Ultimate Trust

Expand the range of Use Cases for Blockchain to provide trust in Networks and decentralized Processes, Actors and Artefacts.
Identify any gaps in the chain of trust, and create or recommend appropriate remedial actions.
Feedback the results of successful actions to other Use Cases.

Benefits may include:

  • leveraging the Blockchain architecture, transactional exchanges and programming frameworks so that dApps built are compliant OOTB
  • active monitoring of the network health and recover from unexpected failures
  • facilitate the deployment of Blockchain in private cloud topologies using mainstream enterprise infrastructures, for wide adoption
  • generate and refine standards which guarantee platform interoperability
  • integrate with established enterprise platforms (databases etc.).

Example: To trust that goods and services are not counterfeit:

  • today’s validation is based on a complex network of brands, merchants and marketplaces which store information on Product authenticity
  • the reputation of commercial segments – e.g. luxury goods, pharmaceutical or electronics – is particularly at stake
  • trust in third party authorities introduces a logical friction between merchants and consumers
  • Blockchain decentralization and security could provide a generic model in which nodes store information to validate the authenticity of specific products throughout their life cycle, including Supply Chain integrity, environmental (disposal and carbon impact) credentials etc.

(With career hindsight, it would have been beneficial to know that a customer’s Business Operating Model would benefit if the Auditor role in certifying Production changes was explicit!).

I found some real, worthy Use Cases to illustrate different aspects and highlight the scaling potential:

  1. Carbon Neutrality (https://phantasma.io/nfts-go-green-with-phantasmas-carbon-neutrality/ )
  • Blockchain has a gap in the chain of trust if, for example, it is used to enable good behaviours and ensure authenticity, but the tech itself has a large carbon footprint.
  • there are worthy carbon neutral examples and initiatives out there, see the link. Carbon neutrality should be a prerequisite for the scaling up of any decentralization technology.
  1. Crypto for Trash ( https://www.bloomberg.com/news/articles/2021-03-18/even-garbage-is-using-blockchain-now )
  • today’s technology solutions can deter bad behaviour, but feel punitive if the activities that solve the Problem are not properly decentralized: “waste accumulates – people complain – waste is geotagged and logged on an app – cleanup does not always occur – trust is broken” :frowning:
  • Crypto for Trash motivates good behaviour by decentralizing the activities: “waste accumulates – people are incentivized to collect it – the mechanism for reward is explicit and trusted – supply chains form to deal with the waste appropriately – data gathered highlights any weaknesses – trust is reinforced” :slight_smile: .
  1. NFTs ( https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq )
  • NFTs are regarded as an “emerging art form”, but their key function is to provide traceable provenance of a digital record
  • trust is guaranteed in that record, in the intellectual property rights of the Token itself, but also to any physical obects attached to it
  • as the cryptocurrency market matures, the options and mechanisms for purchasing NFTs, adding value and reselling wil increase.
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Here’s another one… Hook to plate: how blockchain tech could turn the tide for sustainable fishing | Fishing | The Guardian

…And another one, directly associated with the potential for sponsorship and delivery “ownership” of the Indicators for UN Sustainable develop Goals Measuring the distance to the SDGs in regions and cities (oecd-local-sdgs.org).
See Ultimate Sustainability - Projects / Suggest a Project - SingularityNET for more details.

If there was a way to make trash bounties happen without people making the problem worse by trying to game the system, we could get a virtuous cycle going.

There would have to be collective accountability. E.g. less cheap loans for a group of homeless people in the program who got caught spreading trash so others in the group would collect it.

Another way to improve accountability would be to have unique QR codes for each Point of Sale, so if a lot of McDs trash is found somewhere then that place can get per-customer trash tracking. Most likely it’s 10% of the people causing 90% of the problems.

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