►
Description
A recording from a Hyperledger Silicon Valley meetup held on March 30, 2023 featuring Mark Rakhmilevich, Senior Director, Blockchain Product Management at Oracle. Mark is speaking about tokenization engine and Web3 integration in Hyperledger Fabric as well as use cases and examples of Permissioned/Public chain interoperability.
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Hyperledger – Open Source Blockchain Technologies
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License
Creative Commons Attribution license (reuse allowed)
A
B
Right
we've
always
been
about
Enterprises
and
Enterprise
blockchain,
of
course,
since
2018,
when
we
launched
our
hypergeophobic
based
blocks
and
platform,
but
the
last
couple
years
we've
really
been
pushing
the
envelope
and
taking
it
into
Webster
space,
this
tokenization
and
Webster
integration
and
the
centralized
identity,
and
you
name
it
right
we're
trying
to
be
as
good
of
a
web
series
citizen
as
we
can.
Given
that
we
are
permission
blockchains.
A
B
The
silver
okay,
it
should
still
work.
Oracle
has
been
selected
for
the
third
year
in
a
row
in
Forbes
blockchain
50.,
one
of
the
very
few
large-scale
tech
companies.
Actually
that's
been
in
that
Forbes
list
for
three
years
in
a
row
now.
So
that's
kind
of
neat.
My
role
quickly
is
I'm
responsible
for
product
management
blocks
and
technology
and
strategy.
In
addition
to
our
blockchain
platform,
we
have
a
couple
other
blockchain,
related
Solutions
and
products
which
I
can
tell
you
about
afterwards.
B
To
do
that
and
some
customer
use
cases
I
will
show
you
some
really
good
examples
of
how
customers
are
using
some
of
those
capabilities.
Particular
tokenization,
centralized
identity
is
still
a
little
bit
experimental
and
earliest.
There's
a
few
I
would
say
opportunities
that
we're
involved
in,
but
not
really
production,
but
many
others
are
tokenization,
use
cases
in
production
and
then
you
know
just
share
a
bunch
of
additional
materials.
B
So
I'd
like
to
start
with
this
question
that
one
of
my
colleagues
actually
asked
a
while
back
out
on
Twitter
to
describe
Webster
in
one
world
right-
and
you
know,
people
came
up
with
all
kinds
of
interesting
answers
all
over
the
place
right.
What
does
Webster
really
mean?
Self-Sovereignty,
Community
or
identity,
transactional,
delusional,
grift
exit
liquidity
and
so
on.
So,
since
you
know,
we
are
in
some
sense
driving
this
train
forward
right
from
a
blockchain
perspective,
I
think
it
behooves
us
to
talk
a
little
bit
about
our
views.
B
So
I've
started
talking
about
portable
digital
assets.
The
centralized
identities
that's
mature,
in
particular,
is
3C
standards,
the
centralized
identity
verified
credentials,
and
there
is
now
quite
a
momentum
in
that
space.
We're
seeing
in
the
last
year
actual
real
world
use
cases,
the
centralized
storage,
that's
another
big
area
and
the
centralized
governance
right.
B
There
is
a
bunch
of
things
that
are
happening
in
that
space
that
the
thing
is
still
emerging
from
an
Enterprise
perspective,
because
Enterprise
is
all
about
centralized
governance
but
you're,
beginning
to
see
in
the
context
of
consortia
and
ecosystems,
emergence
of
desire
to
adopt
someone's
at
the
centralized
governance
capabilities.
So
he
brings
that
together
and
I
think
what
you're
going
to
see
is
sort
of
a
next
generation
of
a
lot
of
person
to
person
business
to
business
government
to
person
governmental
business
interactions
that
are
power
Business
Technologies.
B
Certainly
there
is
some
amplification
from
immersive
Technologies
in
a
virtual
reality
metaverses.
Whatever
term
you
want
to
apply
there
and
they're
going
to
see.
This
combination
show
up
essentially
as
a
set
of
complex
services
and
non-demand
capabilities
with
digital
identities.
Wallets
more
contracts
off
chain,
Edge,
Computing
and
web
series
will
be
kind
of
the
large
envelope
into
which
all
of
this
gets
tough
right.
B
B
Ndig
documents
verified
credentials
and
it's
called
concept
of
what's
called
this
issue
or
colder
and
verify
a
triangle
and
the
capabilities
that
we
probably
know
best
from
hypology,
ND
and
hydrology
areas,
wall
of
Technology
and
then
the
centralized
governance
right.
If
you
think
about
the
consensus
mechanisms,
particularly
in
the
permission,
blockchain,
that's
a
model
of
governance,
but
also
those
and
how
those
dowels
are
beginning
to
be
used
in
variety
of
ways.
One
of
the
really
interesting
things
I've
heard
recently.
B
You
know
oracle
has
been
known
to
sponsor
some
sports
leagues
and
teams
and
facilities,
and
our
chairman
in
particular,
is
a
great
fan
of
sailing.
He
was
sponsor
of
America's
Cup
for
a
number
of
years,
but
recently
moved
away
from
that
to
a
newly
called
cell
GP
cell
GP
is
an
international
league
they'll,
be
here
in
San
Francisco
Bay
in
may.
They
run
catamarans
on
foils
that
go
over
50
knots
over
50
miles
an
hour
on
water.
It's
amazing,
stuff
I
mean
I'm
a
sailor
myself.
So
it's
what
you
know
anyway.
B
So
I've
been
talking
to
them
about
some
of
the
things
they've
been
doing
with
near
blockchains.
They've
been
partnering
with
near
for
some
time
and
they're
talking
about
having
individual
teams
convert
into
a
Dao
based
organizations
where
people
and
sponsors
can
buy
into
the
Dow
and
stakeholders
and
through
the
Dow
mechanism,
actually
controls
the
decision-making
process
of
that
particular
team,
and
so
this
is
a
really
interesting
example
of
how
you
know
those
dials
Beyond.
B
So
you
know
what
the
benefits,
because
you
know,
I
talked
mostly
to
our
customers,
who
are
Enterprises
government
organizations
and
they
really
want
to
know
what's
in
it
for
them
right,
I
mean
you
know.
Is
this
old
stuff
out
there?
You
know
in
crypto
worlds
that
they
don't
want
to
touch
or
is
there
something
real
there?
So
I
think
there
is
a
lot
of
real
capabilities
here
that
can
be
beneficial
in
an
Enterprise
space
in
business
space,
certainly
for
tokenization,
protecting
AP
ownerships
to
run
FTS.
B
You
know
traceable
history
of
life,
cycle
transactions
that
you
get
and
ability
to
do
all
sort
of
really
interesting
payments,
B2B
payments,
micro
payments
and
other
kind
of
things,
including
most
recently
we
started
getting
involved
in
Central
Bank
digital
currencies
around
the
organization,
space
verified
credentials,
JD
documents,
there's
a
lot
of
value.
Actually
some
companies
are
beginning
to
think
you
know
they
spend
so
much
time
in
resources
from
a
security
perspective.
Managing
entity
management
ensures
that
that
doesn't
get
breached.
B
All
of
a
sudden,
a
lot
of
it
moves
out
to
individual
user
wallets,
there's
nothing
to
bridge.
It
saves
them
so
much
from
a
risk
perspective
and
cost
perspective.
Is
that
beginning
to
think
the
centralized
identity
actually
has
something
to
offer
to
Enterprises?
And
then
you
know,
centralized
governance,
that's
a
hard
to
sell
to
companies,
but
I
think
if
you
work
in
a
consortia
setting
where
companies
are
working
together-
and
if
you
have
you
know,
leagues,
sports,
leagues
and
other
things
like
that,
I
think
there
may
be
something
there
as
well.
B
So,
let's
just
you
know
my
thoughts
on.
Why
is
that
matters
now
drilling
down
on
tokenization
a
little
bit
right,
I
mean.
Obviously,
if
we've
been
seeing
adoption
of
this
in
Enterprise
use
cases,
you
know
ownership,
transfer
or
not
of
ownership,
but
just
usage
rights
right.
You
might
have
specific
license
right
that
you
want
to
be
able
to
offer
ability
to
verify
ownership.
History,
allow
fractional
ownership
to
help
increase
liquidity.
You
can
track
digital
assets
of
of
you
know
actual.
B
You
know
online
only
tokens,
but
also
digital
twins
of
physical
assets,
which
is
quite
important
in
a
number
of
companies
that
deal
with
high
value
assets
for
B2B
transactions,
but
also
in
BTC
engagements,
and
you
can
use
token
mechanisms.
Smart
contracts
to
control
the
operations
at
your
Enterprise
systems
form
on
those
assets,
which
is
quite
important
right.
So
you
have
agreed
rules.
You
know
who's
trying
to
make
a
particular
State
transition,
a
state
change.
Then
you
can
determine
if
that's
you
know
going
to
be
allowed
or
not
and
so
on.
B
So
there
is
a
lot
of
potential
interest
there
in
creating
a
bit
more
of
a
standardized
mechanism
for
Enterprise
systems
to
manage
that
right.
Of
course,
you
know
we
know
the
history,
probably
everybody's
familiar
with
the
history
of
tokenization,
from
Bitcoin
to
nfts,
but
we're
beginning
to
see
is
emerging
interest
from
Enterprises
for
using
fungible
tokens
and
rewards
and
loyalty
programs.
Royalty
tracking
cross-border
fund
stands
for
cbdc,
another
digital
currency
applications
and
nfts,
as
well.
In
reward
systems,
component
traceability
and
regulated
Supply
chains
and
regulated
production
environments.
B
We
have
some
companies
that
are
doing
electric
vehicle
battery
passports.
German
government
has
created
a
coalition
of
local
vendors
at
one
of
our
partners
on
the
Oracle.
Blockchain
is
actually
implementing
a
battery
passport
for
a
lot
of
German
automakers
and
another
one
recently
implemented
the
same
thing
on
Oracle
blockchain
for
Ford
before
the
electric
vehicle
data
is
actually
in.
B
You
know,
tracking
the
batteries
with
the
passport
identifier
that
has
unique
capabilities
to
identify
nodes
as
a
background,
but
certain
components
and
as
it's
going
through
repair
reuse,
because
battery
is
at
some
point
not
good
enough
to
drive
the
car.
But
it's
good
enough
for
other
things
that
can
be
reused,
repropers
as
an
ultimately
cycle
and
so
on
electronic
bill
of
lading.
One
of
our
Consortium
companies
that
we've
been
working
with
global
Shipping
business,
Network
jsbn,
which
is
in
this
Maritime
shipping
World.
B
They
have
contended
Shipping,
Company,
Sports
terminal
operators,
so
you
know
Logistics
and
shipping
started
putting
on
elected
electronic
bill
of
lading
capabilities
on
top
of
the
blockchain
to
be
able
to
provide
essentially
this
negotiable
document
and
transfer
it
electronically
without
anybody
having
to
print
it
Courier
and
so
on,
which
is
a
really
big
thing,
and
there
is
a
lot
of
sensitization
effort
happening
around
that
as
well.
So
just
a
bunch
of
examples,
I
think
it
was
the
questions
there.
Yeah.
A
C
A
B
Sometimes,
but
definitely
we
have
to
do
some
education
because
for
some
people
you
know
they
read
every
day
about
cryptos
I
read
about
you,
know
FTX
and
everybody
who
is
you
know
taking
advantage
of
people
there
and
they
have
questions
right.
I
mean
houses
related
how
Securities
and
so
on.
So
there's
always
some
medications
that
we
have
to
do.
B
In
order
to
provide
organization
support-
and
we
said,
look
why
you
know:
have
everybody
built
it
every
single
time
from
scratch?
They
can
provide
out
of
the
box
libraries,
it
Implement
that
and
it
has
a
school
cool
local
developmental,
the
bill
called
blockchain
app
builder,
which
generates
code
automatically
from
templates
and
specifications,
and
so
we
said
we
create
specifications
for
erc20
or
ttf
based
tokens,
yes,
721
and
July,
and
that's
what
you've
done.
It's
basically
started
the
stock
and
taxonomy
framework
structure.
We
created
a
meta
model.
B
We
created
the
templates
and
then
we
automatically
generate
all
of
the
lifecycle
methods
from
that
template
based
on
the
behaviors
that
you
specify
vulnerable,
mintable,
transferable,
all
of
those
things
so
that
you
can
deploy
it
automatically,
and
you
know
you
can
build
on
top
of
that.
If
you
want
I'm,
also
here
to
do
some
optimization
inside
hypology
fabric
peers
to
avoid
mvcc
conflicts,
which
we've
done
so
we
can
now
do
multiple
token
transactions
per
block
at
high
speed
and
so
on,
and
we've
added
support
for
nft.
B
B
You
know
way
to
operate
with
other
cartridge
public
nodes,
so
we
have
customers
running
across
multiple
clouds
and
multiple
providers,
as
well
as
on-premises
version,
as
well
as
available
outside
of
Oracle
cloud
in
the
significant
Oracle
database.
So
they
can
feed
The
Ledger
data
in
synchronously,
so
you
could
do
analytics
machine
learning
and
other
things
and
another
conciding.
B
You
know
provide
a
lot
of
integration
capabilities
through
the
same
rest
apis
as
well
as
integration
adapters,
to
make
it
easy
to
integrate
applications
back
off
the
systems
of
Records
to
everybody
kind
of
depends
on
so
they're,
so
pre-assembled
managed
service.
You
know
there
is
one
screen
three
or
four
Fields.
You
need
to
fill
out
to
provision
it
10-15
minutes
later
everything
is
there
and
ready
to
go,
and
so
you
know
very
easy
to
use.
B
Atomic
updates
as
well.
This
assumptions
that
many
of
our
customers
really
needed
to
be
able
to
integrate
blockchain
with
other
resources
or
complex
applications
where
you
have
transactions
spanning
multiple
channels,
multiple
chain
codes
on
the
blockchain
in
fabric
natively.
Today,
you
cannot
commit
them
with
the
same
atomic
transactions
actually
overcomes.
The
tissue
is
to
face,
commit
and
recently
added
ethereum
interoperability
as
well.
So
you
can
now
do
atomic
transaction
across
Fabric
and
ethereum
in
the
same
basically
invocation
and
some
data
management
and
other
things.
B
So,
but
as
part
of
that,
you
know,
oh,
this
is
just
where
to
find
it.
If
you
have
some
interest
in
playing
with
it,
you
can
go
into
Oracle
cloud
cloud
and
oracle.com
is
a
setup,
an
account.
There
is
a
menu
here
called
hamburger
menu,
just
those
three
lines,
and
that
gives
you
access
to
drop
down
into
all
of
the
different
services
and
the
developer.
Services
you'll
find
blockchain
platform
a
simple
menu
to
provision.
D
B
Yeah
absolutely
I'll
come
to
that
I
have
a
couple
slides
on
that
and
I
can
I
can
share
with
that
yeah.
This
was
a
on-premise
version
that
runs
in
VMware
or
virtualbox.
This
is
basically
a
virtual
machine,
but
the
same
tag
is
the
same
software,
pretty
much
all
the
same
capability
just
for
customers
who
various
reasons
want
to
run
outside
of
Oracle
Cloud
during
the
store
particles
and
also
build
hybrid
networks.
Some
of
our
customers
want
to
run
on-premise
and
in
the
cloud
at
the
same
time
or
the
ecosystems.
B
Rather,
there
is
a
management
operations
console
that
makes
it
very
easy
to
do
the
configuration
management
Administration,
adding
extending
different
nodes,
creating
channels
deploying
chain
codes,
all
of
that
lifecycle,
management
of
smart
contracts
as
well,
either
through
the
blockchain
up
Builder,
which
is
a
downloadable
tool
or
directly
through
this
web
console.
And
then
you
know
monitoring
troubleshooting.
Here
you
can
see
the
relationships
of
pure
nodes
different
channels.
B
There
is
a
lot
of
dashboards
and
Ledger
browser
to
be
able
to
drill
down
on
a
particular
channel
to
blocks
user
blocks
and
transactions
inside
the
blocks
and
all
of
that
kind
of
an
admin
view,
of
course,
for
applications.
You
would
build
something
very
specific,
so
you
know
this
has
been
the
words
we've
done
to
make
it
easier
for
Enterprises
to
adopt
that's
why
many
Enterprises
have
chosen
Oracle
platform,
but
beyond
the
infrastructures,
there
is
also
requirements
around
the
applications
themselves
right.
The
platform
itself
is
horizontal
platform.
B
So,
if
you
have
two
things,
one
is
a
portfolio
of
partners
with
industry
Solutions
across
many
verticals,
and
also
the
slow
code,
devtool
called
blocks
and
app
builder,
and
this
is
really
neat
tool
because
it
can
automatically
generate
smart
contracts
from
templates.
You
can
take
existing
templates
and
tailor
them
or
you
can
create
new
ones.
There's
an
enormous,
Json,
very
easy
to
use,
and
we
now
extended
that
with
templates
for
tokenization,
so
you
can
create
fungible
token
non-fungible
token
chain
codes
as
well
in
that
environment.
B
It's
a
tools
that
you
can
download
from
the
platform.
It
runs
in
Visual
Studio
code
as
an
extension,
so
you
can
bring
it
up
in
a
GUI
environment,
there's
also
command
line
version
for
CI
CD,
and
it
manages
entire
process
from
editing
the
templates
to
scaffolding
and
create
chain
code.
We
generate
in
typescript
and
go
and
then
testing.
There
is
a
built-in
version
of
fabric
for
local
testing
deployment
and
then
also
deployment
to
the
blockchain
platform
in
the
cloud.
For
actual
you
know:
nodes
in
Tesla
production
environment
as
well
kind
of
simple
flow.
B
Here
you
start
with
a
specification
file.
Let's
look
at
the
yaml
adjacent
file
and
once
you
tailor
it,
you
can
generate
the
scaffold
on
the
Chain
code
and
this
will
generate
basically
as
a
crowd
method
or
if
it's
a
token
template
it
will
generate
all
of
the
life
cycle,
operations
necessary
or
the
chain
code
methods
for
the
life
cycle.
Of
the
token
you
can
extend
it
as
custom
message.
If
you
want
to-
or
you
could
use
it
as
is
and
deploy
it
directly,
you
can
deploy
and
test
it
locally.
B
There
is
a
drop
down
menu
to
execute
all
of
the
methods
that
we
generate,
and
then
you
have
ability
to
package
and
deploy
directly
to
Oracle,
Cloud
environment,
so
very
easy
to
use
tool
and
if
you're,
not
a
blockchain
developer
and
you've
never
written
chenco.
This
is
a
good
place
to
start
because
it
will
generate
basic
stuff
for
you
and
you
can
run
it
directly
through
the
rest
apis
and
then
you
can
play
around
and
extend
it
if
you
want
and
modify
it
because
it's
all
in
source
code.
B
So
we
use
this
for
tokenization
support,
and
this
is
how
we
started
introducing
tokenization
to
our
Enterprise
customers,
initially
with
SpongeBob
tokens
based
into
ttf
model
and
later
on,
as
nfts
as
well.
We
have
added
support
in
the
recent
release
to
do
liquidity,
pool
exchanges
for
cross
currency
or,
if
you
have
fungible
tokens,
for
example,
in
the
multi-brand
Loyalty
program,
and
you
have
different
ways
and
you
need
to
exchange
it.
B
So
just
this
methodological
exchangeable
liquidity
pools
that
he
has
somebody
who
has
accounts
on
multiple
token
IDs
and
exchange
rates
that
can
be
set
by
apis.
So
this
is
something
that
we've
added
recently,
but
the
basic
mechanism
is
essentially
you
start
with
a
template.
You
see
this
is
a
fundable
program.
Example,
it
defines
Anonymous
the
behaviors
and
some
parameters
of
custom
properties.
You
can
add
that
will
generate
account
based
setup
environment,
a
road-based
security
as
well,
and
then
the
lifecycle
methods
necessary
to
create
you
know,
mint
transfer
and
burn,
and
so
on
also
tokens.
B
So
this
is
pretty
straightforward
environment.
This
tokenization
engine.
He
has
basically
three
layers.
There
is
an
SDK
layer
for
each
of
the
different
token
types,
the
result
of
wrapper
functions
that
can
unify
it
and
provide
all
the
management
setup
querying
and
so
on.
This
can
be
customized
functions
and
then
role-based
security
added
in
there
as
well.
So
you
can
specify
the
roles
for
who
can
men
who
can
burn
and
so
on?
B
This
is
a
new
standard
for
those
who
are
familiar
that
combines
fungible
and
non-fungible
tokens.
So
you
could
have
a
single
chain
code.
Now
that
allows
you
to
manage
both
fungible
and
non-file
and
nfts.
You
could
do
batch
operations,
so
you
could
do
batch,
minting,
batch
transfers
and
so
on,
and
you
can
exchange
fungible
tokens
for
non-fungible
and
much
sources
so
some
of
the
key
capabilities
there.
So
we
generate
all
of
those
methods
from
a
description.
B
This
is
an
example.
If
you
have
a
demo
actually
of
using
this,
where
you
can
buy
and
if
the
actual
integrated
with
ethereum,
so
you
could
buy
it
within
here's.
A
20
coin-
and
you
know
this
the
mechanism
and
that
we're
seeing
many
of
customers
going
forward
will
start
using
because
in
many
nft
applications
there
is
also
a
need
for
fungible
tokens
as
well
and
dynamic
nfts
as
well.
So
this
is
the
solution
of
liquidity,
pools
where
you
have
ability,
let's
say
doing:
multicolonial
cbdc,
Central,
Bank
digital
currency.
B
So
you
need
to
be
able
to
do
exchange
between
multiple
currencies.
So
you
have
somebody
which
owns
exchangeable
accounts.
You
can
multiple
tokens
or
balances.
There
is
a
transaction
request
to
set
it
up,
initialize
at
conversion
rates
Etc.
You
can
then
fund
the
balances
in
here
either
as
percentage
of
the
meeting
function.
B
Yeah,
so
one
of
the
things
I
mentioned
earlier
is
that
it
also
was
important.
Is
this
concept
of
atomic
transactions
right
so
how
many
familiar
with
some
of
the
marble
samples,
Capital
fabric
samples
right
marbles,
everybody
anybody
to
play
with
that?
Everybody?
Okay!
It
basically
shows
an
example.
If
you
have
an
object,
it
has
some
properties
that
color
size,
Etc
Anonymous
and
you
can
transfer
them.
So
there
is
another
sample
sample
called
example:
zero:
two,
where
you
have
transfer
of
some
numeric
value
right
from
account
a
to
account
B.
B
So
let's
say
you
actually
want
to
deploy
an
application
where
somebody
buys
Marbles
and
pays
for
them
using
the
example
tokens,
but
you
have
marbles
running
on
one
channel.
You
have
a
payment
running
on
a
different
channel
for
scalability
right
when
you
separates
them
out
in
Fabric,
and
you
want
to
make
sure
that
the
payment
and
the
transfer
ownership
is
done.
B
Atomically
right
so
we
created
this
Atomic
transaction
apis
between
the
box
or
our
restaurant
and
Gateway
and
you're,
basically
specifying
the
reference
actions
with
the
chain
code,
name,
parameters
in
the
channel
name
and
using
two-phase
commit
mechanism
where
we
actually
first
do
a
prepare.
The
transactions
are
stored,
as
spending
in
The
Ledger
with
a
pending
flag
and
then,
if
everybody
agrees
that
you
know
prepare
has
completed,
then
we
do
a
commit
and
visan
can
commit
it
to
the
actual
State
World
state.
So
then,
or
we
can
do
roll
back.
B
If
you
know
somebody
fails
so
this
was
kind
of
the
capabilities
that
started
us
on
the
passive
Atomic
transaction
support
was
said.
Initially
we
had
customers
who
needed
to
do
this
complex
stuff
across
multiple
channels,
all
right,
so
that
was
great.
The
Zen
said
why
don't
we
extend
that
by
including
other
blockchains
in
that
right
so
I
mean.
Of
course
everybody
wants
to
play
with
ethereum.
So
we
in
our
gateways
here
added
supported.
Yes,
client
right.
B
B
Because
of
the
serum
side,
you
don't
have
to
face
them:
it's
not
an
Excel
resource.
So
essentially
we
do
a
transaction
Atomic
transaction.
We
will
do
a
prepare
phase
or
an
hour
will
change
course.
We
will
then
go
and
use
through
wine
to
make
a
call
to
do
a
construction
and
work
smart
contract
and
if
they
have
a
specific
finality
criteria.
So
how
many
blocks
to
wait?
How
long
to
wait,
timelines,
Etc
and
verify?
B
And
if
that
happens,
then
we
come
back
here
and
we
do
a
commit,
and
if
this
fails
then
we'll
do
a
robot.
So
this
allows
us
to
do
without
any
bridging,
essentially
Atomic
operations
across
multiple
chains
and
I.
Think
someone
was
asking
you
know
what
are
some
of
the
use
cases.
I'll
show
you
in
a
second,
but
this
is
what
it
looks
like
from
an
API
perspective
where
it
gives
us
a
quest,
a
transaction
so
you're
specifying
on
jobs
and
why
this
our
calculator
fabric
transaction,
there's
a
f
e
Q3.
B
Whatever
that
chain
code
is
and
then
here's
the
seller
see
the
zero
request
you
can
specify
assigned
to
unsend
request,
you
can
specify
the
finality
parameters
and
Technology
true
or
false.
What's
the
way
it
owns,
that
and
we'll
then
go
ahead
and
do
prepare
execute
this.
Do
the
verification
and
then,
if
everything
is
good,
we
will
go
ahead
and
commit
on
the
Oracle
side
and
you
get
the
response
back.
That
shows
User
it's
actually
prepared
and
then
the
transaction
ID
as
well
on
the
ethereum
side.
B
And
if
you
were
to
go
and
look
up,
The
Ether
scan
or
the
transaction,
you
will
actually
find
the
attraction
ID
here
as
well,
because
it
happened
in
our
case
of
test
snap
using
Gory
for
that
example
here.
But
this
is
essentially
the
mechanisms
that
allows
us
to
do.
Atomic
transactions
and
those
atomic
transactions
support
things
like
automatic
Atomic
asset
exchanges.
So
you
know
you
might
have
a
custodial
wallet
now
tokenization
system
and
you
need
to
fund
it
and
you
can
pre-fund
it
with
ethereum
transfer
the
student
payment
right
or
some
other
payment.
B
There's
a
20.
You
might
have
an
nft
on
Oracle
blockchain
and
to
buy
it
you're
paying
with
you
know,
ethereum
it's
coin
or
USC
plenty.
You
know,
or
you
want
to
maintain
nft
on
Oracle
blockchain
for
constantiality
et
cetera,
but
then,
if
somebody
buys
it,
you
want
to
enable
them
to
transfer
to
a
public
chain
like
polygon,
which
is
in
the
VM
chain
for
liquidity
on
the
secondary
Market
all
right.
So
this
allows
you
to
do
all
of
those
things
right,
there's
a
bunch
of
other
examples.
B
So
a
couple
things
one
is
there's
nothing
to
hack.
Bridges
are
hacked
frequently.
There
is
a
time
window
where
that
asset
does
not
exist
and
I
is
a
blockchain
if
using
a
bridge
all
right.
So
whoever
was
operating
a
bridge,
it's
more
or
less,
centralized
right,
it's
under
control
of
that
entity
and
was
its
milliseconds
or
seconds
or
hours.
I,
don't
know.
But
you
know
we
hear
about
bridges
being
hacked
all
the
times.
This
way
it
always
exists
either
on
one
blockchain
or
another
project.
There
is
no
in
between.
B
So
we
use
the
Fab
C
provider
to
actually
publish
the
web3
apis
right,
Json
and
PC
apis
and
then
be
able
to
talk
to.
You
know
hypertrophobic
view
around
your
gdm,
and
this
is
now
something
that
they
have
Partners
customers
taking
advantage
of.
In
fact,
one
of
the
companies
also
an
example.
Live
Flex
is
sitting
behind
there
using
this.
B
B
So
we
see
a
bunch
of
that.
There
is
a
lot
of
value
to
actually
provide
identity
back
in
the
hands
of
the
users
right
with
wallets
and
so
on
and
interoperability
transparency
and
for
organizations
that
manage
identity.
It's
really
something
that
can
save
a
lot
of
headaches
compared
to
housing,
manage
identity
today,
so
there's
a
whole
bunch
of
use
cases,
the
ws3c
popularized.
B
You
see
a
bunch
of
categories
here:
we've
worked
in
financial
services,
retail
supply
chain,
manufacturing,
Logistics,
Webster
and
kind
of
overlaid
where
tokens
come
in
in
some
of
these
use
cases
right
some
fungible,
some
non-fungible,
but
we're
beginning
to
see.
You
know
that
many
applications
that
would
have
been
implemented
last
couple
years.
You
know
a
couple
years
ago
in
a
more
custom
Manner
and
are
gravitating
towards
using
tokens
as
a
standardized
kind
of
framework
for
implementing
right
and
so
here's
some
examples
of
Partners
Implement
ticketing
application.
Using
our
fungible
tokens.
B
D
B
Change
so
you
could
do
you
know
cross-chain
operations
through
that
mechanism
as
well,
and
they
do
a
lot
of
work
with
you
know:
immersive
capabilities
as
well
to
actually
integrate
the
nft
into
all
kinds
of
you
know:
onboarding
and
education,
environments
and
fan
engagement
and
so
on
another
one,
also
in
a
few
Marketplace
in
Europe
being
worked
on
around
nfts
as
Investments.
So
this
is
basically
taking
kpi
data
fields,
that's
coming
from
blockchain
nodes
or
various
partner
companies.
Creating
serious
energy
generator.
B
This
was
a
product
based
nft,
so
this
is
a
company
that
does
textiles,
but
they
don't
do
any
Works.
Actually
you
have
materials,
and
then
everybody
else,
there's
also's
manufacturing,
intermediate
products,
fiber
yarn,
Fabric
and
then
ultimately
garments
and
so
on,
37.5
as
American
constant
body,
temperature
and
stuff,
you
might
have
seen
them
in
stores
and
they
wanted
to
track.
They
used
to
do
all
of
the
Striking
of
inventory,
intermediate
products
and
Roads
that
they
collect
using
spreadsheets
and
we
basically
put
them
on
a
blockchain
to
provide
real-time
visibility
instead
of
end
of
the
months.
B
Spreadsheet
forces
government
grants
programs.
This
is
something
interesting:
National,
Science,
Foundation
issues
a
lot
of
Grants
and
then
those
grants
turn
into
sub
grants
and
sub
grants
and
they
lose
tracks.
They
cannot
follow
more
than
one
tier
and
then
people
have
a
hell
of
a
time
spending
a
lot
of
energy
and
resources
and
actually
spending
a
lot
of
research
time
responding
to
all
kinds
of
data
requests
to
provide
reports
on
where
to
spend
the
money.
So
we
provided
a
demo
for
them.
B
It's
currently
in
an
RFI
stage
of
multi-tier
Grant
Management
using
fungible
tokens
with
nfts
for
the
grant
letter
Awards.
But
then
the
disbursements
are
done
for
fungible
tokens
and
then
a
bunch
of
other
things.
We've
announced
Volvo
group
recently
transportation
management,
basically
Freight
transportation
management.
B
The
one
in
the
middle
is
in
India,
which
is
around
basically
a
trade
document,
so
export
import,
you
know
related
documents
and
then
the
right
is
the
one
I
mentioned
in
Europe,
which
is
this
alternate.
Investment
nft
Marketplace
right
up,
I'll
skip
that
this
is
just
Juniper.
So
just
some
concluding
shots
here,
I'll
report,
because
I
want
to
give
people
a
hard
time
as
well
to
talk
about
their
projects,
but
I
think
we're
going
to
see
a
lot
more
of
Webster
Technologies
permeating
into
Enterprises.
B
There
is
a
values
there.
If
you
can
package
it
properly,
if
you
can
position
it
and
if
you
can
provide
it
in
an
Enterprise
grade
framework
right,
you
know
it's
not
going
to
go
into
things
on
public
chains,
because
there
is
always
a
lot
of
concern
about
security.
Confidentiality,
scale
performance,
all
of
those
things
throughput,
but
in
a
permission
blockchains.
It
has
the
same
capabilities.
I
feel
more
comfortable
so
beginning
to
see.
B
You
know:
Technologies
such
as
tokenization
the
centralized
identity
and
so
on,
and
actually
getting
some
hearing
and
getting
some
adherence
as
long
as
they're
being
gone
in
a
kind
of
Enterprise
framework.
So
I
think
that
there's
a
lot
of
potentials
there
I
think
we
need
to
continue
to
provide
in
an
Enterprise
grade
environment.
Those
capabilities,
as
they
continue
to
emerge,
understand
what's
happening
in
public
change,
but
also
adopted
into
the
permission
change
all
right.
I
will
you
know
we're
looking
at
a
couple
other
hyperledger
projects?
B
Actually
so
we'll
talk
about
data
and
Firefly
I
just
wanted
to
mention
this
opposite
C
operation,
smart
contract,
hypology
lab,
which
is
a
governance
project
and
I-
think
this
is
going
to
be
really
interesting,
we're
thinking
about
extending
that
beyond
the
chain
code
management.
So
today,
when
you
deploy
chain
code,
if
you
have
to
go
through
approval
and
commit
process
and
that's
what
the
current
implementation
focuses
on,
we
think
it
can
go
beyond
and
become
a
governance
engine
around
who
can
join
the
chain.
Who
can
create
channels?
B
We
can
join
the
channel
with
voting
and
all
of
those
things.
So
that's
going
to
be
really
interesting
as
we
get
to
it
in
our
roadmap.
Looking
at
integration
of
hypology
cocktail,
hypology
Firefly
as
well,
some
of
the
web
series
stuff
and
since
there's
a
bunch
of
info
there,
you
know
we
have
a
lot
of
blogs,
published,
The,
Resolution
playbook
for
an
FDA
Marketplace.
You
can
scan
that
code,
we'll
make
the
deck
available
as
well
recording
we
have
an
ebook
also
that
talks
a
lot
about
Enterprise
use
cases.
B
So,
if
you're
interested
to
go
into
a
little
bit
depths
of
words,
this
is
being
used
in
different
Industries.
Take
a
look
at
that
a
bitly
link,
Oracle
underscore
blockchain,
underscore
ebook,
and
then
just
you
know,
if
you
want
to
play
with
it,
you
can
go,
get
some
free
credits.
So
there
is
a
thing:
an
option
to
do:
300
30
days,
pre-created
an
oracle
Cloud.
B
B
D
C
B
So
we
had
one
but
I,
think
we
tried
and
it
did
not.
It
did
not
work
right.
Wi-Fi
password
still
did
not
work
for
you
and
I
was
supposed
to
be
sending
like
individual
emails
to
everybody
persons
out,
but
since
I
did
not
have
emails
for
everybody,
so
I
tried
to
get
a
couple,
but
for
some
reason
they
didn't
work.