Verified Carbon Credits as Digital Assets

Abstract

Abstract Blockchain technology indubitably offers opportunities for the trading of carbon credits through the tokenization of Verified Carbon Credits (VCCs) via DAO (Decentralized Autonomous Organizations). These organizations aim to facilitate the trading of VCCs, improve market transparency, reduce transaction costs by eliminating intermediaries and facilitate market access for small entities interested in exploiting this opportunity. Thus, the purpose of this paper—in line with the content of the U nidroit Project on the legal nature of verified carbon credits—is to analyse the tokenization of VCCs through DAOs, given the development of new platforms created for this purpose. To carry out this analysis, it is necessary to study the concepts of blockchain technology, digital assets and DAO.