Paper Key : IRJ************037
Author: Ms. Shruti Vasant Sharma,Mr. Swapnil B. Shinde,Mr. Shivraj S. Sakunde,Mr. Ankit S. Kokane
Date Published: 09 Nov 2024
Abstract
as climate trade intensifies the constraints of conventional carbon offsetting systems including restricted transparency high prices and scalability issues have become increasingly more apparent this studies introduces a decentralised framework the use of blockchain and iot to allow a transparent comfy and scalable technique to carbon offsetting and buying and selling iot sensors capture actual-time statistics on co emissions thats then recorded on a blockchain for tamper-proof monitoring and verification by leveraging clever contracts the framework enables a peer-to-peer marketplace for carbon credit lowering dependency on intermediaries and improving transaction performance a case examine within the production and logistics sectors demonstrates the frameworks ability for wide application suggesting it may support stakeholder engagement and foster worldwide sustainable practices the take a look at concludes with a discussion on regulatory challenges and destiny studies pathways to extend the frameworks impact across industries.