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You've hit the nail on the fundamental issue. Authenticity check at the Physical -> Digital touch point. Some efforts such as digital KYC for banking are able t

You've hit the nail on the fundamental issue. Authenticity check at the Physical -> Digital touch point. Some efforts such as digital KYC for banking are able to solve this because the process involves a government issued identity, so the authenticity of the physical -> digital transmission is sort of embedded into the physical asset itself. Tampering the physical asset can be quickly reverified using several of the asset parameters (photo, DOB etc). For aspects such as meters or constantly changing physical data, I am not sure if it will ever be possible to ensure the authenticity of physical -> digital touchpoint. Is this something an embedded processor can help resolve ? In essence eliminating the possibility of fake data emerging from the meters ?

grive 6y ago
Indeed this is the crucial part. Usually a company will not generate its own energy. Depending on the country, the infrastructure is sometimes publicly owned and managed. Maybe the physical -> digital touchpoint here could be outside the boundaries of the company. The energy grid should report those numbers as references, to subscribers agreed upon by the company for example. There it could be certified by the government. Or something like that? Edit: Well of course now there would be an incentive to burn petrol to run turbines and generate locally, then turn them off to capitalize on a high in the energy efficiency security market...
- hef19898 6y ago
  Same problem with supply chains. There is still the need for a trusted party at the beginning of every block chain with a physical component to assure physical and digital data are the same.
deepstack 6y ago
* only auditors/inspectors can do that * exactly. Everytime with this smart meter comes up, this is the crucial thing that just doesn't make sense. No replacement for "auditors/inspectors"!

grive 6y ago

Indeed this is the crucial part. Usually a company will not generate its own energy. Depending on the country, the infrastructure is sometimes publicly owned and managed. Maybe the physical -> digital touchpoint here could be outside the boundaries of the company. The energy grid should report those numbers as references, to subscribers agreed upon by the company for example. There it could be certified by the government. Or something like that? Edit: Well of course now there would be an incentive to burn petrol to run turbines and generate locally, then turn them off to capitalize on a high in the energy efficiency security market...

hef19898 6y ago
Same problem with supply chains. There is still the need for a trusted party at the beginning of every block chain with a physical component to assure physical and digital data are the same.

deepstack 6y ago

* only auditors/inspectors can do that * exactly. Everytime with this smart meter comes up, this is the crucial thing that just doesn't make sense. No replacement for "auditors/inspectors"!