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Carbon Credits

Tokenized Carbon Credits Trading Platform: This idea has strong potential due to its relevance in today's eco-conscious market. It addresses a real and urgent global need—carbon footprint reduction—while leveraging the blockchain for transparency and security in transactions

Carbon Credits

Created At

Scaling Ethereum 2024

Winner of

Arbitrum - Qualifying Arbitrum Submissions

Prize Pool

Project Description

This platform aims to set a new standard in the environmental sector by providing an accessible, efficient, and transparent method for trading carbon credits. It addresses the urgent global need for carbon footprint reduction and supports the growing focus on environmental sustainability. With its deployment on the Arbitrum network, the platform benefits from reduced gas fees and enhanced transaction throughput, making it more accessible to a global audience.

How it's Made

#Shoutout to the partner: By deploying on Arbitrum Sepolia, we were able to test our smart contract in an environment closely mimicking the mainnet, ensuring readiness for a future production deployment.

How It's Made: Technology Stack Our Carbon Credits Trading Platform is a prime example of modern decentralized application design, leveraging the power of the following technologies:

Solidity: The contract is written in Solidity, the leading programming language for writing smart contracts on Ethereum and compatible blockchains.

Hardhat: Used as the development environment for compiling, testing, running scripts, and debugging our Solidity smart contract.

Arbitrum Sepolia: We chose Arbitrum's testnet, Sepolia, for deploying our smart contract, benefiting from its layer 2 scaling solutions that offer lower gas costs and faster transaction throughput.

MetaMask: A crucial component for user interaction with the blockchain, allowing users to manage their accounts and sign transactions seamlessly.

Remix: An open-source web and desktop application that greatly simplified our development process, providing a powerful IDE for smart contract development and interaction directly in the browser.

DevOps and Workflow Our development workflow capitalized on the robust features of Hardhat, facilitating tasks like running scripts, automatic testing, and local network deployment which streamlined our development process. Remix's straightforward interface was particularly useful during the initial development stages for quick testing and deployment.

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