CLEARBON: A Blockchain-Based Dual Market System for Real-Time Carbon Credit Verification and Trading

Abstract: Industrial carbon markets face delays in credit issuance and lack real-time verification and predictive trading mechanisms. This paper proposes CLEARBON, a blockchain-based system integrating IoT sensors, AI models, and satellite data for real-time emission monitoring and instant carbon credit issuance. The system introduces a dual-market approach with spot and futures trading, enabling efficient, transparent, and secure carbon transactions while supporting predictive emission reduction strategies.

Keywords: Blockchain, Carbon Credits, IoT, Machine Learning, Smart Contracts, Emission Monitoring