Photo - Corenrich Consultant Co., Ltd.
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Corenrich Consultant Co., Ltd.

Market: Internet and IT, Consulting, Financial services, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 10.02.2022
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Idea

Corenrich bridges the gap between innovators and entrepreneurs, and makes your business idea a money-making business.

Current Status

We plan to build a real field demo site at sourthern Taiwan via solar power by year-end 2021. And 2022, we will first cooperate with Malaysia local large-scale shopping malls and factories.

Problem or Opportunity

There is no reliable carbon trading platform nor the trusted carbon credits for everyone.

Solution (product or service)

GCB (Green Carbon Blockchain) is the very first application that has physical connection with blockchain technology.
GCB measures the generated electricity from any renewable energy and gets it certificated and authorized as a validated carbon credit via GCB AIOT devices and edge computing module.
Fully verified carbon credits are added to blockchain and turn them into new cryptocurrency - Carbcoins, then save them to your personal GCB wallet.
Organizations, companies and individuals can buy/sell Carbcoins via GCB platform, to either offset their carbon footprint, or to be an investment.

Business model

The revenue the GCB flatform comes from the supply chain entrance fee of the equipment manufacturer, the equipment rental fee of the green electricity producer, and the 3% transaction fee of each Carbcoin (one unit of carbon credit) on the platform, plus the ability to verify that the green electricity production Smart contract fee. The current product is in the prototype development stage, and the cost of hardware equipment must be calculated before it can be converted into actual charges.
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