3FOOD

Third Industrial Revolution Consulting Group
2.2.1 Standards and protocols are important for ensuring a range of attributes, from
interoperability of system components and devices, to disassembly for circularity at end
of useful lifespans.
2.2.2 Countries have taken different approaches, whether like Germany’s lengthy procedure
engaging stakeholders to establish IoT standards and norms, or on the other hand, the
more open-ended approach found in the United States, where rapid development is
pursued with reliance on evolving de facto protocols.
2.2.3 The open source platform will enable an ecosystem to emerge and evolve, reflecting the
myriad of generic and specialized technical issues around which triple and quadruple
helix knowledge networks can form sub-working groups.
3 Regulatory
3.1 Establish a quadruple helix knowledge network for business to engage with government,
academia and key stakeholders for identifying needed changes in superseding regulatory
impediments with regulatory innovations.
3.1.1 Many public utility rules, planning methodologies, regulatory policies and financial
incentives are still designed to promote large-scale expansion of fossil and nuclear
power plants. Many of these were never designed for, and now become impediments
to accelerating the scale-up of demand-side, IoT-based energy and resource efficiency
improvements, onsite and distributed solar, wind and storage, or the bidirectional
interoperability of buildings, electric vehicles, and power grids.
3.1.2 To overcome the inertia shown to be the case among most public utility regulatory
agencies, a quadruple helix knowledge network can play a formative role in pushing for
essential changes.
3.2 Blockchain technology should be assessed and pragmatically integrated into Industry
operations for performing a variety of functions. As a distributed ledger tracking
transactions, protected by strong encryption and authentication, yet accessible for auditing
purposes, blockchain already is widely used by banking, financial and insurance firms. But
its application across the economy is now being experimented with and employed.
3.2.1 One potentially large function is using blockchain in tracking bidirectional energy
transactions, as with onsite and distributed solar, wind, and energy storage systems,
connected to smart-metering systems. It could serve as the underpinning of a
burgeoning prosumer energy service market.
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