 Good morning. Good morning. Good morning. What a great opportunity is to be here with all of you and really kick off the energy around This year's hyperledger forum I am excited to be back in person and energized by the member summit yesterday and all of the incredible discussions that were already happening It's been a long time Daniel since our moments at in Phoenix for sure So it's fantastic to be here, and we've got a really interesting topic to kick us off around the metaverse and why it matters to blockchain leaders I had lots of sidebar discussions yesterday about kind of how this trend is emerging Trends have changed in the last few years since we've gotten together And this is one of those trends that I talked about everywhere and understood very little so in a very short amount of time I'm going to give you a little bit about how we think about the metaverse And how it will matter to you and as Daniela said as our eccentric colleagues There's many of us around so there'll be lots more sessions throughout throughout the week to have discussions and add further questions and commentary But really what what is the metaverse the metaverse will impact? everything we do from consumers to enterprises to your Actually, how you manage your business to the products that you buy as they're becoming more and more digital first Products to how you make your products think about digital twins and immersive experiences We are seeing and payments how you pay for things and how this comes together The metaverse as a whole is really defining the next evolution of the internet We've been going through many evolutions and it's a special moment as we as we look at this moment in time So as I think about this trend why why it matters there are two key foundational points to it The internet of place and the internet of ownership So within the internet of place many of you when you think of the metaverse of visual immersive experiences, right? this is Really how we connect and how we collaborate in immersive experiences from augmented reality to Headsets and to 3d experiences that are bringing together new in immersive ways to think about How we experience each other the technology has been here a long time. It's hitting a moment where it's becoming more exposed The board and more accessible with 5g and trends that are that are moving across the board We've got just the if you think of the evolution of the internet we've gone from Like static moments of just reading content of the internet, right? I started my career early and I remember in the afternoon I'd like refresh the news site and be like is there something to read Like the news site just to have my afternoon break and then the internet evolved, right? It became social There's a great time hashtag forum go post something about your experience and what you want to learn this week But that the internet became social and we experienced things together the creator economy Flourished across the board and those I think moments coming together are creating this need for us to wanna the yearn to collaborate and to be together again And in that being together again We've seen just the rise of experiences where we have for multiplayer gaming now to environments where we We've actually launched an onboarding process in which We've handed out headsets and and brought people through an immersive collaborative space through our hiring process So people during the pandemic who are just getting a new computer and a laptop in the mail to start now can meet In the metaverse and have social conversations with spatial audio connect to each other not just listen to a Presentation but network and get to know each other much like you guys will wander and whisper in the hallways and have Conversations in one-on-one It is becoming much much more accessible. So as you think of the internet of place, it is a shared experience We don't log into a brand's website today and say who else is shopping, right? But in this idea of becoming in these immersive retail shops that we can start to create community and harness Community and community that will continue to grow and to yearn together and meet that need that we've missed But really the other trend that's interesting to all of you is blockchain leaders I've been in the blockchain space since 2015 and It's been an evolution the Internet of ownership is really changing the way in which we think of engaging with data the way in which we engage with kind of things across the board as We you know think back to the beginning of you know the 2008 white paper where the Decentralization of everything to solve a double-spend problem created a moment right a moment in which you People started to engage as we all have in different open-source communities Around engaging in how can I participate in this movement? It created a whole new product category, which is why many of you are here here in the room But that has continued evolved the next decade right has Driven this idea of the tokenization of everything and if you can take the tokenization of everything and bring it together With with this movement. We're seeing that together to bring the Internet of place and the Internet of ownership together To create the Metaverse and so I'm gonna give you a couple of examples Around this that kind of bring this convergence together and and we call it a continuum The Metaverse is continuum because there is not like you're not going to get to this endpoint and be like ta-da the Metaverse is here It's an evolution of adding together features and functions that are creating and unlocking and completely unprecedented unprecedented new experiences So imagine the track and trace farm to fork use case that we've all heard about in provenance and blockchain And take that farm Create a digital representation of the farm go virtually visit the farm and realize that the First-mile problem is just as hard as the last mile problem in any supply chain Right I sit in supply chain discussions all the time and we're going to build these networks Nobody really understands the infrastructure right in the first mile from the farm in some part of the world Has a different technology foot in the rest of the world you move from there and then you go to a Distribution center today if you visit a distribution center you walk down the aisles, you know exactly How much shelf space a competitor has but in blockchain networks? We've now privatized all that right so I can see the pieces I see what you see But I only see what I want you to see right we've got these concepts imagine a virtual tour of A distribution center that's driven by data and real-time information Overlaying in this experience. You only show them what you want to show them And then you imagine kind of fast-forwarding through to there's a supply chain disruption we've got The ability now to come together in a command center and Collaborate over the data and information that all of you have been putting together in these shared networks across an end-tier supply chain And so you create this entirely new way of like how can we take what all of you are already doing and bring it together in Room to collaborate around it right and so that's what we think the next generation of internet. It's it's interesting It's commerce it's pieces of experiences But it's also then bringing together that ownership and information and data sharing layer that brings an entirely new piece together We see the same trend in immersive learning right so we we can learn 90% of executives believe that their Learning platforms need to be improved And they're ready for kind of a regeneration of that so how can we immersively teach? But then why aren't we offering credentials that are verifiable across these communities right across connect of the use cases We're seeing in the metaverse to what all of you are doing is everywhere If you think of the shopping experience in the metaverse at if you're going to buy something you need a payment reel you need to know who your shoppers are and Be able to offer digital tokens and carry them forward the whole you know explosion of different wallet solutions Well imagine having you know your wallet contain your identity your credentials your tokens and You know the the whole kind of breadth and depth of what you can do and and bring that into a shared Persistence space together so the technology that all of you are doing and driving the hyper ledger foundation It's coming together and it's going to make the features and functions of the metaverse So much more meaningful than I saw something in three dimensions or I experienced something in new ways And so whether you are a skeptic or you are early adopters and working on some metaverse use cases this this space needs and People like yourselves who understand is your environment or your use case highly governed or loosely governed all the Information you guys have about how to work with networks how to engage a community and how to grow is absolutely an Evolution of what we're seeing from the you know traditional consortium building discussions You'll hear this week to building a responsible metaverse that is safe and secure and provides You know inclusivity and diversity at its core as we build this going forward So you have lots more to hear about it But I think all of you have made an incredible decision to do to be here and you're part of a movement Right open source has moved so much of this forward And I'm so excited to fast forward in a couple years to see what new projects did this week inspire in the hyper ledger Foundation that create new use cases the merge together all of the features and functions that we're Starting to see and expect from our clients in the metaverse so I just you know encourage all of you to Take a moment and really in be inspired about being part of this movement as you move forward But the metaverse is a continuum it is evolving It's like the race to digital right it will continue to evolve and have lots of different things and all of you will Be at the heart of it as it continues to expand in its scope So I just thank you all for your time today enjoy