Bext360
Bext360’s blockchain technology can calculate individual tree carbon sequestration and trace carbon credit ownership
Individual Tree Tracking
Ground-Truthing
Auditing
Blockchain ensures that carbon credits are tracked and retired to a single consumer by creating an immutable and transparent ledger that records all transactions
Use Case 1: Individual Tree Tracking
Plant Tree & Record in App
- Tree is planted and each tree planting event is recorded as a transaction in mobile app
- Secure, immutable blockchain record of each tree is created
Evaluate Individual Tree
- Individual tree record is updated with Diameter at Breast Height (DBH) and tree health status
- Farmer takes photo for proof point, verified with geolocation
Calculate Carbon Sequestered
- Diameter, height, tree species, and location are used to calculate biomass and quantity of carbon sequestered
Verify & Issue Carbon Credits
- Tree is planted and each tree planting event is recorded as a transaction in mobile app
- Secure, immutable blockchain record of each tree is created
Retire Credit to Consumer
- Tree is planted and each tree planting event is recorded as a transaction in mobile app
- Secure, immutable blockchain record of each tree is created
Use Case 2: Ground-Truthing
Capture Satellite Imagery
- Satellite images of
parcels are captured
by satellite partner
Analyze Land
- AI technology is used to count number of trees and calculate estimated carbon sequestered
Conduct GroundTruthing
- Data such as diameter, height, species, and location of individual trees are collected using Bext360 mobile app
Verify Carbon Credits
- Tree biomass is calculated to verify carbon sequestration estimations
- Carbon credit is verified
Retire Credit to Consumer
- Unique record of each transaction of the carbon credit is tracked using blockchain
- Carbon credit is retired to final consumer
Sampling Area
Sample ground-truthing involves measuring and
analyzing a representative portion of an area’s
trees to estimate the carbon sequestered for the
entire area through extrapolation
Use Case 2: Ground-Truthing
Identify existing project
- Existing carbon offset project requiring auditing to confirm carbon sequestration values is identified
Determine Auditable
Area
- Subset of carbon offset
project area is identified
to conduct ground
truthing at the individual
tree-level
Conduct Ground Truthing
- Data such as diameter, height, species, and location of individual trees are collected using Bext360 mobile app
- Tree biomass is calculated to verify carbon sequestration estimations
- Carbon credit is verified
Bext360’s technology can be used to audit carbon credit projects by conducting onsite sampling ground truthing to verify carbon sequestration estimations
Bext360 Tree Capabilities
TreePlatform
Tree Asset Functionality
- Asset Blockchain
- Asset Tokenization
- Asset Node Designation
- Asset Group Designation
- Asset Group within Group Designation
- Asset API
- Asset Management
- Unique Asset Identification
- Plant Classification Management
- Internal UI Management of Assets
- External UI Asset Visualization
Platform Functionality
- Global Access
- Scalable, Virtually No Limit
- Landowner Management
- Link to Existing Plant Classification Databases
Carbon Tracking
Carbon Assessment
- Carbon Management
- Carbon Assessment by Asset
- Multiple Assessments per Asset
- Allometric Equation Management
- Asset Group within Group Designation
- Link to Existing Allometric Equation Databases
Carbon Credit
- Carbon Credit Management
- Carbon Credit Single Point of Truth
- Carbon Credit Retirement
- Carbon Credit Asset Validation
- Carbon Credit Asset Proof
Tree Mobile App
Tree Asset Evaluation
- New Planting Registration
- Existing Growth Registration
- Growth Evaluation
- Health Evaluation
- Carbon Evaluation
- Automatic Tree Identification of
Existing Assets
Tree Attribute
- Height Identification
- DBH Capture
- Canopy Size Capture
- Canopy Densitometer Capture
App Functionality
- Offline Data Entry
- Metadata Capture
- Sync Functionality
- Landowner Registration
Bext360 Mobile Application
Step 1. Add new tree to platform using Add Tree workflow
Step 2. Evaluate tree to calculate carbon sequestered and track growth over time
