►
From YouTube: The Baseline Show: With guest JW at Miami Events
Description
The weekly office hours for the Baseline Protocol open source community, Wednesdays at noon in the US-Eastern timezone.
Learn more at baseline-protocol.org.
And don't miss the show on Saturdays at 6pm in the Indian (IST) timezone.
A
B
B
A
Everybody
it's
good
to
see
you.
We
have
some
of
our
our
regular
studio
panel
panel.
We've
got
samurai
all
the
way
from
india.
We
got
mark
cattle
as
always
anantan
sonal.
I
see
you
there
as
well.
I
know
we're
keeping
this
this
one
to
a
limited
number.
A
A
D
Not
not
by
much
john,
if
I
increase
the
volume
of
my
headphones,
I
can
hear
everyone
else
very
loudly.
You
know,
but
I
still
can
barely
hear
you.
A
All
right
how's
that
better
much
yep
we
got
thumbs
up
so
yeah.
So
we're
here
tell
us
about
this
event
that
we're.
B
At
sure
hi
everybody,
my
name
is
david
lee.
I
work
at
samsung
and
specifically
a
part
of
samsung
called
samsung
next,
should
I
look
right
there?
This
is
fun
doing
it
live
and
effectively.
What
we
do
is
we
invest
in
startups
and
startups
in
areas
that
we
at
samsung
care
about.
So,
unlike
most
venture
for
our
corporate
venture
firms
that
invest
and
there's
a
business
development
deal,
it
gets
really
complicated.
B
We
just
want
to
invest
in
startups
again
that
are
doing
great
stuff.
We
feel
like
we'll
learn,
we
add
value.
Eventually
we
benefit,
and
one
of
those
areas
is,
you
know,
broadly
speaking,
web
three
blockchain
crypto,
I
think,
there's
an
opportunity.
My
background
is
investing.
B
I
think,
there's
an
opportunity
right
now
for
samsung
to
do
some
things
that
apple,
google,
specifically
just
can't
do,
and
so
that's
really
exciting,
and
so
you
know
here
at
we're
throwing
an
event
a
two-day
event
here
called
nft
irl,
which
is
basically
a
a
get
together
and
small
panels
of
some
of
the
best
people
at
the
intersection
of
art
and
technology.
B
But
you
know
that
that
intersection
is
always
going
to
be
ongoing
and
so-
and
I
think
we're
hitting
a
point
right
now,
where
you
know
somebody's
invested
in
a
lot
of
startups,
just
to
see
a
creative
talent.
You
know
creative
talent
and
different
disciplines
all
coming
together
at
this
moment,
whether
it
be
again
art
media,
hard
tech,
software,
it's
really
exciting,
and
we
want
to
support
that.
So
we
have
people
artists
like
from
super
rare,
which
is
a
portfolio
company.
We
have
you
know
for
this
audience,
crypto
crypto
audience.
B
Yeah
so
dapper
super
rare
arbitrarum,
ftx
xc
infiniti
yeah.
So
so
you
know
and
I'll
tell
anybody
who
will
listen.
You
know
I'm,
like
you
know,
I'm
a
little
bit
older
and
just
what
I
wouldn't
give
to
be
like
20
years
younger,
because
I
think
the
next
20
years
is
just
going
to
be
an
incredible
time.
A
B
A
Oh
yes,
I
I
tried.
This
is
a
true
stories.
I
in
98
I
was
on
a
recruiting
mission
from
ibm
ellen
again
yeah
research
lab
yeah,
and
there
was
this
phd
student
and
I
tried
to
recruit
yeah.
It's
like
nah,
exactly
yeah.
B
B
It's
like
do
you
do
the
internet
or
do
you
do
enterprise
software,
client-based
software,
and
it's
like
the
short-term
answer-
is
the
latter,
but
the
long-term
answer,
if
you're,
if
you
believe
in
the
long-term
trend,
is
obviously
the
first
choice
and
you
know
I
I
think
it's
almost
become
trite-
to
say
that
everything
we're
going
through
right
now
is
overhyped
in
the
short
term
under
hyped
in
the
long
run.
Well,
not
not.
A
B
A
You're
absolutely
right,
so
there
are
dead
branches
of
history,
xml
kind
of
a
dead
branch,
history
yep
right
yeah,
because
why
it
was
fundamentally
not
performing,
it
was
fact
yeah.
This
is
something
I
would.
What
do
you
think
about
this
and
I
play
for
the
team,
I'm
a
blockchain
person,
and
this
is
a
blockchain
community.
A
One
of
the
things
and
we'll
tell
you
a
little
bit
about
baseline
baseline
protocol
is
a
standard
out
of
the
oasis
standards
body.
Oh.
B
A
It's
not
a
change,
not
a
token.
We
have
nothing
to
sell.
We
are
a
standpoint.
Yes,
in
fact,
samsung
had
a
hand
in
creating
baseline
two
years
ago,
microsoft
and
consensus
and
now
saps
all
over.
B
A
And
our
thought
is,
you
know:
blockchains
are
fundamentally
the
laws
of
physics
say
that
they
are
slow
and
they
are
non-performing
and
they
crowd.
They
have
a
crowding
out
effect.
If
it's
a
blockchain,
it's
a
singleton
right.
So
how
do
we
use
the
blockchain
in
an
appropriate
way?
That
really
will
stand
the
test
of
time,
given
that
it
probably
isn't
the
world
computer?
A
C
A
A
A
A
All
right:
well,
let's
figure
that
out
and
while
we
are
I'll
we'll
have
a
little
conversation
how's
that
so
yeah
baseline
is
and
it's
fun
to
tell
the
story
of
our
new
folks
is
really
saying
yeah.
Let's
take
the
realities
of
our
blockchain
and
let's
really
discover
that
zero
knowledge
is
gonna,
be
bigger
than
blockchain
yeah.
A
It
might
not
have
the
same
hype
cycle
because
it's
it's
kinda
like
passion,
it's
gonna
change,
everything
nobody's
gonna,
know
this
so
but
zero
knowledge
is,
is
a
non-controversial
part
of
the
balanced
breakfast
for
any
serious
businesses
coordination
effort.
I
think
going
forward
from
here.
Would
you
agree?
A
I
mean
I
we
need
to
share,
we
need
to
coordinate,
but
we
can't
share
all
of
our
data.
We
do
not
want
to
go
full
monty
with
you
know.
An
entire
supply
chain's
worth
of
counterparties
on
all
of
our
data
in
the
clear
the
stupidest
administrator
in
a
private
blockchain
is
going
to
get
hacked
and
make
a
song
and
make
the
reason
we
did
a
private
blockchain
as
well.
Again,
that's
going
to
be
a
bad
day
coming
for
what
half
dozen
actual
private
blockchain
projects
that
I
think
will
survive.
A
A
A
So
that's
part
of
the
standard
is
going
to
be
an
sap
system.
You'll
be
able
to.
You
should
be
able
to
assign
it
80ddsa
signatures.
Send
that
back
to
me,
I'm
going
to
run
that
through
a
0
circuit,
I'm
going
to
pump
that
that
proof
to
the
blockchain
4
to
an
l2
yeah
and
then
that's
going
to
anchor
to
a
big
blockchain
like
ethereum,
so
that
we
all
the
blockchain
is
doing
is
telling
us
that
proof
didn't
get
changed.
It's
also.
That's
it's
only
john!
It's
very
non-controversial.
A
It's
the
checks
up
yeah,
but
it's
an
addressable
discoverable
checksum,
which
can
be
an
accession
yeah.
So
I'm
thank
your
bank.
This
guy's
a
bank,
I'm
the
factor
bank
you're,
the
buyer's
bank
and
this
guy's,
the
seller's
bank,
I'm
going
to
pay
the
seller
right
now
you
want
to
pay
me
later.
You
kind
of
want
to
know.
I
paid
him
first,
but
today
that's
a
massive
api
calls
and
it's
probably
half
a
race
point
on
my
cloud-
makes
money
right
a
much
better
distributed
systems.
A
Pattern
looks
like
I'm
going
to
drop
they're,
going
to
drop
a
proof
and
you're
going
to
be
subscribed
to
it,
and
you
see
the
truth.
You're
going
to
run
it
and
say
yep
all
is
well
and
there's
no
knowledge
just
discoverable
on
any
kind
of
blockchain,
even
with
an
ai
you're
not
going
to
see
it
no
classifiers,
that's
an
appropriate
use
of
advantage,
so
the
net
of
it
is
baselining
is
about
coordination
under
zero
knowledge,
where
we
have
to
prove
consistency
between
some
set
of
power
plants
and
some
attribute
of
that
information.
A
Like
I
didn't,
I
didn't
overdo
the
I
didn't
overcharge
the
usury
law
and
when
I
went
to
a
company
in
arizona
versus
a
different
user,
so
I
can
prove
the
regulator
that
I
didn't
violate
without
them.
Having
given
down
the
data
itself,
yeah
so
prove
an
attribute
of
the
data
or
I've
got
long
supply
chains
and
we
have
a
certificate
of
originality
between
the
set
of
counterparties
way
up
top
of
the
chain,
but
you're
shipping
through
amazon.
You
kind
of
don't
want
amazon
to
know
everything
about
your
data
yep
right
yeah.
They
can
have.
A
Yeah,
okay
yeah:
they
can
have
the
attestation
yeah
without
without
having
all
the
data
from
the
entire
supply
chain.
So
you
have
really
good
compartmentalization,
but
you
can
also
have
certainty.
Yes,
thank
you.
You
can
also
have
certainty
of
workflow
integrity.
At
the
same
time,
that's
a
good
knowledge.
A
A
We
need
to
be
sure
that
we
all
have
consistent
information,
we're
getting
all
the
schema
work,
but
at
the
end
of
the
day,
if
I
just
put
some
data
into
your
portal,
the
only
thing
you
know
is
that
I,
what
I
put
in
that
portal,
you
don't
know
that
I
still
have
that
kind
of
same
information.
I
might
have
changed
it.
You
might
have
changed
it.
You
don't
have
any
proof
of
consistency,
yeah
yeah,
so
that's
that's
basically
got
it.
What
do
you
think
of
that?.
B
Again
to
age
myself,
I
have
a
master's
in
electrical
engineering,
but
that
was
it's
almost
like.
If
you
need
any
help
with
fortran
or
pascal,
you
know,
I'm
your
I'm
your
person
so
that
that's
it
yeah.
It
was
back
in
the
day,
so
I'm
not
up
to
speed.
B
I
I'm
not
qualified
to
comment
on
sort
of
the
technical
on
the
pros
and
cons
or
of.
B
Zero
knowledge
of
proofs
and
but
invested
in
some
companies,
but
the
idea
and
the
just
where
we
are.
We
talked
about
just
the
cycle
for
sure
the
everything
you
talk
about
in
terms
of
the
current
world
that
we
live
in
and
the
current
norms
and
the
current
technology
they're
going
to
be
influenced
by
the
technology
that
you
that
it's
really
hard
to.
B
A
B
And
you
would
think
regulators
are
never
going
to
allow
it.
Wiretaps
were
the
norm
and
now
it's
if
your
message
service
doesn't
have
encryption,
it's
it's
not
up
to
par
right.
So
for
me
I
mean
everybody
talks
about
the
analogies
of
you
know
the
compute
list,
the
network
stack
tcp
and
they
think
about
blockchain
and
what
we're
going
through
within
that
model
and
the
things
that
you're
talking
about
again,
I'm
not
really
qualified.
So
I'm
kind
of
talking
out
of
my
ass
right
now,
oh.
B
Yeah
is,
I
think,
it's
a
very
limiting
view
to
think
of
it.
Just
in
terms
of
a
network
stack
like
a
tcp,
because
it's
something
kind.
E
B
Yeah,
it's
something
completely
different
and
I
think
there
will
be
elements
where
this
we're
thinking
of
it
in
terms
of
stacks
and
protocol
layers
is
going
to
be
very
useful
and
then
there
will
be
moments
where
it's
just
new
technology,
where
you
don't
know
how
to
fit
it
into
a
box
and
we're
seeing
that
right
now,
even
something
like
nft
nft
is
kind
of
obvious.
In
the
same
way
that
news
on
the
internet
was
obvious.
B
Everybody
could
see
that
in
many
ways
that
was
kind
of
a
better
model
right
and
you
had
the
same
sort
of
critiques.
It
was
like.
Well,
you
have
to
have
the
paper,
it's
not
the
same,
the
serendipity
and
look
where
we
are
today.
Everybody
can
see
digital
art
as
a
thing
it's
like.
Why
is
the
mona
lisa,
the
mona
lisa,
all
the
oh
yeah,
but
it
will
be
very
different
and
that's
what's
exciting
about
what
we're
doing
at
samsung.
It's
like
yeah,
putting
your
nft
on
a
screen
is
really
cool.
B
A
A
B
You
can
see
it
at
the
application
layer.
You
can
see
it
in
terms
of
what
people
think
about.
I
think
chris
dixon's
friend
talked
about
it
being
spemorphic,
and
you
see
it
all
the
time
I
mean
again,
and
I
do
think
this
is
what
really
influenced
me
is
like.
B
When
the
internet
first
started,
you
had
nbc
interactive,
everyone
said
that's
the
thing
nbci
like
that
was
going
to
take
over
the
internet
and
it
was
basically
an
old
media
company
saying
this
is
how
you
should
do
new
media
and
there
was
literally
a
list
of
media
new
media
and
that,
obviously,
that
did
not
end
well
for
for
nbc,
and
I
see
some
of
that
now
with
different
startups
with
different
mental
models.
And
it's
not
I'm
not
saying
it's
like
I'm,
not
a,
not
a
fortune
teller.
B
Although
I've
written
for
fortune
cookie
messages,
my
dad
invented
the
first
fully
automated
fortune
cookie
machine,
no.
B
But
it
wasn't
that
in
san
francisco
yeah
he
actually
sold
him
to
san
francisco
and
he's
mentioned
in
a
book
about
it
before
cookie,
chronicles
yeah.
But
so
what
I
liked
about
what's
happening
is
like
and
then,
if
you
know
the
history
of
the
internet
and
when
it
started,
you
know
with
darpa
and
so
forth.
I
mean
it
was
just
an
evolution
where
incrementally
you
saw
innovation
upon
innovation
built
like
just
incremental
innovation.
I
think
that's
what
we're
going
through
now
and
what
you're
talking
about.
B
I
agree
with
you
and
I
think,
and
I
think
a
lot
of
it.
Some
of
it
will
be
market
driven
and
that
this
is
what
people
are
going
to
want.
People
are
going
to
demand
different
modes
of
privacy
and
the
expectation
of
privacy.
I
think
the
expectation
of
privacy
during
web
2
had
swung
to
share
everything.
B
A
B
A
B
Yeah
and
that's
you
know
right
now:
it's
decentralized.
B
A
B
Names,
but
there
are
very
few
companies
that
you
talk
about,
do
not
do
no
evil.
I
do
think
what's
going
to
be
really
interesting?
Is
everybody
talks
about
web3
and
blockchain
of
this
is
finally
what
we
wanted
from
the
internet
and
I
hate
to
say
it,
but
that's
what
we
said
in
web
2
and
that's
what
we
said
in
web
one
and
so
it'll
be
interesting.
B
A
B
Everything
when
I
first
started
there,
microsoft
was
literally
like
the
death
star
and
it
was
like
what
they
do
is
evil
right
default.
Internet
explorer
is
evil.
Now
on
android
your
default.
What's
your
default
search
engine
google,
try
changing
it
to
duckduckgo
if
you're
samsung,
if
you're
huawei,
if
you're
you're,
just
not
using
android
right
and
I'm
not,
it
makes
it
makes
complete
business
sense
and
I'm
not
knocking
them
forward.
But
it
will
be
interesting
to
see
how
this
plays
out.
A
A
C
A
By
the
same
person
same
conversation
and
and
then
it's
decentralization,
everything
has
to
be
decentralized.
I'm
not
even
sure
people
know
what
the
word
means
anymore
yeah
for
us
decentralized
means.
I
need
a
substrate
to
put
my
proofs
on
that.
Can't
lock
me
out
or
is
always
on.
Oh
okay.
Definitely,
oh!
Oh
we're
good
yeah,
yeah,
hey
everybody!
We
have
to
go
so.
A
A
Because
you're
at
the
beach
well,
here
we
are
in
miami,
I'm
sorry
for
the
technical
difficulties.
I
hope
everybody
can
that
got
it.
Can
somebody
signal
thumbs
up
or
thumbs
down?
If
you
heard
the
interview.
A
So
that
was
great
commentary
from
samsung.
We
got
to
talking
about
the
history
of
the
internet
and
some
other
things.
It
was
really
great
to
talk
about
baselining
there
and
I
think
samurai.
If,
if
folks
can
hear
you,
I
might
sign
off
from
now
and
if
folks
can
hear
you
guys,
you
guys
can
talk
about
some
of
the
stuffs
on
all
that's
going
on
with
the
protocol
work
this
week.
D
A
Yes,
okay,
great
well,
this
was
a
fun
experiment
and
it's
here
I'll
give
you
a
quick
view
of.
What's
going
on.
D
E
That
was
amazing,
so
I
think
what
we
can
do
is
we
can
just
carry
on.
I
think
it
was
a
great
conversation.
I
enjoyed
the
points
that
they
made
both
of
them
actually
and
we
also
got
a
model
pitch
for
baseline.
So
I
think
I'm
going
to
play
that
back
many
number
of
times.
I
think
all
of
us
should
do
that,
so
so
yeah.
So
do
we
have
any
more
updates
from
that?
E
I
see
a
lot
of
activity
going
on
on
the
devs
channel
and
do
you
have
anything
to
talk
about.
C
E
C
So
our
core
devs
are
working
hard
on
some
of
these
open
blips
right
now
and
each
blip
leads
to
more
so
any
areas
where
this
group
of
develop
these
multiple
groups
of
developers
get
stuck.
They
make
note
of
it,
and
then
we
have
follow-up
working
sessions.
So
it's
been
a
really
good
activity
and
very
useful
to
kind
of
square.
Some
of
these
things
away
early
on
and
the
battleship
hello
world
will
be
complete
to
be
demoed
next
week,
so
our
next
week
general
assembly
will
have.
C
I
hear
an
echo,
but
our
next
week
general
assembly
will
have
a
ton
of
demos
on
the
excel
work.
That's
being
done,
the
base
ledger
version,
some
of
the
other
grant
work
that's
being
completed,
so
that
should
be
super
exciting,
but
our
devs
are
very
active
and
actually
we
keep
getting
in
touch
with
more
companies
and
groups
that
are
interested
in
how
their
developers
can
get
involved.
So
we're
looking
forward
to
early
2022.
E
Doing
considerable
work
on
blockchain
in
india,
so
it
sounds
like
a
logical
next
step
for
them
to
be
enabled,
with
baseline,
so
they're
going
to
be
contributing
resources
as
well.
So
this
is
amazing,
so
everybody
who's
watching
us.
Please
do
mark
your
calendars
for
for
the
next
week.
It's
going
to
be
huge
mark.
You
want
to
say
something
from
the
from
the
outreach
team,
yeah.
F
Well,
actually,
before
I
get
into
that,
so
somehow
we're
going
to
be
demoing
blip,
six,
the
the
baseline,
I
mean
the
battleship
demo
next
week.
C
Yes,
so
the
groups
are
wrapping
up
their
work.
They
might
not
be
in
the
final
finished
stage,
but
they'll
be
complete
enough
to
show
us
what
they've
been
working
on
these
last
few
weeks
and
definitely
complete
by
the
end
of
the
year
to
receive
their
grant
funds.
C
That
group
chat
has
been
very
active
and
they've
had
daily
sessions
this
week
and
the
last
few
weeks
to
really
just
like
figure
out
the
working
pieces
that
need
to
be
involved,
and
I
also
asked
them
to
kind
of
explain
the
the
process
they
went
through
with
figuring
out
the
circuits
and
just
all
of
the
parts
that
I
don't
fully
understand.
But
I
asked
them
to
kind
of
dive
deep
into
it
in
their
demo.
Aside
from
just
showing
us
the
game,
yeah.
E
C
C
One
of
the
other
blips
where
they're,
creating
like
a
test
suite
so
they're,
diving,
really
deep
into
the
code
and
figuring
out
each
piece
of
it
and
understanding
it.
They
they
do
mob
sessions
where
they
kind
of
pass
around
the
mic,
every
x
minutes
and
they
have
the
screen
and
they
start
working
on
it.
C
So
it's
a
really
cool
exercise
and
I'm
very
just
happy
to
have
all
these
devs
active
and
all
the
new
devs
who
are
joining
they're,
given
pretty
good
guidance
by
existing
members
and
sitting
in
on
some
of
those
sessions
to
learn
as
well.
F
C
F
So
as
as
far
as
outreach,
let
me
get
the
housekeeping
out
of
the
way
we
are
in
the
middle
of
you
know,
really
polishing
up
the
the
slide
of
the
initial
slide
deck,
which
is
going
to
go
through
several
different
iterations.
F
You
know
eventually,
we'll
probably
optimize
it
for
certain
applications
or
industry
use
cases
such
as
supply
chain.
You
know
defy
applications,
invoice,
financing
and
so
forth,
but
right
now
what
we're
trying
to
do
is
sit
there
and
distill
everything
down
everything
that
we've
done
for
the
past
year
and
a
half
now
to
you,
know,
try
and
pick
those
elements
are
going
to
have
the
best
impact
you
know
those
are
that
are
going
to
resonate
for
the
audience.
One
thing
that's
been
top
of
mind
for
us.
F
The
whole
time
has
been.
You
know
we
want
to
be
mindful
of
what
is
being
heard.
You
know
many
of
us
from
you
know
our
blockchain
days
were
very
caught
up
when
what
we
wanted
to
say,
because
we
were
the
true
believers
and
we
wanted
to
evangelize
blockchain
to
anyone
and
everyone
that
would
listen.
And
you
know,
blockchain
is
a
very
complex,
very
challenging
concept.
To
really
you
know,
you
know
had
you
know,
have
have
impact
on
the
first
pass,
there's
a
lot
of
back
and
forth.
F
There's
a
lot
of
questions,
and
so
a
lot
of
you
know
trying
to
maintain
what's
what's
important
versus
what
is
going
to
be
a
little
bit.
I
guess
chaff
as
opposed
to
the
wheat
and
so
but
internally.
F
What
we're
also
doing
is
we're
merging
the
two
historical
products
that
we've
done
into
one
just
so
that
we
can
have
everybody
on
the
same
page
to
you,
know,
get
it
put
out
and
stuff
and
so
and
we're
waiting
on
a
lot
of
our
partners
that
have
some
exciting
announcements
of
their
own
that
they're
keeping
under
wraps
so
that
they
can,
you
know,
have
their
releases
and
that's
going
to
definitely
splash
on
to
us
for
enablement,
and
it's
all
about
getting
the
message
out
and
the
message
landing
where
we
want
it
to
land.
F
So
that's
where
we
are
with
with
enablement
last
night
at
6
15,
I
was
invited
to
speak
at
hit
lab,
which
is
a
health
innovation
summit
that
they've
had.
This
is
their
eighth
annual
one,
and
this
is
largely
a
community
of
medical
researchers.
Practitioners,
basically
actors
within
the
medical
space
and
the
medical
space
has
been
just
pleading
for
a
long
time
for
some
technical
innovation
and
that
innovation
is
really
constrained
by
a
very
robust,
very
almost
draconian
data
privacy
framework.
F
Multiple.
Actually,
you
have
hipaa.
You
have
phi
as
well,
as
you
know,
regular
data
privacy.
For
that-
and
you
know
a
lot
of
that-
you
know
hinges
around
that.
I
cannot
allow
you
know
private
health
care
data
to
be
in
motion.
F
Really
I
mean
you
know
if
you
look
at
it
from
a
security
stand
standpoint.
You
know,
data
at
rest
is
a
lot
more
secure
than
data
in
motion,
but
data
in
motion
is
what's
required
when
you
have
a
multi-party
workflow,
a
multi-party
environment,
to
where
people
need
to
know
what
you
know,
I
need
your
record
keeping.
F
I
need
some
pieces
of
your
data
to
complete
the
work,
steps
that
I
have
to
do,
and
you
know,
but
I'm
not
able
to
give
any
identifying
information
or
allow
any
leakage,
and
the
baseline
is
optimized
for
that,
because,
through
xero
knowledge
we
are
proving
consistency.
We
are
proving
synchronization
and
that's
really
where
the
train
goes
off
the
rails.
Is
that
data
being
out
of
sync-
and
you
know
how
to
actually
you
know,
have
my
counterparty
be
on
the
same
page
that
I.
B
F
In
at
any
given
point
in
time
without
having
to
you
know,
use
these
really
ad
hoc
methods
to
try
and
figure
out,
you
know
what
what
is
in
your
data
set,
you
know,
and
is
it
does
it
match
up
with
mine
and
within
healthcare?
You
know.
F
That's
particularly
impactful,
because
they're
not
able
to
share
data
that
well
and
but
they
need
to
be
able
to
have
the
confidence
that
their
record
keeping
matches
the
counterparties,
and
that's
one
of
the
things
that
they've
just
been
starving
for
for
the
longest
time
and
baseline,
presents
a
very
compelling
solution
to
that
persistent
problem.
F
So
that's
what
my
my
fireside
chat
last
night
was
all
about.
So
just
because,
right
now,
a
lot
of
us
in
baseline
we've
been
focusing
on.
You
know
so
many
different
use
cases.
A
lot
of
them
are
around
invoice
financing
our
supply
chain,
healthcare
really
has
been
a
largely
unplowed
field,
and
so
last
night
was
you
know
my
first
pass
at
changing
that.
C
So
mark
it
wasn't
a
blockchain
focused
conference.
So
how
was
that
received
what
you
were
explaining
about
baseline
well.
F
You
know
talk
for
the
past
couple
of
years
about
how
blockchain
can
really
make
its
mark
on
the
healthcare
space,
especially
when
the
data
within
the
data
environment,
but
blockchain,
like
you,
know
many
other
new.
You
know
new
emerging
technologies.
You've
got
to
really
start
thinking
through.
You
know.
How
is
the
implementation
going
to
happen?
How
is
the
delivery
going
to
you
know,
flesh
out
and
there's
a
lot
of
assumptions
that
are
made,
and
you
know
the
biggest.
F
I
think
you
know
problematic
assumption
is
that
blockchain
when
we
introduce
it
as
a
new
solution
set,
we
contemplate
that
it's
going
to
replace
a
lot
of
different
components
of
the
it
architecture
and
become
a
dominant.
You
know
peace,
if
not
the
dominant
piece
and
that
contemplates
that
you're
going
to
displace
a
lot
of
things
that
are
already
there
and
a
lot
of
things
that
are
already.
There
are
multi-million
dollar
investments
that
have
already
gone
through
painful
implementation
or
upgrades,
and
you
know
they're
not
going
to
go
anywhere.
Just
by
saying
hey.
F
We
have
this
new.
You
know
shiny
new
penny,
blockchain
we're
just
going
to
plug
it
in
and
now
you're
going
to
have
a
single
source
of
truth
and
everyone's
going
to
have
the
same
copy
of
the
ledger,
and
that's
going
to
be
absolutely
wonderful
and
ctos
and
cios
as
well
as
even
the
people
just
administering
the
network
are
going.
F
F
That
really
suffer
from
you
know
the
pitfalls
of
data
sharing
that
they're
not
really
able
to
correct
easily
because
of
data
privacy,
and
so
it's
gotten
a
lot
of
attention,
particularly
in
clinical
trials
and
the
pandemic
has,
of
course,
you
know
heightened
the
attention
to
that.
You
know,
but
also
just
anywhere
within
healthcare
delivery.
We
want
to
make
sure
that
you
know
make
sure
that
people
are.
You
know
having
their
prescriptions
they're
taking
their
medications
in
the
correct.
You
know
prescribed
manner.
F
You
know
any
one
of
those
big
portion
is
gonna,
be
within
the
paying
for
the
healthcare
delivery.
You
know,
especially
within
the
u.s
healthcare
system,
where
you
have
a
health
insur.
A
healthcare
payer
which
you
know
is
the
is,
is
the
disperser
of
funds,
but
you've
got
the
providers
and
the
patients
who
are
you
know,
providers
are
you
know
giving
the
service
and
the
patients
are
receiving
them?
And
you
know
ultimately,
you
know
after
you
have
a
procedure.
F
You're
not
quite
done
because
now
comes
the
entire
processing
and
just
activity
to
find
out
what
is
your
ultimate
financial
obligation
to
each
party?
I
mean
you
know
the
patient
wants
to
know.
What's
my
co-pay
and
the
provider
wants
to
know?
F
Okay,
I
just
did
this,
and
so
I
now
want
to
be
paid
for
it
and
I
want
to
be
paid
for
it
by
you
know
the
negotiated
contract
rates
that
they
have
with
the
payer,
and
so
you
have
the
three
actors
all
there
together
in
one
work
step,
and
so
all
of
that
can
then
be
settled,
so
everyone
can
be
paid
and
the
payer
can
close
the
claim
you
know-
and
this
is
a
process
that,
under
the
current
environment,
takes
60
to
90
days
because
of
the
pitfalls
of
the
data
sharing
to
make
sure
everybody's
record
keeping
matches
up
and
so
having
you
know,
a
claim
settled
and
closed
in
record
time
is
just
incredibly
impactful
really
because
you
know
it's,
it's
common
knowledge
that
20
cents
of
every
healthcare
dollar
is
lost
through
fraud,
waste
and
abuse,
and
most
of
the
fraud
waste
and
abuse
originates
in
the
you
know,
just
fractured
methods
of
how
they
actually
put
the
you
know
shared
data
together
and
sync
up,
so
they
can
go
ahead
and
complete
their
workflows,
and
so
you
know
last
night.
F
What
I
want
to
do.
Is
you
hear
a
lot
about?
Blockchain
and
but
you're
thinking,
one
thing
that
blockchain
is
going
to
become
the
new
the
new
part
of
the
architecture
and
what
we
propose
is
you're
not
going
to
want
to
do
that,
because
you
have
your
own
systems
of
record
that
you
have
invested
heavily
in
and
your
staff
is
now
comfortable
using
and
now
you
know
we
don't
necessarily
want
to.
You
know
we
don't
necessarily
want
to
have
to
put
in
something
completely
new.
It's
not
particularly
attractive
to
us.
F
You
know
within
baseline,
we
can
say
you're
using
your
existing
systems
of
record,
but
what
we're
doing
is
we're
allowing
you
to
prove
a
state
of
synchronization
between
all
of
the
actors
within
a
multi-party
environment,
doing
so
with
zero
knowledge,
and
you
now
know
that
your
counterparties
are
matched
up
to
you,
so
you
can
go
ahead
and
complete
your
work
steps
in
a
fraction
of
the
time.
So
it
takes
your
back
office,
reconciliation
to
I
mean
to
mere
seconds
and
it
virtually
eliminates
your
cycle
times.
F
So
this
is
really
where
I
mean
I
sit
there
and
I
I
tell
people
all
the
time
I
said
yeah
baseline,
really
to
a
lot
of
people
that
have
been
talking
about
blockchain
use
cases
and
the
potential
of
it
within
healthcare.
I
don't
think
blockchain
might
be
the
most
compelling.
F
E
F
E
I
think
you
you
brought
in
some
really
interesting
points
at
it
and
we've
had
a
dedicated
episode
on
the
india
show
as
well
when
we
were
talking
about
the
use
of
baseline
in
in
for
healthcare
use
cases
and
I'm
sure
we're
going
to
brainstorm
a
little
more
once
we
have
the
new
releases
coming
in
and
the
new
capabilities
that
we
discover
while
we're
doing
it.
And
yes,
so
somebody
with
the
name
of
attack
titan
says
it's
a
mic
drop
moment.
So
yeah,
that's
what
that's!
What
mark
you
do.
E
So
I'm
sure,
I'm
sure
a
lot
of
people
are
going
to
play
back
this
episode
a
couple
of
times
or
many
number
of
times,
because
you
know
john
made
a
very
pretty
amazing
pitch
about
base
and
then,
of
course,
how
do
we
take
it
to
market?
How
do
we
bring
it
to
real
life?
Use
cases,
that's
something
which
mark
you
spoke
about.
Amazing
ideas,
ananth.
You
have
any
updates
to
share.
D
Hey
yeah
well,
I
have
been
fully
focused
on
my
siberian
project.
You
know
for
the
last
few
weeks,
so
that's
been
keeping
me
missing,
but.
E
A
D
If
you,
you
know
just
a
brief
update,
if
you
guys
want
to
hear
about
that,
we
we
got
accepted
into
this
cohort
with
ibm
and
mass
challenge.
D
We
are
building
a
project,
governance
platform,
of
course,
and
we've
been
looking
at
ways
of
using
baseline,
because
when
we
conceived
of
the
platform
architecture
right,
we
were
modeling
project,
milestone,
networks
right
as
dags
right
and
these
tags,
when
a
project
was
done,
was
going
to
be
connected
to
a
public
ledger
right
similar
to
what
baseline
does
you
know?
So
that's
kind
of
how
I
first
started
talking
to
john
the
interesting
thing
is
you
know
that
we
used
to
call
that
the
archive
network?
D
You
know
the
public
mainnet
to
which
you
connect
projects,
as
they
are
done,
because
baseline
is
a
bit
confusing
in
our
world,
because
baseline
refers
to
the
project
plan
right,
a
completely
different
thing.
When
I
first
talked
to
john,
he
was
like.
Why
do
you
call
this
baseline?
This
is
not
very
nice.
You
know,
you
know
we're
just
talking
about
different
things,
but
anyway,
so
that's
kind
of
what
you
know
we're
doing.
Our
use
cases
is
projects,
especially
complex
projects,
trillions
of
dollars
per
year,
whether
it's
infrastructure
or
even
healthcare.
D
Right
I
mean
you
might
have
heard
some
disastrous
id
implementations,
software
development
projects
and
different
agencies.
The
veteran
surface
you
know
in
the
united
states
is
particularly
notorious
for
scrapping
billion
dollar
id
projects
after
they,
you
know
overrun
by
100
or
200
percent.
You
know,
so
that's
the
that's
the
use
case
we
are
setting
out
to
solve.
We
have
some
synergies
in
baseline.
We
also
received.
We
also
got
a
patent
grant
this
week.
You
know
one
of
our
first
patents
finally
got
granted
three
years
later.
Congratulations.
D
It's
it's
been
a
long
journey
and
we're
also
getting
ready
to
receive
an
nsf.
You
know
national
science
foundation
grant
us
build
a
prototype.
You
know
for
this
this
platform
right
and
when
I
say
platform,
that's
an
interesting
thing
too.
When
you
talk
about
blockchain
right,
because
when
you
talk
about
cloud-based
platforms,
you
know
you
you
take,
you
know
any
number
of
cloud-based
platforms
that
are
purpose
to
solve
this
issue
of
organizations
working
together.
D
Sharing
data
organizations
are
really
reluctant
to
do
so
because
they
are,
you
know,
giving
up
their
data
to
a
private
cloud
that
might
be
controlled
by
someone
else.
You
know
like
say,
amazon
or
whoever
it
is,
that
is,
you
know,
providing
the
service
or
some
cloud-based.
I
know
software
platform,
that's
using
you
know
someone's
cloud.
D
So
when
we
talk
about
blockchain
platforms,
I
think
we
should
make
that
key
differentiation
where
that
there
is
some
part
of
the
information
that
will
still
be
owned
and
controlled.
You
know
by
the
organizations
themselves
right
so
blockchain
platforms
will
because
of
the
innate
nature
of
cryptography.
You
know
you
know
like,
for
instance,
you
know
what
baseline
is
doing
right
allows.
You
allows
organizations
to
participate
in
a
shared
platform
while
still
keeping
you
know
the
sensitive
portions
of
you
know
their
information
secret,
and
this
is
a
cree
hurdle.
D
You
know
which
has
kept
organizations
from
getting
onto
platforms,
social
media
platforms,
for
instance,
facebook
or
instagram
or
whatever
right
I
mean
you're,
trusting,
instagram
or
facebook.
You
know
when
you
say
something
said
something
to
be
private.
Well,
it's
not
private
to
them.
You
know
you're,
just
you're
you're,
basically
telling
them
that
you,
you
have
some
kind
of
a
very
vague
user
agreement
and
you
so
have
a
certain
element
of
trust
that
that
facebook
or
instagram
is
going
to
keep
what
you
said.
Private
private
right
organizations
don't
want
to
depend
on
that
trust.
D
You
know.
So
you
know
the.
So
that's
that's
an
important
differentiator.
I
think
when
we
are
talking
about
platforms
in
the
blockchain
space
right.
So
in
any
case,
our
next
step
is
going
to
be
to
build
out
our
team.
We
are
expecting
an
nsf
grant
in
the
next
few
weeks
and
we
need
to
build
our
development
team
and
that's
doing
quite
quite
challenging.
D
You
know,
because
the
shortage
of
developers-
and
you
know
you
need
to
find
people
who
understand
the
use
case
as
well,
because
it's
not
just
about
you,
know
the
technology,
it's
about.
What
are
you
trying
to
solve?
What
is
the
industry
context
and
I'm
sure
that's
part
of
some?
That's
something
that
john
talks
about
quite
a
bit
as
well
right.
D
You
know
you
don't
just
get
excited
about
blockchain
right.
What
what
is
the
use
case?
You
know,
why
does
it
help
right
and
so
on?
So
anyway,
that's
that's
kind
of
yeah.
E
So
I
think,
with
this
we're
good
would
be
good
to
wrap
up
today's
session.
I
think
we
were
planning
to
sonar.
We
were
planning
to
keep
it
low
key
today,
but
turned
out
to
be
so
interesting
right
with
all
the
conversations
all
the
chat
running
everybody
who's
watching
us
to
mark
your
calendars
for
next
week,
it's
going
to
be
really
exciting.
There
is,
you
know
it's
it's
going
to
be
an
absolutely
power
pack.
C
Yeah,
I
was
going
to
say
we're
going
to
extend
to
an
hour
and
a
half
or
up
to
two
hours,
I'm
still
finalizing
the
agenda,
but
we
keep
coming
up
with
things
that
we
can
add
like
just
even
doing
like
a
year
in
review
on
milestones.
Some.
E
D
C
Going
forward
so
we
keep
finding
more
and
more
interesting
things
that
we
want
to
add
in.
C
E
Awesome
awesome,
yeah,
so
people
please
have
two
hours
next
week
middle
of
the
week,
it's
the
hump
day
take
some
time
off
and
do
listen
into
the
very
interesting
updates
that
we
have
to
share
with
the
community
with
that
this
is
simrad
signing
off.
Thank
you
so
much
everybody
for
tuning
in
today,
thanks.