Software for Carbon Credit Markets

The market for carbon credits is expected to multiply over the coming years with a current market size of over $250 billion! Enhance your carbon industry presence with Xeptagon carbon market software.

The state-of-the-art software developed by Xeptagon for carbon trading and carbon markets that includes carbon exchanges to work along with carbon registries and carbon MRV (Measurement, Reporting, and Verification) systems supports the full lifecycle of carbon credit programs as well facilitates seamless over-the-counter transfers and real-time trading. Our blockchain integration makes sure all carbon credit transactions are immutable for increased transparency. In addition, each carbon credit is individually traceable as a token on the blockchain.

Our software for trading Carbon Credits is suitable for national-level and corporate implementations as well as implementations targeting the SME sector. With our prior experience in building carbon market software for Top Fortune 500 Businesses, Inter-Governmental Organizations and Governments across the globe, we are confident that Xeptagon is the ideal software vendor to implement your next-generation carbon market software.

Carbon Exchange

Develop real-time carbon exchanges to buy and sell Article 6 and Voluntary Carbon Credits from around the world. The exchange supports Spot Market, Over the Counter (OTC) and Auctions of carbon credits.

Carbon Registry

Develop custom carbon registries to track the ownership, issuance, retirement, and transfer of carbon credits. Achieve increased transparency with the integration of public and private blockchains.

MRV Systems

Develop Measurement, Reporting and Verification (MRV) Systems to measure, monitor and verify GHG emissions. The digital system supports the management of the full life cycle of carbon credits until issuance.

GHG Inventory

Develop GHG (Green House Gases) inventories to identify emission sources and use standardized methods to quantify emissions. Use the system to identify reduction opportunities for GHGs.

Success Stories

Carbon Exchange for SK Securities

Xeptagon is excited to partner with South Korean Kiuda Holdings to develop a state-of-the-art Carbon Credit Exchange using Xeptagon’s core Climate Finance technology framework. The investment arm of South Korea's SK Securities has invested in Kiuda as the seed investor. SK is a well-known and leading global brand, the second-largest conglomerate in South Korea and a top Fortune 500 business. Xeptagon is the core technology partner of Kiuda Carbon Exchange.

Carbon Registry Contract from UNDP

Xeptagon is excited to be contracted to develop the National Carbon Registry of the United Nations Development Programme (UNDP). The carbon registry has many advanced features including full lifecycle support of carbon credits, multi-organization workflows as well as blockchain integration for transaction immutability. The pilot deployment was done for Namibia during the COP28 held in UAE. The deployment will further enhance Namibian entities to actively participate in carbon trading and climate markets.

Carbon Registry Contract from UNDP

Carbon Market for Hong Kong

Xeptagon is honoured to receive a prestigious grant from Cyberport to support our Climate Finance and Energy Optimization operations in Hong Kong. We will be operating our climate market in Hong Kong while offering a group of advanced climate finance products to improve the liquidity of climate markets. The grant programme is awarded to promising and innovative startups that have a proven high growth potential.

State of the Art Features

Discover the state-of-the-art features offered by Xeptagon for our Carbon Credit Management and Climate Finance Software including digitalized workflows, real-time transactions, blockchain integration and tokenization among others.

Multi-Party Connectivity

Carbon credit management involves the collaboration of multiple parties such as regulatory bodies, MRV (Measurement, Reporting, and Verification) systems, independent certifiers, other registries, exchanges etc.

Xeptagon carbon trading software system is designed to connect multiple external parties through our API gateways for seamless operations.

Realtime Trading

Xeptagon's carbon credit trading systems supports carbon credit transfers and transactions where participants can easily buy and sell carbon credits.

The system supports real-time trading and settlement where credits can be directly purchased from order books. In addition, the system also supports over-the-counter (OTC) transactions for transfers that require offline negotiations, a common case for corporate clients and large orders.

Blockchain Integration

Fraud, lack of transparency and accountability are significant concerns associated with global carbon markets. With these concerns in mind, our carbon trading systems was designed with a blockchain integration where all carbon credit transactions are written on an immutable blockchain.

Our blockchain enables organizations to easily track each carbon credit transaction providing the required transparency. Currently, we support cloud-based AWS QLDB as the blockchain integration. The integration can also be extended to any other Layer 1 blockchain solution such as Ethereum, Avalanche, Internet Computer Protocol etc.

Carbon Lifecycle Support

Carbon credits are issued after a lengthy collaborative effort such that each credit represents a verifiable reduction of greenhouse gas emissions. The carbon market software along with MRV and registry supports the management of the complete carbon credit lifecycle and the programme lifecycle.

Our trading software system supports the processes of programme registration, verification, certification, credit issuance and retirement among others through the dedicated API endpoints and easy-to-use user interfaces. The features are easily customisable based on your requirements and each user is authenticated with clear access demarcations.

Dynamic Credit Calculations

Tokenized Tracking

Monitoring Dashboard

Low Cost Deployment

Easily Customizable

There are dozens of types of projects from multiple categories that generate carbon credits. Each type of project has its calculation methodology and a set of parameter configurations.

Xeptagon carbon credit management system uses a dynamic rule engine to calculate the carbon credit quantities during the issuance. The rules for calculation methodologies and the parameters can be easily and quickly updated through the rule engine without going through lengthy development workflows. In addition, each credit issued is associated with a serial number and versioning to identify the exact methodology and configurations used.

In an industry first, each carbon credit issued by the Xeptagon carbon registry is tokenized using our blockchain integration.

As a result, each carbon credit can be individually tracked and verified publicly using our blockchain token explorer throughout its lifecycle from issuance to retirement. All additional details associated with the token are linked to the token.

Xeptagon carbon registry is builtin with an attractive dashboard to monitor all carbon credit transactions and other activities. The dashboard provides real-time updates with the ability to run complex analytics to generate valuable business insights.

Xeptagon carbon trading systems are 100% deployed on AWS (Amazon Web Services) Cloud. Our modularized cloud-based deployment uses the latest software stack on AWS and is configured to operate at a low cost. The system is designed for automated scaling and high reliability.

Not all carbon registries and carbon markets are the same. We have made sure to design our carbon registry system in an easily customizable modular manner to add components that are essential for your deployment as well as remove any irrelevant components. Updating calculation methodologies is easier with rule-based credit calculations.

In addition, our experienced development team will work with your team to customize the system to cater for your unique requirements.

Dynamic Credit Calculations

There are dozens of types of projects from multiple categories that generate carbon credits. Each type of project has its calculation methodology and a set of parameter configurations.

Tokenized Tracking

In an industry first, each carbon credit issued by the Xeptagon carbon registry is tokenized using our blockchain integration.

Monitoring Dashboard

Low Cost Deployment

Easily Customizable

In addition, our experienced development team will work with your team to customize the system to cater for your unique requirements.

Latest from Xeptagon

Here are a few latest updates from Xeptagon on the carbon trading domain. Refer to our blog for a more complete list of our latest work.

blockchain-backed carbon credit tokenization

Xeptagon partners with Digital Transformation of Sri Lankan Carbon Market

Xeptagon is excited to announce that we are currently developing the systems for the Digital Transformation of the Sri Lanka Climate Finance and Carbon Markets. The project is undertaken with funding and guidance from the UNDP while being overseen by the Ministry of Environment. The initial goal is to digitalize climate finance and carbon trading with the creation of a National Carbon Registry for Sri Lanka which will facilitate real-time carbon trading.

Xeptagon presents Carbon Trading Software to the Government of Kenya

Xeptagon, a global powerhouse for climate finance software along with Mayleen Corporation presented the Carbon Trading and Carbon Credit Management Software developed by Xeptagon to the Government of Kenya. The objective of the initiative is to make Nairobi the carbon trading capital of Africa by 2025 with a state-of-the-art Carbon Credit Exchange, Carbon Registry and an MRV System.

Xeptagon develops a Carbon Credit Exchange for South Korean Kiuda

Xeptagon is excited to partner with South Korean Kiuda Holdings to develop a state-of-the-art carbon credit exchange using Xeptagon’s core Climate Finance technology framework. The investment arm of South Korea's SK Securities has invested in Kiuda as the seed investor. SK Securities is a well-known and leading global brand based in South Korea. Xeptagon is the core technology partner of Kiuda Carbon Exchange.

Xeptagon launches in Cyberport targeting Climate Finance Services

Xeptagon is excited to announce the launch of business operations in Hong Kong with a new office at the Cyberport. Xeptagon is also honored to receive a prestigious grant from Cyberport enabling us to further expand our business operations in Hong Kong. The grant programme is awarded to promising and innovative startups that have a proven high growth potential. Xeptagon’s new venture in Cyberport will primarily focus on the Climate Finance and Energy Optimization domain.

Xeptagon contracted to deploy the Carbon Registry of UNDP for Namibia

Xeptagon is excited to announce being contracted to deploy the latest National Carbon Registry developed by the United Nations Development Programme (UNDP) for Namibia. The deployment will further enable and enhance Namibian entities to actively participate in carbon trading and climate markets. Xeptagon is also honoured to be a part of the development team of this national carbon registry.

Xeptagon Contracted to Develop the UNDP Carbon Registry

Xeptagon is excited to be awarded the contract to develop the National Carbon Registry of UNDP. The Carbon Registry, designed to be deployed at the national level manages the ownership, issuance, retirement, and transfer of carbon credits.The Carbon Registry has made it easier for countries to effectively manage and trade carbon credits easily. The newly developed National Carbon Registry is also accredited as a Digital Public Good (DPG).

Software Powering Carbon Credit Markets