Poseidon

SummaryPilot at Ben & Jerry's Scoop Store in London
CategoriesClimate
Market statusOn the market
TypesToken, Protocol, Blockchain • Token (Ocean Token), Protocol (Stellar Concensus Protocol), Blockchain (Stellar)
StatusPublic • Stellar (Public)
Action (Smart Contract)?Yes • For the first time, can transact grams of carbon credits (focusing on individual customers)
ApplicationAims to offset the carbon footprint of everyday products and services with token-based support for global forest conservation projects.
Attributes (token)Tradable tokens are linked to projects which offset the GHGs created by their business operations. This specific pilot project has conserved an area in Peruvian Amazon.
Traits (blockchain)Very energy efficient: The platform enables 1000+ transactions per second; 0.03Wh energy per transanction (Bitcoin takes 634,000 Wh per transaction); 0.000015kg CO2 per transaction (Bitcoin = 310.75kg)
Date/TimelinePilot started in May 2018
NotesAlso ongoing partnership with Liverpool City Council to make the city cliamte-positive
Source URL #1poseidon.eco • Verified 200 OK