►
From YouTube: Digitising Dispute Resolution with Trust
Description
A presentation at the Hyperledger Trade Finance Special Interest Group about solutions for dispute resolution in Trade Finance. The Proof of Trust is a blockchain-based platform that brings immutability and distributed trust for smart contracts and data input. The platform has developed an innovative anti-collusion algorithm that takes the risk out of smart contracts so they can gain institutional adoption. This disruptive technology validates the authenticity of data with a bank of trusted and verified experts before it is put on the blockchain and used to execute smart contracts.
More about the Trade Finance Special Interest Group is at: https://wiki.hyperledger.org/display/TFSIG/
----
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#Hyperledger #HyperledgerTradeFinanceSIG #Blockchain
A
If
you
have
questions
about
these
methods,
please
contact
your
company
council
or,
if
you
are
a
member
of
the
linux
foundation,
feel
free
to
contact
andrea
up
the
grove
of
the
firm
of
gas
mira,
growth,
l
e,
which
provides
legal
counsel
to
the
linux
foundation.
Hyperledger
is
committed
to
creating
a
safer
and
welcoming
community
for
all.
A
So
welcome
everybody
to
this
mission.
We're
going
to
have
sahib
wasim,
I'm
coming
here
from
proof
of
trust.
You
know.
If
you
agree,
I
will
leave
the
word
to
them
to
illustrate
their
solutions.
They
have
advice
in
terms
of
straight
funds
going
to
be
very
interesting.
We
we
had
a
preview
a
few
few
days
ago,
so
welcome
gents
I'll
leave
the
fill
to
you
for
the
presentation.
C
Hi,
I'm
kevin
gill,
I'm
the
cto
and
distinguished
engineer
for
blockchain
services
in
the
uk
and
europe
and
I've
been
working
with
sakeeb
and
the
ceo
and
team
of
proof
of
trust.
Dean
armstrong
is
that
the
ceo,
who
is
a
qc
and
head
of
chambers
in
london
as
and
has
been
very
influential
alongside
sukeeb
in
this
dispute
resolution
solution,
which
is
equally
at
home,
with
both
legal
services
and
any
sme
input
to
dispute
delegate
review.
B
Thanks
very
much
so
if
you
guys
don't
mind,
I'm
going
to
pop
some
slides
on
the
screen
just
so
we
can
stretch
the
conversation
where
we
can
talk
through.
What
proof
of
trust
is
how
it
came
about
what
markets
we're
working
towards
and
why
we
feel
this
is
beneficial
to
the
legal
services
market,
but,
more
broadly
speaking,
governmental
transactions
and
commercial
transactions
at
scale.
C
D
B
B
So
what
proof
of
trust
is
secured
today
is
global.
Patents,
for
the
method
means
an
apparatus
for
dispute
resolution
across
any
and
all
blockchains,
using
a
really
innovative
method
for
distributed
consensus
to
manage
that
process
and
what
our
company
ethos
is.
Is
we
use
technology,
enablement
and
blockchain
to
drive
better,
fairer,
cheaper,
faster
decision-making
processes
around
legal
disputes
or
data
resolution
and
governmental
transactions
as
we'll
get
into
into
a
little
bit
and
as
we
started
our
journey
really
understanding?
B
You
know
why
this
is
so
important
what
services
we
can
provide.
We
started
building
our
idea
of
this
interconnected
universe
if
you
will
of
different
industries
and
participants
within
blockchain
consortiums
and
networks,
and
how
legal
services
really
underpin
the
longevity
of
faster,
more
efficient
transactions.
B
We've
created
three
products
in
our
journey
together
with
ibm,
nebula,
cosmos
and
nimbus
at
a
very
high
level.
Nebula
is
a
governmental,
focused
application
or
platform.
It's
focused
on,
inter
and
intergovernmental
transactions,
effectively
using
the
same
distributed
consensus
model
to
interconnect,
different
governmental
departments,
so
that
for
complex
approval
processes
were
able
to
effectively
create
agile
and
streamline
processes
which
otherwise
would
be
paper-based
and
waterfall
style
transactions.
B
B
If
we
take
hmrc
in
the
uk,
for
example,
we're
seeing
between
35
to
48
billion
pounds
worth
of
issues
or
potential
fraud
in
the
uk
related
specifically
to
covid,
what
proof
of
trust
can
do
is
provide
governmental
departments
with
scale
and
trusted
adjudication
of
those
transactions
where
otherwise,
it
would
take
them
years
to
resolve.
Proof
of
trust
feels
that
it
can
resolve
those
in
a
matter
of
months.
B
So,
let's
get
into
how
proof
of
trust
really
works
as
an
ecosystem.
How
does
the
product
actually
land
itself
with
these
clients?
Well,
we
like
to
segment
our
offering
into
three
areas.
We
have
the
buy
side,
I.e
the
client
side.
We
have
the
sell
side,
which
is
the
supply
side,
which
is
what
proof
of
trust
is
focused
on
providing,
and
then
we
have
additional
benefits
which
I
will
relate
back
to
our
original
diagram
of
the
universe.
B
So,
from
the
client's
perspective,
proof
of
trust
can
effectively
interact
with
any
kind
of
application.
We
are
api
centric,
so
we
can
connect
to
legacy
applications
or
any
type
of
blockchain.
We
aren't
afraid
of
the
fact
that
we
are
definitely
high
pleasure.
We
like
to
work
in
an
agnostic
sense
and
not
limit
ourselves
to
what
opportunities
we
have
with
any
different
type
of
clients,
environment.
B
We
provide
seamless
integration
that
could
be
front-end
integration
or
it
could
be
back-end
integration
with
any
of
those
clients
that
we
have
and
what
does
proof
of
trust
do
well?
We
provide
the
legal
expertise,
the
matchmaking,
the
adjudication
system
around
that
and
all
of
the
mechanisms
for
producing
a
verdict
against
an
issue,
and
what
do
we
produce
at
the
end
of
this?
B
Well,
we
record
all
of
these
transactions
and
capture
metadata,
anonymized
information
about
it,
to
provide
market
insights
that
are
applicable
to
the
client,
so
we're
able
to
digitize
the
entire
process
and
provide
a
360
degree
view
of
all
of
the
events
surrounding
the
disputes,
but
we're
also
able
to
offer
market-wide
insights
if
we
have
multiple
participants,
as
we
show
earlier
in
the
cosmos
diagram.
So
if
we
take
trade,
finance
or
finance
as
an
industry,
there
are
multiple
participants
in
that
each
of
them
struggling
with
their
own
disputes
and
issues.
B
How
does
it
actually
work?
I
think
that's
the
key
question
that
everybody
asks
us
for
what
does
a
process
look
like,
as
you
mentioned,
proof
of
trust,
allows
an
organization
or
an
entity
to
integrate
into
the
proof
of
trust
service
where
they
can
trigger
a
dispute
or
an
issue
either
part
way
through
the
transaction
if
they
felt
that
the
terms
have
been
breached
or
either
post-transaction.
If
off
chain
information
comes
into
play
that
would
instigate
or
indicate
an
issue
otherwise,
within
that
process.
B
B
We
give
both
participants
the
opportunity
to
categorize
the
type
of
issue
that
they're
faced
with
or
multiple
issues
that
they're
faced
with,
based
on
the
contract
step
in
place
between
the
two
of
them.
We
allow
them
to
capture
evidence
and
provide
rationale
and
really
give
us
their
story
and
tell
us
what
the
issue
is
just
like.
You
would
do
if
you're
presenting
to
court
so
we're
able
to
capture
both
sides
of
the
story.
To
that
effect.
B
Proof
of
trust
is
an
entirely
customizable
approach
to
dispute
resolution.
So
in
the
diagram
you
can
see
forth
that
we
have
five
delegates
in
our
system.
Those
would
be
the
appointed
adjudicators
for
a
dispute.
We
could
customize
various
attributes
about
the
transaction
itself,
so
we
can
scale
the
number
of
delegates
down
to
three
or
anything
above
as
long
as
there's
an
odd
number.
So
we
can
reach
consensus
and
we
can
also
set
different
kinds
of
thresholds
against
acceptance
criteria.
B
Once
we've
got
an
output
from
each
of
the
delegates
in
the
system,
our
algorithm
combines
that
and
produces
a
binary
outcome.
We're
then
able
to
effectively
deliver
that
decision
back
to
both
parties
in
a
binding
agreement,
and
we
can
record
the
outcome
to
blockchain
and,
as
mentioned
earlier,
we
capture
all
of
the
analytics
around
that
process.
C
The
the
one
thing
to
remember
is
the
market
place
in
the
middle
can
be
from
a
variety
of
sources,
so
it
could
be
the
top
four
accountancies.
It
could
be
the
top
four
legal
firms.
It
could
be
smaller
sme
consultants,
it
could
be
industry,
smes
and
the
delegates
I'm
going
to
go
through
some
examples.
As
I
progress,
the
delegates
could
either
be
from
an
industry
or
they
could
be
from
legal
services
or
they
could
be
from
the
organization
itself.
C
B
So
kevin
I'm
going
to
pass
over
to
you
now,
so
you
can
give
a
little
bit
of
context
about
the
proof
of
trust
in
ibm
relationship,
how
we're
working
towards
going
to
market
together
in
various
different
industries,
and
we
can
work
through
some
some
real-life
examples
of
where
prover
trust
is
providing
benefit
with
context.
The
different
products
that
we've
produced.
C
Okay
next
slide,
please
thank
you.
So
last
summer
sakeb
and
dean
came
in
to
see
myself
and
team
in
ibm
in
london,
and
we
were
talking
particularly
at
the
time
in
the
blockchain
space
and
where
the
proposition
started
was
around
smart
contracts
and
it
was
about
executing
the
smart
contract
in
a
way
that
had
some
legal
review
or
sme
review,
rather
than
just
writing
by
by
a
programmer
a
digital
con
contract
that
didn't
provide
the
provision
for
the
future,
the
the
recourse
to
enable
the
correct
legal
provisions
in
the
event
of
disputes.
C
The
next
thing
it
would
do
is
in
the
event
of
a
dispute.
Similarly
to
smart
contracts,
where
you
can
get
delegates
to
review
the
contract,
you
could
pull
in
a
pool
of
delegates
from
either
legal
accounting
or
multi-industry
background
to
actually
as
sakeeb
says,
go
through
that
case
and
I'll
give
some
examples
of
how
cases
look
and
show
you
some
screens
in
a
minute
and
at
the
time
we
were
focused
on
smart
contracts
and
we
we
could
really
see
the
benefit
of
that.
So
we
teamed
up
as
times
progressed.
C
C
Similarly,
for
hard
copy
contracts,
this
could
be
the
future
of
legal
services
and
it
could
be
as
to
keep
says
the
new
marketplace
to
actually
provide
that
review.
It's
api
centric,
so
you
can
call
it
from
wherever
we've
built
client
applications
as
well.
So
you
can
call
it
from
that.
But
really
this
is
flexible
and
we'll
see
some
examples
of
how
we
do
that.
So
in
phase
one
which
we
completed
over
the
the
winter
and
early
spring,
we've
built
the
platform,
so
the
platform's
ready
to
go
the
repeatable
process.
C
Is
there
we
built
a
couple
of
candidate
examples
around
insurance
and
tax
fraud
at
that
point,
but
since
then,
we've
been
taking
it
even
further
and
what
we're
really
doing
is
creating
something
that
enables
quick,
onboarding
and
we've
also
looked
at
the
screens
and
what
needs
building
for
specific
industries.
So
one
of
the
things
we've
been
looking
at
are
employment
disputes,
particularly
contract
employment
with
the
united
nations.
C
One
of
the
the
biggest
areas
of
potential
for
proof
of
trust
is
around
high
value
insurance,
so,
whether
it
be
personal
injury
claims
or
whether
it
be
b2b
in
the
reinsurance
or
portfolio
of
insurance
space.
Similarly,
when
you
look
at
supply
chain,
there
are
portfolios
of
contracts
that
are
brought
together
so
things
like
a
trade
execution
dossier
which
will
have
the
trade
finance
documents
in
it.
It
will
have
the
trade
credit
risk
documents.
It
will
have
things
like
dangerous
goods.
It
would
ensure
things
like
goods
arriving
on
time
and
not
perishing.
C
So
all
of
that's
got
to
be
written
correctly
in
the
first
place
and
when
disputes
happen,
you
again
need
to
pull
the
delegates
in
to
actually
resolve
that.
The
other
area,
as
sakeb
mentioned,
is
government,
so
across
government,
particularly
tax
fraud,
whether
it
be
a
vac
carousel
fraud
or
whether
it
be
the
multiple
flavors
of
covid
fraud
that
we're
seeing
in
in
the
current
pandemic
or
in
some
economies.
C
There
are
things
like
financial
markets,
products
that
are
actually
regulated
and
managed
by
government,
so
things
like
promissory
notes
and
the
assurance
of
that
and
then.
Lastly,
government
departments
are
big,
complex
beasts,
much
like
b2b
businesses
in
the
private
sector,
and
so
there
are
handoffs
between
the
departments
and
they
may
be
disputes.
They
may
just
be
around
resolution
and
certainly
inter
ministry
process.
C
So
sakeed
next
slide,
please
so
starting
to
move
on
to
some
real
examples.
So
I
mentioned
about
high
value
personal
injury
claims,
and
what
we're
talking
about
here
is
hundreds
of
thousands,
if
not
millions,
it's
difficult
for
the
individual,
that's
making
the
claim
one,
they
don't
understand
the
cost.
They
don't
understand
the
process,
they
maybe
don't
trust
their
insurer,
and
so
what's
really
needed
is
something
that
enables
the
dispute
resolution
and
arbitrage
independently
impartially
and
across
both
the
claimant
and
the
claim
handler
in
the
insurance
companies
across
the
insurance
business
networks.
C
C
We
actually
learn
from
the
experience
so
as
we
actually
provide
a
resolution
going
through
the
the
patented
algorithm
with
multiple
delegates
bringing
together
consensus,
we
actually
record
that
and
we
track
it
and
we
make
it
available.
For
instance,
in
the
insurance
case,
it
can
be
passed
back
into
the
under
or
writing
process
to
enable
better
underwriting.
C
It
can
be
a
service
that
proof
of
trust
provides
so
insight
services
and
what
we've
really
built
is
something
that's:
providing
dispute
resolution
promptly
and
fairly
as
cost-effective
access
to
justice
in
a
similar
way
to
online
courts.
Now
in
the
covid
world,
that's
really
important,
because
courts
are
really
constrained,
so
the
timing
is
good
for
this.
So
can
we
have
the
next
slide
please
so
here's
an
example
of
insurance
and
this
this
is
how
we
build
the
use
case,
so
we
use
design
thinking
we
create
personas.
C
So
in
this
case
we've
got
the
claimant
and
the
claim
handler
they'd
also
be
the
lawyer.
That's
representing
the
claimant.
We
build
the
personas
on
the
top
right
hand,
side,
we've
got
a
process
flow
and
I'll
go
through
that
in
a
bit
more
detail,
we
review
what
happens
today.
We
build
the
as-is
process.
C
So
keep
can
we
go
to
the
next
screen,
so
this
is
an
overview
of
the
end-to-end
high-value
personal
injury
claims
process
for
insurance.
It
could
could
equally
be
applicable
to
b2b
claims,
particularly
if
you're
reinsuring
high
value
assets,
it
could
be
business
to
business,
but
what
we've
got
on
the
the
left
hand
side.
We
kick
off
the
process
and
there's
some
triage
between
the
claim
handler
and
the
claimant.
They
may
agree,
then
they
may
approve,
or
they
may
reject
the
claim,
but,
as
often
happens,
it
becomes
more
and
more
difficult.
C
As
you
progress
down
this
pro
process
flow,
the
the
relationship
becomes
more
and
more
constrained.
Now
it
may
be
at
that
stage,
you
even
call
proof
of
trust
early
and
some
delegates
say
well
in
this
kind
of
claim.
Our
experience
is
this
is
the
outcome.
This
is
the
cost
and
it
enables
the
claimee
or
the
claimant
and
the
claim
handler
to
perhaps
arrive
at
a
resolution
earlier
now.
The
the
other
thing
that
can
happen
is
they
fall
out.
C
So
we've
got
to
the
point
where
there's
a
lack
of
trust
between
them
and
what
we
need
is
an
impartial
organization
to
come
in
and
deliver
that,
and
that's
what
the
proof
of
trust
solution
is.
It's
marketplace
wide.
It's
designed
for
multiple
insurers,
so
something
that
sits
in
the
industry
at
that
point
right
in
the
middle
of
the
screen,
where
we
see
the
proof
of
trust
blue
logo
that
they
are
invoked.
C
So
at
that
point
there
is
a
question
raised
so
and
generally,
in
this
case
it
would
be.
Does
this
amount
appear,
a
fairer
amount
of
reward
or
recompense
for
the
situation?
That's
happened
or
not,
and
behind
it
there'll
be
supporting
documents.
So,
as
the
claim
has
kicked
off,
both
the
claimant
and
the
claim
handler
will
have
created
some
documentation.
C
That's
collated,
it's
secured
it's
provided
in
a
pack
together
with
other
documentation,
and
it
might
be
things
like
the
weather.
It
might
be
information
about
a
cus,
a
company
or
the
individuals
or
other
parties,
and
then
the
delegate
themselves
does
a
review
and
that's
passed
back.
This
is
independent.
C
It's
got
similar
provenance
and
similar
legal
weight
as
online
courts,
and
that's
why
we
have
a
qc,
that's
driving
this
and
his
team
behind
the
categories
of
disputes
and
how
we
handle
them.
So
at
that
point
the
delegates
all
go
through
their
review.
They
come
back.
The
consensus
algorithm
either
generates
full
agreement
or
it
might
generate
80
agreement
and
based
on
the
business
rules.
That's
then
passed
back
to
the
claimant
and
the
claim
handler
now.
At
that
point
it
may
be
everyone's
happy
and
we
can
go
ahead
and
that's
the
resolution
now.
C
What
might
happen
is
there's
some
either
some
more
information
or
perhaps
there's
more
dispute
around
this,
and
we
have
a
super
delegate
process
where
we
can
go
through
the
same
loop
again
and
pass
that
back
to
the
individual
and
what
we're
really
doing
similar
rigor
to
court
impartial
process,
something
that's
industry-wide
that
enables
access
to
justice,
so
saket
next
slide.
Please.
B
I
might
just
add
at
this
point
as
well
that
the
delegates
within
this
system
operate
under
anti-collusion
properties
within
the
technology,
so
we
admit
the
opportunity
for
either
party
involved
in
the
dispute
to
actually
communicate
directly
with
those
delegates.
So
we
cut
off
any
opportunity
for
external
interference
in
that
process
as
well,
so
there
can
be
no
majority
sway
and
the
delegates
are
anonymized
from
each
other
as
well
in
that
panel.
C
C
Looking
at
the
border
o
the
portfolio
of
contracts,
particularly
as
they
head
towards
digital
and
again
making
sure
that
they're
written
correctly
in
the
first
place
and
then,
secondly,
handling
the
disputes
commercial
insurance
around
property,
particularly
around
liability
and
direct
reliability,
high
value
claims
and
also
providing
back
insights
to
in
and
underwriting
trade
credit
risk
insurance
and
the
trade
finance
associated
with
it.
High
value
claims,
life
and
pensions
both
for
high
value,
personal
claims
and
quite
often
life
and
pensions
and
other
products
in
insurance
are
mapped
together
as
a
portfolio
and
then
reinsured.
C
So
you
then
get
get
the
potential
for
b2b
disputes,
any
speciality
insurance
products
that
tend
to
be
more
complex
and
then
behind
that
the
underwriting
process
will
benefit
from
the
insights,
as
we've
already
said,
and
all
of
the
learnings
from
every
use
case
are
being
captured
and
either
fed
back
to
the
organization.
That's
made
the
request
or
fed
back
as
insights
that
can
be
offered
as
a
service.
C
Smart
contract
review
and
one
of
the
insights
will
actually
enable
writing
of
better
smart
contracts,
and
then
things
like
home,
buying
and
home
rental
actually
looking
at
both
the
commercials
when
you
set
up
home,
buying
and
rentals
and
disputes
around
that
promissory
notes.
We've
spoken
about,
and
tax
fraud
and
shipping
registry,
I'm
just
going
to
go
through
a
couple
of
examples,
so
sakib
next
slide.
C
So
this
is
an
example
of
some
of
the
real
screens
that
we've
built
as
part
of
the
the
proof
of
trust
scenarios,
and
this
is
about
shipping
registry
and
particularly
in
bermuda
ui.
They
get
high
value
assets
like
this
luxury
motor
yacht
that
we
can
see
in
the
middle
or
it
could
be
container
ships,
so
significant
commercial
assets
and
what
we've
got
on
the
left
hand
side.
This
is
the
application
to
register
a
ship
that
an
individual
would
fill
out.
C
They
put
in
some
of
their
personal
details
and
what
they'd
be
kicking
off
in
this
case
is
that
the
request
to
register
a
ship,
but
the
register
of
a
ship
actually
goes
away
and
does
some
delegate
processes
behind
it
and,
on
the
right
hand,
side
of
the
screen.
We've
got
an
example
delegate
screen.
This
is
a
simple
example
and
what
we've
got
right
in
the
middle,
where
it
says
application
summary,
is
what
we
call
the
killer
question
and
basically,
this
is
saying
someone's
requested
to
register
a
ship
as
a
delegate.
C
Can
you
go
away
and
review
all
of
the
documents
and
either
agree
or
disagree?
So
that's
the
question
that
enables
a
binary
result
and
in
here
we've
got
some
case
attributes.
So
it's
actually
giving
things
like
the
name
of
the
ship,
and
then
it's
got
some
documents
that
will
be
referred
to,
and
in
this
case
it
would
probably
go
to
some
legal
smes.
It
might
go
to
a
shipping
sme.
C
It
would
go
to
some
individuals
that
would
go
and
do
a
survey
of
the
ship
to
make
sure
it
actually
exists.
What
you've
probably
got
is
a
handful
of
people
that
would
all
at
the
same
time,
concurrently
do
their
review.
They
would
answer
the
killer
question
and
then
the
consensus
algorithm
brings
that
all
together
to
get
agreement-
and
in
this
case
the
agreement
would
be
a
successfully
registered
ship
in
the
previous
insurance
case.
The
agreement
might
be.
C
Next
slide's
a
key,
so
revenue
related
fraud
when
we
first
started
building
this
last
summer,
we
started
looking
at
that
carousel
fraud.
So,
as
someone
sells
their
car
or
a
high
value
asset
and
they
ship
it
abroad,
there's
a
lot
of
fraud
where
that's
never
actually
shipped
and
individuals
claim
for
the
vat
on
the
asset
and
it's
totally
fraudulent.
Now
little
did
we
know
that
immediately
after
that
there
would
be
a
myriad
of
different
covid
related
fraud
problems.
C
Things
like
the
coronavirus
job
retention
scheme
in
the
uk,
eat
out
to
help
out
bounce
back
loans.
All
of
them.
There
are
people
that
are
sitting
in
back
offices,
just
trying
to
work
out
how
you
can
defraud
the
revenue
and,
as
keep
says
just
the
one
job
retention
scheme
or
furlough
fraud
is
three
and
a
half
billion
potential
fraud
in
the
uk
and
there's
27
000
cases
that
haven't
been
dealt
with
yet
now
when
you've.
C
Only
got
30
individuals
in
hmrc
that
can
actually
resolve
this
or
in
the
tens
you
actually
need
to
be
able
to
scale
up,
and
what
proof
of
trust
is
doing
is,
first
of
all,
the
traditional
audit
and
legal
services,
smes
providing
a
marketplace
that
can
be
enabled
to
look
at
that
and
the
the
screen
that
sakeed
showed
that
showed
five
delegates
all
looking
at
things.
At
the
same
time,
the
delegates
might
be
legal
smes
from
big
law
firms.
They
might
be
legal
smes
from
smaller
firms.
C
They
might
actually
be
industry
smes,
it
might
be
revenue,
individuals
themselves
that
are
part
of
the
delegate
pool,
but
what
we're
really
doing
is
enabling
scale
we're
providing
experts
and
in
the
insurance
case
you
might
have
some
insurers
that
are
experts
in
one
field
and
not
in
another.
By
having
this
marketplace,
they
can
actually
bring
in
smes
in
the
areas
that
they're
not
involved
in
and
then,
when
you
look
at
what
proof
of
trust
adds
over
and
above
this,
it's
a
scalable
delegate
review
process,
it's
impartial,
it
prevents
collusion.
C
C
You
might
find
that
different
governments
across
different
countries
as
cases
kick
off,
actually
share
their
resources
and
pull
their
resources
using
this
mechanism.
So
it's
repeatable
and
scalable.
You
can
apply
it
to
any
of
the
three
flavors
of
fraud
that
we've
seen
in
the
uk
or
others
globally,
but
then
you
can
provide
it
to
other
revenue,
fraud
scenarios
and
the
the
one
thing
that
really
comes
out.
That's
even
more
added
value
is
the
insight,
visibility
and
metrics
that
you
get
behind
this
next
slide,
sikhi,
so
that
this
is
a
a
simple
screen.
C
It's
some
of
the
real
screens
that
we
enable
in
terms
of
analytics
and
as
the
disputes
are
resolved,
we're
capturing
metadata,
so
we're
capturing
things
like
volumes
and
types
of
disputes,
we're
capturing
things
like
typical
case
outcomes
and,
as
I
said
right
at
the
beginning,
those
typical
case
outcomes
could
be
used.
Even
without
going
into
huge
pools
of
dispute
resolution.
It
could
just
be
used
to
inform
early
resolution
of
the
case
with
an
insurer.
C
B
I
may
just
add
to
that
as
well
kevin.
I
I
think
in
sophisticated
large
commercial
organizations,
there
is
a
continuous
improvement
life
cycle
that
exists
already
and
we're
talking
about.
Well,
how
can
proof
of
trust,
enable
legal
departments
or
legal
services
within
those
organizations
to
improve
and
benefit
from
digitization,
and
that's
specifically,
what
proof
of
trust
is
looking
at?
B
You
can
look
at
a
high-level
aggregate
view
of
all
the
different
types
of
policies
or
contracts
that
you
have
in
place
and
you
can
point
to
specific
clauses
or
potentially
weak
phrases
within
those
clauses
that
lead
to
loss
as
a
result
of
dispute.
So
it's
quite
a
powerful
tool
that
enforces
continuous
improvement
within
organizations.
C
C
C
So
particularly
director
liability
contract
employees
and
then
regulatory
reporting
and
compliance,
and
this
could
both
be
a
class
of
disputes
in
the
government
space.
But
it
can
also
be
built
into
the
business
networks
that
we're
servicing
and
then
we've
talked
about
fraud
and
fraud
prevention,
and
then
it
is
a
new
marketplace
and
channel
for
the
dispute
resolution,
creating
regulation
and
legal
dispute
marketplaces
and
adding
extra
provenance,
because
this
is
all
delivered
with
private
and
permissioned
blockchain
behind
it.
C
B
Just
like
to
thank
everybody
for
their
time
today
and
we'd
welcome
questions
around
proof
of
trust
and
what
it
is
that
we're
doing
nothing
further
to
add.
I
think
kevin
you've
done
a
great
job
of
detailing
some
example
use
cases,
but
I'll
stop
the
share
for
now
and
if
anybody
has
any
questions
after
today,
you
can
always
reach
out
to
us
via
our
email
addresses,
as
shown.
A
C
What
was
quite
interesting
was
their
registry
was
more
erp
in
terms
of
its
source
rather
than
a
ledger,
and
we
used
our
apis
to
simulate
what
they
were
doing
with
their
existing
erp
solution.
Now,
one
of
the
things
that's
interesting
is
the
bermuda
and
government
are
actually
looking
at.
Could
they
use
this
for
other
areas
like
registries
of
airplanes,
and
there
are
the
the
inter-government
dispute?
And
again
we
mentioned
about
presenting
this
to
the
prime
minister.
C
They
are
very
keen
to
use
this
across
government
and
similarly
in
bahrain,
we've
been
talking
to
the
legal
counsel
of
the
royal
family,
because
bahrain
is
a
hotbed
of
blockchain
and
they're.
Looking
at
how
can
they
embed
this
across
processes
for
bahrain
in
terms
of
the
api
being
called
from
multiple
areas?
But
to
answer
your
question,
the
solution
built
ready
to
go.
C
The
only
thing
we
do
each
time
is,
we
tailor
it
to
actually
meet
with
the
immediate
need,
and
we
will
typically
do
that
through
design
thinking
and
a
small
number
of
weeks
of
actually
tailoring
the
this
specific
dispute
and
as
I
showed
in
the
insurance
example,
we
do
that
with
personas,
and
we
can
either
build
a
client
application
or
through
api.
It
can
be
built
into
existing
applications
on
the
client
site.
E
B
We
definitely
feel
there
is
harmony,
there's
huge
amounts
of
synergy
in
what
we're
looking
at
and
what
dsi
is
looking
at
at
the
moment.
We'd
be
delighted
to
engage
with
oswald
and
the
wider
icc
team
on
that
initiative.
Certainly,
as
you
said,
you're
talking
about
global
trade,
it's
about
establishing
jurisdiction.
Certainly
I'm
not
the
lawyer
that
our
our
ceo
dean
armstrong
can
can
talk
more
about
jurisdictional
value.
E
A
C
A
C
So
we've
mentioned
quite
a
lot
about
insights
and
insights
are
things
that
build
over
time.
So
so
you,
the
the
insights,
will
be
low
when
you
first
start,
but
certainly
quickly
as
you're
running
cases
through
it,
the
insights
will
grow
and
you'll
get
a
knowledge
base
of
types
of
case
types
of
fraud.
Now,
in
the
the
covid
examples,
the
the
governments
will
typically
have
their
own
mechanism
for
highlighting
fraud
and
then
they'll
bring
that
to
the
dispute
resolution
process.
C
But
there's
no
reason
why,
over
time,
when
you
learn
from
those
you,
those
insights
can't
be
built
into
ai
and
used
to
actually
do
the
analysis
as
well.
So
that's
certainly
direction
of
travel
and
it's
something
william
that
will
evolve
as
the
proof
of
trust,
service
and
insights
evolve.
So
you've
probably
got
a
view
on
that
as
well.
B
I
would
say:
stay
tuned
around
ai
and
the
use
of
ai.
I
think
what
we're
looking
at
today
is.
You
know
the
future
has
been
all
about
heavy
automation,
but
for
heavy
automation.
We
need
really
precise
information
that
can
only
be
that
can
only
come
from
humans.
I
guess
in
the
legal
services
poor
detection
world.
How
do
we
capture
that
trend
and
I
think,
using
proof
of
trust
internal
network
to
gather,
especially
from
around
the
world,
we're
in
a
prime
position
to
facilitate
that?
B
A
A
B
E
D
B
D
A
D
Okay,
so
actually
there
is
one
consortium
of
the
import
expert
banks
where
the
global
exporting
for
bankruptcy.
I
think
every
country
has
some
kind
of
exporting
input,
bank
called
exam
bank
and
there's
a
consortium
of
the
banks,
and
they,
I
think,
don't
know
what
they
will
play
in
their
trade
finance.
But
currently
we
are
serving
their
trade
finance
and
the
blockchain
kind
of
education,
those
banks,
and
they
would
look.
They
want
to
be
part
of
the
state,
finance,
sig
or
trade
finance
platforms.
D
Yeah,
okay,
I
think
maybe
we'll
have
another
conversation
on
that
camel
because
I
think
that's
definitely
definitely
it's
it's
an
in-depth
discussion
about
where
banks
and
everyone-
and
you
know
I'm
sure-
can
help
you
there
as
well
right.
There's
a
banker
himself
on
on
where
where
they
fit
in,
but
they
you
know
corresponding
banks,
all
kinds
of
different
banks
take
part,
and
this
and
but
in
terms
of
today,
just
ask
asking
you
know
segment
and
kevin.
So
what
what?
What's
so,
if
we
people
want
to
work
with
you,
how
what's
what's
your?
D
What's
your
business
model?
How
are
you
rolling
around
the
world?
You
know
obviously
you're
at
ibm,
so
you
should
be
in
every
country
now,
I'm
joking,
because
you
have
scale
right.
So
how
do
we
work
with
you?
How
do
people
want
to
work
with
you?
What's
the
you
know
how?
How
do
we
engage
go
to
market.
B
I
think
every
client
who
reaches
out
to
us
has
a
slightly
different
tailored
solution,
as
kevin
mentioned,
so
we're
we're
all
about
engaging
and
working
closely
with
our
clients
to
provide
workshops
to
tease
out
what
that
solution
is,
and
then
the
business
model
associated
with
that
differs
depending
on
the
type
of
solution
that
we're
presenting.
Is
it
governmental?
Is
it
commercial?
What
sector
is
it
in?
So
we've
got
multiple
different
types
of
subsets
of
business
model
at
the
moment
and
we're
working
through
all
that
now.
D
Excellent,
you
seem
to
work
with
governments,
so
you're
working
with
you
said
bahrain.
I
heard
I
heard
bermuda
right,
yeah
and
basically
places
that
are
very
keen
on
blockchain.
Is
that
kind
of
like
the
sweet
spot?
You
think
it's
a
big
government
organization
silo
that
have
lots
of
disputes
and
is
that.
B
Yeah,
absolutely
there
are
two
main
focal
areas.
That's
large
organizations
that
struggle
with
you
know
significant
numbers
of
high
value
disputes
and
that
could
be
a
large
banking
organization
or
an
insurer.
As
kevin
is
mentioned,
people
were
struggling
with
huge
amounts
of
liabilities
and
the
encumbrances
of
waiting
for
court
times
and
slow
adr
processes.
That
would
be
one
subset
of
clients
that
we're
interested
in
and
we're
working
with,
and
the
second,
as
you
mentioned,
is
governmental.
Governments
are
highly
sophisticated.
B
They
struggle
with
managing
fraud,
they
have
huge
scaling
issues
when
we
are
impacted
by
things
like
pandemics.
So
proof
of
trust
is
a
solution
designed
to
resolve
a
number
of
different
issues
in
the
governmental
place.
It's
they're
entirely
complex
beasts.
If
you
will,
but
we've
got
a
couple
of
really
solid
products
that
we're
we're
working
with
governments
around
the
world.
C
And
I
think,
if
I
can
build
on
that,
that
there
are
two
aspects
to
the
the
the
the
areas
that
we're
dealing
with,
one
is
digitizing
and
it
was
sakeeb's
for
we.
We
were
talking
about
the
the
use
of
the
term
digitizing
on
the
very
first
slide
and
that's
important,
so
enlightened
countries
or
organizations
that
are
going
through
a
change
where,
by
default
they
might
end
up
with
just
programmers
driving
it
rather
than
the
right
smes.
C
The
other
one
is
about
access
to
justice,
so
particularly
in
either
the
emerging
or
the
fast-moving
economies,
its
economies
with
change.
This
is
a
benefit
because
it
enables
a
larger
marketplace
and,
as
you
probably
gathered,
this
isn't
just
a
technology
solution.
It's
a
way
of
handling
disputes,
that's
a
complete
new
marketplace
and
that's
why
we've
been
working
with
some
of
the
largest
legal
services
players
around
the
globe
to
actually
move
this
forward
and
when
sake
use
the
planets
and
the
the
cosmos
description.
C
Certainly,
the
legal
service
business
network
is
something
that
recognizes
that
this
is
time
for
change,
and
it's
not
so
much
turkeys
and
christmas.
It's
about
being
able
to
provide
a
marketplace
for
the
digital
economy,
whereas
today
it's
very
much
hard
copy
done
by
word
of
mouth
and
that's
not
sustainable
going
forward
and
that
that's
why
some
of
the
countries
that
we
talked
about
are
already
enlightened
and
good
candidates.
D
B
Maybe
there's
an
area
that
we're
actually
looking
at.
I
mean
if
we
look
at
how
elongated
court
processes
can
lead
to
entire
projects
abandonment.
I
mean
we've
all
seen
cities
with
buildings
that
just
aren't
doing
anything
really
and
that
could
be
the
case
of
you
know
things
or
wheels
spinning
in
court.
If
you
will,
I
mean
everybody
needs
a
pragmatic
solution.
They
can
get.
You
know
the
same
rigor,
but
in
a
more
pragmatic
means,
and
that's
what
we're
here
to
do.
So
we
are
looking
at
the
construction
industry
quite
closely.