GEN docs
  • GEN
    • Green Energy Network
  • Target Market & Problem Statement
  • Business Model
    • Ecosystem
      • Green Energy Module
      • Green Credit Module
    • Roadmap
  • Tokenomics
    • Dual Token
      • $GENX Tokenized Yield Fund Token
      • $GEN Governance Token
    • Token Allocations
  • Tech Architecture
    • Overview
    • Proof of Concept
      • Credit Trading
      • Impact Investing
      • Energy Management
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  1. Tech Architecture
  2. Proof of Concept

Credit Trading

Our credit trading framework ensures a transparent and efficient process for tracking, certifying, tokenizing, and trading green energy credits, aligning with global sustainability standards.

1

Energy Tracking

  • Ensure data accuracy using AIoT and blockchain integration.

  • Monitor and verify renewable energy generation on the buyer's side.

2

Certification Application

  • Apply for Renewable Energy Certificates (RECs) under the internationally recognized iREC standard.

  • Validate compliance with sustainability reporting requirements.

3

Tokenization & Trading

  • Convert certified RECs into digital tokens.

  • Enable seamless trading on GEN’s marketplace.

4

Offset with Blockchain Certificate

  • Buyers purchase and use RECs to offset carbon footprints.

  • Upon offset, the token is burned, ensuring one-time use and preventing double-counting.


Key Benefits

1

Transparency

Immutable blockchain records ensure trust and accountability.

2

Efficiency

Digital tokenization streamlines the REC trading process.

3

Compliance

Adheres to international carbon credit and green energy regulations.

4

Sustainability

Supports businesses in achieving net-zero carbon goals.

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Last updated 1 month ago