A blockchain protocol facilitating efficient zero carbon emissions across the building lifecycle, incentivizing low carbon choices through a tokenized carbon credit system.
Bluenote is a decentralized blockchain protocol built on Ethereum that aims to facilitate efficient zero carbon emissions across the building lifecycle. The Bluenote protocol collects verifiable energy consumption data from buildings and uses this to calculate the building's environmental performance. It then issues tokenized carbon credits called Bluenotes (BNOW) to buildings that demonstrate superior energy efficiency and move towards zero carbon emissions. These Bluenotes can be traded on decentralized exchanges.
Bluenote creates a token-based economy centered around energy efficiency data. The core idea is to make carbon visible, accountable and monetizable using blockchain technology. The protocol incentivizes building owners and managers to opt for low carbon solutions by allowing them to generate revenue from emissions reductions. It also allows individuals and corporations to voluntarily offset their carbon footprint by purchasing and retiring BNOW tokens. Overall, Bluenote aims to accelerate building decarbonization by bridging the gap between carbon analytics and carbon markets.