Trading Structure
Functions of Washing Guard
Transparent Carbon Credit Trading (Washing Guard)
Lucia is designed to facilitate transparent transactions directly for businesses or individuals who need carbon credits.
Users can register their carbon credits on Lucia, where their transactions and offsets are meticulously recorded
When offsets occur, they are documented on the blockchain, and the corresponding NFTs are retired
What Does Offset Mean?
Carbon credit offsetting is a method used to balance out emissions of carbon dioxide and other greenhouse gases.
When an individual or organization emits a certain amount of these gases, they can purchase carbon credits from projects that reduce or remove an equivalent amount of emissions elsewhere, like renewable energy projects or reforestation efforts.
This process helps to neutralize the buyer's carbon footprint, supporting environmental sustainability while allowing them to meet regulatory requirements or personal environmental goals.
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