5 November 2020
In September, Everledger, the New Tech lead for the FISITA Battery Technology Cluster, received two awards, FinTech50 2020 and 100 FinTech Disrupters, and two certifications: the renewal of the Cyber Essentials certificate regarding cyber security and the Disability Confident Committed accreditation, for providing opportunities for those with disabilities.
At the most recent FISITA Technical Online Conference on Ways to Carbon Neutral Mobility held on 9th September 2020, Carrie George, Vice President, Head of Sustainability Solutions demonstrated how the use of blockchain enables the accurate quantification greenhouse gas emissions. Several questions were posed for which there was no time to answer on the day - here they are, along with her answers.
Question 1: What data storage and exchange standards exist for electrical vehicles?
It is probably best that we define ‘exchange standard’ and the scope that would encompass. We are building an exchange where recyclers and re-purposers can source used batteries from garages and scrap yards and vice versa.
There are requirements and developing requirements for permissioning data, interoperability, and the details of smart contracts. Certain sensitivities may exist for disclosing where information is stored and shared given cloud structures and locations. This would need to be disclosed to participants per their agreements with the DLT provider.
We would propose that FISITA coordinates establishing a core Data Governance Policy helping participants to understand and support data exchange and treatment across it’s Members and within managed blockchain networks. This is an important piece that ultimately will support Code of Practice and Standards for industry. Everledger would support this effort.
Question 2: When traceability with blockchain becomes a commercial solution in electric vehicles, will the blockchain be standardised; or will there be multiple choices that allow interoperability globally?
We continue to work with several data standards groups and regulatory bodies to not only comply but guide best practices for standardization and interoperability. As part of the WEF Blockchain Council they are aiming to (1) Map the standardization efforts underway; (2) Identify gaps and areas of overlaps; (3) Identify critical next steps for the ecosystem. We continue to work with them and others on these types of efforts that go into minutia of data taxonomy to the eventuality of smart contract data exchange and claims assurances.
Interoperability is still a work in progress across different industries and initiatives. There are numerous standards bodies looking to address this at the moment globally. W3c and DID (the key managed service fabric providers) are indeed trying to address this in future versions of their protocols and network architectures and bodies. See W3C and Distributed Identity Management (DID) are approaching the future of the internet and IOT with an objective to accommodate blockchain interoperability. Such advancements would go some way to supporting both network interoperability, though at the moment, the best solution set is collaboration across industry with a focus on a dedicated network where key pieces of EVB data are placed in a hash protecting commercially sensitive data.
If you are interested in learning more about the FISITA New Technology Clusters and the work they are doing, please click here; and if you would like to contribute to an upcoming FISITA publication on Sustainable Mobility for All, please click here.