Carbon credit marketplace with automated verification for African renewable/power infrastructure
# Vericarbon Protocol
> Carbon credit marketplace with automated verification for South African infrastructure projects
## Overview
Vericarbon bridges 8 plus years of industrial automation expertise with blockchain technology to create a transparent, verifiable carbon credit marketplace focused on South African infrastructure projects. Built with ERC-1155 multi-token standard and Chainlink oracles for real-world data verification.
Launching at **ETH Cape Town 2026**, Vericarbon addresses South Africa's unique position as both Africa's largest carbon emitter and a leader in renewable energy transition.
### The Problem
- **Lack of transparency** in carbon credit verification across South African projects
- **Limited blockchain infrastructure** for local renewable energy initiatives
- **Double-counting** of carbon offsets in traditional markets
- **Manual verification** processes create delays and increase costs
- **Trust gap** between project developers and international carbon buyers
### The Solution
Vericarbon tokenizes carbon credits from verified South African projects (wind farms, solar installations, forestry programs, waste-to-energy) with:
- **Automated verification** via IoT sensors and satellite data
- **Immutable audit trail** on-chain for full transparency
- **Instant settlement** and fractional trading capabilities
- **Transparent retirement** mechanism to prevent double-counting
- **Local project empowerment** with direct access to global carbon markets
## Architecture
```
┌─────────────────────────────────────────────────────────┐
│ Vericarbon Protocol │
├─────────────────────────────────────────────────────────┤
│ │
│ CarbonCredit.sol (ERC-1155) │
│ ├─ Mint new credit types for SA projects │
│ ├─ Role-based access (Projects, Verifiers, Admin) │
│ └─ Retire (burn) credits for offset claims …