What is this? An ERC20 token standard compliant “Emission Token” that uses blockchain technology to enable a decentralized emissions trading system, coded as a smart contract in Solidity and deployed on the Ethereum test net. The idea Emissions trading (or cap and trade) uses the power of the market to distribute emissions in the most efficient way, in order to decrease overall pollution. First, the total amount of emissions is capped to a certain value.

Idea and Vision A few brainstorming sessions into this semester’s big software team project, the basic idea for Green Groceries was created. As topics like sustainable living and eco-consciousness gain relevance every day, consumers can sometimes be left with the feeling of being lost, especially when it comes to making decisions in their everyday lives that follow their ideals. As stated in our vision and scope document by one of our team mates: