Please enable JavaScript.
Coggle requires JavaScript to display documents.
Implementation problems, Scaling Voluntary Carbon Markets Through Open…
Implementation problems
Challenges
Skalability.
Reason: Conflict with Decentralization and security)
Lack of specialists
System integration
Industry regulation
Energy
Legal
Storage constrains
Security
Impossible data correction
Blockchain and market interaction
Interraction of existing registries
with tokenized credits
Solution: Carbon bridges
Challenge2: Hot should it work?
Synchronization of off-chain and tokenized on-chain credit
Creation of specialized standard for tokens
Retirement of off-chain credits
Challenge1: How to synchronize it?
Each project unique
Challenge: confusing price mechanism
Solution: pooling of the projects
How to stimulate demand?
Solution: taking the tokens out of circulation ("burnt")
Challenges
Non-additionary
Frauds
Double counting
Scaling Voluntary Carbon Markets Through Open Blockchain Platforms
p. 7
Blockchain solutions for carbon markets are nearing maturity p. 786-787
Blockchain’s Scope and Purpose in Carbon Markets: A Systematic Literature Review
p. 27