System and method for token-based trading of carbon credits

Abstract

A system and method for trading of carbon credits is provided. The system comprises a server computing device comprising at least one hardware processor and memory; program instructions stored in the memory and executable in the server computing device that, when executed, direct the server computing device to: communicate with a plurality of vehicles over a communication network; receive distance information from a respective one of the vehicles detailing distance traveled by the respective one of the vehicles; generate a carbon credit based at least in part on the distance information received from the respective one of the vehicles; and associate the carbon credit with a user account associated with the respective one of the vehicles.

CPC Classifications