Toucan Protocol: Base Carbon Tonne (BCT)

“Toucan Protocol: Base Carbon Tonne (BCT) is a tokenized carbon credit platform that aims to grow the voluntary carbon market in a transparent and high-integrity way. The platform utilizes blockchain technology to record all carbon credit information in an open database, allowing for independent verification of each credit’s attributes, trading history, and price data. Toucan Protocol ensures compliance with industry standards and regulations by working closely with carbon market experts while exploring innovative opportunities to incentivize climate-positive products and initiatives.

Toucan Protocol’s infrastructure operates under Swiss law, prioritizing compliance and integrity in the tokenization of carbon credits. With its programmable infrastructure, the platform connects carbon credits with various blockchain applications, unlocking infinite possibilities for climate action and innovation. Since its launch in October 2021, the Toucan Protocol has successfully tokenized many carbon credits, facilitating climate finance and creating a transparent and efficient carbon market.

Designed for various stakeholders, Toucan Protocol provides solutions for standards and registries, credit suppliers, credit buyers, founders, and builders in the carbon market. Market participants can easily monitor and report market activity, leverage publicly accessible trading data to enhance trust, and conduct transparent transactions with minimal fees. Additionally, the platform allows carbon credit buyers to independently browse, purchase, and retire tokenized carbon credits, supporting their net-zero strategies. Toucan Protocol also encourages the development of new climate-positive products and protocols by offering programmable carbon credits as building blocks for the next generation of blockchain applications.”