Carbonsmith operates a blockchain-powered marketplace for high-quality carbon dioxide removal credits, enhancing transparency in measurement, reporting, and verification. The platform addresses the challenge of funding climate solutions by providing data-driven insights and standardized transactions, enabling businesses and governments to effectively manage their carbon emissions.
Funding
Funding not disclosed
Founders
Product
Problem
The voluntary carbon market suffers from a lack of transparency and standardization, hindering effective investment in carbon dioxide removal (CDR) projects. Inconsistent measurement, reporting, and verification (MRV) processes create uncertainty around the quality and durability of carbon credits, impeding trust and scalability.
Solution
Carbonsmith offers a blockchain-powered marketplace and SaaS platform designed to bring transparency and standardization to the engineered carbon removal sector. The platform facilitates the purchase and sale of high-quality, durable carbon credits through a transparent ledger system that prevents double-counting. Carbonsmith's data-centric software provides advanced data management, analytics, and industry insights for benchmarking and robust due diligence. By streamlining MRV processes and offering portfolio management tools, Carbonsmith empowers businesses and governments to make data-driven decisions and effectively manage their carbon emissions.
Target Audience
Carbonsmith targets businesses and governments seeking to invest in high-quality carbon dioxide removal credits, as well as carbon removal project developers looking for a transparent marketplace to sell their credits.
Features
- Blockchain-powered marketplace for transparent carbon credit transactions
- Standardized off-take agreements for carbon removal projects
- Advanced data management and analytics for carbon credit portfolios
- Real-time smart contract fulfillment for secure transactions
- Streamlined Monitoring, Reporting, and Verification (MRV) processes
- Portfolio management tools with internal insights and market analysis
- Due diligence support for evaluating carbon removal projects