Assets as Ownable Smart Contracts
Last updated
Last updated
In the context of EW-DOS, an Asset is a digital representation of a physical or virtual device on the . An Asset could represent, for example, a solar photovoltaic panel, a battery, an electric vehicle, or an IOT device.
Assets must have a in the Energy Web Chain's in order to participate in applications and marketplace activities. Once an Asset has a DID, it can take on roles within an organization or application. This is discussed further .
Assets and their chain of custody are managed by that are deployed on the Energy Web Chain.
When an Asset is first created, it is registered in the as an owned identity (the owner address being the Asset owner, discussed ).
The main purpose of the IdentityManager smart contract is to have a on-chain location which aggregates known assets. In other words, it provides a kind of "asset-registry" functionality. This can allow one for instance, to more easily answer questions such as "how many assets have been registered in total?".
While there are many OfferableIdentity smart contracts, there is intended to be fewer IdentityManager smart contracts as the IdentityManager's main purpose is the aggregation of OfferableIdentity information. For instance, an enterprise could have a single IdentityManager to all assets which are registered by their employees.
The Asset owner can offer ownership to another DID. The provides methods to verify, offer and transfer (these concepts are discussed in further detail ).
Every Asset must have an owner. Asset owners initiate the registration, transference and enrolment activity of their Assets. This requires them to make transactions on behalf of their Asset, so the owner must have an address on the Energy Web Chain that is connected to an . The owner of an Asset is recorded in the Asset's identity on-chain.
When a transfer is initialized, an 'offer' of transfer is made to the recipient DID.
If the Asset's owner is an authorized issuer of the desired role, the Asset owner can directly issue a role-based verifiable credential to their Asset.
If the Asset's owner is not an authorized issuer of the desired role, the owner can submit an enrolment request on behalf of their Asset to the issuer.
The goal of this collaboration was to:
The provides high-level methods to facilitate the chain of custody for an Asset.
Chain-of-custody events (, and ) for an Asset are emitted from the . SSI Hub listens for and persists the details of these events. All historical owners of an Asset and the dates of offer, transference and acceptance are accessible through SSI Hub's API.
Registering as Asset involves creating an OfferableIdentity smart contract for the Asset on the Energy Web Chain, and registering its identity in the . This is initiated by the Asset owner. Because each Energy Web Chain address is a valid DID under the did:ethr DID method, each asset inherently has a DID.
The owner of a registered Asset can transfer ownership to another address on the Energy Web Chain. (The new owner's address must have signing capabilities in order to associated with asset management).
The provides methods to facilitate Asset transferance. This contract makes calls to the so that the state of the Asset is updated at each phase of the transfer.
The state of the Asset identity is marked as 'offered' in the .
The DID that the Asset was offered to must accept the Offer before it is transferred to them. iam-client-library provides a method to accept the transfer. The Asset's owner is updated in the to reflect the new ownership.
The DID that the Asset was offered to has the option to reject the transfer. The Asset's 'offered' status in the is set to 'false'.
An Asset can take on . If their enrolment request is approved by the role issuer, the Asset is issued a role-based .
Read more about role-based credentials in the documentation
Read more about credentials in the IAM stack .
iam-client-library provides the high-level methods to request and issue enrolments. See the API documentation .
Switchboard provides an interface for users to register, transfer and enroll Assets. If you are logged into Switchboard, you can view the Asset management interface .
iam-client-library contains the high-level functions for managing (registering, fetching, transferring, etc.) assets and their corresponding data. You can view the service API documentation for Assets in the library .
Energy Web and the (DSO) jointly developed a decentralized energy asset management system leveraging the EW-DOS components and architecture .
Facilitate secure, encrypted communication between (i.e. solar panels, batteries, etc) and the grid
Enable to provide grid services (e.g. selling excess energy back to the grid)
Grid assets (e.g, smart meters, distribution automation devices), and were assigned DIDs. The DID is anchored on the asset's pre-existing SIM cards. Each asset exists as an identity in the on the Energy Web Chain. Cryptographically signed information (such as control signals and commands) from the DSO (Stedin) can then be sent to targeted assets. This allows for an awareness and exchange of grid services between the DSO and DERs.
You can read more about this use case in the official press release .