Topic: EVC(Eco Value Coin) projects (Read 153 times)
Project 1. CER Exchange Project
The international carbon market and the price of carbon credits continue to rise year after year, making them a very popular investment item these days. However, Carbon emissions reductions trading is usually done between companies. At present, CER transactions are only available between companies. The Eco-Value Foundation will establish a P2P carbon trading exchange where individuals as well as corporations can trade CERs as investment product.
P2P Platform
1. Buyer ‘A’ transacts with seller ‘B’ using EV Coin
2. The transaction is represented as ‘block’
3. The transaction block is broadcasted to every participant.
4. The blockchain validates and approves transaction using algorithms.
5. The verified block is stamped and linked to the other blocks in the chain providing transparent record of transactions.
6. The transaction between A and B is complete.
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