 Hello all good morning. So in this current scenario we understand the climate change environment impact and global warming and all this stuff. So here I'm not going to talk about the ethereum blockchain and some kind of energy utilization energy consumption by the public blockchain networks. So I'm going to talk about the how you can use blockchain to impact the some climate change sustainability goals and carbon accounting carbon credit tokenization all these things. So in this presentation I'm going to talk about the three things. First is about the use cases and what is happening in the current scenarios in the globally. Second, what my companies in the future take doing in the space. And third like hyper leisure having a climate action accounting SIG's and what we are doing there. So and how the hyper leisure community is helping to be run that initiatives. So actually I put we do to play but it's not playing. So I think but anybody even understand the climate change global warming what is happening in the Europe's global warming space, floods in India or floods in Pakistan and that's why United Nations and SDG put the goals to how we can reduce the carbon footprint by 2030 and net zero by 2050 and all this COP26 and different Paris agreement all this stuff. So how and I think so I think this are the 17 sustainable development goals where we have no poverty zero hunger and all this multiple goals and there especially the gold number 12 where we talk about the sustainable supply chain and gold number 13 where the climate actions so and I think blockchain could be very helpful to take all these two goals very quickly because it's a trust and transparent transparent technology. And when we talk about the sustainability or climate change, we always heard about all these terms like carbon offset CO2 emission reduction and renewable energy and greenhouse gases CO2 and all these are stuff we keep hearing all these things. So and so specific these two goals can be achieved and can be very effectively help to achieve the SDG goals by United Nations blockchain because blockchain have trust, transparency and traceability in built. So how that generally in the upper side you can see like the climate action we have how we are taking the different actions and measurement to prevent the climate change and in the below side you can see like how the digital world or how the blockchain or any other kind of technologies could properly account the this climate change or climate action. So generally if you don't if you don't able to account the proper what the carbon footprint emissions you're trying to save and like for example suppose every country and every state center there is specific goal to achieve some some targets but if you're not doing a proper accounting so like currently the where's Vera and Goldstone having some kind of their mechanism to for example if someone doing some renewable energy projects in India somewhere and now he need to submit the how much carbon footprint they're saving and then carbon credits to be issued by the Vera and Goldstone but all is centralized repositories and whatever the projects submitting the data they need to trust. So if if you build a system with blockchain and we record all the carbon footprint in the whether in a supply chain whether renewable energy projects whether the deforestation and all this stuff you could properly account the carbon accounting and climate accounting and then this will help you to measure the how much carbon footprint you actually saving and then in the second part you could use the this carbon footprint saving as a carbon credit token which is a maybe you see in the some carbon credit lots of marketplace coming carbon NFTs are there in the market. So I will talk about some success historians of some already available solutions implementation in blockchain hyper ledger whether Ethereum or any other. So and why blockchain so because blockchain has a trust and openness and transparency built into design and that way whatever the you are accounting you can do some kind of trust with that data because because in the in the system supply chain whether the renewable energy projects all the mechanisms you could have all your data data point ESG reporting properly using the blockchain. So these are some use cases in the specific industry wise in the like renewable energy there is a REC certificate tokenization of energy peer to peer trading of energy. So even lots of use cases implemented in like power ledger one of the one of the company implementing the peer to peer energy trading and REC certificate there's a energy blockchain consortium there's a energy web foundation then climate change where you have the climate accounting carbon accounting and credit tokenization carbon offset marketplace and then even there are lots of investment and efforts by the different green fintech and the VC fund who want to invest in the some clean tech financing startups or companies. So like for example there is a circulate fund in who invest in the circular economy projects and in the in the last two years they invested in the SFS freak couple of startups in the plastic recycle and traceability solutions. Then ESG reporting because every corporate need to be responsible what they are taking measures and taking some to achieve their ESG compliance goals that thing. Circular economy which is a bigger use cases in the plastic recycle whether certain level supply chain or like extended producer responsibility. So for example in the in the government have some kind of compliance to whatever the plastic or e-west you are generating you need to be responsible for that to be recycled. So and there are lots of fraud happen in this kind of thing because how you will ensure like for example is Coca-Cola and Pepsi producing millions of bottles every year. So as per the norms they need to recycle some certain of the plastic what they are generating. So even even we are working with some customer in India for the similar space. So I will talk about that later. So all this discuss just not the use case on some theoretical use case there are lot is happening in the in the market and people are implementing it. So I will cover some use cases specific to the industries. So like first is the carbon credit. So you can see the measurement like the Nori is one of the carbon credit market based on blockchain. They having a multiple carbon projects and millions of millions of petro farmers and all the things. And then climate door which is one of the decentralized autonomous organization for carbon credit market. The word bank even started some kind of project for carbon offset the flow carbon. And this last two projects happening in India this is a Kichito token in the carbon FTS. So they are even kind of measuring the carbon footprint in the food traceability supply chain and how much you are saving the carbon footprint using the best sustainable agriculture farming practices and then tokenizing is an FTS and trading in the secondary marketplace. These are some use cases which are implemented in renewable energy sector. So like first customer is my customer bit lumens. So they have a this is a Switzerland based customer and they are implementing some kind of renewable energy projects microgrid in India. And in a rural area where they are kind of trying to provide the renewable energy using the solar microgrid and forth with them actually we did the carbon accounting for their how much how much carbon footprint they're saving by people using the renewable energy in instead of the their regular energy kind of thing. And then tokenizing those carbon credit in some kind of whether it's public blockchain like we were using the polygon for that one. And there are couple of like power ledger which is a Australian company using blockchain for P2P energy and REC certificate. Energy wave foundation is couple of REC projects living it in Central America. And then the last one this is a one of the state in India Uttar Pradesh which is a larger state in India. They partner with Ministry of Power and India ISMAT grid task force to implementing such kind of peer to peer energy trading and carbon accounting of those energy footprint. And another larger segment is a circular economy project. So even the circular having a bigger projects in a battery recycling or plastic recycling, they recycle, go, characterize, ever ledger in my company is also part of such such in a citizen projects we are doing in India for some plastic recycler companies investment management. Like imagine you're using the blockchain waste management recycling process, how how the any plastic you are stopping to go to the ocean and then and then recycling this plastic and then measure the carbon footprint saving and then tokenize it. So all this is happening in the industry. And another is sustainable supply chain, some responsible farming or responsible supply chain. So like like this is Adith Birlaguru which is a fashion industry they are they are kind of they're kind of measuring the carbon footprint in their fashion retail supply chain and then tokenizing it. So they usually use some kind of fibers to fibers to create the cloths and manifest the cloths and from where they are importing and from where how they are using sustainable practice. So like this in mind have the provenance their circular their ever ledger and we are working with some customer in this space. So we just discussed some couple of examples but there are lot more. So as per this blockchain for sustainability weekly white newsletter, there are more than 350 projects already using blockchain for such kind of use cases whether the NFT or whether there is a carbon accounting or maybe climate change or ESG, agriculture supply chains to all people are implementing. So that I discussed in general what is happening in the industry, what what is the market size and what people doing. So in the next section I will talk about the what we are doing in India and what doing with the customers. So I have couple of case studies what we're doing. So this is this is we doing for one of the plastic recycler in company Mumbai. So they do millions of plastic millions of ton plastic recycles every year and generally their customer like Pepsi Coca Cola and all the plastic manufacturers. So so as per the government norms they need to be EPR compliant means like they need to be at the end of the year they need to be compliant with the how much plastic we are recycling. So so using the our Tristan platform what we are doing we are kind of onboarding all the different supply chain in the west management like suppose West aggregator and then some Kabadi vala in the normal people and then recycler and then some intermediate manufacturing of this recycled plastic and then how the you are using this recycled product to manufacture something something new even like yesterday I was just visited one of the stores in Ireland and very interesting to see all their cloth saying some kind of like responsible cotton or recycled product. So all all are implementing but but maybe they are not using blockchain but how you as a consumer can test what they are saying is a is a recycle products or not but blockchain you can use that way. So that we doing with one of the customer in Mumbai and and then similar kind of things we are doing one of the some kind of regulatory framework where we going to become the part of their sandbox. So there is a international finance services authority who provides some kind of innovative solution or innovative sandboxes to the investment aspect. So we using our product to in the first segment we are recording recording all the West recycling process and how much carbon footprint we saving and then in the second segment we created the some kind of carbon credit marketplace out of this carbon footprint saving we done in a waste recycling process. And now earlier only like suppose some institutions or corporate going to be invested on the some such kind of carbon credit offset but now is a normal consumer can go to this platform and can offset their carbon for example suppose if you travelling from maybe India to US and how much how much carbon footprint by your traveler travel. So even even I seen some example where like suppose make my trip this is one of the website in India for flight booking they having a such kind of facility after you travel you can offset your carbon footprint whatever you generated while you are travelling. So all this thing can be happen or is already happening in the space. So we are part of this sandbox where we are experimenting and piloting this kind of initiative where we are recycling the waste and carbon footprint saving and then some kind of green financing or sustainable financing option for the retail investors. And these are the some kind of the in the generally in the circular economy especially in the whether is a e-waste or whether is a plastic recycle whether is a battery there is a couple of benefits in the and this project actually we did for one of the customer in a renewable energy sector. So they are like this Switzerland based company actually implemented such kind of project in rural India for for renewable energy uses for the consumer but and they also implemented such kind of power grid and smart meters to to measure like how much energy consumption earlier they are doing with the coal energy or some water energy and now they are using the solar energy. So how much carbon footprint will be going to be saved and even even not just the this data but other data likes was what are the household income what they are doing and their their expenses and all the economic specific data and when even you can also fulfill the SDG goal number one where because you now understand like how the farmers or maybe rural people are are using electricity and then tokenizing this energy in some kind of blockchain whether is a public blockchain or private blockchain is depend on the whether you want to trade this token in some kind of secondary marketplace or just you want to be just on the within ecosystem. So this is the typical thing we did there. So there is a smart meter in the left and then you are measuring all the your energy consumption and energy details and then there are already predefined very defined formulas or predefined standards available like for example if you are using solar energy so how much carbon footprint you are going to save and then audit certify this carbon credit and then tokenize whether the NFT whether some kind of ERC 20 token and then you could trade this token in some kind of carbon credit platform where whether there is some institutional buyers or whether some investments or some retail investors can offset their carbon footprint. So this is our one of the supply chain traceability called trace chain platform which we are using for the multiple projects like whether the food traceability whether it is a agriculture supply chain whether it is a plastic recycler for the traceability. So here is the food traceability but it could be a plastic recycle or e-waste or battery. So that I talked about the what we are doing in this space and here let's understand what in the hyper leisure communities we are doing. So in hyper leisure I think before two years we started one of the climate action accounting special interest group to start the standardizing and data points and some kind of some kind of source code which we can use to whether it is a greenhouse supply chain or whether it is a greenhouse gases or sustainable supply chain or renewable energy or even what is the data available for the carbon footprint saving how we can use all this data and build some kind of open source platform open source projects. So there is one carbon accounting working group in the climate action accounting group. So there we actually implemented the hybrid blockchain kind of solution using hyper leisure fabric and other ethereum blockchain EVMS protocols. So the similar way like first we are recording all the carbon emission footprint saving and calculating the how much carbon emissions we saving and then tokenizing on it and also we added the third layer on the kind of DAO platform. So even not just we as a central authority approving this carbon footprint saving but we onboarded such kind of some third party companies or third party people who are environment friendly and want to be contribute to the space. So is a completely hybrid blockchain kind of use case private blockchain fabric for recording the carbon emissions and calculating the impact and then tokenizing this carbon footprint using a EVMS blockchain and then even not generating a token directly but using some kind of DAO based platform to generating a carbon grid tokens. So even for this particular solution we actually won the first place in the IBM call for code this year and recently even in the part of the TSE committee. So recently we also identified this particular project to be nominated as a graduated project was the next level project because it's impacting and it's doing lots of stuff and we have complete code base and already running in production. So anybody can go and tokenize their carbon credit footprint is completely open source code. Thank you. So any questions? Yeah, I'm there. So the question is for me so obviously you're creating carbon credits which have monetary value. Of course they have to be accepted then by people who trade those monetary values. Are you at that stage yet? Are your other captioned carbon credits that you generate do they already have monetary value or is it not at that stage yet? Yeah, so I got the question about the value of the tokens you're generating using the EVMS this thing. So like currently in the market like there's a wear and gold standard is some central authorities or registries where you could list your projects and then get your credit certified. This is one way but this is a centralized one. So and other thing you could use blockchain and record this thing because like you trusting the some kind of third party right like wear and gold standard for the carbon credit worth the certifying. So similarly if you create the system because wear and gold standard is not a some kind of a government body they are private registries. Similarly if you can create the some kind of trust and transparent system maybe the blockchain based registries. So I think everybody going to trust it. Maybe it will initially you need to face some challenges but and that's why in the this hyper leisure climate action accounting group we added the DAO the decentralized autonomous organization. So in whatever the carbon credit you are certifying is not certifying by some any particular agency but whatever the different participant available where for example suppose some regulator or some investment fund or some even some normal people like who care about the environment or suppose for example suppose suppose there's a one project in India and you list is a carbon footpinsing of suppose maybe thousand credits but current process like there is like someone need to be go and audit that that project and list in the Vera list in that and this is the current mechanism but if if people around for example suppose in India who knows that project come to that this DAO platform or DAO based system and OT for the particular carbon footpins saving and then when you read some kind of decision making for example like suppose 70% people agree like this is genuine project and then you automatically issue this tokens to the particular project. So that we added in the hyper leisure climate action accountings pollution. Yes sir I'm not sure I quite a full answer to the question there so is it plugged into the normal hydrocarbon credit market yet or not yet but I think it's available anybody can just be part of the system and yeah yeah the carbon credit system I worked on that was a retail marketplace is not in production but as part of the research I actually had to go out and figure out how carbon credits are actually traded today and so carbon credit trading is not new it's been out there for a long time and in fact the marketplaces do exist but they're all wholesale marketplaces right correct so carbon is bought and sold all over the world today and in a sense in at a wholesale level it's done so companies are listing in a sense what they're looking to buy what they're willing to pay what they're bidding for you're also getting offers on the other side of the fence so it's it's not a new kind of a trade it's just the fact that you've got a system now that could be used automatically that's an open source platform for that yeah I think carbon credit is not a new is a happening from many years but how you can bring trust and transparency those those things those idea yeah it's right that's a big deal because that's big in the current one now the way a lot of those marketplaces work they just actually they're out on the internet you can get a url to them and you go look and you can see what in a sense is available what's traded but it's all based on bid and offers and it's like I would call conwash up and I'd say okay you know I see you're offering you $20 a ton I'll I'll pay you 19 will you take it you know that kind of thing so that's really how it has been done yeah and and also there are lots of projects even they are not doing their carbon accounting so even I interactive one of the kind of cement manufacturer in I think UE they not accounted their carbon footpin swing from last five years and due to the norms and now they realize that there's a carbon markets out there so for that thing how they will go they will go with the where our gold is tender to all this recording and everything and then they will tokenize it so but that's a big company right but for example suppose like suppose there are many housing societies in the world using the renewable energies in the solar panels but they are not doing any kind of accounting and not measures so if you're not measuring such kind of footprint or savings then how you will be achieving your SGG 30 goals like my net zero back 2013 all these mechanisms so so even like suppose I know my one of my friends company in Bangalore is blocked in with some kind of platform so they invest in some kind of renewable energy projects and and generally as a retail investor can go on this platform and suppose they just want to invest 100 dollar they can invest in this project and this recorded in the blockchain and you can really see like whatever the amount I invested is really deployed in the projects so and so now people are aware so even they partner with some kind of luxury car dealer dealers in India so if any person go for buying a one big car and they now understand like it going to be maybe carbon emission for next five years so as a environment friendly person maybe I will go and invest in such kind of projects like suppose my car is going to be pollute this much the environment so let's invest in such kind of projects so all these kind of things already happening and people are aware so in the future I believe is going to be big space and blockchain going to play very important role so every country is even like recently Indian government is even kind of making a law like you can't export the carbon credit generated in India because because currently like generally Europe is the largest market for carbon credit buyers and India where lots of carbon projects are implemented with the renewable energy all these things but generally people are they just exporting to the other countries so and there are lots of government initiative in all this area any more question Mike thank you for your talk I guess I was hoping you could provide more general feedback on what you're seeing in the market that you're in around the drivers for adopting these systems so whether it's you know to generate credits for value or if it's more user driven being you know asking their companies to do that or if it's more legislation this is something they have to do or whatever you see the main drivers are so I think one thing is legislation and another is like now people like us understand like how much is impacting the climate in the recent times we've seen that this kind of global warming issues and even like just mentioned like yesterday I went to the island market and I buying some clothes so on the every clothes I was seeing some kind of like this sustainable cotton or recycled recycled plastic is very good actually because and and we people like feel happy and some kind of nothing like we are contributing something to the environment so so I know one of the my friend's company in India called you know I can take an infinite infinite chance so they uh onboarded uh kind of millions of customer on their platform the farmers actually who are generating some kind of cotton in India and there are a couple of customers like wellspan and some Prithiva in tax and how they are how this farming done for the cotton what kind of fertilizers what kind of pesticide they are using and even the farmers economy everything and then end point disability of the your cloth and there's a live in production people are using it so if you're buying a t-shirt or a shirt you can just skin the qr and get the end to end details about thing and even like consumers suppose if you want to be donate something you can donate to the particular farmers out there so I think couple of in initiative even we are working with a couple of customers in the same segment whether it's a fashion detail supply chain whether plastic recycle e-waste battery any more question okay thank you