Regulatory Compliance & Governance

Edma ensures regulatory compliance and decentralized governance by integrating ESG smart contracts, permissioned access for regulators, and a DAO governance model. These mechanisms enhance transparency, automate sustainability reporting, and involve stakeholders in decision-making.

Key Components of Compliance & Governance

1. ESG Smart Contracts for Automated Compliance

• Smart contracts automatically generate carbon credit certificates, Renewable Energy Certificates (RECs), and sustainability reports.

• Ensures real-time tracking of ESG metrics and adherence to global environmental standards.

• Reduces administrative overhead by replacing manual verification with blockchain-based proof-of-origin.

2. Permissioned Access for Regulators

• Provides auditors and regulatory bodies with read-only access to compliance records stored on-chain.

• Uses zero-knowledge proofs (ZKPs) to share compliance data without exposing sensitive user information.

• Ensures tamper-proof verification of sustainability claims while maintaining decentralization.

3. DAO Governance Model

• Edma operates under a Decentralized Autonomous Organization (DAO), where stakeholders can propose and vote on network changes.

• Uses governance tokens to enable voting on protocol updates, compliance measures, and tokenomics adjustments.

• Ensures transparent, community-driven decision-making for long-term sustainability.

Code Implementation

Example: ESG Certification Smart Contract

contract ESGCertificate {
    struct Certificate {
        address owner;
        string certificationType;
        uint256 issuedAt;
    }
    
    mapping(uint256 => Certificate) public certificates;
    uint256 public certificateCount;
    
    function issueCertificate(address owner, string memory certificationType) external {
        certificateCount++;
        certificates[certificateCount] = Certificate(owner, certificationType, block.timestamp);
    }
}

Example: DAO Governance Voting Mechanism

contract EdmaDAO is Governor, GovernorCountingSimple, GovernorVotes {
    constructor(IVotes _token) Governor("EdmaDAO") GovernorVotes(_token) {}
    
    function votingDelay() public pure override returns (uint256) {
        return 1; // 1 block delay
    }
    
    function votingPeriod() public pure override returns (uint256) {
        return 200; // Approx. 5 days
    }
}

Benefits of Edma’s Compliance & Governance Framework

• Automated ESG Reporting: Eliminates manual tracking and fraud.

• Regulatory Transparency: Provides secure, auditable records to government agencies.

• Decentralized Decision-Making: DAO governance ensures community-driven network evolution.

• Sustainability Compliance: Smart contracts enforce real-time ESG adherence.

Edma’s compliance and governance mechanisms create a transparent, auditable, and community-driven renewable energy ecosystem.