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How can smart contracts automate carbon credit issuance and verification?

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  • How can smart contracts automate carbon credit issuance and verification?


    Smart contracts on a carbon credit platform can make issuing and verifying credits easier and more transparent. When a project meets set environmental targets, the smart contract can automatically issue carbon credits without manual approval.The blockchain records every action, making the data accessible to anybody. This reduces human error and fraud. Verification rules are coded into the contract, ensuring credits are only given for real and measured results. Payments and transfers can also be handled automatically, saving time and costs. This helps create trust between project owners, buyers, and regulators while keeping the process fair and clear.

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