Carbon credits and offsets are a way for businesses and individuals to offset their carbon emissions by purchasing credits that fund projects that reduce emissions.

However, the current system for tracking and verifying carbon credits is complex and prone to fraud. Blockchain technology could help to solve these problems by providing a transparent and secure system for tracking and verifying carbon credits.

This could help to increase the efficiency and credibility of the carbon offset market, and it could also encourage more people to participate in offsetting their carbon emissions.

However, there are some concerns about the scalability of using blockchain for carbon credits.