Technology

We use cutting-edge blockchain technology
Providing you a future proof green-tech environment
Certify your project

Covered
Technology

Blockchain Technology

Applied to processes that already exist to transform the certification process into a transparent flow that helps identify the step in which a project is, without the possibility of change.
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RED Carbon StandardRegistry
on Blockchain

The RED Carbon Standard uses the RED Platform for the certification process and carbon credits issuance and management.
Owns its blockchain Zalmoxis (private Ethereum)
Records internal transactions without gas costs in a network with nodes in each country with existing franchises
Shapes its own vision and tools using both legacy and modern features along the way
Smart contracts are used inside the blockchain to minimize human error and speed the carbon credit issuing process
Blockchain speed was increased by moving to PoR. Our test and main net can support a continuous load of 1,100 transactions per second
The point of encounter for project developers, corporate and individual clients through online access and franchised partners:
Users can calculate, and receive tokens for their sustainable actions
Clients can offset their carbon footprint with published sustainable projects
RED Franchises offer carbon footprint calculation and offsetting to their corporate clients
Having your carbon credits listed on the platform will gain visibility, earn more trust from interested customers and partners and develop your business.

Smart contracts and NFT solutions

Smart contracts and NFT solutions applied to tokenized carbon credits and RED-validated projects are secured on the Ethereum blockchain.

Carbon credits can be tracked

The carbon credits can be tracked and have only one owner at a time.

Each NFT is unique

Each NFT is unique and they are compatible with other systems built on Ethereum blockchain platforms.

NFTs can be sold anywhere

NFTs can be sold anywhere, and the owners have access to the global market.
Data such as project ID and name, the status of the project, SDGs, number of tokenized carbon credits issued, burnt and remaining will be accessible through the RED Registry explorer that will automatically present a project’s information or tokenized carbon credit status based on registered information on the blockchain.
Through the RED Carbon Standard Registry, RED Platform is also pioneering the way for other blockchain and standard sustainability-related companies to have access to the carbon credits issued under the RED Standard. The carbon credits management system will allow access to and from other blockchains, as well as allow other platforms to sell carbon credits on their websites even without blockchain technology.
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ZalmoxisBlockchain

RED Platform’s Zalmoxis blockchain is available for users’ consultation by searching for blocks, addresses and transactions.
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Energy Saving
Energy saving enabled for processing the transactional blocks by switching to POR (Proof of Reputation).
Using a trusted network of authoritative company-owned nodes means that there will be no traditional mining needed and no wasted energy.
For security and transparency, every 24 hours, an encrypted hash will be registered on the public Ethereum network with all internal transactions on RED.

Transparency

All actions registered on the RED Registry, projects, purchases, etc. remain recorded on the blockchain. The information is available for verification.  

Untemperability

The information registered on the blockchain cannot be altered or modified. Accuracy, precision and traceability are extremely important in the process.   

Integration with third parties

Blockchain technology allows for faster and more accurate integration of the registry with other interested parties, as well as for future cooperations between interested parties. 

Live information

All actions are represented on the blockchain: from the issuance of the carbon credits to their retirement.