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From YouTube: BoF: Hybrid Networks – The New Reality - Interoperability between Permissioned and Public Chains...
Description
BoF: Hybrid Networks – The New Reality - Interoperability between Permissioned and Public Chains to Drive Web 3 Adoption - Shyam Nagarajan, IBM; Danno Ferrin, Swirlds Labs & Medha Parlikar, CasperLabs
Over the last 5 years Enterprises have leveraged permissioned/private blockchain for enterprise use cases which has led to digitization of assets that are used for value exchange among the permissioned participants. Public chains bring a larger ecosystem and liquidity that can be valuable to the monetization of the digital assets created in the permissioned/ private blockchain networks. Technological enhancements like Zero Knowledge proofs and Non Fungible Tokens can allow safe exchange of value across permissioned/ private and public chains. Hyperledger project “Cactus” and “Weaver” assets are initiatives that are making this interoperability possible. In this BoF session, we will lead a conversation with the audience on the what, how and application of these Hybrid networks among different experts.
Sessions Details & Slides (if available): https://sched.co/19oTT
Access All Sessions: https://events.linuxfoundation.org/hyperledger-global-forum/program/schedule/
----
Hyperledger – Open Source Blockchain Technologies
Hyperledger is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments.
It serves as a neutral home for various distributed ledger frameworks including Hyperledger Besu, Fabric, Sawtooth, Indy, as well as tools like Hyperledger Avalon, Cactus and libraries like Hyperledger Aries, Ursa. Learn more about Hyperledger projects: https://www.hyperledger.org/use
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License
Creative Commons Attribution license (reuse allowed)
A
Welcome
everyone,
and,
if
you're
wondering
what
session
you
were
in,
we
are
here
to
talk
about
hybrid
networks
and
interoperability
between
primate
private
permission,
networks
and
public
chains,
I'm,
shyam,
nagarajan
and
I'm
executive
partner,
with
IBM
and
I
focus
on
web3
and
sustainability,
and
have
been
in
this
space
for
the
last
six.
Seven
years
really
excited
about
this
particular
topic
of
hybrid
networks.
Ibm's
engagement
with
hyperledger
has
been
really
big
since
the
Inception
and
now
we're
starting
to
see
different
patterns
emerge
in
the
market,
and
this
is
part
of
that
session.
A
B
Thanks
Sean
Meda
parlikar
I'm,
the
CTO
and
one
of
the
co-founders
of
Casper
labs
and
we're
the
team
behind
the
public
Casper
protocol,
which
is
a
public
decentralized
permissionless
protocol
purpose
built
for
the
Enterprise
and
yeah
I'm
really
excited
to
be
here
to
talk
about
hybrid
networks.
We're
learning
a
lot
too
from
Enterprise
about
their
desire
to
tap
a
little
bit
into
public
networks.
C
My
name
is
Daniel
Farren
I'm,
a
principal
software
engineer
at
hedera
networks
and
I
kind
of
wear
two
different
public
network
hats,
one
I'm
working
on
the
hedera
network,
doing
a
lot
of
work
on
the
smart
contract
system
right
now
and
the
other
network
hack
that
I
wear
is
ethereum
mainnet
I'm,
one
of
the
maintainers
on
hyperledger
Basu.
That
also
makes
me
an
ethereum
core
developer.
A
All
right,
thank
you
very
much,
Daniel
and
and
Meda.
This
session
is
a
bird's
eye
feather
session.
So,
while
we
have
individual
points
of
view,
we
welcome
the
audience
if
they
have
a
point
of
view
or
if
you
have
questions,
clarification,
feel
free
to
bring
them
up
and
we'll
we'll
have
address
them
as
we
go
along
Okay,
so
hybrid
networks,
here's
my
view
and
definition
of
hybrid
networks.
A
The
concept
of
a
hybrid
network
is
when
one
blockchain
network
crosses
over
either
in
terms
of
interconnectivity
or
interoperability
into
another
Network,
and
there
may
or
may
not
be
reciprocation
from
the
other
network,
but
there
are
interconnected
or
interoperable
is
what
item
is
hybrid
Network?
Why
are
we
seeing
these
is?
Why
is
there
a
necessity
for
them
right,
and
this
morning
you
had
Rob
Rob
plotnik
and
as
well
as
Chris
from
Fujitsu,
stand
up
and
say
they're
developing
several
applications
that
are
in
the
spaces
of
financial
services.
A
Institutional
Asset,
Management
Insurance
great,
but
these
networks
don't
operate
operate
in
isolation.
There
comes
a
point
where
it
has
done
what
it
was
designed
to
do,
but
it
needs
to
grow.
It
needs
to
have
that
extensibility
to
take
proofs
or
assets
from
one
network
into
another
Network.
Why
would
you
do
that,
especially?
Why
would
you
take
it
into
a
public
network,
as
maybe
there's
a
need
for
monetization
and
liquidity?
Maybe
there's
a
need
for
access
to
a
bigger
ecosystem,
so
you
don't
have
the
the
burden
of
building
a
huge
consortia.
A
Are
you
giving
up
something
with
respect
to
going
from
a
permission
and
a
private
role
into
a
public
world
yeah
there's
a
little
little
bit
of
privacy
and
security
that
you
do
give
up
so
which
comes
back
to
the
question
of
what
are
you
going
to
take
into
the
public
world?
How
are
you
what
information
are
you
exchanging
and
is
that
something
that
you
can
allow
it
to
be
if
the
network
gets,
the
public
network
does
get
compromised.
A
You'd
be
okay
with
having
that
as
a
proof,
not
as
a
compromising
your
publisher
Network.
So
these
are
all
the
questions
that
has
to
be
addressed
very
carefully,
and
these
hybrid
networks
has
to
be
architect
in
the
right
way.
So
there
are
more
use
cases
that
I'm
happy
to
talk,
but
I
do
want
Dano
and
Meadow's
perspective
on
what
they
think
about
this
and
then
we'll
get
into
those
details.
B
Thanks
from
my
perspective,
I
think
that
permissioned
networks
and
private
networks
have
definitely
have
a
place
and
Enterprise
that
goes
without
saying.
Enterprises
really
really
want
privacy
around
their
data.
They
want
to
maintain
competitive
Advantage.
They
don't
they're
not
yet
ready
to
collaborate
on
public
networks
right.
We,
the
time
is
not
yet
now
they
also
need
oftentimes.
B
A
private
Network,
a
private
permission
network
doesn't
actually
have
the
same
level
of
trust
as
a
decentralized
public
network
and
so
something
as
simple
as
just
shipping
a
block
hash
to
a
public
network
and
getting
back
a
Merkel
proof
that
can
demonstrate
that
your
blocks
haven't
been
tampered
with,
because
the
hashes
have
remained
immutable
will
be
important
in
establishing
customer
trust.
So,
what's
an
excellent
example
of
this,
for
example,
let's
say
supply
chain
right:
you
need
to
keep
your
supply
chain
data
private,
for
security
reasons,
those
transports,
the
the
trucks,
the
shipping.
B
C
So,
from
my
perspective,
on
hybrid
networks,
I
reflect
on
the
part
where
I'm
you
know,
I've
got
to
flip
both
in
the
public
network
Community
with
ethereum
mainnet
and
a
lot
of
the
other
stuff
in
in
the
private
Network
Community,
which
is
a
lot
of
the
Enterprise
interests
in
in
blockchains
and
one
of
the
the
big,
the
big
developing
themes.
That's
growing
in
the
public
network.
C
Community
is
the
notion
of
a
modular
blockchain
on
a
modular
blockchain
is
where
you
take
certain
aspects
of
it
and
you
split
it
up
and
you
mix
and
match
it
like
Legos
and
the
layers
are
like
execution,
layer,
settlement,
layer,
data,
availability,
layer,
consensus
layer
and
you
can
take
those
pieces.
You
can
put
it
together.
One
example
that
I
see
of
this
already
is
what's
what's
called:
Layer
Two
in
ethereum,
where
they've
written
a
separate
set
of
of
an
evm
type
blockchain,
but
they
don't
have
a
consensus
layer
of
their
own.
C
They
rely
on
the
ethereum
level
one
now.
These
are
both
public
networks
for
both
of
them,
so
I
wouldn't
really
call
them
a
hybrid
Network,
because
it's
Public
public
there's
not
too
much
hybrid
about
it,
but
that's
an
example
of
how
you
might
take
these
Lego
pieces
and
stack
them
together
in
different
ways.
One
way
that
hedera
has
that.
Does
this
public
private
type
mix
up
where
you
can
take
one
one
layer
and
use
it
in
a
private
public?
Is
we
have
a
plugable
HCS
consensus
layer
for
hyper
Ledger
fabric?
C
We
can
take
the
services
of
the
order
and
we
can
map
that
onto
a
hedera
consensus
topic.
So
you
would
use
the
hedera
consensus
engine
to
put
your
order
hashes
in
and
let
that
public
piece
handle
all
the
ordering
in
the
distribution
and
data
availability
issues
for
you.
So
then
your
your
fabric,
Network,
wouldn't
need
to
maintain
an
order
across.
However
many
different
organizations,
you
have
one
trusted
one
and
that's
on
a
public
network
and
it's
hashes,
so
there's
no
privacy
coming
out.
Then
you
take
that
information
in
your
private
Network.
C
B
So
what
they're
wanting
to
do
is
Bridge
those
assets
over
to
a
public
network
and
then
issue
a
token
which
is
an
asset-backed
token,
like
an
asset,
real
asset
back
stable
coin
right,
so
you're,
seeing
this
in
a
lot
of
the
the
C5
and
large
banking
institutions
that
are
looking
to
gain
liquidity
and
now
that
they're
getting
transparency
thanks
to
their
blockchain
instances.
They
can
now
take
advantage
of
these
bigger
markets
using
the
public
Trust
of
a
decentralized
protocol.
So
this
is
one
use
case.
We're
absolutely
seeing
we're.
B
Also
hearing
a
lot
about
Brands
wanting
to
Bridge,
nfts,
Over
You
know
so
they're
creating
these
nfts
that
are
Collectibles
and
their
customers
want
to
be
able
to
bridge
these
over
to
open,
C
and
ethereum,
for
example,
or
other
public
networks.
So
they
can
tap
into
that
larger
web3
community
and
you
know,
get
value,
but
then
also
try
to
bring
some
of
that
web
3.
Community
into
their
brands
right
into
their
ecosystem
and
so
we're
seeing
a
good
amount
of
traction
there
as
well.
C
But
when
you
put
your
hashes
in
there
and
you
put
like
a
Merkle
tree
or
some
other
structure
that
you
can
prove
into
it
and
have
you
know
you
know,
32
32
bytes
can
hide
a
whole
lot
and
can
prove
a
whole
lot
if
you
structure
it
properly.
So
a
lot
of
these
use
cases
out
there
would
need
to
make
sure
that
they
can
minimize
the
amount
of
data
they
put
on
these
public
networks
and
that's
valuable,
because
some
of
these
posting
on
public
networks
can
get
quite
expensive,
especially
when
you're
talking
about
stuff.
A
This
is
a
this
is
a
a
startup
called
ipv
and
they
are
based
in
Switzerland
and
North
America.
They
actually
brought
the
information
from
all
the
patent
offices
into
a
single
registry
and
can
do
analytics
and
used
hyperledger
fabric
to
actually
create
ownership
provenance
information
on
the
patents.
So
then
they
can
provide
irrefutable
Pew
proof
to
their
clients
when
they
come
to
appeal
for
a
unique
patents
that
they're
filing
and
make
analytics
predictions
on
the
possibility
of
this
being
breached
in
other
markets,
and
so
on
so
forth.
That
was
phase
one.
A
What
they
quickly
realized
and
I'm
gonna
have
made
a
talk
about
this.
A
little
bit
more
is
because
they
had
access
and
odd,
already
established
a
network,
a
private
permission
network
with
with
all
the
right
parties
inside
it
for
authenticity
and
provenance
of
all
these
patents.
Now
they
could
create
nfts
all
of
these
patents
that
can
then
be
used
in
public
network
for
tradability.
For
licensing
for
loyalty
and
the
life
cycle
tracking
of
the
patent
with
the
patent
offices,
this
is
a
huge,
huge
innovation
in
the
world
of
patents.
A
If
you
think
about
it,
any
organization,
if
you're
part
of
a
startup
or
even
a
large
Enterprise,
you
file
patrons
all
the
time,
but
only
I,
think
about
20
of
your
patents
that
your
file
is
actually
being
used
within
your
organization.
Rest
is
either
sitting
on
shelf
or
gets
expired
and
you're
continuously
paying,
and
this
idea
of
tokenization
allows
you
to
open
up
this
asset,
which
is
an
illiquid
asset.
That's
sitting
on
your
balance
sheet
to
be
able
to
trade
our
license
and
make
it
monetizable
in
the
market.
B
As
well
yeah,
definitely
it's
a
hybrid
implementation.
The
negotiation
of
the
terms
of
sale
of
a
patent
within
ipe's
infrastructure
happens
on
hyperledger
because
they
needed
the
Privacy
channel.
So
it's
only
a
two-party.
You
know,
negotiation
that
happens
with
the
terms
of
the
sale,
are
negotiated
and
agreed
upon,
but
then,
when
the
nft
is
minted,
it's
minted
on
the
public
Casper
network
with
the
patent
identified
and
the
ownership
is
tracked
on
the
mainnet.
Now
interesting
thing
is,
we
are
negotiating.
We
are
engaging
with
ipv
for
phase
two,
and
this
is
where
things
get
really
interesting.
B
Is
they
are
coming
up
with
patent
bundles?
So
now,
if
you
can
imagine,
let's
just
take
the
cell
phone
vertical
as
an
example.
So
if
you
can
imagine,
Samsung
Qualcomm
Nokia
will
all
have
patents
that
are
related
given
a
certain
vertical
or
value
proposition
and
they'll
each
patent,
some
portion
of
the
technology
and
they
each
own
those
patents
now
individually.
B
This
nft
bundle
negotiate
the
terms
of
sale
and
hyperledger,
but
then
the
royalties
and
everything
are
all
tracked
by
a
smart
contract,
and
then
the
nft
is
transferred
in
its
ownership,
with
all
the
patents
bundled
into
it
on
the
public
Casper
protocol.
So
this
is
an
excellent
use
case
of
this
public
private
hybrid.
That
we've
talked
about
where
you
get
the
best
of
both
Technologies.
A
So
the
next
one
that
I
got
is
actually
in
the
world
of
ESG
and
sustainability.
As
you
all
know,
carpets
today
have
to
have
some
form
of
shareholder
reporting
on
sustainability
and,
frankly,
I
think,
an
organization
that
doesn't
have
a
well-established
Net
Zero
goal
they
get
ranked
in
terms
of
marketability
in
the
in
the
market.
So
this
is
more
true
in
Europe
than
in
some
of
the
other
parts
in
North
America.
A
A
I,
don't
know
if
you
own
ESG
Investments,
but
ESG
investors
struggle
to
hold
the
invested
companies
accountable
to
the
kpis
they
actually
originally
commit
to
before
the
Investments
and
obviously
as
a
as
a
investor
or
the
other
company
in
which
that
you
get
invested,
do
not
want
to
share
too
much
information
about
their
metrics
all
the
time
to
the
investors.
They
do
it
on
a
CO
on
a
I
think
it's
a
yearly
basis
as
their
term.
Right
now
and
by
the
time
that
information
gets
transferred
to
the
investors,
it's
too
late.
A
A
So
what
we
are
seeing
is
where
organizations
are
starting
to
track
their
internal
sustainability,
metrics
on
private
permission
protocols
like
hyperledger
Fabric
and
are
then
looking
at
ways
to
report
to
the
market
that
they
are
either
meeting
the
metrics
or
not
meeting
the
metrics
but
unrefutable.
You
know
indisputable
proof
of
their
metrics
being
held
in
a
private
commission
Network,
and
this
is
where
we're
doing
some
work
with
Herrera
Network
right
now,
on
with
some
companies
on
establishing
this
for
recyclability
and
as
well
as
you
know,
responsible
sourcing
initiatives
and
the
likes.
A
So
again,
the
public
world
knows
that
you're
still,
you
know
it
has
proof
of
where
your
metrics
are
all
the
time.
It
doesn't
have
the
details
of
what
exactly
those
metrics
are,
but
the
private
permission
world
has
auditable
quality
at
any
point
to
show
that
they
are
computed
and
they
are
on
track
or
off
track
to
that
so
interesting
concept,
starting
to
see
a
lot
of
traction
in
the
market
interest
from
organizations
this
is
in
in
both
the
sides.
A
The
financial
services
Community
is
very
interested
in
this,
but
also
the
individual
companies
themselves
and
how
they're
tracking
their
sustainable
initiatives
as
a
very
adapting
this
quickly.
The
last
pattern
that
I'll
I'll
tell
you.
Actually
it's
not
a
pattern.
It's
a
real
customer
I
can't
tell
you
the
names,
because
that's
how
our
world
is
in
the
world
of
cbdc
right,
Central,
Bank,
digital
currency.
We
see
a
need
for
private
permissioned
way
of
managing
what
they
call
as
asset
Ledger
across
different
wholesale
Banks
and
the
central
bank,
and
that
being
occurred
on
a
private
permission.
A
World
in
a
you
know,
it
could
be
fabric
could
be.
You
know
a
Casper
Herrera
all
these
world,
where
there's
control
there's
permission
and
there
is
access,
but
only
for
the
parties
that
are
already
trusted
and
can
be
good
when
the
Bridget
into
the
the
the
retail
cbdc
World,
which
has
needs
to
have
a
level
of
decentralization
and-
and
you
know,
anonymization,
especially
with
the
cash
aspect.
A
So
there
is
a
need
for
certain
level
of
a
wall
between
what
is
visible
and
what's
not
visible,
and
this
is
just
Pilots,
that's
going
on
in
different
countries
where
they're
looking
at
the
interoperability
between
the
public
and
the
permission
chains,
so
just
some
some
thoughts
to
think
about
real
applications.
I
think
the
world
is
here.
A
If
you
ask
me
five
years
ago,
I
would
say:
the
world
is
just
private
permission.
Public
has
got
is
still
involved
with
primary
cryptocurrencies,
but
now's
world
is
changing.
You
see
I'm
here,
but
two
other
representatives
from
the
public
world,
so
we,
the
hybrid
networks,
is
here
any
other
comments.
C
C
You
could
one
of
the
things
you
can
do
with
a
hybrid
Ledger
is
you
can
keep
the
Ledger
public,
but
you
can
change
some
of
the
rules
of
The
Ledger
that
might
fit
some
of
the
needs
of
your
games.
For
example,
if
you
keep
all
your
game
pieces
on
the
ethereum
network
on
mainnet,
you
can't
place
rules
such
as,
if
you
violate
our
terms
of
service
and
stream,
some
some
stuff
on
Twitch
that
we
can
associate
ourselves
with,
you
can't
take
back
their
game
pieces.
C
You
know
that's
a
very
common
thing
that
people
like
to
do,
and
so
so
games
that
you
don't
want
have
total
ownership
to
be
important.
They'll
stay
on
ethereum
mean
that,
but
those
won't
be
all
the
games
that
are
going
to
want
to
use
blockchain
there's
going
to
be
companies
who
are
okay
with
that
sort
of
an
approach,
so
you
would
use
a
hybrid
blockchain
and
you
would
keep
the
data
on
a
roll-up
that
gives
you
the
Privileges.
C
If,
if
your
user
winds
up
on
a
nofac
list,
you
could
probably
repossess
them
some
of
their
game
pieces
if
they
do
the
things
that
might
not
be
compatible
with
the
way
you
want
to
run
your
run
your
game
system.
So
that's
some
of
the
the
advantages
of
going
to
a
hybrid
network
is
you
can
enforce
some
of
these
rules.
That
regulation
might
require
of
you
that
you
could
not
do
on
a
public
network
because
there's
you
know
on
on
ethereum
mean
that
if
you
don't
have
the
keys,
your
assets
just
don't
get
transferred.
D
A
A
If
you
can
create
a
side
Ledger
on
a
public
public
network,
you
can
do
it
that
way,
yeah.
Of
course,
this
is
because
this
is
the
hot.
This
is
where
we
started.
We
started
with
the
hyperledger
fabric
and
doing
it
as
a
permission
system
and
then
eventually
decided.
We
were
going
to
tokenize
this
Assets
in
a
public
network
and
that's
how
we
built
the
bridge.
A
D
A
I,
don't
disagree
and
that's
completely
possible.
The
two
key
drivers
that
I
think
is
important.
One
is
liquidity
right.
I
think.
The
key
reason
why
you
would
want
to
go
to
a
public
Ledger
is
to
have
some
form
of
monetization
from
the
liquidity
form.
The
second
one
is
a
bigger
ecosystem.
Access
and
I.
I
will
tell
you
in
my
seven
years
of
building
consortia.
They
are
really
difficult.
D
How
do
you
deal
with
the
aspects
of
when
you
go
to
public
public,
the
main
public
net?
You
have
at
least
two
things
that
you
have
to
talk
about:
governance,
two
issues
that
you
have
to
do:
the
governance
of
the
network,
so
who
can
decide
to
who
can
change
the
rules
of
the
public
matter
and
fluctuation
of
the
fees?
How
do
you
deal
with.
B
B
The
technology
needs
to
provide
the
capabilities
to
the
participants
and
users
of
the
network
to
govern
the
network,
and
so
what
that
means
is
we
empower
the
persons
that
are
holding
the
stake
in
the
Casper
Network
to
vote
on
chain
or
vote
on
governance
issues
and
allow
themselves
to
be
heard.
We
provide
capabilities
for
Enterprises
to
govern
their
Integrations
on
the
Casper
Network.
They
can
upgrade
their
contracts,
they
can
revoke
their
contracts.
B
They
can
even
recover
and
revoke
keys
if
they
wish
to
do
that,
because
we
provide
the
capabilities
in
the
technology
itself,
so
an
Enterprise
can
really
govern
their
own
implementation
of
Casper,
even
on
mainnet
right.
So
we
felt
that
that
was
really
important.
So
an
example.
A
hard
Fork
is
a
great
example.
God
forbid,
there's
a
hard
Fork
on
Casper
Network
and
now
in
a
lot
of
other
protocols.
B
You'll
see
two
copies
of
your
contracts
in
Casper,
we
provide
tooling
that
the
the
company
can
decide
to
kill
the
contracts
they
can
kill
both
contracts
on
both
Forks
or
they
can
choose
to
say
we're
going
on
this
side
of
the
fork
and
we're
going
to
kill
the
other
one
right.
So
I
look
at
it
from
providing
the
capabilities
versus
actually
getting
in
there
and
doing
the
governance.
So
we
allow
the
companies
to
do
perform
their
own
governance
around
how
the
public
chain
how
they
interact
with
the
public
chain-
gas
fees
right.
B
That
was
the
other
question
yeah.
So
we
have
some
innovations
that
are
coming
out
as
part
of
Casper
2.0.
We
will
be
offering
contracts
that
can
stake
the
network
and
contracts
that
can
pay
for
their
own
execution.
There
is
a
novel,
Gatsby
mechanism
that
will
be
coming
at
the
end
of
q1.
I
can't
talk
too
much
about
it
just
yet,
because
it's
it's
just
coming
out
of
research
now,
but
it
will
stabilize
gas
fees
and
may
not.
C
So
for
gasps
on
hedera,
our
fees
are
fixed
to
Fiat.
We
have
a
exchange
rate
on
chain
that
will
move
the
cost
in
h-bar
to
what
the
fixed
fee
is.
So
if
it's
going
to
cost
you
a
tenth
of
a
cent
to
do
a
transfer,
it's
always
going
to
cost
you
that
converted
amount
within
a
day's
fluctuation.
There
is
some
fluctuation,
but
I.
C
Think
that
that
gets
to
a
higher
point
is
that
when
you
integrate
with
your
public
network,
you
need
to
do
your
homework
and
and
be
prepared
for
what
you
find
on
the
public
network.
If
you
figure
out,
what's
most
important
to
you
and
find
a
network
that
fits
your
needs,
not
everyone
needs
to
be
on
ethereum
mainnet,
you
know,
maybe
maybe
Avalanche
is
right
for
you,
maybe
a
polka
dot
or
a
cosmosum
chains
before
you.
C
Maybe
hedera
is
the
right
place
for
you,
but
when
you're
looking
at
these,
these
Lego
pieces
to
put
together
just
like
building
in
the
other
system,
you
need
to
do
your
homework
and
see
what
you
can
control
and
what
you
can't
control
and
if
you
can't
control
it
make
sure
you're.
Okay
with
the
range
it
operates
within
and
if
you
don't
want
to
spend
500
bucks
to
deploy
a
smart
contract,
maybe
you
need
to
wait
until
Sunday
morning
to
post
your
contracts
on
ethereum.
C
And
governors-
that's
right.
That's
another
important
part
hedera,
it's
a
public
network,
but
it's
not
a
permission
list
right
now.
There's
23
different
council
members
right
now
that
govern
the
ruling
of
hedera
right
now
kind
of
like
the
Visa,
Network
and
they're
separate,
and
you
know,
they're
big
names.
You'd
recognize
I'm
totally
blanking
on
what
are
some
of
the
ones.
I
should
list
Brett
Google
IBM
Boeing!
C
Those
are
you
know,
those
are
the
the
those
are
the
types
of
companies
that
are
putting
Representatives
on
this
board
to
to
to
control
the
fees
to
control
the
Technologies,
and
just
recently
we
turned
on
to
update
the
software.
You
need
to
get
like
two-thirds
of
them
to
sign
a
message
before
we
can
update
the
software
on
the
network.
A
I'm
gonna
do
a
quick,
wrap
up
and
we're
open
for
questions.
We
can
talk
offline
here
as
well.
Netnet
is
hybrid
networks,
are
a
reality.
They're
already
happening
in
the
market
right
now,
whether
you
like
it
or
not.
There
are
projects
like
the
cactus
and
as
well
as
the
Weaver
project,
which,
incidentally,
are
going
to
be
merged
together,
and
this
is
now
called
cacti
that
offers
you
the
capability
to
interoperate,
between
hybrid
between
networks,
permission
and
as
well
as
the
public
networks.
A
So
there
are
instances
of
where
real
adoption
is
going
to
grow
up.
I,
encourage
you
as
you're,
designing
your
your
systems
to
consider
the
long-term
growth
of
your
network
when
making
decisions
on
technology
as
well,
so
just
things
to
keep
in
mind
and
have
a
open
mind
to
adopt
us
in
your
organization.
Thank
you
very
much.
B
B
C
While
we're
plugging
sessions,
I
have
a
session
next
on
integrating
the
evm
into
hyperledger,
not
hyperledger
hedera,
integrating
the
hyperledger
basic
EDM
in
Wilco
2B
and
then
I'm
sitting
on
another
security.
Fireside
chat
right
after
that,
and
let
me
see
what
room
that's
why
I
got
my
phone
out,
so
I
can
figure
out
what
rooms
I
have
to
go
to
the
ecosem
room.
Is
that
this
room,
or
is
that
the
room
next
door
so
I'll
be
back
here
in
a
couple
hours
so.