In a wide-ranging discussion, Heath Behncke, managing director of Holon, shared his insights on how developments in technology, energy efficiency and the role of blockchain is enabling more transparent and trustworthy data management.
Behncke began by highlighting the growing importance of energy efficiency across various technological applications, from Bitcoin mining to cloud computing.
“The whole theme these days is about the sheer volume of energy and space required for everything, whether it’s Bitcoin mining or running Google Cloud,” he explained. This emphasis on energy efficiency is driving Holon’s partnerships with commercial real estate providers, who can help monitor and optimise the energy footprint of their operations.
Heath Behncke, Managing Director at Holon
A key aspect of Holon’s approach is the concept of data custodianship. Behncke believes that as technology becomes more pervasive, the need for trusted intermediaries to manage and secure data is paramount. “The data custodian part of this is really interesting to me,” he said. “It provides a trusted way for people to engage with data and have certainty about its provenance and integrity.”
Potential of blockchain
This potential for blockchain to streamline processes like mortgage transfers and property sales is a key focus for Holon. Behncke highlighted how the technology can help address the limitations of traditional systems, where changes to contracts or property ownership often require navigating complex bureaucratic processes.
Beyond real estate, Behncke sees broader applications for blockchain in verifying claims and ensuring compliance, particularly in the realm of sustainability and environmental impact. He also cited Holon’s partnership with Artive, a company that uses digital wind technology to track the energy footprint of properties in real-time. “We bring that into our verifiable data systems which means a green mortgage provider, can now report with certainty that this is actually a green property.”
This emphasis on verifiable data and compliance solutions is crucial, Behncke also argued, as industries grapple with issues like greenwashing and the need for more transparent sustainability reporting. “We got to start having verifiable claims, particularly to avoid greenwashing. To show what is good, And what is not.”
Underpinning Holon’s approach is a belief in the power of partnerships to drive innovation and create tangible use cases for emerging technologies. Behncke also stressed the importance of working closely with commercial real estate providers, energy companies, and other industry players to develop solutions that address real-world challenges.
Holon’s vision for data custodianship, blockchain-enabled contract management, and verifiable sustainability claims offers a compelling roadmap for navigating the complexities of the modern technological ecosystem. By prioritising energy efficiency, trust, and transparency, Behncke and his team are also positioning Holon at the front of the quest to harness the full potential of digital transformation.
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