 Hi Rohin, nice to see you. Good morning everyone, we are waiting for one more panelist, we'll get started in a couple of minutes. I think, hi Tanvi, did you join? I think you joined via Doroti ID. In that case we can probably get started. I think we can ask her first to rename or maybe, hi Tanvi. Tanvi, could you hear us? I don't see Tanvi. I think she might have joined with Doroti ID. Okay, he will probably get started in the meantime. Okay, we'll probably get started. We are four minutes into the session. Hello, hello everyone, good morning, good afternoon and good evening. A very warm welcome to our Hyperledger India chapter hosted event. So we are proud to announce that this is the third time we are conducting a session on celebrating exceptional women who are in blockchain technology space. And today we have with us an esteemed panel. And this panel will be moderated by Daniella. You might already know her. So she is executive director at the Hyperledger Foundation and she's also general manager for blockchain and identity at the Linux Foundation. And then we have Anna Gostin, so is co-founder at Animo Solutions. And we are then joining by Tanvi who is founder and CEO at Policy 4.0. And then we have Rohini Trehan, who is a senior leader from Infosys. And then we have Shilpa Soodh who is general manager at HCL Technologies. So now we'll get this started, we'll get this started. So to you, Daniella. Well, thank you Arun for hosting this very special season three of Women in Blockchain. And thank you to the Hyperledger India chapter for continuously being champions, not only in enterprise blockchain, but also in making sure that our Hyperledger global community continues to be a diverse place for anyone to participate in that all are welcome. We're excited today to be dialing in or zooming in, I guess from San Francisco, California where it's Friday night at 10pm. And our panelists are also dialing in from all over the world and we'll give everybody a chance to introduce themselves and to tell us a little bit about the work that they do. Today, we're going to have a discussion really around three key topics. First one is blockchain for social good. What have we been seeing in the market and where are the initiatives that the audience should understand that blockchain is making an impact in. We're also going to talk a bit about digital assets and CBDC, so central bank digital currencies, as well as regulations, how is regulations really moving the market and really affecting the work that every single one of us does for our companies for our customers and for our communities as well. And then we'll talk a bit about the industry transformation that is going on today, primarily from the journey from web two to web three, and how blockchain and more importantly how the skills that everyone in this hyperledger community has been working on since we're really enable and help us in that transformation from web two to web three, as we are seeing in the market. So welcome to the panelists and Tanvi nice to meet you. And we'll go ahead and get started. So once again, thank you everybody for joining us today for the women in blockchain series. I am going to introduce the speakers and as part of this can ask each panelist to tell us a little bit about us, maybe share with us why you believe you got selected to be on this panel for women in blockchain. Tell us a little bit about what you do at the companies that you support, and what your companies do as well. So Rohini, you know, it's a pleasure to meet you Rohini, turn around from emphasis. It's great to see you online today and really looking forward to the conversation. Maybe you can just take a couple minutes to introduce yourself. Why are you here today and what is emphasis do in the space that the audience should know about. Yeah, and I'm glad to be here. Hello everyone. Good morning. Good afternoon. Good evening. I'm Rohini. I'm senior director at emphasis. I lead the blockchain practice at emphasis. And in my previous avatar I was managing financial services clients driving digital transformation. And at a certain point this was in late 2016. I took up the responsibility to incubate a blockchain center of excellence for financial services and since then evolved and switch full time into managing the blockchain practice at emphasis. So emphasis is a global leader, as all of you must be aware. In next generation digital services and consulting, and we enable clients across more than 50 countries. So, emphasis has been investing extensively on blockchain work. We created our own blockchain a Bitcoin fork way back in 2015. And thereafter the blockchain practice is devoted to all industry verticals so we do comprehensive both consulting and technology work and we keep experimenting with technologies of course the primary focus being the hyperlegious suite of technologies that is where we see a lot of traction. So glad to be here today. Thank you, Daniela. Excellent. Rohini, welcome once again. Quick question for the audience in case they don't know. Can you tell us a little bit about what a blockchain of excellence does in an organization like Infosys, just so that people understand that context. Sure. So blockchain, really we are investing as a service provider. We have invested as a technology creator as well. And so we work towards creating ecosystems in partnership with clients in certain areas we invest in ecosystems ourselves with key sponsors. For example, we have created trade connect payments and identity ecosystems. And for the, but it is important. And I'm sure, you know, that the folks who are working on blockchain would be aware that the business domain is a very strong dimension of blockchain to realization of value. And therefore, Infosys blockchain practice invest heavily in analyzing, in, you know, doing deep domain research to identify blockchain candidates to do extensive evaluation of the technologies where there's a strong fitment, and then marry the group. And that is how we drive our consulting, both for clients as well as in house in creating ecosystems. Wonderful, very helpful. And we'll hit upon a couple of those topics a little bit later on as well. So welcome once again. Next I'd like to introduce Shilpa Sood from HCL. Shilpa, if you could do the same introduce yourself tell us a little bit about why you think you're here today. And what does HCL do. So I've been doing digital transformation consulting for about 15 years now. And starting from when you know it was about digitalization moving to digital practices, I've been working with customers to see how the new technologies fit in their current ecosystem. And as soon as blockchain came in and now with metaverse I've been doing the same in both of them as well, working with customers, seeing what use cases can they do on top of blockchain, how can they fit it in in the current ecosystem, and what's their future roadmap with new technologies look like. So that is scalable because that's how quickly technologies change. And that's my area of focus. I've been part of the blockchain practice in HCL since it was incubated in 2016. And currently my role is to lizen with the sales team, create vertical solutions on top of blockchain, understand use cases that can be developed. And then working with the technology director for blockchain to help that develop those solutions and take them to customers, do POCs and help implement them. So I work both with our consulting practices to ensure that customers understand where blockchain fits in, as well as our partners around all the product spaces and our technology and POE to develop those solutions and take them forth. Excellent. I think when one thinks about digital transformation, without digital transformation even very early in the blockchain space, blockchain solutions wouldn't work. You need to have a digital transformation. Today, as we think about and we'll talk a bit about the industry transformation journey specifically from a Web 2 and to Web 3 and what's happening today in the internet. And I think that digital transformation takes on an even more greater personal to individual matters as well. So, love to explore that a little bit later on as well. So, Shupa, thank you for joining us and we look forward to this discussion. Next, I'd like to ask Anna Gossens and Animo to do the same. Introduce yourself to this audience. Tell us a little bit about what you do there and the work that Animo does. And I know it's early morning for you this morning. So tell us where you were zooming in from Anna. Hi, everyone. For me, it's very early. It's seven in the morning on a Saturday from Utrecht in the Netherlands. But very happy to be here and to discuss with you today. So yeah, I'm Anna Gossens and I originally started more as general blockchain education and consultancy and then with my co-founders we really rolled into self sovereign identity the industry and founded Animo Solutions, which offers development and consultancy on self sovereign identity issues and we work a lot in the open source stack and world with the Hyperledger Foundation. So mostly on the Aries and Indy stack. Yeah, and we've been really trying to the social good that you mentioned to bring more and more projects under attention that focus on the social good because honestly here in the Netherlands it's always a bit focus blockchain projects on the the banking use cases, the very commercial use cases which we see just has more touchstones in the community. Well, and I think you know self sovereign identity and the concept of digital identity becomes even more and more important right as we move towards this Web 3 and new views. And I think, you know, organizations like Animo and individuals like you are going to play a critical part in helping these definitions so we definitely want to talk a bit about, you know how can you take these technologies, make sure that they're privacy first and privacy perversing and it's about the end user. There's a lot of interesting work as well happening in digital identity space in in machines and IOT and other types of identity as well so we're looking forward to the discussion today and once again. Good morning I hope you had a good nice good cup of Dutch coffee for for us to get started with today. Last but not least, Tanvi Ratna who's the chief executive officer for policy 4.0 Tanvi if you can introduce yourself, tell us a little bit about why you think you're here today and with the policy 4.0 team has been working on. It's a pleasure to be here today I think I'm a bit of an odd one out here in terms of what we focus on so policy 4.0 is a it's a policy thing tank and research and advisory body which is working on new regulatory frameworks for emerging technology. So, we, you know, we are in the midst of this whole transition and tech. And I think regulators it's very evident that regulators are still grappling with web two issues and you know this dealing with things like cryptocurrency or AI or things like that are challenging. In terms of my background, I was once in a similar position as you know some of our fellow panelists I used to lead a blockchain at EY India for a certain market segments and that was a time where you know we were working on POCs and building out enterprise solutions by background. I am an engineer but I've been in the policy space for a long time now so I used to work with the Indian Prime Minister and I used to work on Capitol Hill prior to that. And yeah, we are at the moment working on India's frameworks around CBDC crypto and we are working on those issues with around regulators in 22 countries all the major regions of the world. That is what we do. I think there's no odd people here or odd points of view and I think that diversity in not only you know diversity and in gender and what we look like where we're based out of the more importantly and what skills people have in the blockchain space continue to be the most important. We need policymakers, we need regulators, we need social impact leaders, we need lots of different voices working on these things as well. So thank you. As Arun said, you know, I'm Daniela Barossa. I'm the executive director here at the Hyperledger Foundation. I've been with the Hyperledger Foundation since 2017, really leading both our community and our members worldwide. And one of the things when I think about why I came to Hyperledger right why I wake up every morning and get to work and why you know at 10pm on a Friday night I'm having this conversation is because I'm really passionate about the opportunities for good that blockchain technology has. So one of the things that we wanted to talk today about is you know blockchain for social good and what you know what are some of the things that many of us are seeing that you know originally got us involved in blockchain right. I, you know, I, the financial services. Shilpa I think you mentioned financial services lots of different use cases as well. Those things get me excited I mean those are great things when you think about ways to change how financial systems work. But the social good impact of it you know waking up in the morning and saying you know I'm here to work on these use cases I'm here to give voices to people who might not have to do to do it. So, Tanvi, maybe you can tell us a little bit about some use cases that you're seeing at policy 4.0 specific to inclusivity or social good in which regions are you seeing some of that work. Yeah, I think you know that this is a big focus of the CBDC space I think one of the major motivations and the West is to digitize payments but as you know in Asia a lot of payment infrastructure is already quite digital. So I think a big focus of central banks here is on can it help the cause of financial inclusion, is there anything it can do to leapfrog you know traditional financial infrastructure. So due to the nature of our work, you know we are under a lot of NDAs so there's not much that I can say in terms of the actual experiments they are quite a few underway. I think our regulator or the RBI is going to announce them in a few months. But I think if you look at basic factors like you know the cost of compliance the friction that comes in at the bottom of the pyramid when you're trying to roll out financial services or create financial inclusion. All those things can be streamlined to very high degree with the CBDC and you know India has undertaken very large scale efforts to create that last mile inclusion with something called the Jam Trinity so you know we have digital identity infrastructure here in India and we have very high mobile penetration. So lead on that was a bank account scheme that was rolled out by the government called the Jandan Yosha. And that's for certain traction and I think that gave a lot of learnings to the government in terms of digital banking and you know financial inclusion by digitization. And I think using those learnings now there are some pilots getting designed in terms of CBDCs and what can be done differently at the bottom of the pyramid. So I think there are a variety of use cases whether it's tokenized bonds or it's a variety of financial services that you roll out built on CBDC infrastructure. I mean in a few months I think a lot of information on those will be coming up. Yeah, and I think you know in a few months it's amazing the kind of work that governments like India and others around the world are really accelerating at the pace for these experiment experimentation so it's great to see. And I know you mentioned a bit about your focus also in working with social good use cases. Can you tell us a little bit share with us some of the work that you're seeing in your region. Yeah of course yeah I think in the digital identity space there's a lot of talk about for example refugee IDs, which is very big use case here just both on the front of refugees who might not have access to their physical identities anymore, but also maybe from war torn regions if your college degree is suddenly inaccessible because your college doesn't exist anymore. So those kinds of topics I really see living here in this space. I know that currently there's some projects in both in Italy and the Netherlands starting up about solving modern slavery as well so things you see happening and for example Dubai where people come to work there and their identities are taken away. We really try to focus on restoring restoring ownership of people about their own identity because this is often lacking currently with physical IDs which are so easily lost or taken away from people so I see a lot of work being done there. And explain maybe or share with the audience a bit about SSI and why SSI enables these new ways for digital identity in use cases like refugees and others as well. Yeah so I think just to keep it very short SSI is where you have you issue digital credentials to people containing the proof they would require to prove something about themselves so I would get my driver's license my college degree my identity card I would get them as digital proofs on my mobile phone and can prove their can verify their authenticity just by showing them which kind of transfers the ability to prove something about yourself to the end user instead of the maybe bank or government party or institution that usually stores this data about. And do you see you know specifics a lot of the audience is global today but obviously a lot of our regional chapter in India is based in India. Tell us a little bit about what you're seeing in Europe because I do think that the European states are advancing a lot of these use cases a bit faster than the world. And I think at the same time yes and knows what we are seeing is a lot of European support at the moment there's there's really money being put aside by the European Commission to invest in digital identity use cases. I think in two years five large scale pilots throughout Europe with which we'll definitely use some sort of digital identity technology. And wallet building so there's a lot of support on the governmental level on some sort but there's still a lot of uncertainty about what stand there's actually pushing through so I think there's it's still question of actually getting it implemented in the case in Europe so the talk is there but we still need to do it actually. Yeah, well it's it's the talk is everywhere right so it's implementation as it goes. But maybe she'll put if you can talk a little bit about maybe use cases at HCL and you have seen, you know specific to blotching for social good you know in whichever industries. You might have some examples for. Yes, so we've come across a lot of use cases in blockchain around sustainability across industry, you know, especially like from banks from government institutes from supply chain organizations to essentially be able to track and build trust, essentially on the numbers that they're presenting. Because everybody is giving how much how sustainable organization is what are the indexes, but there is no trust around those numbers because the way they are collected is not very visible. So they want to explore blockchain of how that can be transparency can be brought in in that entire process, and it's standardized throughout when reporting is done. So that's one area where we've seen a lot of traction another area which was unique, essentially where we work with government is building election trust. So we actually built a platform elect trust. So re-engineering the entire election process on top of blockchain and still keeping the identity, you know, hidden essentially of who's voting for what, but being able to present the outcome and that garnered a lot of interest in government where there is a lot of you know, whether the election was fair whether the person should be elected or not. So that's another area where we've seen government showing a lot of. Excellent. Yeah, you know, I think on the sustainability front we certainly see a lot of interest and a lot of work, and a lot of innovation in the space, especially around climate accounting. And so Hyperledger Foundation we have a climate action special interest group, and there are different projects that are being worked on with some, you know, code being written. And I think, you know, just when I was in Davos last week, it was certainly a topic of many panels and discussions around how to utilize blockchain technology, specifically to address the issues of tracking and tracking, which is, you know, people, you know, organizations and companies basically saying oh yeah, we're tracking and here's all the numbers and aren't we great. But the reality to your point is that there's, there has to be trust in those reporting numbers to do so. And I think, you know, there's a lot of ecosystem building that needs to be done as well to ensure that the systems, you know, continue to be built on the main use which is for us to understand how can we have an impact in from a climate perspective with using the technology as well so those are two great and voting obviously always an interesting use case to to to discuss specifically to from a privacy perspective and a trust perspective as well so that those are two are great. So can you have some, some examples as well that Infosys and your team have been working on that you can share with us on this topic. Sure, Daniela as a matter of fact, you know, now that you brought up this topic. It appears that there is, there is a grain of social good in the blockchain candidates across several industries, you know. As Anna mentioned, identity, of course that is perhaps the most important factor and the example that she cited about, you know, tracking identity and credentials for refugees. But, but even so, you know, in peacetime, you know, in normal circumstances data privacy is extremely important, given the rising instances of security breach identity related fraud. That is one. The second factor is the inefficiencies in the existing management practices, although, you know, across the globe they've been initiatives that have been started around identity, but but there's so much of overhead related to KYC, you know, you go to a bank, you need a separate KYC, you go to another bank, you need another KYC, you buy a piece of property, you have to register it, you need KYC. Education Institute Employment. So, so, so, so identity is extremely important. There are several others. There's one in, you know, crowdfunding charitable initiatives, bringing about transparency. You know, there are so many, there is need for charitable initiatives, there is a need to bring in transparency to encourage more flow of funds. And, but, but what is the deterrent for the donors is the lack of transparency, whether the funds that are going to not be channeled for the right purposes. So, so, so that is, I would say, another very important dimension in certain geographies it is, it has been legalized in certain geographies it isn't, but it is an important factor nevertheless. Then I can think of healthcare. Okay. So, so, blockchain can enable a single source of truth for the electronic health records, again, still under experimentation. But it's extremely important that from the self sovereign identity perspective, the individual is owner of their reports, the individual is the owner of their information and they choose to share that information with any specific party. That's another one. Life Sciences, it protects citizens from counterfeit drugs, blockchain can ensure, you know, especially in Asia, I think we came across the fact that about 30% of drugs and circulation are counterfeits. So, channeling it through blockchain. So, and it and that, that's not just applicable to drugs, it's applicable to all kinds of goods. You know, whether it's a luxury good or anything for that matter, you can trace the source, the traceability and provenance of that particular commodity is extremely important. And finally, in banking, what somebody said very appropriately, the objective of CBDC is, is, you know, primarily driven by social good. So, whether it is to increase the banking penetration, but also from the perspective of cross border payments, a very, very important use case. But it's still being experimented, you know, because they were initial challenges, but you know, now CBDC is in the process of trying to address it, there are several discussions that are happening. I just want to cite one small example, you know, where blockchain has a very strong role to play in case of cross border payments. You know, a person who's employed in a foreign country at, you know, perhaps a lower income grade. And this person has to send, let's say $100 a week to Philippines, okay, to support a family. In the existing situation, they lose $10 simply by the in the correspondent banking circuit, and only $90 is what, and that amounts to a lot. Those $10 mean a lot for the individual. So, so I think, you know, where social good is concerned and even ESG, you know, environment sustainability and governance. Blockchain has tremendous positive ramifications and, you know, this is one dimension where governments should focus and enhance adoption support to this industry. Yeah, and certainly from an inclusivity perspective, a lot of the use cases that we're seeing in CBDCs. For example, the Bank of Cambodia with product, right, the use cases are really driven by exactly what Rohini just mentioned, which is these use cases around individuals that are in foreign nations and have to, you know, do remittances back home or, you know, to make sure that they are getting the most value for those transactions, right, because they're not getting any value for that $10, right. Ultimately, they're getting less value for that cost. You mentioned health care as well. And I think one of the things that we're seeing quite a bit from a health care perspective, tied into digital identity and credentialing is also like cross state or cross border health credentials right so doctors and nurses. As we become, you know, more and more global, you know, economy and people need to go across different jurisdictions yet their licensing needs to pass with them we're seeing interesting use cases there. And machines right machine identification, specifically in states of regulations, when there's regulated requirements for specific medical devices for example, how can we use blockchain to track that from an efficiency perspective. From, you know, certifications a licensing perspective as well. And I think, you know, you mentioned pharmaceuticals as well. Rohini right which is one of the things that we have seen over the last six years here at the Hyperledger Foundation but I think overall in the enterprise blockchain market is when regulations do get started to get discussed or start getting into the right place. For example, in the US the pharmaceutical supply chain with the the FDA the federal drug administration put some requirements from from a pharma supply tracking. So tell us, you know, maybe, you know, 10 v since you you do work a lot with the regulators. So I think it's about how these regulations often, you know, drive these use cases to go into production to make the technology we know that technology works it's scalable. It's, you know, we have these use cases a lot of them in experimentations, but when regulations do do get started or when they're being put on the table, how does that affect some of these developments. That's a great question Daniela I mean we don't have too many use cases to go by to see you know how how regulations will interplay with the blockchain per se because most of the regulatory attention as you know is on crypto based protocols and use cases. And I think at the moment because there's this preoccupation with tokens and token regulation so there isn't as much being put into place on the dlc side right one space where that is changing is on the standard side so that is a place that I'm active and with the ISO and so there there are a lot of attempts to create standards around smart contracts so you can have interoperability in use cases you can have a variety of plans. You know leverage the same infrastructure for for similar use cases. I think at the moment in terms of, you know, giving legal recognition to smart contracts, for example, that is itself an area of very limited progress right there are few states in the US which have done it for example. There are very few regions of the world that have, you know, gotten there, I think we're still very early in terms of blockchain regulation. But I think things like identity are getting a lot more attention now, especially decentralized identity did frameworks. And it has done some work on that. There is also I think on smart contracts was still early I think when that comes in is when you'll see a lot of change in terms of the way business gets done in terms of how blockchain infrastructure gets leverage, but still very early for that. And I think at the moment, a lot of preoccupation is on the more of the monetary side of things and that doesn't have necessarily as many bearings on the DLT infrastructure side, but I think when it comes to things like rainy had mentioned on cross border payments and things there's a lot of focus on that. At the moment, so I think in terms of regulatory attention, it's overwhelmingly focused on a few narrow issues. And I think a lot more has to be done in terms of advocacy to sort of put these issues on the agenda for larger blockchain infrastructure. Yeah, you know, I think, you know, here at hyperledger, right, we are developer community, it's about, you know, the code and the open source. And there's been a lot of discussions around standards part and you know, are the standards moving fast enough, you know, can we get you know standards tend to be slow moving on purpose, I think right as community driven efforts. I don't know if anybody has kind of some ideas or additional thoughts on, you know, how standards, you know, play into into this and specifically on the regulation side. Yeah, if I may take a shot at that. So, I think I just take a step back into the role of regulators as such, where blockchain is concerned. So I think, I think, you know, the, I mean, we all acknowledge that financial services industry has been the trailblazer where blockchain is concerned they're the ones who have the maximum, you know, intermediaries and therefore the, the entire essence of blockchain being in this intermediation they were the ones who were most threatened and the maximum investments came into blockchain from financial services industry itself. So, even, even in financial services, you know, where the adoption, or the start of the blockchain adoption was the earliest and that's at the most mature stage in a certain way, the reaction. So, so like, you know, the, in the startups had already doing a lot, had already been doing a lot of work around icos, they had been launching icos. And it was only after a few months that the SEC realized and then clamped down of the, you know, startups with the how we test implementation on, you know, on the concept of icos, the coin offerings, which were not backed by actual assets and therefore, you know, they were, they sort of put it down, but that was more reactive. And it kept running for quite some time. Same is the case for, you know, the crypto exchanges, we had instances like what happened with the investors in that was a Canada based exchange where, you know, investors lost funds. But what is important to note is that the unfortunate event with the founder happened in a December or a January, I think he passed away. And it was only after a couple of months that it was discovered. Yeah, they were able to trace everything back. But when they were finally able to open up, they found that the funds have been siphoned off long back. And the preceding year of that particular year for several months, the investors had been raising issues about not being able to redeem their investments, the crypto currencies that they had bought through that exchange. But there was no reaction, the regulators perhaps did not do anything. So it is important to realize that, you know, there needs to be proactive intervention from regulators. And to do that, they need to take a step back, understand the landscape, understand the technology and the impact and the changes that it brings about, and start working on that. But I think sitting in 2020, mid 2022, we're seeing a lot of action now. Of course, the earliest was the European Union's markets and crypto assets, MICA, you know, that was activated, you know, to basically create a framework for issuance and trading of crypto assets. And there's a lot of work happening in that direction. Then there was the EPWG mandate, you know, passed by, I think it was the German parliament, the Indian government as well. Like Tanvi mentioned, it was in December that, you know, we rolled out some framework, and there's quite a lot of study that even if electronics and IT has been made as it is called, has been doing on that. And as recently as the first week of May, the US Senate did not pass the bill, but I think the DLT bill was introduced in the US Senate. So all said and done, you know, it's been more reactive, but it's important for the regulators to get their act together, make it more proactive. And the industry is moving at a rapid pace, it's been evolving really fast. So regulators need to keep pace with that. Absolutely. I mean, if we told ourselves, you know, six years ago or even seven, eight years ago that we would actually get these kind of statements and bills and laws being worked on across the world, we would all be like, no, that's not going to happen. You know, one of the things that I've said, you know, over the last two weeks, a lot of people have been asking, you know, me about in my opinion on things like Terra and what's happening in the crypto space. And, you know, I have said this phrase more times than I probably should, but humans are going to human, right? I mean, you know, ultimately, you know, things like the exchange person in QTX, I think I was right in Canada. You know, like there's going to be always a human element to these things that we need to put policies and regulations in place to do so. Let's talk a little bit about why in this space, you know, the private sector needs to work with the regulators and the policymakers. It can't just be, you know, driven by the policymakers themselves and the government agencies. So I don't know, Anna, maybe if you have some comments on what you're seeing in Europe as well, where the private sector is, you know, very involved and a pretty loud voice in many of these initiatives. I think that that's starting to really become a good thing because we see a lot of just expertise being built up over the years in the private sector, which is finally being put to use by the regulators. And I, by the way, completely agree with the idea of the proactive regulator being such an important voice because I know, I know questions are being asked on a regulated level, that I know Hyperledger community members working in working groups just know the answers to that. So I think it's, it's a lot about how can we get unstuck with the old ways of working where you'd have to navigate through layers and layers of bureaucracy to get those connections between regulatory and private sector and find much more direct roots of just communicating with each other because there's a lot of expertise that can be reused. Yeah, I mean, it's, you know, reuse and collaboration is specifically a focus on the in open source code development, right, project development. And one of the things we're hearing, you know, Hyperledger community has been a strong leader in the central bank digital currency specifically as the topic that we're talking about now here. And there's many use cases around the world where central banks are either experimenting or even putting into production, Hyperledger technologies, and we really, you know, as we talk to the central banks and other, you know, global institutions that work with the central banks, you know, open source is becoming more and more an important element of how governments policymakers and the private sector, and even as consumers right if we understand that it's open source and the code is being developed in the way that makes us trust or feel a little bit more confident. Maybe you know, which panelists wants to maybe make some comments or a few of you around how open source and the private sector working with regulators and policymakers why is that important for the audience here to understand that today. I can just share a view on this. So essentially the open source what it does is it builds in my opinion consensus because it's open. It's open for everybody to participate, including the industry, including the consumers of the technology, and it also brings, I would say the best specialist that can participate in process which is not possible when you're working on a flow system where you have only few people developing. It also what it does it creates a non propriety solution so that they which is open to be used by a wide variety of people industry use cases, it has to grow into as in hyper ledgers from one step to another to another there's so many projects that are there which are working together, leveraging information from each other expertise from each other and then producing output for their independent projects. So I think open source is essential when we are trying to build something this large, something that's new and innovative in the space. And for private sector private sector always played this role of you know reaching the end milestone tumor and presenting their views back to the regulator. So they've always played this role, even in the current, if we look at the monetary or the financial system side, we interact with banks and agents, we don't really interact with government agencies and regulators as much. So they have more view on the usability accessibility point of view which is essential for the government, if they launch something, whether the, the consumers of that service whether they'll be able to use it or not, whether they'll be able to access it or not, whether it's a service that is needed. For example, when the government of India launched the paper on the services hyper ledgers responded to that and that's industry expertise being thought and incorporated in the regulation that is getting formed I think it's absolutely essential for the systems to work for private private participation to be there, and it's not just being one way on the public side. Yeah, absolutely. And I think, you know, I've had conversations with government agencies across all different sectors. And, you know, understanding that open source doesn't mean that they also have to, you know, hire 1000 engineers to come and build this, right but that they do they have the optionality from a vendor perspective as to who they partner and who they bring on board as well. Any other comments from the from from the rest of the panelists specific to open source and how open source is being used for these use cases. Yeah, I'd like to stay the point there Danila. So I think, I think beyond the point, you know, there needs to be cognizance of the fact that the adoption of, you know, of blockchain across the industry vertical across multiple industries is sort of itself a catalyst to its own growth. So, so so creating the ecosystems, you know, designing an application of bringing in multiple stakeholders. And then beyond the point of course, there is, there is an important factor of recovering the funds that have gone into the creation of the investment that has gone into the creation of the ecosystem the ROI. The point in order to enhance adoption of blockchain itself, you know, one should think of making the code, the business code for that platform open source, you know, and that could enable several smaller players to partake of it to sort of customize it into multiple applications because there's a lot of overlap across industry verticals and several use cases and, you know, doing something like this once an initial once the ROI has been initial ROI has been accomplished, could help facilitate greater adoption of blockchain because the benefits that blockchain can deliver are humongous, there needs to be cognizance of that. I love that point, Rohini about kind of, you know, creating a levered playing field that is available to all, because then what that brings is the diversity aspect of individuals and smaller companies who have different expertise who are going to approach these issues and these opportunities in a very different way, but having them have the same opportunity to work on, you know, on these codes and solutions as well. Tanvi, maybe from your point of view as a policy, someone that works in policy, specific to open source, do you have any comments or additions to add there? I think, so I primarily right now as you see most of the regulatory work is very focused on crypto and crypto tokens and I think what has been a sort of slow realization I feel for a lot of regulators is that, you know, this is what is covering this open source development to a large extent in public blockchains, right, of course you have, you know, organizations like yours which are doing a great job of it on the DLT side but the sort of rapid innovation we are seeing in the crypto driven is being powered because it's an open ledger anyone can join and start building on it and that whole incentive mechanism is managed by cryptos and I think that was initially also one of the major things that you know drew me to this as a person from policy right because it's a very different way of organizing and incentivizing labor right and organizing and incentivizing government systems and I think the appreciation for that has been very slow in the policy space right because it's been for years seen as a sort of thread to centralize monetary systems right and I think that's where you're finally starting to see some evolution, not across the board but you know within some regulators and I think now as they're thinking about CBDCs as well I think one learning or one element of open source if we are starting to think about there is, you know, how do you bring elements of D5 for example into a CBDC infrastructure right, how do you build this kind of decentralized you know something akin to API based infrastructure where you just have different startups you're able to sort of bundle them into financial services, how can you bring that sort of advanced thought process into the CBDC space right so sorry I mean I took your question more from the monetary lens but I think open sources pretty much across the board sort of phenomena when you think about blockchain it's not just in the tech it's also in the governance and it's in many other aspects and I do see finally some aha moments of that you know occurring in policy deliberations. Yeah, so the two of your points you know one is it's also the community building right so if you think about what's happening in the permissionless blockchain space right. There is a lot of community building together right and open source projects have been doing this for many many years right we get our developers together we get them, you know, under a governance model and we get them to do the work together so I think that's always exciting. You know, one of your points that you said which kind of leads to the next topic right which is what is Web three and like, what is this new digital economy that we are creating like the people here on this panel, the developers that are listening and the business folks that are listening and are participating and certainly in the hyperlegic community is, how are we building these new platforms and infrastructures to create new digital ways to interact. Because it's, you know, a CBDC or central bank digital currency or even a digital currency as a whole. A lot of people like well you know I already have payments I already have electronic payments. I can already you know get to the, the, the citizens of my country, very quickly relief checks or something right those those systems are already put together. But what's very interesting is the infrastructure that's being built to then build these new digital or Web three infrastructures here at the hyperlegic community I think the work that the community has been doing specifically to digital assets digital identity. Non fungible tokens or NFTs, you know is really important I think, leading the way for a lot of our community members to be participating in this. So, maybe, you know, we'll go around to talk about you know some Web three use cases that you all might be working on that would be relevant to to this discussion today. Who would like to start off. Shupa, do you want to. I can. Sorry. Oh, sorry, Anna. Sorry, sorry. Next. Okay. Yeah. Yeah. We actually bring in a lot of new use cases essentially because it gives the power back off. You know the users identity to their own hands. It takes away, you know, it's changing that structure where everybody is equal they have on their own data, their own identity and it's not dependent on these third party providers so to say which was what we have to do that. It brought everybody together but they took away user data for themselves. So the use cases that we are working on are essentially around digital identity of how we can maintain digital identity when it comes to web three there are some use cases that we're building on metaverse of how the consumers interact on metaverse how will they use tokens for doing interaction on metaverse, where how will they maintain their wallet so those are some of the use cases that are there, then essentially on non fungible tokens, there is a platform that you were building on a bowl, where customers that use enterprises can create non fungible tokens and leverage it for their internal enterprise use cases to distribute bonds on financial side or on the art space as well. There's a lot of different use cases that we're exploring primarily on the wallet and identity side. Yeah, you know, I think that we as a community need to do a better job at owning what an NFT is a non fungible token, because there has been so many use cases and continue to be use cases that are non fungible tokens use cases that are not, you know, just avatars on our on our profiles that I think it's really important so I like that. And I really, you know, and I'd love to, you know, get some other feedback as well. I do think that web three and where we're headed helps with diversity, specifically from a diverse diversity perspective in having more women participate in these ecosystems. Having more individuals in regions that in the past, just haven't been able to participate in in in these financial use cases. So I do think that it's a good opportunity. And I know you were going to make some comments there so really, what are you working on what do you what excites you in this space. Yeah, I think I think she'll probably already gave a great overview of everything that's going on in the three, three space I think the only thing I would like to add is that what I find really exciting is that it feels that we're finally ready to kind of come out of the different silos of technologies and are finally working on connected them together. So recently I've been seeing a lot more solutions that work, both with a piece of digital identity decentralized and the token and like I'm finally seeing more interoperability and technology combined, where I use is very much see this is logistics smart contract projects. And this is a digital identity project. And that's I think what's really exciting about web three is that these things are finally coming together in a major way. Yeah, another thing I say very often is, you know, a network of one is no fun, or, you know, it's a block blockchains of blockchains. You know, maybe 10 years ago people like well there's going to be one blockchain that rules them all and you're going to have one one identity you know these specific use cases and I do think that as the market, you know, changes and matures into operability between chains. And there's certainly here in hyperledger we're working on this quite a bit with hyperledger cactus and some of our other projects as well. And we actually just saw a use case coming out of with Casper labs and IPV, which is an IP intellectual property non fungible token, and then being able to publish that on public web as well so there's lots of interesting things happening. Any other comments on on on the web on the web three topic that you're working on that would be helpful for the audience to know. Yeah, I think in the educational field. There is, and the second point I think would be linked to this. I think this metaverse has has a strong role to play. So think of medical education. So, you know, the understanding the human anatomy, or, and getting into and surgical details that you know medical students have to do, you know, operating the cadaver and getting getting to learn everything. Imagine the amount of clarity precision that could be achieved using metaverse, especially the surgeons. I think that it has enormous potential. The second is, you know, maintenance of maintenance of areas or zones that are very dangerous, for example maintenance or a keep up a nuclear plant where you could potentially avoid, you know, getting a human to enter a very dangerous high radiation zone and use a robot to use metaverse and, you know, fix any issues or perform any maintenance. So I think across the board, this particular dimension applies, wherever, you know, the, the physical terrain is very difficult, dangerous complex, you know, you can leverage metaverse across the board. I would say, you know, these are extremely interesting and innovative solutions that. Yeah, and it's it's it's combination of technologies blockchain AI and many others as well. I think you know for all of us here on the phone and as we work in the computer in the community. And it's really, you know, thinking about froth, right the things that the web three media wants to pick up on versus these long sustaining models of things that will actually make a huge impact on on how societies will operate in the future so I want to thank you for working on this it's hard. Sometimes you know people do chase the, the headlines and the clickbait, but I think the work and the sustaining models of using technology digital identity digital assets, and things around interoperability are quite important and I know that our community has worked on. So we have had a fantastic discussion today. And you know the topic of women in blockchain and you know, I remember a time in technology and very early on in blockchain where it was very hard to get, you know, for women to talk about the project and to talk about it with experience for multiple years and doing development and doing implementations and stuff. And I'm extremely proud, specifically in the hyperledric community of the strong women that lead our community here. And you have four of them here on the phone on the zoom that are participating our community at hyper ledger, you know, all the way from the governing board, you know, we have Archana stretchy from Walmart and Hamid Zubko from intellect to you that serve on our governing board, and many others that are, you know, board members and alternates. We have a technical steering committee that has Tracy Kurt as the chair of the technical steering committee. We have my own role as executive director. It is amazing, the kind of leadership that we see specifically from women in the hyper ledger community and I think, you know, you know, hats off to us for putting us in this in the situation where we will have an impact and continue to have an impact in the market, and that, you know, women, the women participants and leaders in our ecosystem continue to do that. So for, you know, for any any all of those listening today, who want to have more impact on the blockchain space. Maybe we can just go round Robin for everybody and talk a bit about, you know, what, you know, as a woman and as a woman in the blockchain space. What would you say one or two things to the audience for them to get involved and participate. And I will start off with you for Heaney. And then, yeah, Anna, start with you. Yeah, I would just say, reach out to other women. I think that I really found very helpful. It's just started sending messages to, for example, other women CEOs or other women developers, just to connect not even with an alternative goal in mind because I've learned so much from these other women as well, just on a personal and a business level. So I think definitely if you're looking to get involved in any way, join open source communication, reach out to people. And just connect to each other. Excellent. And if people want to get in touch with you, how do they go about doing that. Also LinkedIn, you can find me on LinkedIn or just email me at Anna at animo.idm always open to chat. So thank you, Anna, for Heaney. Yeah, I think Anna said it. It's very important to collaborate and join such sessions. It was totally enjoyable, very enlightening. Thank you for your opportunity. And yes, I'm available on LinkedIn. So I'll be glad to, you know, support any initiatives in the open source and as you're aware, we're keen to partner with you and support initiatives that I can take it forward. Can be any closing remarks on that topic. I think we do. I even got some messages right now about, you know, regulatory policy side work, you know, what can we do to work on education initiatives for regulators and what can we do for representing certain causes or, you know, cases in front of regulators. So, you know, I've put my email in the chat as well. I put our organization email, which is admin at policy4pointout.com. So you're free to write to us if you want to volunteer sometime. I think it helps a lot in taking the calls further. I think any efforts you put towards the regulatory aspect they have a asymmetric, you know, influences on the growth of the ecosystem. So I'll very much encourage women to be more active there. So please do write to me. I'm also available on LinkedIn and I've put our website and email in the chat. That sounds wonderful. Chopa. Essentially collaboration is the key reach out reach out irrespective whether the person is a man or female you write to the person you want to learn from. And everyone's accessible I think LinkedIn is wonderful that way, and participate in forums, I've communities, anywhere that you can ask a lot of questions I think that's important to grow any space that you choose to go in, especially blockchain there's a lot of open things there. Yeah, and you can link me reach out to me or LinkedIn just drop a message. Well, it sounds like we have a new five, a five pod of power women that we're all connected with so same here I you can find me on LinkedIn you can find me on discord. And I look forward to talking to the rest of the community so once again thank you everybody. I'll go ahead and wrap up the panel. Arun do are you going to take it from here. Thanks, Daniela. We have a developer panel coming up so all the open source contributors from India region are going to speak to the community after this session. So they pick out to you. Thank you again. Thank you. No, thank you. I will go through the Q&A answers as well and add since we're going to stay on this line and if there are any other questions please do ask there and once again thank you to the India regional chapter for this opportunity for us to share our voices. Alright, thanks Daniela that was the perfect segue. Thanks to all the panelists and our Rohini Tandy and Shilpa who have given us a lot of great insights on doctrine for social good so far. We will now be starting our next panel discussion. Members of the next panel, could you please turn on your video. Okay, awesome. Lovely to have you all here with us. For those of our audience who have just joined us. A very good morning. Good afternoon or good evening. A very warm welcome to the women in blockchain panel discussion organized by Hyperledger India chapter in association with St. Kids College of Engineering. We just finished our first panel discussion on blockchain for social good. Hope you had a lot of wonderful takeaways from that session. I know I did. The topic for this this panel discussion is web 2 to web 3 developers perspective and open source contributions. I'm super thrilled to have a lot of amazing panelists here with us today. Thank you so much for taking the time out to be here with us. We're actually hosting this event for the third consecutive year and it is truly our honor and pleasure to be able to celebrate the exceptional women in this field. I work as a software developer at Walmart Global Tech and I will be moderating the session along with Prisley Jacob from St. Kids. Before we begin the session, Prisley over to you to introduce our panelists. Thank you, Deepika. Hello everyone. So let's start by meeting our panel members. In no particular order, our first panelist is Ankita Patibar. She is a tech lead at Ionbox and has been working extensively in building decentralized identity solutions using Hyperledger, Ales, Arsha and Indi. Then we have Neha Mukte, who is working as tech lead at Snapper Future Tech. She has worked on multiple blockchain solutions pertaining to trade finance, supply chain, education, e-governance, etc. She has trained students and working professionals making them specialized in Ethereum and Hyperledger Fabric Blockchain platforms. Next we have Nithi Singh, a senior software engineer at Walmart, skilled in blockchain, Hyperledger Fabric in Ethereum. She is a winner of Hyperledger India Chapter HyperHAB 2021 and overall winner of Women in Technology Hackathon 2020, organized by WIT in collaboration with IBM. Shweta Kumari is a lead blockchain developer at Ionbox. She has 11 years of industry experience and provided solutions on multiple blockchain frameworks like Hyperledger Fabric, Indi, Artric order. Looking forward to a very interesting discussion. A very warm welcome to you all. Thanks Prisley. Without any further ado, let's start off this panel discussion with our first question to Nithi. So, Nithi, we know that Web 1 was just static websites. Web 2 brought in a lot of analytics, social media interactions, a lot of user generated content. And now Web 3.0 is the new thing in, right? So, could you help us understand what is Web 3? Why move from Web 2 to Web 3? Is Web 3 just a buzzword or does it have the potential to truly revolutionize the web as we know it? Thank you, Vithika, for the question. So, let's start with this. I'm sure most of you might have already come across this term Web 3. It has been used a lot in the recent few years. And to understand what is Web 3, let's take a step back and see the journey of Web. So, the evolution of Web is divided into three stages. Web 1, Web 2 and Web 3. So, let's start with what is Web 1? So, Web 1 was the initial version of Internet that is World Wide Web. The creator of the World Wide Web, as we call it, was Tim Berners-Lee. So, in Web 1, what was the case was it was just static websites which was being hosted by companies and there was no user interaction between the websites, right? So, it was just like we're reading onto something. I call it a way as in there was just one way of communication or one way of information which was flowing. That is from the websites to the users and that to the static content. So, that is what Web 1 was. Now, let's move to the next stage of Web. That is Web 2. So, Web 2 is what most of us are experiencing right now. That is Web 2 and it's like as we all know it's the Internet that we are using today and it's being provided by the companies. They provide us some service and in return for that we are exchanging our data with them. So, that is what Web 2 is and basically it's like a transition from the static HTML pages to a dynamic content. So, now user is having the privilege of generating content on the websites and for that it's like we are being provided with platforms where we can interact, we can fill in our data. So, that's how we shifted from the static content to a dynamic content or let me call it user generated content in that way. So, that is what Web 2 looks like and I mean I don't treat this as a technological advancement in that way. I would just say it's a form of evolution in the way Internet is being used, how the users are interacting with the Net. So, now as we all know there is a lot of user interaction and engagement that has been made possible with the help of social media platforms. So, this evolution of Web 2 has been done due to the usage of mobile phones, due to the emergence in social media platforms and also due to the cloud services that are being used. So, just to name some of the Web 2 websites that we all use, it's like Facebook, Twitter and all these are just some of the websites that we use. So, that's what the Web 2 is and it has brought Internet to a large set of people that is there to the masses but still the concern is as we all know it is being dominated by few set of private companies. As we all know the major tech players, so they are the ones who have a kind of ownership of the Internet right now. So, that is the concern that is there and to resolve that we came up with Web 3. So, Web 3 is not a new term which has been coined recently. This was being coined way back in 2014 by Ethereum co-founder Kevin Booth. So, that's how old the term Web 3 is but there has been a lot of buzz in the recent years. I think that is due to the launch and usage of non-fungible tokens and cryptocurrencies around it. So, if we talk about Web 3, so the underlying technology would be blockchain is there and then tokens are there, cryptocurrencies are there, right? And there are other sort of technologies as well as an artificial intelligence. All those play a very vital role in developing Web 3 and now what will happen is with the use of Web 3, the ownership would be transferred from those private big tech companies to the users, to us. So, that is like a very major transition if I say and if you are talking about why should we move from Web 2 to Web 3. So, I think some of the major features which Web 3 offers that as a very important part in it. If we talk about it as and we all know Web 3 is decentralized, right? So, it's not like a single entity would have power over Web 3. The power or the authority is distributed among the stakeholders and we as users also have the right to become part of the blockchain network. So, in that way we would be also one of the stakeholders of the network. So, the power is decentralized and then what is if we talk about the way it is structured. So, it's like it is open to everyone, right? It is permissionless. In that way, you don't need permission from someone to enter into that space. Whoever you are, wherever you are, Web 3 is like open to everybody. Anyone can log in and get started with it. And then there's this other thing if we talk about if there is no centralization as and if there is decentralization, then there is no need of middle party, right? As in the middle man that we had, as if we talk about the financial domain that we are operating, right? So, the legacy system that we operate in as and we go to bank if you want to have a transaction, right? So, bank adds as an intermediary between me and the person to whom I am sending the money, right? So, with Web 3 there would be like no middle man in the system. Just two parties who directly want to transact with each other, giving them the full authority. So, yeah, this is like another important feature which I think plays a very important role. Yeah, that's actually a pretty great point of it. So, like you did mention that it kind of leads into the next kind of topic that I want to talk about which is you mentioned a lot of big players controlling a lot of the data that is currently there. I think there's a lot of debate currently going on between data monarchy versus data democracy where data monarchy is like most of the data on the internet today is owned by the major players in exchange for the services that they kind of give us. And Web 3.0 is set to kind of bring in that decentralization and data democracy that you just touched upon, right? So, Neha, if you can weigh in on this, how does blockchain really fit into creating this kind of data democracy? Can you give us an idea of what a decentralized internet will look like? Yeah, thank you Deepika for this. Okay, so I'll first add some points to what Nidhi said. What is Web 3.0? So, Web 3.0 is the internet of values, the next iteration of internet after Web 2.0. So, whereas Web 2.0 signifies as the centralized model of the internet where most of the data and services are controlled and managed by some big entities like we know. Whereas Web 3.0 emphasizes the decentralized model of the internet. So currently the internet which we are using, it is standalone. What I mean to say here is like all the data which is on internet is controlled, owned and managed by these giants like Facebook or Amazon or Flipkart, etc. Even if we have to order something online, we have to be dependent on them. Even banks goes that way, like we have to make any transaction we have to dependent on this centralized systems. And as we know there are many setbacks associated with this centralized systems which are like we have seen some prominent examples of this setbacks in the past. So, in this matter blockchain plays a very crucial role where transforming the conventional approaches for data storage and management. So, when we are talking about blockchain, I am not saying that it is going to disrupt or replace the existing system or any as such. But rather blockchain is going to complement these existing systems to make it even better in terms of privacy, in terms of security. So, if you are talking about this, like recently I read about this startup in Bangalore. Some drive for something like they are using peer-to-peer CAP services which is based on blockchain. So, like they are literally removing the third party interaction like we use Ola Ubers for our rides. So, Ola Ubers take a lot of commissions from the drivers. We don't even know how much the driver gets at the end. But if you are talking about this peer-to-peer decentralized platforms. In that case, we are directly contributing to the drivers. We are directly connecting to the drivers. So, yeah, that's all I would like to say here. Okay, great. Those are some really good insights. And also if I can just chime in here, would you mind turning on the camera if you don't mind? Yeah, sure. Thank you. Yeah, please see you over here. Okay, so thank you Neha. Those were some really good insights. Shweta coming to you. Added to what Niri and Neha said, we have understood that free is a back-end revolution. So, since there is no centralized cloud-based storage here in that free, where does the data be stored? And how are we actually going to move from centralized systems to decentralized systems? Okay, thank you all. So, what we are doing actually, we are moving from a centralized system to decentralized systems. So, what needs to be changed is required first actually. So, we have front-end and back-end. So, front-end will remain same. Web 3 will be a back-end solution. And people using Web 3 will not feel any front-end changes actually. So, what changes we are going to do in the back-end? We are going to deploy a smart contract in the back-end. So, let me first explain what about smart contract. The smart contract is what it is a business agreement between two parties. Let me give you one example that is for vending machine based on smart contract. In vending machine, what we have, we have actually the rules of transaction. And that rules of transactions are programmed into the machine. You select a product by placing a number of, number related to the product that you want. What you are doing, you just insert money. And if you insert sufficient money, then the machine spits out the product. And this program, actually a program rule to execute, it's a transaction. So, the reason for this, this that what was front-end revolution while where phases are dynamic content of phases are saved into the organization server or a cloud. But Web 3 is a back-end revolution. When we say, in other words, Web 2 reinvented the things that people interact with while Web 3 reinvents the plumbing behind the scene actually. So, when we are moving to Web 3, then industries have to change their back-end and reshape them while people are not aware of their transformation. And people for instance don't need to understand how crypto mining works because the stuff are hidden in the background. Even the person wouldn't understand blockchain or coin or funcable. So, they just want to insert money and I want to hope that it's like a vending machine. So, now if you moved from centralized to decentralized, then we have a question like where will data is going to insert? So, like in Web 2, we have a centralized organization and centralized organization server or cloud where we have data. So, decentralized world users have their own wallet where they keep credentials. So, this is basically user controlled web and we have user identity data and the transaction data. So, for user identity data, Web 1 was actually static sites and Web 2 was attributed to social media and analytics. But to create that social media, I need an email ID to which I relied on the email provider, which generally asked for my identification as well as the way of phone number or sometimes address too. So, but with Web 3, we are moving a completely autonomic world where I am the owner of my identity. I can create a wallet which will act as my identity whenever I go to purchase any goods like for funcable tokens or services. So, another thing is like transaction data. So, the data storage is also being decentralized and now by way of IPFS and similar decentralized solution in the market for the transaction data. Yeah, thanks Shreya. That was actually super insightful. One of the things you said was since it is a backend revolution, we will have to reshape the existing backend systems. So, what is the kind of effort that would probably go into reshaping backend as we know? Reshaping backend means like what we are doing, we are not going to change the front end application. In the backend, we are creating, we have a blockchain network and prominently in the blockchain network, we are using Ethereum blockchain. So, we are just changing in the backend centralized system to this Ethereum blockchain network where we have a distributed laser and they centralized. Okay, so prominently the kind of change that would occur in the backend is the way we store the data and identity management. Would that be right? Yes. Okay, awesome. Also, maybe Ankita, you can weigh in on this, right? So, Shweta was mentioning about smart contracts and usually when people think of Web 3.0, the two main tracks that we think of is firstly building applications on top of blockchain or solutioning with smart contracts. So, for people who are just kind of getting into the blockchain space, what would you say are the different kind of roadmaps to explore to enter into the Web 3.0 movement? So, as my fellow panelists already explained what a Web 1, Web 1, Web 3 is. So, it's a shift. It's a shift in paradigm. It's a shift how we work, we store and we manage our data or how our application are working. So, whenever there is a shift, we have to come together and we have to work together. So, first of all, for the people who are starting with blockchain or starting with Web 3.0, you can understand the challenges that are there in the 2.0 and how Web 3.0 can overcome those challenges or how Web 3.0 can solve those problems. Once you have a clear idea or once you get the problems that are into the existing system, then you'll be able to get to the solution of it that Web 3.0 provides. So, in this way, anyone can enter or you can get through the understanding of the 3.0 in a clear way how it can change the life or how it can change the work in the way we work today. Yeah, definitely. But like, if we are looking at the different tracks available to us, right, maybe Neha or maybe one of you can weigh in on this. What are the, you know, key skill sets that would be required to kind of become a developer? Is it just front end? Are we looking at just front end or some kind of networking skills that are required hosting cloud DevOps? What are the different tracks available for us? So, since it's a decentralized network in itself, so back end is one thing you want to have, I mean, as a developer, I want to start to have to start with the back end, how it works, how the data is stored as previously someone said that data, there is a change in how data is stored. So back end is one thing. But since the network is also going to change it, there's no more a decentralized network, right? Now, there's no one authority that manage everything. The network is decentralized. So the networking part, the security, then if the, if my data is decentralized is available on different machines, different servers, it is hosted at different places, right? And the replication is also there in the different places. So how the security of the data, how the visibility and what data to put on which blockchain, there are different kind of blockchains also, public, foundation, commission, etc. So which type of blockchain you want to choose? Because it goes with what data we want to store on blockchain. Right. So back end different, there are different languages. So back end is one thing, networking is another part. Then we don't want consumer to be affected by the shift that we are doing in the paradigm. If I am using a mobile app to book something, I want it to be the same. But just that the back end should change in such a way to adapt not to store the user's personal information on the app or on the application. That is how the networking and back end can change without affecting the front end much. Thanks. Thanks, Ankita. Yes. So Neha, coming back to you, being a blockchain developer yourself, what do you think are the skill sets needed to become a blockchain developer? Yeah, Prizli. So if anyone wants to enter into blockchain space as a developer in that case, obviously some basic knowledge of back end technologies like some languages, some programming language knowledge is obviously important. And as Ankita stated, back end and networking both changes. So in that case, obviously those things we need to keep it in mind when we are entering into blockchain space. Okay. So would that be it? Yep. Okay. Thank you, Neha. So coming to Nidhi from what we have heard till now, open source seems to be a great way to get started in blockchain, right? So how can one get one start contributing to open source? And what are the prerequisites for making your first contribution? Okay. So for this, I would like to start it with how I started. So initially, when I moved into the blockchain space, I started working on Ethereum framework, which is one of the blockchain framework, which is publicly available. And then I transitioned to the hyper leisure umbrella foundation, that is they have multiple frameworks within them. All are for enterprise applications. So that's how I started. And yeah, if you want to, if someone wants to get started with blockchain, I think one of the best way, as you rightly said, would be to start, get start contributing to open source community as soon as you can. So I think this would be very beneficial to the college students or the persons who just want to get started into blockchain who are relatively new to this space. So what they can do is they can, if we talk about open source. So many of the blockchain frameworks are open source, right? And there's this hyper leisure foundation, which is like an open source community. So there are different blockchain frameworks out there. So what you can do is you can get started with them. You can check out the repositories, you can go through the code, you can start using the applications. If you discover some issues, you can create that issue. If you are a technical person, then you can also help in contributing to the code by actually raising a full request, right? So these are some of the ways by which you can get started. And then if you are someone who is like, who wants to get into this thing. I mean, there's this other sort of program which hyper leisure heart, which is like the hyper leisure mentorship program, right? So anyone who wants to enroll in these sort of programs, they can have a proper mentor for them. And then they can walk through them. So there would be different use cases to work upon. So I think these are some of the very good ways to get started. And if you are at such a level where you are working in the industry for some time, and then you want to prove your work, then you can go about going for some certifications on top of it. So let's say that different sort of certifications as in for hyper leisure, there are certain certifications for our three quarter. There are certain other set of certifications which are being provided by the foundation itself or the many third parties are also providing their own certifications and trainings, right? So that is another way if you want to prove your work, if you want to really test your knowledge that I have done this much and do I have this much knowledge of that sort of things? If you want to test your skill, the certification is another way to go about getting started with things and proving your work. So I think these are some of the ways by which people can get started with your blockchain journey. Okay, so as you mentioned, the hyper leisure itself has many projects, right? So like how can we pick one from among those to start contributing to? Okay, so it's like hyper leisure has many reality platforms. The most famous popular and best proven platform is hyper leisure fabric. So feel free to explore that code. And if you want to, it's like you want to get involved in this. There is this other thing which is going on, which is like hyper leisure challenge. So my team is also a participant there. So it's like if you want to contribute to our project, feel free to reach out to me on LinkedIn. We would be very much happy to have you with us. And in that way you can take your few, it's like baby steps. You can take baby steps towards your journey. So it's not just about fabric. There are different projects as in hyper leisure. Sawtooth is there. Beisu is there. Boru is there. So you can go to the hyper leisure GitHub and you can just explore all those projects. And there are certain full requests which are for starters. So they have this staff and you can just start exploring there. Those are some really great insights to kind of get started and get hands on with blockchain. So far a lot of people that I speak to, they think blockchain is this sci-fi thing and shouldn't touch it. It's really scary. So don't go there kind of a thing. But I think once you start getting hands on with the community, talking to people and talking to amazing ladies like yourself. Things become a lot easier. You just need a starting point. And from there on, once you get hands on, things become a bit easier. There was this one question that we had from, like a lot of you mentioned Ankita, Shweta, Navini, all of you mentioned that Web 1 to 2 and now to 3. It's a back and shift and it's a paradigm shift kind of a thing. So how do you store huge amounts of data in a decentralized database? I mean, I do understand that the concept of distributed ledgers, right? But there's a lot of data that needs to be transferred. So if you take a look at an example, say Instagram or Facebook, the amounts of data that they store is insane. So how do you store all of that data in a decentralized way where people like you and me are actually participants or stakeholders on the new blockchain network? Anyone of you can take it. By storing the data, we have to keep in mind that what we want to keep on blockchain. First of all, because if anything goes on blockchain, you cannot delete it, right? It is immutable. So what we want to keep on blockchain is one thing that we have to be conscious about. As we know, there are so many regulators being formed like Private Data Protection Act and GDPR, which don't allow PIA information to be stored on blockchain, right? So that limits the data that we are storing as of now on our system, centralized systems. So we should avoid storing PIA information on blockchains, first of all. Then there are something called distributed file systems, IPFS that we can use to store the huge amount of data. And just putting the... Everyone looks like we are facing a bit of a technical issue with Zoom. We'll be right back. I believe all of us are back. It's a Zoom issue or whatever? I thought of my internet. Yeah, I think all of us assumed that internet went, but yeah. I guess that was a Zoom issue. I don't think we can just check on Gita if that's possible. Yeah, I think she is here now. Yeah, Gita. Sorry, we got cut off a minute away by Zoom. Go on. Yeah. So I was talking about the data that we want to save on blockchain, right? So first of all, there are so many regulations that we have, like which don't allow us to store PIA information on the ledger, right? Because once it goes to ledger, we cannot delete it as immutable. And since it is distributed, the copy will be if with everyone in the network. So before storing anything on the blockchain, we have to be conscious about what we are putting on blockchain. First of all, if we have huge amount of data like any files, there are files that the files, images and everything. There is something called IPFS that is distributed file system. So we can put our data, we can put our data on IPFS. And then we can just point the hash of that data IPFS on the blockchain network. That will help us to minimize the data storage on the blockchain. And we can store some things of the chain as well, of ledger too, if we don't want them on blockchain. If they are not meant to be verified and to be the same way, right? So we can put them off the blockchain as well. Yeah, that makes sense. I think what you were talking about, storing hashes of it on the blockchain kind of leads us to the layer 2 solutions that exist. Would any of the panelists like to comment on how that would be helpful in building scalable blockchain solutions in Web 3.0? Shweta, Nidhi. Okay, I will take this question. I think the basic problem with public blockchains out there, as we all know, Ethereum and others. It's the performance that they provide, right? They are not very much scalable. If we talk about the throughput or the transaction per second. That is relatively low as drastically low when compared to the other blockchains and how it should be in the practical world. You can't be using a system in a production gradient moment, which is having very low throughput. I mean, that's not the kind of user experience you want to give. And so for that, there are certain solutions which are being developed. So it's like there are these layer 2 solutions, which are like, if you want to improve the scalability of the blockchain networks, we are improving the scalability off chain. We are not doing it on chain. We are trying to store it into the off chain. And then we are trying to improve the scalability by using side chains and other sort of things. I think many companies out there are trying to work on the scalability part so that the blockchain frameworks that we have, they could be really beneficial in our real world and at a very huge scale. So and there's also this thing, if we talk about this also a privacy concern, right? So it's like, if we are on public blockchains, so it's always about this privacy concern. So there are some solutions which are being developed around that as well. So I think it's still a work in progress if I say that way. I mean, there are many things which have been done, but I feel there's a long way to go if you want to really adopt into the version that we all want to be in Web 3. So yeah, it's still a long journey there. Yeah, definitely. I think everything's a work in progress, right? Web 2 is also still evolving and now Web 3 is something that will evolve parallelly. So yeah, thanks for that. Shweta or maybe Neha, could you give us an idea of what your day-to-day life looks like as a blockchain developer? Anyone of you? Shweta, you can take this if you want. So day-to-day life, like we are talking about here, Web 2 to Web 3 transition, the world is going to change like we are entering into the new internet era. So if we are entering into the new internet era, so lots of things we are going, lots of things are going to change. The system, governance system that is based on the centralised, that is going to decentralise. We are removing actually intermediate parties. So we have lots of use cases like in the supply chain management, in finance sector and like other sectors. So blockchain, in the future, blockchain is like a revolution. And I can say in 4-5 years, we will see lots of changes to the blockchain technology actually. Yeah, like you mentioned, there's been a lot of, there are a lot of use cases in supply chain, trade, finance and all. And Neha, I think you mentioned that you have worked quite extensively for solutioning in those particular domains. Could you give us some examples, any cool stories that you have in this particular thing? Yeah, so like I would like to say the one of the first projects that we started with Snapper, that is Snapsert. So like basically Snapsert is the certificate generation and verification platform on blockchain. So when we started, we first created a POC on Ethereum and after Ethereum, we shifted it to Hyperledge of Fabric. So like we see the background verification companies, when we talk about the corporates, they go through the background verification process for any new candidate. So in that case, it takes a lot of effort, it takes a lot of time and energy and cost. So Snapsert, what Snapsert do is Snapsert is cutting up the cost and it saves the time from them. And after that, we have worked on the snap chain like Trace Chain. Trace Chain is basically a traceability solution on blockchain for any kind of goods which we, from the distributor till the, like a consumer who's going to consume that particular food. So yeah. That's pretty interesting. Do any of the other developers have some interesting use cases that you've probably worked on that you can share with us? Ankita? Yeah. So since blockchain has its own steep learning curve, right? It's all new when we come to blockchain. If we, anyone, if you take Ethereum when you start, when you have started Ethereum, it was new, it had a learning curve that we went through. So here in the universe, we are extensively working in decentralized identity system. So we used to, I mean, we had a couple of things on hyperledger fabric as well. And now we are working on a hyperledger entity resource that is verifiable potential and decentralized identity. That truly owner is the, I am the owner of my identity like that. So when we started this, we have our own platform for critical. So when we started critical, we started with the mobile. It had a mobile wallet as Shweta mentioned that user should has its own control of the data. So we want a mobile wallet for it. So we started developing the Arunima SDK that is the first reactive SDK for the same. So we had like a couple of nights and days spending on the problems that we have. There are standards and hyperledger fabric that it is also have some protocols, right? So there was no implementation for mobile per se. So we had to develop for basic iOS and Android development and then react native. So we were stuck at two, three points and all the developers were not iOS, but we want to get ourselves this thing done. And we were ready to get our hands dirty in that, but we just want to get it done. So it's like at nights, 2am, 3am, we said, I will sit and we'll check and things work. So those are pretty interesting days and when the technology was maturing when all the protocols were not there. But as a developer, we always have that feeling that whatever comes up with me, I will try to solve it on my own. Like beat it from any language. Then language is not a barrier for a developer. It's like the logic matters there, right? So a blockchain developer too. Language is like a secondary thing for us because here framework matters for us. Framework, tools, those matters for us. So I mean those were like the days when I remember that when we started building Erlema. So we had to put in everything there. We bought from Python, we saw from Python ancient, we refer.net and then we built in react native. So yeah, those are the interesting things. That's actually pretty cool because I think, sorry, you were saying something? No, I am Shreya. Like Ankita is saying like she's developing HyperLuzer Indie solution. So I was also developing HyperLuzer Indie solution based on self-sorbent identity. So we have Indie network and we have Ari's cloud agent using Python API. And we are using Xamarin framework to create mobile wallet. So basically what I have done, I have done completely on Indie network side where Infra setup. So like we have set up the multi host, multi zone, multi node Indie network. And one issue I was facing during the rehydration of Indie network actually. What happened in HyperLuzer Fabricates, we have container name actually. But in Indie actually what happened when we are creating the node, so we are providing IP address and that IP address actually Indie has a mercury structure. So that IP address is saving into the mercury. So when the rehydration process comes like when in case of any crash of network. And I have to restore the network on other host machines or other multi host machines. So in that case, like what happened when I tried to restart the network with existing node configuration as well with existing node data. So I was facing that time error. So in Indie what issue for that fixed what I have done when I am creating a full transaction Genesis file in full transaction Genesis file in a state of providing the providing IP address. I am I was providing a domain name and create a map that domain name with the IP address so easily we are able to restore the Indie network HyperLuzer. So that issue was fixed actually. That's really awesome to hear that you know in the end I fixed it like that's the goal of I think every developer so kudos. Good job. Thank you for sharing your story with us maybe I think we have listened to three interesting problems that were solved by three of our panelists. Do you have something interesting to share. So I think the main gist of everyone would be they face some issues and then the moment when they over overcame the thing that feeling and I think that that's what matters the most right is facing some issues somewhere and then you're able to resolve it. So talking about some of the use cases on which I have worked on. I work on Ethereum space it's like I've done a few proof of concepts related to the what they say crowdfunding platforms and then the interesting use case which I would say it's all about the scale right so when I was part of geo there we built a solution for the telecom subscribers in India that is like the anti spam use case. So as all of us know we get spam calls and messages every day. So that was the use case as an if there's something going on we have the provision of raising a complaint against that person. And then if you don't want such messages or calls to be delivered to you. Then we also have the provision of setting preference so everything I mean all the things which telecom subscribers in India do that is be handled on blockchain right now. That project is already in production it's like and it is due to support of all the telecom service providers in India not just you everyone is out there in the network. So I think that is one of the use case which was interesting to me like handling data at scale and then it's all about my data as well as an I am a telecom subscriber so I can actually see what's happening out there so that's what makes it even more interesting. Thank you Nadee now coming to a different topic digital currencies so can anyone of you throw lights on digital currencies how are they important and if they can you know in some time in future completely replace today's currencies. Anyone can take up the question. Neha Shweta anyone. Maybe Neha Shweta do you want to take it. I think Ankita was going to speak yes please continue. Yeah, so since blockchain is so it is meant to complement the systems the existing systems right. So it can complement the existing system very well by by providing the solutions for the problems that we are facing. Similarly digital currencies are in a different place existing currencies they are using in our countries they can be like a huge regulatory decision as well and adoption as well because people we people need to be educated about it. What do you think digital currencies do so digital currencies are the medium to exchange goods exchange data and you can use the digital currencies and many of the use cases just to get the loyalty points. Right, so you can somewhere else they can complement the existing systems currency that we have but I think it will be very difficult to say that they will replace the existing systems. Yeah, definitely fair enough. It's always difficult to replace something that has been established for hundreds if not thousands of years right. Neha would you like to weigh in on. Yeah I agree whatever Ankita has said like, yeah it like we cannot, we cannot just replace whatever is going on and we just have to complement blockchain is just going to complement whatever we are using right now as well wherever we are using this digital we have to buy them through fiat currencies only so yeah that's how it's going to go. Okay, awesome. So I think we are reaching the end of our time for this particular panel discussion do any of you have any anything any comments to share for budding enthusiasts and blockchain budding developers. Something that you think they you wish someone had told you when you initially started off your journey. Neha maybe we can start with you and then over to Shweta Ankita and Nidhi. Is it just me or yeah okay. I think Neha is stuck. Okay, Shweta, can you take this maybe we will come back. So we started blockchain carrier before the three or four years. So started with like blockchain concepts so initially we have a bit mind so initially what I understand blockchain is nothing but it is a bitcoin currency like the people are thinking like in that way. So we have started the fabric setup so we have actually fabric setup we have an infra setup and we have an application setup both are so it was not easy. So like, initially, I was, I have a challenge is actually I was a Java developer but I don't have much idea about the network site. So I was stuck on that dog there Kubernetes other things also. So now I become expertise in that way, but I would encourage to the people please join blockchain. We have like we have a hyper laser forum and other forums where you will easily get to run sir if you are facing any challenges. So really come to the blockchain world and join this one. Thanks, I was pretty passionate. Ankita, would you like to go next. Yeah, so you can just start with doing things I mean there are a lot of things in the blockchain space as well. So just get if you get the problem just go on it if you want to start there are so many repositories as already maybe and everyone mentioned but there are so many repositories. There are some special tags for starters, good first issues. They put a tag if you are a starter you can take that issue because that is a small one that you can pick. If you have the community is very supportive and in all the frameworks are all the tools. So if you have an idea you can put an issue you can open an issue you can discuss on community discord is the channel that community uses. You can put an email to the community as well. So just start and flow with the paradigm shift that we are into for the better future, I can say. Yeah, definitely. Neha, okay, I think we lost her again. Sure, Nidhi, would you like to weigh in here maybe not specific to open source contributions but just in general what inspired you to kind of get started with blockchain and once you started. What are the kind of language skills or framework skills that you personally acquired and you did mention that you there are a lot of certifications that you can take up to kind of test your knowledge of whatever you have learned. So just tell us a little bit about your journey as a developer. Okay, so my journey started way back I think in 2018. So at that time there was not a lot of resources out there in the public domain that could actually help you. I mean they were limited resources. Now I feel what is the best part about starting now is that there's a lot of awareness about the technology right as as it's like it's no longer. People don't associate blockchain with Bitcoin right now. So that phase is gone and we are ahead of that time. So it's very glad to see the industry progressing so the things are moving in a positive direction. So I feel for starting now there are many things as we already discussed and my journey was it was like I as I told you I started with Ethereum. I have done two POCs there and then it's like I personally like participating in tech events and initiatives right. So I have been a participant in many of the hackathons and it's very good to actually participate in these tech events because you come up with a problem statement and then you try to propose a solution to it. So in that way it's not just about blockchain you are designing a system end to end. As in if I pick any of the problem statement I have to really think that who would be my target audience why I'm designing this what issues are being what issues are being addressed by my solution and is it a good market fit or not. So if you want to get started I think one of the major things I feel has benefited me in my journey has been to participating in such tech events and hackathons. It's like it gives a wide exposure and then there are different teams with which you are competing. So you've got to know certain good ideas from various people right as and if I'm building something other person building something else and I can get to know okay these are some of the use cases which I can explore. So in that way it's a very insightful thing to participate in such events even if you don't win it the whole journey of participating is I think it's very much fruitful. So that is another thing which people can explore join the community in such tech events and then if you're stuck at any of the phase in your submission or in your participation feel free to reach out to any of the mentors or anyone there is a huge community that we have. The people who are there in this forum they are some of the best people to approach best people to approach I think these are some of the ways by which we can get started and yeah that way we can come up with actual use cases. So yeah so I think that would be like that's what I would say. Yeah I completely relate with you on that because that's kind of how I got started with blockchain as well through a hackathon and hackathons give you a lot of exposure to learn a lot in very very little time and I think the competitive spirit is also there the team spirit also comes into the picture and also I think yeah hackathons are a great way to get started and like you mentioned Hyperledger India challenges currently going on which is a global challenge and there's been India challenges as well in the past. The community at Hyperledger has been great so for anyone who's for our audience members who wish to kind of get involved there's a lot of there's a lot of scope for document creation being subject matter experts helping in organizing a lot of these local meetups that happen. Supporting the community members through the various Discord channels on any project be it Ares or Fabric or Indy or anything any issue that you face you can always help out your fellow developers on those channels so it's a very very open forum and I think I can say this from first hand experience because I was a newbie as well and I still consider myself a newbie. And I'm here today because I've been given this opportunity to be able to speak to all these amazing developers simply because I chose to get involved in the community and be very proactive about it by attending the meetups regularly and participating in a lot of community level discussions that do happen. So it is an open forum and open source is about taking that self initiative there is no end reward or end goal or no one's going to force you to do anything you just got to be really proactive and be passionate about the technology and be passionate about really helping people because at the end of the day when you help others you learn as well right. So I think that that's kind of what helped me, you know, get really hands on the blockchain and I'm sure this resonates with a lot of our panelists as well. So I think that that would be the wrap of the session it's been an absolutely wonderful treat to host all of you, Shweta, Nidhi, Ankita and Neha who unfortunately got dropped again. So the internet is not perfect clearly, but Web 3.0 is something that we can definitely look forward to and it's, you know, we can be one of the few early adapters to the technology and really get to be able to get really involved as a part of it. If that's something that we're really interested on. If there are any closing notes then please feel free to share as I'd like to hand it off to Arun and then to Prisley. It was great to be here talking to all the ladies out there. So thank you for the opportunity. Thanks Ankita. Neha, do we have you here? Okay, Shweta, Nidhi, any closing notes? Shweta, you're on mute. Thank you Hyperlizard India chapter giving me this opportunity. Thank you. We will meet again. Yeah, it's a pretty small but also really huge community. So yeah, we will definitely meet again. Prisley, do you want to or Nidhi, do you have anything to share? I just wanted to thank the Hyperlizard India chapter for organizing such an awesome event. Even it's very, I feel very privileged to interact with such awesome women out there and it's always good to interact with like-minded people. So yeah, it was an awesome conversation we had. Yeah, glad you really enjoyed it. I think me and Prisley and everyone else on the panel and our lovely audience enjoyed it a lot as well. Like I said, it's a huge community but if you choose to be involved, it can be a pretty close knit community as well. So do take part. It's going to be an awesome journey once you decide to get involved. Prisley, over to you. Yes, thank you, Epika. So as we are winding up our session today, we would like to thank all our panelists once again, Ankita, Neha, Nidhi and Shweta for taking time out of your busy schedule to be with us today and for sharing your valuable insights with us. Also, we would like to thank Hyperlizard India chapter and saying it's groups of institutions for providing opportunities for our communities to speak more about these upcoming technologies and to learn from one another. Also, thank you Arun, Jibril and Kalanesh and Vikram and everybody else who supported in organizing this event and putting it together. And a big thank you to all our lovely audience members for joining us today. Thank you all and have a great day. Thanks Prisley. I don't know about you. Yes, so as we are up for today's session, I just wanted to remind