 Good morning, good afternoon and good evening and welcome to the March 2024 hyper ledger financial markets mortgage subgroup meeting. Before we get started, I would like to express our appreciation to the financial markets, special interest group and the hyper ledger foundation for the ongoing support and making this possible. As I said, I'm already sharing my screen. If you guys can't see it or can't hear it, please let me know and we will try and correct it. As always, please note that this meeting is being recorded and is under the umbrella of the hyper ledger foundation. So we ask that everyone abide by the antitrust policy and code of conduct. The antitrust policy states that we avoid discussions of company specific pricing products and project don't make negative remarks about other companies or products and the code of conduct means that we treat each other with respect, never discriminate and communicate constructively. We fully support hyper ledger's policy of openness, equity, and inclusion. Okay, everyone is welcome in our meetings and this is intended to be an open forum for sharing ideas and having constructed discussion. We'd like to express our appreciation to all the hyper ledger, premium members and general members, some of which are shown on this slide. If you're new, welcome and feel free to introduce yourself in the comments, but if you're lurking and I know I like to work in quite a few of these meetings, that's welcome as well. Here's our agenda for today. We've covered the introduction and next we'll go over some hyper ledger community information. James will then give us an update on the status of blockchain in the mortgage industry. Then Kyle Lee, the CEO from NFTEA dot AI will discuss digital identity and then we'll close with any questions, but feel free to ask questions during the course of this presentation as well. We always cover the slide in each meeting. This is to reinforce that we're all on the same blockchain journey, but we may be at different points along that journey. This is meant to demonstrate the feasibility of blockchain technology through mortgage industry use cases. We want to define potential implementation paths for the mortgage industry and other industries as well. And what does it take for a mortgage company to implement blockchain and how difficult is it? Okay, the next several slides. I always mentioned for those that are new to our group and would like more information, but I will burn through them pretty quickly. Okay, this slide provides link to different resources, the Linux foundation hyper ledger foundation, the wiki for our mortgage subgroup second from the bottom. I highly encourage you to take a look at that. These are great resources for people that are new to the group. They contain meeting notes and recordings for all of our previous sessions and curated articles about blockchain in the mortgage industry and several hundred curated articles. So I think it's a really great resources for you and avail yourself of that. Okay, if you want to access these resources, you will need a Linux ID or an LF ID. This slide walks you through that and there's a video to help you. I also encourage you to get a hyper ledger fabric certification. I think this is very worthwhile. And then lastly, the blockchain training that hyper ledger offers. This is how I got more in depth in the blockchain. It's free. I very valuable. Highly encourage you to take it. And with that, I will turn it over to James Hendrick, who's going to go to the status of blockchain in the mortgage industry. James, take it away. Excellent. Thank you, Marvin. Appreciate the opening today. Welcome, everybody, to the March presentation. You know, today we're talking about identity theft. We're talking about deep fakes. We're talking about a lot that has to do with, you know, a user controlling their information. So as I was doing research for articles, I did find a couple articles relevant to this topic as well as a few others that I'd like to share with you. So Marvin, let's go ahead and jump on to the next slide. So this first article coming out of Quora really starts with the advantages of blockchain and preventing identity theft. So it talks about their traditional things we always hear about decentralized ledger transparency and immutability. But it also talks about a couple other topics. So cryptography and security and how blockchain uses advanced cryptographic techniques to secure data. Each of the transaction details are encrypted talks about self sovereign identity, how blockchain enables the concept of self sovereign identity, allowing individuals to have control over their digital identities. This lets them control how much information is shared and exactly with whom and can dramatically reduce identity theft. And then it also talks about the advantages of zero knowledge proofs and how it allows for verifications of transactions without revealing any underlying personal data. The second part of the article talks about the challenges and limitations and, you know, we hear frequently about scalability are obviously regulatory and legal concerns are high on the radar. But he also talks about privacy concerns. So for some people, the permanent transparent nature of the blockchain ledger, it raises concerns about data privacy and potential for misuse. The technical complexity and adoption barriers that are out there because of the complexity of blockchain technology and AI, the learning curves pose barriers to widespread adoption. And security risks. Well, smart with smart contracts do have vulnerabilities. So for example, they can be exploited by hackers and the decentralized nature of blockchain can make it difficult to rectify such issues once they occur. The second article that we've got is from Nasdaq. It's actually an article and video. It's hosted by Rob Nelson with Craig Sellers, who's the co founder of stablecoin giant tether. And he's also the CEO of self ID self ID is focused on solutions around how identity and data are owned and shared via the blockchain. They discuss a future where individuals own and control their digital identities, focusing on how blockchain technology can assist in authenticating identities amid the rise of AI and deep fakes. Nelson outlines a value proposition in this field, the opportunity for individuals to possess their data monetize it and dictate its usage. Seller adds that he envisions a future where digital signatures validate the origin of content, thus ensuring authenticity. Ultimately, this will lead to a shift in how we perceive and manage our digital selves offering a blueprint for a more controlled digital existence. Marvin moving on to the next slide. You know, these next two articles are touching on some other topics. So we've had a big focus on tokenization over the last year within the financial industry. That's exactly what this blockchain for real estate. It's coming article is about it talks about project chain link, which is built on the ethereum blockchain and it places tamper proof data onto smart contracts. Now it's working on linking real world assets, including real estate. Ultimately, they're looking to achieve an efficient and transparent method for real estate transactions. Swift, which is the international banking systems antiquated transfer system is also moving to the chain link network. Collaborators include bony melon, city and Lloyd's chain link uses zero knowledge proofs to verify real property details. Smart contracts will only exclude transactions will only execute excuse me transactions between verified parties. This ensures people aren't taken in by fraudsters and it's been shown buyers are interested in an NFT market benefiting from reduced closing times. Key title information can also be included in an NFT and chain link includes self updating features. This means an NFT will always hold valid details about the age condition and upgrades of a property, the rental values, the leans and other claims potentially affecting value and the overall sales history. This allows buyers to have knowledge of the property without relying solely on the seller disclosures. Over time, it builds the detailed story of a home's changes throughout the years. And then the last one we have, this is another one I'm kind of excited about, you know, we are an industry that is very paper heavy. On this next article talks about the future of notes and will blockchain rewrite the mortgage narrative. It's an article on LinkedIn from Maurice Cardwell. He discusses a future of mortgage notes written in lines of code on a blockchain. He imagines a secure digital record on the mortgage of the mortgage note accessible to authorized parties, but tamper proof and transparent. All transactions and updates are permanently logged visible to all parties and eliminate the risk of manipulation. He presents the traditional benefits to consider enhanced security, transparency, streamlined processing, improved efficiency. As well, he discusses some of the hurdles including regulatory issues, integration with existing systems, as well as user adoptions. The article concludes, although it's unclear the role blockchain will play in the mortgage note market, its ability to improve security, transparency and efficiency is indisputable. I found this article interesting because in researching for articles this month, I actually found another article very similar topic talking about digital deeds. So I do foresee that we're going to, as we move forward over the next 5, 10 years, there are numerous parties that are working on digitizing all of this paper intensive environment that we've lived in for so many decades. Marvin, moving on to the next slide. Hey, James, quick question on that last article. Can you clarify when you talk mortgage notes? You're talking about securities, not because some of the people that have process mortgages sometimes put notes in the application. And as the mortgage proceeds through the, the, the origination process. So you are talking about securities, not notes within the application. That is absolutely correct. We're actually talking about the physical note security itself. Okay. So for those of you that don't know me, yes, I have processed 1 or 2 loans in my time. That's why I asked. Thanks, Marvin. This last side, this is actually our wiki site. I believe Alma already dropped into a chat the link. So do make a, you know, an effort to click on the link, make it a favorite. As Marvin talked about the LF ID up in the upper right hand corner. There's information exactly on how to set that up by setting yourself up an LF ID. You're actually going to get a couple of things. You're going to get notifications every time we update this. You'll get notifications whenever we add new articles and content as well as notifications for each of the monthly meetings on the left hand side navigation. You'll see the links to our other pages. As I've mentioned, the articles that we talked about today, they're easily accessible on the right hand side of the wiki, but also our previous articles over the last couple of years. You'll find that over on one of the menu options on the left hand side. So if you are looking for additional information, do take a look over there. We've got 100 or more articles out there and then behind the scenes, we've got a good close to 300 or so articles that we have collected over the last several years. So if you're looking for content, information, things to build your justifications or your case scenarios, feel free to reach out. We're happy to assist. Other than that Marvin, I'll pass it over to you for our main presentation. Hey, thank you, James. Next, I would like to introduce Kyle Lee, the CEO of NFTE.ai. Kyle has over 20 years of experience in IT and MBA from UC Berkeley's high school of business and a BA from Mercer University. He has held senior program and product manager positions at some of Silicon Valley's top tier IT companies, including Samsung, Cisco and VMware. Kyle is also a mentor at Metagrow Ventures, where he leverages his blockchain fintech and cybersecurity expertise. So Kyle, take it away. Great. That's Marvin for the introduction. I'm going to share my screen. Marvin, can you give me the permission? Yeah, you should be able to share. Okay, now I could share. Yes. Okay, can you see my screen? Yes. Great. Can you just hand that a bit please? It doesn't take the pulse rate. Okay. What about now? Yeah. Thank you. Great. Okay. It's my pleasure to talk today. In this presentation, I will introduce digital ID with AI and blockchain and my company's crypto wallet, which can be used as a mortgage payment solution. Nipty is Silicon Valley based Web 3 and blockchain technology development company founded in 2022. Okay. This is our agenda today. First, I want to briefly introduce about Nipty AI team and product and jump into the digital ID in the current process problem and proposed solution with blockchain and AI and introduce Nipty's crypto wallet in detail. Our competitive advantage overview and user cases and Q&A session will follow. Please feel free to ask any question. In the meantime, even during my presentation, if you have any questions, please feel free to ask me and we can discuss. Okay. This is my team. My name is Kyle Lee and I'm taking CEO and president role in here. As Marvin introduced, I have over 20 plus years experience in Silicon Valley tech giant started from Adobe, VMware, Samsung and Cisco. Then I started my own business. I started my career as software engineer and changes to R&D leadership team doing corporate business development, strategy development as well. Over to Venice is my CTO and co-founder. We work together at Adobe early 2000 since then we keep in touch each other and we started our own startup business together. He is also like had broad experience in tech giant in Silicon Valley. He started his career as Microsoft, Intel, VMware and other Adobe as well. My real asset is my director of R&D. He's one of the well-known Solana wireless tech and he's the expert in DeFi application development and blockchain in general. Lee Quinn is my product manager. She studied Stanford University engineering and she has a bunch of experience in product management, roadmap development and product marketing in general. My advisors, Nea Bora is my chief legal advisor. We studied Berkeley MBA together. His day job is lawyer. He is working for US Congress as contract lawyer. He is taking care of legal HR compliance and regulation for us. My core is my chief technology advisor. We met at UC Berkeley blockchain developer community. Currently he's working as associate professor at University of Minnesota computer science department. He's one of the most famous blockchain smart contract expert. His specialty is security in distribution system and blockchain smart contract. So his PhD thesis is he's proposing about next generation smart contract language which could replace the current most common smart contract language solidity. Alan Young is my chief strategy advisor. He is kind of the seasoned entrepreneur. He established about seven startup and four startup went to the IPO. He is also XY combinator and Berkeley Skydeck advisor. This is our product portfolio. We released three products so far. The first product was the volunteer voluntary carbon credit e-commerce platform. We actually tokenized actual voluntary carbon credit. So in our platform, the users can buy, sell and trade voluntary carbon credit globally. The second product we released is blockchain NFT. This is played to on fishing game. We tokenized in-game item and we built NFT marketplace for trading among the users. The third product is crypto wallet. Crypto wallet market is kind of saturated at this point. So our this is our kind of competitive advantage and differentiation is voice controlled debt and security UIX improvement. Also we support buy, sell trade of crypto and fiat crypto conversion and international money transfer as well. I want to introduce my wallet in detail later part of this presentation. Okay, mortgage ID verification problems. I'll talk about current challenges in mortgage ID verification. Traditional method is manual document verification, verifying income statement, tax returns by human eyes that is slow and have potential for human error. Also rely on third party services for identity verification is expensive and delays could happen. Also on fraudsters can exploit this method by using policy document or stolen identities. There is a rise of synthetic identity fraud where entirely fictitious identities are created for fraudulent purposes. Please take a look at the data in here. Core logic estimated 0.61% of all mortgage applications which represent roughly one in 164 applications contained indication of fraud. Federal Trade Commission received over 5.39 million reports in 2023 with 45% being fraud and 19% being identity theft. Current mortgage ID verification method are literally with vulnerabilities and inefficiencies. The impact is financial losses and reputational damage. Okay, transforming digital ID with AI and blockchain. Secure and efficient identity verification is crucial in mortgage industry. This presentation explores how AI and blockchain technology revolutionizing digital ID. AI can automatically extract data like income proof and tax returns, saving time and reducing errors. AI algorithms can analyze document for authenticity, identifying potential frauds or manipulations. AI provides seamless identity verification. Secure facial recognition technology and visual processing can verify a customer's identity instantly. Simply scan customer space with your camera and compare it to customer provide government ID. Blockchain is also the secure part. Blockchain stores data securely on a shared network making it temporal proof. This technology significantly reduces the risk of altering identity information and keep integrity of the user data. AI empowers individuals. As James mentioned about SSI, self-solving identity means customers can control their own data. With SSI, customers hold their verified credentials and share them securely with institutions like bank, eliminating the need for centralized storage. In conclusion, AI and blockchain offer a powerful combination for building a secure and user-friendly digital identity ecosystem. This paves the way for a future of faster, more reliable and trustworthy online interactions. Digital ID benefit. Digital ID, hauled by AI and blockchain, makes a faster, more secure loan application process. Let's explore the key benefit for both institutions and borrowers. Enhanced security. AI checks document and facial recognition ensures applications are genuine, significantly reducing fraudulent activity. Blockchain technology creates a secure, temporal record of user identity, minimizing the risk of data breaches. Streamlining process is also important in here. AI automatically document verification, free of resources, and speed of loan processing, reduce manual work dramatically. Loan origination system integrated with AI and blockchain allow a smooth and efficient application journey. Improved customer experience. AI and streamlined process lead to quicker loan decisions, avoiding lengthy wait times and faster and more accurate approval is possible. Securely verifying a customer identity through mobile apps or online calls, eliminate the need for physical visits that are convenient for customers. Reduced cost. Faster processing translates to cost savings for institutions. Implementing a secure and efficient digital ID system leads to long-term cost reduction. In conclusion, digital ID, hauled by AI and blockchain, unlocks a future of secure, efficient, and customer-centric loan processes. This benefit both institutions and borrowers, paving the way for more streamlined financial experience. By the way, any questions so far? Okay, this is kind of the quick summary. Think about how AI and blockchain can be used for whole mortgage processing. Even James talked about the real estate tokenization. Even stop there, even before starting the real estate tokenization. A lot of like end-to-end mortgage processing can be improved by AI and blockchain. This is kind of the categorized features. AI-powered underwriting, automated document verification, and personalized loan options. Now everyone is talking about the generative AI and customizable AI. Personalized loan options is available with those technologies. And enhanced fraud detection, improved transparency, and streamlined communication. AI and blockchain can help all those areas. And the most important thing is the last column challenge. User privacy protection and responsible AI algorithm is key to be used in mortgage. There is an emerging trend to regulate AI usage. AI algorithm must be transparent, accountable, and required human oversight before deployment. Okay, this slide suggests about basic steps, how you guys can start or adopt AI and blockchain for your mortgage approval. The future of mortgage approval lies in leveraging AI and blockchain technology. Let's explore a practical roadmap for successful adoption. Gradual integration is the key. Start with existing tools. Integrate pre-existing AI solutions like pre-qualification tools and checkbox to streamline initial stage. Seek expert partners. Collaborate with established AI firms for advanced data analysis and tailor AI models specifically for your lending data. The next step is strategic pilot. Focus approach is needed in here. You can begin with pilot project targeting specific area like document verification using blockchain. Also collaboration is key. Consider joint pilot project with other lenders to share cost and gain collective expertise. Building internal capacity is needed. Train your step on the fundamental of AI and blockchain technology. Knowledge is power. Hire data scientists or partners with consulting firms to develop a strategic roadmap for successful implementation. Security and compliance is always your priority. Implement robust data security protocols to safeguard sensitive user information. You should clearly communicate data privacy practice with your client and ensure compliance with all relevant regulations. Transparency is the key. I think you guys are familiar with the user data protection and privacy prevention globally in GDPR, CCPA and all others that definitely apply to this area as well. So when you consider to adopt the AI and blockchain technology for your mortgage, please consider and design comply with all those global user privacy protection. By following these steps, institutions can pave the way for secure, efficient and future for more visual process powered by AI and blockchain. This is the last slide about the AI and blockchain for user identity. And now I jump to my product. Speak is. Speak is is patent protected and world first voice controlled crypto wallet. And our mission is to create the world's first voice control wallet prioritizing both security and user experience. Traditional crypto wallet often are prison huddles like conflicts, private key and test praise management. Remembering and safeguarding these credentials can be cumbersome and out of front. Security concerns existing solutions might be vulnerable to breaches or unauthorized access. Our voice controlled wallet offers a compelling value proposition. The first, enhanced security, we leverage voice biometric as a unique user ID and password, adding an extra layer of protection. To report this user experience control your crypto asset through simple voice command streamlining in action and eliminating the need to manage complex credential AI and machine integration. We integrate those technology. This are even more boost our security and potentially personalized personalized user experience. Okay, and then a question that I have personally and I think that this is maybe too basic of a question but as my voice changes throughout the day or if I'm ill in how does your solution. Identify that or make sure that that voice is still me, even though maybe I have a head cold or pulmonary issues. Can you speak to that a little bit. Different machine learning algorithm is trained to identify that, for example, we develop our solution at the end of the COVID. So we actually tested one of our engineer got COVID and we tested whether our system can understand what it passed. So just think about the facial recognition and also fingerprint. When you register your fingerprint, it asks about 10 different way like this, this, this, that and they train same voice capture we capture the voice and analyze it and smaller set and based on that we train, even based on health condition or background noise. We train our system to understand whether the user is same or not. Marvin, that was a great question because I often wonder the exact same thing, using the exact same sample if you're sick, you know, and you sound different. I get these really bad chest colds. You know, how does that have an impact so thank you for asking that and Kyle answering that. Kyle, I actually did have a question based on something you said on the last slide. So I personally I'm fascinated by the SSI concept and the fact that individuals can manage and control all their data. I guess the question I have is you mentioned that that biometric voice data is stored on your secure AWS servers. The user of speak ease have access to that as well. For example, if I wanted to delete my speak ease account. Can I go in and delete that voice biometric data that you're retaining on me. That's really good question. Think about the one of the CCPA and GDPR requirement, give 100% control to users data. If user request, I must delete in AWS and the reason we store everything like by design. So when you design our product there, there are two options to store users voice biometric sample data. The first option. We store in secure location in device or we store in AWS to options available each as pros and cons and the reason we didn't choose using device storage is hacking case. What if someone take your device and hacking your voice biometric data and what if I then try to log in our system that would be more problems. So that's why we took users voice sample biometric data and encrypted and using encrypted data transport and we store in AWS and encrypted and also password protected there. In the meantime, you no longer use our service and if you want to delete your voice biometric data, we definitely delete your data. Excellent. Thank you. No problem. Okay. Next slide is about the slide. Yes, this explain about our UI UX design principle. Our user interface and user experience design prioritize a serious brand of voice and graphical element voice UI is the primary interface voice command take center stage offering an intuitive and natural way to enact with the crypto wallet graphical UI is reliable, a user friendly graphical interface server as a secondary option, ensuring consistent access, even in situations where voice recognition might be unavailable. This combined approach provide flexibility. User can choose their preferred mode of inaction voice or great graphical based on their needs and preferences, even if voice recognition encounter limitations, the graphical UI ensure continue continued functionality intuitive transition. The system allows for effortless switching between voice and graphical UI, promoting a smooth user experience by incorporating both voice and graphical UI in element we aim to increase accessibility and enhance user satisfaction. This design philosophy fosters a redundant, reliable and intuitive user experience, empowering users to manage their crypto asset through the method that best suit them. In summary, using our crypto wallet 100% functionality, either voice UI, graphical UI, or combination that's available in our app. Okay, this slide is talking about like the core technology underneath our application. Speedy's level is the power of cutting edge technology to deliver a robust and user friendly crypto management experience. AI, our system utilize natural language processing to understand the user's intent behind their voice command. SWAM intelligence is inspired by collective intelligence in nature. Our intention recognition engine disciples the user's underlying goal and execute the most appropriate action. We leveraged machine learning for enhanced security. We acknowledge the potential threat of unauthorized access through deepfake. To combat this, Speedy's integrate MIT's f-banknet acoustic modeling, powerful convolutional neural network algorithm trained to identify and prevent unauthorized login attempt using deepfake technology. Speedy's integration offers secure and streamlined experience, leveraging the inherent security of blockchain. Speedy's ensures the safe storage of user's cryptocurrency. Smart contract automate agreement and streamline various processes within the wallet, creating a seamless workflow. Speedy's goes beyond a simple voice control wallet. It harnesses the power of AI, machine learning, and weaponry to deliver a secure, streamlined, and convenient platform for managing users' digital access. Summary of the competitive advantage. We provide hands-free mobility, seamless user experience, enhanced security, and comprehensive financial services. Okay, this is the actual demo. I'm going to switch the sharing environment to show you the demo with audio. Give me just a second. Welcome to Speedy's. Speedy's is an app that brings a new level of convenience to managing your crypto asset. Through this short video, we'll show you some features. Let's begin. Feature 1. Voice registration. Our voice authentication system leverages cutting-edge machine learning algorithms to effectively detect and prevent fraudulent voice login attempts. Feature 2. Voice login. Voice login determines whether it's you or not based on your voice. If the app confirms that it's your voice during the login process, you will be granted access. Feature 3. Check balance. If you say, show balances, you can check your balances. Currently, our wallet supports Binance, Bitcoin, Ethereum, Solana, and Clay. Feature 4. Send crypto. You can send crypto by voice. I'll show you how to send 11 Clay to a user called Alex as a command. Send Alex Clay 11 Review Confirm You can download Speedy's by scanning the QR code. If you want to know more about the Speedy's, please visit our website. Thank you for watching this video. Question about the actual demo? We just screen-metcoded, so the actual video is showing how our product is actually working. That was a great demo, Kyle. Can you post a link to that YouTube video in the chat? And when we post the recording of this, we'll share it on our wiki as well. One of the questions that I have is what I really like about your application is if I were to use that, it's one more password that I don't need to remember. It uses my voice authentication. So can you talk about has this application been integrated with any other applications or would you be able to do that? The business case or the scenario that comes to my mind immediately is I have parents that are elderly that struggle with mobile applications, different types of applications and authenticating themselves. You don't know how many times my parents have called me and said, what's my password again? So how would I be able to use something like this or would they be able to use something like this to simplify authentication, not just for their crypto wallet, but other uses as well? Okay, I can tell you about our actual experience. When we designed this authentication system, there was like some kind of argument and controversial inside of our design team and engineering team. So several options is available. So always like we should pick the best option which fit with our situation. So first we implemented this voice user ID and password only then when I talk to investors and other partners, they show some concerning about some kind of some error or inaccurate or background noise when using the user ID and password. So that's why we implemented the traditional user ID and password as like the secondary or supplemental solution as well. Then everything changed dramatically after we integrate with the third party, as I told you about, Trenjek is a strategically important partner. We do KYC, AMR and all actual fiat to crypto, fiat conversion is happening by crypto. Then, like, so our workflow is, Marvin, assume you are using our biggest application and with simple like the voice user ID password you passed. And if you do real kind of meaningful activity by crypto, send crypto, send crypto, actually you connect to the Trenjek and Trenjek is asking another layer of user ID. They are on user ID and password. You must register their system as well. So anyway, it's kind of the already multifactor authentication, right? So that's why we don't speak is user ID password authentication isn't all 100%. There is another system user ID password. So that's why we stopped there just simple voice ID and password for us. And if the situation changed, if we take care of all KYC, AMR and actual transaction by ourselves, I want to implement differently. For example, multifactor authentication that would be must happen in here. So based on situation, it could be flexible. Okay, great. Thank you. I'd like to open it up to everyone else on the call. I know James and I have been asking questions. If their attendees have any questions of Kyle or any additional comments, we do still have a couple minutes on this call. Please feel free. You know, we're waiting for that. Kyle, I do have a question. So what do you foresee is your biggest challenge going forward? Is it adoption by the consumer by companies? Is it, you know, the concerns of AI and what the future can hold? What do you see from your chair, Kyle? I think the biggest challenge in decentralized crypto wallet or even crypto industry in general is trust. Since so many dirty and bad things happened since 2022 fdx scandal and telephone like dog one. Many people kind of assumed about people who is working for crypto is a lot of like the liar's fake and everyone just so trust is the most important problem. Not only crypto wallet, but also crypto industry in general. And big turning point actually happened this January when SEC approved about spot Bitcoin. That changed the people's mindset dramatically. Oh, crypto is approved by SEC and US government, Fidelity and a lot of like the institutional fund now by crypto and Bitcoin. I think is I think the most important turning point of the crypto kind of the industry in general, like people start now slowly adapting and trust crypto industry in general as well. In the meantime, challenge for entering this or launch and expand the business is like the, this is bill B2C model. There are like a lot of competition is one of the issue and also still like the technical barrier is the biggest challenge like crypto and blockchain itself is decentralized. So that's why back to the our original compensation custodial wallet, non custodial wallet, the big benefit of non custodial wallet is centralized exchange like fdx or Coinbase. Hold your private key, and they provide us ID and password so even if you lost your user ID and password, they can retrieve for you. It's big advantage of the centralized exchange decentralized exchange like us. You have your own private key you lost it done all your cryptocurrency is gone. So those kind of technical gap is still kind of the big barrier, while people entering to the crypto market and cryptocurrency. So there are, there are a lot of alternative solution is available. For example, a cold one, hardware wallet, so you can safely store your passphrase and private key to your hardware device. Then even, even if you lost your private key, the private key is stored in your hardware or save cloud storage. If you have your iCloud or Google workspace. There is option you can save your passphrase there. That kind of is kind of in general web 2 to web 3 transition technical barrier is kind of the big challenge. That was a great question. James. Do we have any other questions for Kyle. I think this species is a really interesting product and I will hopefully people out there will download the demo take a look at it and Kyle, do we have your contact information. Did you want to share your email in case people want to reach out to you directly. Absolutely. Actually, this isn't the last slide. So, okay, great. The last slide has the contact information in here. There's my email so you can contact me anytime. And also, I want to briefly mention about our product status we have three different seed of the product. The first product is end to end crypto wallet solution that designed for centralized and decentralized crypto service provider. And in the meantime, like voltage industry may be interested about the voice authentication and low end system only if you want to enhance the security and streamline your low end experience. And also, if you have any idea or any question, or did consulting about adopting AI blockchain, or we are very interested about the real estate tokenization as well. So, question people to contact me so I'm more than happy to discuss and provide any kind of technical advice. Great, Kyle. Thank you for joining us. We definitely appreciate it. And thank you for sharing your contact information yet. I was going to ask you to share that slide again. If anyone has any questions regarding speakies or NFTE please reach out to Kyle. And again, thank you for joining. I think this is the end of our presentation. If anyone else has any questions for Kyle, James or myself. Kyle, thank you for coming and presenting today. It was some great information. Appreciate it. Thank you. Thanks. Hey, thanks everyone. We timed this pretty well. You get two minutes back to your day. Have a good day, everyone.