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Carbon Chain

CarbonChain is a decentralized high-performance and nature-friendly blockchain and ecosystem built to revolutionize the carbon industry and help combat climate change.

 
 
 
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CarbonChain is a unique project working towards solving a real-world issue using cutting-edge technologies. CarbonChain aims to grow into a serious competitor and innovator in the carbon markets of the future. By utilizing blockchain technology, CarbonChain will manage to offer complete comprehensive ecosystem-based solutions for trading UN-certified and registered carbon credits.

 
 

World Bank projects Carbon Credit price increase.


Vision

CarbonChain's vision is to create a highly secure and highly scalable decentralized blockchain infrastructure for next generation carbon trading. We intend to make it possible for anyone in the world to participate in the ecosystem through the CarbonChain Coin (CCC). CarbonChain will proportionally distribute 30% of generated revenue from Carbon Credit sales to token holders and supporters of our project. Countries all over the world are introducing a Carbon Tax or Cap and Trade system and this is an ideal mechanism to secure a tax and carbon offset in accordance with their commitments to the Paris Agreement.

Values

CarbonChain  aims to find viable solutions to the climate change issues through: transparency, innovation, and sustainability. CarbonChain is confident that blockchain technology and our eco-friendly solutions will enable for a social, environmental, sustainable, and a meaningful difference to the impact of climate change.

 
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Design of the Network

The network design of CarbonChain is based on the following principles:

  • Improving scalability while maintaining a high level of security and decentralization.

  • Improving user's quality of experience through seamless cross-shard transactions.
  • Focus on an incentive-driven ecosystem.
  • Open standard for various Dapp support.
  • Simple account management for clients.

Most blockchains that focus on scalability, do so by sacrificing security. Since blockchain demand has increased exponentially, it is of utmost importance to maintain a high level of security and decentralization while extending the scalability of the network.

 
 
 

Road Map

 
 
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Consensus Algorithm

 
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To ensure security of all transactions, the root chain and blockchains (shards) of the CarbonChain network, run the following consensus algorithm:

The Rootchain runs the Proof of Work algorithm, which is the same as to what Bitcoin and Ethereum use. This means that, when two forks happen on Rootchain, the fork with the longest length will be the sole survivor.

Each blockchain (shard) runs a consensus called root-chain-first PoW algorithm. Given that there are two forks on one shard, to determine which fork is the strongest and, therefore, the one to survive, the corresponding roots would have to be compared with a node before their fork comparison. If one of the two forks have a longer Rootchain, then this will be the fork to survive. With a consensus algorithm like that, a doublespend attack would have to create a longer root chain fork that includes minor block headers and the minor blocks that are responsible for reverse transactions.

 
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Use of proceeds from the token sale

 
 

Distribution of Tokens

Use of Funds

Sale of Carbon Credits

CarbonChain has set percentages or budgets for each strategic area of the business and for each CarbonChain Token sold. We have tried to find a balance between the budget necessary for the operation of CarbonChain and the necessary investment to promote mitigation actions and development of technologies that produce positive impact on the planet and  its inhabitants.

 
 

Frequently Asked Questions

We are taking advantage of the lack of transparency between the completion/closure of the Kyoto Protocol and the adoption/start of the Paris Agreement. Sustainable development goals are paramount. This is what we can manage and deliver in order to secure the Carbon Credits on new project developments.

 

 

Q.  What is Carbon Chain

A. CarbonChain is a high throughput blockchain that aims to support countries and companies alike to achieve carbon reduction targets set out in the Paris Agreement through, the creation and trade of carbon credits that have been generated from mitigation activities such as renewable energy projects.

Q. What crypto currencies can CarbonChain Coins be purchased through?

A. Bitcoin, Ethereum, Litecoin, Dash, USDT

Q.  There are several 'carbon – climate' related ongoing projects in the crypto space. What makes Carbon Chain different?

A.  Most other 'carbon or climate' coins/tokens that are currently out there – relate mainly to 'self-gratification' – in so such as they only have a 'feel good factor'. Ours, has both a 'feel good factor' – by assisting to combat climate change but, also have a return to the coin holder as a 'revenue share' through the trade of carbon credits to companies using them to reduce their carbon tax liabilities as well as strive to achieve the targets set under the Paris Agreement.

 

Q.  Why can CarbonChain realize the high carbon credit volumes?

A.  With the knowledge base that we have within the company – we have access to a better understanding of Article 6 of the Paris Agreement. As such, the company can seek to take advantage of the 'lack of transparency and understanding' surrounding the relation between the closure of the Kyoto Protocol and adoption of the Paris Agreement.

Q.  How has CarbonChain secured on going carbon credit generation?

A. Carbon Chain International have 3 different contractual agreements – one is a simple ERPA – Emissions Reduction Purchase Agreement – buying credits from a registered VCS or CDM project. The second is to fund the generation of credits from a registered project activity – this will involve such things as the implementation of monitoring parameters and, lastly a 'green field' contract to register the renewable energy project and demonstrate host country sustainability goals in order to generate carbon credits which we would own rather than buy.

 
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A successful entrepreneur with many interests, Skilful manager of people whose core business is financial services. He has co-developed and registered a unique social upliftment program in South Africa for CDM activities and has wide experience in project development throughout Southern Africa.

Adam has been involved in the business of Climate Change since 2004 when he was a board member of D1 Oils PLC – a bio diesel company listed on the AIM in London. He then went on to create C3 – Climate Change Corporation which saw him write the first carbon reduction project in Mozambique. In 2009 he created the first and only United Nation accredited Designated Operational Entity in Africa, which has to date undertaken over 200 audits of mitigation projects worldwide.

Dr. Kilani served on the Executive Board of the UNFCCC Clean Development Mechanisms (CDM) for 5 years. In 2004-2005, he was the Chair of the UN CDM Executive Board. He was Director for the Sustainable Development Mechanisms (SDM) Programme of the United Nations Framework Convention on Climate Change (UNFCCC), where he oversaw negotiations on carbon markets, both in the Kyoto Protocol and the Paris Agreement.

He has recently joined the Abdullah Bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development as Director of Sustainability.

He holds a PhD in Civil Engineering from the University of Birmingham, United Kingdom.

Jitendra has an Advanced MSc in Sustainable Energy Systems and Management from the University of Flensburg, Germany and a B.Tech in Agricultural Engineering from Allanbad University, India. He has over 18 years of experience in the Sustainable Energy, Sustainable Development, and Water Management and Climate Change issues.

This experience gained him a seat on the Expert Panel at the UNFCCC in Bonn Germany, for the registration and issuance of carbon credits from project activities around the world.

Chris holds an MBA from Oxford Brookes University and several financial and valuation certifications. He brings more than two decades worth of senior Banking and Financial Institution experience. Having commenced his banking career heading a Process Re-Engineering department, Chris is armed with an in-depth understanding of all banking and insurance operations across the Retail, Wealth, Investment and Corporate segments.

General Bantu Holomisa (Retired) served as Deputy Minister of the Environment under the Presidency of his good friend, Nelson Mandela. A strong supporter of the environment, he is committed to rural upliftment projects that reduce carbon emissions and create sustainable development goals in line with the Paris Agreement. He is Chairman of The Champions of the Environment a registered NGO in South Africa.

A growth hacker & social media influencer with over 5 million followers across his accounts on Facebook, Twitter & Instagram.

Dr. Chingambo is the founder and Chief Executive Officer of Lloyds Financials Limited, which specialises in asset management, project finance, carbon finance, development of investment instruments and debt restructuring. He is qualified with a PhD in Economic Competitiveness of the countries in the Southern African Economic Community (SADC).

Karin is one of the most experienced corporate sustainable development professionals . She has worked at international level for the past 15 years and brings deep knowledge of both environmental, trade and developmental issues with her. Her focus is on embedding and integrating sustainable development into daily business practice, promoting positive change: she has deep experience in the energy, mining and financial services sectors. She serves on several boards, including Aureus Mining, the Board of the National Business Initiative and the Endangered Wildlife Trust in South Africa. She previously chaired the Global Reporting Initiative's Stakeholder Council for four years after serving on a variety of GRI working groups. She serves on the Integrated Reporting Committee in South Africa and on the associated working group. She has lived and worked and presented in a number of different countries and has a deep passion for and understanding of the African environment and developing countries.

She has worked closely with UNEPFI on issues of climate change and the financing of the transformation to a greener economy.

EXECUTIVE Team

 
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Anthony Aucone is the founder of Green NRG and NextGen NRG's. He has over 27 years of industry experience and has personally achieved over 23 design registrations and patents to his name. In the past five years, Anthony turned his focus to the future of the industry – natural energy. Working with other highly skilled engineers, Anthony researched and developed the MPS, and established NextGen NRG in union with the parent company, LedTek Global.

Joost van Lier graduated with his engineering degree from Stellenbosch University, South Africa, in 2005. He is the co-founder of Blue World Carbon, an international business managing carbon generation and renewable projects. He has also made multiple investments in the Renewable Energy sector. Joost has also been a cryptocurrency trader and investor managing his own successful digital assets investment portfolio since 2014.

Joshua Munson is a marketing and PR representative at ICO Services Inc. He is also currently studying economics at Virginia Commonwealth University. Joshua comes from a background in investing both in small-cap stocks and crypto-currencies. At VCU, Joshua helped manage $200,000 of his university’s endowment money for the Student Managed Investment Portfolio. He was a member of both the Healthcare and Industrial sector. He also founded the small cap, small business club at VCU where he served as president.

Sarah Parker is a resident of Sarasota, FL. She has been involved with crypto-currency and blockchain technology for over three years now. Being an entrepreneur at a young age, when she was first introduced to crypto, she began investing her time and energy in studying the eco-system of Cryptocurrency. By the time she was 25, she began working with a decentralized crypto peer-to-peer (P2P) platform as a business developer and sales manager. She now assists in editing white papers and developing sales tactics for upcoming ICOs and other crypto-related projects. she also works as a marketer, event planner, and media personality locally.

Audrey is a serial entrepreneur versed in organization, management, and execution. From designing and operating a haunted house with 50+ employees, to being a Realtor and trusted advisor to professional athletes and investors with over 5 millions in average yearly sales. Audrey is “IBM Blockchain Essentials” and “Bitcoin 101” certified. She is a member of IBREA, The Government Blockchain Association Atlanta chapter, and the National Association of Realtors. Audrey prides herself on being a crypto and stock trader and is an active and trusted administrator of stock and crypto investing groups totaling over 60,000 members.

“One of 50 must-follow women entrepreneurs in 2017" – Huffington Post. Stephanie Nickolich has garnered worldwide media attention after being featured by Fast Magazine, ABC, Fox and CEO World. She has successfully served over 5000 clients in more than 23 countries over the last few years and made herself known in the tech, startup and blockchain communities as one of the first female pioneers in the space.

Soufiane Boubani is a data-driven digital marketing strategist with over 7 years of in-depth experience in helping industry-leading companies and online businesses realize their marketing objectives. From SEO and web copywriting to CRO and PPC marketing, Soufiane specializes in various digital marketing strategies and advertising channels. He has also published many articles on blockchain and digital currency technologies ever since he got involved with the industry two years ago.

Nicholas is heavily involved with blockchain and cryptocurrency. Having started his career as a marketing expert, Nicholas knows the ins and outs of product vision, marketing, and development. Bridging the gap between creating charitable organizations to overseeing profitable projects, he has been invaluable in building strong products that have sustainable value. Nicholas is an expert at guiding a product from an idea in its infancy into actionable concepts, meeting strict timelines, financial and marketing planning, and overall triumphant execution.

Dimitris has been involved with several Blockchain based startups offering his services as a Communications and Content manager. He has also served as a Director of Operations for ClearAid, a blockchain based charity platform. Dimitris also has extensive experience on Social media management and Digital marketing.

Advisory Board