Supply-Side Mechanisms: Impact to Earn

On the supply side, Arkreen focuses on digitizing individual green behaviors using IoT solutions. These behaviors include activities such as generating solar power from rooftop installations, optimizing home air conditioning for energy efficiency, or using electric vehicles. Once digitized, these actions are structured according to specific methodologies and registered on the blockchain as green assets.

Each green asset represents a tangible reduction in carbon emissions or energy savings. For instance, one green asset could equate to one ton of carbon reduced or one kilowatt-hour of fossil fuel energy saved (or one kilowatt-hour of renewable energy produced). This process is similar to how carbon credits or renewable energy certificates work.

An example is the use of household distributed solar power systems. Through digital enhancements, data on solar power generation is collected. According to a methodology where 1,000 kWh of solar power generation can issue one green certificate, this data is then registered on the blockchain and issued as ART (a tokenized on-chain green certificate). Arkreen’s network rewards these contributions with utility tokens (AKRE) and supports liquidity by creating trading pairs for green assets like ART on decentralized exchanges (DEXs). This approach incentivizes communities in developing countries to accelerate their carbon reduction activities, invest in renewable energy, and enhance energy efficiency measures.