Vaulted Objects are able to securely store any kind of data, which can include data recorded by sensors within industrial processes.
Using specialised hardware devices that are bound to the Vaulted Objects Infrastructure, plus routine hardware audits, we can provide a high level of assurance that vaulted industrial data is accurate and unable to be counterfeited or tampered with.
Vaulted Objects created as a result of such processes are potentially valuable in that they can evidence that reduce or offset carbon emissions, and other sources of waste or environmental pollution.
Such Vaulted Objects could be traded on a marketplace.
A limitation of this arrangement would be the lack of divisibility of such a digital asset, which can only be possessed and owned by a single person at any one time. This limitation could be removed by binding secure digital tokens to this class of Vaulted Objects, such that the number of tokens derived from each Vaulted Object is proportional to the amount of activity evidenced within it. This creates a set of tradable and highly divisible digital assets that resist counterfeiting by virtue of the fact that they are bound to a secure underlying repository of evidence of the activity that they represent.
The entire Vaulted Objects Infrastructure has been designed and built specifically to survive the future advancement of quantum computing, by implementing what is called “Information-Theoretic Security” (ITS). Achieving ITS essentially means that the framework is secure against adversaries with access to unlimited computing power. Therefore, digital assets, such as carbon credits, on the Vaulted Objects Infrastructure are prepared for the future.