The Decarb Digest

Decarb.earth Announces Integration of Polygon Blockchain Technology

Written by decarb.earth | Sep 12, 2023 9:19:03 AM

On the mission to help accelerate global decarbonisation efforts, Decarb.earth is proud to announce the integration of Polygon Labs' blockchain technology. This collaboration signifies a pivotal moment in our journey toward optimizing renewable energy projects by helping to achieve transparency in the carbon offsets space.

Optimizing Renewable Energy Projects

Decarb.earth, deploying on Polygon's innovative blockchain, is revolutionizing the way renewable energy projects are implemented. By leveraging Polygon's smart contract capabilities, we're streamlining the process of combining project finance with offset tracking. This synergy allows us to expedite the journey towards a sustainable, low-carbon economy. 

Advanced Digital Measurement, Reporting, and Verification (dMRV) System

The incorporation of Polygon’s blockchain technology has enabled us to develop an advanced dMRV system for the tracking and verification of carbon offsets associated with renewable energy projects. This helps establish transparency, security, and trust in the carbon offset market. By doing so, we are arming organizations and individuals with the tools to make informed decisions when investing in decarbonisation projects.

Accessible Financing for Businesses

Through our integration of Polygon's technology on the Decarb.earth platform, we facilitate cost-effective financing for businesses transitioning to renewable energy. Through our platform, even existing adopters of renewable energy can benefit by gaining access to Polygon-enabled carbon credits. This synergy between businesses and Decarb.earth on the Polygon Blockchain ensures a mutually beneficial outcome for sustainability and financial viability.

Our journey towards a sustainable, eventually regenerative future takes a substantial leap forward with our integration of Polygon’s blockchain technology. By leveraging this technology, we are better equipped than ever to expedite the global decarbonisation initiative.

About Polygon Labs

Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure, and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including Layer 2s (zero-knowledge rollups), sidechains, app-specific chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 327 million, 1.6 million smart contracts created, and 2.9 billion total transactions processed since inception. The existing Polygon network is home to some of the biggest Web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe, and Adobe. Blockchain bitcoin.