Evaluation of Blockchain for Carbon Traceability

Explore how blockchain technology can revolutionize carbon footprint tracking. Discover its potential to enhance transparency, pinpoint emissions, and empower sustainable supply chains.

1. Sustainable energy
Evaluation of
Blockchain for
Carbon Traceability
www.transgenie.io

2. 01
Carbon traceability is
the process of tracking
the carbon footprint of
a product or service
throughout its lifecycle.
02
It includes tracking the
emissions associated with all
stages of the product
lifecycle, from raw material
extraction to production,
transportation, use, and end-
of-life disposal.
03
Carbon traceability can
be used to identify areas
where emissions can be
reduced and to ensure
that carbon offset
projects are delivering the
promised environmental
benefits
What is Carbon Traceability?

3. Blockchain is a distributed ledger technology that can be used to create a secure and transparent
record of carbon emissions.
Blockchain is a tamper-proof ledger, which means that once data is added to the blockchain, it
cannot be changed or deleted.
This makes blockchain ideal for tracking carbon emissions, as it can ensure that the data is accurate
and reliable.
Blockchain can also be used to create a transparent record of carbon emissions, which can help to
build trust between businesses, consumers, and regulators.
Why Use Blockchain for Carbon
Traceability?

4. There are a number of challenges associated with using blockchain for
carbon traceability.
One challenge is the scalability of blockchain. Blockchain networks can be
slow and expensive to transact on, which can make them impractical for
tracking large volumes of data.
Another challenge is the integration of blockchain with existing carbon
accounting systems. Businesses will need to invest in new systems and
processes to integrate blockchain with their existing carbon accounting
infrastructure.
Finally, there are a number of regulatory challenges associated with using
blockchain for carbon traceability. Regulators will need to develop new
rules and standards to govern the use of blockchain in this area.
Challenges of Using Blockchain
for Carbon Traceability

5. Evaluation Criteria
for Blockchain-Based
Carbon Traceabaility
Systems
Security
Transparency
Scalability
Cost
The system should be secure from
unauthorized access and tampering.
The system should provide a transparent
record of carbon emissions that can be trusted
by all stakeholders.
The system should be able to scale to
accommodate large volumes of data.
The system should be

6. The Future of Blockchain for Carbon Traceability
Blockchain has the potential to revolutionize carbon traceability.
Blockchain-based carbon traceability systems can provide a number of benefits,
including improved data security, transparency, and trust.
As blockchain technology continues to develop, and as businesses and regulators
gain more experience with this technology, the challenges of using blockchain for
carbon traceability will become less significant.
In the future, blockchain-based carbon traceability systems could become the
standard for tracking the carbon footprint of products and services.

7. Blockchain is a promising technology for carbon traceability.
Blockchain-based carbon traceability systems can provide a number of benefits, including
improved data security, transparency, and trust.
The challenges of using blockchain for carbon traceability are not insurmountable.
As blockchain technology continues to develop, and as businesses and regulators gain more
experience with this technology, blockchain-based carbon traceability systems will become
more widespread.
Conclusion

8. Get in Touch
www.transgenie.io
www.transgenie.io
[phone]
[email protected]
Contact us @Transgenie to upgrade your
business with a robust traceability system.