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Carbon Credit Marketplace — Blockchain Platform with dMRV

Services Covered:

Blockchain Development • Website Development • UI/UX Design
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Industry
Industry

Energy & Natural Resources

Duration
Duration

9 months

Budget
Budget

200K - 999K

Start Date
Start Date

1 June 2024

Team Size
Team Size

1-5

Engagement Model
Engagement Model

Offshore

Project Capability Score (PCS)

gauge meter
79/100
Good

Project Capability Score (PCS) estimates how capable Troon Technologies is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

ROCarbon Labs

mapHalifax, Canada

Project Summary

Troon Technologies developed a scalable, white-label carbon credit marketplace combining Web3 and Web2 technologies. They implemented blockchain tokenization (Polygon, Arweave), digitized MRV features, and produced product requirements, prototypes, frontend and backend code and AWS deployment. The work produced a robust platform blueprint that positioned the client for an MVP while meeting timeline and budget targets.

Key Challenges

  • Create a custom blockchain solution for a marketplace
  • Build a scalable, flexible plug-and-play carbon market platform
  • Support customization and white-labeling capabilities
  • Integrate digital measurement, reporting, and verification (dMRV)
  • Enable tokenization of carbon credits
  • Improve functionality for diverse market needs

Project Deliverables

  • Discovery and strategy
  • Product requirements document (PRD)
  • High-fidelity prototypes and wireframes
  • Web3 integration (Polygon and Arweave)
  • Front-end (Next.js, TailwindCSS)
  • Back-end (.NET Core, Node.js)
  • AWS deployment
  • White-label and customization features
  • Digitized MRV (dMRV)

Project Solution

Troon conducted market research and discovery, produced a detailed PRD, and created high-fidelity prototypes. They implemented Web3 components (Polygon and Arweave) for tokenization, developed the frontend with Next.js and TailwindCSS and backend services with .NET Core and Node.js, and deployed the platform on AWS. They also built white-label/customization capabilities and integrated digitized MRV (dMRV) features to automate emissions measurement and reporting.

Project Outcome

  • Successfully implemented blockchain technologies (Polygon and Arweave) to enable secure tokenization and transparent tracking of carbon credits
  • Created a modular, white-label platform architecture enabling scalability and customization
  • Designed and implemented digitized MRV capabilities, improving accuracy and automation of emissions data collection
  • Completed discovery and blueprinting within the agreed timeline and fixed-fee budget
  • Achieved stakeholder alignment with ROCx's business objectives, positioning the product for an MVP

Platforms

  • BlockchainBlockchain
  • WebWeb
  • CloudCloud

Tech Stack

  • Next.jsNext.js
  • Tailwind CSSTailwind CSS
  • .NET Core.NET Core
  • Node.jsNode.js
  • Amazon Web Services (AWS)Amazon Web Services (AWS)

Client Endorsement

Overall Review Rating

5star

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Troon Technologies' efforts have resulted in blockchain being added to the client's platform, enabling secure tokenization and tracking of carbon credits. The team has implemented dMRV capabilities, enhancing data collection accuracy. Troon Technologies is efficient, collaborative, and transparent.”

Megan McCarthy

Co-Founder & CEO

Note: This endorsement is based on publicly available client feedback from external review sources.

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