Last updated 5 months ago
There is no global, interoperable, tamper-proof system enabling transparent issuance and tracking of renewable energy credits accessible to producers, companies, and certifiers.
CreditGEC is a blockchain-based system for the issuance, verification, trading, and retirement of Green Energy Certificates for $19B Market by 2030, built entirely on Cardano.
Please provide your proposal title
Green Energy Certificates on Cardano - CreditGEC
Enter the amount of funding you are requesting in ADA
140000
Please specify how many months you expect your project to last
8
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
There is no global, interoperable, tamper-proof system enabling transparent issuance and tracking of renewable energy credits accessible to producers, companies, and certifiers.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
No
Describe any dependencies or write 'No dependencies'
no dependencies
Will your project's outputs be fully open source?
No
Please provide details on the intellectual property (IP) status of your project outputs, including whether they will be released as open source or retained under another licence.
As it will be used by enterprises, we need to keep repos and IP protected
Please choose the most relevant theme and tag related to the outcomes of your proposal
Tokenization
Describe what makes your idea innovative compared to what has been previously launched in the market (whether by you or others).
it is very comperhensive platform, can't find any comparable existing.
Certiainly not on Cardano Blockchain.
We have started with this requirement as in India govt mandate it and only some web 2 implete solution exsit.
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
our protype already have basic functionalities and it is available at creditgec.com and with this catalyst proposal we aim to enhance and lauch the mvp. The MVP will be available on same link creditgec.com and w plan to share youtube video with demontration once vmp ready
Describe realistic measures of success, ideally with on-chain metrics.
partner feedbak will be crucial and test run with partners will be ultimiate for this phase of mvp launch. A compehence feedback report, a comprehensive test report along with test transctions will be measure of success
Please describe your proposed solution and how it addresses the problem
The CreditGEC platform provides a complete, end-to-end infrastructure for issuing, verifying, trading, and retiring Green Energy Certificates (GECs) directly on the Cardano blockchain to address $19B GEC/REC market by 2030.
It creates an automated, tamper-proof, and interoperable digital registry that supports producers, auditors, enterprises, and ESG reporting systems.
Below is the fully elaborated solution, broken into clear technical and functional components.
Energy Data Capture & Verification - IoT Integration Layer
1.1 IoT Meter Integration
1.2 Data Integrity and proof-of-Origin
The raw data remains off-chain (IPFS or secure database), but the hash of it is kept on-chain for verification.
1.3 Automated Eligibility Checks
Before GEC issuance:
Green Energy Certificate Issuance- on-chain smart contracts
2.1 Token Standard
Each GEC is a Cardano-native NFT or FT representing 1 MWh, or as per jurisdiction, including:
Designed according to future standards, CIP-68 or extended metadata.
2.2 Smart Contract Workflow
2.3 Fraud Prevention
Layer of Verification & Compliance; Auditor UX
3.1 Auditor Interface
3.2 On-Chain Attestation
**GEC Marketplace for Trading **- Peer to Peer AND Enterprise Trading
CreditGEC encompasses a decentralized Cardano-based marketplace where producers and buyers can interact.
4.1 Marketplace Features -
4.2 Supported Trading Models
4.3 Smart contract modules
4.4 Market Benefits
Through the GEC, an organization offsets emissions by
5.1 Certificate Revocation
5.2 Automated ESG Report
5.3 Integration APIs
User Portal (Dashboard)
6.1 Producer Dashboard
6.2 Auditor Dashboard
6.3 Buyer Dashboard
6.4 Admin Panel
Layers
IoT Data Layer
Smart meters → IoT gateway → API endpoint → Validator
Backend + Orchestrator Layer
Cardano Blockchain Layer
Frontend Layer
External Integrations
Traditional systems:
CreditGEC on Cardano:
Long-term vision beyond MVP
Why the Solution Fits Cardano Perfectly
Please define the positive impact your project will have on the wider Cardano community
The CreditGEC project directly contributes to Cardano’s mission of building real-world, decentralized, inclusive digital infrastructure. By bringing Green Energy Certificates on-chain, this project strengthens Cardano’s positioning in sustainability, ESG markets, and enterprise adoption. Below is a detailed explanation of the positive impact, impact measurement plan, and how outputs will be shared with the community.
How CreditGEC Brings Value to the Cardano Community
1.1 Real-World Enterprise Adoption of Cardano
CreditGEC brings renewable energy producers, ESG buyers, auditors, and sustainability platforms onto Cardano—expanding the ecosystem beyond Web3 users into traditional industries.
Value Added:
Demonstrates Cardano as an enterprise-grade blockchain
Onboards energy companies, solar parks, and corporates into the ecosystem
Establishes Cardano as a platform for environmental asset tokenization, a multi-billion-dollar market
1.2 Strengthening Cardano’s Sustainability Narrative
Cardano is already known as an energy-efficient blockchain.
CreditGEC amplifies this by enabling the chain to host and verify renewable energy generation itself.
Value Added:
Positions Cardano at the center of the global green economy
Aligns blockchain use with environmental stewardship
Enhances Cardano’s perception among ESG-focused enterprises
1.3 Creation of New Reusable Open-Source Components
The platform will release the following as open-source under MIT or Apache license:
Cardano-based Green Energy Certificate token standard (metadata + structure)
IoT → Cardano data ingestion bridge
GEC lifecycle smart contracts
Reference auditor verification modules
Marketplace components
Value Added:
Developers can reuse these modules to create other sustainability solutions
Expands the Cardano open-source toolkit
Strengthens Cardano’s developer ecosystem
1.4 New Real-World Asset (RWA) Class on Cardano
This project establishes Green Energy Certificates as a standardized Cardano-native RWA.
Value Added:
Expands Cardano’s RWA portfolio
Enables future Carbon Credits, Renewable Energy Units, and Energy-backed tokens
Brings new liquidity and financial opportunities
1.5 Community Education & Adoption
Through workshops, documentation, and open demos, the project will help:
Onboard new developers
Engage Cardano India & global communities
Spread awareness of sustainability applications
Value Added:
Strengthens grassroots adoption
Builds new skill pathways for developers
Increases community participation in real-world enterprise projects
2. How We Will Measure Impact (Quantitative + Qualitative KPIs)
Below is a structured, audit-ready measurement plan.
2.1 Quantitative Impact Metrics
2.2 Qualitative Impact Metrics
Cardano ecosystem feedback on using blockchain for green energy
A downloadable report summarizing system architecture and findings
Long-Term, Sustainable Impact on Cardano
CreditGEC establishes Cardano as:
This project strengthens Cardano’s position in a $19B global renewable certificate market, attracting enterprises, governments, and sustainability partners.
Final Summary of Impact
This impact will be measured rigorously and shared openly, creating broad, lasting value for the entire ecosystem.
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
Capability & Feasibility of the CreditGEC Project
The CreditGEC project is fully feasible as MVP timeline and budget.
The solution leverages the team’s extensive experience in blockchain engineering, Cardano development and enterprise-grade software delivery.
This section outlines why the team is capable, why the approach is feasible, and how risks are controlled.
1.Team Capability and Relevant Experience
1.1 Core Technical Expertise
The Team has developed and delivery multiple projects in last one 1.5 years for other entrepreneurs successfully using
The team includes specialists across:
This multi-skilled team ensures coverage of all layers—hardware → backend → smart contracts → UI → compliance.
1.2 Cardano-Specific Experience
1.3 Previous Government/Energy/Enterprise Experience
This directly aligns with the needs of CreditGEC.
Technical Feasibility
CreditGEC is built from proven, already-used technologies, ensuring high feasibility.
2.1 IoT Integration Feasibility
2.2 Smart Contract Feasibility
Feasibility factors:
Cardano’s UTxO model is ideal for asset lifecycle management, reducing complexity.
2.3 Backend and API Feasibility
The backend handles:
This can be built with standard technology:
Node.js / Python microservices
PostgreSQL or Firestore
IPFS for document storage
The team already has reusable modules for user auth, API orchestration, and metadata generation.
2.4 Frontend Feasibility
Frontend includes:
The UI scope is achievable within the timeline because:
MVP screens are known in advance
Components are shared across roles
Team is experienced with rapid UI development
Feasibility of the Budget
The budget is realistic because:
Workstreams are clearly divided
No external providers are required
No expensive hardware is needed
IoT components used are cheap (ESP32, Rs.300–500)
Smart contracts and backend are built in-house
Compared to industry benchmarks, the budget is conservative and feasible.
The team has already built Cardano tools
This means:
The architecture uses proven components
The project scope is clearly defined
Well-scoped MVP keeps complexity controlled.
Summary: Capability AND Feasibility Conclusion
The CreditGEC project is highly feasible because:
The team has deep Cardano experience, proven through developer tools, community contributions, and dApp development.
The technical components—smart contracts, IoT data handling, dashboards, marketplace—are implementable using mature, known technologies.
The architecture is modular, scalable, and realistic for an MVP.
Risks are controlled and mitigated by proven design patterns.
The project timeline and budget are practical, conservative, and aligned with Catalyst norms.
The team has pre-identified energy producers for onboarding, boosting early adoption feasibility.
With the combination of strong capability, technical maturity, well-defined scope, and prior experience, CreditGEC can be delivered reliably and create meaningful, measurable impact for Cardano.
Milestone Title
Refined CreditGEC Prototype
Milestone Outputs
As a basic version is available, it will need some refinement and below output are expected
Acceptance Criteria
for this milestone to be accepted, based on output mentioned, acceptace critewria are
Evidence of Completion
based on outputs and acceptance criterias
Delivery Month
2
Cost
40000
Progress
30 %
Milestone Title
Fully Functional MVP
Milestone Outputs
Based on initial feedback from pontential partners and market, refine the CreditGEC further, below are outputs
Acceptance Criteria
Corresponding to the outputs, acceptance criteria are
Evidence of Completion
Delivery Month
4
Cost
40000
Progress
60 %
Milestone Title
MVP Launch
Milestone Outputs
As MVP is ready at this stage, below are expected outputs
Acceptance Criteria
A successfull MVP lunch is key, corresponding to output, beow are acceptance criterias
Evidence of Completion
Delivery Month
6
Cost
35000
Progress
90 %
Milestone Title
Project Final Report
Milestone Outputs
As pilot test with a partner is already conducted, at this stage a refined application based on partner feedback is key output
Acceptance Criteria
Successful closer of project require meeting below criterias
Evidence of Completion
Delivery Month
8
Cost
25000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
**Here is detailed budget based on milestones **
Milestone 1
Duration: 2 Months
Project Manager : 20 person-days * ADA 300 per day = ADA 6,000
Business Analyst: 20 person-days * ADA 300 per day = ADA 6,000
Solution Architect: 20 person-days * ADA 500 per day = ADA 10,000
Blockchain Developer: 20 person-days * ADA 400 per day = ADA 8,000
UI/UX Desginer : 10 person-days * ADA 300 per day = ADA 3,000
UI Development: 20 person-days * ADA 300 per day = ADA 6,000
Infrastrcutre: ADA 1,000
Total : ADA 40,000
Milestone 2
Duration: 2 Months
Project Manager : 20 person-days * ADA 300 per day = ADA 6,000
Business Analyst: 20 person-days * ADA 300 per day = ADA 6,000
Solution Architect: 10 person-days * ADA 500 per day = ADA 5,000
Blockchain Developer: 30 person-days * ADA 400 per day = ADA 12,000
UI/UX Desginer : 10 person-days * ADA 300 per day = ADA 3,000
UI Development: 20 person-days * ADA 300 per day = ADA 6,000
Infrastrcutre: ADA 2,000
Total : ADA 40,000
Milestone 3
Duration: 2 Months
Project Manager : 20 person-days * ADA 300 per day = ADA 6,000
Business Analyst: 20 person-days * ADA 300 per day = ADA 6,000
Solution Architect: 8 person-days * ADA 500 per day = ADA 4,000
Blockchain Developer: 20 person-days * ADA 400 per day = ADA 8,000
UI/UX Desginer : 10 person-days * ADA 300 per day = ADA 3,000
UI Development: 10 person-days * ADA 300 per day = ADA 3,000
Infrastrcutre: ADA 5,000
Total : ADA 35,000
Milestone 4
Duration: 2 Months
Project Manager : 25 person-days * ADA 300 per day = ADA 7,500
Business Analyst: 25 person-days * ADA 300 per day = ADA 7,500
Blockchain Developer: 5 person-days * ADA 400 per day = ADA 2,000
UI Development: 10 person-days * ADA 300 per day = ADA 3,000
Infrastrcutre: ADA 5,000
Total : ADA 25,000
Total Budget : ADA 140,000
How does the cost of the project represent value for the Cardano ecosystem?
1. Direct Ecosystem Impact (Immediate Value for Cardano)
1.1 Real-World Adoption of Cardano
CreditGEC directly brings energy producers, utility-scale operators, MSMEs, corporate buyers, and sustainability auditors into the Cardano ecosystem.
This is not theoretical adoption—the project includes:
Value Delivered:
For a relatively small Catalyst budget, this project delivers enterprise-grade onboarding, something that typically costs millions in conventional industry settings.
1.2 Establishing Cardano as the Trusted Chain for Environmental Assets
Environmental assets such as:
require:
Cardano is uniquely suited for this due to:
CreditGEC becomes the first fully-featured, open, and verifiable GEC system on Cardano, strengthening the chain’s competitive positioning in an industry where sustainability matters.
2. Long-Term Strategic Value (Future-Proofing Cardano)
2.1 Opens Access to a Global Multi-Billion Dollar Market
The global renewable energy certificate and carbon market is booming:
By establishing a working MVP on Cardano:
Catalyst’s relatively small investment (ADA 140 K) positions Cardano for massive long-term revenue and usage potential.
2.2 Expands Cardano’s Reach into Non-Crypto Industries
The energy sector will increasingly rely on:
CreditGEC positions Cardano inside:
This is a new category of adoption, expanding the ecosystem in a meaningful way.
Direct Value:
Long-Term Value:
Value for Money:
I confirm that evidence of prior research, whitepaper, design, or proof-of-concept is provided.
Yes
I confirm that the proposal includes ecosystem research and uses the findings to either (a) justify its uniqueness over existing solutions or (b) demonstrate the value of its novel approach.
Yes
I confirm that the proposal demonstrates technical capability via verifiable in-house talent or a confirmed development partner (GitHub, LinkedIn, portfolio, etc.)
Yes
I confirm that the proposer and all team members are in good standing with prior Catalyst projects.
Yes
I confirm that the proposal clearly defines the problem and the value of the on-chain utility.
Yes
I confirm that the primary goal of the proposal is a working prototype deployed on at least a Cardano testnet.
Yes
I confirm that the proposal outlines a credible and clear technical plan and architecture.
Yes
I confirm that the budget and timeline (≤ 12 months) are realistic for the proposed work.
Yes
I confirm that the proposal includes a community engagement and feedback plan to amplify prototype adoption with the Cardano ecosystem.
Yes
I confirm that the budget is for future development only; excludes retroactive funding, incentives, giveaways, re-granting, or sub-treasuries.
Yes
I Agree
Yes
Team is working on Cardano Development for more than 1.5 years and understand importance of Green Energy Credit and its market. Team has already delivery multiple Cardano dev projects for other entrepreneurs.
Project Lead: Samhita Majumder
Skills: Cardano Developer, AI Engineer and Full Stack Developer
Experience: 5+ years of tech experience inclduing 1+ year of Cardano Dev Experience, Build Waste Management credit related solution on Cardano
https://www.linkedin.com/in/samhita-majumder-439573163/
Rupanjali Bask
Role in Project : Business Analyst
Profile: https://www.linkedin.com/in/rupanjali-basak/
Product Owner having 14+ years in product management and
7 years in IT Support
Surajit Kar, SVP , product development at https://www.erevmax.com
Role: Blockchain Architect, Integration Expert, UI Development
Profile: https://www.linkedin.com/in/surajit-kar-177a7022/
Technical Architect , Java Programmer, Plutus and Haskell Programmer
23+ years programming experience
1+ years Cardano Tech Stack experience
Developer: Gaurav Raj
Skills: Cardano Developer and Full Stack Developer
Experience: 1+ year of Cardano Dev and full stack development, Build Waste Management credit related solution on Cardano
https://www.linkedin.com/in/gaurav-raj-2b185b204/
Developer: Srijit Sarkar
Skills: Cardano Developer and Full Stack Developer
Experience: 1+ year of Cardano Dev and full stack development, Build Waste Management credit related solution on Cardano