The Exchange is a central marketplace for carbon credits.
The Exchange has a traditional trading architecture. The Order Management System (OMS) is developed by Hydra X Pte Ltd (link), an established provider of trading products to exchanges, finance, technology and energy institutions.
The Exchange uses distributed ledger technology to securitize carbon credits into digital tokens (receipts) representing a clear line of ownership between the carbon credits held in the Trust and the digital receipt (Token).
Like in traditional commodity exchanges, owners of Tokens can request physical delivery of the underlying carbon credits. This is offered to users at no charge.
Why Distributed Ledger?
Blockchain allows for an open, transparent, and liquid asset that reduces friction, and ultimately decentralizes the system to provide a truly distributed and borderless solution for commodities trading and asset value creation. Blockchain technology can provide the right foundation to create an efficient and 100% digital platform that can enables trading and settlement of commodities globally and instantly.
Because the AirCarbon Token is blockchain-based, it has allowed us to create a hybrid, decentralized platform, which mirrors commodity markets. This simplifies and automates today’s laborious and manual processes, allowing for ease of trade, ability to make settlements, and clear as well accomplish synchronization of document exchange and collateral management. AirCarbon represents the commodities market of the future where commodities and collateral can be tokenized, creating an entirely new approach to securitized token trade.
The AirCarbon Token is the easiest and most streamlined instrument for the trading carbon credits.