►
From YouTube: Opening Keynote: Blockchain for Social Good Hanna Zubko
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A
A
Just
before
I
start
and
dive
into
the
topic.
I
would
like
to
mention
that,
although
I've
been
in
the
business
for
ten
years,
my
background
is
in
entrepreneurship,
finance
economics,
so
I
was
learning
technology
with
the
team
and
we
are
currently
the
60
people
team,
mostly
engineers,
and
it
would
help
me
to
understand
a
little
bit
about
your
background.
A
Wonderful,
thank
you.
So
the
rest
is
probably
watching
to
desk
or
social
good
Intel
enthusiast
I
assume.
So
just
to
start.
So
for
those
of
you
who
are
new
to
blockchain,
there
is
a
ton
of
information
online
ton
of
information
coming
from
media.
There
is
a
couple
of
good
books
out
there
is
that
I
would
just
refer
to
like
Don
and
Alex.
Tapscott
is
my
personal
favorites
of
picturing,
this
beautiful,
perfect
future
with
blockchains
and
all
the
different
applications.
A
But
for
me,
during
this
30
minutes
that
we
have
together,
45
minutes
with
QA
I
would
like
to
focus
on
specific
projects
and
initiatives
where
individuals
and
companies
are
coming
together
to
actually
work
on
specific
difference.
Making
application
and
I
will
start
with
the
ones
that
are
potentially
less
known
and
in
preparation
to
this
talk,
I
have
interviewed
couple
dozen
blockchain
specialists,
in
addition
to
our
own
expertise,
just
two
whole
like
what
would
be
an
interesting
topic
and
what
would
be
the
interesting
startups
and
initiatives
to
talk
about.
B
Technology
allows
for
decision
making
and
running
of
any
organization
to
be
completely
automated.
We
are
at
the
start
of
a
new
era,
the
decentralized
autonomous
organization
or
dau
act.
As
a
global
initiative
built
on
this
technology.
It
allows
people
to
support
causes.
They
believe
in
acts
can
be
accessed
by
anyone
with
a
smartphone.
It
works
by
allowing
users
to
purchase
vote
which
can
be
applied
to
project
proposals.
B
Anyone
can
propose
a
project
for
funding
and
these
are
organized
by
geography
and
cause
sites.
When
a
quorum
is
reached,
the
project
automatically
gets
funded
instantly.
This
is
called
a
smart
contract.
Here's
an
example
of
act
working
in
action,
Maria
Zuba
lives
with
her
disabled
daughter,
Lena
in
Minsk
in
Belarus.
Lena
is
confined
to
a
wheelchair.
Recently,
the
elevator
in
their
apartment
building
stopped
working
fixing.
It
is
the
responsibility
of
the
local
government,
but
they
said
they
could
not
fix
it.
For
budgetary
reasons,
local
law
has
provisions
for
petitions
with
signatures
to
trigger
a
reasoning.
B
Maria
believes
2000
signatures
in
a
petition
could
encourage
state
action,
but
she
needs
about
$200
for
thoughts
like
transport
and
advertising.
This
is
equivalent
to
her
monthly
wage.
She
submits
her
case
on
the
new
act
platform
and
after
a
period
of
review
by
proposal
curators,
the
act
community
is
notified
through
the
app
support
for
Maria
and
Lena's
problem
is
massive
and
global.
Her
cause
is
funded
quickly
with
additional
funds
brings
further
proposals
both
in
Belarus
and
around
the
world.
B
20:16
thought
anti-coal
movement
globally
from
the
US
UK
in
Germany
to
Australia
and
Indonesia.
As
movements
such
as
these
grow,
the
related
financial
burden
tends
to
fall
on
local
communities
through
act.
Financial
support
can
be
mobilized
quickly,
only
limited
by
the
generosity
and
commitment
of
citizens,
globally,
millions
of
euros
or
dollars
to
be
deployed
for
game-changing
civic
action
in
a
matter
of
hours.
B
With
all
funding
decisions
made
by
citizens
themselves
utilizing
the
power
of
blockchain
technology
individuals
all
over
the
world
can
unify
in
powerful
new
ways
to
ensure
social
accountability
and
build
the
future
we
want
for
ourselves
and
our
children.
This
is
possible.
Welcome
to
act.
Citizens
first.
A
This
thing
we
talked
for
a
few
hours
about
initially
how
could
blockchain
technology
impact
climate
change
and
support
sustainability,
but,
as
he
was
working
with
his
team
on
formulating
decision,
it
went
way
beyond
on
creating
something
very
generic
where
we
as
individuals,
no
matter
where
we
are,
can
support
someone
else
in
the
other
corner
of
the
world
and
make
a
difference
in
their
life
in
their
community's
life.
Or
what
makes
me
believe
that
it
has.
A
The
future
is
the
fact
that
there
is
new
generation
of
globalists
about
to
take
grain
from
Millennials
and
when
I
see
my
friend's
daughter,
who
is
five
years
old.
Coming
with
the
piggybank
and
saying
I
saw
on
TV
that
girls
in
Afghanistan
don't
have
access
to
education
and
they
don't
have
even
basic
means
and
I
want
to
contribute
this
money
that
I've
been
saving
to
them
like
mom.
A
So
Eddy
Dow
has
been
designed
to
address
the
problem
of
educational
institutions,
schools,
community
colleges,
who
do
not
necessarily
have
the
necessary
funding
either
for
equipment
that
they
need
or
for
financing
certain
curriculum.
The
challenge
also
not
only
around
not
enough
finance,
but
also
certain
rigid
procedures
that
require
institutions,
educational
institutions
to
spend
money
certain
way.
So
what
they
came
out
with
is
this
low
cost
and
by
low
cost.
It
means
that
it's
120th
oversee
of
off
DonorsChoose
and
1/10
of
a
Kickstarter.
A
A
They
also
have
been
engaged
into
numerous
sense
of
running
numerous
hackathons,
together
with
Startup
Weekend
and
also
work
on
social
activities
like
walking
your
first
interview
with
technology
company
and
so
on,
though
eugene
Leventhal
is
behind
this
project.
There's
also
like
on
all
pages.
I
include
Twitter
handles,
so
you
can
easily
find
you
can
easily
connect
or
if
you
don't
find-
and
you
want
to
engage
with
some
projects
reach
out
to
me-
I'll-
be
happy
to
connect
you
so
coming.
A
Next,
so
I
talked
about
like
different
types
of
crowdfunding
and
impact
and
I
would
like
to
touch
on
the
topic
of
digital
identity
max
and
what
is
the
problem
around
digital
identity?
This
requires
solving
so
I,
don't
know
how
familiar
you
are
with
the
topic,
but
according
to
different
calculations,
there
is
one
point
to,
and
some
say,
1.5
billion
people
who
do
not
have
any
type
of
government
identity.
No
birth
certificates
no
driver's
licenses
well
pretty
much
nothing
to
prove
who
they
are,
and
the
price
that
comes
this
individuals
pay
is
that
pretty
much?
A
Every
sixth
person
is
not
participating
in
economy.
They
do
not
have
access
to
government
services,
they
do
not
have
access
to
health
care,
to
possibility
to
open
bank
account
travel
like
all
the
standard
challenges
and,
what's
even
more
worrying
that
very
often
like
there's
60
million
refugees
or
displaced
individuals
and
what
worrying's,
as
many
of
them,
are
women
who
are
vulnerable
to
trafficking
like
women
and
men,
vulnerable
to
forced
labor.
So
one
of
the
initiatives
in
the
space
that
wanted
to
tackle
this,
in
addition,
like
jointly
with
a
number
of
industry
leaders,
is
ID
2020.
A
The
goal
there
was
to
create
a
digital
identity
that
would
be
like
personal,
persistent,
private
and
portable
aside
from
ID
2010
there's
like
also
recently
announced
decentralized
identity
foundation,
which
is
also
consortium
of
large
players
like
Microsoft
Accenture,
a
bunch
of
startups
that
are
working
also
jointly
with
United
Nations
to
create
a
solution
for
this
problem.
The
goal
is
to
define
the
technological
solution
by
2020
and
to
have
all
all
individuals
with
access
to
digital
portable
digital
identity
by
2030.
A
A
We
are
proud
member
one
of
the
founding
members
of
a
hyper
ledger
and
it
grew
from
30
initial
members
to
over
one
hundred
and
forty
organization
institution
banks
startups
who
are
behind
this,
but
also
the
goal
is
to
involve
the
research
communities,
the
developer
community,
to
contribute
to
this
open
source
initiative.
Anyone
can
take
it
and
go
forward
with
it
and
build
an
application
on
top.
There
is
identity,
working
group
and
there's
a
link,
so
please
join.
There
is
ongoing
calls.
A
There
is
ongoing
collaboration
between
members
and
you
do
not
necessarily
have
to
be
a
member
of
hyper
ledger
to
participate,
as
well
as
to
leverage
identity
project.
That's
run
by
hyper
ledger,
and
brian
behlendorf
is
here
for
the
lunch
keynote,
who
will
be
also
diving
deeper
into
all
the
different
hydrologic
projects,
but
that
they
wanted
I
wanted
to
highlight
and
another
initiatives
in
the
space
is
you
port,
so
I
saw
on
the
agenda.
A
There
is
also
representative
from
consensus
systems
who
potentially
could
highlight
this
in
more
detail,
and
consensus
has
been
driving
this
project
already
also
for
a
while,
and
the
idea
is
of
connecting
and
putting
individual
in
the
center
of
of
their
own
data
and
connecting
to
variety
of
applications
either
from
the
boxing
world
or
just
regular
applications.
There
is
also
going
to
be
an
ID
2020
summit
in
New
York
on
June
19,
so
there's
the
link
to
register.
If
you
happen
to
be
in
New
York
or
if
you
would
be
interested
to
attend.
A
So
that's
pretty
much.
What
I
wanted
to
highlight
on
the
identity
topic
I
also
want
to
put
a
disclaimer
that
it's
very
dynamic
and
moving
space,
so
I
know
familiar,
but
no
there's
no
reason
for
me
to
assume
that
I
have
shared
with
you.
Absolutely
everything,
and
also
please
be
mindful
that
there
is
a
bunch
of
initiative
going
on
in
in
this
space,
just
like
in
all
the
other
blockchain
a
particular
boxiong
applications.
A
The
next
topic
that
I
would
like
to
bring
you
to
is
transparency
of
supply
chains
and
how
that
could
have
social
impact
for
our
day
to
day
life
and
how
provenance
of
where's
the
products
and
services
which
we
consume.
Like
houses,
impact
test
and
the
project
that
first
comes
to
mind.
It
was
very
well
covered,
is
IBM's
project
with
pork
and
making
pork
safe
in
China.
A
So
what
IBM
did
together
with
Walmart,
is
first
of
all,
took
the
certificates
and
results
of
lab
analysis
and
put
it
on
the
blockchain
to
be
able
to
trace
and
track
the
pork
from
slaughterhouse
to
the
shelf
in
the
supermarket
and
potentially
prevent
the
bad
and
spoil
from
meat
to
get
on
the
Shelf.
In
the
first
place,
but
if
it
happens
that
anyone
would
ever
get
a
food
poisoning,
it
would
be
very
easy
leveraging
blockchain
technology
to
trace
back
exactly
to
the
company
supplier.
A
A
So
there's
the
mobile
application,
where
brand
owners
can
join
to
that
mobile,
app
and
built
relationship
of
trust
with
their
consumers
to
demonstrate
exactly
where,
like
all
the
threads
for
the
fabric,
that
apparel
isn't
like
it's
made
of
and
where
it
comes
from
so
visit
project
provenance
org
to
discover
the
unique
journey
behind
this
product
is
what
they
print
on
all
the
tags.
For.
A
Another
very
quite
known
and
interesting
project
leads
us
to
diamonds
industry,
and
some
of
you
might
have
seen
even
the
blood
diamonds
movie.
But
ever
leather
and
IBM
has
joined
forces
to
bring
transparency
to
this
industry
and
I
had
the
opportunity
to
see
the
live
demo
of
the
solution
at
IBM
interconnect
in
March
in
Vegas,
where
lien
camp
of
ever
ledger,
together
with
IBM's
researcher
Donald
Ellenberger,
have
demonstrated
its
life
and
they
were
able
to
capture
really
millions
dollars
worth
of
diamonds
that
were
not
compliant
to
Kimberley
process
in
terms
of
certificates.
A
That's
pretty
much
all
I
wanted
to
share
today.
There
is
definitely
a
multitude
of
applications
in
other
industries
and
sectors
that
I
have
not
touched.
The
pond,
so
I
was
also
very
excited
to
see.
There
is
a
grill,
a
juror
today,
so
I'm
looking
forward
to
hear
more
and
to
learn
as
well
about
applications
on
land
title
management.
There
is
application
to
boating
and
healthcare
that
are
upcoming.
There
is
still
performing
a
process
of
forming
solutions
around
it.
So
I
would
like
to
open
for
two
questions
if
any
and
please
connect
them
all
meaningful
ways.
C
E
F
A
Where
it
comes
to
integration,
first
of
all,
the
project
have
to
be
live
all
right,
so
there's
still
very
little
number
of
projects
in
boxing
space
it's
still
very
early
days,
so
the
key
is
its
integration
is
a
moving
target
in
terms
of
API
is
changing
technology,
changing
it
still
we're
not
yet
mature
there.
We
are.
We
see
a
lot
of
value
with
the
fact
that
we
have
understanding
of
all
the
existing
systems
and
infrastructure,
so
we
can
come
and
make
that
vision
and
potentially
help
to
draw
to
the
standards
like
in
financial
world.
A
If
there
is
ISO,
20
or
22.
Why
would
you
invite
invent
something
else,
and
you
could
really
leverage
what's
already
in
existence
to
make
watching
adoption
for
the
use
cases
where
it
makes
sense
much
faster
and
I,
don't
think
I've
mentioned,
but
also
as
part
of
this
talk,
I
wanted
to
mention
the
work.
This
consensus
is
doing
in
the
field
of
launching
for
social
impact,
so
there
is
a
link
down
there
so
and
I
hope.
You
will
be
also
covering
this
in
more
detail,
really
appreciate
that
initiative.
A
This
is
a
great
question,
that's
you
know,
and
we
can
get
in
a
long
discussion
of
what
blockchain
is
and
what
the
service
ledger
and
what
the
limitations
are
for
all
the
applications.
So
for
me,
blockchain
technology
is
the
application
where
we
can
ensure
time
stamps
and
Trust
in
environments
where,
before
you
would
not
have
an
easy
trust
right
and
really.
F
And
if
no
one
else
wants?
Yes,
it's
just
a
way
to
replicate
an
ongoing
chain
of
of
like
records
that
are
hashed
together
in
chronological
order
and
an
incentive
structure
for
getting
people
to
hold
those
records.
So
that's
why
you
have
the
cryptocurrency:
it's
not
only
the
application,
but
it's
also
kind
of
a
byproduct
of
like
what
gets
people
wanting
to
actually
support
this
system.
So
it's
like
an
internal
way
to
get
people
to
help
you
validate
things
that
have
been
submitted
within
the
network.
G
I
like
to
do
to
take
the
question
that
the
caller
you
ask
it,
but
not
what
to
give
an
answer.
I
think
that
what
is
missing
is
the
link
between
the
blockchain
technology
and
the
applications
that
you
is
cracked.
So
one
should
understand
that
better.
Why
blockchain
enables
that
those
applications
and
why
those
application
weren't
possible
before
blockchain,
okay,.
A
A
H
H
But
the
question
is
who
who
gets
to
run
that
central
database
and
in
almost
every
use
case,
the
reason
why
people
are
looking
at
using
blockchain
tech
is
because
the
cost
of
having
to
trust
that
central
party
is
too
high
or
it's
higher
than
it
should
be
or
higher
than
it
needs
to
be
alright.
So,
in
the
case
of
a
currency,
for
example,
having
one
bank
or
one
institution
be,
the
final
authority
for
everybody's
accounts
wouldn't
really
work
with.
If
you
really
want
trust
and
decentralization
right,
but
an
identity.
H
For
example,
like
you
look
at
what
India
is
doing
with
the
digital
identity
systems,
the
Adar
there's
some
upside
for
sure,
but
there's
a
lot
of
deep
privacy
concerns
and
centralization
of
control
concerns,
and
so
in
every
use
case
thinks
decentralization,
think
not
needing
a
hub
in
the
middle
of
a
hub-and-spoke
network.
But
more
of
a
peer-to-peer
network.
I
I
Okay,
trust,
but
verify
is
a
very
old
saying,
and
you
brought
that
up.
My
question
is:
I
have
yet
to
see
a
system
where,
no
matter
how
hard
you
try,
you
can't
keep
the
bad
actors
with
their
sticky
little
fingers
and
their
greedy
little
eyes
out
of
it.
So
what
considerations
are
going
around
for
making
darn
sure
that
it's
going
to
be
as
close
to
impossible
as
it
is,
is
humanly
capable
being
achieved
because
they
will
try
and
inevitably,
as
history
shows,
some
of
them
have
succeeded?
A
It's
a
very,
very
great,
like
very
big
question,
where
a
big
consideration
and
definitely
consensus
was
the
element
of
the
blockchain
brings
to
the
tables
it
wasn't
available
before
to
ensure
that
it's
not
like
no
one,
not
an
individual,
not
an
organization
is
empowering
in
control
to
make
the
change
or
to
tamper
the
data.
So
everybody
has
control,
but
no
one
in
control
and
I
don't
know.
Maybe
someone
else
would
like
to
add
to
that.
I
A
And
there,
for
example,
at
hyper,
ledger
and
hyper
logic
fabric
in
particular.
There
is
channels
in
place,
and
there
is
additional
efforts
on
to
actually
take
and
demonstrate
and
share
only
the
data
at
the
need-to-know
basis.
Like
you
can
store
hashes,
you
can
so
there's
a
debate
of
what
you
keep
on
chain
and
what
you
keep
off
chain,
but
the
goal
is
in
order
to
comply,
for
example,
with
GPS
GDP
our
regulation
in
Europe.
A
You
really
need
to
make
sure
that
some
of
the
data,
for
example,
doesn't
leave
the
you
and
if
we
build
global
networks,
we
need
to
ensure
how
to
store
the
data
properly
and
share
the
data
properly
and,
what's
also
very
important
to
me,
are
personally
like
with
potential
rise
of
quantum
computing
right
with
crypto
collapse.
Crypto
apocalypses
potentially
coming
how
to
ensure
that
all
right,
some
of
the
data
and
never
becomes
public,
and
it's
it's
really
very
thin
line
and
probably
there's
I'd,
know
Brian
potentially
could
speak
to
that
as
well.
A
H
In
just
generalizing
a
bit,
so
the
data
that
is
public
and
publicly
shared
is
publicly
auditable
right.
There's
other
levels
of
public,
though
there
can
be
public
in
the
form
of
you,
know,
people
who
are
members
of
a
consortium
or
people
who
are
members
of
other
types
of
governance
models
that
we
have,
and
so
the
question
might
be
those
members
of
that
consortium.
How
do
they
trust
in
the
integrity
of
the
transactions
between
those
members?
Right
and
and
think
of
this?
H
Like
a
spectrum,
then
there's
some
data-
you
don't
want
shared
I
mean
personal
health
data.
You
don't
even
want
quantum
computers
in
20
years
to
be
able
to
inadvertently
reveal
so
in
every
one
of
these
deployments
there
will
be
a
tough
conversation
amongst
the
stakeholders
in
these
environments.
Between
what
data
do
we
audit
and
share
publicly,
and
it
might
just
be
signatures
and
hashes
of
that
data
so
that
we
can
prove
in
the
future
that
some
transaction
happens,
but
it
might
be.
H
J
A
The
first
couple
of
examples
where
Syrian
based
so
antiserum,
also
I,
don't
know
you
might
be
aware
of
monarchs,
who
has
contributed
borough
code
also
to
hyper
ledger.
So
hyper
ledger
is
designed
from
the
garment
standpoint,
governance
standpoint
as
an
umbrella
organization
to
host
a
number
of
code
bases
and,
for
example,
consensus
here.
Sorry
for
picking
on
you,
but
consensus
is
pretty
much
focused
on
serum
development,
but
there
are
also
members
of
hyper
ledger.
A
J
A
Are
seeing
the
future
in
the
world
of
having
multiple
blockchain
multiple
technologies?
The
key
there
is
to
find
the
common
standard,
and
that's
a
big
topic
of
whether
we
are
ready
to
go
and
to
work
on
that
standard
yet
right
and
just
ensure
that
all
the
communities
do
not
go
in
too
many
different
streams
and
like
it
will
become
hardly
possible
to
interpret
in
an
easy
and
efficient
way.
Thank.
J
L
A
Absolutely
great
question
and
the
true
answer
you
can't,
if
you
put
the
junk
you
know
in
the
system,
you
can
tell
what
Providence
HQ
is
doing.
They
have
feet
underground
inspectors
from
the
company
who
are
working
with
local
suppliers
and
who
are
verifying
that.
But
of
course
we
are
operating
under
assumption
that
the
data
that
is
fed
from
all
the
players
is
accurate
and,
of
course,
again
using
consensus.
A
You
can
afterwards
like
if,
in
document
management
right,
you
can
afterwards
prove
the
certain
document
has
has
not
been
tampered
or
changed,
but
you
can
at
first
from
the
physical
goods
perspective.
There
is
limited
amounts
of
efforts
that
you
can
put
to
ensure
that
indeed
you
know
you
can
verify
certificates
but,
and
you
can
engrave
the
codes
and
diamonds,
but
eventually
you
still
have
to
work
with
those
organizations
or
as
provenance,
doing
just
put
there
your
own
inspectors.
So
it
is
a
challenge
to
be
addressed.
I
don't
have
the
answer.
I
don't
know.
A
C
But
I
had
somewhat
of
a
related
question,
but
with
the
humans
involved,
I
love
the
ID
2020
project,
but
I
wonder
if
there's
a
gap
between
the
technology,
that's
necessary
to
implement
this
blockchain
accountability
and
the
people
who
are
affected.
You
know
these
refugees
may
not
have
the
mobile
phones
or
to
have
the
technology
that's
necessary
to
execute
on
comments
of
blockchain
I,
wonder
if
you
had
thoughts
about
that.
A.
A
So
at
this
point
in
Malawi
there
is
only
2%
people
who
have
identity,
who
have
any
type
of
government
ID
where
it's
4%
on
Facebook
and
90%
are
vaccinated.
So
the
idea
here
is
not
necessarily
imagines
the
world
where
everybody
would
have
a
mobile
phone
or
tablet
to
keep
their
digital
identity,
and
so
there's
two
different
aspects
to
it.
For
us
as
individuals,
with
many
accounts
with
Facebook,
Twitter,
Amazon
and
so
on,
and
then
the
developing
world
like,
but
really
like
us
coming
and
supporting
the
developing
countries.
A
K
A
follow-up
question
actually
I
have
the
mic,
so
the
UNHCR
is
collecting
digital
identities
for
Refugees,
in
a
collaboration
with
Accenture
and
they're
doing
this
through
biometrics
data
collection,
I'm
sort
of
concerned
about
the
risk
that
this
presents
to
refugees
who
may
be
fleeing
our
countries
and
now
they're
permanently
tethered
to
a
record
prices,
and
they
will
always
have
their
eyes.
Their
fingertips,
likely
their
facial
structure
will
stay
the
same.
So
how
do
these
platforms
actually
put
these
communities
at
risk?.
A
It's
a
very
big
topic
and
that's
the
earlier
discussion
about
the
evil
right
and
bad
actors,
potentially
potentially
getting
hold
of
the
data,
and
this
is
us
in
a
collaboration
of
the
community,
making
sure
that
when
we
build
those
applications,
there's
no
chance
for
those
bad
actors
to
play
a
role
and
get
hold
of
the
data
or
potentially
with
the
right
to
be
forgotten.
For
example,
in
Europe
like
ensuring
that
someone
will
not
be
refused
a
job
because
they've
been
in
a
refugee
camp
right.
So
that's
a
very
valid
concern.
A
H
Even
if
you
are
creating
a
centralized
registry
of
everybody's
thumbprint
and
the
immunizations
they've
received
right,
trying
it's
immunizations,
perhaps
pretty
benign
and
tying
it
to.
You
know
the
speech,
the
speeches
that
they
make
or
the
political
opinions
they
hold.
Obviously,
that
would
be
wrong
right.
E
Morning,
Hannah
I
have
one
question
and
I,
don't
know
a
lot
about
blockchain,
but
I
was
wondering
how
do
you
feel
about
people
that
say
that
blockchain
is
just
too
hype
because
I've
been
talking
to
startups
at
or
founders
that
have
told
me
like
blockchain
is
just
a
hype.
It's
not
going
to
be
as
big
as
some
people
might
say.
It
is.
How
do
you
feel
about
that?
E
A
It
depends
on
what
is
meant
by
hype,
because
in
all
ways,
technology
goes
through
the
curve
of
adoption,
and
definitely
there
is
it's.
It's
not
Universal
pill
that
will
cure
all
the
human
illnesses,
and
the
goal
of
my
presentation
today
was
to
walk
you
through
the
initiatives
where
individuals
are
not
just
talking
about
the
hype
and
what
it
could
do,
but
actually
doing
something
and
open
up
for
everybody
here
to
potentially
engage
with
those
founders
and
the
leaders
and
collaborate
in
that
a
spell
like
on
the
real
projects
to
bring
it
from
hype
to
reality.
A
C
M
Good
morning,
first
of
all,
I'd
like
to
say
I'm,
not
a
naysayer
in
any
way
and
I,
don't
I'm,
just
really
interested.
In
your
perspective
on
this
question,
I
think
we
all
see
that
we're
just
scratching
the
surface
in
terms
of
uses
of
blockchain
and
the
technology
to
use
this
core
technology,
but
is
the
core
technology
itself
in
any
sort
of
evolution,
or
is
that
this
monolithic
technology
just
here
today
and
that's
what
it
is?
Because
if
that's
the
case,
it's
a
bit
strange
for
observers
of
Technology
how
things
usually
evolve?
It's.
A
So
dynamic
you
can't
even
imagine
so
is
really.
Every
day
you
get
certain
announcements
of
someone
starting
either
a
new
chain
on
a
new
flavor
of
blockchain
technology,
like
hypervisor
itself,
has
been
formed
only
in
February
last
year,
ec
room
has
been
around
since
2015,
so
it's
very
dynamically
changing
like
I
mentioned
decentralized
identity
foundations.
It's
been
just
recently
announced,
so
it's
really
very
dynamically.
A
Changing
both
on
technological
of
stack
and
implementation
stack
and
the
players
who
are
getting
involved
in
more
individuals
and
organizations
are
getting
and
joining
so
I
believe
that,
as
we
will
have
that
critical
mass
of
researchers,
scientists,
industry
leaders
putting
their
efforts
together,
then
we
get
a
chance
to
come
with
the
mature
products
based
on
the
technology
and
that
can
make
a
difference.
At
this
point.
A
It's
very
very
dynamic
space
and
let's
do
an
earlier
question
about
challenges
of
integration,
very
difficult
to
integrate
and
moving
targets
where
it
evolves,
and
every
month,
like
high
project
fabric,
is
now
migrating
to
1.0
and
the
new,
like
total
different
architecture,
compared
to
0.6
version.
So
a
lot
of
moving
great.
A
Later
boxiong
technology,
so
there's
the
actual
technology,
and
then
people
can
build
applications.
Startups
can
build
applications
and
very
often
they
start
with
one
technology
like
initially
I
saw
when
I
was
judging
a
start-up
competition.
Probably
a
year
ago
and
two
years
ago,
many
were
just
taking
a
fork
of
Bitcoin
blockchain
and
building
out
of
that,
and
then
they
saw
some
evolution
of
a
serum
or
like
hyper
logic
fabric,
and
they
started
to
migrate
their
solutions
to
something
that
more
industry
ready
and
it's
really
an
evolving
process.
M
I'm
still
trying
to
wrap
my
head
around
the
the
core
technology,
cuz
I
hear
everyone
speaking
about
using
you
know:
building
applications
on
the
the
blockchain
on
technology
itself,
so
I
was
wondering
whether
the
core
technology
could
change
and
we're
building
these
things
which,
and
there
will
be
an
evolution
of
the
core
technology
itself.
Things.
N
But
since
the
Bitcoin
blockchain
was
only
designed
for
one
thing
and
one
thing
only,
which
was:
how
does
one
person
on
one
part
of
the
world
cent
value
to
another
person
in
the
other
part
of
the
world
without
an
intermediary
has
a
very
limited
scope
of
what
it
was
designed
for
and
what
it's
good
for,
but
it
opened
up.
Pandora's
box
of
other
people
saying
wait
a
second.
N
This
technology
seems
like
it's
really
interesting,
I
wonder
if
we
could
use
this
underlying
concept
of
a
distributed,
ledger
and
no
intermediaries,
for
other
reasons
beyond
just
Bitcoin
and
transfer
value.
So
that's
what
gave
rise
to
the
Sirians
of
the
world,
the
hyper
ledger
Foundation,
which
is
sponsoring
a
number
of
projects
within
that
umbrella,
other
derivatives
platforms,
you
mentioned
moan
axe
and
tender
mint
and
a
couple
of
others
as
well,
and
so
you
end
up
with
these
variations
of
the
core
protocol
layer
and
then,
on
top
of
the
core
protocol
layer.
N
You
end
up
with
different
use
cases.
Some
use
cases
are
being
built
by
companies.
Some
use
cases
are
being
built
by
startups
that
are
looking
to
disrupt
the
incumbents.
Other
use
cases
are
being
built
by
consortiums,
which
are
essentially
just
a
fancy
term
for
a
group
of
companies
that
get
together
to
achieve
a
common
objective.
So
from
that
perspective,
when
you
think
about
a
use
case,
and
then
you
start
deconstructing
all
the
technical
components,
you
almost
have
a
menu
of
options
at
your
disposal,
rather
than
just
one
kind
of
core
technology.