VIA’s CEO Colin Gounden was hand selected to present at this year’s “must attend” Web3 event, SmartCon 2022, held in New York City, NY. Though most of our dedicated Mastery Monday blog readers may not have been in attendance, we’re bringing you a 90 second video of Colin’s talk in this summary blog.
Check out the video and transcript below!
Transcript of the summary video above:
War in the Ukraine, extreme weather in western Europe and throughout the United States, waning grid infrastructure are three of the Ws that are driving skyrocketing energy prices and causing food prices, transportation prices, and your home energy bill to soar.
At VIA, we’re using Web3 to help solve and address these issues.
Your energy data is a digital asset. It may not necessarily be as pretty or as fun to look at as your screensaver, but it’s probably much more valuable.
At VIA, we’re using Web3 in three specific ways.
One, we’re using NFTs to help give consumers clear and definitive ownership of their energy data.
Two, we’re using smart contracts to be able to compensate consumers for the insights from their data and for taking actions that contribute to mitigating climate change.
And three, we’re using zero-knowledge proofs to validate and verify that consumers took the actions they said they would, whether that’s turning down the thermostat or selling back their rooftop solar.