FAQ — LC² Consulting

The rules, roles, and standards that determine who can collect, use, share, and profit from data. Good governance makes data trustworthy and portable. Poor governance leaves valuable evidence unusable by the systems that need it.

The ability to prove a claim is true without simply trusting whoever made it. A verified claim carries evidence that an independent party can check. Verification is what turns a statement into an asset.

Representing a real world asset or claim as a digital unit that can be held, transferred, and settled on programmable rails. The point is not speculation. It is making ownership and settlement faster, fractional, and auditable.

The infrastructure on which value actually moves. Just as payment rails move money between banks, modern settlement rails can move tokenised assets, verified claims, and payment in a single programmable step.

Measurement, Reporting, and Verification. The discipline of quantifying an outcome, documenting it, and having it independently confirmed. MRV is the backbone of any credible environmental or development claim.

A cryptographic method for proving something is true without revealing the underlying information. For example, proving a supplier meets a standard without exposing their proprietary data. It enables trust without surveillance.

A policy principle that makes producers accountable for a product across its full lifecycle, including disposal and recovery. It shifts the cost of end of life management from the public back to whoever profited from the product.

The combination of data, standards, and institutions through which an organisation or society knows what it knows. A functioning knowledge system turns raw observation into decision grade evidence that can travel between parties who do not share context.

Because portability requires standardisation. Communities often generate rich, granular evidence, but in formats that national and international allocation systems cannot read. Without a governance layer that preserves granularity while making evidence legible upward, the data stays local while the decisions stay central.

A data quality problem means information exists but is messy. A data existence problem means the information was never captured at all. Much of the Global South faces the second problem in sustainability and supply chain reporting, which mandates alone cannot fix.

Three properties: it is structured against a recognised standard, it is verifiable by an independent party, and it is attributable to a accountable source. Evidence meeting these tests can support pricing, allocation, and enforcement decisions.

A signed statement by an identifiable party that something is true at a point in time. Attestations are the atomic unit of trust in modern verification systems. Chained together, they form auditable trails from origin to claim.

The principle that the people and jurisdictions who generate data retain meaningful control over how it is used and who benefits from it. Sovereignty does not mean isolation. It means participation in data markets on terms the originator can govern.

A mandate creates the obligation to report, not the ability to. Structured, verifiable data requires measurement culture, systems, and governance that take time to build. Organisations that treat the mandate as infrastructure investment rather than paperwork end up with capability that outlasts the deadline.