DISTRIBUTED LEDGER PLATFORM FOR TRACKING CROWDSOURCED AND INDIVIDUAL-BASED CARBON OFFSETS IN REAL TIME

• Main Author: Wick, Alexander
• Format: Patent
• Language: English
• Published: 12.08.2021
• Subjects: CALCULATING; COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

Methods and systems for tracking individual-based carbon offsets in real time using a distributed ledger are presented. One method includes: tracking, by a computing device having one or more processors, the movement of a user device associated with a user from a first location; receiving, via sensors on the user device, motion-specific data for a predetermined duration; creating feature vectors using the motion-specific data for the predetermined duration; applying a trained machine learning model to the feature vectors to determine a mode of transport for the movement; receiving by the computing device, an indication of the end of the movement at a second location; generating, based on the mode of transport, a carbon offset score; and recording, in a distributed ledger, a tokenized entry of the carbon offset score.