These guidelines outline allowed, conditional, and prohibited practices for the tokenization of Verified Carbon Credits (VCC) issued by BioCarbon, ensuring responsible and secure carbon tokenization practices.
Blockchain technology holds immense potential to transform carbon markets, driving efficiency and accessibility towards transparent and trustworthy processes'.
With blockchain technology and Distributed Ledger Technologies (DLTs), as well as proper standards and frameworks, BioCarbon takes precautionary measures to minimize the risks associated with VCC, including double accounting, loss of traceability, cybersecurity, and regulatory uncertainty.