25RBU075_SIH25038_VisionQuest.pdf

Transcript

1. SMART INDIA HACKATHON 2025 Problem Statement ID: 25038 Problem Statement Title: Blockchain-Based Blue Carbon Registry and MRV System Theme: Clean & Green Technology PS Category: Software Team ID: 25RBU075 Team Name (Registered on Portal): VisionQuest
2. EcoLedger Blue Carbon Registry and MRV System 2 VisionQuest Problems No trusted, tamper-proof MRV record. Risk of fraud, double-counting credits. Small producers lack market access and not paid fairly. Hard to scale drone + field data. No automated way to tokenize & retire credits. Multilevel verification: Local (producer + NGO + drone) → Final verifier (govt). Whistleblower channel: Reports and audited. Tradable/Retirable credits: Credits can be retired/kept more as prices rise to meet net-zero. Verifier transparency: Publish verifier performance cards. Rotate verifier: Prevent repeat buddies. Transparent payments: Every payment/revenue split logged on the ledger. Solution Apps: Field apps, verifier dashboards, and buyer marketplace UI. Blockchain MRV & Registry: Ledger stores verified data from communities, NGOs, and drones — immutable and tamper-proof. Tokenized Credits: Verified credits for companies to buy or retire. Transparency: Cryptographic proofs and token IDs go public for traceability. Uniqueness
3. 3 TECHNICAL APPROACH VisionQuest Tech Stack: Interface ( React, React Native ) Node.js + Express & PostgreSQL Permissioned MRV registry (Hyperledger Fabric) Decentralize File Storage (IPFS) Oracle/Relay (Chainlink) Marketplace(Polygon) Smart Contract (Solidity)
4. 4 FEASIBILITY AND VIABILITY VisionQuest
5. 5 IMPACT AND BENEFITS VisionQuest Impact Communities: New income from verified blue-carbon credits; fair, timely payments. Local NGOs: Easier fundraising with verifiable evidence; boosted credibility. Buyers: Traceable, trusted credits; simple retirement/tradable. Govt / NCCR: Transparent, auditable national inventory; better coordination, oversight, and fraud detection via immutable records. Drone teams: Regular paid contracts for monitoring, processing, and analytics.
6. 6 RESEARCH AND REFERENCES VisionQuest References: A. Scientific & MRV Foundations Komiyama, A., Poungparn, S., & Kato, S. (2005). Chave, J., Réjou‐Méchain, M., et al. (2014). Zanne, A. E., et al. – Global Wood Density Database. IPCC Guidelines (2006 & 2019 Refinement). Verra – VM0033: Methodology for Tidal Wetland and Seagrass Restoration. B. Technology & Implementation Hyperledger Fabric Documentation. IPFS Documentation. Polygon Technology Docs. Prototype