Tag Archive for: trending

Former WSJ White House Correspondent and Senior Director at Circle, Jared Favole, interviewed during VIA live stream

VIA had the pleasure of hosting Jared Favole, Senior Director, Communications and Policy at Circle and former White House Correspondent for the Wall Street Journal at VIA’s headquarters in Somerville two weeks ago. Jared joined us for our first-ever live streamed event. VIAneers in Somerville, Montreal, and viewers from around the globe tuned in to hear VIA’s CEO, Colin Gounden, interview Jared Favole to discuss all things blockchain and domestic and foreign policy.

Circle is a global financial technology firm and the issuer of USDC and Euro Coin – highly liquid, interoperable, and trusted money protocols on the internet.

One of our favorite quotes from Jared during the event ties to the benefits of digital currencies over cash:

“The traditional way to deliver aid, particularly in the middle of a war zone or strife, sometimes amounts to literally flying a plane and dropping a palette of cash … if you tried to create an innovation called “cash” today, it would not get approved.”

Jared also shared his experience while being a White House Correspondent, his thoughts on how to make blockchain work in the future, and answered a number of excellent questions submitted from audience members on social media, the live chat, and in person. The full recording of the 45-minute discussion is available below:

As a follow up, blockchain, Web3, and particularly zero-knowledge proof enthusiasts will be excited to hear that we are launching “Fast and Curious,” a summer learning series of short videos where our CEO Colin Gounden gives an overview of specific topics in the Web3 space.

The first blog in this series will also be on blockchain and domestic and foreign policy. So, follow VIA’s website and social media (LinkedIn, Twitter, Instagram) to catch the latest!

Power Up! Winner: AI to improve developer experience

Frequent readers of VIA’s blog will know that twice a year we invest several days into “Power Ups!” These are days where 100% of VIAneers to stop bumping their heads on their day-to-day tasks and think about ways we can improve the way we work.

This year, we focused on artificial intelligence (AI). VIAneers self-selected into 13 teams and came up with ideas to leverage AI. Ideas included everything from ethical guidelines for AI, and how to generate more blog content, to how to use AI to support Kubernetes deployments.

This Power Up! we upped the stakes and had the teams compete for a $1,000 USD prize to be spent on anything that they would like. We were privileged to have Major General Kim Crider (ret) former Chief Technology Innovation Officer of the United States Space Force, Tom Davenport, author of more than 11 books on analytics and AI, and Tom Werner, former CEO and Chairman of SunPower join VIA’s COO, Kate Ravanis as our panel of judges to select the winner.

Winners were judged based on four criteria: VIA Value, Technical Readiness, Risk Consideration, Presentation Skills.

All of our VIAneers did an incredible job of not just finding great ways to leverage AI but also implementing them in the 2.5 day Power Up! time limit. 

But, there could only be one winner. 

The team that won was the TL;DR team. As readers know, we love a good pull request (feedback on developer code changes). While we have a whole language system about how to provide feedback on pull requests, TL;DR team figured out how AI could be used to help write a summary of the pull requests to aid reviewers.

“We found that all the teams had done an exceptional job generating ideas and taking a first pass at articulating the benefits and the implementation plans for their AI initiatives. What the judges thought made TL;DR stand apart was that the team had actually implemented their solution and reviewed internal data to quantify a savings of more than $250,000 per year with no additional costs. The fact that they had also thought through how to make the AI generated summaries reflect VIA’s culture and values was a special bonus from my perspective.” said Kate Ravanis, VIA’s COO.

As the video below shows, the TL;DR team’s AI generates summaries of pull requests to speed up the code review process.

Here are a few examples of how the TL;DR team’s project excelled against the evaluation criteria in just a few short days:

  1. VIA Value – The team requested internal data and was able to quantify the expected value (over $250,000 per year) and provided a spreadsheet to show their work.
  2. Technical Readiness – The code was working and demonstrated on a current VIA repo using VIA’s existing infrastructure. Bonus points that the AI model was directed to generate text that reflected VIA values and even use emojis.
  3. Risk Consideration – The team evaluated external solutions but ultimately implemented an in-house solution to protect VIA’s intellectual property. A thoughtful addition is to add a warning to each response that it is generated by AI and may not be 100% accurate.
  4. Presentation Skills – Every team had a 5 minute limit and TL;DR did a great job of summarizing their solution clearly and concisely.

Less than two weeks later, this solution is already live and in use today with VIA developers. 

Consistent with our long-standing commitment to improving developer communities everywhere, after further testing at VIA we will open source this project and make it available on GitHub.

Introducing VIA GPT: Supporting customers using AI

In October 2022, VIA began testing generative AI (GAI) and large language models (LLM) to support our internal development work. In January 2023, we released our first documentation to customers using GAI. The idea was that if we used GAI to create and provide first line technical support to customers, we could provide high leverage to our more seasoned technical VIAneers – with the caveat that everything was vetted by a person for accuracy and consistency.

Of course a lot has happened in the GAI and LLM world since January. Model variety, use cases, and performance are increasing exponentially.

Today, we’re pleased to launch VIA GPT as a way for our customers to get first line technical support on our core components (initially VIAsecurechain, and Fingerprinting).

With VIA GPT, customers can ask natural language queries to receive:

  • Documentation about our components

  • Code examples to deploy and integrate products

  • Multi-lingual support

  • 24/7 support

In addition, the use of a VIA-specific interface reduces the risk of GPT “hallucinations” from queries and creates a user-tailored and / or enterprise memory that is accessible across query sessions.

Given our standard deployment environments (Kubernetes, Helm charts) and also standard APIs (RESTful and Kafka with Swagger docs) most customers that have large IT teams can integrate and install VIA’s platform in just a few hours. We hope that VIA GPT support will reduce that time even further and bring our platform to enterprises with smaller IT teams.

Of course, our friendly and experienced VIAneers are always available to support customers directly as well. We look forward to continuously enhancing our offerings and giving our customers the VIA Good experience they have come to expect.

If you are interested in learning more about VIA GPT, contact us!

Tracxn selects VIA for third time on top emerging companies list

For the third time in three years, Tracxn, a research company well known for “tracking innovative companies and emerging technologies” has recognized VIA as a top emerging company. This year and for the second time, VIA is honored to be featured in the “Emerging Startups of Renewable Energy Tech” list. Coined a “Minicorn,” VIA was selected out of more than 2.7K+ startups in the renewable energy tech space.

Certificate of Appreciation presented by Tracxn

If you would like to learn more about the ways VIA is supporting renewable energy and how we can help your company achieve goals in this area, contact us!

Harvard Belfer Center features VIA in recent report on insights from Blockchain for Impact Workshop

In late April, VIA’s CEO, Colin Gounden was invited to present on a panel during a workshop at Harvard’s Belfer Center for Arts and International Affairs. The workshop, “Blockchain for Impact Workshop: Perspectives on International Development, Public Goods, and Regenerative Economy” brought together over thirty participants who are considered experts in Web3 to discuss the impact this technology is having today and what it will look like in the future.

After the event, the organizers put together a comprehensive report on all of the findings from the workshop. Colin’s panel, “Collaborative Futures” is included in the six page report, where he spoke alongside Cara LaPointe of the Johns Hopkins Institute for Assured Autonomy, Ramesh Raskar, Associate Professor of Media Arts and Sciences at MIT, and Jared A. Favole, Senior Director of Policy & Communications at Circle (pictured below).

Picture courtesy of Blockchain for Impact Workshop

The panel stressed the need for collaboration across stakeholders to maximize the benefits of blockchain. Colin talked about the importance of preserving privacy while collaborating and how Zero Knowledge Proofs (ZKPs) play a role:

By utilizing ZKPs, VIA strives to address the challenge of preserving the privacy of sensitive data, which often hinders data owners from sharing information freely. The implementation of ZKPs helps facilitate secure and transparent collaboration among stakeholders, furthering the mission of creating positive social and environmental impact.

Coming out of the event, is another! Colin has invited fellow panelist, Jared Favole, to VIA’s Somerville office for a talk on the intersection of blockchain and domestic and foreign policy. The chat will be live streamed on June 27, 2023 from 2:30 – 3:15pm ET. To RSVP for the event, visit the LinkedIn event listing.

If you would like to speak directly with a member of our team about the ways we can help your organization collaborate using Web3, contact us!

Blockchain for Europe and IOTA Foundation feature VIA’s Web3 solutions in recent report

Blockchain for Europe, a members-only organization that serves “companies driving innovation, integrity, and empowerment through blockchain,” partnered with IOTA Foundation, a non-profit that develops next generation protocols, to write a comprehensive report on the ways blockchain is supporting global sustainability efforts.

The report titled, “An Overview of Blockchain for Climate Action and Sustainability,” includes VIA’s Web3 solutions in a section that covers global climate change initiatives. The authors discuss Skylight and a more recent initiative for EVs:

VIA’s Web3 platform will then also allow verification of the fuel mix of the charge and discharge of EV batteries, incorporating VIA’s zero-knowledge proof (ZKP) to maintain the privacy of sensitive data that currently creates friction for the data owner in the decision to share this information.

For the full report and details written about VIA’s Skylight and ZKPs application for EVs, visit the Blockchain for Europe website. If you would like to speak directly with a member of our team about the ways we can help your organization using Web3, contact us!

Top Burning Questions Q5: Where would I use a “Credentials Wallet?”

A wallet is a means for users to confirm their blockchain transactions. A common question from our customers is: “what‘s an example of a wallet in an enterprise context?”

To illustrate this, here’s an example of how a wallet might be used by an equipment manufacturer that is selling to other enterprises (i.e., B2B).

The equipment manufacturer provides an uptime guarantee to its customers. If the equipment is offline, the event can be automatically recorded in a blockchain for both the customer and the manufacturer to see.

The more important question for the manufacturer and its customers is: why was the equipment offline? Was the equipment offline for a valid reason, such as regularly scheduled maintenance? Or, was it offline due to a fault (and therefore there may be contractual penalties)? Or, were there external factors, like a flood, that will trigger insurance coverage?

In this example, the customer and the manufacturer submit their explanation and evidence (e.g., photos of the flooded equipment). Fingerprints of the documentation are logged on the blockchain. The actual data is stored off chain.

Recording the explanation and evidence in an immutable and auditable format creates trust. This trust speeds up processes like vendor performance review meetings, contract renewals, insurance claims, and regulator investigations.

So, what about the wallet?

Well, in a fully automated system there’s no need for one. That is, if the equipment being offline automatically triggered an alert, storing that alert information on the blockchain could be completely automated without the need for a wallet.

In our example, the “why” piece is a manual diagnostic. This information requires some authorization and authentication to make sure the person submitting it is who they claim to be, and has the permission to submit the documents.

One way to verify that the documents were submitted by authorized parties is to have each submitter digitally sign the transaction at submission. With multiple submitters (e.g., a manufacturer and customers), each party would have to integrate the submission system with their respective digital signature system.

With the VIA Credentials Wallet, all parties receive a simple mechanism to sign blockchain transactions without each participant having to integrate a new system. Each party also maintains their own enterprise user management systems (e.g., role-based access control (RBAC) models, identity access models (IAM), single sign-on (SSO), active directory service, etc.). This approach is particularly valuable at enterprises that have their employees hold their own private keys, such as through Yubikey (like Amazon, Apple, Google, Microsoft …) or an access card to login to their computers.

One of the key benefits to this approach is that the same Credentials Wallet can be used across multiple applications (e.g., systems from different manufacturers). In addition, RBAC integration with the wallet and VIA’s blockchain enables each organization to have their own rules to verify a transaction. Enterprises could decide to have multiple signatures to confirm a transaction, or only signatures from a certain role as submitters of a confirmation.

There are other benefits as well to a VIA-specific wallet. Long-time VIA blog readers will know that cybersecurity is a running theme as a differentiator for VIA in our platform. Everyone deserves the best cybersecurity. Over and above this, companies have a legal obligation to make sure they are protecting their financial and data assets. VIA has made the investment to harden VIA’s Credentials Wallet to U.S. Department of Defense (DoD) cybersecurity standards.

Looking for more information or have a related query? Don’t hesitate to contact us at info@solvewithvia.com and submit your question.

Top Burning Questions Q4: Why does VIA have its own blockchain?

Q4: Why does VIA have its own blockchain?

There are as many as 1,000 blockchains in the world today. A very reasonable question to ask is why create another one?

While VIA does connect to public blockchains if financial transitions are required, our motivation stems from customer requirements to control permission and analysis of off-chain datasets.

Read more below on the key reasons that drove VIA to create VIAsecurechain.

Data – Many blockchains are focused on financial transactions and not on data. At VIA, we are using blockchain to enable the secure verification, integration, and analysis of data. More specifically, we’re focused on large, decentralized datasets that need to be kept private and confidential. We accomplish this by storing hashes of individual digital assets (e.g., datasets) and making them searchable through an off-chain database. This private data use case considerably narrowed the set of available blockchains.[1]

CostMany blockchains today require a token system for consensus and key functionality. While there are benefits to a token, gas fees can add up quickly. A voting-based consensus mechanism (like Tendermint) can provide security without the expense of a token. The customer requirement for low cost combined with a data-centric blockchain led VIA in 2018 to build upon BigchainDB and Tendermint as core components.

CybersecurityAll customers, like those in critical infrastructure such as energy and transportation care about cybersecurity standards. This is particularly true for VIA’s defense customers. This requirement was not something that we found anywhere else.The result is that VIA forked code from BigchainDB and Tendermint and invested to meet the U.S. TOP SECRET level cybersecurity standards (e.g., zero-trust architecture, hardened containers) for the blockchain, consensus mechanism, and the hash storage database (MongoDB). The combination of these three elements are the core of VIAsecurechain. The result is that VIAsecurechain is the U.S. Department of Defense’s first and only cybersecurity accredited blockchain.

Explore the other components of VIA’s Web3 platform here and read more about VIAsecurechain in our solution brief.

[1]  Of course, the combination of a data-centric blockchain with a public, financial transaction blockchain enables the best of both worlds: secure markets for private data. This concept was first proposed in our 2018 white paper and now a reality through our partnership with Polygon.

VIA announces 10th patent granted in January 2023

VIA, the leader in Web3 for secure verification, integration, and analysis of private data, is pleased to share that the United States Patent and Trademark Office has granted VIA its 10th patent. The patent portfolio covers a range of Web3 capabilities including cryptography, and secure, decentralized AI analysis orchestration.

GreenBiz highlights VIA CEO’s insights about electric vehicles

As we enter 2023, many of us in the energy space are eager to learn about the year’s outlook. If you are one of those people, you are in luck, because VIA’s CEO Colin Gounden was selected to share some valuable insights in a recent article by GreenBiz. This feature is a part of an extensive 2023 predictions piece in the transportation and mobility sector. The author of the article Vartan Badalian, GreenBiz Group Transportation Analyst, offers his thoughts on the race to net zero. Vartan highlights challenges, opportunities, and trends shared by world transportation leaders, such as Delta Air Lines, Lyft, Enel X Way, and many others. 

While more than 20 experts provide their views, Colin’s comments are the only ones related to Web3 and also bidirectional charging:

We expect a dramatic rise in vehicle-to-building and vehicle-to-grid charging. With extreme weather, aging infrastructure and record supply chain shortages, the new generation of bidirectional electric vehicles will be a highly attractive source of energy flexibility for grid operators. Web3 technologies like zero-knowledge proofs will help verify that the electrons returning to the grid are from renewable sources while maintaining the privacy and anonymity of EV owners.

To read the full article on the GreenBiz website, click here. Curious to learn more or continue the conversation? Feel free to reach out to Colin directly on LinkedIn or email our team at info@solvewithvia.com

VIA’s 2022 Highlights in 60 Seconds –
How the VIA values shaped our 2022

One clear theme for VIA emerged in 2022: W3. What do we mean by that? VIA CEO Colin Gounden explains in under 60 seconds.

 

Examples of Living Our VIA Values in 2022

The VIA values are expressed not just in our day-to-day interactions and culture, but also as a guide for decisions we make as a company. Here’s a look back at how we integrated our values into everything we did in 2022.

 

Love in = Love out

Our Love in = Love out value is all about taking pride in what you do. VIAneers got to express their pride in our mission captured in the video below.

Be each other’s biggest fan

For the first time in three (3!) years, we hosted our semi-annual Power Up in person at our Montreal office. This was our largest company onsite ever with nearly 20 new VIAneers hired this year. VIAneers got together to share ideas, lend support, and brainstorm.

As a company located across multiple countries, we know that getting ALL of our VIAneers in one space was not an easy feat. In true VIA fashion we’d like to share a shout out to our People & Operations team for organizing and coordinating a fabulous multi-day onsite!

Stay curious

As a company at the forefront of cutting-edge Web3 technologies, not only do we need to be curious about what others are building in the community, but we share our own learnings as well.

In 2022, VIA was featured in a record number of podcasts. One standout interview was with Nasdaq’s TradeTalks, where VIA CEO, Colin Gounden, explained the connections between Web3, blockchain, the U.S. DOD, and clean energy in 6 minutes.

Not only were we giving talks remotely – we did it in person too! Chainlink invited VIA to speak at 2022’s must-attend Web3 event, SmartCon 2022. Didn’t get to be there? Luckily for you we have a 90 second summary of Colin’s talk!

   

Learning never goes out of style

At VIA, we’re always learning. We began the year by being one of only ten companies out of more than 100 applicants selected to join Wharton University’s Stevens Center Cypher Accelerator program, where we learned from the biggest names in blockchain such as a16z and Pantera.

Then, we ended the year with another innovative accelerator program, when we were selected as one of only nine companies out of more than 200 applicants to learn from industry leaders at the AWS Sustainable Cities Accelerator for Infrastructure.

   

Ready, set, RESILIENCE!

In 2022, not only did we improve and upgrade our current technology infrastructure, we added brand new features to our Web3 platform. We wrote multiple blogs about zero-knowledge proofs, homomorphic encryption, and even shared some open source code.

Respect a challenge and challenge with respect

The energy sector faces tough challenges in war, weather, and waning infrastructure globally. This year VIA rose to that challenge with the launch of Skylight, our Web3 platform to support ultra-fine grained demand response. Read about how we leverage zero-knowledge proofs, NFTs, and more in our latest white paper.

And that’s a selection of our 2022 milestones! We couldn’t have done it without the contributions and continued support of customers, partners, and of course our very own VIAneers. 

In last year’s end of year reflection blog, we aimed to scale up in 2022 – all of which came true. After all, the best way to predict the future is to build it. In 2023, VIA is looking forward to announcing our contributions to communities big and small globally.

The year in Switzerland:
highlights of mission-driven initiatives in 2022

Avid VIA blog readers will be familiar with the many reasons for why we picked Switzerland as our European headquarters. In short, the country is a leader in clean energy, data privacy, and blockchain – three areas that strongly align with VIA’s mission to make communities cleaner, safer, and more equitable. 

The prestigious Tell Award we received in October of 2021 recognized VIA, along with Moderna, at a national level in Switzerland and set us up for an eventful year ahead. For all of you visual learners following VIA, here’s a look back at all things VIA that took place in Switzerland in 2022.

January 2022: Swiss media features VIA and HSLU in an article on securing smart meter data. Learn more here.

Swiss Ambassador to the United States, Markus Börlin, interviews VIA CEO Colin Gounden in New York. Learn more here.

EPRI puts VIA data privacy through its paces with an independent evaluation process. Learn more here.

July 2022: The VIA team hosts Swiss VIAneers Jeanine Pilloud and Martin Ramsler at VIA’s Boston headquarters.

August 2022: VIA Expansion Manager Ray Neubauer speaks at the SUEID conference in Bern. Learn more here.

September 2022: VIA participates in the Energy Data Hackdays event in Brugg for the third consecutive year with a challenge developed by VIA’s Skylight team. Learn more here.

October 2022: Our Swiss site, solvewithvia.ch, is launched in three languages: English, French, and German.

Swiss podcast Insider’s Guide to Energy interviews VIA CEO Colin Gounden to talk blockchain and energy. Learn more here.

December 2022: VIA CEO Colin Gounden travels to Switzerland to meet with our Swiss counterparts and customers to talk Skylight. Pictured below – Innovation Process Technology in Zurich hosts Swiss VIAneers Raimund Philip Neubauer, Jeannine Pilloud, and Colin Gounden for dinner after a Web3 talk.

As 2023 approaches, we look forward to scaling the technology and partnerships in Switzerland. In the meantime, thank you to all our partners and VIAneers for your support in creating a solid foundation. We are sending our sincerest and warmest holiday wishes to all of our European communities.

Top Burning Questions Q3: What do cryptocurrencies have to do with data privacy?

Question: What do cryptocurrencies have to do with data privacy?

There is no shortage of news around cryptocurrencies today, especially given the collapse of FTX, the crypto exchange company, earlier this year. Now more than ever, a question that we are getting is how cryptocurrencies are relevant to our Web3 data privacy platform.

What astute readers know is that the “crypto” in “cryptocurrencies” is for cryptography. The tech stack in the blockchain ecosystem related to encryption, privacy, and security is evolving faster than the technology of any single company. This is the main reason that VIA is committed to leveraging crypto technologies in our data privacy solutions.

Zero-knowledge proofs (ZKPs) are a good example of this. Long-time VIA blog readers will be very familiar with ZKPs. While their mathematical origin goes back to 1982, the first widespread application came from verifying cryptocurrency transactions. Here’s a quick example:

Imagine a disagreement between Adam trying to buy one bitcoin from Eve. Eve says she sent it. Adam says he never received it. In a traditional banking transaction, Adam and Eve would know each other’s names, bank details, and there would be at least one bank that can verify what happened. In the case of a cryptocurrency like bitcoin, the whole point is anonymous (so Adam and Eve don’t know each other) and peer-to-peer (so there’s no independent middleman to verify) transactions. That’s where ZKPs come in. They are a software mechanism to verify a transaction of a digital asset while maintaining the anonymity of each party, and without the need for a middleman.

That neat trick of verifying a digital transaction between two direct parties and maintaining the privacy of each one is hugely valuable in more than just bitcoin. In VIA’s case we made a choice to leverage ZKPs in energy and data transactions rather than try and invent a new technology. ZKPs are just one of the many digital asset privacy and protection mechanisms we use at VIA from the crypto world. 

Of course, don’t just take our word for it. Large, established institutions are formally embracing Web3 technologies.

“The DoD believes that Web 3.0 Blockchain technology can be leveraged to build systems that focus on protecting the data independently of the systems that store, transport, and process it through decentralization.”

That’s a recent quote from the CIO of the U.S. Department of Defense. In the past few months we’ve seen a significant uptick in the number of large companies that are asking us more sophisticated questions about our blockchain and Web3 technologies to embed with their own Web3 teams and initiatives. We see a bright future in blockchain and Web3 for those interested in the best in data privacy technology. 

Top Burning Questions Q2: Why do we work with the DoD, and what does it mean to have a top secret cybersecurity accreditation?

Question: Why do we work with the U.S. Department of Defense, and what does it mean to have a top secret cybersecurity accreditation?

In short, our work with the U.S. Department of Defense (DoD) is in direct support of our mission. Long-time readers will be familiar with our core mission to make communities cleaner, safer, and more equitable.

Of course, the DoD provides humanitarian assistance ranging from providing food and shelter to individuals impacted by natural disasters to evacuating refugees from war-torn regions.

Air Force personnel load a supply of rice and soy-based meals for shipment to Guatemala. Photo by U.S. Air Force.

There is also a strong tie to energy, where we focus almost all of our commercial solutions. As a nation, the U.S. is the single largest consumer of energy on the planet. Moreover, a whopping 77%1 of the energy consumption of the entire U.S. Government is by the U.S. DoD. In our view, if we aim to accelerate clean energy, then working with entities like the U.S. Air Force to adopt electric vehicles and move to renewables is a must.

In addition, working with DoD installations on the topic of electrification helps us learn about how we can support civilian communities. A military base is like a city, with tens of thousands of people, thousands of buildings, roads, and vehicles. How we make a base more efficient directly helps us make urban environments cleaner.

Last, but not least, there’s the cybersecurity element. The standards required for our Web3 platform to run at the DoD include things like zero-trust architecture, hardened containers, and continuous vulnerability checks. Everything we do at the DoD can be brought to our commercial customers who are equally concerned about cybersecurity attacks. In our view, there is no higher standard for cybersecurity, and therefore no better way to make our communities safer.

We’re just beginning our work at the DoD. We look forward to a long relationship to support the DoD’s mission and, at the same time, bring our knowledge to improve the lives of residents in local communities.

Are you a community transitioning to clean energy and electric vehicles? We’d love to hear from you regarding your journey and share your learning with others.

Top Burning Questions Q1: What’s the connection between the DoD and Web3?

With all the buzz around Web3 and our soon-to-be officially launched Skylight application, it’s no wonder customers and partners have asked some incredibly thoughtful questions. So, we’re sharing our answers in a multi-part series with the best readership out there: YOU! 

Let’s get right to it!


Question: You do a lot of work with the U.S. Department of Defense (DoD). That seems at odds with Web3’s decentralized and individual value. What’s the connection between the DoD and Web3?

That’s a fair question. It turns out that a lot of what is happening in the Web3 world is directly related to defense and vice versa. 

In short, both consumers and the DoD have increasing data privacy and anonymity concerns. The DoD accepting our technology is great validation for consumers. If you can make the technology work for consumers, you can make it easy to use and scalable for the DoD.

People forget that the “crypto” in “cryptocurrency” is short for cryptography. So instead of thinking of a peer-to-peer financial transaction (e.g., you and me trading bitcoin directly) think of data as the asset using many of the same technologies.

A blockchain can store the record of the transaction. Smart contracts control under what conditions data is exchanged or analyzed. Zero-knowledge proofs verify anonymously that the data is what people say it is.

So, any time you want to keep data private and compartmentalized but also verify that it’s real, Web3 technologies have a huge advantage here.

An example is: you have 30 countries in NATO all of whom, now more than ever, need to share information about a conflict right on their doorstep … but … they don’t have integrated systems and, frankly, don’t even want to share all information with each other.

If you can securely share insights across 30 million users anonymously with Web3 technologies, then 30 intelligence agencies is not an issue at all.

In summary, we’re leveraging Web3 technologies to help consumers and validating the security and privacy elements with our DoD customers.

Appreciate the summary, but need to know more? Check out our Skylight page or better yet, send us a note: info@solvewithvia.com.