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Keys....as a service
(gregtech.eu)
The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
I mean; digital access control isn't all that new. The entrances to my apartment building uses RFID tags, so tags(keys) can be added/removed easily without modifying the physical lock.
This is more or less the same thing, just expanded to use the RFID/near-field built into most mobile phones as well as physical cards/tags. I guess the 'service' part would be the addition of cloud services + apps to make remote monitoring/config/user management easier?
Not the kinda thing I like having in a third parties control, or dependant on internet...
From reading their website, I think you are spot on with your analysis.