Response to ChainSafe’s bounty. Read more about our goal and motivation at: (see https://github.com/ChainSafeSystems/ECOHacks)
Thanks to ChainSafe’s CEO Aidan Hyman for the motivation and mentorship needed to tackle this challenge.
“Parties shall, where engaging on a voluntary basis in cooperative approaches that involve the use of internationally transferred mitigation outcomes…”Paris Agreement – Article 6.2
Putting the Paris agreement on the blockchain? Cryptocurrency and Climate Change? Meet CarbonCoin! Implementing internationally transferable mitigation outcomes (ITMOs) on the Ethereum blockchain.
Article 6.2 of the Paris Agreement requests a method for transferring and accounting for ITMOs. CarbonCoin uses a solidity smart contract to track, transfer, create, and mitigate (burn) ITMOs using the ERC721 standard for non-fungible tokens.
View more on Github! Or see our presentation below:
All files available on Github 🙂