 Welcome to JSA TV the newsroom for tech and telecom professionals. I'm Jamie Scott of Kataya of JSA and Here joining me at telecom exchange LA in Beverly Hills my good friend mr. Mayande Walker He's the CEO of course of open crypto trust or open CT Mayande welcome to JSA TV. Thank you so much for having me I've been having so much fun. It's been really great. It's been such a great conference you being a key speaker we so appreciate you flying in for this and and We had a really thought-provoking Roundtable on blockchain. So tell our viewers if they're new to blockchain technology What if a core top three fundamentals if you will of blockchain? Sure, so I'm gonna keep it really simple but basically it's about Storage of digital records or of transactions on a ledger distributed ledger It's also about exchange of digital assets And it's also about execution of contracts smart contracts. I love that storage Exchange and execution. Got it. Very simple. What are the key principles of blockchain that would benefit the telecom industry though? So typically within the telecom industry, there's a lot of thought about things like identity management back-end billing process efficiencies But we're kind of lucky because our development team actually has modified the blockchain protocol itself in order to provide greater efficiency and security even within the transport of data and then for open crypto trust open CT your company What are you doing to help the telco industry? so We have developed these two killer applications that actually focus on Very specific industry problems very specific telco industry problems One of those killer applications is called bat blockchain as a transport and with this application We are able to securitize internet pipes and to Find a very efficient way to transport data leveraging the public internet in a very secure way So blockchain as a transport bad. I love that We also developed another application called BD Wan and this is really very exciting because it's the holy grail in fact of What we are looking to achieve which is really a way in which we can change the way that bandwidth is sold So ultimately through two mechanisms. We have these very cool Optical switches that take predictive measures of applications and can build up channels and tear them down as needed And then at the same time we have these smart contracts that allow us to Essentially charge customers for the bandwidth that they use so it's like bandwidth on demand Which is very different from what happens today. Wow, so blockchain defined wide area networks Making sure you're able to be flexible enough to build them up tear them down within milliseconds Yes real time near real-time provisioning in a matter of hours as opposed to months So it's really very exciting stuff and I also understand maybe this is a JSA TV exclusive Hold up. Hold up. I understand you have some exciting developments underway Can you give us a sneak peek of what news you have coming down the pipe? Absolutely So we've just recently signed a deal with a major subsea carrier and Well, it's njfx and we're very excited to be partnered with njfx particularly because They will be a very important hub for us in terms of our Efforts towards connecting to major carriers all over the world So that's a very exciting thing for us and it's going to really kind of Allow us to interconnect with other Global carriers and so we're very excited about it njfx New Jersey fiber exchange sitting down there in wall township New Jersey critical critical spot because there's so many subsea cables like Tata coming right in from the Atlantic and he Gail and friends at njfx are sitting on quite quite an operation there their data center their cable landing station phenomenal So having this blockchain technology available to the njfx consumers Yes, yes, so that's another very exciting aspect aside from being able to support our own backbone the ability to Interface with njfx customers and provide these Blockchain telco applications is a very exciting aspect Here you got it. That's a jsa TV exclusive guys I'm sure there'll be a press release coming up quickly if I know if I know the team behind it, which I think I do And we look forward to to learning more Mayande, it is such a pleasure always to have you here. Thank you. Thank you so much for having me really Of course, and and thank you viewers for tuning in to jsa TV. Happy networking