Shaping the Future of Carbon Removal
World’s first end-to-end carbon credit ecosystem that automates the verification and certification process in real time using proprietary AI-powered technology linked to our proprietary carbon credit trading platform.
Track credits by size, type and location
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Carbon Credit Producers
Achieve your climate goals by connecting directly with carbon credit buyers. Our transparent and secure transaction process allows you to bundle credit portfolios and set preferred prices, providing maximum value for your carbon removal efforts.
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Carbon Credit Buyers
U-Credit provides carbon credits and offsets from multiple sources, locations, and values allowing buyers to meet their specific needs.
Provide offers to trade based on credit price and type
Buy and sell your carbon credits on our easy to use online platform. Set the prices that work for you based on location, type, and other factors.
Certificates for Credits redeemed provided for documentation
Once a carbon credit has been redeemed to offset carbon emissions, you will receive a certificate verifying the offset has been used and taking it out of circulation
How it Works
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Our patented process uses proprietary AI algorithms to verify data measured on site with third party data, such as satellite data provided by NASA and NOAA to simplify and automate the verification and certification process.
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Clear methodologies help make the process transparent, increasing the integrity of the credit, with key data securely stored for verification
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Once U-Credit has verified the carbon credit produced, the credit is then tokenized and minted, maintaining key reference information such as location, size, date, and type.
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Once verified, the tokenized credit is tracked through a digital ledger as it is sold or traded, until finally redeemed as an offset
Solving the Hard Problems of the Carbon Credit Market
Reduces the complexity and cost of credit verification
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The Problem
Carbon credit verification is a rigorous process that involves various steps to ensure the legitimacy of the credits. The verification process typically starts with the project developers who implement carbon reduction activities which generate the credits. The carbon credit producer needs to provide evidence of the carbon reduction, such as monitoring data, project reports, and other relevant documentation. Third-party validators can take up to a year and over $100,000.
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The Solution
Using U-Credit’s proprietary AI-powered technology, we automate the verification process to eliminate the need of using a third-party validator, saving you significant time and money.
Improves the integrity of the credits
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The Problem
Many of the processes used to verify carbon credits are subjective, and so depend on the judgement of the certifying agent. Over the past few years, the integrity and quality of carbon credits that have been approved has been questioned, resulting a reduced interest and lower prices in the voluntary carbon credit market. Some credits have even been sold as offsets on multiple markets.
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The Solution
U-Credit uses AI/ML to process multiple sources of third party data, such as from NASA and NOAA satellites, to confirm and validate the data provided from the carbon credit producer in real time. Furthermore, once the credit has been verified, it is published to the blockchain to create an immutable, tamper proof NFT which is then tracked through to its redemption as an offset. The improved transparency and legitimacy of the process increases the value of the credits.
Simplifies monetization of the credits
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The Problem
Currently carbon credit markets are used primarily by large users and producers who can afford the approval process. The costs don’t end there, though. Once a producer has a validated carbon credit, it then has to obtain approval for selling the credit on an exchange, resulting in additional time and costs to the seller.
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The Solution
Once U-Credit has approved a producer’s credit, it is immediately available for sale and trading on the U-Credit trading platform, with no additional approval required. The simplicity of the overall process of verifying, buying and selling credits on the U-Credit platform should incentivize more parties to join the market and create more trading opportunities.
