The global demand for carbon credits is valued in the range of $35 billion – 1.1 trillion by 2050 by leading market pundits, which is testified by establishment of over 80 national carbon pricing mechanisms (emissions trading and carbon tax), globally. It is interesting to note the phenomenal coverage of global emissions (28%) by direct carbon price as compared to 5% in 2005. With over $100 billion raised as revenues from these carbon pricing mechanisms for the second consecutive year, countries are gearing toward implementing robust and secure digital infrastructure to ensure safe, efficient, and interoperable transaction infrastructure, to scale private sector financing in the carbon markets.