How Does the Solution Address the Problem?

Hardwood uses a renewable resource held by decentralized entities (private landowners) to provide value for not only the cryptocurrency community but also the private landowners. The private landowners are able to enroll themselves into the backing of this cryptocurrency through their smartphones. The landowner follows a know your customer verification and uploads an outline of their property. From this outline a geospatial analysis is done of how much wood is on that property. Based upon the amount of native forest and native biodiversity that the landowners have in comparison to other landowners in their area, they are rewarded. By competing to have the most forest and biodiversity on their lands it incentivizes increasing and maintaining of the ecosystems present. The reward cards where the rewards are distributed are Visa or Mastercard, this allows the private landowners to use their rewards anywhere that accepts these cards.