Blockchain-Based Carbon Credit Trading

Abstract

The growing impact of climate change has made carbon credit trading an essential strategy for controlling industrial emissions. Traditional systems face issues such as fraud, inefficiency, and limited transparency. This paper presents a blockchain-based platform for carbon credit trading that supports the minting, exchange, and burning of digital credits. Organizations can retire (burn) credits to offset emissions and obtain a non-fungible token (NFT) certificate as verified proof of compliance. Through decentralization, immutability, and transparency, the framework removes intermediaries and builds trust. The proposed system offers a secure, scalable, and tamper-resistant solution for verifiable carbon offsetting, advancing sustainable blockchain innovation.