon standards.
Chief Carbon Officer
Tiffany serves as Bitgreen’s Chief Carbon Officer. Prior to joining Bitgreen, Tiffany was Head of Origination – Americas at Viridios Capital. Before Viridios, Tiffany served as Senior business development manager at SustainCERT, the sister organization to Gold Standard Foundation. Her works draws on 15 years of carbon finance experience with publicly traded companies, small business, native communities and non-profit organizations.
Our platform strives to enable buyers and sellers of carbon credits to create, buy, or retire high integrity carbon credits in a manner that increases transparency, traceability, and reduces headline risks.
We are thrilled to share a momentous announcement that has set our community and network abuzz with excitement.
Bitgreen is proud to announce our selection as a blockchain partner for Gold Standard’s upcoming Readiness Phase for new digital assets.
