 My name is Karl Selig. I founded a company which is in blockchain technology, ChainBLX. We just started the company this year and before this I was a CEO of a telecom called Rain Plus which now I changed to the blockchain. Great. Do you mind if I ask, what made you decide to start going into the blockchain industry? I was listening to technology during the developed products in telecom and I was really interested in this technology. Further inspection of this technology was showing me opportunities which are outside crypto currencies which is really interesting. Very cool. How do you think that blockchain is going to further develop and grow and have an impact in 2018? I think we will see a lot of things in blockchain. We will see a lot of launches of crypto currencies but we will also see other things like launches in Internet of Things where blockchain will be used. We will see it most likely in different applications in the medical field where we see that blockchain will be used for example for pharmacies, for prescription and so on. So I think it's a new thing. It's just like it was before. Internet, then it was voice over the Internet. Now it's blockchain over the Internet. Do you think that crypto currencies volatility and reputation and all of the rhetoric around it actually hurt the development of blockchain or do you think it's a force of good that sort of pushes it forward? Everyone is in the same boat and from a marketing perspective everyone involved in the blockchain right now takes advantage of the boom in the crypto currencies. So everyone tries also when it's far away and just a little part of the business to say I'm involved in blockchain just to take advantage of what the crypto currencies right now do. But doing this has also a negative thing. When the crypto currencies would crash so will also all the other stocks go down in the blockchain. So it's really important right now for everyone involved in the blockchain to have a strategy what will happen when there would be basically a deprivation of the crypto currencies. And do you think that's going to happen? There is always a market adjustment. Internet stocks went also down in 2000 and we make now more money over the whole Internet than we did ever before. So when I'm a pessimist and I say yeah one day the stock market will crash I'm surely right. And of course one day the world will also end. Thank you very much for talking with us.