Identity and personal data will be crucial aspects for interacting in the decentralized web, also in the energy space.

At the innogy InnoHub we envision a decentralized and fully automated energy system, where not only people but also machines (renewable energy resources: solar plants, wind parks, IoT devices) will generate, aggregate and trade energy autonomously between each other to balance the grid. Flexibility, in terms of electricity and load balancing, will become a new asset in the energy system.

This means, among other things, that we need much more transparency regarding the new market participants; a shared registry of who is who in the system (e.g. …


Before you read this, a machine needs to confirm you’re a human

Look at the image below, what do you feel? Is it happiness, or maybe hunger? Does it make you want to play with the dog? Do you feel sorry for him because he can’t get a piece of the pie?

“black pug looking at pie” by Charles Deluvio 🇵🇭🇨🇦 on Unsplash

If the answer is yes to any of the listed possibilities then you’re probably a human. The key here? Feeling.

The emotions that images like this one trigger in your brain are considered to be a human-only capability. But perhaps not for long. As the writer and historian Yuval Noah Harari explains, humans are essentially a collection of biological algorithms shaped by millions of years of evolution. …


A building block of the machine economy

– Berlin, August 2018

Photo by Ben Sweet on Unsplash

Today we are pleased to announce that we have, together with Coparion, invested in Fractal, a blockchain technology company based in Berlin. Fractal is behind the successful token launch of the Ocean Protocol, which raised over $20M in early 2018 and has a very exciting pipeline for the future.

Fractal builds identity and payment solutions for the decentralized web that are user-centric and compliant. It supports open source blockchain projects to fund the future ecosystem using an initial token launch. …


A comprehensive guide to the security token ecosystem

With the advancement of technology, the economics of ownership and value are being re-designed.

At the innogy Innovation Hub we believe in a future that is decentralized and enabled by machine-to-machine transactions. Therefore, we support startups which will enable this vision in the future, like Neufund, who is developing a platform to democratize equity fundraising on the Ethereum Blockchain via the tokenization of equity.

Alex Molé from Neufund’s team has created a new series analyzing the emerging security token ecosystem and its competitive landscape, and we think you should know about it!

Here’s a sneak peek into the Token Up


Expert interview with Jolocom

We started our deep dive series by exploring digital identity solutions that don’t rely on third parties, but instead are user-managed and trustless by design (a.k.a. self-sovereign identities), and proposed blockchain technology as the solution.

For this new chapter in the series, we have invited Joachim Lohkamp and Kai from Jolocom to tell us more about their approach to a self-sovereign identity for humans and how Jolocom is providing it.

So, let’s get things rolling…

iH: Can you give us a brief pitch? What is Jolocom doing?

J: Jolocom enables a fully self-sovereign digital identity that bridges the gap between centralized services and the emerging decentralized applications enabled by blockchain technology. As an open source identity layer for the internet, Jolocom empowers individuals and organizations with tools to create and manage digital identity and become independent from identity providers. With sophisticated key management, verification, and single sign-on functionalities Jolocom can readily replace existing centralized identity solutions with a decentralized and open source tool. A Jolocom identity is claim-based, meaning you can model complex structures associated with an identity in the form of claims (e.g. …


It’s all about trust

written and researched by Moritz Julian and Carolina Soto

With the advancement of technology and the increasing awareness of people around privacy and data ownership a new solution has come to the table.

The increasing digitization of everyday transactions has made Identity Management the access gateway to the world. As a consequence, there’s an ever-growing data pool containing users’ personal details, raising concerns around data privacy, identity theft, and data breaches.

In our previous Deep Dive Series articles (I and II) we briefly discussed how blockchain can be the underlying infrastructure for identity management and provide intrinsic trust to all parties involved. …


What on earth is identity management?

written and researched by Moritz Julian and Carolina Soto

Welcome to the third edition of our Machine Economy Deep Dive Series. In our previous articles (Part I and Part II), we focused on the importance of digital identities for interacting in an increasingly digital world, and explored self-sovereign identities drawing on their potential to improve the lives of millions of people in both developing and developed countries.

This new article is all about Identity Management. …


Will self-sovereign identities be the new normal?

written and researched by Franziska Heintel and Carolina Soto

In our previous article we set the ground by answering basic questions around identity. How do you identify someone or something? Why do we need identities? And, who issues them? We also explained how identities are evolving into being more trusted, more secure, more independent and interoperable, so to say, self-sovereign identities.

In this second article of the Machine Economy Deep Dive series on Digital Identity we will explore self-sovereign identities more in depth, introducing blockchain as one of the enabling decentralized technologies. …

About

Carolina Soto

Investor @Future Energy Ventures

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