PARISII, INC. (20240265413). STABLE CRYPTOGRAPHIC CARBON SYNTHETIC ASSET FOR A REGENERATIVE ECOSYSTEM simplified abstract
Contents
STABLE CRYPTOGRAPHIC CARBON SYNTHETIC ASSET FOR A REGENERATIVE ECOSYSTEM
Organization Name
Inventor(s)
Jason Ryan Cooner of Pinson AL (US)
STABLE CRYPTOGRAPHIC CARBON SYNTHETIC ASSET FOR A REGENERATIVE ECOSYSTEM - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240265413 titled 'STABLE CRYPTOGRAPHIC CARBON SYNTHETIC ASSET FOR A REGENERATIVE ECOSYSTEM
Abstract: Methods for operating a stable carbon synthetic asset for a regenerative ecosystem include providing a carbon reflex index implemented on a blockchain. The carbon reflex index includes a redemption value that corresponds to a market value of the carbon reflex index. It is determined that the market value of the carbon reflex index has increased. A proportional feedback value is determined based on the redemption value and the market value. An integral feedback value is determined based on historical deviations of the redemption value. A redemption rate of the carbon reflex index is determined based on the proportional feedback value and the integral feedback value. It is determined that a difference between the market value and the redemption value is less than a threshold difference. The redemption value is broadcast to computer devices communicably coupled to the blockchain.
Key Features and Innovation:
- Providing a carbon reflex index on a blockchain for a stable carbon synthetic asset.
- Determining redemption value based on market value and historical deviations.
- Calculating redemption rate using proportional and integral feedback values.
- Broadcasting redemption value to computer devices connected to the blockchain.
Potential Applications: - Carbon offset trading platforms - ESG (Environmental, Social, and Governance) investment products - Climate change mitigation strategies
Problems Solved: - Ensuring stability of carbon synthetic assets in a regenerative ecosystem - Providing a transparent and efficient mechanism for carbon offset trading - Addressing the need for reliable carbon pricing mechanisms
Benefits: - Facilitates investment in sustainable and environmentally friendly projects - Helps in achieving carbon neutrality goals - Enhances transparency and trust in carbon offset markets
Commercial Applications: Title: "Blockchain-Based Carbon Reflex Index for Sustainable Investments" This technology can be used in carbon offset trading platforms, ESG investment products, and climate change mitigation strategies. It has implications for sustainable finance and green investments.
Prior Art: Researchers can explore existing patents related to blockchain-based carbon offset trading platforms and stable synthetic assets in the context of environmental sustainability.
Frequently Updated Research: Stay updated on the latest developments in blockchain technology for carbon offset trading and sustainable finance to leverage the potential of this innovation.
Questions about Blockchain-Based Carbon Reflex Index: 1. How does the carbon reflex index contribute to the stability of carbon synthetic assets? 2. What are the implications of using blockchain technology for carbon offset trading and sustainable finance?
Original Abstract Submitted
methods for operating a stable carbon synthetic asset for a regenerative ecosystem include providing a carbon reflex index implemented on a blockchain. the carbon reflex index includes a redemption value that corresponds to a market value of the carbon reflex index. it is determined that the market value of the carbon reflex index has increased. a proportional feedback value is determined based on the redemption value and the market value. an integral feedback value is determined based on historical deviations of the redemption value. a redemption rate of the carbon reflex index is determined based on the proportional feedback value and the integral feedback value. it is determined that a difference between the market value and the redemption value is less than a threshold difference. the redemption value is broadcast to computer devices communicably coupled to the blockchain.
