GESIA Platform
-
NFT -
GET
-
POC
-
Dual Layer
-
Oracle
Green Earth Social Impact Alliance
The GESIA Platform will start with two servies, 'social contribution services' and 'social impact investment services,' allowing participants to generate sufficient profits while contributing to society. The services are designed carefully to motivate the voluntary participation of people incorporating blockchain's network effects and various fun elemetns.
GESIA Chain?
While Bitcoin and Ethereum are public blockchains that require a high carbon footprint by design, GESIA Chain has a hybrid architecture to reduce the carbon footprint of the blockchain. GESIA Chain works as a sidechain with lightning protocol to ensure high transaction processing speed and is limitedly anchored on the public blockchain to maintain network compatibility and stability.
Market information for Carbon Offset Credet trading
Through the GESIA platform, investors will be able to invest in carbon offset credits with various virtual assets and receive tokenized carbon offset credits so that investors will have access to the blockchain-based secondary market. All records of these transactions will be recorded on the blockchain and will always be managed.
Hybrid Smart Contracts and Oracle Services
GESIA Chain delivers verified information to members through blockchain oracle services and provides them when making various decisions.
Dynamic NFTs
GESIA Chain's second-generation NFTs enable dynamic changes to static first-generation NFTs through hybrid smart contracts.
Background
The GESIA platform seeks to overcome the limitations of the existing non-profit environmental movement by leveraging the new possibilities provided by blockchain.
Green Technology Status
The market for green technology is still at the infant stage but attracting the interest of investors as the issue of natural resources depletion and climate change is escalating. As of 2020, the global green technology market is recording USD 120B with a CAGR of 21.9% and is expected to reach USD 900B by 2030.
New Consumer Group, Millennials
The millennial generation is estimated at 1.8 billion, accounting for the largest share of the generation cohort. While growing up with the digital world and social media, millennials' obsession with the transparency and integrity of society may have formed naturally. One of the distinctive traits of millennials is that they firmly uphold an active appetite for the common good of society. This trait is manifested in how millennials choose their investments: According to CNN Money, the overwhelming majority of Millennials surveyed, 93%, believe that a company's social and environmental impact is key to their investing decisions.
Social Impact Investment
Globally, investors have made it clear that profit is not their only goal, and they want to show that they contribute to society through investment. An asset manager once said that 86% of its clients prefer and choose social impact investments because of global environmental issues. This is a historic opportunity not to be missed. If only 10% of the $269 trillion of wealth owned by institutions and individuals is channeled toward investments that help improve society and the environment, the UN's 'Sustainable Development Goals,' including a carbon-neutral future, will be achieved.
Voluntary carbon offset Credits market
As a follow-up to the UN Environment Conference in Glasgow, Article 6 of the Paris Climate Agreement, officially passed on November 13, 2021, provides the basis for innovation in the private sector's voluntary carbon offset credit market. Section 6.4 (Sustainable Development Mechanism, SDM) also heralds a significant change in how the private sector and the government achieve emissions targets and makes us expect a quantum leap in the voluntary carbon offset credits market.
Carbon Offset
What is a carbon offset?
Understanding The Carbon Cycle and How it Changes the Climate
Climate Maps of Transformed United States
Integrating Carbon Credits in Corporate Sustainability
What Drives the Growth of The Carbon Offset Market
Carbon Market Governance and Initiatives
Will Canada Retire On Carbon Credits
The 4 Best Carbon Offset Programs
Agricultural Carbon Credits and Carbon Farming Guide
CBAM Carbon Pricing (EU’s 1st Cross-Border Carbon Policy)
What is the Best Carbon Credit to Buy A Buyers Guide on Different Types of Carbon Credits
What is Your Carbon Footprint and How to Reduce It
How Do You Get Carbon Credits
What is COP26 The Most Important Conference For Carbon
Carbon Credits vs Carbon Offsets
How Direct Air Capture Works (And 4 Important Things About It)
ESG Basics – Why ESG Investing gives Double Dividends
Platform Service
The GESIA Platform will start with two services, ‘social contribution services’ and ‘social impact investment services,’ allowing participants to generate sufficient profits while contributing to society.
Social Contribution Service
Mileage Exchange system
GESIA platform would like to provide an integrated service that allows individuals to convert various mileage accumulated through carbon-emitting activities to carbon offset credits and erase an individual's carbon footprint. Through collaboration with companies or institutions that issue mileage, consumers can easily procure carbon offset credit or invest in projects that generate carbon offsets with the value corresponding to the mileage. This new ecosystem allows consumers to offset the carbon they generate with the mileage they were rewarded for respective consumption.
NFT Green Activity Certificate
When GESIA members participate, an NFT Green Activity certificate is issued to the participating members through the blockchain's Proof of Attendance Protocol. At this time, the geographic information of the area where the project is conducted is attached to the NFT certificate so that participants can observe changes in the area with continuous interest. In addition, a certain amount of tokens are provided as a reward for such participation based on the value of the project's carbon offset credit.
Social Impact investment service
Carbon offset Credit brokerage
The GESIA platform will connect with an authorized carbon offset exchange so that members can quickly and conveniently participate in the carbon offset market, which is expected to have a high growth potential. Through the GESIA platform, investors will be able to invest in carbon offset credits with various virtual assets and receive tokenized carbon offset credits so that investors will have access to the blockchain-based secondary market. All records of these transactions will be recorded on the blockchain and will always be managed transparently.
Green Technology DAO
The GESIA platform is not just a trading brokerage platform but a community of millennials who think deeply about the future of society. The GESIA platform will be built on a blockchain protocol that allows all participants to discover new green technologies quickly, share them with the community, make investment decisions collectively if so voted, and form a Decentralized Autonomous Organization (DAO) for the investment execution and management.
Hybrid Smart Contract
Hash Time Lock Smart Contract & Atomic Swap
A Open Platform for Hash Time Lock
In order for the Green Earth Chain to work, GET issued
from the public network and its own GEC must be
exchanged. In this case, the Hash Time Lock function,
a kind of smart contract, is used.
A hash time lock is a combination of a time lock that
delays the execution of a contract by a certain amount
of time and a hash lock that executes/ends a contract
only when a certain hash value (other transaction
termination value) is presented.
A service that provides external information in real
life to a smart contract is called a blockchain
oracle, and a hybrid smart contract is a combination
of on-chain code and off-chain oracle.
Through the Oracle service, various information is
delivered to participants and provided to be used when
making decisions. Based on the investment plan
information, two or more experts verify whether the
investment plan is in line with the investment plan,
and the investment can be executed through the final
voting result.
A hash time lock is a combination of a time lock that delays the execution of a contract by a certain amount of time and a hash lock that executes/ends a contract only when a certain hash value (other transaction termination value) is presented.
A service that provides external information in real life to a smart contract is called a blockchain oracle, and a hybrid smart contract is a combination of on-chain code and off-chain oracle.
Through the Oracle service, various information is delivered to participants and provided to be used when making decisions. Based on the investment plan information, two or more experts verify whether the investment plan is in line with the investment plan, and the investment can be executed through the final voting result.
GESIA Whitepaper
Green Technology & Culture Campaign with Millennials.
GESIA Whitepaper
We propose a ‘Green Earth Social Impact Alliance Platform’ that combines the collective intelligence of the millennial community with the potential of blockchain.
The roadmap to success
Green Earth Social Impact Alliacne Roadmap
GESIA Platform allows participants to access their services through their wallets, and makes it easier for interested companies to build new services using various Restful APIs in their services.
Providing a service to erase carbon footprints to one travel service company.
Carbon Offset Brokerage POC.
Lightning chain and Swap.
NFC Service.
Integrated website.
NFT Green Certificate Issuance POC.
Investment DAO Platform.
External Investment Information/Evaluation.
Information service linkage.
Investment Brokerage POC.
Blockchain Oracle
External expert services.
Carbon Offset Tokenization.
External Enterprise API Bank.
External service POC.
External verification and supplementation of the system.
Full service.
GESIA SOCIAL MEMBERS
Green Social Wave
A member of the Green Earth Social Impact Alliance platform.
- The company that will be responsible for the initial development of the GESIA platform and business is Green Social Wave Company Limited(GSW). GSW was first conceptualized by Ellis Ahn, a fashion model, influencer, and millennial herself, with renowned and respected professors who have advised her on the current status of environmental movements of companies and blockchain experts who also share the vision of Ellis. Soon after, many seasoned people in various sectors joined GSW to improve society.
- Separately, the Green Earth Community Foundation, which consists opinion leaders from academia, politics, related organizations, business, etc., will be established for research and policy development necessary for the growth of this project.
FAQs
Green technology?
The green technology industry strives to provide more
environment-friendly ways and means throughout the
life cycle of goods and services. It is not limited to
simply switching to alternative energy sources but
includes a technology enabling energy consumption
reduction by harnessing the energy management system
research, agricultural reengineering, material
science, hydrogen power, and other related
technologies. Moreover, many of these new green
technologies are aggressively aiming to restore the
earth by recapturing greenhouse gas, reforestation,
re-soiling, etc.
Hybrid Smart Contracts and Oracle Services?
GESIA Chain obtains a variety of external information
for on-chain services through blockchain oracle
services and provides participants with useful
information when making decisions.
For example,
when executing an investment, a company requesting
investment verifies that the planned investment
performance results and plan information are in
accordance with the investment plan promised in
advance by two or more experts, and the investor
agrees to the final voting result through which you
can execute your investment.
Token Economy
Anyone who wishes to participate GESIA Platform may procure the ERC-20 standard token, GET, which will be listed on several virtual asst exchanges and decentralized exchanges for easier access by members. The primary role of this token is to function as a channel to participate in the GESIA ecosystem. This token can be exchanged with third-party stable tokens, which have the same value as fiat currency, required for purchasing carbon offset credits and for external transactions such as green technology investment DAO.
Reward program
The value of ERC-20-based GET issued is linked to expanding the network value of the entire ecosystem. To foster the growth of this ecosystem's value, GESIA Chain rewards those who have contributed to the ecosystem with various smart contract usage fees and transaction fees. Reward programs will be carefully designed to incentivize more community members to participate.
Green Earth social impact alliance platform member?
The company that will be in charge of the initial development of the Green Earth Social Impact platform and business is Green Social Wave.