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From YouTube: EthATL
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A
A
Awesome,
hey
guys,
welcome
to
eBay
PL
kind
of
Thomas,
really
appreciate
everyone
coming
the
purpose.
The
purpose
for
this
event
really
is
to
introduce
you
to
the
baseline
protocol.
If
you
haven't,
if
you
don't
already
know
it,
and
to
really
dig
in
on
on
why
the
public
blockchain
is
becoming
increasingly
relevant
to
enterprise-
and
we
got
a
really
cool
group
of
folks
here
today
to
talk
through
sort
of
a
baseline
is
and
why
the
tooling
is
is
incredible
and
the
vision
is
incredible.
A
Yeah
thanks
for
thanks
for
coming,
I
want
to
I
want
to
introduce
John,
Wolfert
I've,
never
seen
an
open-source
project
at
this
level.
You
know
of
detail
and
I've
never
seen
an
open-source
project
get
so
much
traction
and
I
think
that's.
You
know
very
much
very
much
a
result
of
John's
efforts,
and
you
know
it
because
of
him.
Now
we've
got
this
entire
community,
that's
sort
of
rallying
around
it,
and
it's
quite
impressive.
C
Well,
thanks
Kyle,
and
thanks
for
the
kind
words
I
mean
I,
think
it's
been
a
great
team
effort,
obviously
with
what
three
company
is
Microsoft
and
consensus,
and
and
and
of
course,
versus
and
young
working
for
about
eight
months,
kickin
some
cans
over
and
figuring
out
some.
If
there
was
a
generalized
pattern
that
we
could
get
to
you
did
that
starting
almost
exactly
a
year
ago,
and
then
fourteen
companies
show
up
and
got
excited,
and
now
what
we
have
500
more
seems
like
it's
more
every
day
and
I.
C
Think
that
there's
going
to
be
this
big
explosion
of
major
company
participation
coming
I
can't
say
when
exactly
because
they
these
always
take
longer
than
you
expect.
But
a
lot
of
these
companies
are
going
sort
of
by-the-book.
You
know
going
through
their
open
source
software
committees
and
going
up
to
the
CEOs
and
others
to
say.
C
Hey
are
we
allowed
to
be
involved
in
this
stuff
and
these
things
take
time,
but
the
just
the
sheer
number
of
companies
that
have
contacted
us
and
said
that
they
are
doing
that
suggests
that
there's
going
to
be
quite
a
wave
of
participation,
or
at
least
actually
exploitation
is
a
sort
of
a
negative
sounding
word.
But
but
utility
are
using
using
the
the
pattern
in
in
their
products,
so
we're
hoping
for
a
lot
of
just
like
we
saw
in
the
Java
community
back
in
the
90s.
C
C
C
Sure
so
the
notion
of
the
enterprise
maintenance
is
simply
that
you
know
for
what
five
years
we've
been
talking
about:
enterprise
blockchain
and
that
typically
meant
enterprise,
private
permissioned,
implementations
of
one
kind
of
blockchain
or
another,
and
now
you
know
five
years
later,
we're
seeing
that
if
you
change
your
perspective
on
what
we
thought
the
blockchain
was
for
in
and
turned
it
from.
This
is
a
place
where
I
want
to
put
data
and
make
a
a
single
point
of
truth.
That
is
an
important,
interesting
phrase.
C
C
That
says
what
we
all
agree
on,
that
this
is
where
the
package
is,
or
this
is
what
the
joke
didn't
value
is
or
this
is
who
has
the
token,
and
so
a
single
point
of
truth
is
sort
of
the
mentality
that
we
had
in
2015
going
into
this
whole
blockchain
thing
to
say.
Yet,
let's
have
a
new
single
point
of
truth.
What
we
didn't
really
think
about
at
least
I
didn't.
Is
that
meant
that
you
have
a
new
threat
surface?
C
You
have
a
new
place,
you're
gonna
put
data
you're,
not
gonna,
leave
it
in
your
s,
AP
system,
you're,
gonna,
you're
gonna,
or
your
Oracle
system,
or
your
dynamic
system
or
your
database.
You're
gonna
now
have
this
new
thing:
that's
going
to
be
shared
and
a
bunch
of
different
companies
with
different
ways
of
handling
security.
You're
all
gonna
have
a
node.
That
means
in
means
the
compartmentalization
becomes
problematic.
C
So
you
start
to
run
into
all
these
interesting
problems
with
trying
to
apply
the
blockchain
pattern
to
private
compartmentalized,
secret
or
poor
sensitive
data,
because
Stephanie-
and
you
run
into
that
when
you
think
of
things
as
a
database
or
as
a
state
machine
or
as
a
a
thing
to
put
stuff
on
the
crud
layer,
accrue
layer
right
and
that's
you
know
that
five
years
of
that
you
start
to
go
well,
maybe
that's
not
the
way
to
think
about
blockchain.
Maybe
we
should
think
about
blockchain
and
as
middleware,
let's
think
about
it.
C
As
a
thing
that
helps
us
maintain
consistency
between
those
traditional
systems
of
records,
those
databases,
those
those
SI,
peas
and
Oracle's
and
bongos-
and
that
that's
really
the
genesis
of
the
notion
of
enterprise
main
that
is
hey.
We
need
an
always-on
tamper-resistant
state
machine
that
we
are
confident
can't
lock
you
out
of
valid
operations,
and
so
you
need
a
big
one.
You
need
one
that
you're
confident
is
not
going
to
get.
You
know
simple
attacked
or
what
have
you
and
you
want
one
that
has
fairly
wide
governance.
C
Etherium
main.
That
is
a
pretty
good
candidate
for
that
academically.
You
know
to
you
know
to
speak
truth.
It
may
not
be
the
final
one,
but
it's
the
one
that
at
least
I'm
a
partisan
of
that
one
and
it
seems
to
have
the
right
attributes
for
being
a
good
candidate
for
being
the
main
net.
But
ultimately
there
should
be
one
main
that
one
final
state
machine
that
is
the
last
silo
for
whatever
you
need
to
be
able
to
say
that
these
different
systems
have
consistency.
C
Just
like
we
have
one
internet
doesn't
I
should
say
very
quickly.
That
doesn't
mean
you
can't
have
lots
of
block
chains
and
lots
of
public
block
chains
and
lots
of
private
blockchains
with
different
performance
and
privacy
attributes,
etc,
etc.
But
at
the
end
of
the
day,
you
kind
of
want
to
have
one
binding
agent
for
all
those
different
things,
at
least
where
you
need
that
you're
gonna
want
one.
C
If
you,
if
you're
happy
to
stay
balkanized,
then
stay
balkanize,
that
you
don't
need
that.
But
if
you,
if
you
want
to
have
convergence
of
consistency
and
be
able
to
create
a
consistency
or
enforce
consistency
across
different
state
machines
quickly
and
easily,
without
setting
up
new
equipment
and
negotiating
that
and
have
no
expending
capital
expense
to
do
it,
etcetera,
etcetera,
generating
a
new
silo.
For
that
consistency
between,
say
you
and
another
partner,
or
a
small
group,
then
yeah
having
a
public
blockchain
step
up,
and
this
is
the
Maiden.
That
is
a
good
thing.
A
Yeah
I
think
the
the
if
you're
in
community
you
know
is
another
another
like
tick
in
the
box,
for
aetherium
is
the
community
itself.
You
know
it's.
It's
such
a
vibrant,
inclusive,
just
amazing,
community
I
think
there's
a
lot.
You
know
there's
still
some
problems
to
solve,
but
you
know
we'll
have
a
lot
of
confidence
in
the
folks
that
are
that
are
in
the
community.
You
know
working
on
these
heart
problems,
whether
it
be
the
zero
dollars
produce.
C
C
How
are
you
going
to
overcome
the
one
attribute
you're
missing,
which
is
2015
2015
was
a
moment
and
sometimes
being
at
present
at
that
moment
matters.
So
as
long
as
the
etherium
community,
if
I
can,
for
a
minute,
be
a
little
partisan,
say
and
throw
my
hat
in
for
for
the
etherium
Blanc
chain
and
say
that
it
keeps
evolving
and
as
long
as
it
stays
innovative
as
long
as
it
keeps
on
absorbing
good
ideas
from
other
projects,
then
it's
going
to.
Then
it
has
a
pretty
good
chance
of
games.
C
I
made
an
expressive
state
machine,
that's
used
kind
of
yeah
is
the
defiant.
The
Internet's
middleware
I,
don't
know
that
anything
really
turns
into
do
the
world
computer
I,
don't
think,
there's
ever
going
to
be.
You
know,
even
after
quantum
computing
computing
becomes
normal,
there's
not
going
to
be
a
singleton
that
can
handle
all
the
reads
and
writes
if
everybody's
backhand
all
the
time,
that's
never
gonna
happen,
never
never
say
never,
but
never
write.
It
was
never
gonna,
be
that
it
never
should
be
thought
of
that
even
with
layer.
C
Two,
you
just
the
level
of
coordination
required
to
be
the
direct
back
plain
of
an
application
where
you're
doing
reason
right.
So
you
know
twitch,
gaming
and
and
banking
and
know
nothing
not
gonna
happen,
but
it
could
be
the
the
world's
computer,
that
is,
it's
everybody's
single
state
machine
for
maintaining
consistency,
and
it
might
be
scalable
for
that.
C
A
C
A
C
In
terms
of
Gasquet
I
mean
a
lot
of
companies
on
the
enterprise
side
will
not
for
some
years,
I,
I
kind
of
put
it
in
a
lot
of
years
are
not
going
to
be
holding
crypto
in
order
to
pay
for
this
middle
or
layers
transactions.
Further
I
wouldn't
call
it
transactions,
I
would
just
say
the
dance
that
they
okay
I've
got
a
deposit
of
a
hash
on
the
main
that
I've
got
to
move
a
hash.
I've
got
to
do
some
things
right,
they're,
pretty
low
level
stuff
right,
mainly
we're
thinking
about
the
main
net.
C
From
this
perspective,
as
ordering
and
hash
management,
those
are
the
two
things
it
does
right.
You
you
order
events,
and
you
can
say
yep.
This
thing
happens
before
that
thing.
This
thing
needs
to
happen
before
that
thing,
or
these
two
things
can't
happen.
You
know
from
the
same
state
right.
This
thing
has
to
update
the
state
and
then
does
that
next
thing
will
update
the
state,
but
they
won't.
Both
of
you
know,
go
from
the
same
thing.
C
C
So
the
notion
of
being
able
to
use
gas
as
sort
of
a
an
operating
expense,
metered
fee
service
for
doing
these
low-level
operations
without
having
to
set
up
your
own
infrastructure
or
some
infrastructure
on
the
cloud
for
your
new
partner
in
shape
for
your
new
consortium,
that's
pretty
cool,
but
if
you
have
to
hold
crypto
to
do
it,
that's
gonna
be
a
no
non-starter
for
a
lot
of
companies.
So
we're
a
number
of
people
are
working
on
gas
services.
C
Where
you
can,
you
know
you're
just
going
to
pay
them
in
dollars
or
fiat,
and
they
will
pay.
They
will
handle
the
gas
for
you,
but
do
it
in
such
a
way
that
they
don't
become
a
new
all-powerful
all-knowing
point
of
control.
That
knows
what
all
of
your
transactions
are
they're,
just
paying
your
gas
and
if
we
do
it
at
in
the
right
way,
they
don't
really
know
anything
much
about
you
or
your
activities
while
they
do
that
gas
pain.
C
C
C
It
used
in
the
weight
of
we're
using
the
the
main
that
the
met,
the
maintenance
seems
more
like
a
bus,
I
wouldn't
say
a
message:
bus.
It's
not
really
an
ESB
and
enterprise
service
bus
there's
some
some
similar
attributes,
but
it
is
a
bus
in
that
you're
holding
keys
and
you
could
help
key
value
pairs
right.
C
So
you
could
drop
a
value
onto
a
topic
and
and
then
use
that
you
know
so
say
your
shipper
has
a
delivery
date
and
you
don't
want
the
shipper
to
know
who
you
are
so
the
or
to
be
able
to
figure
out
all
of
your
business
relationships
and
how
much
problem
you're
doing
and
who
your
goes
buying
from
you.
But
you
need
the
delivery
date
to
calculate
your
invoice.
You
need
to
be
able
to
drop
that
that
invoice
onto
a
bus
onto
a
bulletin
board
too,
so
that
you
can
pick
it
up
without
them.
C
Seeing
you
pick
it
up
right
and
it's
classic.
It's
a
plastic
loose
coupling
distributed
systems
model,
and
from
that
perspective
we
we
said:
well,
it's
it's
kind
of
a
bus,
but
it's
a
magic
bus,
because
it's
a
really
good.
A
tamper
resistance-
and
it's
really
good
some
other
interesting
things.
It
gives
you
magic
powers
with
your
bus
but
yeah
and
then,
of
course,
I
just
wanted
to
call
it
the
magic
bus
so
that
we
could
play
the
who
saw
too
much
magic
bus.
A
C
Know
I
think
that's
the
exciting.
The
exciting
thing
there
is
is
yeah
being
able
to
be
one
with
the
the
teams
that
have
come
before
right
now,
when
I
was
young
person,
you
know
it
was
suicide
at
abases
world
fall
to
raid
train.
You
know
that
was
that
was
new
and
exciting,
and
you
know
Oracle
came
out
of
that
and
Sybase
and
all
these
other
like
Stonebraker
and
all
those
guys.
C
You
know
they
came
out
of
this
this
this
field
and
now
that's
become
converged,
and
you
know
everybody
knows
about
databases,
both
sequel
and
on
sequel,
relation,
our
relational
graph
databases
and
to
be
able
to
say
yeah,
the
more
the
more
baselining
is
going
on,
the
more
si
P,
the
Oracle,
the
more
dynamics,
the
more
you'll
soft.
You
know
what
are
the
more
booming,
the
better
right,
so
I
think
that
starts
to
align
everybody's
interests
because
you're
not
saying.
C
Oh,
let's
move
all
the
data
off
your
s,
AP
system
and
sunset
that
and
put
it
on
some
new
fret
surface
like
a
blockchain.
That's
not
what
we're
doing
right,
we're
just
saying:
hey
your
s,
AP
record
and
my
Oracle
record
are
verifiably
identical
and
how
we
got
there
and
how
we
will
go
from
there
is
that
we
will
maintain
continuity.
C
That's
it
now.
The
the
the
big
thing
about
baselining
is
that
we're
doing
that
in
such
a
way
that
even
the
these
little
bits
of
of
almost
noise
that
we're
putting
on
the
main
that
still
need
to
be
done
to
put
there
in
such
a
way
that
you
couldn't
put
an
AI
on
the
main
net
and
look
at
the
ledger
and
look
at
the
events
and
figure
things
out
right.
Everything's
got
to
look
like
noise.
A
C
Well,
I
mean
a
hyper
ledger
is
a
great
project
and
you
know
you
were
saying
before
I
haven't
seen
such
adoption
of
a
open-source
project
I've
seen
a
couple
write.
Java
was
a
very
different
kind
of
open-source
project
was
very
much
controlled
by
Sun
Microsystems.
At
the
time
we
all
did
Linux
itself
the
Apache
stuff
and
then
Roger
is
a
really
good
example
of
ultimately
governed
open-source.
The
modern
way
of
doing
it
right
where
you
have
a
technical
steering
committee
that
is
voted
by
contributors
where
you
know
amount
of
money
contributed
to
the
sponsoring.
C
This
thing
gives
you
power
direct
power
over
what's
decided
to
get
merged,
you
know
it's
a
pretty
good
model,
I,
really
like
it,
and
that's
the
model
that
we
use
for
the
even
or
using
Oasis
as
the
Oasis
is
the
governing
organization,
and
we
love
Oasis
what
an
amazing
so
glad
we
found
them.
Oh
Asus
is
actually
20
years
older
than
the
olynyk's
foundation
and
the
Apache
foundation.
It's
behind
sgml
and
sam'l.
All
sorts
of
really
venerable
old
school
standards
and
it's
open
standards
and
open
source
hyper
ledger
is
very,
very
much
about
open
source.
C
So
it's
about
a
project
where
you're
building
a
platform
together
like
fabric
like
sawtooth
like
Aroha,
like
any
number
of
the
projects
that
are
in
there
and
I-
remember
brian
behlendorf
back
just
after
you
know,
I
was
involved
with
hyper
ledger
just
before
he
was
hired
and
then
he
got
involved
and
we
we
hung
out
a
bit
and
I
really
liked
him.
I
think
he's
brilliant
he's,
certainly
undeniably
one
of
the
most.
C
You
know
authentic
leaders
in
spades
because
of
his
background,
Apache
I
mean
he
knows
what
he's
talking
about,
and
he
said
you
know
what
I'm
gonna
make
this
we're.
Gonna
put
this
isn't
going
to
be
just
about
fabric.
This
is
gonna,
be
about
any
project
that
wants
to
be
under
an
Apache
2
license
on
blockchain
and
as
long
as
it
you
know
they
buy
by
certain
rules.
C
The
different
projects
are
now
starting
to
bake
together
and
see
connection
points.
And,
of
course,
we
now
have
an
etherium
project
in
hyper
ledger
basis.
Hyper
ledger,
Basu
isn't
is
the
etherion.
It
was
a
project
where
you
have
a
client
and
it
can
handle
both
private
and
public
blockchain
as
a
node.
C
C
C
Yeah
well
I
think
if
there
are
folks
out
there
that
are
I
mean
I
know
that
I
saw
the
list
of
people
that
were
signing
up
to
be
to
watch
the
show
today
and
if
there
are
any
folks
that
want
to
get
involved,
it
could
not
be
easier
to
get
involved
with
the
baseline
project,
and
all
it
requires
is
sort
of
what
folks,
like
kyle
done
it,
which
is
just
show
initiative.
If
you
just
get
in
and
start
doing
stuff,
you
know
spell
check
a
thing.
C
Help
on
somebody
else's
project
come
up
with
your
own
idea,
and
then
we
have.
We
have
ways
of
promoting
those
projects
and
getting
them
getting
getting.
What
is
becoming
just
a
giant
army
of
people
to
to
get
up
behind
them
and
help,
and
so
you
know
just
go
to
baseline
high.
The
protocol
down
org
get
on
the
slack
get
on
the
github
and
when
you're
ready,
you
know,
get
on
getting
the
SSE
or
the
TSC
meeting
join
our
office
hours
every
Wednesday
at
noon
and
start
doing
stuff.
A
A
There
is
all
the
messages
that
happen
off
chain
and
how
those
messages
need
to
be
secured
off
chain
and
that's
sort
of
where
I
saw
max
play
a
pivotal
role
in
the
protocol
and
so
Derek
went
to
turn
turn
the
floor
over
to
you
and
let
you
talk
about
Matt's
and
your
background,
and
thanks
for
being
here,
really
really
appreciate
it.
Yeah.
D
D
Now,
even
today,
the
state-of-the-art
in
technologies
to
communicate
between
different
components
of
distribute
systems
is
kind
of
like
the
1970s
landlines
right.
You
have
to
know
who
you're
talking
to
what
IP
or
load
balance
or
what
port
all
kinds
of
different
things,
and
so
Nats
was
taking
a
very
different
approach
to
becoming
kind
of
a
utility
for
secure
and
trusted
communications
where
everything
is
hyper
connected.
But
it's
secured
and
isolated
by
default.
But
the
ability
to
connect
is
not
a
large
massive
effort
right.
It's
simply
there
and
Kyle.
D
You
and
I
have
been
working
together
for
a
while
on
some
of
the
early
work
that
you've
been
doing
and
have
been
both
very
appreciative
of
the
next
technology,
but
also
pushing
back
and
and
and
working
with
us
to
make
the
product
even
better,
but
I
think
if
we
have
a
world
where
the
ability
to
securely
communicate
between
all
these
digital
system,
services
and
devices
is
kind
of
like
electricity
or
kind
of
like
the
global
cellular
network.
It's
just
there.
You
don't
really
even
know
about
it.
D
I
think
that's
incredibly
powerful
and
I
spent
about
seven
or
eight
years
running
a
company
that
was
trying
to
do
application
deployments
and
things
like
that,
but
in
a
secure
and
trusted
way,
and
so
what
the
baseline
protocol
and
what
some
of
the
work
that
everyone
is
doing
here
is
very
interesting
to
me
right
because
I
believe
at
the
end
of
the
day,
communications
without
trust
and
security
is
is
kind
of
meaningless.
It's
actually
it's
more
than
meanness.
It's
to
be
frank.
D
It
can
be
very
dangerous
right
where
I
think
we're
seeing
that
in
our
modern
world,
where,
if
I,
can't
really
trust
the
data
that
I'm
seeing
I
can't
really
respond
to
it
and
react.
So
for
those
who
don't
know
max
is
a
open
source
technology.
It's
about
10
years
old,
I,
originally
built
it
to
power,
Cloud
Foundry,
which
was
a
platform
as
a
service
offering
out
of
VMware
at
the
time
it's
back
at
VMware,
now,
I
think
great
from
going
to
pivotal
and
then
back.
D
It
combines
multiple
messaging
patterns,
so
it's
extremely
flexible.
It
doesn't
kind
of
paint
you
into
a
corner
and
the
two
abstractions
that
we
care
deeply
about
our
service
based
interactions.
That's
when
you
ask
a
question
and
you
get
a
response
and
then
streams
where
you're
just
publishing
data
or
events
that
are
coming
out
and
both
of
those
available
in
in
the
same
technology.
D
We
care
deeply
about
forward-looking
security,
and
so
the
system
never
has
private
keys
or
passwords,
and
that's
one
of
the
things
that
I
think
Kyle
was
attracted
to
as
well
as
the
fact
that
you
can
form
arbitrarily
large
and
complex
topologies
of
servers
that
can
span
the
whole
globe
to
think
of
those.
Like
you
know,
cell
towers,
you
don't
really
know
about
the
cell
towers,
but
they
kind
of
all
work
together
and
mesh
together
and
that's
can
be
built
in
and
constructed
in
the
same
fashion
and
so
yeah.
D
D
All
major
gos,
but
what's
interesting
about
it,
is,
is
that
you
can
easily
extend
it
and
run
your
own
servers
and
have
your
own
applications
communicating
at
extremely
high
throughput
low
latency
with
your
own
security
domain
but
transparently,
the
system
will
react
and
flow
messages
into
NGS
our
global
network
as
needed.
If
you're
trying
to
reach
services
that
are
somewhere
else,
let's
say
a
different
baseline
protocol
org,
you
know
that
we're
trying
to
interoperate
with
or
if
you're
simply
talking
to
people
that
are
local
to
you.
A
Yeah,
so
thanks
for
that
Derek,
you
know
the
more
I
think
about
it.
Yes,
the
more
intrigued
I
get
with
how
potentially
it
can
be
leveraged
for
increase
the
anonymity
in
terms
of
just
adding
adding
baseline
protocol
messages
to
to
that
fabric
and
maybe
getting
maybe
getting
some
anonymity,
because
the
scale
that
that's
the
best
playing
on,
because
currently
you
know
in
the
current
based
implementation
of
the
baseline
protocol,
we
have
a
registry
contract,
we're
storing,
basically
each
organization's
Matson
point
in
the
contract,
which
is
a
public
in
point.
A
D
I
think
you
raise
a
great
point.
That's
why
I
think
there's
such
good
alignment
with
what
we
care
about
philosophically
and
and
what
you
guys
are
pushing
you
know
leaking
metadata
is
one
of
the
worst
things
you
can
do
and
even
to
John's
point
where
he
was
talking
about.
You
know
if
someone's
looking
in
everything
should
look
like
noise,
we've
actually
had
those
discussions
ourselves
in
terms
of
instead
of
you,
know,
firing
a
message
off.
D
D
But
when
you
move
across
a
secure
account,
the
system
will
anonymize
for
every
single
message
at
millions
of
messages,
a
second
the
reply
subject
that
Kyle
seeds
and
so
two
to
John's
point
around
blockchain
and
and
the
importance
of
things
looking
like
noise
Nats
will
do
that.
You
know
and
setups
where
I'm
crossing
accounts
and
I'm
sending
a
request
into
Kyle's
private
account.
D
Kyle
has
authorized
me
to
do
that,
so
he
knows
I'm
allowed
to
do
it,
but
the
reply
subject,
which
is
the
only
thing
that
Nats
is
actually
controlling
the
the
payloads,
are
opaque
to
us.
We
don't
care
what
you're
sending
it
or
not
per
se
or
anonymized
right,
and
so
you
have
no
clue
what,
where
I?
Am
it's
always
random?
Now
that
being
said,
we
do
have
the
notion
to
say.
A
D
A
A
Sort
of
in
that,
in
on
to
the
next
part
of
this
narrative
right,
we've
talked
about
the
baseline
protocol,
its
inception
and
a
little
bit
about
open
source.
We've
talked
about
Nats
and
how
it's
a
mature,
very
mature
enterprise,
messaging,
open
source
project
that
can
achieve
massive
scale.
We
talked
about
how
we're
incorporating
that
into
the
baseline
protocol
and
now.
Thus,
the
phone
is
going
to
talk
a
bit
about
YouTube
right
and
how
basic
I
have
a
baseline.
Your
ERP
system,
probably
heavily
in
the
context
of
a
safety
Stefan
all.
E
Yes,
perfect,
so
yeah,
thanks
again
for
having
me
thanks
for
the
opportunity
to
present
here
at
Atlanta,
so
especially
thanks
to
you
Kyle
for
hosting
the
event
and
bringing
people
together.
This
is
what
open-source
also
is
about.
Yeah
short
remark
on
my
person:
I
am
CTO
of
unity
right.
We
are
a
German
blockchain
integration,
company
I'm.
Also
member
of
the
technical
steering
committee
within
baseline.
E
My
personal
background
is
more
on
the
techie
side,
so
I'm
a
master
of
computer
science,
I
love
hard
rock
music
and
soccer
and
I
speak
English
with
the
German
accent.
So
I
hope
you
don't
mind.
I
think
I'm.
The
only
non-native
speaker
today,
so
yeah
I
try
to
make
myself
audible
as
possible,
so
yeah
baselining
your
ERP,
quite
a
big
topic.
If
you
just
take
a
look
at
the
at
the
buzzwords,
so
perhaps
let's
take
a
look.
What
ERP
or
Enterprise
Resource
Planning
is
all
about.
E
If
you
look
up
just
one
of
the
basic
definitions
on
the
internet,
you
would
just
find
that
ERP
is
the
integrated
management
of
main
business
processes,
often
in
real
time
and
mediated
by
software
and
technology,
for
correct
short
description.
But
there
are
so
many
details
that
we
could
dive
into
that.
I
think
this
format
will
not
be
enough,
so
let's
just
extract
some
of
the
key
concepts
that
I
want
to
talk
about
today
in
regards
to
baseline.
E
So
we
talked
about
integration,
about
main
business
processes
and
the
mediating
software
part.
So
as
for
integration,
a
definition
could
be
that
integration
is
the
process
of
bringing
together
the
component
subsystems
into
one
system
or
a
bigger
picture.
The
process
of
linking
together
different
computing
systems
and
software
applications
physically
or
functionally
to
act
as
a
coordinated
whole.
E
So
I
think
integration
is
just
the
the
key
concepts
that
also
brings
all
the
benefits
of
the
baseline
protocol
to
life,
and
this
is
why
not
only
in
front
of
the
background
of
being
CTO
of
an
integration
company
and
it's
just
the
emphasis
of
this
of
this
presentation
will
be
on
on
integration
and
main
business
processes
supported
by
ERPs
can
cover
the
financial
accounting
part
Human,
Resources,
manufacturing
or
the
processing
supply
chain
management
CRM.
And
it's
important.
E
If
you,
if
you
think
about
very
big
enterprises,
then
you
will
have
integration
on
different
levels,
so
even
in
application
to
application
integration
within
one
big
enterprise
can
be
a
challenge
on
its
own,
and
if
we
then
extend
the
scope
to
b2b
integration
and
perhaps
even
across
borders
or
currency
borders,
it
gets
even
more
complicated
but
also
very
exciting,
subject
and
level
and
mediating.
Software
I
understand
this
in
the
scope
of
this
presentation,
as
as
middleware
or
as
object
translators
as
integration
engine.
E
So,
just
taking
a
look
at
blockchain
that
different
approaches
and
how
to
understand
blockchain
in
regards
to
business,
integration
or
blockchain
in
regards
to
enterprise
usage
in
general
and
I.
Think
everybody
in
this
space
can
tell
their
own
stories
on
that,
especially
in
2019,
when
a
lot
of
pictures
towards
enterprises
for
using
blockchain
were
covered
by
concerns
on
blockchain
in
general
or
confusing
the
terms
or
understanding
blockchain
equal
to
Bitcoin
and
yeah
I.
Think.
E
E
So
perhaps
a
very
early
perspective
on
how
to
understand
blockchain
was
more
like
putting
data
on
the
chain,
so
understanding
block
changes
as
a
distributed
database,
which
does
not
work
in
its
entire
idea
and
the
effect
on
integration
is
actually
low
because
technically
the
place
where
you
store
data
does
not
mean
so
much
on
how
it
can
be
integrated
into
processes
or
existing
text
X.
So
yeah.
E
Nice
idea
also,
perhaps
not
that
scalable,
at
least
not
on
the
current
technical
level
and
again.
The
effect
on
integration
is
not
that
big,
because
even
if
you
put
the
logic
in
a
smart
contract
on
the
blockchain,
then
you
still
have
the
situation
that
many
bigger
enterprises
have
their
ERP
system
in
place,
perhaps
since
decades
still
still
paying
the
license
costs
for
for
another
ten
years
or
twenty
years.
E
E
So,
for
example,
if
you
have
a
buyer
supplier
set
up-
and
you
have
also
smaller
suppliers-
they
have
to
be
integrated
into
business
processes,
and
it
should
not
be
the
only
way
for
them
to
be
integrated
to
just
use
the
the
main
ERP
of
the
leading
buyer,
but
they
also
have
to
have
a
way
to
get
in
easy
access
to
on
board,
even
if
they
are
not
using
an
ERP
system
at
all
or
if
they're,
perhaps
just
organizing
their
stuff
in
in
Excel
or
spreadsheets,
as
they
are
er
piece.
It's
nothing
to
be
ashamed
of.
E
As
long
as
you
can
be
part
of
an
integration
process,
you're
you're
good
to
go
paper
use
is
tackling
the
the
fact
that
many
integration
processes
are
occurring
on
an
ongoing
basis
on
some
of
them,
even
real-time.
But
there
are
also
processes
where
data
is
exchanged,
for
example,
only
once
a
month
and
the
integration
solution
has
to
be
still
to
be
accessible
for
all
participants,
but
just
when
they
use
it.
E
So
if
blockchain
should
be
considered
as
a
cost-saving
components,
so
that
enterprises
actually
this
I
to
go
with
blockchain,
it
has
to
be
ensured
that
for
blockchain
based
integration,
there
is
a
paper
use
model
in
place
and
that
you
do
not
pay
for
something
that
you
only
need
once
a
month.
The
no
restriction
usage
is
pretty
much
addressing
the
same
issue,
not
on
a
budget
level
so
to
say,
but
rather
on
on
the
technical
level
to
to
make
it
easy
to
access
and
integrate
process
orientation
and
domain
models
yeah.
E
This
is
a
crucial
point
which,
in
my
or
in
our
uniprot
opinion,
is
very
often
forgotten
or
addressed
too
late
when
tackling
integration
scenarios,
because
no
matter
how
great
an
underlying
technology
is,
the
actual
success
of
an
integration
process
will
also
be
measured
by
how
smooth
and
seamlessly
it
presents
itself
to
the
to
the
actual
end
user.
So
therefore,
it's
really
important
to
to
address
the
domain
specialists
and
on
a
business
process
level
and
provide
two
main
models
that
the
business
user
would
understand.
E
For
example,
procurement
specialist
should
be
allowed
to
design
his
process
based
on
models
for
proposals
or
purchase,
orders
or
invoices,
and
not
based
on
a
protocol
or
a
code
or
technical
adapters,
and
this
is
also
addressed
by
low
code,
adding
to
the
formal
point.
So
the
more
domain
specialist
will
be
able
to
stay
and
concentrate
on
his
level
of
abstraction.
The
easier
it
will
be
to
establish
successful
integration
processes
and
if
norm
or
only
low
code,
is
needed
even
better
yeah
high
value
and
benefit
from
blockchain.
E
What
is
needed
and
it's
a
solution
to
these
concerns
of
using
the
main
net
as
part
of
a
middleware
I
will
not
dive
into
the
technical
details
too
much
and
the
basic
ideas
already
have
been
covered
by
by
John,
so
the
its
to
keep
the
data
in
the
respective
ERPs
of
all
participants
and
using
the
baseline
pattern
as
an
integrative
middleware
to
establish
a
common
frame
of
reference
at
the
public
maiya
net
from
an
architecture
side.
This
is
how
it
was
presented
at
the
at
the
baseline
lounge.
E
So
the
idea
is
that
every
participant
in
a
integration
process
will
run
their
own
tech
stack
of
micro
services
that
fulfill
different
tasks
in
the
in
the
process
like
queuing
and
persistence.
Messaging
as
we
just
learned,
for
example,
with
Nets,
zero
knowledge,
proof
and
API
integration
and
then
notarizing
the
current
state
of
a
integration
process
on
the
main
net,
without
actually
showing
who
did
business
with
whom
and
what
data
but
keeping
a
level
of
of
privacy
so
that
participants
are
engaged
to
be
part
of
that
integration
process.
E
We
can
take
a
short
look
at
how
we
did
it
in
s.
Ap
dynamics
365
demo.
So
this
is
the
the
architecture
as
how
it
was
presented
during
that
demo
that
we
did
together
with
with
Kyle's
team
at
provide
and
Daniel's
team
at
envision
blockchain,
you
can
check
the
complete
demo
walkthrough
and
on
the
baseline,
landing
page
and,
of
course,
check
the
code
in
github.
E
The
three
boxes
you
see
here
is
the
is
the
main
architecture,
so
the
baseline
containers
and
then
some
added
layers
from
from
provide
and
from
UNEP
right,
ensure
that
all
the
different
participants
participants
in
that
process
had
the
same
level
of
how
to
connect
to
baseline,
so
to
say
using
a
proxy,
and
then
we
had
different
implementations
of
this
pattern.
So,
for
example,
the
buyer
role
was
with
an
S
AP
system
using
the
unified
connector.
E
One
of
the
suppliers
were
done
by
Dynamix
system
using
the
envision
blockchain
connection
also
connecting
to
the
underlying
tech
stack,
and
by
this
we
could
add
many
suppliers.
Many
more
suppliers,
perhaps
using
just
another
ERP
or
using
no
ERP
at
all,
but
Excel
or
local
database,
are
connecting
to
the
tech
stack
and
making
use
of
the
of
the
baseline
protocol
as
a
pattern.
E
E
In
terms
of
proposals,
purchase,
orders,
master
service
agreements,
request
for
proposals
and
not
so
much
in
how
it's
done
technically
so
from
the
SA
P
perspective
that
that
we
covered
within
unep
right,
we
connected
to
that
proxy
by
mapping
big
s,
AP
objects
meaningful
to
that
small
minimum
domain
models
that
all
the
participants
in
the
demo
used
and
for
the
user.
The
integration
still
looks
smooth.
E
So
here
you
can
see
that
the
user
just
used
his
well-known
front
ends
from,
for
example,
s
AP
on
the
left,
side
or
dynamics
on
the
on
the
right
side
and
the
integration.
The
actual
integration
is,
is
happening
in
the
background
implementing
the
baseline
pattern
and
including
proofs
and
verifies
on
that.
E
So
perhaps
should
some
remarks
on
UNEP,
right
and
and
baseline.
So
perhaps
it's
it's
important
again
to
to
mention
that
baseline
itself
is
not
a
protocol
and
it's
explicitly
it's
an
explicit
demand,
request
or
wish
from
the
from
the
baseline
community
that
actual
enterprises
take
this
baseline
approach
and
build
products
around
it.
So
that's
what
we
also
do
at
uni
pride
being
in
the
space
of
business
integration
with
blockchain
for
around
three
years
now,
and
our
approach
is
basically
to
support
all
that
what
I
mentioned
earlier.
E
What
we
think
is
needed,
so
we
have
visual
definitions
of
processes
and
circuits.
We
try
to
generate
as
many
objects
as
possible
automatically
like
cogeneration
and
API
generation.
Together
with
with
pro
I,
provide
our
partner.
We
also
offer
just
one
click
automatic
deployment
so
to
make
it
short
to
make
it
as
easy
as
possible
for
a
participant
to
be
part
of
an
integrated
process
by
a
baseline
and
to
staying
on
the
domain
or
process
level
as
long
as
possible
and
not
having
to
care
so
much
about
the
technical
details
and
the
underlying
details.
E
Also,
what
we
all
do,
what
we
also
offer
is
an
integrated
payment
model.
So
talking
about
the
the
idea
of
a
gas
station,
I
can
totally
second
what
John
said
earlier
that
it's
not
very
likely
for
for
big
enterprises
to
to
hold
crypto,
especially
if
you
think
of
cross
chain
scenarios,
where
you
have
perhaps
another
blockchain
or
a
private
blockchain
as
as
another
state
machine
that
you
want
to
baseline
with
another
chain
or
another
ERP,
and
you
have
to
care
about
different
transaction
cost
models
underlying.
E
So
finding
use
cases
working
on
on
pilots,
and
this
is
something
that
I
want
to
mention
personally,
that
I
really
like
about
the
baseline
initiative
that
it's
very
much
about
teamwork.
So
we
already
learned
and
got
to
know
great
great
people
just
by
working
on
demos
together,
so
not
only
those
who
were
part
of
the
SAPD
365
demo,
but
also
many
other
individuals
enterprises,
and
we
can
also
tell
that
there's
a
big
demand
for
for
baseline
and
bigger
enterprises.
E
Perhaps
that
are
not
interested
in
the
first
place,
to
contribute
to
an
open-source
model,
but
who
are
very
interested
in
using
the
actual
standards,
because
they
look
for
a
common
frame
of
reference
for
a
message:
bus.
That's
always
on
and
not
restricted
and
makes
makes
it
easier
for
them
to
integrate
ecosystems
and
communities.
E
A
Yeah,
it's
a
it
was
a
great
demo
and-
and
it's
been
it's
been
great
working
with
you
by
the
way.
Excuse
me
up
next
with
carpet
from
you
wide
blockchain
karlie
was
really
instrumental
in
the
initial
building
of
the
radish
there
before
demo
POC
that
was
initially
released
to
the
community
and
he's
going
to
talk
a
little
bit
about
tokenization
and
in
baseline
generally
karthik
and
post
post
privileges
over
to
you
in
sir.
F
F
F
So
in
terms
of
the
organization,
one
of
the
first
aspects
that
comes
into
picture
as
I'm
trying
to
touch
upon
some
of
the
concepts
that
John
and
Stefan
went
into
a
good
length
and
I,
both
in
terms
of
specification
and
also
in
terms
of
how
we
have
actually
implemented
it,
but
how
the
community
is
actually
implemented.
It
in
the
specific
si
p
/
erp
system
into
into
consideration.
F
So
when
we
talk
about
taking
some
of
the
lessons
learned
in
both
in
both,
not
just
in
news
cases
that
have
enterprise
integration,
but
also
in
other
use,
cases
that
have
stemmed
from
leveraging
baseline,
one
of
the
areas
that
has
been
a
key
area
of
focus
has
been
the
process
of
tokenization.
There
are
many
areas
and
many
aspects
of
how
organization
in
general
has
been
addressed
as
a
topic
for
private
and
public
blog
chains,
but
as
we
ideated
around
baseline
and
what,
where
we
should?
F
What
kind
of
business
processes
should
be
baselined
and
now
extending
that
to
tokenization?
We
try
to
come
up
with
what
are
some
of
the
key
considerations:
betwee
for
business
process
management
organization,
some
of
the
inspired.
Some
of
the
inspiration
of
this
stretch
of
idea
also
comes
from
existing
models
of
privacy
tokens
as
implemented
in
nightfall.
F
He
cash
in
others.
So
essentially,
when
we
talk
about
tokenizing,
we're
talking
about
attaching
a
value
to
a
certain
business
process,
so
business
process,
valuation
between
primary
multiple
partners
is
the
primary
requirement.
This
is
sort
of
a
statement.
I
picked
up
from
one
of
John's
previous
presentations
where
he
mentions
that
business
document
management
was
around
business
process,
automation
between
multiple
partners
and
specifically
targeting
this
to
just
having
a
case
evaluation
for
how
business
processes
can
be
estimated
and
valued.
F
There
are
opportunities
to
leverage
short
for
this
surplus
inventories
and
in
many
other
areas
where
you
know,
issues
in
terms
of
optimization
of
business
processes
and
one
organization
can
be
leveraged
leverage
across
enterprise
leverage
across
enterprises
itself.
Then
you
also
know
that
we
also
can
assume
that
business
assets
can
be
represented,
as
instruments
of
value
that
can
be
monetizable
cannot
be
double
spent
and
can
be
attributed
with
some
exchange
value.
F
Then
this,
the
most
important
aspect
has
was
covered
in
previous
talks,
for
our
previous
presentations
was
that
around
the
privacy
of
both
business
business
data,
which
is
around
the
process
process
intervals
that
actually
affect
in
creating
a
token
or
effect
in
creating
a
value
for
that
particular
business
process,
as
well
as
the
information
exchange
that
has
been
stirring
that
instantiation
of
such
a
business
process.
And
finally,
one
of
the
most
important
aspects
that
we
deal
with
when
it
comes
at
organization
is
the
general
need
for
an
understanding
of
ownership.
F
F
Next
is
the
zero
knowledge
compliance,
signature,
verification
wherein
one
of
the
primary
aspects
that
we
focus
on
is
the
is
the
necessity
to
have
the
the
different
parties
who
are
involved
in
the
in
the
end
of
business,
communication
or
enterprise,
business
automation
or,
in
this
case
enterprise
business
tokenization,
to
be
able
to
agree
upon
the
terms
that
have
been
that
have
been
used
or
have
been
used
or
are
being
rebel
leverage
to
create
to
create
these
actual
pockets
itself.
That's
where
we
have
the
zero
knowledge
based
signature
generation,
verification
that
comes
in.
F
Thirdly,
we
have
the
proof
of
business
process,
execution
proof
that
the
agreement,
and,
in
its
terms,
the
terms
of
the
creation
of
the
token
have
been
signed
by
both
parties
and
finally,
a
secure
message.
Communication
between
entities,
which
essentially
is
to
focus
on
the
communal,
communicating
the
underlying
data
elements
and
any
other
private
metadata
of
the
agreement
that
stipulates
of
a
creation
of
a
token
so.
C
F
Libraries
is
more
of
a
specification,
and
the
different
implementations
that
we
have
been
focusing
on
are
to
extend
these
interfaces
for
different
toolings.
So,
for
example,
one
of
the
areas
we
have
been
looking
at
is
how
we
can
take
a
general
way
of
standardizing
how
business
communication
can
happen
in
a
secure
manner.
Using
secure
message.
Communication
part
of
the
specification
and
one
of
the
plugs,
as
we
have
seen
in
the
previous
discussion,
is
using
Nats
for
us
one
such
technology
enabled
for
ensuring
secure
message.
F
Communication,
an
alternative
that
we
have
tried
in
radish
was
whisper
and
there
may
be
many
other
plugs
that
the
enterprises
or
community
may
use
for
actually
conducting
the
secure
message
communication
itself
in
a
similar
manner.
We
are
looking
into
how
different
plugs
can
be
associated,
to
create
workflow
steps
or
to
create
these
Enterprise
tokenization
process
steps
for
for
businesses
to
attach
value
to
their
existing
business
process
and
transact
on
this
business
process.
You
know
private
and
verifiable
mangareva
we
met
when
we
talk
about
baseline
protocol.
F
So
in
that
sense,
we,
when
we
talk
about
smart
contracts,
we
talk
about
from
a
workgroup
perspective
that
every
setup
of
organization
or
any
onboarding
in
the
case
of
baseline
is
dependent
on
a
set
of
organized.
It
is
defined
by
a
set
of
organizations
that
conduct
business
with
each
other
based
on
mutually
agreed
rules.
F
In
terms
of
relationships
deployment,
we
one
of
the
ways
that
baseline
emphasis
is
oratory
strategy
addresses
is
there
is
by
leveraging
a
concept
of
a
global
registry
using
some
of
the
standards
like
GRC
18:20,
to
be
able
to
common
eyes
or
have
an
entry
point
for
all
the
different
types
of
contracts
that
a
work
group
or
a
set
of
organizations
may
deal
with.
So
in
the
case
of
in
the
case
of
two
organizations.
F
Finally,
I
would
like
to
wrap
this
conversation
by
going
over
what
it
would
how
it
would
look
like
from
a
business
workflow
when
we
talk
about
from
an
organization
perspective.
A
lot
of
these
pieces
are
still
at
a
place
that
need
to
be
further
fleshed
out
in
terms
of
what
it
means
from
system
to
system
interactions
perspective,
but
at
a
high
level
we
try
to
project
a
business
flow
over
here.
F
The
idea
is
that
when
you
have
two
parties
party,
a
and
party
B,
which
are
interacting
with
each
other
and
Rea,
needs
to
issue
a
token
to
re
P
within
the
norms
of
privacy,
consistency
and
enterprise
integration.
What
we
the
process,
starts
with
party
a
generating
a
token
commitment,
which
is
essentially
very
roughly
speaking,
a
hash
of
a
token.
They
sign
the
particular
hash.
Send
that
particular
hash
be
a
B
on
enterprise.
Sorry
be
a
secured
messaging
channel
to
the
party
B.
F
So
the
other
part
you
see
first
over
there
is
the
aspect
of
the
what
we
can
call
as
a
circuit
or
an
analog
of
analog,
of
a
business
logic
that
could
be
represented
in
the
form
of
a
cryptographic.
Proof
is
what
the
first
piece
of
generation
of
token
commitment
is,
and
then,
when
you
sign
it,
we
are
using
the
API
services.
When
we
send
the
sign
commitment,
we
use
something
like
the
baseline
messaging
services
like
Nats,
to
be
able
to
send
the
message.
F
Once
30b
receives
the
message,
then
party
B
uses
their
API
to
be
able
to
sign
the
commitment
from
their
side
of
secure
messaging
Communication
Service
to
be
able
to
send
send
back
the
cosign
commitment
at
this
point
party
a
creates
a
proof
where
they
interact
with
the
privacy
services
to
vary
and
then
interact
with
the
blockchain
to
verify
proof
as
a
result
of
interacting
with
the
blockchain
during
verification
of
proof.
There
are
two
meta
calls
that
happen.
F
One
are
the
ones
are
called
Roisin
contract,
which
essentially
stores
the
different
hashes
of
the
documents,
or,
in
this
case
the
hashes
of
the
token
denominations
and
separately.
The
aspect
of
minting
the
token
or
actually
digitized
in
that
particular
asset,
or
this
ascertaining
value
to
a
particular
business
process
in
the
form
of
a
token
and
a
standard
that
we
have
been
looking
at,
is
the
ERC
1155,
so
that
there's
a
common
way
for
the
verification
to
verify
not
just
proofs
associated
with
non
fungible,
but
also
Fonzie
goes
from
a
common
place.
F
Once
the
verification
of
proof
is
done,
the
proof
is
sent
via
the
secure
messaging
service,
something
like
Nats,
where
the
party
a
to
party
B
and
once
at
this
point
either
party
a
and
party
B
could
could
refer
to
the
same
contract.
The
latest
of
this
would
and
their
latest
of
the
values
of
the
token
what
has
been
committed
and
if
there
is
any
other
relations
that
token
might
have
to
previous
business
processes.
So
that
sort
of
brings
me
to
the
end
of
the
presentation
pause
for
questions.
Thanks
a
lot
for
the
opportunity.
Kylene
theme.
A
A
To
the
floor
and
like
to
have
a
discussion
with
him
about
inclusion
diversity
in
in
in
the
blockchain
space,
you
know
I
know,
there's
a
lot
of
a
lot
of
crazy
stuff
going
on
in
you
know
in
our
world
today.
I
think
Atlanta,
especially
you
know,
could
could
use
some
we're
all
really
sort
of
all
of
us
together
and
no
Steven.
And
what
do
you
have
to
say
what
say?
He's
dude
yeah.
G
Hi
everyone
Steven
Garcia
I,
am
the
chief
information
security
officer
at
consensus.
Work
with
John
been
working
a
lot
with
Kyle
and
had
graphic
on
the
security
specifications
committee
for
baseline.
This
has
been
a
experience
of
a
lifetime,
so
I've
got
to
thank
John
and
company
for
really
letting
us
come
into
the
fold
here,
but
with
regards
to
to
diversity,
equity
and
inclusion.
Obviously,
the
the
global
climate
right
now
has
brought
this
a
little
bit
more
to
the
forefront.
So
you
know
we
wanted
to
take
this
time
to
just
kind
of
remind
everyone
right.
G
The
baseline
community
is
most
definitely
inclusive
right.
We
are
falling
over
ourselves
trying
to
make
sure
that
we've
got
people
coming
in
from
all
over
the
place,
and
we
cannot
stress
enough
how
much
we
could
use
your
help.
This
is
definitely
an
exciting
project.
I
for
one
have
been
welcomed
with
open
arms
and
hoping
that
I
can
do
my
part
to
continue
the
conversation
of
you
know
for
our
part,
at
consensus,
you
know
tomorrow's
a
pretty
big
day
for
us,
because
the
entire
company
has
to
observe
Juneteenth
or
June
19th.
G
You
know
you
need
some
information
on
that.
Please,
let
me
know
in
the
check
and
I'll
provide
some
more
on
that,
but
it
is
of
historical
significance
here
in
the
United
States
with
regards
to
black
history
here,
so
that
a
company
like
that
can
can
make
a
decision.
It
is
definitely
a
step
in
the
right
direction.
You
know
if
any
one
kind
of
has
comments
in
the
chat
now
about
you
know,
questions
concerns
comments.
G
You
know
we
just
kind
of
wanted
to
take
this
time
to
do
that,
just
this
kind
of
fireside
chat
and
make
sure
that
we
gave
everyone
an
opportunity,
because
this
is
definitely
near
and
dear
to
me-
I'd
like
to
see
more
representation
across
the
board.
The
blockchain
community
is
all
about
how
we
make
the
world
a
more
inclusive,
more
transparent,
better
place.
So
it's
definitely
incumbent
on
us
who
are
already
in
it
to
make
sure
that
we
don't
lose
focus
on
that
right.
G
A
G
I
mean
I'll,
keep
going
in
that
you
know
so.
I've
been
in
the
information
security
space,
pretty
much
my
entire
career,
it's
connected
from
level
system
by
the
way
been
in
information,
security
of
my
entire
career,
and
we
generally
lean
toward
the
IT
function
so
I've
seen
throughout.
You
know
a
concerning
lack
of
diversity.
You
know
gender
or
otherwise,
so
you
know,
as
as
we
a
society
start
really
asking
tough
questions
about
where
we've
been
historically,
how
we
got
here
and
how
we
change
that
again.
I
mean
you
know,
baseline
being.
G
G
You
know
Kyle
and
I
have
been
meeting
weekly.
Just
talking
about
you
know,
progress
with
baseline,
in
particular,
focusing
on
security
but
force
in
our
side.
Chats.
You
know
we
bring
our
own
experiences
and
how
we
can
help.
So
I
also
want
to
just
kind
of
lend
that
voice
out
to
anyone
out
there
that
thinks.
Maybe
we
haven't
had
enough
representation
identify
over
the
person.
Color
has
a
person
of
color.
A
H
C
H
H
Know
happy
to
be
here
and
I
love
the
the
conversation
around
diversity
and
one
of
the
talks
that
I've
been
doing
is
about.
Diversification,
will
determine
your
destiny
and
a
lot
of
people
think
about
diversification,
and
they
go
straight
into
the
mindset
of
like
you
know:
do
I
have
gold,
do
I
have
bonds
do
I?
Have
you
know
lamb
so
I
have
art
do
I?
Have
you
know,
what's
in
my
portfolio
right?
H
That's
how
people
think
about
you
know
diversification
when
it
comes
to
finances
I'm,
looking
at
a
future
where
diversification
is
going
to
mean
who's
in
your
community.
Who
are
you
connected
to
is?
Is
that
community
all
looking
the
same,
because
if
they
are
you're
not
prepared
for
the
future?
Is
your
community
all
of
the
same
religion
if
they
are
you're
not
prepared
for
the
future?
H
And
you
know
I'm
thinking
stuff,
like
you
know,
if
you
have
a
Beemer,
you
also
have
a
beater
I
know
this
is
kind
of
a
little
bit
of
a
different
way
of
looking
at
diversification,
but
we
have
to
and
and
I
know
my
what
I'm
saying
is
kind
of
a
break
from
from
where
we'd
been
in
the
in
the
whole.
Like
you
know
talking
about
magic
message,
bus
and
you
know
all
of
that
fun
stuff,
but
you
can't
eat
code
right
you,
you
can't
hug
a
protocol
and
we
as
human
beings.
H
That's
that's
really
important
for
us
to
recognize
that
there
there
is
a
need
for
us
to
diversify
in
these
current
times
in
a
way
that
is
absolutely
necessary
and
I
know
we're
all
enjoying
watching
Kyle.
You
know
just
look
intently
at
his
screen
because
he
hasn't
highlighted
my
my
picture
but
I'm
just
messing
with
you,
Kyle
I'm
gonna,
throw
this
and
I
diversified
my
portfolio
by
investing
in
provide
and
I.
Do
I
have
the
distinction,
Kyle
of
still
being
the
only
Atlanta
based
investor
and
you're
in
your
company
yeah.
A
A
H
That
diversification
is
is
vital
and
as
we
as
we
look
at
history,
it
really
gives
us
a
heads
up
and
awareness
of
what
we
need
to
be
prepared
for
in
our
futures
and
we've
already
had
things
happen
in
our
our
lifetime.
Now
our
kids
are
experiencing
it
with
Koba
19
with
the
the
unrest.
It's
it's
not
necessarily
a
throwback
to
the
past
of
the
you
know.
H
Everybody's
talked
about
the
Spanish
flu
and
you
know
how
that
correlates,
and
you
know
yes,
we
have
to
learn
from
that
pass,
but
we're
also
dealing
with
a
whole
different
slew
of
technologies
and
ways
of
integrating
globally
and
we
have
to
prepare
for
a
different
kind
of
future,
and
so,
as
we
go
into
you
know
the
future
of
this
event,
I
just
wanted
to
that
in
and
I'm,
not
sure
Kyle
exactly.
You
know
how
much
time
you
you
had
allotted
me,
because
when
I
was
translating.
A
H
I
appreciate
the
opportunity,
hopefully
to
to
shift
your
perspective
just
a
little
bit
into
different
aspects
of
diversification
and
and
I
hope.
You
make
a
change
today
that
expands
your
diversification
in
unique
ways,
so
Thank
You
Kyle
for
the
opportunity
and
with
Mercer
everyone
to
connect
with
the
blockchain
ecosystem
and
the
blockchain
Chamber
of
Commerce
really
happy
to
see
what's
happening
with
the
baseline
protocol
and
looking
forward
to
learning
more
with
you
guys
as
we
move
forward
today.
A
A
There
we
go
hey
York,
so
York
grows
you're
talking
a
little
bit
about
a
sure.
I
guess
you
need
to
yeah.
I
A
I
Certainly
the
early
thoughts
that
I
had
when
getting
involved
with
public
blockchain
particular
aetherium
was
really
the
thesis
that
the
future
of
the
Internet
and
the
future
of
blockchain
probably
looks
very
similar
to
the
internet.
And
so
you
know,
blockchain
has
a
transaction
layer
for
the
internet
blockchain
as
a
complement
message.
Bus
is
really
sort
of
where
baseline
fits
right
in
right,
and
so
we
really
started
this
project
project
together
with
John
and
Paul
and
Karthik
from
from
UI
and
John
from
consensus.
I
Obviously,
to
really
answer
that
question
you
know
what
would
have
to
be
true
for
enterprises
to
use
at
public
comments
and
so
based
on
that
and
based
on
a
lot
of
the
work,
the
great
work
that
ey
had
already
done
with
zero
knowledge
proof.
We
had
a
pretty
good
starting
point
to
think
about
think
about
this
problem,
and
it
was
just
such
a
great
opportunity
point
in
time
to
to
collaborate
together
to
really
answer
sort
of
the
underlying
question
that
has
been
sitting
out
there,
which
is
you
know
if
enterprises
are
going
to
do
this.
A
I
How
could
we
take
Visual
Studio
code
resources
and
the
twelve
million
plus
developers
who
are
using
that
code
base
and
start
to
expose
them
to
blockchain
technologies
in
a
way
that
would
be
accessible
to
to
a
Visual
Studio
code,
user
first
and
then
secondly,
to
an
enterprise,
blockchain
developer
or
an
enterprise
developer?
That's
curious
about
blockchain
and
so
I
think
we've
done
a
very
good
job.
There.
I
You
know
the
whole
of
Microsoft
right
from
a
cloud
perspective
if
you
don't
want
to,
but
certainly
gives
you
an
opportunity
to
be
exposed
to
the
value
proposition
of
a
blockchain,
knowledgeable
cloud
estate
right
that
could
really
bring
additional
value
propositions
into
into
the
work
that
you're
doing
we
so
we
participated
in
the
indicate
coin.
Hackathon
we
funded
some
bounties
during
New
York
blockchain
week
this
year,
as
well
as
last
year
with
ethereal
to
really
sort
of
engage
some
of
the
open
source
developer
community
around
that.
So
that
is
sort
of
a
you
know.
I
I
You
know
particularly
more
advanced
developers
in
the
in
the
blockchain
space
like
how
does
it
help
you
or
how
does
it
not
help
you
and,
and
how
do
we
continue
to
evolve
that
product
so
that
it
can
be
more
relevant
to
all
the
great
work
that's
going
on
and
and
in
the
blockchain
community?
So
that's
just
one
piece
of
work.
You
know
we
also
have
a
blockchain
service
offering,
which
is
you
know,
like
training
wheels
for
enterprise,
basically
in
some
sense
right,
where
you
help
you
help.
I
This
is
actually
quite
helpful
right
as
an
onboarding
process
for
for
large
for
enterprises
and
enterprise
developers,
because,
as
you
know,
right
going
down
the
blockchain
rabbit,
hole
and
understanding
what
it
means
to
have.
You
know
linked
hashed,
lock.
References
is
not
something
that
most
enterprise
developers
are
dealing
with
right.
Let's
go.
I
When
a
perspective
of
a
blockchain
key
versus
the
Active
Directory
entry,
you
know
of
a
user
whether
it
is
just
things
like
standing
up
the
relevant,
secure
networking,
forking
interconnects
between
the
participants
in
the
in
the
network
and
being
able
to
do
that
in
a
scripted
sequence,
automated
fashion.
You
know
these
are
not
necessarily
simple
things
from
a
setup
perspective,
but
even
more
as
you
look
at
the
health
live
network
over
time
requires
a
pretty
high
degree
of
monitoring
and
up
to
uptime
reliance
across
different
products.
I
A
Protocol,
it's
not
going
to
be
straightforward
to
to
build
using
using
the
base
line
protocol.
Unless
you
have
a
very,
very
automated,
you
know
stable
way
to
manage
protocol
upgrades
along
the
way,
especially
when
every
week
you
know
everyone's
environment
needs
to
be
upgraded,
so
I
think
there's
a
very
obvious
value
proposition
from
from
that
perspective,
there's
a
question
in
the
chat
sort
about.
A
Is
there?
Is
there
a
blockchain
as
a
blockchain
service
or
similar
sort
of
way
or
managed
service
to
connect
it
to
the
main,
app
and
I?
Think
that
you
know
it's
a
great
question:
I
think
it's
for
my
promise'
for
my
understanding
that
there's
currently
a
corn-based
salute
but
a
service,
but
you
know
I
think
there's
obviously.
I
So
we
have
so
two
things.
One
blockchain
is
hybrid
right,
so
you
have
to
build
systems
that
understand
that
you're
gonna
have
hybrid
environments
if
you're
respecting
the
philosophy
of
blockchain
at
all,
and
so
that's
one
of
our
sort
of
key
pillars
as
we
look
at
blockchain
networks,
the
ones
that
we
build
under
agile
blockchain
service
or
other
ones
that
should
that
exist
on
on
Azure,
specifically
to
the
main
net
and
baseline
we've
worked
historically
very
closely
with
the
impurity
--m
over
the
last
couple
of
years.
I
There
was
a
time
period
when
in
Fura
actually
had
diversified
infrastructure,
where
about
half
their
nose,
we're
running
on
Azure
and
half
the
notes
running
on
AWS,
so
we're
currently
working
with
the
impurity
to
you
know,
stand
up
some
additional
services
so
that
you
can
have
a
first-class.
You
know
experience
on
Azure
to
connect
to
main
that
through
through
their
service.
I
If
you
talk
to
almost
any
enterprise,
they
have
not
gone
through
the
process
of
understanding
what
it
does
it
mean
to
pay
for
gas
right
and
so
that's
a
sort
of
a
key
barrier
to
entry
that
needs
to
be
solved
for
and
there's
also
one
of
the
things
that
we
obviously
brought
up
in
that
baseline
protocol
work
right.
We
need
to
make
this
accessible.
I
We
also
need
to
make
it
scalable
when
I
say
scalable.
If
you
think
about
the
baseline
stack,
you're
doing
quite
a
different
number
of
things
there
I
know
you
already
spoke
with
Karthik,
so
he
probably
went
to
some
of
the
architecture,
but
you
know
running
zero
knowledge.
Proof
at
scale
is
not
a
simple
problem
to
solve
right.
If
you're
thinking
about
a
service
that
relies
on
zero
knowledge
proves,
you
need
to
really
be
thinking
about.
I
How
do
you
scale
proofing
and
how
do
you
scale
verification,
and
how
do
you
do
that
with
varying
levels
of
demand
on
a
system
and
do
it
with
a
certain
level
of
service
right
that
you're
somebody's
going
to
want
right
from
an
enterprise
perspective?
So
when
we,
when
we
think
about
like
you
know,
our
work
with
the
with
the
baseline
project
is
really
thinking
through
those
problems
right?
A
I
Are
but
but
yeah,
so
there
are
a
lot
of
different
templates
in
the
azure
marketplace.
Aside
from
the
azure
blockchain
service
template,
some
of
those
templates
specifically
addressed
public
ethereal.
Some
of
those
templates
frankly
are
somewhat
out
of
date
because
people
are
not
maintaining
them,
so
you
also
want
to
be
careful
of
that.
I
But,
as
I
said,
I
mean
there's,
definitely
a
desire
to
have
some
support
through
either
partners,
but
basically
have
the
ability,
through
a
national
market,
place,
to
go,
deploy
a
solution
that
allows
you
to
connect
to
me
in
that
and
again,
whether
that's
in
pura
or
other
products
like
that
or
you
know,
or
just,
for
example,
a
best
template
running
in
Azure,
which
already
is
there
by
the
way
you
can.
You
can
stand
up
a
best
suit
template
today.
That
is
if
somebody
can
probably
find
that
in
the
marketplace
and
drop
the
link
in
there.
I
I
You
know
permission
blockchain
camp
as
well
as
the
public
aetherium
camp,
and
that
they're
also
have
work
going
on
during
specifically
around
if
they're,
in
2.0
and
so
being
close
to,
that
team
gives
Microsoft
an
ability
to
really
you
know,
sort
of
have
a
front-row
seat
on
what's
going
on
and
make
sure
that
we
are
developing
developing
appropriate
capabilities
in
conjunction
with
those
partners.
You
know,
as
as
things
move
move
forward
here,
yeah.
I
I
would
answered
that
question
slightly
different
way,
which
is
when
are
there
relevant
applications
that
enterprise
businesses
and
lines
of
businesses
want
to
consume
that
leverage
public
etherion
right,
which
is
very
specifically,
if
you
look
at
the
type
of
feedback
that
we've
gotten
from
the
great
demonstration
work
that
was
done
by
the
by
the
community.
You
know
showcasing
an
s
AP
RFQ
process
going
across
public,
aetherium
and
and
interacting
live
with
a
dynamics.
You
know,
supplier,
essentially
right
that
type
of
interoperability
is
something
that
literally
every
provider
who's
being
asked
by
enterprise.
I
Customers
has
been
trying
to
solve
right
and
you
know
and
there's
multiple
levels
have
been
dropping
bility,
but
that
from
a
business
purpose
perspective.
That's
where
your
first
interest
is
going
to
come
from
in
terms
of
in
terms
of
applications,
lighting
up
massive
user
bases
of
applications
like
s,
AP
or
dynamics
or
salesforce
or
other
products
like
that
is
actually
how
you
get
the
attention
of
lines
of
business
within
enterprise.
After
that
everything
becomes
a
you
know:
okay,
great!
That's!
What
I
want
right!
I
I
want
to
be
able
to
do
this
because
it
gives
me
flexibility
in
my
business.
Go
figure
out
the
technical
stuff
right.
It's
a
very
different
approach
than
what's
historically
be
done
being
done
in
the
blockchain
space,
which
is
that's,
you
know,
go
figure
out
the
underlying
protocols
and
the
nuances
of
all
different
types
of
interesting
systems,
whether
financial
or
other.
Otherwise,
in
you
know
through
smart
contracts,
and
they
appear
in
blockchain
space
and
others.
I
It
has
been
very
necessary
obviously,
but
it
is
not
the
approach
of
enterprise
right
enterprise
says:
I,
have
a
business
problem,
I
know
what
applications
that
I
use
to
solve
that
business
problem.
If
I
can
solve
that
in
a
better
way
using
the
same
applications,
then
there's
like
no
friction
right.
There's
no,
there's
no
desktop
friction
right
because
one
of
the
key
problems
within
kind
of
enterprise
processes
that
you've
got
users
who
are
in
tune
with
what
they
use
and
have
a
very
specific
process
right.
I
So
you
know,
while
certainly
digital
transformation
is
on
everyone's
mind,
particularly
these
days.
Digital
transformation
is
not
easy
right
and
so
going
to
where
the
users
are
already
and
plugging
in
new
capability,
like
you've
done
with
baseline,
is
pretty
amazing
opportunity
to
drive
a
different
understanding
of
how
you
could
use
a
public
Commons
or
a
utility
like
there,
and
they
met
yeah.
I
A
It's
all
about
the
the
massive
reconciliation
savings
that
you'll
get
from
just
from
not
having
to
to
experience
the
same
sorts
of
accounting,
snafus
that
you
have
sort
of
today
without
without
that
common
middleware.
You
know,
there's
still,
you
know
the
pro
like
the
process
of
actually
like,
for
example,
in
warehouse
loading,
pallets
loading,
pallets
up,
OSA
manatee,
some
aspect
of
human
error
there
that
you
know
that
you
that
could
happen
with
this
even
in
a
baseline
to
process.
But
you
know
beyond
that
not
having
to
like
direct
to
do
this
manual.
I
That's
sort
of
the
thesis
here
is
that
you
don't
have
to
be
locked
into
a
small
set
of
participants
who
have
agree,
lots
of
rules
and
conditions
to
participate.
You
can
actually
treat
the
Internet
as
a
whole
as
potential
endpoints
to
do
business
very
similar
to
how
we
do
it
stay
with
me,
commerce,
and
we
rely
on
something
called
DNS
to
validate
that
we're
actually
talking
to
a
Microsoft,
calm
and
not
you
know
an
Oracle
calm
as
an
example,
you
know
as
the
validation
of
the
endpoint.
I
So
if
you
have
that
type
of
validation
for
endpoints
on
this
public
transaction
Commons,
then
you
know
the
thesis
is
that
you
know
you
can
then
think
about
it
in
the
same
way,
right
now,
you've
got.
Basically
anybody
who
participates
in
this
public
Commons
and
as
a
valid
registered
endpoint
is
a
potential
collaborator
over
the
public,
Commons
yeah.
A
That's
sort
of
goes
back
to
the
conversation
we're
having
about
Matt's
and
how
we're
storing.
In
that
sin
point
and
you
know
in
the
public
park
scene,
you
know
it's
a
pocket,
an
opening
point
and
when
you
need
to
send
baseline
protocol
messages
or
data
to
the
counterparty,
you
can
just
look
them
up
and
pop
them.
You
know
point
to
point
essentially,
and
so
it's
very
much
it's
an
exciting
time
for
this.
For
this
technology.
Yes,.
I
I
totally
agree,
and
you
know
what
it's
also
I
think
interesting
is
the
sort
of
the
the
evolution
of
the
underlying
protocol.
While
there's
this
awakening
around
the
capability,
it's
a
baseline
right,
and
so
this
really
like
two
big,
you
know
potential
things
that
are
happening
here
at
the
same
time.
So.
I
I
There
there
is
value
in
in
a
recorded
untruth
right
and
that
value
is
about
reputation
right,
and
so
you
know,
if
you
spend
any
time
in
the
centralized
identity
space
you
know,
which
obviously
is
rooted
in
public
blockchain.
You
spent
a
lot
of
time
thinking
about
this
problem.
Right,
like
how
do
I
verify
an
endpoint
and
how
do
I
know
that
that
endpoint
has
a
good
reputation
versus
a
bad
reputation.
I
I
So,
what's
what's
your
next,
your
next
victim?
Yes,.
A
About
about
ups
sort
of
what
we're
calling
it,
the
Atlantic
blockchain
showcase,
has
a
lot
of
Boston
insight
into
what's
happening
at
UPS
and
and
how
he
thinks
about
the
public
blockchain
or
how
he
it
doesn't
think
about.
It.
I
think
that
perspective
is
very
valuable
at
this
juncture,
as
well.
I'm
very
done.
Yeah
I'd
like
to
turn
the
floor
over
to
us
and
then
Mahesh
so
hush
run.
Oh
man,
yeah.
B
J
B
A
B
Kyle,
so
much
for
bringing
us
on
and
thanks
York
great
presentation
there
and
everyone
today.
This
has
been
a
great
event
so
far.
We're
streaming
live
to
youtube,
we're
also
on
zoom
and
we're
gonna
have
a
short
time
for
Q&A.
After
the
discussion,
the
fireside
chat
I'm
having
with
Mahesh.
So
if
you
have
a
question,
go
ahead
and
put
it
in
the
Q&A
bubble
in
zoom,
it
should
be
down
below
by
the
chat
button
or
if
you're,
on
YouTube
I
have
the
YouTube
chat
up.
B
You
can
also
put
in
questions
there
as
we're
going
along
so
feel
free
to
throw
your
questions
at
Mahesh
and
let's
go
ahead
and
get
started.
I'm
Hudson,
Jameson
from
the
etherium
foundation
and
I
have
the
pleasure
of
talking
to
Mahesh
today,
Mahesh.
If
you
want
to
give
an
intro
real,
quick
and
explain
a
little
bit
about
yourself.
J
B
Right,
thank
you.
So
much
so
I
got
a
few
questions
here
to
kind
of
get
the
conversation
going.
One
of
them
is,
you
know,
ups
is
someone
who
I
feel
like
has
innovated
in
order
to
compete
with
other
companies
like
FedEx
and
USPS
and
stuff
like
that.
So
how
would
you
describe
your
company's
approach
to
innovation
and
how
did
that
translate
into
exploring
blockchain
technology
in
general.
J
Right
so
historically,
if
you
look
at
you
know
a
hundred
and
one
hundred
plus
year
old
company,
we
have
innovated
our
way
through
those
years
and
I
think
that
has
become
a
core
foundation.
It's
a
core
tenant,
it's
one
of
our
goals,
so
we
are
call
ourselves
in
innovation
driven
company.
It
runs
all
the
way
down
from
the
management
committee
layer
all
the
way
down,
and
we
try
to
find
areas
where
the
innovation
we
just
don't
do
it
for
just
coolness
right.
It
needs
to
and
a
little
bit
of
business
value.
J
It
needs
to
do
something
to
move
the
needle
from
from
a
business
perspective,
and
we
have
adopted
you
know
many
of
those
technologies.
So
if
you
hear
things
like
Orion
door,
you
heard
you
know
fly
forward,
which
is
the
drone
based
airline
right.
So
if
you
hear
those
things,
those
are
all
culmination
of
many
years
of
R&D
work,
adoption
of
innovative
technologies
and
then
using
those
technologies
to
drive
process
and
economic
improvements
within
the
company
and
and
in
some
use
cases
where
I'm
talking
about
drones
that
goes
around
beyond
just
UPS.
J
H
J
You
want
to
take
and
take
technologies
and
move
forward
with
it
now,
bringing
you
back
the
block
game
block
Tina
is
very
similar
in
that
aspect
Brian.
So
it
is
something
then
you
know
we
talked
about
drones
for
many
number
of
years
and
finally,
we
have
something
where
we
can
use
it
right.
This
is
in
that,
in
that
space,
for
us,
in
terms
of
how
this
technology
can
be
used,
what
it's
going
to
provide
in
terms
of
benefit,
then,
essentially
how
that
benefit
is
going
to
materialize
in
different
areas.
J
We
focus
on
whether
it
be
customers,
whether
it
is
from
AG
in
magnitude
in
perspective,
whether
is
sustainable
and
you
might
from
different
angles.
So
that's
what
we're
looking
at!
That's
where
we
are,
and
that's
how
you
know
any
technology
that
we
look
at
sort
of.
We
tried
to
derive
business
process
of
you
know
value
in
any
of
those
multiple
areas,
and
then
we
try
to
move
forward
with
with
viable
and
valuable
use
cases.
J
B
B
J
I
mean
that
that's
the
hope,
then
we
when
we
look
at
these
technologies,
we
eventually
want
to
use
them
in
capacities
that
is
meaningful
for
us
right.
So
we're
constantly
on
the
lookout
block.
Blockchain
is
one
Arsenal.
Drones
was
drones
from
an
automation
point
of
view,
which
one
there
are
they're
automation,
things
from
robotics
and
things
like
that.
So
we're
looking.
J
B
J
From
a
UPS
point
of
view,
we
are
looking
at
many
different
use
cases
in
the
logistics
space.
You
know
no
surprise
there
in
terms
of
what
what
we
are,
what
our
interest
is
and
now
you
know,
that's
a
big
statement
like
logistics
base
a
big
statement,
but
if
you
want
to
kind
of
distilled
it
down
to
specific
areas
of
interest,
then
it
would
then
it
would
certainly,
but
we'll
talk
about
visibility
being
one
big
pillar.
J
So
those
are
the
three
sort
of
the
colors.
If
you
will
where
we
are
kind
of
focused
and
if
you
can,
if
you
can
envision
those
pillars
and
if
you
want
to
kind
of
break
it
down,
then
there
are
certain
business
focus
areas
that
sort
of
materialize
right.
So
if
you
look
at
freight
forwarding,
there
is
a
use
case
there
to
look
at
international
trade.
There
is
a
certain
use
case.
They
are,
if
you
look
at
risk
management
across
that
space.
J
There
is
a
use
case
that
right
so
so
that's
a
perspective
in
terms
of
how
we
want
to
look
at
use
cases
and-
and
those
use
cases
have
to
drive
value
all
right.
It
has
to
all
of
the
conversation.
You'll
hear
me
constantly
saying
that
has
been
back
the
value
it
has
to
come
back
to
generate
something
for
us,
something
for
the
customer
and
it
has
to
be
in
a
manner
that's
fair
to
all
the
parties
that
are
engaged
in
this
conversation
with
this
technology.
B
Whenever
you
are
working
on
innovative
solutions
at
UPS,
would
you
say
that
that
it's
sometimes
more
difficult
to
work
with
a
bunch
of
different
enterprise
systems,
like
I
kind
of
alluded
to
earlier?
A
lot
of
these
are
siloed
and
there's
different
technologies
having
to
connect
to
different
systems,
has
blocked
chain
specifically
been
easier
or
more
difficult
to
integrate
with
those
systems.
J
Yeah,
so
so
try
to
explain
that
with
a
use
case
right.
So
when
we
talk
about,
let's
say
international
trade
movement
use
case
did
that's
a
very
valid
use
case.
You
know
it's
a
very
common,
well-established
process
across
across
almost
all
logistics
providers.
At
this
point
right,
you
have
a
usually
you
start
with
your
your
manifest.
You
have
a
commercial
invoices.
You
have
a
certificate
of
origins.
You
have
a
letter
of
the
current.
J
You
have
all
of
these
documents
that
you
have
and
you
move
these
documents
from
from
a
provider
to
provider,
as
you
are
in
this
3pl
journey
right.
A
and
I
use
this
as
an
example
only
because
in
the
freight
forwarding
space
as
an
example,
you
know
UPS
necessarily
doesn't
use.
You
know
our
assets
alone
right.
We
leverage
all
the
assets
that
are
available
for
us
across
our
different
suppliers.
Partners
that
we
deal
with
and
and
the
rules
are
all
true
right.
So
we.
J
Manifest
which
can
be
electronic
or
people
we're,
you
know
they
need
certain
documents
to
clear
customs.
They
need
certain
security
documentation
right,
so
so
it
goes
on
and
on
and
on
in
terms
of
the
the
pieces
of
paper,
the
pieces
of
information
that
gets
traded
so
the
the
the
the
fantasy
with
this
technology
sort
of
speak
is.
Can
we
reduce
these
type
of
handoffs
that
happen
between
different
parties?
Can
we
create
some
sort
of
a
mechanism
where,
if
the
information
is
collected
and
curated,
and
can
this
kind
of
translate,
can
it's
more
long?
J
You
know
the
participants
in
the
chain.
That's
one
angle,
and
the
second
is
the
byproduct
of
that
right.
So,
if
you
do
that,
can
you
then
get
you
know?
Can
you
get
to
accelerate
commerce?
It's
no
longer
about
hey.
It's
just
seamless,
I
don't
have
to
share
our
documents.
The
value
then
comes
in
in
terms
of
hey.
I
can
move
borders
quickly.
I
have
agencies
that
rely
on
this
information
and
think
that
it's
golden.
J
Can
we
get
to
that
state
at
some
point
and
then,
lastly,
is
in
terms
of
efficiency
again
cost
again
right,
so
does
it
drive
efficiency
pouring
for
for
us
for
our
partners?
Does
it
drive
a
behavior
change
for
us
and
our
partners?
Alright,
so
behavior
change
as
an
example
would
be.
If
you
have
something
that's
going
in
in
your
in
your
pipeline,
and
you
know
that
I
throw
some
excursions,
you
need
to
take
some
actions.
J
You
have
now
empowered
your
suppliers
and
your
providers
to
act
on
that
information,
but
providing
the
time
like
that's
part
of
this
technology
right
so
and
then
the
last
part
is,
can
pieces
because
you're
not
handing
off
papers,
maybe
you're
not
doing
a
lot
of
key
entry
where
it
maybe
you're,
not
replicating
information.
Can
you
take
some
cost
out
that
will
then
reflect
in
some
other
metric
within
within
each
of
the
organizations
right.
So
those
are
the
essential.
J
B
My
my
spike
speaker
set
is
not
being
cooperative.
Today.
Sorry
I
was
going
to
say
that
I
hear
time
and
time
again
that
enterprises
really
look
to
blockchain
for
cost
savings
and
I.
Think
that
is
definitely
a
very
important
thing
to
factor
in
something
else.
I've
heard
factored
in
depending
on
the
industry
is
the
immutability
aspect
of
blockchains
or
depending
on
who
you
ask
the
relative
immutability.
How
do
you
see
that
playing
into
you
know
how
blockchain
is
used
today
and
the
importance
of
immutability
or
the
lack
of
importance.
J
The
immutability
piece
is
is
important
and
it's
important,
especially
when
you're
dealing
with
multiple
parties
that
don't
belong
in
relation
to
a
particular
transaction
right.
So
we
we
think
that
that
there
is
a
there
is
a
place
for
that
from
from
technology
point
of
view,
and
it
is
also
we
believe
it
is
necessary
to
drive
a
accountability
and
behavior
and
also
maybe
it
becomes
a
color
to
maybe
incentivize
certain
types
of
activities
so
immutability
and
having
that
information
timely,
is
important
in
those
aspects.
J
It
is
also
maybe,
if
you
kind
of
fast-forward
this
and
think
about
government
regulations-
or
you
know,
customs
organization
is
an
example.
If
they
come
back
and
want
information,
we
know
in
a
certain
structure
in
a
certain
way
in
a
certain
order.
Then
it
be
the
immutability
aspect,
kind
of
place
there
as
well
right.
So
we
see
that
there
is
importance
for
that.
We
see
that
there
can
be
certain
certain
behaviors
certain
value
proposition.
We
can
drive
with
it,
but
we
have
also
seen
on
the
flipside.
J
J
Now,
when
you
put
multiple
organizations-
and
you
start
to
define
processes
and
practices,
and
then
you
combine
that
with
a
hard
asset,
that's
actually
moving
in
your
network
that
just
that
magnifies
the
problem
right
and
it,
and
when,
when
I
say
that
I
just
am
giving
benefit
of
the
doubt,
because
not
to
to
everybody
involved
in
a
particular
transaction
and
and
I'm
saying
this,
because
it
might
be
bail
intention
that
they
have
to
move
a
shipment,
because
there
may
be
something
wrong
with
our
system.
Maybe
their
network
is
down.
J
Maybe
something
happened
that
they're
not
able
to
update
it
at
that
point
of
time,
but
they
have
to
get
the
ship
in
moving
to
meet
the
SLA.
Now
you
have
a
disconnect.
So
yes,
immutability
is
great
good
for
certain
things,
but
then
it
should
not
have
these
false
positives,
where
a
genuine
action
has
been
taken
because
of
some
other
impediment
right.
So
you've
got
to
be
able
to
balance
both
of
those
things.
It's
not
very
hard
immutability.
Is
you
know
it's
the
only
way.
That's
the
blockchain
a
you
know.
A
B
Great
answer
great
answer,
so
another
thing
I
was
question.
I
had
today,
we've
talked
a
lot
about
main
net
public
blockchains
things
like
that.
What's
your
opinion
on
public
blockchains
and
have
you
considered
using
a
public
blockchain
or
you
know
not
using
one
for
your
use
case?
What
would
the
reasons
be?
Yeah.
J
Completely
I
heard
baseline
when
Kyle
called
me
up
and
said:
hey,
do
you
wanna?
Are
you
interested
in
participating?
So
that's
my
first
introduction
to
the
baseline
and
I've
heard
chatters
of
it
in
the
past,
never
really
paid
attention
because
again
we
have
weave
from
an
organization
and
point
of
view.
We
have
looked
at
blockchain
in
the
past
or
public
blockchain
in
the
past
right
and
we
have
looked
at
it
from
a
technology
perspective,
the
parts
and
pieces
of
what
makes
up
a
public
blockchain.
J
A
J
J
The
concept
of
gas
and
all
that
and
we
just
hub,
which
is
very
true-
you
know
so
how
you
know.
How
does
that
play
into
all
of
this,
and
then
there
is
the
the
second
part
around
public
blockchain
itself
is.
Is
it
around
the
concerns
around
the
whole?
You
know:
do
we
put
in
there
the
security
aspect
of
it,
the
privacy
legal
realm
and
then
and
then,
if
you
peeled
it
a
little
bit,
you
know
does:
does
the
data
then
is
provided
to
you
yeah?
Does
it
belong
to
you?
Yes,
fine?
J
So
if
you're
ordering
some
from
you
know
a
retailer
and
UPS
as
a
contract
with
the
retailer
for
providing
that
shipping
service,
does
that
data
inherently
become
a
publicly
consumable
information,
or
is
it
information
that
only
three
parties
are
interested
in
the
constantly
the
shipper
end
of
and
a
carrier?
That's
moving
right.
J
So
it's
also
the
relevance
of
that
data
in
the
public
realm,
so
to
speak,
and
then
and
then
we've
also
considered
things
like
okay,
if
you
can
go
down
up
head,
maybe
are
we
an
Oracle
then
to
provide
certain
things
so
enable
certain
other
activities
in
the
blockchain.
You
know,
then
you
very
much
go
into
the
conversations
of
technologies
of
today.
Oh,
we
have
api's
that
do
that
today
for
you.
J
So
how
is
this
adding
value
right
and
then,
and
then
lastly,
I
think
I
would
add
the
pedigree
of
public
blockchain
and
the
messaging
has
also
kind
of
I
would
say
with
cryptocurrencies
and
of
course,
crypto
Kitty's
not
gonna.
Forget
that
right,
as
sort
of
sort
of
muscle
the
message
a
little
bit
around
how
enterprises
can
use
it
around
that
use
case,
I
kind
of
think
that
there
is
value,
but
we
need
certain
certain.
J
We
have
certain
questions
in
the
enterprise
blockchain,
a
public
blocked
in
adoption
space
then,
and
then
there
really
needs
to
be
addressed
as
we
go
down
and
take
that
journey,
and
you
know
one
more
thing
right:
we
we
can't
and
I
would
be
remiss
if
I
say
public
blockchain
and
don't
bring
up
the
issue
of
trust
right.
How
public
blockchain
inherently
builds
trust
in
in
any
large
enterprise
or
organizations
or
enterprises
or
any
organization
for
that
matter?
Cave
I
see
is
a
big
thing.
J
By
ignore
your
customer,
we
can't
just
anonymously
just
pick
up,
you
know
and
deliver
it
doesn't
work
in
our
industry.
We
need
to
know
for
many
reasons
right
so
does
this
technology,
because
my
trust
there
and
yeah
there
are
many
layers
of
trust
but
the
the
core
of
it.
We
really
don't
don't
have
untrusted
things
like
we.
We
have
a
lot
of
trusted
conversations
to
begin
with,
so
I
think
I.
Think
that's
where
our
kind
of
mindset
is
related
to
public
black
things
would
love
to
see
how
it
evolves
in
the
future.
B
Absolutely
and
today
you
know
many
of
the
presentations
were
around
public
blockchains,
but
at
the
same
time
john
mentioned,
you
know,
there's
gonna
be
a
future
where
it's
not
just
public
blockchains.
It's
going
to
be.
You
know
more
private
blockchains
as
well,
and
maybe
interconnections
things
like
that,
and
that's
that's
I,
think
how
a
lot
of
people
see
the
future
of
this
technology
is
the
these
kind
of
interconnections
we're
seeing
that
with
cosmos
and
polkadot
and
other
technologies
already
that
are
starting
to
launch.
B
So
it's
really
interesting
thing
to
be
looking
out
for
when
you
were
talking
about.
You
know
the
different
like
anonymous
actors
who
make
up
a
blockchain
and
not
being
able
to
verify
them
necessarily.
How
do
you
all
or
have
you
kind
of
ideated
on
the
type
of
external
stakeholders
that
would
be
involved
and
maybe
a
semi,
private
or
private
blockchain
you
know
do
we
have?
J
J
So
so
that's
how
that's,
how
we're
seeing
and
and
the
evolution
of
that
I
believe,
at
least
you
know
what
is
formulated
in
my
head
at
least-
is
that
the
the
amount
of
people
that
that
we
will
be
talking
to
will
be
directly
relational
or
direct?
There
will
be
direct
relation
to
the
number
of
or
to
the
use
case
right.
There
will
be
very
use
case.
J
Specific
it'll
be
to
the
transaction
that
if
we
are
processing
to
the
right,
if
you
get
to
granularity
so
and
and
private
blockchains
make
that
that
makes
that
a
little
bit
easier
for
us
yeah.
There
is
a
lot
of
set
up
activities
and
all
that
I
get
that
which
is
complicated
by
nature
but
but
the
the.
But
we
get
to
a
point
where
we
know
who
the
parties
are,
which
is
essential
from
from
an
enterprise
organization
perspective.
We
know
what
use
case
we
are
going
to
participate
in.
J
We
know
that
they
are
the
providers
or
suppliers
that
are
relevant
for
that
use
case,
and
we
can
sort
of
bring
them
in
together
a
much
more
easier
when
we
think
of
it.
That
way,
when
we
try
to
expand
that
and
think
about
you
know,
can
we
enable
this
in
some
larger
contact
with
a
you
know,
logistic
space
or
something
like
that?
J
It
becomes
very
nebulous
and
then
it
adds
a
lot
of
parties
to
the
conversation
and
in
it
it
evolves
the
conversation
from
establishing
and
trying
to
prove
out
your
use
case
and
it's
worth
to
now.
Marketing
technology
I'm
trying
to
get
people
into
that
space
right.
We
don't
want
to
get
to
marketing
technology
perspective.
We
want
to
be
able
to
market
a
particular
service
that
we
provide
and
then
how
blockchain
benefits
can
be
leveraged
for
that
service.
So
that's
how
we
kind
of
take
that
subtle
difference
between
the
two
but
I
think.
B
Yeah
excellent
answer:
I
I
think
that
lines
up
with
a
lot
of
people
I've
talked
to
the
concern
and
some
of
the
ways
they're
looking
at
you
know,
organizing
these
businesses,
just
like
you
said,
there's
like
that.
It's
always
gonna
be
messy
when
you're
working
with
different
companies
in
general
for
any
kind
of
technology
solution
and
technology
stack.
That
might
be
newer,
so
this
isn't
unique
to
the
industry
at
all.
B
J
Essentially
there
are
these
these
two
or
three
years.
What
we
were
looking
at
and
I
also
think
at
one
point
we
had
some
conversations
and
discussions
around
hash
graph
and
maybe
how
that
technology
plays
in
and
is
that
a
is
that
a
substitute
replacement
alternate?
We
really
are
trying
to
figure
out
a
way
through
being
where
to
place
that
in
this,
in
this
conversation,
also
so
yeah
right
about
there,
but
but
the
three.
If
not
four,.
B
You
know,
as
as
the
architect
I'm
assuming
you
have
a
team
around
you
that
is
working
with
this
technology.
How
excited
are
they
about
this
and
like
this,
have
you
gotten
any
feedback
that
this
is
wildly
different,
then,
or
even
you
know,
similar
than
other
technologies?
They've
worked
with
from
an
innovation
perspective
or
from
a
how
to
get
started
perspective.
I
know
that
people
have
had
some
feedback
that
there's
not
always
good
guides
out
there
that
there's
not
always
a
lot
of
resources
or
precedent,
especially
for
this
type
of
technology.
J
So
so
our
engagement
models
be
sort
of
in
we.
We
do.
We
have
prototypes
that
we
do
internally.
We
then
engage
with
our
customers
and
partners
to
test
whatever
they
are
building,
so
we
participate
in
that
context
and
we
do
have
participate
in
standards.
Bodies
too,
so
so
I
mean
that's
our
that's
our
essential
playbook
from
how
engagement
starts.
Now,
when
we
talk
about
our
customers
and
partners,
we
have
our
sales
and
solutions
and
those
guys
that
are
very
much
high-touch
customer-focused
individuals
that
bring
in
use
cases
that
customers
might
be
interested
in
right.
J
So
if
they
heard
a
customer
talk
about
blockchain
and
roastin
blockchain,
so
it
comes
into
into
our
funnel.
And
then
we
have
a
couple
of
people
that
that
that
look
at
these
use
cases
and
from
a
marketing
point
of
view
and
from
a
product
development
point
of
view,
and
then,
if
it
makes
sense,
it
then
comes
into
the
VIP
pocket
right.
So
that's
the
normal
process
for
us
and
then
inside
the
IP
bucket
there
we
we
at
this
point
we
don't
have
large
teams
that
are
supporting
blocking
technologies.
J
We
are
very
much
on
a
case
by
case
basis.
We
kind
of
spent
up
teams
or
we
do
the
prototype
and
we
kind
of
disband
them
and
the
and
the
and
one
of
the
reasons
why
we
haven't
taken
that
next
step,
yet
to
kind
of
get
up
and
get
a
team
or
form
a
team
is
we
are
still
kind
of
thinking
about
what
technology
stack
we
are
going
to
adopt
number
one
number
two:
is
this
even
a
material
technology
for
us
investment
capital?
J
A
at
this
point
and
and
and
and
the
the
last
part,
is
we
you
know
with
you
asked
it.
You
know
if
you
take
it
to
a
organization
and
a
priority
point
of
view,
blood
team
has
not
yet
made.
You
know
the
top
a
priority
list,
yeah
it's
a
technology
that
is
still
in
the
evaluation
things.
There
is
a
lot
of
support
from
the
from
the
management
committee
down
to
me
founder.
We
take
active,
look
at
this
technology,
but
it's
not
a
priority
in
terms
of
they
were
gonna.
J
Do
you
know
these
five
projects
with
this
technology?
We're
not
there
yet
and
that
kind
of
leads
or
is
led
from
the
belief
that
we
don't
think
blockchain
is
or
may
be
viable
yet
for
using
something
just
internally.
So
so
so
that's
where
we
are
and
then
from
a
standards
point
of
view
we
participate.
We
have.
We
have
teams
that
we've
got
team
team
members
that
participate
in
beta
standards.
Development
can.
B
J
J
You
know
we're
crossing
and
we
want
to
the
objective
of
participating
in
those,
and
the
objective
of
beta
itself
is
to
create
something
like
you
know.
We
like
to
call
them
the
US,
be
spanked
right
now,
it's
something
that
we
define,
but
you
know
whether
you
want
to
put
that
USB
stick
inside
of
a
camera
or
whether
you
want
to
put
it
in
a
you
know.
In
a
mouse
we
really
don't
care,
but
we
want
you
to
follow
the
standards
aspect.
J
We
want
you
to
kind
of
adhere
to
it
as
closely
as
possible
across
multiple
organizations.
So
so
then
we
don't
have
these
old
translation
an
interpretation
of
what
we
feel
this
wad
and
messing
around
with
you
know
messing
around
so
you
when
I
say
men
sing
around
with
the
data
format,
I
kind
of
refer
back
to
EBI,
EBI
B.
You
know
and
I
like
to
kind
of
joke
about
it.
J
A
little
bit
is
the
only
thing
common
about
EDI
are
the
numbers,
everything
else
and
very
specific
to
the
organization
that
functions
would
be
bi
or
or
you
know,
does
transaction
between
20
of
these
in
using
an
EDI
method.
So
so
that's
where
we
are.
You
know
the
three
prongs
you
know:
customer-focused
VOCs
internally
build
piercings
and
then
da.
B
J
But
it's
interesting
to
see
how
all
that
hype
is
sort
of
now
is
sort
of
died
down
and
the
technology
itself
is
turning
into
this
hole.
Here,
let's
give
a
very
rationalized
look
and
what
we
can
do
with
this
technology.
It's
getting
very
focused
on
some
of
the
areas
we
feel
are
important
for
enterprise
adoption.
So
when
we
talk
about
interoperable
and
evil,
there's
a
lot
of
efforts-
it's
not
there
when
we
talk
about
projects
enabling
enterprise
blocked
means
with
privacy
and
security
focus.
There's
a
lot
of
projects
they
are.
J
There
is
also
you
know,
it's
very
heartening,
to
see
tooling
that's
getting
available
more
and
more
in
terms
of
how
we
can
not
only
build,
deploy
and
support
and
monitor
these
type
of
things
that
across
multiple
parties
in
an
ecosystem.
So
yes,
it's
a
it's
a
for
us
from
where
I
started
to
where
I
see
it's
evolving
and
I
would
like
to
see
this
continue
and
involved,
and
I
also
would
like
to
see
this.
The
that,
then,
when
we
talk
about
baseline
and
we
talk
about,
you
know,
new
technology
I
would
like
to
see.
J
You
know
a
lot
of
enterprise
tokens
in
a
not
in
terms
not
in
just
in
terms
of
hey
I,
have
all
the
security
process
and
practices,
but
also
from
scalability
and
performance
and
and
and
meeting
some
of
those
non-functional
objectives
that
we
have
right
and
I
like
them
to
say.
If
you
go
to
our
website
and
figure
out,
you
know
how
many
you
know
shipments.
We
we
deliver
and
you
multiply,
you
know.
I
know
five
in
five
events
per
mess
per
package
delivered.
J
Can
a
blocked
in
up
today
handle
that
and
can
we
put
that
there
kind
of
scale
right,
I,
don't
think
the
answer
is
you
know
the
answer
problems
now,
so
how
do
we
get
to
that
one
right,
the
evolution
of
the
journey
to
get
that
point.
For
me,
it's
very
interesting:
do
you
stay
plugged
in
and
to
see
how
that
can
and
and
see
if
we
can
help
in
any
way,
but
to
make
that
happen
and
to
test
out
some
of
the
uses.
B
All
right,
I,
love
ending
on
a
positive
note,
a
hopeful
note
and
the
fact
that
this
is
gaining
prominence
in
the
industry
is
really
really
exciting.
So
we're
gonna
go
to
Q&A.
Now
again,
you
can,
if
you're
able
to
use
the
chat
and
YouTube
I
believe
there's
a
Q&A
feature
of
zoom
that
you're
able
to
use
and
we'll
see.
If
anyone
has
any
questions,
also,
if
you're
just
on,
if
you're
on
the
zoom
call
as
a
panel-
and
you
have
any
invoice,
questions
feel
free
to
just
unmute
yourself
and
go
right
ahead.
J
J
C
Yeah
Kyle
I'd
love
to
I'm
glad
you
asked
that
question.
I
was
worn
out.
That
was,
on
my
mind,
all
time,
Bosh,
it's
so
great
to
see
you
here
and
I.
You
know,
as
you
were
discussing,
this
was
my
experience
in
the
enterprise
as
well.
We
2015
started
getting
excited
about
blockchain
thought
of
it
as
database
and
then
spent
five
years
figuring
out
how
not
to
use
it.
Okay,
so
you
finding
no
traction
for
blockchain
as
a
database.
C
You
put
the
data
for
that
stuff
ever
of
any
kind,
private
or
public,
but
a
public
one
might
be
the
last
mile
of
a
of
the
middleware
that
is
required
to
help
maintain,
may
ensure
and
enforce
consistency
between
your
system
of
record
and
mine,
and
that's
what
baseline
protocol
is
all
about
by
the
way
right
and
now
your
ERP
system
or
your
your
SES
system
or
SEM
system
and
your
finance
system.
You
you
double
down
on
those
you
don't
have
to
replace
them
or
rip
lemma
whip
them
out.
C
You
you
simply
baseline
them
with
and
now
they
the
record
in
your
system.
Is
it
not
only
knows
what
you
think
you
know,
but
is
verifiably
without
repudiation,
knows
what
your
counterparty
knows
on
a
record
by
record
basis,
without
letting
any
data
or
information
out
to
the
rest
of
the
world,
which
is
right,
the
key.
So
all
the
things
that
you
were
saying
about
why
you
wouldn't
use
abroad
came
exactly
right.
In
fact,
that's
why
we
created
a
base
like
Brook.
That's.
A
J
C
One,
the
one
issue:
that's
remaining
on
public
blockchain-
that
he
too
is
really
going
to
have
to
deal
with
is,
is
the
noisy,
neighbor
question
right?
So
even
if
you're,
just
even
if
you're
doing
patch
management
and
ordering
on
the
main
net
and
that's
it
right,
then
your
package
doesn't
have
to
worry
about.
You
know
whether
it's
scales
for
that,
because
you're
not
gonna,
put
any
of
those
data
records
on
the
blockchain.
C
B
I
got
a
question
here:
where
do
you
see
blockchain
and
aetherium
three
years
from
now,
Justin
I
guess
he
won't
mostly
blockchain
in
general,
because
there's
eath,
it's
gonna
be
unpredictable
enough
with
you
know,
with
all
the
phases
for
you
to
coming
up
and
everything
but
yeah.
Where
do
you
see
the
industry
in
three
years
when
it
comes
to
this
stuff,
I
think.
J
From
a
logistics
point
of
view,
I
think
we've
always
thought
that
high
you
use
cases
where
there
is
a
big
bang
for
the
buck
kind
of
thing
that
might
end
up
in
in
in
the
blockchain
space
but
I
think
general.
When
I
talk
when
I
say
high-value,
I'm
talking
about.
Maybe
you
know
about
farmer
shipments
that
you
know
that
shipping
you
know
very
behind
dollar
value
drugs
that
need
to
be
tracked
to
the
end
degree
right,
maybe
those
maybe
some
high-value
or
jewelry
or
some
sort
of
things
like
that.
J
Maybe
that's
where
the
journey
starts
before
we
kind
of
evolved
it
to
everybody,
because
they,
the
the
the
incentive
for
having
information
about
those
transactions
across
multiple
parties,
is
Israel
right.
So
if
you're
shipping,
you
know
firearm
or
something
like
that
or
even
now
call
as
an
example,
you
need
to
know
you
know
who
is
boring
shipping
you
need
to
know,
can
you
cross
state
lines?
Can
you
deliver
it
to
this
entity
bind
so
and,
if
you're
doing
it
across
international
borders?
It's
even
interesting
at
that
point,
so
I
think.
C
C
Even
if
you
think
right
now,
it's
a
nice
little
happy
consortium,
you
don't
really
want
them
to
know
all
those
things
or
you
want
your
your
media
counterparty
to
know
that
you've
taken
the
serialized
lot
and
moved
it
from
you
know
Pfizer
McKesson
right,
but
you
do
not
want
the
pharmacy
necessarily
to
know
about
the
terms
of
the
deal
that
made
that
happen
and
vice
versa
right,
so
you
have
to
have
really
supremely
good
atomic
level.
Compartmental
is
a
while
also
maintaining
continuity
of
workflow,
which
again
is
kind
of
the
point
of
baselining
right.
C
A
J
The
notion
you
run
an
interesting
notion
of
you,
know,
partners
and
companies,
and
you
know
competitors.
You
know
friendly
ecosystem
members
becoming
competitors
right
at
some
point.
That's
a
very
interesting
concept,
right
I
when
I
know
when,
when
I
started,
looking
I
had
this
very
naive
type
thing
like
why
shouldn't
everybody
be
on
one
watching
what's
wrong
with
that
right
and
they've
come
to
sort
of
a
conclusion
that
there
at
least
I
shouldn't
say
conclusion,
because
that
seems
final,
but
I
have
come
to
a
position
where
that
would
probably
will
never
have
a
single
ecosystem.
J
That's
never
going
to
happen!
Okay,
that
doesn't
happen.
Then,
okay,
it's
valid
right,
I'm,
there's
nothing
wrong
with
that.
But
then
how
do
you
tie
these
different
ecosystems
together,
like
what
do
you
use
that
and
and
as
you're
tying
it?
You
know?
How
do
you
pass
markers
from
one
to
the
other
right
to
say
that
they're,
you
know
this
is
a
marker
in
this
ecosystem.
Go
look
and
that
one
for
that
right.
C
Or
if
you
run
into
a
workflow
element,
yeah
like
if
you
run
into
a
workflow
years
after
you
created
your
workflow
and
now
you've
got
to
call
a
network
administrator
and
argue
about
which
blotching
you're
going
to
use.
That's
a
terrible
idea
all
right,
but
if
you
can
say
look
you
know
we
both
have
our
anchors,
our
hashes,
our
workflow
proofs
on
the
main
net.
Then
we
can
say
well,
nobody
knows
what
those
are
there,
just
like
randomness
to
everybody
else,
but
I
can
integrate
step.
J
They're
not
going
anywhere,
unfortunately,
so
they
they
are.
They
are
the
root
of
many
many
many
many
many
integration
points
so
for
the
short
term.
They
are
not.
They
are
not
going
anywhere
they're
established.
So
when
we
talk
about
EDI
right,
so
the
fundamental
things
with
EDI
I
think
the
essence
of
it
is
there
in
the
blockchain.
J
But
what
EDI
does
today
is
not
what
we
want
to
do
with
blockchain
right
so
EDI
as
an
example,
because
between
two
parties
or
more
I
could
say
you
know
threaded
end
parties,
but
but
essentially
two
parties
and
you're
passing
you
know.
Your
core
data
between
the
two
between
220
days,
back
and
forth
and
EDI
by
itself
provides
a
whole
lot
of
features
right,
playback,
redressing
it's
security
encryption.
It
just
comes
in
a
default
with
with
the
package
by
adopting
easy
on
the
fare.
J
As
if
you
look
at
blockchain
we're
saying
that
we
don't
want
as
much
data
flowing
through
the
blockchain.
We
want
some
sort
of
representative
notion
of
the
data
so
and
then
blocked
in
by
itself
provides.
You
know
some
of
the
features,
but
it's
not
again.
It's
not
a
one-to-one
match,
so
I
do
believe
that
EDI
kind
of
will
exist
and
it'll
exist
for
for
foreseeable
future.
It's
not
going
anywhere.
B
A
Alright,
so
what
we
got
so
it's
about
1:45,
like
we
managed
to
stay
more
or
less
on
on
schedule
today.
The
next
thing
that
we're
going
to
do
are
some
breakout
sessions.
They
all
start
it
at
5
after
two
I'm
gonna
I'm
gonna
drop
the
link
in
in
chat
for
each
of
them
there's
also,
if
you
go
to
be
thaty
all
calm
and
scroll
to
the
bottom,
you
can
click
on
the
breakout
session,
you're
interested
in
and
you
can
join
it.
There's
a
link
to
the
same
meeting
on
there
on
each
of
those
sessions.
A
A
Maybe
not
so
I'm
gonna
post
the
links
to
each
of
the
breakout
sessions
here
in
the
chat
momentarily.
Take
a
15
minute
break
Etha
comm
has
the
links
to
the
breakout
sessions.
I
think
today
was
first.
The
first
part
of
this
event
has
been
has
been
pretty
awesome,
thanks
for
it
to
everyone
for
for
coming.
Thanks
to
all
the
speakers,
think
it's
think
it's
a
pretty
insightful
a
lot
of
a
lot
of
potential.
A
The
baseline
protocol
I
would
very
much
recommend
if
you're
a
developer
or
have
ideas
for
your
business
to
join
a
community
baseline
protocol
baseline
protocol
that
work
during
the
slack
you
know
it
hit
us
up,
were
pretty
we're
pretty
open
to
having
conversations
and
building
pretty
awesome
stuff.
From
my
perspective,
it's
very
awesome.
A
I
think
the
baseline
community
and
the
baseline
protocol
is
sort
of
what
what's
needed
to
to
really
push
enterprise
adoption
to
the
next.
You
know
into
a
noticeable
noticeable
level
and
yeah
thanks
thanks
a
lot
for
coming
today
join
the
breakout
sessions,
the
breakout
session
that
you're
interested
in
and
enjoy
those
discussions.
Thanks
again,
all.