How our process works
- Forest owners apply on our website to get compensated for their carbon absorption.
- We check if the forest owner really owns the trees and if he complies with our guidelines.
- If yes, we will compensate them with CO2 tokens based on the Bitcoin Colored Coin concept.
- The forest owner can then sell the CO2 token on an exchange platform for an additional source of income.
- A trucking logistics company can decide to buy CO2 tokens and burn them for each ton of CO2 they emit into the atmosphere.
- Everyone can check how many CO2 tokens the logistics company removed on the blockchain.