Dear Polkadot Community, 

 

Ceres Blockchain Solutions is thrilled to propose the Veles pallet for enhancing the carbon credit market within the Polkadot ecosystem. This initiative aims to introduce a reliable, transparent solution for carbon credit management, leveraging blockchain to ensure accuracy and security in carbon credit issuance and trading. 
This is an idea/project that was supposed to be part of the **Substrate Builders Program** before it was discontinued. Parity engineers have reviewed the code of our other products. They were satisfied with our work and wanted to give us the green light to become part of the Substrate Builders Program. 
Veles addresses critical issues like fraudulent credits and speculative pricing, promoting environmental sustainability. We're dedicated to supporting Polkadot's growth, contributing a tool that benefits both the ecosystem and our planet. 

 

Best regards,

The Ceres Team

 

Veles litepaper is available here - [https://docs.google.com/document/d/1fm8KXmK4XTf3rZgdcWuqTdO2MW9UqU6NxsecDwb49Hs](<https://docs.google.com/document/d/1fm8KXmK4XTf3rZgdcWuqTdO2MW9UqU6NxsecDwb49Hs>)

 

[UPDATE]

In line with our commitment to transparency and engaging with the community, we're pleased to provide our first bi-weekly update on the progress of the Veles Carbon Credit Pallet, as promised.

Veles update #1 - https://docs.google.com/document/d/1cV6Qnd6sSJDoq_yiqRDycPMsngFZWOTrkwlCqz4XfB4

Veles update #2 - https://docs.google.com/document/d/1oUfD_PxANJzBYLDhtBq3wF3rb059AZpKJIM-47GcW_A

 

Discover more about us:

Website - [https://ceresblockchain.solutions](<https://ceresblockchain.solutions>)

Linkedin - [https://www.linkedin.com/company/ceres-blockchain-solutions-llc](<https://www.linkedin.com/company/ceres-blockchain-solutions-llc>)

Twitter - [https://twitter.com/ceresblockchain](<https://twitter.com/ceresblockchain>)

Email - [office@ceresblockchain.solutions](<mailto:office@ceresblockchain.solutions>)

![logo](https://i.ibb.co/84zwbzq/Veles-logo-250x138px.png)

- **Problem Statement:** Addressing issues like fraudulent credits and speculative pricing in the carbon credit market within the Polkadot ecosystem.
- **Significance:** Enhancing environmental sustainability by providing a reliable and transparent solution for carbon credit management.
- **Proposed Solution:** Introducing the Veles pallet to leverage blockchain for accurate and secure carbon credit issuance and trading.
- **Expected Outcomes:** Contributing to Polkadot's growth by offering a tool that benefits both the ecosystem and the planet.

Requested: 0.50 undefined

#706 Veles project proposal - Carbon credits pallet