Native data quality monitoring
A built-in validation layer monitors, verifies and scores environmental data in real time, before anything is tokenized or written to the ledger.
Real-time dMRV · on-chain proof · any sector
Trust, built into every carbon credit.
GreenTrust Protocol checks every data point from your project before it can become a credit, then records the credit’s whole life on Algorand. Solar farm, biogas plant, EV fleet or forest: if your impact can be measured, it can be proven.
Validated at sourceBad data is stopped before tokenization
ImmutableIssuance to retirement, on-chain
NeutralWorks with registries and marketplaces
Gatekeeper · liveAlgorand Testnet
1,284Validated
37Blocked
312Credits minted
Illustrative feed with sample readings from different sectors.
The market has spoken
Integrity now sets the price of a carbon credit.
Buyers are paying more for credits they can defend, and walking away from the rest. The projects that win are the ones whose data can be verified end to end.
~360%
price premium for higher-rated credits over lower-rated ones by the end of 2025
70%
of total credit spend now goes to high-quality rated credits
$13.7B
in long-term offtake agreements announced in 2025 as buyers lock in high-integrity supply
Sources: MSCI Carbon Markets; Sylvera, State of Carbon Credits 2025; Sylvera, Carbon Market Trends 2026.
The problem
Carbon markets run on data nobody can fully trust.
Real projects struggle to stand out, bad actors game the system, and capital stays on the sidelines. Digitizing the old process doesn’t fix it.
Double-counting and greenwashing
The same tonne is claimed twice, or claims outrun the evidence.
Fragmented data
Evidence sits in scattered sensors, spreadsheets and PDFs, in many formats.
Verification bottlenecks
Manual, periodic audits are slow, expensive and prone to error.
Opaque registries
Siloed, document-based records offer snapshots, not transparency.
Permanent bad data on-chain
Tokenizing unchecked data makes its errors immutable.
The platform
The data-integrity backbone for carbon markets.
In market terms, GreenTrust is a dMRV platform, built as foundational protocol rather than another dashboard. Two pillars work together, so trust is established before a credit exists. Think of it as dMRV++.
Tamper-proof blockchain ledger
Every credit’s issuance, transfer and retirement is recorded transparently and immutably on Algorand, auditable by every participant.
Running today
Immutable audit trail
Each credit’s journey is cryptographically secured, from origin to retirement.
Running today
Real-time data quality
Flags anomalies, gaps and inconsistencies, blocks invalid data and scores every stream.
Running today
Smart contract automation
Issuance on verification, transfer on payment and enforced retirement, without manual steps.
Running today
Seamless integration
APIs and plug-ins for IoT, MRV tools, telematics, SCADA, satellite and farm systems.
Platform
Transparent interface
Search any project or credit, view its audit log and confirm ownership or retirement.
On the roadmap
Compliance and SDG reporting
Built-in report templates and a UN SDG module that maps your project to the goals it supports.
How it works
From raw data to retired credit, in three steps.
01
Ingest and validate
Sensors, meters, satellites, MRV tools and manual sources stream in continuously. Schema, logic, range, time and anomaly checks run on every point. Only validated data moves on.
02
Tokenize verified credits
Smart contracts issue each credit as a unique token carrying its project type, location, standard, verification body and timestamp.
03
Track the full lifecycle
Issuance, transfer and final retirement are visible on-chain. A retired credit is locked and can never be reused.
Architecture
From sensor to trusted credit. Select a layer.
The pre-tokenization gatekeeper
Bad data never becomes a credit.
Schema checksLogic rulesRange validationTime consistencyAnomaly detectionConfidence score
Only high-confidence data reaches the blockchain, so disputes are prevented up front instead of being unpicked after credits have been sold.
Then smart contracts take over: they trigger issuance, transfer ownership on payment and enforce final retirement so no credit is used twice.
Industries
If it can be measured, it can be trusted.
GreenTrust doesn’t depend on the activity, only on the data it produces. The same trust layer serves every sector, and new project types plug in without rebuilding it. Choose yours to see how it works.
Working in another sector? If your project produces measurable data, the configurable input module can bring it onto the protocol.
Discuss your projectUse cases
One protocol, very different projects.
Challenge
With GreenTrust
Outcome
Positioning
Deeper than reporting. Neutral to every marketplace.
Most MRV and dMRV tools sit at the reporting layer and rely on upstream data they can’t audit. GreenTrust validates raw telemetry before tokenization, anchors proofs on-chain and observes the whole data pipeline.
Blockchain from Algorand plus data-quality monitoring from DragonflyDQ gives guarantees that a dashboard alone cannot.
The ecosystem bridge
We complement registries and marketplaces. We don’t compete with them.
Registries and standards bodies
Today: methodologies and records depend on manual, document-based checks.
With GreenTrust: a real-time data layer that makes verification faster, cheaper and auditable.
Marketplaces and exchanges
Today: tokenized credits still rest on fragmented, manually verified data.
With GreenTrust: high-confidence assets to list and trade with certainty.
Buyers, investors and auditors
Today: due diligence is slow and greenwashing risk is hard to rule out.
With GreenTrust: sensor-to-credit lineage they can check for themselves.
Who benefits
Trusted data compounds value.
Why now
This is the decade to fix carbon market trust.
Standards are tightening
ICVCM’s Core Carbon Principles and VCMI’s Claims Code raise the bar for integrity and claims.
Compliance markets are live
Paris Article 6 frames international trading. India’s CCTS now binds about 490 entities in seven sectors.
Claims need data
Regulators, investors and the public expect verifiable evidence, not PDFs and spreadsheets.
The technology is ready
Algorand and mature IoT make real-time monitoring and on-chain verification practical at scale.
Progress and roadmap
Built, proven on Testnet, moving to production.
Done
Core protocol
- Configurable data input module
- Real-time data quality control
- Running on Algorand Testnet
Next
Compliance layer
- Compliance report templates
- UN SDG reporting module
First deployment
Waste-to-energy, Goa
- Active talks with Goa Waste Management Corporation
- Local entity empanelled with the Government of Goa
Scale
Every sector
- Repeatable onboarding playbook
- New project types and regions
- Partner network of consultants and auditors
CCTS coverage: ICAP, compliance obligations from FY 2025–26.
Business model
We grow when your credits sell.
Recurring
Platform fee
SaaS or self-hosted. Project developers pay for real-time monitoring, dashboards, reporting and compliance.
Success-based
Credit commission
A percentage of verified credits sold through connected marketplaces and exchanges.
The team
Technologists and climate experts, building together.
We’re technologists, environmentalists and systems builders, backed by a network of technical consultants, auditors and implementation partners.
Join the GreenTrust Protocol
Building trust from the ground up.
Project developers, sustainability teams, registries, marketplaces, investors and regulators: let’s build carbon markets that run on integrity.
- mandar@pbmsys.com
- Phone
- +91 99755 74955
- Office
- B2/205, Sneha Vihar, Dangat Patil Nagar, Shivane, Pune 411023, India