What is “Proof of Installation” (PoI)?
Proof of Installation is a cryptographic “handshake” that binds an asset’s serial number and device manufacturing metadata to a derive a hardware based cryptographic “seed” that instantiates the device’s profile, to be then recorded on a blockchain.
Trust (via key management) is established at the very beginning of the asset’s life cycle, preventing fraud and market manipulation that may undermine investor’s confidence in trustless assets.
PoI can be used for any component of a project, such as PV panels, meters and and inverters and be aggregated to a single, cryptographically secure authenticity rating. This increases the difficulty for bad actors to fake or manipulate a single aspect of a project.