Oxychain

https://oxychain.earth1-sentence pitch: Carbon-removal software infrastructure for neutralization and decarbonization of blockchain ecosystems.Problem: Daily operations have today a digital representation. Every digital transaction inherits or produces carbon footprint. Blockchain adds up to this issue i.e. tx made in Visa network = impact of 0.00033kg/tx, tx made in bitcoin = impact of 60kg/tx. There’s no solution to tackling this market with efficiency and transparency.Solution: Oxychain is creating an on-chain solution to create interoperability between the carbon markets and the digital world with software infrastructure for on-chain compensation. Any platform can connect to Oxychain’s ecosystem via blockchain or API to compensate for their emissions.Business model: Revenues will develop in line with a conservative platform adoption model. The monetization strategy relies on fees for the usage of infrastructure -- starting at 5% per transaction.
País de residencia líder del proyecto
Argentina
¿En cuál objetivo de desarrollo sostenible apunta tu proyecto?
Goal 13: Climate action. Take urgent action to combat climate change and its effects,Goal 15: Life on land. Promote the sustainable use of terrestrial ecosystems and combat desertification and halt and reverse land degradation and halt the loss of biological diversity
¿En qué país o países opera tu proyecto?
Argentina,Brasil,Uruguay
Menciona cuál de los siguientes desafíos tiene por objetivo resolver tu proyecto
CHALLENGE # 1: Increase Green financing Can DeFi leverage financial resources to increase forest
¿Cuál es el problema que quieres resolver?
Problem: Daily operations have today a digital representation. Every digital transaction inherits or produces carbon footprint. Blockchain adds up to this issue i.e. tx made in Visa network = impact of 0.00033kg/tx, tx made in bitcoin = impact of 60kg/tx. There’s no solution to tackling this market with efficiency and transparency.
¿Cuál es la solución que ideaste para resolver el problema identificado?
Oxychain is creating an on-chain solution to create interoperability between the carbon markets and the digital world with software infrastructure for on-chain compensation. Any platform can connect to Oxychain’s ecosystem via blockchain or API to compensate for their emissions.
Cuéntanos de forma resumida cuál es el impacto que busca generar tu proyecto, menciona algunos indicadores cuantitativos y cualitativos con los cuales lo pretendes medir.
The project and our team will help blockchain networks to neutralize 100% of their measurable emissions.
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Congratulations for your solution Leon, I would like to know if you could give as an example of a case of use with the potential funding and the support of the organizers if you where one of the winners of the challenge. Best,
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