That arrangement needs a record of who owns the benefit and when it has been claimed, so two companies cannot count the same emissions reduction.
The application uses Cardano to record where each benefit originated, who received it and when it was claimed, helping prevent it from being counted twice.
In the real world, a passenger can enter their departure and destination airports, calculate the corresponding fuel benefit and receive a certificate linking their allocation back to the original fuel certificate.
On the other hand, the diesel project would record information at each stage of production, transportation and use, joining those records into a history of the fuel’s journey.
That could help companies report Scope 3 emissions, the indirect emissions across their suppliers and customers, where the information needed often sits with other…