Blockchain makes sense when there are decentralized peer-to-peer contracts, sourced code is open for assessment and development, the data is copied to unlimited number of anonymous computers and cannot be altered ex-post, which are the features of public blockchain. If it’s not the case, then blockchain or even distributed databases probably are not needed. With current level of IT technologies centralized software and databases would do the job just as well and even better.
Unlike numerous distributed ledger, distributed databases-based (played off as blockchain-based) climate change, green energy, other environmental programs - most of which have plans and whitepapers but not the working product - DAO Integral Platform for Climate Initiatives (DAO IPCI) is actually deployed entirely in public not so-called privileged or proprietary blockchain. There are no privileged or proprietary components or the data deployed on the servers, nodes or in the clouds under centralized control. There are no proprietary software that you can’t examine but have to pay for. Social and environmental impact programs is the case where you definitely need public blockchain.
DAO IPCI minimum viable set of intrinsic smart-contracts has been tested and working since 2016; it is open-sourced and may be reviewed and developed by the Ethereum community, largest blockchain community, or anyone.
The data, especially mitigation instruments represented by tokens, which participants would want to check and track, are independently verified on public blockchain, not someplace else.
Supporting documentation and data is stored in the distributed file system and cannot be altered.
DAO IPCI is decentralized, not governed by anyone, does not imposes or prescribes anything to the users, independent programs ruled by independent operators, except for the logic. Which is universal and unified.
DAO IPCI is not a “program” per se. It is an open sourced platform, a set of intrinsic smart-contracts adjustable to various requirements that anyone is free to use and develop. It is a trustless tool. “Trustless” meaning that you don’t have to trust anyone personally, nor the name, nor the brand, nor the reputation. You can track every step of the program you join or support, or launch your own program, and trust only open source contracts that have been tested and working since 2016 and can be checked by anyone and anytime.
DAO IPCI in the first instance has been designed for carbon market instruments and functions. However, any natural capital, environmental assets, anything that’s quantifiable and independently verified, can be deployed in DAO IPCI and represented by specific types of tokens.
Mitigation Token is not obligatory to be used as a currency in DAO IPCI. Any independent operator of an independent program can issue alternative currency, payment token arbitrarily.
The question is not whether technology is mature, scalability, interoperability or energy efficiency issues are resolvable but whether major environmental market players, mandatory or voluntary environmental, green energy programs of different scale are ready for decentralization of authority, for transparency and a completely new economic paradigm. Would they be ready to make their business patterns public and share the authority they enjoy? Or would they still confine to disguising the old ways with sexy innovation wording like “blockchain” hoping to sustain public trust deserve it or not? Whether they do or do not nothing prevents self-sufficient independent programs and individuals from launching sovereign representations in DAO IPCI to adhere to the right to make one’s own choice and contribute to the new public blockchain market pattern.