 You're probably familiar with decentralized credentials. You most likely have one of those in your wallet or one or more of them. They are physical identity systems where there are issuers of those credentials who give you a card or a driver's license, a passport, medical insurance identity card. Those types of things allow you to have in your possession something that is a transfer of knowledge from the issuer to you. And then you can present that information to businesses to say, yes, I am a trustworthy resident of the state. Therefore, allow me to purchase this because I'm old enough. I can show you because it's on my driver's license, you trust the driver's license because it mostly is not hackable or it takes a fair amount of effort to hack my driver's license and therefore you trust that the information has been reliably delivered. Decentralized identity systems, they work in a manner that's very similar to physical credentials. Instead of having a piece of plastic that has a logo or something in Boston or a hologram on it to help add trust to it, they come with cryptography and a digital mechanism for transferring that information securely. One of the neat aspects of it is that the holder of the credential is still the person in charge of taking that data from a trusted issuer, holding it and then presenting it in some fashion to a business or to someone else who needs to verify that information. Indicio has set up a system of verifiable credentials based on the Hyperledger Indie code base. Hyperledger Indie is the original source of the model that Sovereign uses. It's the model for a number of other ledgers as well, but that code base has a purpose built ledger and associated technology stack that goes with it to support these decentralized credentials. In terms of the code architecture, the Indie Hyperledger Indie plugins exist with Indie Node and Plenum performing the basic backbone work of the ledger, the cryptography library supporting all of the components that need cryptography and other projects that support it. On the agent side of the stack, you have an Indie resolver that knows how to talk to the ledger. You have the SDK that allows for higher level functions to be built, such as building a credential. You have the different agent, the Hyperledger Aries agents, and then there's apps that are built on top of those agents, both enterprise and mobile apps. When you look at where the standards efforts are in decentralized identity and what's happening there, the most active community and the most successful community is built around Hyperledger. It has the largest number of contributors. I think we're in the 250 range of number of contributors on the Aries, Ursa, and Indie projects. These are all related and help put together the functionality that you need to have a full stack of interoperable agents and be able to issue, hold, and verify credentials in a very secure way. The Aries and Ursa solution support zero knowledge methods, including selective disclosure, predicate proofs. Predicate proofs are where you say, show that my age is greater than 21. I don't have to reveal my age, but I can use a predicate style, a comparison to show that either a number is greater than another number or within a certain range. You think what markets might be benefiting from this? I put in a list of four of them that I think are heavily impacted, but every single market that has some type of identity in it, every website will probably be affected. The benefits are the user control of identity, that strong verification of it and the cryptography that's involved with it. It cuts down on the fraud and in the financial markets alone, this is a sufficient to warrant the deployment of these decentralized identities, to cut down on the massive expenses that are put toward avoiding fraud and remediating fraud once it's occurred.