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MVP Goals

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0% found this document useful (0 votes)
3 views

MVP Goals

Uploaded by

Ahmad Saeed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MVP Goals

The primary goal of the MVP is to deliver a functional and scalable platform that provides the
core features necessary for carbon credit registration, trading, and management while ensuring
transparency through blockchain integration. By focusing on key functionalities such as manual
registration, secure trading, and wallet management, the MVP will allow AEB to test and
validate the core concepts of the platform in a real-world environment. The MVP will also enable
early feedback from stakeholders, ensuring that the system is aligned with both operational
needs and compliance requirements before additional features like automation and auditing
interfaces are developed. This approach ensures that the platform can be quickly adapted and
scaled in future phases based on user needs and market demands.

1. Manual Carbon Credit Registration System


● Manual Registration Workflow:
○ A system that allows authorised personnel to manually input and register carbon
credits tied to verified carbon reduction projects.
○ Compliance checks will be handled manually by the registration team, ensuring
alignment with global standards (e.g., Verra, Gold Standard).
● Project Verification Process:
○ Manual verification of carbon reduction projects before allowing credit
registration.

2. Decentralized Carbon Credit Trading Platform


● Marketplace Interface:
○ A decentralised marketplace that allows users to list carbon credits for sale and
purchase available credits.
○ A real-time dashboard showing available carbon credits and current market
prices.
● Secure Transactions:
○ Blockchain-based secure transactions for buying and selling credits, with
automated escrow services for safe handling.
● Pricing Algorithms:
○ Pricing mechanisms for fair and transparent trading of carbon credits.

3. Blockchain-Based Tracking System


● Transparent Transaction Ledger:
○ An immutable ledger on the blockchain that tracks ownership changes and
transaction history of carbon credits.

4. Secure Wallet Management


● Digital Wallet System:
○ A secure wallet system where users can store, transfer, and manage carbon
credits.
● Multi-Signature Transactions:
○ Support for multi-signature transactions to enhance security.
● Instant Credit Write-Offs:
○ Automated write-offs for credits once they are used.

5. Blockchain Integration
● Public Blockchain Integration:
○ Integration with a public blockchain (Ethereum L2) based on project needs.
● Smart Contract Deployment:
○ Core smart contracts to manage credit registration, transfers, and trading.
● Immutable Data Recording:
○ Secure recording of all carbon credit-related data on the blockchain for
transparency.

6. Core UI/UX Design


● User Interface for Manual Registration and Trading:
○ A simple and intuitive UI for credit registration, trading, and wallet management.
● User Roles and Permissions:
○ Role-based access control (RBAC) to manage permissions for different user
types.

7. Certification and Compliance


● Manual Certification Process:
○ Support for manual workflows for the certification of carbon credits, ensuring
alignment with global standards.
● Compliance Notifications:
○ Automatic notifications for project owners regarding compliance and re-
certification requirements.

8. Testing and Quality Assurance (QA)


● Unit Testing:
○ Unit testing of all major functional components (registration, trading, wallet, and
tracking).
● Integration Testing:
○ Ensuring smooth integration between blockchain and backend services.
● User Acceptance Testing (UAT):
○ Testing to ensure that the MVP functions as expected before going live.

9. Deployment and Feedback


● MVP Deployment:
○ Final deployment of the MVP on the selected blockchain.
● User Feedback and Refinement:
○ Post-deployment feedback collection and refinements based on stakeholder
input.
Growth and Scaling of the AEB Platform
Following the successful delivery of the MVP, the AEB platform will focus on a structured growth
strategy that includes feature enhancements, market expansion, and infrastructure scalability.
By automating the carbon credit registration process and introducing advanced trading
mechanisms, the platform will streamline user interactions and improve operational efficiency.
The integration of a dedicated auditing interface and certification automation will ensure
compliance with international standards, further establishing AEB as a trusted platform in the
carbon credit ecosystem. Additionally, global expansion into new regions and partnerships with
governments and NGOs will drive user adoption and increase the platform’s footprint.
Technologically, the platform will be scaled through cloud-based infrastructure and blockchain
scalability solutions, ensuring the system can handle increasing transaction volumes and user
growth. Furthermore, the introduction of subscription models, token economies, and compliance
as a service will diversify revenue streams and solidify AEB's position as a leader in the global
carbon credit market. This planned evolution will allow the platform to remain flexible, adaptable,
and responsive to emerging trends in the carbon marketplace.

Post-MVP Features and Advancements


1. Automated Carbon Credit Registration

● Full Automation of Credit Registration:


○ Replace the manual process with an automated system that allows for automatic
validation and compliance checks through smart contracts.
● Integration of Machine Learning for Verification:
○ Incorporate machine learning algorithms to assist in verifying carbon reduction
projects, speeding up the registration process and increasing accuracy.

2. Advanced Decentralized Trading Mechanism

● Dynamic Pricing and Bidding:


○ Implement a more advanced trading system with dynamic pricing mechanisms,
real-time bidding, and auction functionalities.
● Escrow and Multi-Currency Support:
○ Provide escrow services for added security and support multiple cryptocurrencies
for payment, enhancing platform flexibility for global users.

3. Auditing Interface

● External Auditor Integration:


○ Develop a dedicated auditing interface for external auditors to easily trace and
verify carbon credit history, ensuring full compliance with international standards.
● Automated Compliance Reporting:
○ Enable automated generation of compliance reports, with easy export and
integration with regulatory authorities.

4. Certification and Compliance Automation

● Full Automation of Certification Workflows:


○ Develop an automated certification system for carbon credit projects, ensuring
timely re-certifications and compliance with global standards.
● Advanced Notifications and Alerts:
○ Add intelligent alerts and notifications for compliance deadlines and project
milestones, keeping stakeholders informed in real-time.

5. Advanced Analytics and Reporting

● Data Analytics Dashboards:


○ Provide detailed analytics dashboards for users to track carbon credit
performance, marketplace trends, and project impacts.
● Carbon Footprint Tracking:
○ Enable users to track their carbon footprint through the platform, empowering
organizations and individuals to see their environmental impact.

6. Global Standard Interoperability

● Integration with Multiple Carbon Marketplaces:


○ Allow the platform to integrate with other global carbon credit standards and
marketplaces, enabling users to trade across multiple ecosystems.
● Cross-Blockchain Compatibility:
○ Ensure that the platform can operate across different blockchain networks (multi-
chain compatibility) to increase flexibility and reduce reliance on a single
blockchain.

7. User and Community Growth Features

● Community Engagement Tools:


○ Implement forums, social features, and feedback loops that allow users to
engage with the carbon credit community directly through the platform.
● Referral and Rewards Programs:
○ Develop reward-based programs to incentivize new users and expand platform
adoption.

8. Enhanced Security Features

● Advanced Multi-Factor Authentication:


○ Incorporate advanced authentication mechanisms, including biometric and multi-
factor authentication for added security.
● Security Audits and Vulnerability Patches:
○ Regularly perform external security audits to identify potential vulnerabilities and
release patches as needed.

Project Growth and Scaling Strategy


1. Market Expansion

● Geographical Expansion:
○ After establishing a foothold in Africa, the platform can expand to other emerging
markets that are key players in carbon reduction efforts (e.g., Southeast Asia,
Latin America).
● Partnerships with Governments and NGOs:
○ Form partnerships with governments, environmental NGOs, and international
climate organizations to increase platform visibility and integrate with policy
frameworks.

2. Scalability of Infrastructure

● Horizontal Scaling:
○ As user volume and transactions increase, the platform will be scaled horizontally
by adding more servers and utilizing cloud infrastructure to handle large-scale
global transactions.
● Blockchain Scalability Solutions:
○ Implement Layer 2 solutions, sidechains, or sharding to improve transaction
throughput and reduce network congestion.

3. Introduction of New Business Models

● Subscription-Based Premium Features:


○ Introduce a subscription model for premium features such as advanced analytics,
auditing tools, and real-time trading insights.
● Token Economy:
○ Implement a native utility token for the platform, allowing users to earn, stake, or
use tokens for transaction fee discounts or platform governance.

4. Sustainability and Compliance as a Service

● Offer Compliance as a Service (CaaS):


○ Expand the platform’s services to offer compliance-as-a-service, allowing third-
party projects and organizations to use AEB’s certification and auditing tools for
their carbon projects.
● Sustainability Data Monetization:
○ Allow users to monetize their sustainability data by selling it to interested parties
(e.g., governments, companies looking to offset their carbon footprint).

5. Global Standardization and Integration

● Alignment with Future Carbon Standards:


○ Continuously align with evolving carbon credit standards (e.g., new international
policies or agreements).
● API for Integration:
○ Develop APIs for easy integration with other environmental sustainability
platforms and carbon accounting systems.

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