The problem PROJECT ZERO -carbo creds solves

CarboCred aims to address the problem of carbon emissions and climate change. It attempts to solve several issues related to traditional carbon credit systems:

Transparency and Trust: CarboCred leverages blockchain to create an open and immutable ledger. This builds trust among participants by ensuring that transactions and ownership of carbon credits are verifiable by anyone on the network.

Accessibility: Traditional carbon credit markets are often restricted to large corporations. CarboCred democratizes access, allowing individuals and small businesses to participate, thus promoting inclusivity and wider adoption.

Efficiency and Reduced Costs: By utilizing smart contracts, CarboCred automates the carbon credit lifecycle, reducing administrative burdens and transaction costs, making the system more efficient and cost-effective.

Fractional Ownership and Liquidity: CarboCred supports fractional ownership, which means participants can trade smaller units of carbon credits. This enhances liquidity and provides greater flexibility, making it easier for everyone to participate.

Global Participation: CarboCred minimizes geographical barriers and intermediaries, fostering a global carbon credit market. This promotes efficient allocation and international collaboration in the fight against climate change.

Challenges we ran into

we had a smooth sail with the whole stack, but we had a few hiccups with evm testnet for 5irechain, which was resolved with the help of mentors.
integrating the zk kyc verfication for the adding the user was the tricky part