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CCAB

CCAB

Carbon Credit on Aptos Blockchain

Created on 28th February 2025

CCAB

CCAB

Carbon Credit on Aptos Blockchain

The problem CCAB solves

We are developing a blockchain-powered Carbon Credit Marketplace where companies can seamlessly purchase, trade, and manage carbon credits while participating in eco-friendly initiatives. Companies running out of carbon credits can buy verified credits through our platform, paying for a full year’s credits with the total cost split into 12 monthly payments for better cash flow management. After deducting a small platform commission, funds are converted into Aptos coins and stored in the company’s Aptos wallet, which can be used to purchase carbon credits from other companies or certified environmental projects. All transactions, credit transfers, and ownership records are stored transparently on-chain, ensuring compliance and traceability. Companies can also earn green points by participating in initiatives like tree planting, boosting their Green Score which unlocks discounts, badges, and visibility on a leaderboard. Unused carbon credits can be resold to other companies via a secondary marketplace, creating liquidity. The platform offers automated ESG reports to help companies meet regulatory requirements, along with dynamic pricing to reflect real-time market rates. Our revenue model includes transaction fees, premium reporting services, and optional third-party credit verification. By combining blockchain transparency, flexible payments, and green incentives, we aim to build a trusted Web3 ecosystem that accelerates corporate sustainability efforts.

Challenges we ran into

  1. Regulatory Compliance – Ensuring all credits meet international standards.

  2. Onboarding Traditional Companies – Educating non-Web3 companies on using Aptos wallets.

  3. Credit Verification – Verifying legitimacy of offset projects and carbon credits.

  4. User Trust – Building confidence in blockchain-based carbon tracking.

  5. Greenwashing Risk – Preventing fake claims of eco-friendly actions for rewards.

  6. Cross-Chain Integration – Potential need to support credits from other chains in the future.

Tracks Applied (2)

Aptos

This project fits well into the Aptos track by leveraging Aptos blockchain’s high performance, scalability, and security...Read More
Aptos

Aptos

HackNex

Our project fits perfectly into Hacknex by addressing climate change through an innovative blockchain-powered carbon cre...Read More

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