Facilitating, quantifying and establishing sequestered carbon in agricultural trees and wine grapevines
A blockchain system is disclosed for tracking and exchanging carbon credits between providers and acquirers. The blockchain system can be a closed-loop gateway that exchanges tracked tokens from an original carbon credit provider through subsequent acquirers. Additionally, future projected carbon credits can be generated and/or verified.
1 . A system for quantifying an organic plant sequestered carbon comprising:
a position sensing device operable to determine a location of a parcel of land;
a soil monitoring device operable to monitor one or more soil conditions;
a first communication system operable to transmit data from the position sensing device and the soil monitoring device;
a second communication system operable to receive the data about the location of the parcel of land and the one or more soil conditions; and
a processing device operable to:
obtain a location for a parcel of land based on the data;
calculate an area of the parcel of land based on the data;
identify one or more categories of plants growing on the parcel of land based on the data;
extract a volume of the one or more identified categories of plants growing on the parcel of land based on the data;
analyze the volume of the one or more identified categories of plants growing on the parcel of land;
extract a percentage of an above-ground biomass of each of the one or more categories of plants growing on the parcel of land from the analyzed volume of the one or more categories of plants;
extract a percentage of a below-ground biomass of each of the one or more categories of plants growing on the parcel of land from the analyzed volume of the one or more categories of plants;
compute a total project carbon above-ground (TPCAG) value from the extracted percentage of the above-ground biomass of each of the one or more categories of plants;
compute a total project carbon below-ground (TPCBG) value from the extracted percentage of the below-ground biomass of each of the one or more categories of plants; and
compute a total project carbon (TPC) by combining the TPCAG value and the TPCBG value.
2 . The system of claim 1 wherein the categories of plants is selected from agricultural trees and grapevines.
3 . The system of claim 1 wherein the TPC is converted to a metric tonnes of CO 2 e.
4 . The system of claim 1 further comprising determine an age of the one or more categories of plants growing on the parcel of land.
5 . The system of claim 1 further comprising determine a longevity of the one or more categories of plants growing on the parcel of land.
6 . The system of claim 1 further comprising calculate a future total project carbon (FTPC).
7 . The system of claim 6 further comprising one or more of analyze historic weather patterns and analyze projected weather patterns.
8 . The system of claim 6 further comprising select one or more future time frames.
9 . The system of claim 1 further comprising identify one or more similar parcels of land, analyze carbon sequestration for the one or more similar parcels of land, perform predictive analytics for the parcel of land based to determine a total project carbon based on the analyzed one or more similar parcels of land.
10 . The system of claim 1 further comprising:
a server computer in communication with a mobile unit, the server computer comprising
a data store for storing the set of data;
a processor in communication with the second communication system and the data store; and
a computer readable medium having stored thereon a set of instructions executable by the processor to cause the server computer to perform one or more operations, the set of instructions comprising
instructions to store the set of data at the data store;
instructions to calculate, based at least in part on the set of data, a sequestered carbon;
instructions to verify, based at least in part on the calculated amount of sequestered carbon, a carbon credit amount; and
instructions to generate output indicating a verified amount of carbon credit.