We have developed our own proprietary machine learning tools in partnership with the University of Copenhagen to count every individual tree on our projects and measure every kilogram of carbon sequestered
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
Provide Verification
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