►
From YouTube: Digital Identity Using the vLEI - Christoph Schneider, Global Legal Entity Identifier Foundation
Description
Digital Identity Using the vLEI - Christoph Schneider, Global Legal Entity Identifier Foundation (GLEIF)
With heightened reliance on remotely delivered services and transactions, the need for safer and sounder digital identification and verification is required and will become the norm in the future. This especially is true looking forward to mandates for the adoption of zero trust frameworks in which digital credentials will be issued and then used for identification and operational purposes. GLEIF is committed to making concrete and lasting improvements to the process of identity verification by leveraging the Legal Entity Identifier (LEI) in digital tools. GLEIF has made the LEI verifiable by creating the vLEI (verifiable LEI) with digital credentials that deliver decentralized identification and verification for organizations as well as the persons who represent their organizations either in official or functional roles. GLEIF has made much progress on developing the governance, credentials and infrastructure since introducing the vLEI at the 2020 Hyperledger Global Forum and will share an updated at this progress in this session.
Sessions Details & Slides (if available): https://sched.co/14H6n
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
Discord: https://discord.gg/rVCn4j7UFd
Case Studies: https://www.hyperledger.org/learn/case-studies
Training & Certification: https://www.hyperledger.org/learn/training
Tutorials: https://www.hyperledger.org/use/tutorials
Webinars: https://www.hyperledger.org/learn/webinars
Events: https://www.hyperledger.org/events
Vendor Directory: https://www.hyperledger.org/use/vendor-directory
Subscribe to the Hyperledger Newsletter: https://www.hyperledger.org/newsletter
Follow-us on Twitter @Hyperledger
Learn about Hyperledger Membership: https://www.hyperledger.org/about/join
#Hyperledger #Blockchain
License
Creative Commons Attribution license (reuse allowed)
A
A
We
will
start
with
a
quick
overview
of
the
global
Lei
system
before
we
look
at
the
verifiable
Lei
and
what
it
can
do.
We
will
look
at
the
progress
that
has
recently
been
made
in
this
area
and
we
will
end
with
looking
at
the
first
implementation
of
vleis
in
a
real
application,
in
this
case
Live's
annual
report
and
what
we
have
done
there
with
partial
signing.
A
So
the
global
Lei
Foundation
is
a
Swiss
known
for
profit,
Foundation,
created
by
the
financial
stability
board,
located
at
the
bank
for
international
settlements
in
bazel,
it's
overseen
by
a
so-called
regulatory
oversight
committee,
which
consists
of
public
bodies,
71
regulators
and
19
observers
in
total,
from
about
50
countries.
So
a
very
Global
set
of
organizations
and
then
the
foundation
itself
has
a
board
of
directors
with
18
independent
people,
also
globally
we're
working
with
39
Partners
currently,
which
actually
perform
the
Lei
issuance
and
to
date,
2.2
million
leis
have
been
issued.
A
The
legal
entity,
identifier
or
Lei,
is
a
20
digit
alphanumeric
code.
It's
a
unique
identifier
that
is
owned
lifelong
by
the
respective
legal
entity.
That
means
leis
are
not
reused.
They're
there
forever.
They
are
never
issued
again
and
they
also
don't
go
away.
If
a
company
ceases
to
exist,
they
stay
in
the
database
and
you
can
see
that
there
was
once
a
company
and
one
that
has
and
the
two
exist.
So
it's
a
truly
unique
identifier.
A
A
With
their
unique
Lei
code
and
the
reference
data
includes
the
legal
name
they're
registered
at
the
company's
register
of
Ireland
this
registration
number
here,
The
Entity
legal
form,
is
a
private
Company
Limited
by
shares,
and
we
also
see
the
address
Saint
James
gate
in
Dublin
8
Dublin.
Remember
that
this
is
where
you
need
to
go
tonight
so,
and
why
do
we
need
a
legal
entity
identifier?
Why
don't
we
just
say?
Well,
it's
Guinness
Storehouse
limited
it's
easy
or
we're
going
to
Guinness
tonight.
A
The
reason
is
there
are
many
companies
on
the
globe
and
organizations,
and
some
of
them
have
pretty
similar
names
so
identifying
by
name
is
not
the
best
idea.
I
did
a
search
just
in
the
global
Lei
repository
for
organizations
that
have
the
word
Guinness
in
their
name.
That
brings
you
72
organizations
and,
if
you
even,
if
you're
limited
to
Ireland,
it's
still
27
organizations
with
Guinness
in
the
name.
So
if
you
want
to
do
business
with
one
of
them,
good
luck,
if
you
don't
have
a
unique
identification,
that's
what
the
Lei
is
for.
A
The
2.2
million
leis
are
distributed
across
the
globe,
with
a
big
focus
in
Europe
that
depends
on
regulation
that
has
been
issued
there.
That
mandates
many
organizations
to
have
an
Lei
Then,
followed
by
North
America
and
very
closely
now
followed
by
the
Asia
Pacific
region,
and
this
is
actually
very
strong,
growing,
so
I
think
we
will
see
many
more
leis,
also
in
in
the
Asian
region.
Now
where
we
have
generally
biggest
growth,
also
in
other
areas,
foreign.
A
Why
did
we
think
about
a
verifiable
lei?
The
legal
entity?
Identifier,
is
a
fantastic
tool
to
uniquely
identify
organizations,
but
when
I
stand
in
front
of
you
and
I
show
you
this
20
digit
alphanumeric
code.
What
do
you
know?
You
don't
even
know
whether
it
exists
I
could
have
made
that
up.
It's
just
a
combination
of
letters
and
numbers,
and
you
can
now
go,
of
course,
to
life
and
look
it
up
and
see.
Okay,
it
exists
and
it
represents
this
organization.
A
How
do
you
know
that
I'm
working
for
this
organization?
You
don't,
if
you
know
it,
you
still
don't
know
if
I'm
authorized
to
act
in
a
role
for
this
organization,
and
this
brings
us
as
a
result
to
the
problem
that
all
these
things
have
to
be
checked
by
you.
Even
if
I
have
a
legal
entity
identifier-
and
that
is
a
manual
approach
and
it's
costly.
A
So
what
we
want
to
do
is
we
want
to
solve
the
common
problem
of
lack
of
trust
and
the
costs
involved
for
creating
Trust.
The
use
case
for
the
vlei
as
it
stands
here
is
decentralized
identification
and
verification
for
organizations,
but
also
for
persons
who
represent
their
organization
in
either
an
official
or
a
functional
role
and
I
will
come
in
more
detail
to
this
differentiation
of
rules
either
way
we
always
have
a
triple
concept.
A
When
we
talk
about
persons
acting
for
organizations,
we
have
the
organization,
the
legal
entity,
we
have
the
person
and
we
have
a
specific
role
that
they're
acting
in
for
this
organization.
It
doesn't
always
have
to
be
an
employee,
it
can
be
other
roles
and
what
we're
doing
is
we're
taking
this
real
work
approach
into
a
digital
representation.
By
putting
these
three
facts
into
a
container
which
is
cryptographically
bound
to
the
older
of
the
keys,
so
the
holder
of
such
a
credential
and
then
we
call
that
a
vlei.
A
The
blei
ecosystem
comes
with
a
chain
of
trust,
and
this
chain
of
trust
is
established
by
glyph
issuing
a
verifiable
credential
to
what
we
call
qualified
vlei
issuers,
that
is
the
pawn
door
to
the
Lei
issuer
and
the
classical
Lei
World
organizations
who
will
issue
revoke,
maintain
verifiable
leis
for
clients
and
which,
in
turn
will
issue
credentials
to
legal
entities,
and
also
this
is
not
clearly
visible
here,
because
it's
a
simplified
diagram
to
certain
persons.
We're
coming
to
that.
But
legal
entities
will
also
be
able
to
issue
certain
role
credentials
to
their
own
employees,
suppliers.
A
Looking
at
a
bit
more
detail
of
the
credentials
that
are
issued
along
the
trust
chain,
life
issues,
a
qualified,
vlei
issuer
vlei
to
all
qualified
vlei
issuers
and
the
elements
contained
in
such
a
credential
are
really
limited.
It's
just
the
qualified
vlei
issuers
Lei
why
it's
sufficient
the
type
of
credential,
together
with
the
Lei
that
uniquely
identifies
the
qualified,
blei
issuer
or
short
qbi,
is
enough
information
for
you
to
know
that
this
is
an
authorized
organization
who
can
work
in
this
system.
A
It's
a
bit
different
for
the
official
organizational
role,
V
leis
that
are
issued
by
qualified
blei
issuers,
two
persons
acting
in
roles
for
legal
entities.
They
contain
these
three
elements
that
I
have
presented
before
the
triple
concept,
and
the
same
is
true
for
what
we
call
engagement
context
role
be
leis.
A
A
An
example
again
would
be
role
credentials
issued
by
legal
entity
to
authorized
suppliers
and
then,
with
that
tool
at
hand,
they
could
require
authorized
suppliers
to
submit
invoices
digitally
signed
with
the
vlei
role
credentials
they
previously
issued
to
them
and
by
this
preventing
fraudulent
invoices,
because
they
would
just
accept
correctly
signed
invoices.
So
a
lot
of
these
day-to-day
problems
would
walk
away
with
such
a
solution.
That's
an
example
for
ECR
credentials,.
A
Yes,
the
vlr
ecosystem
is
in
full
accordance
with
trust
over
IP
standards.
I
think
you
have
seen
a
lot
of
people
from
trust
over
people
walking
around
here.
They
have
also
a
booth
right
over
there,
so
just
quickly
trust,
OIP
Foundation
has
been
launched
in
May
2020
in
the
middle
of
the
beginning
of
the
pandemic.
A
A
All
of
these
organizations
will
go
through
a
qualification
process
under
the
Clive
relay
ecosystem
governance
framework,
and
that
is
a
trust
over
IP
compliant
layer,
4
governance
framework.
As
you
can
see
here,
the
the
upper
Arrow
and
the
vlei
credentials
that
I
have
presented
a
moment
ago
and
are
defined
by
the
glyph
blei
credential
governance
framework,
which
is
a
trust
over
IP
compliant
layer,
3
governance
framework.
A
A
A
bit
on
the
implementation
of
the
vlei
we
have
selected
carry
the
key
event:
receipt
infrastructure
and
some
related
technical
capabilities
like
AC,
DC
credentials
and
Caesar
proof
signatures
to
implement
the
blei
and
the
background
is
we've
been
dealing
with
this
topic
for
quite
some
years
already,
and
we
have
done
quite
some
proof
of
Concepts,
also
with
Ledger
applications
and
different
systems,
and
it's
not
that
these
proof
of
concept
were
not
successful.
It
worked
out
so
what
we
wanted
to
do
worked,
but
whatever
we
try
it.
A
It
worked
exactly
on
that
platform
and
if
anybody
who
wanted
to
use
a
verifiable
lei
did
use
another
platform
or
another
technique,
then
it
wouldn't
work,
because
it
was
not
compatible
and
that's
something
that
wouldn't
work
out
for
the
global
Lei
Foundation,
because
we
need
to
be
inclusive.
We
want
to
make
the
vlei,
which
is
not
an
application,
which
is
a
piece
of
infrastructure.
We
want
that
to
be
working
for
anybody
who
wants
to
use
this,
and
this
is
what
we
want
to
achieve
with
Carrie,
because
here
we
have
a
portability
and
an
interoperability.
A
I
have
here
the
GitHub
link
for
those
who
want
to
read
more
details
about
Carrie
and
also
there's
a
list
of
these
related
technologies
that
I
mentioned
so
ACDC
credentials,
and
many
more
and
yes,
Kerry
is
quantum
safe,
which
means
that
Kerry
identifiers
should
there
ever
be
a
quantum
computer.
That
really
can
do
something
would
be
resistant
against
such
attacks,
and
this
allows
us
to
create
what
we
call
a
network
of
networks.
I
have
term
I've
read
this
term
many
times
today.
A
But,
as
a
matter
of
fact,
we
didn't
make
it
to
find
a
partner
who
would
be
willing
to
do
this
with
us.
So
I
also
want
to
use
this
opportunity
here.
If
any
of
you
is
working
in
an
hyperledger
in
the
environment
and
needs
organizational
identity,
please
talk
to
me
after
the
meeting
would
be
happy
to
to
show
this
with
somebody.
It
shouldn't
be
too
much
effort
involved,
but
without
a
practical
use
case,
it's
a
bit
boring.
A
Ours
consist
of
one
primary
document
and
now
20
additional
so-called
controlled
documents,
so
21
documents
in
total,
and
we
published
an
initial
draft
of
these
documents
on
our
website
already
in
February
this
year.
We
will
update
it
at
launch
later
this
year,
but
here's
a
link,
if
you
want
to
check
it
out
already
and
like
everything
else
that
life
into
is
doing.
This
is
open
source.
So
it's
not
something
that
we
hide.
You
can
not
only
look
at
it.
You
can
use
it.
You
can
copy
and
paste
for
your
own
use
cases.
A
Regarding
software
development
and
infrastructure,
in
order
to
achieve
what
we
have
done
so
far,
we
have
supported
the
open
source
development
of
the
carry
protocol
and
these
related
technical
specifications.
As
far
as
we
need
it
and
you
will
find
on
GitHub
first
of
all
in
the
web
of
trust,
carry
folder
a
lot
of
this
stuff,
but
also
there's
a
vlei
folder,
where
we
have
DB
Lei
specifics.
A
On
top
of
that
which
is
kind
of
the
back
end
of
the
Lei,
we
have
created
a
front-end
user
interface
called
keep
which
supports
live
tasks
and
also
basically
Lei
issuer
tasks.
So
we
have
a
end-to-end
method
to
play
this
through,
and
this
is
a
workflow
based
system
because,
to
be
honest,
creating
identifiers,
managing
identifiers
with
private
and
public
Keys
issuing
and
receiving
credentials
is
not
exactly
what
most
people
are
used
to,
and
this
is
a
way
where
we
guide
users
step
by
step
through
what
they
need
to
do,
depending
on
the
use
case.
A
They
will
fulfill
and
make
it
a
bit
more
accessible
to
also
The
Not
So
technical
people,
who
will
certainly
have
to
operate
this.
If,
if
we
want
this
to
be
at
Large-
and
yes,
we're
also
about
to
send
up
the
production
infrastructure,
so
we
have
already
set
up
some
carry
witnesses.
Witnesses
are
one
of
the
carry
components
that
you
can
use
for:
verification
for
the
glyph
root,
Aid
yeah,
and
this
is
ongoing.
So
actually,
what
we
want
to
achieve
is
by
the
end
of
this
year.
A
A
Yeah
talking
about
the
Lei
issuers,
there's
a
qualification
program
that
I
mentioned
before
it's
quite
strict
and
it
is
mandatory
for
any
qualified
vlei
issuer
to
go
through
that
again.
It's
also
quite
comprehensive.
It's
one
agreement
with
seven
dependencies
and
they
are
available
again
on
the
live
website
and
the
process
is
fully
up
and
running.
So
whoever
wants
to
become
a
qualified
vlei
issuer
can
apply
now
and
start
the
qualification
process
with
life.
A
Yeah
and
becoming
to
a
first
implementation
for
a
real
application,
so
photic
life
and
you
will
report
we.
We
wanted
to
show
how
little
signatures
signatures
based
on
B
leis
can
be
used,
and
especially
in
this
case,
what
partial
signatures
can
bring
for
benefits.
So
all
of
you
have
seen
PDF
documents
signed
with
digital
certificates.
Where
then,
it's
like
a
stamp
on
the
screen
base
e,
okay,
there's
the
signature,
and
it
affects
basically
the
whole
document.
A
So
what
has
happened?
We
had
a
qbi,
not
a
real
one,
because
there
is
none
non-qualified
yet,
but
one
who
played
that
role
who
actually
issued
credentials
took
life
and
several
persons
acting
for
life,
including
the
Auditors.
So
this
is
a
great
example
for
a
for
a
non-official
organizational
role:
credential,
because
obviously
our
Auditors
have
no
official
role
for
life.
A
Then
these
people
signed
the
submission
some
signed.
The
whole
report,
for
example
the
CEO,
to
confirm
that
the
systic
life
report
and
others
like
the
external
Auditors
or
our
CFO,
only
signed
the
financial
parts,
and
this
is
now
available
on
our
website
and
these
digital
signatures
are
based
on
verifiable
credentials
vleis
and
can
be
verified
so,
and
we
want
to
look
at
it
now.
A
Here
we
go
so
since
the
creation
of
the
foundation
we've
been
publishing.
These
reports,
like,
like
other
organizations,
do-
and
we
started
doing
this
just
in
PDF
versions
and
the
first
time
in
2019
for
2018.
We
created
our
annual
report
not
only
in
PDF
but
also
in
xbrl,
which
is
extensible
business
reporting
language
and
that's
a
structured
format.
It's
a
machine,
readable
format.
A
So
all
the
facts
can
be
machine
processed,
but
it
still
is
nicely
consumable
also
by
human
beings,
because
it
comes
with
a
style
sheet
which
makes
it
basically
look
like
a
PDF,
and
we
did
sign
these
with
digital
certificates
and
this
year
for
the
first
time
for
last
year
we
did
the
same,
but
we
signed
it
with
with
a
Wii
lei,
and
this
can
be
nicely
rendered
in
the
browser.
You
don't
need
a
Plugin
or
something.
A
A
Here
we
go
and
you
can
see
the
power
of
this
structure,
so
xbl
allows
you
to
has
this
structured
information,
which
means
you
can,
for
example,
click
on
any
value.
You
can
look
up
the
IFRS
definition.
What
does
it
mean?
The
actual
value
you
can
see
the
change
towards
previous
year
and,
very
importantly,
you
see
which
entity
is
this
about
and
that's
again
Live's
legality
identifier.
So
if
we
click
here
come
to
our
reference
data
page
and
now
to
the
signature,
so
here
is
a
digital
signatures.
A
A
Basically,
in
this
XML
there
are
some
explicit
areas:
facts
as
we
call
them
and
you
can
put
a
signature
to
such
effect
so
that
when
I
now
select,
my
colleague
enes
nothing
happens
here
visually,
but
by
selecting
Annette,
who
is
our
Chief
Financial
Officer?
You
can
now
see
that
all
the
financial
figures
have
been
signed
by
her
all
these
facts,
and
not
only
by
her.
So
so
again
by
clicking
on
such
a
number
on
this
pane.
You
also
see
the
list
of
signatures
down
here
so
very
nicely
you
can
see.
Cfo
has
signed
it.
A
These
are
the
two
Auditors
from
NY
CEO
signed
it
boardshare
assigned
it.
General
counsel
signed
it
and
again
always
these
triple
here:
the
legal
name
of
the
person,
the
role
in
the
context
of
the
organization
and
the
Lei.
This
is
what
I
showed
earlier
and
all
of
this
verifiable.
So
anyway,
this
is
now
on
our
website
with
an
extended
validation
certificate.
So
you
could
anyway,
trust
that
it
comes
from
live,
but
imagine
this
is
downloaded
stored
in
some
cloud
or
on
a
local
disk.
Then,
of
course
this
connection
is
lost,
but
the
signature
state.
A
A
Coming
to
the
end,
why
are
we
doing
all
this
I
think
it's
not
news
that
digital
transformation
is
happening,
things,
how
we
interact
and
ways
how
we
interact
are
changing
more
and
more
things
happen
online,
and
for
these
things
it's
really
important
to
have
a
digital
identity
with
a
strong
Authentication
and
the
vlei
is
supposed
to
address
exactly
these
needs
and
in
any
industry
that
you
can
imagine
so.
Representatives
from
all
of
these
industries
listed
here
have
approached
us
and
are
very
interested
in
this
topic.
A
It's
really
a
thing,
and
why
is
it
important
for
life?
Well,
each
Lei
requires
an
Lei.
We
have
talked
about
coverage
earlier,
so
we
want
the
Lei
system
to
grow
and
have
a
greater
coverage
of
organizations
worldwide,
because
it's
like
with
the
telephone,
the
more
people
that
have
an
Lei,
the
more
useful
it's
for
the
consumers
and
that's
life's
mission.
A
No
so
Andrea
asked
about
the
legal
validity
of
such
technical
signatures
with
real
eyes,
especially
in
the
context,
for
example,
in
Europe,
I,
think
you're,
also
looking
at
eida's,
Frameworks
and
stuff
like
that.
So
at
the
moment
there's
a
lot
of
movement
in
this
area
and
the
idea
S2
is
in
preparation
and
we're
looking
into
this
because,
of
course,
that's
important
that
that
works.
A
There
are
some
ideas
how
this
can
be
done.
We're
currently
exchanging
with
several
organizations
there
to
make
this
work.
One
idea
could
be
actually
a
co-signing,
so
if
a
legal
entity
credential
would
be
signed
with
a
classical
digital
certificate
which
is
eida's
compliance,
you
could
derive
from
this
as
a
in
a
delegation
way
that
also
the
role
credentials
are
compliant
with
that,
because
that's
also
possible
today,
I
mean
in
organizations
without
any
digital
approach.
You
can
you
can
yeah
task,
others
to
do
things
and
basically
delegate
Powers.
A
A
A
A
Which
would
be
completely
okay,
so
I
think
the
Lei
number
and
then
with
the
vlei
I
would
have
its
benefits,
especially
on
a
global
scale
and
the
let's
say
the
Precision
is
a
bit
different.
I
would
say:
2G
has
one
chords,
because
sometimes
you
don't
even
have
reference
data
with
gs1
codes.
There
is
no
Global
database
where
you
can
look
up
a
gln,
for
example,
again
I,
don't
know
how
the
blue
number
works.
A
So
we're
talking
to
governments
about
this
here
so
there
are
I,
cannot
say
which
one.
But
there
are
governments
who
think
about
implementing
this
on
a
whole
I
have
to
say
it's
more
small
governments
at
the
moment
for
small
countries,
but
it
is
interesting
to
them,
because
governments
anyway
look
into
ssis.
We
have
heard
this
morning
and
especially
those
who,
anyway
plan
to
implement
Le
eyes
on
national
scale.
A
B
A
Yes,
so
question
one
was
how
are
official
organizational
Representatives
actually
or
who
checks
that
the
legal
entity
puts
the
right
information
in
there
right.
The
answer
is
the
qualified
meleei
issuer,
because
official
organizational
role
credentials
cannot
be
issued
by
the
legal
entity
itself.
They
have
to
be
issued
by
the
qvi
to
have
this
independent
third-party
Authentication.
C
A
A
Yes,
so
this
is
an
Lei
question:
there
are
organizations
who
are
quite
complex
and
have
a
lot
of
subsidiaries
and
do
retracted
in
the
Lei
system.
Yes,
that's
the
case,
so
the
global
Lei
system
does
not
only
collect
what
we
call
level
one
data,
which
is
the
reference
data
like
the
business
card
information,
but
also
certain
types
of
ownership
information.
We
call
this
relationships
or
level
2
Data
and
let
me
show
you
one
example
where
you
can
see
this
quite
nicely.
A
And
you
can
also
see
directly
owned
organizations.
This
is
based
on
accounting,
consolidation,
I
have
to
say,
and
quite
a
lot
and
ultimately
own
subsidiaries.
So
this
is
this
can
include
subsidiaries
owned
by
subsidiaries
and
stuff
like
this
shown,
here's
also
just
the
structure,
so
you
can
step
down
and
say:
okay
and
then
this
and
this
and
this
quite
interesting
yeah.
But
again
this
covers
only
those
organizations
who
have
an
lei.
A
A
B
A
Yes,
this
is
something
that
we
haven't
seen
in
other
contexts
and
we're
working,
for
example,
with
a
supply
chain.
People
who
do
shipping
of
goods-
and
you
have
their
bills
of
lading
and
stuff
like
that,
and
these
are
documents
which
are
extended
also
through
their
life
cycle
and
then
basically,
the
one
has,
in
the
hand,
doesn't
want
to
sign
what
somebody
else
did
two
years
ago.
They
just
want
to
sign
what
they
added
yeah
and
these
These
are
use
cases
that
we
can't
imagine
well
and
now
you
again.
C
A
So
this
is
all
based
on
Rock
policy.
We
at
life-
we
don't
say:
let's
collect
this
or
this
information,
so
this
is
the
regulatory
oversight
committee
who
you
basically
who
tasks
us
to
do
this.
At
the
moment
we
have
in
scope,
accounting
consolidation.
This
is
what
I
showed
here.
We
have
funds
relationships
and-
and
we
have
international
branches
what
you
mentioned.
We
do
not
have
and
I
wonder
also
if
this
is
publicly
available
information,
because
everything
that
we
collect
needs
to
be
publicable,
published.
A
A
Yes,
of
course,
so,
let's
just
stripped
Beyond
it
in
many
ways,
so
you're
asking
there
are
other
types
of
relationships:
for
example,
partial
ownerships,
up
to
10
of
ownership,
which
are
not
covered
with
accounting
consolidation
and
whether
it
was
thought
about
also
collecting
these
technically.
We
could
completely
because
the
model
is
very
flexible.
We
have
just
a
relationship
type
which
can
have
many
meanings,
and
that
can
be
done
again.
A
What
it
means
is
that
all
39
Lei
issuers
would
have
to
collect
this
information,
and
this
needs
to
be
mandated
by
The
Rock
this.
This
is
a
reason,
so
it
could
be
done.
It
has
been
decided
against
it
because
it
was
seen
as
not
very
feasible
on
a
global
scale,
because
these
things
also
have
to
work
always
in
every
country
on
the
planet.
B
Are
in
fact
and
programs
that
complex
information
and
validation
of
information
was
important.
Let
the
model
for
relationship
specific
graph
bot
where
you
have
the
relationship
between
the
two
nodes
and
any
number
of
types
of
relationships
in
the
future,
and
you
will
have
a
knowledge
graph.
But
I
would
like
to
say
just
as
someone
who
spent
six
years
on
the
board
of
Life
working
with
Kristoff
and
this
project
and
now
I'm
on
a
different
project.
B
It's
one
of
the
reasons
why
the
objective
of
Lei
growth
has
been
to
get
beyond
the
two
million
that
are
mandated
for
financial
institutions
and
to
get
to
the
20
million
a
very
large
critical
mass.
That's
needed
for
additional
Commerce
and-
and
that
is
where
the
the
goal
of
minimizing
the
Redundant
cost
of
doing
so
by
using
kyc
and
having
issuance
more
affordable
for
people
to
actually
get
that
credential.
In
future.
A
A
But
the
good
thing
with
the
leis
we're
not
intending
to
replace
any
other
identity
system,
but
we're
actually
embracing
them.
So
we
already
have
several
mapping
programs
in
place.
As
you
can
see
here,
we
carry
also
the
big
codes
and
icens
we're
also
working
with
gs1
on
the
gln
as
we
speak,
and
now
that
I
learned
about
the
new
one.
A
So
the
question
is:
how
is
the
information
and
the
the
offer
of
leis
and
vleis
brought
to
those
who
should
get
one?
That's
not
a
short
answer.
Unfortunately,
I'll
try
to
keep
it
as
short
as
possible,
so
the
global
Lei
system
is
a
Federated
system.
I
talked
about
Lei
issuers
and
blei
issuers,
so
glyph
itself
does
not
interact
with
the
end
users.
The
holders
of
leis
and
B
apis
there's
much
more.