►
From YouTube: The Baseline Show - India
Description
The weekly office hours for the Baseline Protocol open source community. Learn more at https://baseline-protocol.org.
This is the India office hours hosted by Samrat Kishor | @samratkishor
A
A
Ring
we
ran
into
a
technical
issue
so
we're
not
and
for
some
reason
the
youtube
live
just
ends
abruptly.
B
B
B
B
A
Awesome
so
well,
after
some
glitches,
some
technical
teachers,
we
are
back
back
online.
We
lost
about
13
minutes
of
the
the
show
today,
so
I'm
going
to
restart
and
and
lauren
you're
just
in
time.
Thank
you
so
much
for
making
it.
So
you
know,
as
always,
every
saturday
we
will
be
bringing
you
the
baseline
show
live
from
india.
This
is
our
own
version
of
the
baseline
show
international,
which
has
been
going
on
for
over
a
year.
Now
we're
going
to
be
talking
about
all
things
baseline
protocol.
A
Most
of
the
most
importantly,
today's
show
is
all
about
the
business
value
that
can
be
drawn
out
of
baseline
protocol
and
I'm
glad
to
be
joined
by
some,
some
of
the
cool
and
new
bass
liners
and,
of
course,
lauren
gibson
from
consensus
mesh
thanks
so
much
lauren
for
making
it
I'm
spoiling
your
saturday
morning,
but
I
think
you'll
have
a
good
time
today,
thanks
so
much
for
making
it
we'll
start
around
with
you
know
why
don't
we
start
with
the
first
one
to
join
the
call
today,
which
was
aj
john?
E
Yeah
hi
thanks
samurai
thanks
everybody
else.
I
am
ajo.
I
am
part
of
icici
bank,
I'm
part
of
their
itt
and
a
student
perpetual
student
of
blockchain
very,
very
excited
to
understand,
what's
happening
in
this
space,
and
I've
been
hearing
about
blockchain
for
some
time
now
when
samrat
joined
it
with
some
official
responsibility,
it
gave
me
to
come
in
and
see
more
closely
what
baseline
is
and
so
here
that
what
brings
me
here
looking
forward
thanks.
A
Awesome
awesome
so
as
you
and
I
go
back,
you
know
many
many
years
when
we
were
together
in
a
banking
consortium,
blockchain
banking
consortium
called
bank
chain
here
in
india,
and
he
belongs
to
the
number
one
bank
in
the
private
sector.
So
thank
you
azul
for
for
your
interest,
I'm
sure
you're
and
you
know
just
a
disclaimer
you're,
not
you're,
not
representing
your
bank
you're
here
as
an
individual
just
for
everybody's
sake,
because
this
video
goes
on
youtube
and
then
people
ask
me
questions
up
next.
D
Hey
hi,
I've
been
in
baseline
for
about
three
months
now,
maybe
joined,
because
you
know
I
got
introduced
to
kyle
by
the
founder
of
nuts
who's
a
former
colleague
of
mine
and
I
come
from
a
traditional
enterprise
integration
background
I
actually
built
products
for
a
company
called
tibco,
which
was
one
of
the
leaders
in
enterprise
integration.
D
So
my
curiosity
was
what's
the
third
generation
of
enterprise?
Integration
will
be
looking
like,
because
the
first
generation
was
companies
like
tibco
and
then
the
second
generation
was,
you
know,
cloud-based
providers,
you
know
like
workato
and
and
and
zapier
and
you
know,
potentially
baseline,
is
gen
three.
So
I'm
curious
to
see
where
it's
going
to
go.
I'm
I'm
doing
we're
we're.
We
have
we're
launching
a
part
of
a
team
that
is
trying
to
launch
some
initiatives
around
blockchains.
D
The
one
that
we
have
going
right
now
is
a
trying
to
build
a
zero
waste
community
global
community,
but
starting
out
of
india.
So
it's
basically
centered
around
households,
sort
of
helping
households,
kind
of
get
the
understanding
of
their
footprint
in
zero
waste
and
then,
together,
as
a
community,
improve
their
footprint.
If
you
will
or
reduce
the
footprint,
so
that's
what
we're
doing.
A
Oh,
that
is
awesome
and
thank
you
so
much-
and
I
know
I'm
spoiling
your
saturday
morning
as
well.
Thank
you
so
much
for
joining
us
all
the
way
from
new
york.
So
we
also
have
my
my
college
mate
anatory
here,
she's
also
working
with
the
telecom
giant
in
malaysia.
So
I'm
sure
could
you
go
ahead
into
yourself.
F
Yeah
sure
hi
everyone,
so
I'm
totally
probably
very
much
a
stranger
to
this
line
of
baseline.
I
myself
I'm
from
I'm
currently
working
in
malaysia
and
I'm
basically
a
lead
solution
architect
in
it
domain
that
is
into
I'm
very
much
into
telecommunication,
so
13
plus
years
of
experience
into
telecom.
So
I'm
just
up
here
to
know.
What's
all
this
about.
A
A
Yeah,
that's
very,
very
important.
You
need
to
smash
and
you
need
to
smash
it
hit
it
really
really
hard
so
that
you
get
all
our
updates
and
you'll
see
there
are
big
announcements
coming
up
in
future
shows.
Go
ahead.
Sorry,
I
interrupted
you.
F
No
worries
so
I'm
great
friends
with
samrat
since
so
long
time
and
myself
and
him
we
have
great
chats
over
what's
going
on
what's
new
in
the
technology
world
and
up
in
the
market.
So
it's
just
my
curiosity
to
find
out.
What's
this
all
about.
B
Yeah,
I'm
very
very
excited
to
be
here,
so
I
I'm
popping
in
from
the
east
coast
of
the
united
states
and
working
with
john
woolfart
on
building
out
a
use
case
for
baseline
protocol,
and
I
highly
resonate
with
mohan,
for
example,
because
I
came
to
this
space
knowing
knowing
that
I
have
this
dream
to
see:
enterprise,
blockchains
and-
and
here
I
am-
you
know-
trying
to
really
live
my
dream.
So
I'm
really
excited
to
be
here.
You
know
with
all
of
you.
B
So
as
for
the
use
case,
you
know
that
we're
building
out.
We
mentioned
it
as
well.
On
the
or
john
mentioned
it,
I
think,
on
the
last
indian
based
line
hours,
but
also
we
mention
it
almost
practically
every
every
time.
C
B
We
are
working
on
invoicing,
so
an
invoicing
solution
related
to
related
to
baseline,
and
I
forget
who
it
was.
But
someone
on
on
this
call
actually
mentioned
last
time
about
some
blockchain
invoicing
solution
that
the
indian
government
was
looking
into.
So
I
know
that
really
piqued
john's
interest
and
it
piqued
mine
as
well,
because
I
am
doing
market
research
basically
to
understand
the
market
for
invoicing
in.
C
C
A
So
I
think,
there's
no
yeah.
There
are
exchanges
which
are
which
which
are
running
here
in
india
and
they're.
All
government
regulated
and
two
of
them
are
jv,
so
only
there's
there's
only
one
private
in
the
exchange
market
on
invoices.
So
you
know
we
you
and
I
we
should.
We
should
talk
about
it.
I
will.
I
will
give
you
a
lot
of
inputs.
I
have
current
projects
going
on
with
a
customer
who's
in
who's,
18
years
old
in
the
invoicing,
business,
invoice,
processing,
business,
oh.
C
B
Well,
if
anyone
of
course
wants
to
help
out
with
this
project,
for
the
baseline
protocol
just
feel
free
to
contact
me
on
slack,
you
can
see
that
my
name
here
is
lauren
gibson
just
find
me
there
ping
me,
you
know,
and
we
can.
We
can
talk
in
voicing.
A
Awesome
awesome
and
yeah
lauren
brings
in
a
very
important
point:
how
do
people
get
on
ramp?
How
do
people
get
involved
with
baseline?
You
have
to
go
to
baseline
hyphen
protocol
dot,
org
and
all
our
channels
are
available
there.
You
could
sign
up.
You
could
log
into
slack.
You
could
also
come
on
the
youtube
channel.
This
show
goes,
live
every
saturday,
6
p.m
and
there's
also
another
show
which
happens,
which
has
the
larger
community.
It
happens.
9
30
p.m.
A
India,
time
noon,
eastern
time
on
wednesdays,
so
so
yeah,
let's
begin
with
today's
agenda,
so
today's
agenda
was
and
I'm
sure
people
are
going
to
be
watching
on
youtube
later
on,
I'm
going
to
be
creating
a
playlist,
so
today's
agenda
was
to
create
business
value.
Why
is
baseline
important?
You
know,
let's
all
bring
in
our
perspectives
and
of
course
you
know
if
you
know,
for
example,
industry
is
new.
John
ajo
has
been
following
baseline
for
quite
some
time,
so
yeah
we
can
start
with
with
john
john.
What
do
you
think?
A
What
what's
the
business
value
you
think
baseline
carries.
E
But
then,
the
little
that
I
understand,
I
think
baseline
is
bridging
that
gap
of
the
siloed
world
of
I
think,
that's
the
promise
that
attracted
me
here.
C
E
E
Do
that,
if
you
are
able
to
tie
that
thing
together,
then
then
everything
that
happens
in
private
without
bringing
those
data
onto
the
public
network,
but
yet
being
able
to
interoperate
between
different
ecosystems,
yeah
and
and
then
and
then
probably
once
that
particular
thing
comes
in
then
lot
more
use
cases
can
be
tied
together,
yeah
so.
A
Is
so
we
have,
we
have
point
we
have
going
to
tagline
with
says:
secure
private,
open
source,
multi-party,
workflow
synchronization.
I
think
that
is
something
this
is
really
really
powerful.
You
know
it's,
so
it's
so
intense.
You
know
all
these
words
coming
together
in
one
sentence.
C
B
So
secure
right,
every
every
company
needs
security.
I
know
john
likes
to
say
that
this
is,
as
you
said,
it's
a
verified.
So
it's
a
verifiable
database,
so
you
don't
have
to
go
through
a
third
party,
an
intermediary
to
verify
it
because
it
it's
just
already
verified
so
you're,
reducing
that
time
for
verification,
multi-party.
B
Of
course.
As
we
know,
we
don't
have
to
deal
with
all
these
different
systems.
We
would
be
able
to
just
deal
with
one
system
and
have
that
trust
factor
there
and
then
workflow
right.
That's
what
we're
trying
to
improve
is
to
improve
the
the
flow
of
information,
the
flow
of
goods,
the
flow
of
services
and
yeah.
A
Bring
in
efficiency
increase
productivity,
I
think
that's
the
eventual
eventual
goal.
Mohan.
What's
your
perspective?
What's
the
what's
the
business
value
that
one
can
derive
out
of
this?
So
imagine
imagine
people
are
going
to
be
watching
this
and
I'm
sure
you
know
we
are
going
to
make
sure
that
people
are
watching
this.
D
Yeah
so
so
I
have
I've
been
looking
at
this
and
I
can't
say
that
it's
still
an
evolving
space,
but
the
way
I
kind
of
came
into
it
to
kind
of
try
to
understand.
D
D
The
distributors,
you
got
the
suppliers,
you
know
fundamentally,
you've
got
to
integrate
upstream,
downstream
and
you're
kind
of
locked
in
right
I
mean
and
whatever
the
policies
are
inside
is
what's
going
to
control.
So
if
you
have
an
invoice
and
you
are
not
getting
paid.
C
D
D
Put
it
is
that,
where
you
know,
you're
sending
messages
between
say
an
excel
and
an
sap
system
or
an
excel
in
an
excel,
and
these
are
synchronized.
So
that's
a
little
more
like
a
traditional
enterprise
integration
model,
because
you
have
an
adapter
for
excel
on
one
side
and
which
converts
into
a
common
model
and
on
the
other
side
it's
either
excel
or
something
else.
But
there's
a
common
model
right,
yeah.
C
D
The
moment
you
have
a
workflow
you're,
generating
you
know,
sort
of
synchronizing
truths.
If
you
will
right
what
do
I
know
and
so
on?
So
if
you
have
a
product,
catalog
you're,
making
sure
that
you
update
the
product
catalog,
and
so
I
see
the
latest
product
catalog
and
if
it's,
if
the,
if
the
product
that
I'm
looking
at
or
I
assume
that
was
going
to
exist,
no
longer
exist,
then
I'm
in
my
contract
is
no
longer
valid
right.
D
So
you're
kind
of
you
have
you
have
agreements,
you're,
you're
you're
able
to
generate
you
know
sort
of
a
common
working,
but
when
you
actually
want
to
generate
a
truth
that
you
want
to
make
public,
then
you
write
it
into
into
a
into
the
ethereum
main
net.
So
in
that
case
you
sort
of
say
well,
I've
got
an
invoice
here.
This
invoice
is
complete.
You
know
all
all
things
are
verified.
D
It's
it's
of
this
quality,
assuming
there's
a
way
of
verifying
the
quality
that
gets
written
out
into
the
public
chain,
so
that
someone
who's
not
part
of
the
private
workflow
can
still
deal
with
it
right,
some
finance
it
etc.
So
the
multi-party
thing,
for
example
yeah
it's
private,
but
then
you
can
also
have
a
multi-party
thing
on
the
public
change.
So
someone
might
look
at
the
invoice
for
for
some.
D
D
You
know
in
a
in
a
in
a
way
that
only
you
know
what's
happening,
but
then
the
moment
you
want
to
write
it
out
to
the
public,
then
you're
able
to
say
that
this
is
legit,
so
the
inventory
is
legit,
the
invoice
is
legit,
and-
and
so
I
can
now-
you
know
do
something
with
it
and
without
knowing
who
it
is
from
what
it's
about
you
know,
etc,
etc.
So
I
think
that's
the
interesting
part.
The
part
is-
and
I
was
actually
mentioning
that
perhaps
this
could
get
integrated
into
a
traditional
enterprise
integration
platform.
D
Which
would
be
an
easy
win
because
they
have
all
these
back-end
integrations
yeah.
All
these
you
know
dappies
and
taps,
and
everything
else,
and
so
now
they'll
be
able
to.
You
know,
put
a
evidence
on
the
public
main
net
and
you
can
then
sort
of
say
you
know
I
can.
D
I
can
see
you
know
I
you
know
so
so
that's
that's
proof,
positive
right,
you,
you
don't
have
any
questioning
of
that,
but
the
one
thing
I
think
that
was
raised
recently,
which
I
still
am
not
completely
sure
of-
is
privacy
versus
transparency
and
that's
the
thing
because
what
in
the
ernst
young
conference
on
base
on
blockchains
and
supply
chains,
the
whole
idea
was
transparency.
I
can
you
know
if
I've
got
a
bottle
of
wine
and
the
bottle
of
wine
comes
from
a
certain,
a
certain
process,
certain
vineyards,
etc.
D
C
B
What
what
we're,
what
we're
trying
to
work
with,
I
know,
is
zero
knowledge,
proofs
and
I'm
not
a
technical
person.
But
I
do
know
that
that
is
some
way
to
add
some
sort
of
privacy.
But
but
john's
main
thing
is
to
say
that
we're
not
going
to
put
data
on
the
blockchain
right.
A
So
I
think
this
should
be
our
hashtag,
so
currently
we're
running
hashtags
and
you
know
baseline
in
india,
but
I
think
that
we
should.
We
should
run
this
as
a
hashtag,
no
data
on
the
blockchain,
only
proofs
and
and
hashes
go
on
on
the
chain
extremely
extremely
important,
and
I
think
you
know
both
of
you
brought
in
really
good
points.
You
know
very
strong
points
in
mohan
and
roland
one
yeah.
This
is
a
non-conventional
way
of
synchronizing
conventional
systems.
A
I
think
that
is
something
you
know
absolutely
empowering
and
sean
you
can
yeah
go
ahead
on
on
audio
the
other.
One
is
mohan,
as
you
rightly
said
it
has
to
be,
it
has
to
be
absolutely
you
know.
No
data
in
you
know
whatsoever
manner
goes
out
into
the
public
domain,
so
I
think
that
is
something
which
needs
to
be
protected
and
preserved,
and
I
think
that
is
the
reason
why
we're
using
two
zero
knowledge
proofs.
A
B
Have
exactly-
and
I
just
want
to
apologize-
I
do
have
to
move
to
audio,
but
these
are
the
thoughts
that
you
know
are
we're
all
thinking
about.
We
have
to
think
about
if
we
want
privacy
or
transparency
and
of
course,
you
know
in
a
bigger
blockchain
space,
we're
thinking
about
are
public
or
private
blockchains
going
to
win
right.
So
we
we
know
these.
We
know
these
questions
exist
and.
D
C
D
The
to
the
point
of
public
versus
private,
the
problem
with
public
is
who's,
but
who's
private
with
respect
to
private
who's.
Private
is
it?
Is
it
ibm's
private?
Is
it?
Is
it
oracle's
private
right?
The
question
is:
if
it's
oracle's
private,
then
oracle
is
setting
the
policies,
there's
no
way
to
kind
of
say,
there's
a
contract
here
and
I
need
the
contract
enforced
and
in
the
case
of
the
public
blockchain,
once
the
contract
is
out,
the
contract
is
there.
So
I
think
that's
the
beauty
of
it.
D
The
only
issue
right
now,
obviously,
is
the
cost,
but
that's
what
I
think
a
lot
of
work
is
going
on
where
they
talk
about.
You
know,
trying
to
you
know,
do
as
much
in
layer
two
before
they
push
it
down
to
layer,
one
which
is
still
a
little
bit
of
an
unknown
like
exactly
what's
gonna
happen
there.
I
think,
but
I
think
the
specifications
are
are
kind
of
being
worked
out
right
now,
but.
D
I
agree
with
you:
I
mean
the
the
from
my
perspective,
enterprise
integration.
Always
problem
is
you
have
apis?
You
have
sets
of
apis
and
the
question
is:
who
can
access
this?
So
you
say:
okay,
I'm
going
to
give
you
a
login,
because
you
are
this
kind
of
a
partner
you're
going
to
have
this
login
right.
But
then
what
happens?
If,
if
you
know
with
apis,
you've
got
hacking
that
can
happen
exactly.
C
D
C
D
A
Yeah,
that's
the
that's
the
biggest
advantage,
which
I
see,
and
I
think
you
know
I
just
put
up
this
slide,
because
I
think
this
is
really
exciting
to
see.
50
of
organizations
are
using
a
very
simple
basic
web
web
basic
data
exchange
portals
and
you
know
over
about
30
are
organizations
which
are
which
are
which
are
using.
A
B
Yeah,
so
there
are,
of
course,
invoices
right.
There
are
two
processes
or
two
parties
right,
there's
the
accounts,
receivables
and
the
accounts
payables
and
the
accounts
receivables.
Those
are
the
suppliers
right,
they
are
supplying
the
money
to
their
buyers
and
the
accounts
payable
buyers.
They
have
to
pay.
So
what
we
have
seen,
though,
is
that
a
lot
of
these
suppliers,
these
especially
small
and
medium-sized
businesses,
who
are
dealing
with
these
large
buyers.
B
Let's
you
know,
let's
say
you
all
everyone
knows
here
knows
walmart
so
I'll
just
say:
walmart,
for
example,
walmart
is
a
huge
buyer
of
tons
of
products,
and
they-
and
what
I
have
found
is
that
with
certain
suppliers-
and
I
just
went
on
an
interview
yesterday-
or
I
just
interviewed
someone
yesterday-
who
this
was
not
the
case,
but
so
it
sounds
like
with
certain
suppliers.
B
We
find
that
walmart
is
taking
the
chance
to
pay
at
the
very
end
of
the
net
30,
the
net
60.
yeah,
and
this,
of
course,
is
not
great
for
small
and
medium-sized
businesses.
C
B
They
want
to
get
paid
immediately
because
they
are
a
small,
medium
business
and
because
they
they
need
the
cash
quickly.
So
what
we
are
trying
to
work
on
is
if
we
could
baseline
the
invoicing
process.
C
B
We
could
we
could
have
like
a
place
where
all
of
the
suppliers
could
be
for
an
ex
for
a
walmart,
for
you
know
any
any
large
company,
that's
working
all
throughout
the
world,
so
that
definitely
that's
one
part.
A
Awesome
and
you
remember
lauren,
we
were
when
we
were
having
our
chat.
I
was.
I
was
mentioning
to
you
that
why
do
we
even
need
invoices?
You
know
when
we
already
know
what's
happening.
The
transaction
has
happened,
goods
have
reached
when
they
were
supposed
to
reach.
There
are
it's
only
the
hold
up,
because
people
want
to
verify
things,
and-
and
that
is
why
the
net
13
at
60-
and
I
want
to
bring
in
the
banker
here
on
to
the
discussion.
So
so
what
happens?
A
Azure
if
net
30
goes
away
or
net
60
goes
away
by
baselining
transactions.
So
imagine
these
the
vendor
systems
and
the
buyer
systems
are
all
synchronized
using
baseline,
so
all
transactions
any
any
piece
of
data.
Any
small
bit
of
data,
which
is
changed
in
one
system,
gets
reflected
on
the
other
and
if
at
all,
they're
not
authorized
to
change,
make
those
changes.
The
records
get
debased,
that's
a
different
discussion,
but
what
happens
is
that
there
is
absolutely
no
verification
reconciliation
required.
E
So
my
personal
view
again
disclaimer
here
first
of
course,.
C
E
So
see
what
lauren
just
now
said
is
the.
C
E
The
is
the
relationship
or
the
deal
that
a
particular
supplier
and
a
buyer
has,
and
that
is
because
of
the
size
and
the
purchasing
power
that
each
each
counterparty
have
right.
So
walmart
would
still,
even
though
I
don't
think
walmart,
because
the
it's
a
bi-party
interaction
that
is
happening
between
a
supplier
and
a
buyer.
So
walmart
does
not
have
a
doubt
on
what
is
the
value
that
is
provided
in
the
invoice,
because
it's
a
bi-party
right
both
of
them
know
each
other
and.
C
E
But
but
the
but
the
value
of
blockchain
and
immutable
record
comes
in
when
there
is
a
third
party
involved
in
that,
then
there
is
a
tripod
here,
interaction
happens
and
that's
what
is
happening
in
the
time
of
when
the
moment
the
financier
comes
into
picture
right
and
the
financial,
like
a
bank,
wants
to
be
sure
that
the
data
that
is
provided.
C
E
By
a
particular
counterparty
for
financing,
it's
true
or
not
now
so
what
the
the
most
most
most,
the
one
person
or
the
one
party
who
would
be
most
benefited
by
this
baselining
would
be
the
finances,
because
that
party
would
know
for
sure
that
excuse
me
I'll
just
go
out
of
video
okay
yeah.
So
the
one
party
that
would
that
wants
the
data
to
be
sure
is
the
finance.
E
What
I
think
the
blockchain
brings
value
now,
what
will
happen
in
case
of
a
baseline
product
or
a
the
way
you
said
about
a
multi-party
workflow
is
a
particular
network,
can
be
created
where
one
one
one
financially
sits
at
the
center,
and
then
there
is
a
community
of
community
of
buyer
or
a
supplier
in
that,
but
then
that
those
interactions,
those
invoices,
arrests
and
the
authenticity
of
those
invoices
raised
in
that
network
remains
within
that
network.
E
A
No
totally
so
I
think
you
know
this
is
where
this
is
where
we
are
currently
sitting.
You
know
if
we
are,
if
we
are
sitting
here
and
then
we
are
and
then
we
are
looking
around
us
and
we
have
suppliers,
and
we
are
saying
you
know
what
we
have.
We
are
sharing
information
with
so
many
parties
and
then
imagine
you
know
you
in
your
example,
you
took
this
the
central
party
to
be
the
bank.
A
Now
now
I
say:
let's
say
this:
one
is
the
bank
and
there's
an
organization
which
is
dealing
with
like
walmart,
which
is
dealing
with
so
many
entities
and
we're
doing
an
india
show.
So
I'm
going
to
call
it
something
else,
I'm
going
to
call
it
airtel,
for
example.
So
let's
say
this
is
adele
and
this
is
dealing
with
multiple
vendors
on
in
their
multiple
circles.
Now
imagine
them.
A
Looking
at
from
the
inside
of
the
organization
to
looking
at
outside
and
saying
you
know,
I
have
so
much
data
to
reconcile,
and
there
are
you
know,
400
of
my
staff,
just
just
working
on
you
know
doing
these
reconciliations
with
the
vendors
and
so
so.
Both
both
sides,
productivity
is
lost,
and
then,
of
course,
there
is
risk
management.
You
bring
in
a
very
interesting
point:
azure,
which
is
risk
management,
so
for
banks
or
even
for
any
sort
of
counterparties.
A
Baseline
can
be
used
for
this
management,
and
that
is
something
which
I'm
also
working
on
by
the
way.
So
you
know
that's
when
I
jumped
on
the
ship-
and
I
you
know
really
caught
my
interest-
that
yeah
this
something
like
this
is
really
missing
from
the
risk
management
world,
and
I
think
we
do
need
something
like
baseline
to
come
up.
D
Actually,
I
see,
I
see
risk
management
I
mean
we're
lauren.
Is
we've
been
talking
a
lot
about
financing
right,
third
party
financing
of
invoices
as
being
a
use
case,
it
would
seem
to
me
that
risk,
as
you
know,
john
is
pointing
out
and
as
kishore
is
pointing
out,
is
even
more
interesting
because
that
you
know
so,
how
do
I
trust
anybody's?
C
C
A
Yeah,
the
opportunity
is
absolutely
huge
and
I
think
lauren
john
and
the
team
is
they're
going
to
be
the
first
ones
making
tons
of
money
out
of
baseline
but
yeah.
As
you
see
here,
it's
a
huge
organization
dealing
with
multiple
counterparties,
and
then
you
know
what
is
really
important
to
notice
the
last
line,
which
is
you
know
it
says
you
know
it's
it's.
There
is
asymmetric
flow
of
information
and
it's
all
opaque,
so
baseline
is
taking
all
that
away.
A
Now,
that's
the
that's
the
power
of
of
this
new
protocol
which
we're
developing
and
by
the
way
you
know
for
people
who
are
joining,
who
joining
us
on
youtube.
It's
it's
important
to
place
mentally
placed
baseline
at
the
right
right
place.
You
know
it's
not
a
blockchain,
but
it
can
be
the
best
way
to
interface
with
the
blockchain.
Any
conventional
system
put
baseline
in
the
middle
act.
It
let
it
act
like
a
middleware
and
then
it
interfaces
with
any
other
blockchain
or
any
other
system
of
record.
A
So
it
can
be,
can
be
a
hyperledger
node
on
the
other
side
or
it
can
be
sap
oracle.
Salesforce
can
be
anything
else
on
the
other
side,
so
so
it's
so
imagine
it
to
be
like
a
middleware
just
sitting
in
the
middle,
absolutely
under
the
technology.
It's
not
going
to
be
showing
out
in
the
world,
and
that
is
why
it
appeals
to
only
a
handful
of
us
that
yeah,
you
know
those
who
realize
the
power
of
of
this
kind
of
synchronization,
the
csos.
A
So
that
is
the
time
when
baseline
comes
in
and
says
you
know
what
I'm
going
to
make
sure
that
no
data
ever
leaves
not
even
a
single
bit
of
data
leaves
your
organization,
your
perimeter,
so
that
is
where,
and
while
you
still
go
ahead
and
do
your
business,
whichever
way
you
want,
you
outsource
your
non-core
operations,
you
you,
you
buy
you
you
you,
you
know
get
things
delivered,
do
high
sea
sales
or
whatever.
A
So
so,
that's
that's
something
which
you
know.
That's
where
I
see
business
value
coming
in.
You
know
any
kinds
of
places
where
there
was
a
lot
of
non-trusting
parties
relying
on
single
source
of
information.
Anushri,
you
do
you
do
you
have
any
examples
of
of
transactions
where
reconciliations
are
important
or
validations
take
months
or
reconciliations
takes
months.
F
In
the
system
so
coming
out
from
traditional
systems
that
we
have
been
dealing
with
all
this,
while
by
traditional
I
mean
oracle
database
or
cloud-based
technologies,.
C
F
We
have
is
that
there
are
incoming
traffic
from
this
from
the
outside
network
and
coming
into
our
systems,
and
we
have
to
process
those
data
which
is
coming
on
a
very
high
dps
right
so
at
the
same
time,
processing
those
traffic
and
then
dumping
out
an
output
so
that
those
output
can
be
utilized
for
billing
systems
to.
C
C
F
Is
like
a
very
high
level
flow
of
telecommunication
that
we
have
been
dealing
and
as
a
solution
architect,
I've
been
looking
forward
like
towards
providing
some
interface
which
can
perform
reconciliation
of
the
traffic
that
that
is
coming
in
and
while
we
process,
we
should
not
drop
any
packet
right,
and
so
there
is
a
reconsolation
mechanism
that
is
required.
Once
we
have
done
the
processing,
I'm
just
trying
to
see
how
baseline
can
benefit
such
systems.
C
F
Over
http
rest
interfaces
so
just
trying
to
see
how
we
that
kind
of
reconciliation
can
be
performed
using
baseline,
that
is
that
is
one
of
the
aspect
from
coming
from
telecommunication
background.
Another
aspect
is
another
reconciliation
that
happens
is
towards
our
billing
systems
right.
So
once
the
the
call
records
have
been
processed
by
the
telco
charging
system,
then
those
records
are
passed
to
the
billing
systems
and
those
bills
and
invoices
have
to
be
reconciled
that
nothing
has
been
missed
out.
That.
C
C
F
C
F
B
A
nursery
sorry
I
just
like
to
chime
in
and
say
I
would
love
to
interview
you
as
well.
B
Thank
you,
hello.
You
know
I
actually
got
on
a
call
one.
One
of
the
interviews
I
did
yesterday
was
with
so
I'm
also
doing
my
master's
in
business
in
washington
dc
and
one
of
my
colleagues
yeah.
Thank
you
and
one
of
my
colleagues
yeah.
He
works
for
samsung
and
he
works
under
the
services
department
of
samsung.
He
reports
directly
to
the
ceo,
and
he
was
talking
to
me
about
their
invoicing
problems
and
yeah.
B
I'd
just
love
to
talk
to
you
because
he's
talked
about
working
with
these
types
of
telecommunications
providers,
so
it
would
be
great
to
get
your
perspective
as
well.
I
love
these
connections.
F
So
lauren
it
would
be
great
to
connect
I'll,
probably
drop
in
my
email
id
in
here
in
the
chat,
and
then
we
can
connect.
A
Happy
people
draw
some
value
out
of
these
calls
each
time
we
do
this,
and
this
is
just
the
second
episode
we're
just
getting
started
so
yeah
telecom.
You
know,
honestly,
thank
you
so
much
for
bringing.
In
that
perspective,
I
think
it's
a
it's
a
it's
a
field
which
is
ripe
for
baseline.
You
know
it's
it's
and
I've
seen
I've
seen
a
huge
telecom
player,
which
is
which
is
like
a
jv
between
multiple
telecom
providers.
A
Here
it's
called
this
towers
here
and
what
they
do
is
they
provide
infrastructure
as
a
service,
the
telecom
infrastructure
as
a
service
and
and
what
that
means
is
that
all
calls
are
streamed
through
their
infrastructure,
whether
they're
originating
from
whichever
network.
So
that
also
means
that
they
have
to
do
a
lot
of
reconciliations
in
real
time
and
charge
those
telecom
providers-
and
I
think
it
sits
in
very
well
with
their
sort
of
business
model-
and
you
know
one
is
of
course
exploring
business
models
which
already
exist.
A
You
know
look
at
the
one
which
which
I've
just
projected
here.
It's
like
you
know
this
is
the
one
which
is.
This
is
the
way
we've
already
been
doing.
Business
but
then
using
this
capability
now
it's
up
to
us
that
we
can.
We
can
imagine
new
business
models,
so
you
know
happy
to
happy
to
brainstorm
on
these
sessions.
You
know
whenever
you,
whenever
you
are
ready
to
discuss
ideas
mohan
you
want
to.
D
Know
yeah,
I
mean
it's
an
interesting
use
case
because
one
of
my
friends
actually
is
the
ceo
of
a
couple
of
beyond
beyond,
does
a
lot
of
real-time
analytics
and
they
may
do
reconciliation
as
well
for
telcos
in
the
u.s,
and
you
know
he
was
telling
me
one
of
the
problems
they
have
with
you
know.
Blockchains
is
the
performance
because
they're
dealing
with
as
initiators
pointing
out
at
such.
C
D
Throughput
rate
and
yeah,
and
so
but
the
the
interesting
thing
that
came
from
what
you
know
she
was
saying,
is
that
perhaps
sampling
just
taking
a
sample
and-
and
you
know
baselining
that
is
you-
know
a
statistical
sample
baseline
that
and
see
if
it,
if,
if
it
complies
because
if
we.
D
It
you
know
on
baseline,
that
might
be
a
reasonable
approach.
I
mean
if.
A
F
The
performance
aspects
would
aspect
would
be
a
very
main
point
of
concern
when
it
comes
to
telecommunication
industry,
because.
E
C
F
So
I
would
want
I
was
while
we
we
all
were
discussing.
I
was
just
thinking
like
the
synchronization
that
we
are
discussing
here.
How
do
do
we
have
any
profiles
around?
How
frequent
is
the.
A
Honestly,
it's
like
a
work
group
which
gets
created
and
then
your
systems
are
always
in
sync,
so
there's
no
batches
or
any
lags
they're,
always
in
sync-
and
you
know
that's
the
beauty
and
and
to
be
able
to
do
that
to
be
able
to
synchronize
two
systems.
A
Always
you
know
you
need
a
network
which
is
always
on.
You
need
a
reference
point,
and
that
is
where
blockchain
comes
in.
That
is
why
we've
been
talking
about
baseline
in
conjunction
with
blockchain,
because
you
need
something
which
is
always
on
to
be
able
to
synchronize
with
that.
It's
like
it's
like
gmt.
You
know
how
we,
how
we
use
gmt
to
to
synchronize
our
time,
so
so
imagine
mainnet,
and
that
is
where
you,
you
know.
If
you
go
through
documentation,
you'll
see
a
lot
of
references
to
mainnet.
So
mainnet
is
an
always-on
network.
A
Now
that
network
depends
we
can.
We
can
have
a
choice
of
networks.
You
know
it
can
be
ethereum
public
mainnet
or
it
can
be
any
other
network
which
is
big
enough,
which
qualifies
to
be
called
a
main
net.
There's
also
a
qualification
criteria
by
then
and
when
the
standard
that
we
are
developing
right
now
so
yeah.
That
brings
me
also
to
an
update
about
baseline
standards.
So
so
the
protocol
is
being
developed
and
the
standards
and
specifications
are
being
written.
We
are.
A
We
are
working
very
fast
towards
v1
release.
There
are
two
reference
implementations
which
are
already
live,
so
anybody
who
wants
to
jump
on
board
and
start
experimenting
with
this
open
source
technology.
They
can
start
using
bri
one
and
bri
two,
which
are
already
available
on
our
github.
So
if
you
go
to
baseline
hyphen
you're
going
to
see
a
link
to
the
github
repo
as
well
so
moving
on,
I
have
a
formal
definition
of
baseline
protocol,
which
I,
which
I
generally
like
discussing
on
on
our
shows.
A
Well
biswashy
was
supposed
to
be
here
to
talk
about
the
technical
on-ramp
for
people
who
wanted
to
join
in
as
developers,
but
she
could
not
make
it.
She
had
some
emergency
and
she
had
to
step
out.
So
so
I'm
gonna
use
this
time
and
talk
about
you
know
the
formal
definition
of
baseline.
So
I
think
you
know
this
is
this.
Is
really
key,
I
I
I
just
love
the
way
it
is.
It
is
written
here
that
it
is
just
a
two
set
of
tools
and
techniques.
It's
not
anything
beyond
that.
A
It's
just
a
set
of
tools
and
techniques
and
that's
what
fundamentally
protocols
are
so
again
for
perspective.
You
know
this
is.
This
is
something
which
I
realized
when
I
was
talking
to.
You
know
one
of
my
one
of
my
friends
and
I
think
the
easiest
way
to
understand
something
is
when
you
try
and
explain
that
same
thing
to
somebody
else
and
say
you
know
here
is
here
is
what
what
this
means-
and
this
is
how
you
this
is,
how
you
go
about.
You
know
understanding
it
so.
B
I
totally
feel
that
semrat,
you
know
I
was
an
english
teacher
as
well,
and
I'm
very
proficient
in
the
english
language
now
teaching
someone
is
the
best
way
to
learn.
No.
A
A
There
is
tcp
which
is
enabling
most
of
the
internet,
and
there
is
ftp
file,
transfer
protocol,
a
lot
of
system
to
system,
and
I
you
know
I
think
mohan
can
jump
in
here
and
talk
about
olden
days
of
interfacing
two
systems
where
ftp
used
to
be
the
golden
place,
where
one
system
would
dump
data
and
the
other
one
pick
it
up.
And
then
you
know
cool
protocol
webrtc
now
webrtc,
not
it's
not
very
famous,
but
webrtc
is
the
protocol
which
enables
video
calls
like
this
one.
A
So
so
so
these
are
kind
of
protocols
and
now
comes
another
one
which
is
called
baseline.
It
has
got
a
cool
new
name,
it
does
not
cryptic
as
the
other
ones
which
I
just
spoke
about,
but
this
is
the
cool
new
protocol.
So
it's
just
a
set
of
tools
and
techniques.
It's
a
set
of
libraries
which
enable
any
system
any
product
to
become
capable
of
synchronizing
in
a
private
and
secure
manner
with
any
number
of
parties.
A
So
now
that
is
a
huge
part
for
product
companies.
You
know
if
they
want
to
come
on
board
and
join
the
baseline
protocol.
It's
all
open
source
people
can
come
in
sign
up,
sign
the
cla,
of
course,
it's
available
on
github
and
start
contributing
yeah.
So
you
know
with
that.
I
think
we
come
to
the
top
of
the
hour,
so
we
can.
D
You
know
in
the
old
days
when
the
when
the
military
is
to.
I
guess
they
do
it
today
too,
when
they
used
to
send
coded
messages
right
you
had,
you
know,
only
certain
people
would
understand
certain
things
right,
so
you
had
a
security
clearance.
You
had
a
certain
crypto
system
that
you
were
using
and
you
did
sen
sent
you
all
your
messages
right.
So
you
know
it's.
It's
not
like
that.
I
think
you're.
D
When
you
talked
about
all
these
different
protocols-
and
you
talked
about
baseline
baseline
basically
says
I
use
crypto
and
I
send
a
piece
of
thing
and
says
this
is
the
truth,
and
you
can
verify
that
I'm
I'm
a
legit
person
saying
this.
The
truth
I
mean
I
I'm
the
one
who's
put
this
thing
out,
and
so
you
can
verify
that.
Okay,
it's
coming
from
a
trusted
source
but
and
it's
crypto
and
and
I'm
only
being
you
know,
I'm
only
sort
of
seeing
certain
pieces
of
information.
That's
public
and
the
rest
is
always
private.
A
Yeah,
absolutely
absolutely
hundred
percent.
So
with
that
any
closing
thoughts,
any
of
you
for
people
who
are
watching
us
on
youtube,
I'm
gonna
create
a
playlist
and
we
go
we're
all
gonna
be
showing
up
there.
E
C
A
Yeah,
okay
on
so
there
are
explainer
videos
on
the
same
youtube
channel.
There
are,
you
know,
there's
tons
of
documentation
on
baseline
hyphen
protocol.org
go
to
the
website
and
we
are
planning
to
have
technical
sessions
as
well.
So
we
are
going
to
start
with
a
series
of
business
sessions
first
and
then
we
start
with
the
technical
sessions
when
the
right
partners
have
agreed.
We
are
also
talking
to
some
of
the
largest
companies
in
india.
A
You
know
technology
companies
to
you
know,
as
well
as
other
businesses,
to
come
on
board
and
start
start
talking
about
the
value
that
potentially
baseline
can
bring
to
them.
I
mean
I
know
of
a
company
which,
which
has
400
people
just
consolidating
their
balance
sheet.
Imagine
what
baseline
could
prove
to
these
guys.
A
So
there
are,
there
are
tons
of
opportunities.
India
is
looked
as
see
a
lot
see.
The
international
community
on
baseline
is
looking
towards
india
now
to
to
to
take
up
to
embrace
baseline
and
the
dev
community
to
start
developing
products
using
using
the
protocol.
So
that's
where
we
are
nurturing
the
closing
thoughts,
or
are
we
good.
F
Well,
it
was
a
great
discussion,
thank
you
guys
and
thanks
amrat
for
organizing
this
and
it
was
very
informative.
I
had
no
freaky
idea
about
the
baseline
before
this
and
I'm
now
very
much
interested,
so
it
would
be
great
to
just.