CarbonMeta Files Patent for CO2 Tracking in Concrete Using Blockchain Technology

CarbonMeta Technologies, operating in the US and Saudi Arabia, has filed a patent application for a process that documents and tracks sequestered CO2 in concrete using blockchain technology. This patent aims to reduce the construction industry’s carbon footprint by combining advanced carbon sequestration techniques with blockchain to ensure transparency and immutability of carbon credits.

Filed with the USPTO, the patent by CarbonMeta Technologies aims to transform the construction industry by enabling accurate documentation and tracking of CO2 captured in cement-less concrete products. This captured CO2 will be represented as carbon credits and securely stored on a blockchain, promoting transparency and immutability.

“This provisional patent represents a pivotal step in our mission to create and deploy transformative solutions for a greener tomorrow,” said Lloyd Spencer, President and CEO of CarbonMeta Technologies. The approach addresses greenhouse gas emissions and provides an opportunity for significant investor impact in combating climate change.

In early 2024, CarbonMeta won a $220,000 contract with Saudi Investment Recycling Company (SIRC) to develop carbon-negative concrete from industrial waste. This project aligns with Saudi Vision 2030 by aiming to commercialize sustainable construction products like pavers, street furniture, and bricks.

Mohammed Khalil, Managing Director of CarbonMeta Technologies, highlighted the importance of this collaboration: “This joint pilot project with SIRC is the first step for commercializing the production of carbon-negative pavers, street furniture, and bricks in Saudi Arabia. We look forward to completing this pilot project and working further with SIRC toward scaling up the production and sale of carbon-negative concrete products.”

CarbonMeta launched its pilot plant in March 2024, trialing products made from the carbon-negative concrete mix. The company also signed a Research & Development (R&D) and Commercial Collaboration Agreement with SIRC in September 2023 to further develop and commercialize these products.

The GCC and MENA regions are increasingly focusing on mitigating carbon emissions. UAE-based Fils uses the Blockchain Sui platform to track carbon credits, aligning with ESG goals. Additionally, UK-based BeZero Carbon partnered with UAE’s ACX to host carbon credit ratings on ACX’s Abu Dhabi exchange, the world’s first fully regulated carbon trading exchange built on blockchain. This partnership aims to bring transparent carbon ratings to the Gulf States, highlighting the region’s commitment to sustainability and carbon credit growth.