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What are Bright Greens?

What is the blockchain?

Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved.

Learn more:
https://www.ibm.com/topics/blockchain
https://en.wikipedia.org/wiki/Blockchain
https://www.investopedia.com/terms/b/blockchain.asp

What is cryptocurrency?

A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.

Learn more:
https://www.investopedia.com/terms/c/cryptocurrency.asp
https://en.wikipedia.org/wiki/Cryptocurrency
https://www.britannica.com/money/what-is-cryptocurrency

What is a token?

A crypto token is a representation of an asset or interest that has been tokenized on an existing cryptocurrency's blockchain.

Learn more:
https://www.coinbase.com/learn/crypto-basics/what-is-a-token
https://www.howtogeek.com/758480/what-is-a-crypto-token/

What is a Bright Green?

A Bright Green is a token that represents ecological improvement that has been grown by producers (farmers and land managers).

It is a built on the Ethereum blockchain. It combines two types of token. The PIE (Producer Investment Evaluation) Certificate, which proves the work has been done, is held on a non fungble token called ERC1155. The financial value is hold on a fungible token called ERC20. These two tokens are tied together so every Bright Green contains a certificate and specific data proving the genuine ecological improvement that created its value.

Bright Greens are stored in crypto wallets (Ethereum wallets). They can be bought and sold from a wallet.

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