LEXECO

LEXECO

Rewarding Sustainability

The problem LEXECO solves

The idea is to create a platform that facilitates trading of carbon credits across different
industries. Initially, carbon credits will be allotted by the government, but these credits will not
be tradeable until the end of the third fiscal year. The trading will be based on the quantity of carbon
emissions in metric tonnes. This platform aims to incentivize businesses to reduce their carbon
emissions by allowing them to trade surplus credits for additional revenue.

Challenges we ran into

Integrating our smart contracts with the frontend presented challenges, primarily due to deprecated functions in web3.js. Navigating this, we had to identify alternative methods, adapting to the evolving landscape. Handling contract complexities posed difficulties in passing values seamlessly.
Filecoin integration into our web app also posed hurdles, leading us to explore alternatives. Opting for lighthouse.storage proved to be a seamless solution, offering straightforward integration through their SDKs and APIs. This streamlined the process, ensuring a smoother integration experience for our project.

Tracks Applied (2)

Lighthouse.storage Track

Lighthouse.storage, utilizing IPFS and Filecoin, is a secure data storage solution pivotal to our carbon emissions audit...Read More

lighthouse

Scroll Track

Our project seamlessly aligns with Scroll, a Layer 2 zero-knowledge rollup on Ethereum, offering enhanced security and f...Read More

Scroll

Discussion