Markets began to demand a structure that would allow projects to clearly demonstrate the ecological impact of their activities. Because of this, climate-focused data tracking project Hyphen has found a market gap that it’s very eager to fill.

The project has been made possible by the assistance of a Chainlink grant in 2021. LaunchDecentralized oracle networks (DONs) allow smart contracts to access a verified resource. This provides data about greenhouse gases, starting with N2O (nitrous oxide). This creates a reporting system that makes corporations responsible for their carbon emissions, and permits climate disclosures to ensure compliance with regulations.