Monolith

[Music] I think so on top of aetherium this trust computer we've built something which is the only long custodial visa debit card in the world so you can have something which you can go into a shop and buy things to use is the only non-custodial wanted to Visa debit card in the world so you hold anything which is based on the theorem and you can spend it in the real world and I can't touch your tokens and that's and you don't even have to trust me when I say this and this is what's made me super excited about the space and the same energy you can go have a look and lots of people have looked at her and please look and comment so it's an ethereal native product we only do it there in and just to be clear we're a centralized business trying to offer a noncustodial services to users I think my hope in the next year will be able to suck off I'll be able to take my summary in dollar in gold if we're going to build a noncustodial banking replacement I think one thing which is important there one thing which kind of hits me up about the banking world right now this is concept of participation I believe bankers in their incentives the direct opposite to my incentive models what makes them rich makes me poorer as a banking customer to be believed in participation we have a token we we're in early token raise one percent of all usage of our platform goes into our token and this is exactly what we've promised our white paper delivery so as you use our card or token gets backed by at the moment Eve by digits dgg it's been live in the iOS App Store now for I don't know a couple of months and I think Android people can use and try to value my confirmation everyone has skin in the game it was very interesting to me I think this is something which this concept of digital disruption so this is some really bad by some one largest taxi company no taxis largest accommodation provided no accommodation on their books Alibaba Facebook creates no content no bones no cinemas and I think what if the future Bank multi-point assets so what we've ended up building we were we're a uk-based company we went through the SEO sandbox that's our regulator we just presented our final reports of the FCA last week and we have to keep going with the FCA so is the FCA sample for no this is us as a company were in the sub box it was actually yeah and without the other side of it now so just to be clear on it or crypto why don't we have no access rights due at the London the product there's a feel balance which is held within a regulated Bank and that is custodial that's a bank so if you top up and put 200 pounds of it and use it that's living with a bank we have a model now and then implementation zero balance card which these have told us that as long as your regulators happy it's what kind of chicken bed but we're working towards having a zero balance table with no custodial access at all and that's kind of exciting and I guess at a high level we don't challenge your fine which and an ethereal project and that's really hard work you have to interact with on one side the visa network which has a center pcs I see the other side we've got if they're in which is this eventually consistent database and that's really interesting we've had to build our own kind of alternative truffle and go yeah we've got a customer service team in order to make these are happy we've have to go through serious and due diligence on all sides I think taking and and I see a business and getting visa to unboard us in the FCAT be happy with us and thicken a lot compliance work lots lots of learnings there because yeah the gif and parity agility some RPC just wouldn't do today and I can talk about that later anyone cares yeah lots of kind of complaint stuff storage and I don't come from a banking or compliance background so I think I think within the next year or so I'll be able to suck off my bank and I'll be able to take a virtual shortcode bank account Iban receive that as an API call realized that in some sort of digital asset which you own and that's kind of cool we're getting there slowly so I own products coming out tap integrations become really easy for us and loads of people are paving the way there for this I think as it stands where our contract wallet so interacting with other ducks like kickback we need to you know we need people like mother connect diagram and water connects and petrol put together in the IP there to make the identity on if they're in that's to be your contract wallet not us only own address so we're working on that I think I like the aesthetic protocol guys I think private transactions are some things we are very interested in thank you I think the privacy posted protocols something else which I'm quite interested in more networking level and I guess self swapping identity I want to get with people there the current FCA Sun box on Fido is pushing a self stopping identity piece with the consensus team of you poor I think there's the item three guys with Jordi a building with similar things and I'm trying to find a way where I can minimize access to my users data as well so for me the Holy Grail would be you know access to my users funds and not having to build this phantom user data and be able to kind of build on top of data which is held by someone else trying to get the regulator over that hump it's gonna be hard so at the moment we live in the entire VA today [Music]