►
From YouTube: Baseline Show - India :: Saturday 6 PM
Description
The official office hour for Baseline Protocol for the Indian community.
Hosted by Samrat Kishor
A
Hey
everyone,
my
name
is
sumrat,
and
I
welcome
back.
Welcome
you
back
one
more
time
on
the
baseline
show.
We
do.
This
baseline
show
every
saturday
at
6
00
p.m.
In
india,
it's
the
official
office
hours
of
baseline
protocol,
the
way
we
are
building
it,
it's
a
it's
an
up
and
coming
community
and
we're
seeing
some
real
interest
from
huge
companies
already.
A
A
And
I'll
let
him
talk
more
as
as
the
time
goes,
but
thank
you
so
much
once
again
for
tuning
in
to
the
show
and
or
if
you're,
watching
this
video
at
a
later
date.
It's
it.
This
entire
protocol
is
being
built
on
the
power
of
community.
Thank
you
so
much
for
it.
I
will
keep
welcoming
you
each
time
each
saturday,
because
I
know
for
sure
that
there
are
new
people
joining
in.
There
are
repeat
viewers,
but
there
are
new
people
joining
in
every
saturday.
A
So
thank
you
so
much
guys
if
you're
watching
this
for
the
first
time,
there's
a
link
in
the
description
here,
which
you
see
go
to
the
baseline
protocol.org.
There's
a
tab
called
get
involved.
You'll
get
all
the
links
there
to
join
our
slack
community
to
to
to
to
subscribe
to
the
youtube
channel
to
join
the
telegram
group.
A
Just
stay
involved,
just
keep
listening
to
the
updates
or
if
you're
watching
us
on
youtube
do
hit
subscribe,
do
hit
the
bell
icon
because
we
keep
making
a
lot
of
announcements
on
the
channel.
We
are
changing
the
format
of
the
show.
There
are
two
versions,
as
most
of
you
may
know,
that
there
are
two
versions
of
the
show
running.
Currently
one
is
the
u.s
or
the
global
version,
and
then
there
is
this
india
community,
launched
by
myself.
A
We
do
this
every
saturday
so
that
people
learn
in
the
comfort
in
their
own
comfort
zone.
It's
it's
happening
in
the
evenings.
People
are
done
with
their
day.
Very
interestingly,
we've
got
some
some
fantastic
comments
on
the
past
speakers
and
the
line
of
questioning,
and
you
know
what
all
potentially
can
be
done
on
the
show.
So
please
keep
your
suggestions
coming.
We
really
appreciate
it
now
coming
to
today's
panel.
A
Today's
show
extremely
extremely
important
if
you
have
heard
about
sustainability,
if
you,
if
you're
curious
about
sustainability,
climate
change,
if
you
do
consider
climate
change
or
the
imminent
risk
arriving
out
of
climate
change
to
be
a
real
emergency,
then
today's
show
is
for
you
so
so
do
keep
watching
do
ask
questions.
We
are
live
on
youtube
as
well,
so
we'll
be
taking
up
questions
from
youtube
live.
Our
our
speakers
are
here
so
I'll
start
with
shibuya
shibuya
is
the
is
the
ceo
co-founder
and
director
of
intro
blogs
capital.
I
will.
A
I
will
invite
you
to
introduce
yourself
and
sort
of
talk
about
what
has
been
your
motivation
working
in
this
industry
and
what
and
doing
what
you're
doing,
along
with
my
we
have
cedric
cedric
is
also
a
co-founder
and
director
in
infoblox
capital.
A
A
That's
one
of
the
biggest
auditing
firms,
carbon
auditing
firms
on
on
the
planet
and
and
of
course
we
have
mohan
who's,
our
very
own
baseliner
he's,
I
think
one
you
you're
you're,
you
know
you
and
I
both
we've
we've
spent
over
an
hour
over
a
year
right
in
the
baseline
community.
It's
it's
been
more
than
that,
so
so
yeah,
I
would
call
you
you
know
our
stalwart
in
in
the
baseline
community,
so
so
yeah
with
that.
Let's
kick
it
off
over
to
you
supermoy.
Why?
Don't
you
go
ahead?
A
Tell
a
little
more
about
yourself,
your
motivations
and,
and
you
know,
sort
of
give
a
tldr.
You
know
sort
of
you
know
what,
if
somebody
was
to
hear
about
sustainability
or
climate
change
for
the
first
time
or
or
especially,
investing
in
climate
change
and
sustainability
for
the
first
time.
What
would
you
want
the
three
things
that
you
would
want
them
to
know.
C
Yeah
thanks
so,
but
thanks
for
having
us
here
on
on
this
show
cedric
and
I
we
co-founded
infoblox
in
2019.
We
conceived
it
in
2018
through
multiple
discussions,
and
our
biggest
motivation
was
that
when
we
saw
that
there
were
a
lot
of
green
tagged,
events
happening
around
the
world
which
were
actually
not
green
and
which
were
manipulated
in
terms
of
the
green
outcomes
that
were
being
declared,
be
it
energy,
be
it
in
the
in
the
social
system
like
land
acquisition,
education,
distribution
of
aids
and
grants.
C
So
we
felt
that
there
was
a
need
for
for
objective
on
ground
measurement
of
impact
and
reporting
it
in
a
very
unbiased,
transparent
manner,
preferably
through
a
system
which
is
self-auditing.
So
that's
why
we
brought
in
the
blockchain
concept
in
this
that
you
collect
this
information,
put
them
out
on
blockchain,
so
they're
untampered,
they're,
self-audited
and,
and
they
stay
there.
They
stay
there
at
the
time
stamp
been
a
great
journey.
C
We
have
been
working
with
some
great
corporations
and
dfis
around
the
world
in
the
last
two
years
of
being
here
and
out
of
which
one
year
was
taken
away
by
a
virus,
and
so
so
yes,
my
previous
experience,
has
been
20
years
in
project
finance,
primarily
energy
and
started
with
the
when
they
started
vacation.
Sorry,
the
dirtiest
variety
of
fossil
fuel
coal-fired
power
plants
moved
from
there
to
green
energy
of
wind
hydro
from
there
to
further
green
and
and
distributed
soda,
which
is
like
not
only
just
green.
C
So
so
that's
what
has
been
the
background
and
the
motivation,
as
I
said,
was
to
be
able
to
measure
and
report
impact
in
a
space
where
it
is
often
used
like
punchline
and
without
any
seriousness,
and
I
believe
we
have
done
a
great
job.
We
have
a
fantastic
technical
partner
at
ibt,
which
cedric
will
talk
about
later.
C
For
me,
you
know,
and
you
ask
for
a
few
things
on
sustainability,
so
we'll
come
to
this
in
the
later
part
of
the
show.
I
think
it's
very
important
to
take
out
a
few
minutes,
and
I
was
talking
somewhere
yesterday
and
there
was
this
discussion
came
up.
You
know
what
is
esg
financing
so
so
people
keep
confusing
between
esg
and
sdg
and
almost
use
them
interchangeably,
which
is
which
is
actually
not
correct.
Esg
is
not
a
business
model.
It's
a
way
of
life.
Yeah
sdg
can
become
a
business
model.
C
A
Awesome
awesome
now
that's
a
that's
a
stellar
introduction
and
thank
you
so
much
for
taking
like
taking
out
time
and
talking
to
the
baseline
community
today
cedric.
Why
don't
you
go
ahead
next
and
and
talk
a
little
about
yourself
and
what
your?
What's
your
motivation
of
running
and
building
and
running
infoblox.
B
Thanks,
thank
you,
samurai,
thanks
for
for
having
us
today
on
the
show,
hi
everyone.
So
on
my
side,
in
fact,
I
have
spent
my
my
career,
like
around
10
years,
a
bit
more
of
experience
in
in
development
finance,
with
institutions
like
the
like
the
world
bank
working
with
bmp
private.
B
So
in
fact
I
started
in
commercial,
like
investment
banking,
with
dnp
and
after
I
shifted
with
the
french
development
agency,
moved
to
india.
That's
where
I
met
with
sugamoy
and
we
started
working
together
and
after
I
dedicated
really
my
investment
banking
career,
more
into
emerging
markets
and
also
trying
to
to
make
a
positive
impact.
You
know
through
and
trying
to
have
a
kind
of
purpose-driven
job,
and
that's
really
where
you
know
where
it
started
from,
and
I
think
there
is
a
you
know
today.
B
B
B
So
I
think
yes,
that's
the
why
and
and
and
so
why
we
did
start
infrablox
with
subami,
maybe
two
years
back,
we
saw
you
know
after
we
maybe
we'll
talk
more
about
what
is
eag,
what
is
sustainable
finance,
but
what
we
saw
is
that
today
the
main
challenge
is
really
to
demonstrate
the
impact,
so
you
can
say
I'm
doing
green
finance,
I'm
doing
a
sustainable
impact,
but
if
you
are
not
able
to
prove
a
tangible
impact
on
the
ground,
that's
really
the
issue
and
we
saw
the
potential
of
technology
either
blockchain,
but
it's
not
only
around
blockchain.
B
There
are
also
other
sets
of
of
technology
and
also
the
combination
of
different
technologies
together
and
when
you
have
like
the
two
different
worlds
on
one
side:
development,
finance
and
esg
finance
and
on
the
other
side,
digital
technologies.
When
you
combine
the
two
together,
you
can
have
like
some
very
interesting
results,
and
so
we'll
just
stop
here
after
we
can
deep
dive
a
bit
more
into
what's
edg,
why
it's
important
later
on
the
show.
A
You
thank
you
you're
up
next,
tell
us
a
little
about
yourself
and
and
and
your
motivations
of
doing
what
you're.
A
D
Thanks
yeah,
so
I
started
off
approximately
11
years
back
and
it
has
been
quite
the
right
I
must
say,
and
back
in
the
days
the
gujarat
solo
policy
just
came
out,
and
I
started
my
career
with
the
solar
farms
and
graduated
to
green
buildings
and
energy
efficiency
and
stuff,
and
then
worked
in
sustainable
architecture
for
a
bit
and
then
came
to
the
world
of
carbon
auditing.
So
like
like
you
were
just
at
the
beginning
of
the
show.
D
You
were
just
asking
about
what
are
the
three
things
that
people
should
know
who
are
willing
to
explore
more
about
the
world
of
sustainability
and
carbon
auditing.
So
I
I
just
have
to
say
that
this
is
the
right
time
to
be
there,
because
it's
it's
really
picking
up
pace
and
people
have
actually
started
giving
this
more
weightage
and
more
seriousness.
The
way
it
deserves.
D
It's
it's
a
burning
topic
since
quite
a
long
time,
but
people
were
more
towards
their
profits
towards
their
own
operations,
business
as
usual,
but
now
they
have
actually
started
to
think
and
develop
more
on
the
same
line.
So,
having
said
that,
there
have
been,
there
has
been
a
rather
huge
paradigm
shift.
I
would
say
when
it
comes
to
what
the
world
is
seeing
these
days
ever
since
joe
biden
took
the
office
and
ratified
the
paris
agreement
once
again,
which
mr
trump
decided
to
exit.
D
So
there
has
been
a
drive,
and
there
has
been
a
very,
very
strong
motivation
in
the
companies
based
out
of
the
u.s,
especially
to
declare
the
net
zero
targets
to
go
for
decarbonization.
D
So
all
in
all,
it
is
resulting
in
a
in
a
way
which
we
are
just
seeing
to
begin
and
and
the
plethora
of
projects
that
we
are
seeing
these
days.
It's
it's
quite
something
in
itself,
so
from
carbon
emission
avoidance
in
dairy
farms
to
plantation
and
replantation
in
the
mangroves
and
coral
reef
restoration.
So
everything
is
happening
so
like
we
were
also
discussing
offline
as
well.
That
baseline
has
got
a
big
role
to
play
here
and
the
blockchain
tech
in
itself.
D
So
it's
it's
quite
something
which,
which
you
know
drives
me
all
the
time
to
have
more
conversations
with
you
and
be
a
part
of
this.
Thank
you
very
much.
Once
again-
and
yes
so
I
I
really
feel
that
blockchain
has
got
a
lot
to
play
when
it
comes
to
the
monitoring,
reporting
and
verification
part
of
any
any
type
of
data,
so
whether
that
be
for
a
carbon
avoidance,
whether
that
be
for
esg
reporting,
whether
that
be
for
anything
that
you
can
use
it
for.
D
So
I'm
I'm
really
excited
looking
forward
to
this
discussion
and
yeah
over
to
you
guys.
A
No
excellent
excellent
also,
I
think
you
know,
let
me
let
me
sort
of
throw
an
open
question
of
you
know
who
wants
to
pick
it
up.
So
it's
it's
it's
if
I
were
to
so
there
are
two
types
of
people
that
I
see.
One
is
you
know
you
know,
including
myself.
A
I
used
to
think
that
sustainability
means
doing
good
things
and
not
every
business
is
doing
good
things,
and
I
and
now
that
was
like
way
back,
but
then
eventually
I
graduated
to
a
level
where
I'm
now
also
on
the
board
of
a
company
which
is
a
b
corp,
so
so
my
journey,
I
mean
I
took
a
journey
and
there
were
people
involved,
including
yourself,
that
you
know
who
has
sort
of
educated
me
towards
that
direction,
that
you
know
it's
so
much
more
than
just
doing
good
things,
because
I
always
thought
that
you
know
doing
good
things
means
ngo,
that's
a
different
thing
altogether.
A
So
so
these
are,
these
are
common.
You
know
misconceptions
that
a
lot
of
people
may
carry
I'm
not
calling
them
fools,
I'm
calling
them.
You
know
maybe
busier
in
their
lives
with
other
things.
So
so,
if,
if
you
were
to
give
two
or
three
pointers
to
people
to
look
at,
you
know
what
they
can
do,
how
they
can
participate
in
this
economy?
C
C
Of
businesses
which
do
not
comply
with
esg
criteria
at
all,
so
you
can
say
you
can
say
you
know
alcohol,
which
is
not
like
ethanol
going
into
fuel.
But
you
say
alcohol,
tobacco
brothels,
so
you
say
they're,
absolutely
they
they
they
cause
harm
and
they
do
not.
They
do
not
comply
and
they
are
completely
exclusionist.
C
And
then
you
start
getting
into
businesses
which
do
not
cause
harm
and
when
you
say
harm
it's
it's
harm
to
the
larger
society
yeah.
So
there
you
have
then
buckets.
You
have
a
larger
bucket,
which
is
actually
avoid
hub,
that's
responsible
investment,
and
then
you
say
I
not
only
have
to
avoid
harm,
but
I
also
do
something
which
benefits
all
stakeholders
and
stakeholders
who
are
involved
in
the
project
in
any
way
direct
indirect.
So
it
can
be
your
smallest
of
employees
and
laborers
or
contractors
to
your
shareholders.
C
Lenders,
institutions,
government,
regulators,
everyone,
so
that
it's
there's
a
holistic
benefit
for
all
stakeholders.
Then
you
are
moving
towards
an
sdg
compliance.
You
know
all
those
17
candy
boxes
of
sdg
that
you
have.
You
are
picking
out
one
of
those
or
more
of
those
and
saying
I
am
actually
complying
to
furthering
these
goals
and
then
the
third
even
deeper
inside.
That
is
when
you
contribute.
C
A
C
Do
something
in
a
way
where
you
bring
in
disruptive
change
like
and
contribute
to
solutions?
Then
that's
actually
impact,
so
that
lies
much
much
deeper.
So
so
this
is
just
you
know
just
to
break
down
what
you
just
said
that
how
is
how
does
sustainable
investment
work
in
all
businesses,
I
mean
all
businesses
will
have
some
good
for
someone,
otherwise
they'll
not
be
doing
that
business.
But
how
do
you
segregate
businesses,
which
are
eligible
for
being
responsible
investment
for
sdg
compliant
investment
or
for
impact
investment?
A
B
A
Right
now:
okay,
no
okay,
so
there's
a
baseline
tune,
which
we
have.
We
generally
play
that
in
the
shows
and
sometimes
happy.
So
it
was
right
here
and
I
don't
know
for
some
reason
via
the
bluetooth
or
something
it
just
started
playing
in
my
head.
So
I
couldn't
hear
the
last
five
seconds
of
what
you
were
saying,
and
I
thought
that
maybe
because
of
that
you
stopped
I'm
so
sorry.
So
no
so
this
is.
This
is
a
very
interesting
perspective.
A
Sugar
moy,
so
you
brought
in
the
investment
side,
but
for
assets
for
for
any
assets
or,
let's
say
derivatives
to
be
investable.
You
know
so
to
say
what.
C
A
The
intrinsic
value
that
we
see
here
or
anybody
sees
it
of
course
today,
every
every
fund
manager
wants
exposure
towards
esc
funds.
You
know
towards
esc.
So
so
what
is
the
intrinsic
value?
People
see?
You
know
one
is,
of
course,
purely
from
making
money
from.
What's
what's
the
what's
the
intrinsic
value
which
companies
see
in
in
doing
this
stuff.
C
Yeah,
so
just
just
tell
I'll
just
step
in
here
before
you
know:
others
come
in
that,
let's,
let's
not
use
asg
and
sdg
esg
is
kind
of
a
lens.
You
know
you're,
saying
environmental,
social
governance.
You
are
trying
to
follow
a
governance
principle
which
your
shareholders
are
going
to
ask
for.
So,
for
example,
do
you
have
fair
representation
of
women
in
your
company?
C
The
answer
is,
you
know.
As
per
the
u.n
and
world
bank
estimate,
they
say
that
if
you
have
one-third
women
in
your
workforce,
35
percent,
they
say,
then
you
have
you
have
enough.
You
are
near
the
tipping
point
because
at
35
percent
they
start
getting
hurt
because
enough
people
talking,
but
it's
it's-
it's
not
possible
to
achieve
it
to
attain
it
to
a
50-50
level
immediately
right
now
it
may
happen
over
a
period
of
time
and
at
35
percent.
They
say
it's
a
tipping
point
so
so
that
that's
the
gender
lens.
C
Similarly,
your
social
governance,
you
know
when
you
go
about
doing
your
business.
What
concerns
do
you
show
for
the
society?
Now?
These
are
not
revenue
drivers.
These
are
not
revenue
models,
business
plans
or
models,
model
or
business
plan
on
the
sdg
goals,
but
esg
is
just
to
doing
business
in
a
better
and
more
responsible
way
and
why
it
is
important
because
you
will
have
a
financial
value.
C
So
when
you
say
esg
investing,
you
are
not
investing
investing
internally
to
do
capacity,
building
within
your
staff
so
that
they
become
sensitized
to
esg
and
they
start
complying
with
this.
They
start
complying
it
under
becomes
a
way
of
life
for
them,
and
you
know
it
just
becomes
a
second
nature,
and
why
you
do
that?
Because
you
invest
you
spend
time
you
possibly
not
do.
A
lot
of
you
know.
C
A
A
So
so
it's
it's
maybe
it
may
be.
You
know
something
as
bad
as
child
labor,
for
example.
Now
there
are
tons
of
compliances
around
that
and
I
may
be
making
a
complex
product
which
has
sort
of
200
suppliers
giving
me
stuff
and
then,
as
a
corporate,
I
may
have
a
challenge
in
tracking
compliances
of
all
those
200
suppliers
right.
So
so
there
are.
So
that's
one
opportunity.
You
know
I'll
just
park
it
for
now
park
this
idea
for
now
and
then
we
can
come
back
to
it
later.
You
want
to
talk
about.
B
Yes,
maybe
to
do
to
build
on
what
you
just
said,
and
also
summarize
what
you
were
mentioning
before,
because
you
you
mentioned,
you
know
the
ngos.
I
mean
the
world
of
ngos
and-
and
some
of
you
know
the
population
today,
which
is
very
focused
on
you-
know,
delivering
impact
and
not
at
all
focused
on
financial
returns.
So
we
we
have
a
slide.
I
don't
know
if
you
have
it
super
mario,
but
it's
typically
the
way
we
introduce
either
sustainability,
sustainable
finance
or
eag
or
green
finance.
B
Are
trying
to
to
find
it?
I
didn't
find
it
so
so
so
before
you
had
like
two
words,
which
were
totally
you
know
independent
the
word
of
philanthropy,
which
was
only
making
donation
with
the
objectives
either
to
reduce
poverty,
or
you
know,
to
fight
climate
change,
but
only
focused
on
the
impact.
B
On
the
other
side,
you
had
the
world
of
commercial
investors,
which
were
only
focused
on
financial
returns
and
not
at
all,
trying
to
to
make
a
positive
impact,
and
today,
15
years,
a
bit
more,
you
have
the
world
of
either
sustainable
impact,
finance
and
the
world,
in
fact
of
impact
investment.
It's
very
it's
quite
recent.
It's
from.
C
A
B
B
Yeah
exactly
and
so
yeah,
so
you
see
on
the
left
philanthropy
on
the
right
traditionally
investing
and
what
we
have
at
the
bottom
is
like
the
sdg
or
the
you
know
like
impact
focus.
So
between
these
two
words,
you
have
like
quite
a
few
players.
So
there
is
what
we
call
impact
investment
which
is
more
related
to
philanthropy,
but
still
trying
to
make
some
financial
returns
but,
like
their
prior
concern,
is
having
a
positive
impact
so,
for
instance,
everything
related
to
microfinance.
B
That's
something
we
would
have
in
this
one,
because
typically,
a
microfinance
institution
is
a
bank
lending
to
the
poor
and
which
is,
you
know,
counterintuitive
for
for
the
traditional
world.
After,
if
you
see
on
the
right,
there
is
sdg
thematic,
investing
so
hdg
you
have
like
17
united
nations,
sustainable
development
goals
and
these
investors
they
are
like
focus
on
specific
thematics.
So
it's
either
clean
energy.
It
can
be
education,
health
care,
and
they
really
focus
on
this
specific
thematics
and,
as
summer
was
saying
on
the
right.
B
You
see
eag
integration,
so
eng,
environmental,
social
and
governance,
it's
more
something
they
include
in
their.
You
know
their
strategy
investment
strategy,
but
it's
not
necessarily
something
that
they
are
looking
for,
so
it's
more
like
in
their
risk
analysis,
they
will
incorporate
or
include
it,
but
they
don't
necessarily
like
try
to
have
like
a
a
positive
impact.
So
it's
like
these
two,
like
you
know,
if
we
try
to
define
sustainable
finance
or
sustainable
investing,
it
will
include
all
these
components
and
each
of
them
have
specific
characteristics.
B
Maybe
I
just
wanted
to
add
the
one
thing:
it's
why
you
know
sustainable
investing.
It
has
been
today
why
we
believe
that
it's
here
to
stay
and
it's
driven
by
like
strong
fundamentals,
because
some
some
of
the
things
that
we
we
hear.
Sometimes
you
know
whether
in
the
news
so,
for
instance,
from
green
finance
or
renewable
energies,
some
people
are
saying
it's
like
a
bubble
and
yeah.
You
know,
and
there
is
a
hype.
It
can
be
the
same.
So
it
was
the
same
in
microphone
as
before.
B
It
can
be
the
same
in
carbon
carbon
reduction.
But
you
know
on
our
side
we
editing.
B
We
have
identified
three
elements
which
show
that
it's
here
to
state
the
first
one
is
that
you
have
a
shift
of
generation.
Today
you
have
the
generation
of
what
we
called
the
millennials.
You
know
like
these
teenagers
are
very
into
impact,
and
and
but
now
they're
getting
older
and
they're
more.
You
know
getting
it
into
decision
making
or
invent
even
for
investment.
So
there
is
a
new
generation
which
is
coming
up,
which
is
very
into
sustainability
and
for
the
only
reason
that
they
have
seen
it,
like.
B
You
have
seen
like
this
summer
with,
like
the
like,
the
fires
in
the
first
trees
in,
I
think.
A
B
Also
in
europe,
the
c.
A
B
Kavit
can
be
related
to
sustainability,
so
they
have
seen
it.
So
it's
a
generation
which
is
conscious
of
of
this
issue
yeah
the
second
driver
that
we
see
that
today
there
is
evidence
there
is
data
evidence
which
show
that
you
can
have
profitability
and
positive
impact.
B
So
you
can
do
both
before,
like
maybe
10
15
years
ago,
when
you
were
saying
that
you
want
to
have
positive
impact
and
make
returns,
you
were
not
considered
seriously
because
you
didn't
have
like
data
to
to
evidence
to
to
bet
to
you
know
to
to
prove.
B
But
today
you
have
investors,
you
have
several
funds
which
have
done
investments,
they
have
exited
and
they
show
like
the
track
record
of
very
good
financial
returns
and
positive
impact,
and
I
think
the
third
one,
which
is
very
important
as
well,
is
that
you
have
a
push
from
international
institutions
from
the
government
from
public
authorities
and
that's
why
you
see
all
these
frameworks,
like
sdgs
gri,
sas
b,
all
these
acronyms
coming
up,
and
you
have
like
a
trend
going
to
a
global
regulation
for
sustainable
impacts,
and
what
we
believe
is
that,
within
the
next
10
years,
you
will
not
be
able
to
make
an
investment
without
demonstrating
the
eag
impact
of
the
erg
consideration.
B
A
Absolutely
I
think
in
fact
you
know
what
what's
exciting
is
the
sdg
17
itself
is
about
about
financing
the
the
other
16.
So
it's
it's
and-
and
you
know
kudos
to
to
the
two
of
you-
you
know
for
setting
up
infoblox
and
and
doing
what
you're
doing
it's.
It's
really
interesting.
Intriguing
people
have
done
a
lot
of
talk,
but
no
walk
on
this
area.
A
So
so
kudos
to
you-
and
you
know,
let
me
bring
in
mohan-
you
you've
been
you've
been
involved
in
a
lot
of
in
you
know
what
you
were
doing
with
up
john
and
then
you
sort
of
pivoted
towards
more
of
us.
You
know
a
sustainably
conscious
business
right.
You
know
talk
a
little
more
about
this
one.
E
Yeah,
this
is
absolutely
fantastic.
I
mean
I
didn't
quite
realize
that
you
guys
were
doing
what
you're
doing
this
is.
This
is
quite
amazing
just
to
give
you
so
back
in
early
2019
we
started
a
social
networking
platform
for
specifically
for
travel,
and
when
we
you
know,
basically,
the
idea
was
to
help
people
kind
of
contribute
content,
and
you
know
how
people
discover,
you
know
travel
opportunities
and
we
felt
there
was.
E
You
know
something
there,
which
was
a
little
different
than
what
you
could
do
on
instagram
and
so
on.
But
you
know
when
we
launched,
you
know,
kobe
came
along
and
what
we
realized
was
the
industry
feeling
was
that
things
won't
revive
till
2024
and
venture
capitalist
said
that
you
know
under
any
good
circumstance
of
times.
You
know,
travel
is
probably
not
the
you
know,
investment
we
seek.
E
This
is
majority
right,
you're,
you're,
looking
at
large
scale
and
equal,
which
is
obviously
a
bad
thing,
so
we
decided
pivot
and
some
of
our
users
were
actually
involved
in.
You
know
sustainability
or
a
sustainable
travel,
and
they
said
well.
Why
don't
you
consider
that?
And
we
looked
at
it
and
we
said
okay,
maybe
we
can
go
a
little
further
and
look
at
sustainability,
but
not
to
say
that
sustainability
from
a
cliche
standpoint,
but
something
concrete.
What
we
decided
to
we
do
address
was
zero
waste,
so
basically
55
percent
of
household
waste.
E
You
know
households
create
54
percent
of
municipal
solid
waste,
so
we
wanted
to
figure
out.
You
know
what
the
challenges
were,
why
you
know
how
how
you
know
sort
of
different
countries-
and
you
know
how
different
areas
kind
of
organized
all
this.
Is
there
a
consistent
approach?
You
know
what
is
happening
and
we
realize
that
zero
waste
management
is
different
things
in
different
places
and
so
what
we
we
actually
are.
E
So
there
is
a
movement,
that's
now
spreading
to
delhi,
chennai
and
so
on
so
forth.
In
fact,
I
live
in
new
york
city
and
my
team
is,
I
think,
there's
a
couple
of
them.
I
think
in
france
there
is
most
of
it
are
in
india,
and
so
what
we're
doing
is
we're
trying
to
we're
building.
We
are
building
community
to
help
households
and
small
businesses
to
shepherd
them.
The
community
shepherd
them
through
to
zero
waste
lifestyle.
So
it's
more
like
the
esg
kind
of
thing.
Zero
is
lifestyle.
E
E
So
that
would
be
the
goal
and,
and
so
what
we're
trying
to
do
is
we're
trying
to
make
this
exciting,
knowledgeable,
learning
and
build.
You
know
that
this
is
a
certain
amount
of
gamification,
but
fundamentally
getting
people
more
aware
doing
little
things
that
are
impact.
So
we
look
at
zero
households
as
a
black
box
and
we're
going
to
talk
about
households
with
small
businesses
as
well.
If
you
look
at
it
as
black
box,
you
got
inputs
and
you've
got
outputs.
You
know,
inputs
are
what
you
buy.
E
Outputs
are
what
you
produce
and
many
times,
there's
not
enough
of
the
right
products
to
buy
and
on
the
output
side.
You
know
you
don't
know
what
to
do.
You
don't
know
how
to
segregate
and
you
don't
know
what
it
what
where
it
goes,
there's
no
transparency
or
there's
no
follow-up.
I
mean
you
know
where
to
give
it.
So
what
we
decided
to
do
is
we
decided?
Okay,
this
all
these
notions
of
circular
economy
reverse
supply
chain.
All
of
them
are
just
buzzwords.
E
We
have
to
make
this
happen,
so
we
have
got
to
focus
on
bringing
community
to
build
awareness
which
is
different
in
different
places,
just
help
each
other
move
along
and
then
basically
support
a
group
that
will
essentially
make
this
supply
or
value
chain.
If
you
want
to
call
it
that
better
products
coming
in
ecopreneurs,
creating
better
products
and
on
the
output
side,
ecoprinters,
who
facilitate
the
handling
and
the
disposal
and
upcycling
recycling
of
of
waste
right.
So
there's
two
constituents,
the
households
and
the
ecopreneurs.
E
What
we're
trying
to
do
is
we're
trying
to
basically
get
that
sort
of
growing,
but
initially
focusing
on
the
community
development
aspect
of
the
households
and
then,
when
there's
critical
mass,
we
figured
or
it's
we're
actually
getting
a
lot
of
people
who
want
to
do
who
are
on
the
platform
who
are
looking
to
sell
courses
or
looking
to
sell.
You
know
new
products,
etc.
So
we're
hoping
that
there
could
be
a
finance
aspect
as
well,
so
we're
looking
at
blockchains
we're
looking
at
tokenization
of
the
platform,
but
we're
also
looking
at
we
we're.
E
We
were
actually
thinking
of
something
down.
The
road
is
something
with
green
credits
or,
as
you
know,
zero
waste
or
green
credits
which
is
analogous
to
carbon.
But
what
we're
trying
to
do
is
we're
trying
to
get
money
into
facilitating
the
ecopreneur
development
on
both
sides
of
the
equation.
If
you
will,
and
for
that,
I
think
for
what
you
guys
are
talking
about.
E
I
think
it
really
segues
mostly
because
you
know
we
need
sources
of
finance
whether
it's
like
you
know,
I
look
back
to
the
old
grameen
bank
concept
or
the
or
the
the
acumen
funds
that
used
to
be
paid
in
new
york,
which
is
to
have
a
return
on
investment.
E
If
we
are
able
to
build
the
early
adopter
and
the
innovator
base
effectively
around
the
world
right
now
around
the
world,
then
essentially
what
you
have
is
a
cohort
of
passionate,
zero
wasters,
and
that
is
a
that's
a
marketable
audience.
That's
a
marketable
audience,
I
mean
for
any
product,
and
so
we
look
at
that.
As
you
know,
yes,
it's
an
opportunity
for
online
marketing
dollars,
it's
an
opportunity
for
online
product
sales.
So
for
us
we
don't
even
have
to
worry
about
necessarily
making
money
off
transactions.
E
E
It's
really
providing
value
and
building
the
audience
so
shepherding
the
audience
is
going
to
be
the
biggest
challenge
we
face
and
right
now
we're
growing
where
we're
targeting
indian
growth.
You
know
because
I
think
developing
africa
we
have
partners.
Now
I
mean
we
have
folks
both
in
india
and
africa
and
so
we're
looking
at
building
up
those
two
places.
First,.
A
D
E
Yes,
that's
just
to
give
an
example.
My
background
yeah,
I
was
an
early
team
member
of
a
company
called
tipco,
which
is
enterprise,
integration
and
business
workflows,
and
I
was
just
very
curious
about
the
next
third
generation
of
you
know.
Technology
around
baseline
are
solving
integration
problems
with
security,
and
so
that's,
how
is
that
involved
in
baseline.
C
E
Yeah,
so
the
tokenization
aspect
of
this
stage
is
is
remains
to
be
seen,
so
we
looked
at
two
types.
So
the
token
this
general
token
and
they're,
you
know
so
the
tokenization
wise.
If
you
look
at
you,
know
someone.
Basically,
if
someone,
let
me
look
at
it
this
way,
so
the
tokenization
would
be
where
you
get
you're
you're
you're
you're,
facilitating
you're,
an
entrepreneur
you're
facilitating
your
the
process,
you're
selling
products
et
cetera,
et
cetera,
and
there
is
a
build-up
of
tokens
based
on
on
creating
value.
E
So
if
you
are
a
ecoprinter,
that's
facility
doing
something
useful
that
is
facilitating
the
community.
You
get.
You
know,
tokens
issue.
So
it's
it's
more!
Like
you
know,
if
you
want
to
talk,
it's
like
your,
you
know,
sort
of
just
you
know
credits.
You
know
that
you
get,
and
so
those
credits
basically
can
be
monetized
by
you
know
and
through
you
know,
people
deciding
to
financially
support
the
the
the
individual,
in
which
case
then
there's
the
swap
of
these
credits
for
for
for
for
for
money,
but
we
wanted
to
create.
E
We
wanted
to
create
a
monetary
system
that
was
basically
one
which
is
you
know
it's.
It's
gonna
make
this
a
stable
coin
on
the
system
that
people
can
invest,
you
know
buy
and
that
use
that
to
invest
in
in
in
in
projects.
But
at
the
same
time,
people
who
are
facilitating
the
the
zero-waste
community
are
getting
tokens
issued.
Basically
your
what
is
it
called
your
credits
for
the
work
that
you
do
so
if
you,
for
example,
one
of
you,
for
example,
are
providing
waste
right.
E
Typically,
today
you
provide
waste
you're,
providing
a
lot
of
the
you
know,
interest
in
doing
sustainable
activity,
but
what
if
your
waste
is
actually
down,
the
road
is
actually
creating
value,
meaning
it's
upcycled
recycled,
it's
creating
value,
and
basically
you
want
some.
You
know
you
get
something
back
for
it.
E
So
if
there
is
a
product
that
some,
if
someone
collects
a
whole
bunch
of
this
raw
material,
so
we
look
at
waste
as
an
asset
right,
so
if
it
becomes
an
asset
and
it's
traded
or
sold,
then
on
the
platform
the
transaction
is,
is
caught
and
any
revenues
that
are
that
are
generated.
A
part
of
it
is
sequestered
by
you
know,
as
a
contract
by
virtual
contract
up
the
chain.
E
So
money
will
actually
flow
back
through
the
people
who
are
part
of
the
value
chain
according
to
a
contract
and
even
the
households
who
provide
the
resources,
get
something
back
right.
That
would
be
the
ideal
kind
of
model
where
you
would
see
the
coin
as
being
used,
but
it's
the
different
types
of
points.
Derivatives
may
be
derivative
coins,
but
at
this
point
in
time
that's
not
even
a
a
concern
right
now,
because
we're
building
community-
and
so
the
coins
are
less
interesting
at
this
stage
in
the
game.
C
We
go
yeah
so
so
the
way
way
I
am-
I
mean
I
I'm
I'm
involving
you
and
thinking
on
this.
The
way
you
are
looking
at
this
becoming
is
this
possibility
can
become
some
kind
of
a
philanthropic
cer.
So
this,
like
the
certified
emission
ratings,
you
know
currencies
you
had
or
the
other
certificates
you
had
in
the
u.s.
You
have
the
renewable
energy
certificates
rdcs.
E
I
look
at
you
guys
what
you're
doing
you're
offering
a
structure
behind
my
my
sort
of
more
wishful
thinking
right,
there's
there's
a
certain
amount
of
of.
I
mean
all
of
this
kind
of
makes
sense
the
10
000
foot
level,
but
when
you
actually
come
and
implement
something
it
may
not
work
right.
There's
got
to
be
a
a
formal
methodology
that
people
are
familiar
with
right
and
I,
when
I
look
at
what
you
guys
are
doing,
I
see
that
there's
a
formalism
behind
this
there's
a
this
method.
E
I
remember
15
years
ago,
at
columbia,
university
there
was
an
account
and
the
accounting
professor
was
you
know,
was
pushing
this
idea
of
social
return
on
investment,
and
this
is
the
early
days
of
you
know,
acumen
fund
and
all
of
that
and
the
idea
was
well.
You
know
all
of
them
are
off
balance
sheet
items.
There's
nothing!
E
C
Yes,
and,
and
while
these
tokens
initially
are
not
underpinned
to
a
financial
asset,
what
we,
what
you
will
see
is
you
will
see
a
delta
in
your
share
price
movement
because
of
these
tokens.
You
have-
and
you
report
saying
so
so
there
would
be
people
who
would
be
having
more
demand
for
your
stocks
because
you
fall
in
that
bracket.
Let
us
let
us
have
this
discussion
offline
sometime,
because
we
would
like
to
get
involved
and
see
how
we
can
you
know
we're
interested.
A
A
A
D
Know
stuff
to
learn
so
mohan
I've
got
something
for
you.
I
mean
this
is
an
idea
that
I'm
bouncing
off
you.
Probably
it's
going
to
sound
bizarre,
but
here
it
is
so
when
we
talk
about
say
eco-tourists,
let's,
let's
call
them
eco-tourists,
who
are
you
know
willing
to
cut
down
their
best
and
their
their
footprint
is
automatically
reduced.
D
Yeah,
yeah,
yeah
and
at
the
same
time
what's
happening
is
that
for
for
such
travelers
for
such
tourists
the
maintenance
is
low
right
one
way
or
the
other
you
can.
You
can
figure
that
out.
There
are
n
number
of
scopes
to
you
know
capture
on.
So
here
you
tokenize
them.
You
report
them.
You
probably
attach
a
monetary
value
or
probably
give
them
a
reward,
which
is
you
know
coming
back
for
the
next
time
now
this
becomes
revolving
as
soon
as
more
and
more
people
see
this.
D
They
keep
coming
to
you
for
eco-tourism,
eco-traveling
and
trying
to
get
that
tag
so
that
hey.
I
would
like
to
be
associated
with
this
community
that
I'm
a
zero-based
traveler
and
even
if
I
travel
for
business,
even
if
I
travel
for
fun,
so
it's
it's
all
going
to
be
responsible
travel.
So
to
say
there
are
many
schemes,
for
example,
corsia
which
has
just
come
up
for
aviation
industry
because
happens
to
be
just
one
of
the
biggest
emitting
industries
of
the
world
so
over
there.
D
So
it's
it's
it's
happening
and
it's
it's
taking
shape.
So
this
is
just
an
idea
that
I
thought
that
probably
I
don't
know.
E
Brilliant
because
we,
when
we
shifted,
as
I
said
it,
was
this
sustainable
travel
etc.
Again,
the
problem
was
that
you
know
the
whole
travel
industry
is
like
you
know.
We
we
contacted
the
cxos
that
hit
at
hilton
and
and
and
basically
the
priorities
were
all
different
right.
So
the
question
here
is:
how
are
you
gonna,
you
know
kind
of
you
can't
make.
E
E
What
a
kickstarter
product
for
it's
like
the
sumit
I
mean
ultra
grinder.
I
don't
know
if
you
guys
know
the
ultra
grinder
in
india.
It's
a
compact,
brilliant
old
style,
new
style
grinder
like
that
they've
come
up
with
a
kitchen
top
composting
thing
which
compost
in
20
hours
right.
I
discovered
that
on
this
whatsapp
group
that
we
created
and
that's
the
kind
of
stuff
here,
we're
sitting
in
new
york,
and
we
got
that
discovered
by
someone
in
california
right
and
shared
it
with
us,
so
this
whatsapp
group
was
carrying
so
much
energy.
E
We
said
okay
and
we
have
done
a
lot
of
stuff
with
maps
and
creating
a
gis
on
of
of
travel
on
map,
and
so
it's
so
we
have
to
map
stuff
and
said:
that's
fantastic,
so
you'll
know
where
to
find
your
disposal
site.
E
You
know
where
the
eco-friendly
laundry
mat
is
you'll
know
the
eco
grocers,
and
so
all
of
this
is
very
natural
to
our
platform,
and
so
I
think
your
idea
is
actually
great
because
now,
if
we,
if
there
are
references
to
the
aviation
industry,
it
becomes
easier
to
pitch
to
the
investors
right,
because
that
you
know
what
what
is
my
return.
Investment
sounds.
D
So
linked
it's
all
linked.
It's
all
connected
yeah!
It's
it's
linear,
absolutely
and
should
should
bring
out
some
value
for
yourself
as
well.
So.
A
You
guys
yeah
yeah.
In
fact,
we
can
continue
once
we
take
the
show
off
here
so
so
so
here
is
so
here
is
another
pocket
of
opportunity
which
I
see
you
know
coming
from
baseline
perspective,
so
so
so
one
of
course
we
spoke
about
suppliers
and
what
they
do
by
the
way
we
we've
had.
A
John
john
said:
hi
john,
is
the
co-founder
and
that
technical
setting
committee
chair
he
joins
us
from
on
youtube
today
and
he
says
hi
on
youtube,
so
so
yeah
thanks
john
for
tuning
in
and
of
course,
you
have
our
standing
invite
to
be
in
the
studio,
so
hope
to
see
you
next
time
so
yeah.
So
so
here
is
my
second
pocket
of
opportunity
where
we
are
saying
that
there
are
multiple
stakeholders
in
the
transaction
and
and
how
do
these?
How?
A
How
does
data
travel,
because,
if
you're
saying
that
there's
an
airline
which
brought
me
to
a
place
and
there's
a
hotel,
there's
a
you
know:
restaurant,
it
serves
me
the
hotel.
How
does
all
that
come
together?
You
know
how
am
I
making
sure
that
this
is
one
eco
traveler.
You
know
the
eco
traveler
term
that
we
just
came
up
with
how
how
do
systems
and
imagine
if
it
becomes
a
norm,
and
there
are
millions
of
them.
How
do
we
track
who's
doing
what?
How
do
we
track
each
other's?
You
know
these
guys
footprints.
A
D
Can
very
well
take
the
information
about
the
travel
plans
and
the
itinerary
that
so
to
say
the
eco
traveler
is
having,
but
there
is
a
there's,
a
big
catch
when
it
comes
to
the
hereka
segment,
because
you
know
as
as
a
as
a
five
star
as
a
seven
star,
I
would
not
like
to
disclose
what
kind
of
waste
did
my
customer
leave
at
the
at
the
hotel
room
right
so
yeah.
D
One
of
the
big
cello
that
we
were
talking
about
and
yeah
yeah,
so
I
think
we
have
one
of
them
identified.
No,
so
so
yeah
I
mean
there
has
to
be,
there
has
to
be
more
drive.
There
has
to
be.
D
You
know,
raising
the
ambition
so
to
say
when
it
comes
to
disclosure
of
data,
so
that
can
be
captured
in
the
asg
components
can
be
captured
in
the
footprint
analysis
can
be
captured
everywhere
whenever
you
want
it
to
be,
so
I
think
I
think
hurricane
segment
is
something
which
is
just
sitting
on
a
big
chunk
of
data
and
not
willing
to
disclose
and
have
got
confusing
and
confidentiality
rights
as
well.
D
I
mean
that's,
that's
for
sure,
and
while
respecting
them,
I
just
like
to
have
a
minimum
level
of
information,
something
that
the
protocol
is.
You
know
solving
in
a
manner.
E
You
mentioned
this
because
in
kenya,
the
there
are
sustainable
travel
locations
or
destinations
and
obviously
abodes
as
well,
and
in
that
case
you
know,
their
consultants
are
actually
advising
these.
These
outfits
on
sustainable
practices
and
their
sustainable
practices
are
not
only
in
the
in
how
you're
managing
your
say
your
airbnb.
E
E
You
know
et
cetera,
et
cetera,
and
I
think
it's
as
you
said
it's
hard
to
capture
all
of
this,
particularly
if
it's
you
know
someone
who
doesn't
want
to
reveal
anything,
but
I
think
what
you
can
do
is
you
can
do
a
you
know,
sort
of
a
soft
meter
where
travelers,
who
are
there
say
you
know
I
think,
they're
very
sustainable,
because
because
because
and
then
what's
your
credibility,
is
you
you're
claiming
that
they're
sustainable?
How
sustainable
are
you
to
make
that
assessment
right?
E
C
A
E
C
A
C
Now,
when
you
upload
your
tickets
to
any
of
those
travel
integrators
like
you
know,
trippy
or
others,
they
would
take
the
whole
ticket
and
they
can
start
building
a
carbon
footprint
mitigation
accumulator
for
you.
So
you
can
say
that,
like
it
is
say
that
you
know
you
have
flown
so
many
miles
in
last
one
year.
It
will
also
show
this
much
of
carbon
footprints.
You
have
mitigated
and
the
same
way
can
come
from
the
horika
segment
once
once
you
start.
C
A
E
You're
buying,
you
know
better
carbon
footprint
products,
but
what
about
stuff
that
is
creating
less
waste
that
doesn't
translate
directly
into
carbon
right?
That's
right!
We
were
looking
at
zero.
You
know,
as
I
said,
green,
but
more
zero
waste
tokens.
That's
what
we
were
thinking
which
we
thought
was
different
than
carbon
tokens.
D
No,
of
course
it's
different
it's
different,
but
it's
just
it's
just
you
know
integrated
into
one
another.
So
if
you,
if
you
would
like
to
expand
that
to
the
overall
carbon
footprint,
then
you
become,
you
know
a
green
traveler
label,
green
traveler,
something
but
yeah
zero
waste.
I
mean,
whichever
component,
you
would
like
to
target
to
start
things
off.
I
think
that
would
be
great
and
then
build
on
on
it,
so
that
that
should
be.
D
You
know
a
healthy
way
to
go
about
it,
but
but
yeah
I
mean
if
you,
if
you
want
to
start
big
capture
three
more
five
components,
I
mean
it's,
it's
always
good,
more
sustainable,
the
merrier.
It
is
right.
A
A
The
the
most
important
one
you
know
in
in
in
view
of
baseline
protocol,
that
what
are
the
data
silos
you
know,
while
we
spoke
about
you,
know
the
present
models.
We
also
spoke
about,
futuristic
ideas.
We
also
spoke
about
a
high
sort
of
hybrid
model
which
which
one
is
talking
about.
So
what
are
the
data
silos
that
you
guys
see?
A
D
Yeah,
I
think
one
of
them
I
mean
the
factor
for
data
not
being
disclosed
that
comes
across
confidentiality
as
one
as
a
major
one.
So
if
we
can
solve
that
with
the
minimum
level
of
information
that
can
be
accessed
and
provided
that
it's
already
verified
through
blockchain
and
the
token
is
sealed
time
stamped
etc.
So
with
that,
I
think,
as
as
an
auditor,
it
makes
my
life
very
easy,
because
I
know
whatever
information
is
coming
across.
D
It's
verified
by
three
different
people
from
three
different
sectors,
so
so
that
I
can
just
plug
that
data
and
bring
that
to
the
table.
But
if
I,
if
I
go
to
taj,
let's
say
and
ask
for
ask
for
a
history
of
all
the
travelers
for
for
the
past
month,
it's
not
going
to
happen,
but
the
purpose
that
I'm
trying
to
solve
here
is
just
to
calculate
the
footprint.
Let's
say
so.
B
Yeah
thanks,
I
want
you
to
join
me.
I
mean
it's
very
interesting
that
you
are
saying,
and
in
fact
so
we
have
a
project
this
at
infrablox,
it's
related
to
carbon
credits
and
it's
exactly
what
you
mentioned
so
so
what
you
can
do
today,
if
you
reduce
the
level
of
carbon
emission,
you
can
in
fact
monetize
by
selling
carbon
credits.
B
You
know
abroad
and
and
yeah
exactly
and
and
so
so
that's
where
you
came,
you
know,
as
an
auditor,
you
are
part
of
the
value
chain
of
the
the
carbon
credits
and
and
the
project
on
which
we
we
are
working,
it's
how
you
can
use
blockchain
and
technology
to
streamline
the
process
you
know
of
carbon
credit
issuance
and
also
to
to
bring
transparency
and
the
proof
of
origin.
B
So,
typically,
if
you
say
that
you,
you
know,
you
reduce
like
five
ton
of
co2
with
one
project
and
after
you
sell
it,
you
know
to
an
airline
who
wants
to
compensate.
You
know
their
carbon
emission,
how
you
can
demonstrate
really
that
you
have
been
in
fact
reducing
the
level
you
know
of
of
carbon
and
that's
where
blockchain
come
as
you
were.
B
If
they
want
to
be
able
to
to
see
the
proof
of
origin,
they
can,
you
know
with
blockchain
they
can
get
back
to
the
origin
and
be
able
to
to
verify
after
there
is
one
more
thing
in
terms
of
data
silos
and
where
the
data
comes
from.
Is
that
today?
What's
missing,
you
know
in
this
kind
of
initiatives,
it's
what
we
call
the
project
beneficiaries.
B
So
if
you
have
a
microfinance
project,
you
at
the
end,
you
have
a
you
know,
a
family
which
is
benefiting
azer
from
from
the
loan
or
from
the
microfinance,
and
you
have
behind
you
know
like
the
children,
getting
access
to
education,
getting
access
to
electricity,
etc,
etc.
So
here
you
have
some
data
which
is
today
untapped
and
which
is
not
readable.
B
So
if
you
can
use
technology
to
give
them
access
to
to
provide
feedback
and
you
can
ensure
that
the
feedback
which
is
given
it
cannot
be
tempered
with
you
increase
in
fact
the
value
of
your
of
the
impact
on
the
ground
and
that's
what
we
are.
You
know
we
are
working
on
infrablox
and-
and
I
think
that's
what's
missing
today
when
we
speak
about
bad
data.
A
Yeah,
I
think,
there's
also
a
problem
of
double
spend.
You
know
that's
something
which
I
understand
or
double
counting.
You
know
which
I
understand
you
know
from
from
my
research
and
and,
of
course,.
A
This
double
counting
of
of
of
benefits,
which
people
are
availing
out
of
their
initiatives,
so
so
now
that
that
can
be
something
which
so
so
one
is,
of
course
you
know
if
I'm
passing
on
my
information
to
you
guys
to
to
my
to
see
it
can
be
anybody
in
the
in
the
entire
supply
chain,
but
can
be
anybody
in
the
entire
hierarchy.
A
You
know
my
downstream
organization,
my
upstream
organization,
people
passing
on
information
about
what
are
the
initial
initiatives
they've
taken,
generating
what
value
and
then,
if
that
value
is
being
passed
on
to
the
next
organization
in
the
supply
chain,
then
of
course
that
information
has
to
travel
and,
of
course,
the
the
aspects
that
cedric
brought
in
about
data
integrity
and
the
lineage.
A
So
if
I'm
saying
I've
done
this,
where
is
the
data
and
when
an
order
comes,
I
mean
I've
also
been
an
author
in
the
past,
so
when
an
order
comes
in,
he
says
something
which
is
not
documented
is
not
done
simple
as
that,
so
so
so
you
know
one
is
definitely
documentation
around
it,
but
then,
of
course
the
second
aspect
is
whether
that
documentation
is
substantiated
by
sufficient
evidence,
which
is
which
is
key
here.
A
So
it's
not
just
about
issuance
of
carbon
credits
or
or
issuance
of
you
know
or
passing
on
benefits
to
downstream
organization.
It's
also
about
you
know
whether
whether
I
have
the
means
today
to
to
to
capture
that
information
and
transfer
that
that
benefit
so
baseline.
How
how
I,
how
I
see
it
is
helping,
is
you
know,
that's
twofold.
So,
first
of
all,
what's
baseline
baseline
is
a
collection
of
methods
for
synchronizing
for
synchronizing
systems.
We've
started
talking
about
this.
A
A
lot
on
on
this
particular
show,
which
is
constant
state
of
synchronization,
so
constant
state
of
synchronization.
What
it
means
is
that
you're
you're
making
sure
that
two
systems,
however
disparate
they
may
be,
while
they're,
maybe
operating
in
different
time
zones,
different
currencies,
different
areas
altogether
but
or
different
tech,
stack,
etc,
but
they
may
achieve
synchronization
via
utilizing
baseline.
So
imagine
it
to
be
at
the
layer
of
a
usb
port
where
I'm
giving
you
the
design
of
a
usb
port,
now
use
that
part
to
plug
in
your
devices
and
and
start
using
them.
A
So
so
now.
That
is
something
something
absolutely
interesting,
and
I
feel
the
three
pockets
of
opportunities.
If
you
will
which
were
spoken
about
today,
one
is
of
course
getting
to
understand
my
suppliers.
You
know
what's
happening
with
my
suppliers,
what's
happening
with
their
compliances,
what's
happening
with
you
know,
even
even
even
to
that
matter.
I
think
if,
if
there
are
suppliers
who
are
doing
a
great
job
above
others,
so
I
still
have
to
know
you
know
what
what
they're
doing
and
what
they're
claiming,
whether
that's
right
or
not.
So
that's
number.
A
One
number
two
was
about
the
the
privacy,
so
I
think
I
think
baseline
by
design
has
got
privacy
built
in
it.
Utilizes
a
concept
called
zero
knowledge
proofs,
and
I
think
that
makes
sure
that
you
know
there
is
absolutely
no
data
on
the
blockchain
john,
our
rtsc
chair
he's
he
he
there's
a
famous
dialogue.
He
speaks
about
and-
and
you
know
massive
plug-in
here,
but
his
his
there's
a
nascom
event
coming
up
and
he's
he's
speaking
there
and
his
stock
is
actually
called
no
data
on
the
blockchain.
A
So
there's
absolutely
no
data
which
goes
on
the
blockchain
only
proves
travel
to
the
blockchain.
That's
important,
so
there's
absolutely
no
way
data
can
get
leaked
out
of
out
of
transactions
being
carried
out
between
parties.
A
Then
the
third
part
pocket
of
opportunity
is
the
lineage.
So
while
there
is
no
data
being
traveling,
there
is
still
proofs
which
can
be
exchanged
securely
using
a
system
designed
via
baseline.
So
that
is
something
so
that's
how
I
see
you
know
the
baseline
breaking
data
silos
even
for
for
the
industry
that
we're
currently
talking
about
any
thoughts
around
that
sorry,
I
sort
of
went
on
to
a
rant,
but,
but
I
think
I
do
see.
I
do
see
this.
This
is
ripe
for
adoption
of
blockchain.
A
So
off
of
baseline,
so
adoption
of
baseline.
So
so,
let's
talk
about
when
and
how.
C
C
You
are
not
tagged
in
that
as
an
individual
and
a
lot
of
people
don't
understand
when
google
picks
up
data
from
the
map
to
figure
out
what
is
the
road
traffic
real
time?
What
is
the
traffic
congestion
ahead
of
you?
Yeah.
E
C
Not
it
is
not
seeing
you
know
that
data
is
coming
from
samurai,
the
samrat
is
there.
Whatever
data
you
have
on
your
local
travel
is
on
your
local
device.
It
is
not
on
the
google
server.
It
just
picks
up
that
part
of
the
data
which
tells
you
that
you
are
moving
in
that
stretch
at
a
very
slow
space,
which
means
it
has
to
be
a
red
line,
because
there's.
C
That
means
there
is
a
there
is
a
traffic
condition,
otherwise
you
could
have
had
a
flat
tire,
so
yeah.
So
so
what
I'm
saying
is
this
this
privacy
issue?
Yes,
it's
it's
a
matter
of
concern
and
the
privacy
policy
of
the
of
our
company
is
limited
to
the
policy
of
that
company.
Like
you
know,
there
was
a
big
news
weekly
on
apple,
trying
to
look
into
your
pictures
and
photos
to
see
you
know
they
said
again,
that's
a
step
against
child
pornography.
C
The
world
said
that
you
know
you.
Yes,
apple
has
been
known
to
not
give
out
data,
but
apple
has
also
been
known
to
use
a
third
party
in
china
because
they
had
to
give
data
and
they
gave
it
through
that
third
party
instead
of
giving
it
themselves
so
so
so
when
business
matters,
what
policy
takes
takes
precedence?
That's
that's
that's
open
to
speculation,
but
but
yes
I
mean
you
know
so
this
is.
This
is
very
very
important
to
know
that
you
know
that
what
right
data
from
your
handheld
is
actually
picked
up
at.
A
Yeah,
no,
let's
talk
about.
Let's
talk
about
multi-party
data
workflows,
so
you
know
a
little
bit
about
you
know
where
I
was
coming
from
it's
it's
more
towards.
Let's
say
if
let's
say
we
are
running,
we
were
talking
about
a
travel
use
case
right.
So
if
I'm
yeah
suppose
I
advertise
to
somebody,
I'm
an
influencer
I'd
advertise
to
somebody
that
you
know
you
should
go
to
this
fantastic
place
called
kurt
in
the
south
of
india.
So
you
should
go.
A
There,
have
a
good
time
stay
in
a
home
stay
and
have
the
local
experience,
I'm
the
one
who
influenced
you
to
take
that
decision,
but
I
don't
even
know
whether
you
took
the
decision
or
not.
So
you
eventually
went
and
then
you
you
made
your
bookings
through
the
ones
which
I
had
recommended.
You
even
went
to
the
same
homestay.
A
Currently
there
are
no
100
ways
to
track
sales
happening
in
this
in
this
manner.
So
so
imagine
the
information
flowing
across
parties.
You
know
this
is
influencer
marketing,
protocol
infrastructure,
marketing
platform,
gathering
information
from
youtube
or
from
whatever
booking
systems.
This
guy
used
to
the
hotels
to
the
airline.
It
takes
care
of
everything
so
to
do
to
be
able
to
do
that
either.
A
What
I'll
do
is
I'll
have
to
establish
one
digital
id
which,
by
the
way,
is
possible
using
baseline
to
establish
one
digital
id,
give
it
to
a
traveler
and
and
mask
all
the
private
information
or
keep
passing
on
travelers
private
information
between
parties.
Now
that
has
some
serious
regulatory
or
you
know
compliance
implications,
maybe
an
indian
traveler
dpa
is
kicking
in
data.
Privacy
act
is
kicking
in
very
very
soon.
If
it's,
if
it's
a
your
european
national,
then
you
know
gdpr
applies
there
as
well.
A
So
so
what
I'm
trying
to
say
is
that
if
there
is
at
all
a
business
opportunity,
I'm
not
saying
that
this
model
exists
today,
but
this
opportunity
can
be
explored
that
what
if
there
were
seven
people
or
seven
parties
involved
in
bringing
a
traveler
to
a
to
a
eco-friendly
space,
and
then
that
traveler
did
their
thing
and
then
they
went
back
etc.
So
how
do
you
split
revenue
with
these
guys?
How
do
you
even
track?
Who
were
the
parties
involved
in
this
one
transaction?
Can
we
go
back?
Can
we
establish
all
this
now?
A
This
is
one
idea
which
I've
been
working
on
since
three
years.
You
know
happy
to
explore
with
you
guys
as
well.
So
I
don't
know
people
on
youtube
were
giving
out.
Very
you
know
too
many
billion
dollar
ideas,
so
yeah,
let's
also
post
our
bitcoin
wallets
here,
so
that
people
can
pay
us
cool.
So
this
is
where
we
are
any
parting
thoughts,
guys
we're
on
the
top
of
the
hour,
we're
actually
beyond
the
hour
by
10
minutes.
So
so.
E
A
B
A
I'm
not
going
to
leave
you
guys
after
that
you're
going
to
be
back
very
very
soon
and
we
should
not
just
do
one
episode.
We
should
do
a
sort
of
series
where
we
pick
up
different
areas
and
try
to
sort
of
double
click
on
things
which
you
know
where
we
go
deeper
in
in
use
cases.
You
know
these
are
use
cases.
So
currently
we
are,
you
know
the
way
we
spoke
today
or
this
video
could
serve
as
a
you
know,
as
as
as
a
tldr
as
a
somebody
could
establish
a
framework
around
it.
A
But
then
you
know,
let's
go
deeper,
let's
sort
of
try
and
construct
that
building
put
a
little
meat
on
the
bone,
how
people
can
pick
it
up,
of
course,
and
yeah
with
infra
blocks?
I
hope
that
a
lot
of
people
find
value.
Mohan
myself.
A
D
On
the
note,
when
you
said
something
you
you
wanted
to
figure
out
how
the
chain
is
working
and
you
you
want
to
figure
out
who
all
were
the
parties
involved
when
the
traveler
actually
is
there.
So
if
you
monetize
that,
if
you
tokenize
that,
I
think
all
the
data
is
going
to
flow
into
you.
B
Yeah,
maybe
one
thought
one
thought
from
from
my
side.
In
fact,
it's
related
to
you
know
this
is
related
more
to
a
value
chain
or
supply
chain.
So
we
have
also
a
project.
You
know
that
info
blocks
on
this
one,
it's
more
related
to
organic
food.
So
but
the
issue
is
similar
in
related
to
data.
If
you
buy
an
organic
product,
can
you
go
back?
B
A
B
B
E
One
of
the
things
I
think
in
the
case
of
the
say,
a
farm
blockchain.
If
you
will
right,
I
mean
industry,
blockchain
or
whatever
is
the
visibility
of
useful
data
to
the
outside
world
right
I
mean,
if
you're
doing
if
they
truly
adopted
something
based
on
where
they
actually
said.
We
will
put
certain
pieces
of
information,
for
you
know,
for
public
consumption
or
for
other
third-party
consumption
on,
say
an
ethereum
blockchain.
E
Then
you
know
vital
data.
That
says
you
know
these
farmers
participated
and
they
contributed
to
this
etc.
Then
someone
who
wants
to
do
an
eco
footprint,
a
carbon
footprint
or
social
impact
thing
they
get
access
to
the
data
and
they
can
do
value-added
stuff,
but
until
that
happens,
that's
not
going
to
work.
E
On
the
other
hand,
if
the
data
was
actually
owned
by
the
individual
and
therefore
everybody
else
is
touching
on
that
data,
then
obviously
the
data
is
public
to
start
with,
because
the
individual
is
public
right
I
mean
so,
I
think
baseline,
I
think,
has
value,
and
one
of
the
biggest
values
I
think
baseline
has
is
the
ability
to
use
level
two
protocols
roll
up
and
do
batch?
You
know
tokenization
which
reduces
the
cost,
because,
if
you're
using
something
like
ethereum,
because
everybody's
using
ethereum
your
costs
of
tokenization.
A
Yeah
we
yeah.
We
also
have
a
layer,
2
protocol
built
just
around
baseline.
You
know
so
the
testing
got
released
on
on
september
first,
but
so
so
yeah.
We,
we
should
club
this
one
with
base
lecture
discussion
for
sure
you
know.
A
That
also
brings
me
to
reminding
everybody
about
ethe
atlanta,
so
so,
first
event
coming
up
is
the
nascam
annual
technology
conference
where
baseline
is
going
big
john
has
a
session
the
executive
part
of
the
of
the
event
where
john
will
be
talking
about
baseline
protocol
and
we
have
absolutely
deep
dive
sessions
being
conducted
by
andreas
and
kyle
so
do
tune
in
it's
an
online
event.
I
will
post
the
registration
link
on
the
youtube
description.
A
The
next
event
to
look
out
for
is
heath
atlanta,
it's
happening
in
first
or
third,
first
third
of
october.
It
will
be
also
a
hybrid
event.
There
are
people
going
down
in
atlanta
as
well
as
people
can
participate
in
the
hackathon
being
even
in
india,
so
guys
just
register
and
start
participating,
so
so
yeah
mohan,
I
brought
it
brought
it
up.
You
know
with
based
azure
discussion
that,
yes,
this
is.
A
This
is
built
as
a
layer
two
platform,
so
it
also
sort
of
reduces
the
total
cost
of
ownership
of
any
other
any
system
that
we
think
about
cost
of
ownership,
as
well
as
operation
right
to
any
system
that
we
imagine
here
so
so
yeah,
it's
been
a
it's
been
quite
an
interesting
discussion,
any
any
closing
thought
guys-
or
I,
although
I
I
hate
to
say
this,
but
you
know
if
you're
we're
quite
over
time
and
the
youtube
participation
is
surprisingly
going
up.
D
C
D
Yeah
and
cool
for
now.
B
A
Yeah
yeah,
it's
you
know,
even
even
baseline,
is
buzzing
with
activity
every
day.
So
you
know
I
welcome
you
all
to
the
community.
Please
do
join
the
slack
channel
and
and
do
subscribe
to
the
youtube
channel
as
well.
You'll
keep
getting
updates
on
what's
happening.
Thank
you
so
much
everybody
youtube.
A
Yeah,
you
just
call
it
just
it's
just
called
baseline
protocol
I'll,
send
you
the
link
yeah.
Thank
you.
So
much,
it's
been
an
absolutely
absolute
pleasure
to
host
you
guys
today,
thanks
for
taking
a
time
out
for
this,
and
thanks
for
also
agreeing
to
have
subsequent
sessions,
you
know,
thank
you
so
much
guys.
Thank
you.