Open Source Monday: zk-SNARKs for Meter Data
For the fourth installment of our “Open Source Monday” blog series, we provide a demonstration of a mathematical proof called zk-SNARK (an emerging Web3 standard) for energy data.
Today’s Open Source Monday blog is the culmination of a number of previous Web3 open source releases and blog posts.
First, frequent blog readers will know that we’re long-time believers in the potential of Web3 and it’s ability to accelerate the adoption of clean energy. Our blogs below make that clear:
These blog posts are in line with VIA’s mission to make communities cleaner, safer, and more equitable.
Second, we’ve been committed to creating the best tech stack that (1) supports the transition to clean energy and, at the same time, (2) maintains data privacy:
- Zero-Knowledge Proofs Demo
- Homomorphic Encryption
- Trusted Analytics Chain™ (Blockchain Privacy White Paper)
Finally, it’s clear that the “time is now” for the clean energy transition.
So, now that you’re caught up on the importance of Web3 at VIA, let’s get to the good stuff.
Today, we’re demonstrating a zk-SNARK version of our proof for meter data. For those zk-SNARK fans out there, we’ve got a short video for you that shows step-by-step the contracts and code we have created to verify consumer electricity meter data and maintain strict data privacy.
With the integration of this proof, VIA’s Skylight application enables energy consumers to profit from interest in their data, while keeping their identities completely anonymous. We’re excited that Skylight is ready to support consumers and power providers globally. Stay tuned for more exciting commercial announcements in the next month on this topic. In the meantime, you can find more details in our Skylight white paper.