Electricity meter tampering costs European utilities billions annually. Traditional physical seals can be bypassed, and manual inspections are infrequent and resource-intensive. The result is a persistent gap between consumption and billing that utilities struggle to close.

NEWCO's Smart Shielding system approaches this differently. Our IoT smart seals attach to physical assets — meters, cabinets, junction points — and continuously monitor their physical state. Any tampering event triggers an immediate alert and creates an immutable log entry on the blockchain.

This means that when a dispute arises — over billing, over meter readings, over alleged tampering — there is an objective, cryptographically secured record of every physical interaction with the device. The seal's data cannot be altered retroactively. It becomes admissible evidence.

Beyond energy meters, Smart Shielding applies wherever physical integrity of assets matters: pharmaceutical cold chains, logistics seals, industrial machinery access points, and critical infrastructure components. The principle is universal: attach, monitor, trust.

We have deployed Smart Shielding pilots with energy distribution operators in Greece and are expanding to broader infrastructure use cases. The integration with existing SCADA and asset management systems is straightforward, and the ROI case — in reduced theft, faster dispute resolution, and lower audit costs — is compelling.