Orchlon Enkhtsetseg
CEO
URECA
URECA is a climate-tech startup that utilizes blockchain technology to facilitate transparent and verifiable carbon offset transactions. The platform enables individuals and businesses to easily participate in carbon offsetting, addressing the challenge of accessibility in the carbon credit market.
- Blockchain & Cryptocurrency
- Clean Technology
- Financial Technology
Updated 14 days ago
Funding
Raised to date
$875KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
The carbon offset market lacks transparency and accessibility, making it difficult for individuals and businesses to confidently participate in carbon reduction initiatives. Verifying the legitimacy and impact of carbon credits remains a challenge, hindering widespread adoption.
Solution
URECA leverages blockchain technology to create a transparent and verifiable platform for carbon offset transactions. By tokenizing carbon credits on a distributed ledger, URECA provides an immutable record of each offset's origin, validation, and retirement. This enhanced traceability increases trust and accountability within the carbon market, enabling individuals and businesses to easily purchase and track the impact of their carbon offsetting efforts. The platform aims to democratize access to high-quality carbon credits, fostering greater participation in global climate action.
Target Audience
URECA's primary customers are individuals and businesses seeking to offset their carbon footprint through verified and transparent carbon credits.
Features
- Tokenized carbon credits on a blockchain for enhanced transparency and traceability
- Immutable record of carbon offset origin, validation, and retirement
- Platform for individuals and businesses to purchase and track carbon offsets
- Verification mechanisms to ensure the legitimacy of carbon credits