Open Carbon Protocol Handbook
  • Welcome to the Open Carbon Protocol
  • The OCP Process Overview
  • Back to the OCP
  • GOVERNANCE
    • OCP Governance Structure
      • OCP Board
    • Conflict of Interest
    • Annual Audit Process
    • Stakeholder Engagement & Complaints
    • Business Model & Financial Transparency
    • OCP Sustainability: Environmental and Social Strategy
    • KYB & Anti-Money Laundering Policy
    • Anti-Bribery and Corruption Policy
  • METHODOLOGIES
    • Methodology Development, Feedback & Approval
      • Underlying Credit Value & Uncertainty
      • Methodology Demo Videos
      • OCP Methodology Requirements
    • The Expert Community
  • PROJECTS
    • Project Proposal Flow
      • Project Proposal and Validation Demo Videos
    • Third-Party Validation
      • MRV: Monitoring, Reporting and Verification
    • Safeguards, Co-Benefits & SDGs
    • Mitigating Project Risk: Insurance and Buffer Pool
  • REGISTRY
    • The OCP Registry Infrastructure
      • Opening and Closing an Account
    • Credit Issuance Flow
      • Retirement Information
    • No Double Counting
    • Registry Information
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  1. REGISTRY

The OCP Registry Infrastructure

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Last updated 4 days ago

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 (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.

Climate Action Data Trust
Read more about the ‘Living Ledger’ concept here