The OCP Registry Infrastructure
The OCP Registry combines best-in-class infrastructure with understandable information.
Registry Infrastructure
Credit issuance is linked to actual impact data, reducing the risk of over/under-crediting.
Integrated with the Climate Action Data Trust (CADT), removing double counting risk and ensuring credit data is tracked long-term.
Our registry is blockchain-based, with credits issued and data stored on a Celo blockchain, so credit data is unchangeable and easy to audit. No cryptocurrency component.
This is not the same as tokenization. Our issued credits are 'non-fungible' (each is unique, with an identifying code linking it back to issuance, project, and methodology).
Registry Security
Our carbon credit registry leverages blockchain technology's immutable ledger and cryptographic protocols to ensure unprecedented security and transparency in tracking carbon credits. Every transaction is cryptographically signed, permanently recorded, and verified by a distributed network of nodes, making unauthorized alterations or fraudulent entries virtually impossible.
Data Management and Security
The OCP stores project documentation and data securely on Amazon Web Services (AWS), which has multiple layer security and has built-in back-up and recovery. You can read more about AWS’s data protection and security here. Data related to credits (issuance data, quantity, ownership, status etc.) is also stored on the Celo blockchain. The OCP team also runs monthly offline back-ups of methodology and project data.
As part of the validation and reporting/issuance processes, the project developer and other project partners will report project data to the OCP. All data related to quantification will be made publicly available on the OCP registry. All other project documentation and data will be made available on the OCP registry, with exemptions granted for confidential information, as flagged by the relevant parties. Project Developers should develop separate data management systems depending on their requirements.
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