Carbon Credit Allotment

Introducing Our Automated Carbon Credit Allotment System the cutting-edge platform to monitor your innovations contribution to carbon reduction. Crown Monkey is your trusted partner in carbon credits allotment, providing efficient and reliable solutions to help you navigate the carbon market and effectively manage your carbon credits. Our services are designed to simplify the process of allocating and managing carbon credits, allowing you to make a tangible impact in reducing greenhouse gas emissions.

Producers:



In CROWN MONKEY we refer producers to those Green Organizations that generate carbon credits with their sustainable practices. In our system, we are trying to automate the process of allotment of credits to the Green Organizations and keep the approver process at last to give them better result-based visualizations and opportunities for those green organizations that follow innovative sustainable approaches.

Below is Our proposed architecture for automated allotment of carbon credits,



Benefits of Our Automated Carbon Credit allotment System:


1. Approve at Last: This will give a better result-based visualization to approvers and better opportunities for green organizations to showcase their energy-saving capabilities with their new and innovative sustainable approaches.

2. Automated: IoT devices are used to gather emission data and with the help of a comparison formula, an equivalent amount of generated credit is calculated thus eliminating traditional ways of using manually predefined values.

3. Transparent: All these measuring devices are integrated with the Blockchain network, therefore all data collected is tamper-proof and stored transparently thus maintaining the trust and feasibility of the system

4. Digital Certification: All the information such as measured results of green projects and their methodologies are shared with approvers and after successful approval, digital certification is generated on Blockchain that holds the validity of credits.

5. Immediate allotment: After successful approval credits are allotted immediately to the wallet of green organizations that can further be used for trade..


Auditors:



These are the entities of carbon market that keeps an eye on all the actions and verify the working of processes.

In our platform we give auditors facilities to monitor and approve actions of organizations using their unique contract address without visiting on-site. This platform helps in tracking carbon credit lifecycle from Generation to Consumption and helps to eliminate various drawbacks like Green Washing, Double Counting etc.

Below is our proposed architecture for Transparently auditing actions of Organizations by Auditors,




At Crown Monkey, we strive to be your trusted partner in the carbon market sector. Our comprehensive range of services aims to support customers at every step of their sustainability journey, empowering them to make a tangible impact in mitigating climate change.