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0xCarbon

Innovations Item Code: d0b4c7075e

Stage of Innovation: Proof of Concept (You have created something to show the innovation can work)

Problem: 0xcarbon is solving climate change transition problems with a 3-way SaaS product that uses big data, machine learning, and blockchain technology to support FMCGs, Renewable energy startups, and carbon credit buyers transition towards a low-carbon economy. We aim to offset an estimated 10,000,000 tons of CO2e/yr.

Unique Selling Point: People are using the traditional method of spreadsheet reporting, report estimates and mis externalities, but here is our advantage: 1. This unique combination of technologies allows us to offer a comprehensive and innovative solution that goes beyond what traditional carbon offsetting programs provide. 2. Our focus on FMCGs in Africa sets it apart from other carbon offsetting programs, allowing us to target a specific and underserved market. 3. Our solution is flexible and offers small incremental changes so as not to create mishaps of operations during transition. 4. Our company has and imbibes a gender action plan 5. Our solution solves the problem of carbon credit double counting and lack of transparency using blockchain 6. Network effects: As more businesses adopt 0xcarbon's solution, the value proposition of the platform increases. This creates network effects, which can lead to rapid adoption and growth.

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