G

GreenCredUs

The only currency that saves environment

The problem GreenCredUs solves

Our product helps reduce carbon emission, by using a global carbon currency to buy carbon emitting products. Limited carbon emission can help reduce carbon emission to a greater extent by limiting their carbon producing commodities usage.

Today, climate change is the term scientists use to describe the complex shifts, driven by greenhouse gas concentrations, that are now affecting our planet’s weather and climate systems. It's high time we explore for solution of such complex problems.

To achieve this, we integrated blockchain technology to ahieve global standard and leveraging power of blockchain and tezos network to provide universal and transparent transactions.

Challenges we ran into

We ran into multiple challenges during the hack. We ideated on many different ideas rangin from AI to developer centric to Blockchain but could not get a viable idea that could be made in 40hrs. When we finally got our idea it was too far fetched to be implemented in the real world, so we had to come up with a scaled down version of something that works on a nation wide level, that is carbon credits.

Since the buzz about the crypto currency in 2021, we thought of making one of our own.
So the challenge was:

  1. Applying the theory being used to actual functioning of a crypto currency and a decentralised application.
  2. Writing smart contracts abd deploying it on tezos testnet(delphinet).
  3. Developing a full fledged credits management application seamlessly installable in one tap.

Discussion