 Hello, everyone. It's great to have you all here. Myself Vikram, I'm a Solutions Architect at HCL for Blockchain Technologies. So, I've been living blockchain for the last four years. I try to be active in the community as well, being part of Hyperledger India Chapter and Hyperledger Challenge or Hyperledger mentorship. So, I've been working in blockchain and trying to provide solutions to customers across the globe, across the industry. Now, I would say since last one year, Metaverse has come up and I see it quite linked with blockchain. Although, we will talk about that, how Metaverse is being perceived and how we perceive it and how it can be implemented with SSI tokenomics using blockchain. So, that is my topic for today. So, I was supposed to be joined by my colleague, but due to some unforeseen circumstances, I'm sure that he is with us virtually. So, to start with, how do we see Metaverse? So, we essentially perceive Metaverse as a necessary step towards evolution. So, enterprises, not organizations, enterprises have wanted to improve customer experience. It started with in-person, it's not easy to acquire customers as you all know. So, enterprises wanted to give better experience to their customers. So, it started with in-person, then the mobile came into picture, the e-mails came into picture, the web came into picture. So, they had to customize that, make their experience better on those platforms, and then came the chatbots. So, that allowed those enterprises to connect with their customers more in-person. But then the Metaverse, which is actually the next level of, or the next evolution of channel applications, because it provides them with an opportunity to connect with them in-person without being limited by their presence across the globe wherever they are. So, essentially, we are moving from flat screens to head-mounted displays, 2D applications to 3D environments. So, here is the market outlook of how many of those analysts and experts see or perceive Metaverse growing. So, for example, in 2021 itself, $13 billion were invested into venture capital funds for Metaverse. This year itself, in the first five months, there was about investment of $120 billion. So, that's a significant improvement over the last year. Then some analysts have put up a figure as big as $5 trillion by 2030, as an impact of Metaverse. When it comes to the users, whether it's healthcare or gaming, 59 percent of the users want to experience Metaverse, while 79 percent of the people spend their money, bought something just because they wanted to experience Metaverse. So, they went into Metaverse and they wanted to buy something. So, around 79 percent, a big figure. So, that's what customers are being translated. So, they have bought something, and then it's also perceived that by 2030, 50 percent of the events, maybe by 2030, we all at Global Forum would be meeting virtually and in-person, I suppose, and connecting with each other, the networking would also happen that way. So, that is how I believe it would move out. So, when it comes to what all makes Metaverse. So, there are various components, there could be, these are some of them, because it's Metaverse, so Metaverse meaning it is a replica of the real world. So, that means n number of components can come into picture. But essentially, AI is important because that would give you that human behavior, how you react in the real world, so imitating the same in the virtual world. So, that is where you need artificial intelligence, because not everything can be coded. Second part is, you need ARVR for the immersive experience to feel that real image. Then, you need Web 3 for decentralization, you need blockchain to manage your assets, identify them. Identity is very important. It could be your centralized identity or it could be a self-sorbent identity. As we will talk about during the course of this. Then, apart from managing assets, you need trust. So, that trust can come from blockchain, because you could manage assets, we have been managing assets without blockchain as well, but with blockchain comes the trust, right? And then comes the infrastructure part. Infrastructure would have your network, 5G, that would help us a lot. Then, we need those edge devices, and not just edge devices, we need secure edge devices, so maybe we'll venture into confidential computing, trusted execution environments, right? And then, we need 3D content creation, right? So, you would need tools to actually map out the spaces, the layouts, right? So, that's where the 3D content creation would come into picture. And finally, human interface. Now, human interface sounds a bit different, but why human interface? Because that UX approach, the human-based UX approach is required if you are building this. Because when we started with Web 2.0, when we started creating applications, the idea was to sell, okay? I'm selling you this. Or maybe the idea was that because there are less middlemen involved, or maybe no middlemen involved, you will get things for cheaper, because the infrastructure cost was low. But then came the idea that, okay, yes, we are doing that, but competition is also doing that. So, we should provide them better experience, right? So, they started with human-centric approach, or the design-thinking approach. So, that is what is again needed when you're designing a Metaverse Components. Now, coming on to the world of possibilities. Obviously, they are endless. You know, what we can do in this world, I don't think we can catalog it. It's not that easy to do. And if we start cataloging, I think it would be years before we could catalog what all as people we can do and what are the opportunities. But at this juncture, at this point, looking at some of those sectors, looking at life sciences. So, in life sciences, first is collaborative working. So, that is very much required, because collaboration would mean that you are again not limited by your geo-presence. So, collaboration would be quite easier, and creating digital twins and working with those health workers. And then, second is education. Getting education from a celebrity surgeon or a celebrity doctor. We would all want that, right? So, you will have access to them, those experts you will have access to. And not just over a call or over a video conference, but you could actually do things with them, right? Using Metaverse, you can actually operate on a dummy, right? You could actually do that. So, you can learn from the expert how to go about this. And that can't be just taught in 2D or flat screen videos. So, that is where the application is coming up. We are working with some of those companies towards these solutions. Then, clinical care. Wellness. Wellness is a very good example, because I know that I get a call from my wellness consultant. So, she calls me, questions me, how are you doing? Are you maintaining your weight? Are you eating good? Are you doing this? So, I don't know, not all the questions I answer truthfully, because it's not easy to lie, right? So, but still, we try to. So, that can be avoided. That, because if it was happening in Metaverse, you could actually see, right? I'm not saying that my avatar, but the real-life persona, if you could develop using IoT and Edge devices, if the sensors were there, they would give her the true value. So, that is what I'm talking about, that my BMI, not what I'm saying my BMI is, but my actual BMI using those sensors. If that goes out to her, so that way, they can better coach me. So, my wellness coach can help me. But yes, right now, we are limited. So, that is a good scope when it comes to Metaverse. Then, moving on to banking and insurance. Banking, any new innovation that comes in, finance, FS industry is always there first, right? So, banking, because they deal with so much money. So, essentially, virtual banks are coming up. But yes, there are certain challenges also, not just that opportunities, but some of the banks have a challenge around regulations that regulations are still not clear. But still, there are workarounds and there are still things that banks can achieve. For example, banks are coming up with lounges where they can at least meet their clients, greet their clients, explain them a few things, not sell them, maybe explain them, right? So, those lounges are helping them. Then, obviously, the account opening can still be done. Obviously, regulations are a challenge, but at least they can start giving that experience. They can start getting on board, right? So, with blockchain, they have option of KYC. So, we'll see in a demo later during this presentation. But essentially, they could use, they can open up new accounts. They can do KYC. They can do financial consultation. So, opportunities are again endless. Even mortgages based on metaverse real estate, not the real estate, on the metaverse real estate, right? Because I was reading the news and then I saw that a metaverse, value of land in a metaverse doubled in a matter of a couple of months. So, those can again be mortgaged, right? So, that is again a good opportunity. And then the product launch events, right? So, product launch events like, for example, Apple had one, right? So, those kind of events can be done on metaverse and will be done on metaverse. And I don't think it's a matter of even years. I suppose by next year or something, at least you would see some product launches happening. There are, they are happening right now as well, but still on a very limited scale. But I see that happening a lot. And then, coming on to media, entertainment public office, first thing that comes to mind is real estate development. Develop property on virtual lands, so that is happening. And that's a very good example of what can be achieved. Then concerts and live events, I know how hard it must be for all of us when we were booking our hotels, especially around the global forum and with all those concerts happening. Wouldn't we have loved that some of those concerts were happening maybe virtually? We would have easier gotten a nearby hotel, right? Then trade shows, exhibitions, and then public private offices coming up. Yesterday I was listening to someone, they were mentioning that there are players in the market who offer you office space where you can all sit together, work together virtually. And if you switch off, and you can mention that it's a private conversation or office conversation so that others can listen in, right? So there are so much innovations happening. Then in terms of retail and CPG stores, so in retail, recently with the advent of NFTs, many of those organizations, many of the retail players have launched NFTs. Not for the purpose of selling those NFTs, but as increasing customer connect or customer, what I would say, not connect, but engagement, yes. For getting customer engagement. So they have launched many of the pizza players and others have launched NFTs for their customers. And then obviously buying, selling, or leasing products using crypto wallets. So that's again one of the things. Now, what are the problems? What problems do we see in metaverse? Right now, there are numerous metaverses. Everyone has their own way of working. Obviously metaverse is a new thing. So the standards, while there is a standards group, but it is still quite early I suppose. And in the latest hype cycle, Gardner has put it at ten years until it reaches maturity. But otherwise, in terms of limitations to mention some of them would be centralized metaverses that lead to limited user experience. Because the numerous have come up, but the opportunities for customers are still low. Because there is still a central party to it who's controlling your experience. So whatever they can think of, whatever they can innovate, you are limited by that, right? So, but if it was truly decentralized, think of the things that you could do. And how many people could contribute to those experiences? So that is one thing. Then non-universal identities that we foresee is again a challenge. So that is where I came up with this topic that we should do self-serve and identity because right now most of the metaverses, they are relying on non-universal identities. If you want to come on my metaverse, create an account here. If you want to get on to the second metaverse, create account there. So that's not really something that we would want to happen, right? So we would want that, I create my identity and I use my identity everywhere, it should be universal identity. Then, siloed and less secure metaverse currencies. So within metaverse, we spend a good fortune to buy those currency in the right. And in most cases, it may be even more than the US dollar, right? So in that case, we would want those currencies to be secure. And it's not always based on a blockchain, right? Now we trust blockchain because it has proved itself. It is computationally trustworthy, right? So that is where we trust blockchain, right? The consensus mechanism of blockchain. So those metaverses, some majority of them are still not blockchain based. So that is where we see that there is a challenge. Then, obviously interoperability, so interoperability. Because this question I get from many customers and even in the community that, okay, from the, whoever is joining knew that. We are creating, I'm playing a gun, I'm playing in metaverse, I got a gun. Why can't I use the same gun in my other metaverse, right? Obviously, you can't do that and there is logic behind it. But no one is stopping anyone from asking a question. So essentially, I always tell them, yes, you got a gun in, but you spent good amount of time playing a game and that's how you got that gun. And if you take that gun onto the other game, then how would they decide at which level you should be able to use? How would they be able to decide? So yes, those kind of things would always remain. But essentially, but if someone wanted to take that as a decoration and put it in their house in a different metaverse, so what's stopping them, why not? So that is definitely one of the things that interoperability could help them do. And then privacy and data security. So privacy and data security in terms of right now, what I'm doing, whatever my behavior is in metaverse, gets collected. And then based on that, my persona is created. Obviously, as I mentioned, AI is one of the important components which tells you that how I will react to a certain situation. But it's not always good that it gets noted. So it has to be based on my consent, it has to be based on numerous other factors. So those factors of privacy and data security are still lacking at this point. So these are some of the challenges. So we tried to look at some of the challenges exist. But can we solve them using blockchain? Can we solve them using a custom solution? So that is where we see, the first question is, is blockchain really required when it comes to metaverse? If you ask me, definitely you need blockchain and without blockchain. I don't perceive it as metaverse. I still perceive it as an immersive experience or an AR VR application. Because you need blockchain, that's where it becomes metaverse. You need web 3.0 to fuel that metaverse. So that is our opinion, right? So I'll take that point by point. First of all, what metaverse needs? Metaverse, the first thing that I said, it is based on a centralized infrastructure, based on that application. So that means that it was limited. But if it is decentralized, it can go beyond. So that is where you need blockchain because blockchain provides you that decentralized nature. Just like in a real world, you need self-control identity. Web 3 can provide you that self-controlled identity. You need blockchain for that. Provide that secure and trustworthy money to run virtual economy. Blockchain based tokens are trusted because it goes to certain consensus mechanisms. And they have proved themselves, right? Then every asset can be traced, identified, and its ownership be tracked. So that is what we need from a metaverse, correct? So blockchain again, in terms of supply chain, in terms of NFT, blockchain has proved itself. That is where we believe that blockchain is required when you want to do metaverse. So I'll start with the solution approach, that how we foresee that your solution should be. The very first should be you have to lay down a foundation. I know 100% decentralization is still utopia. And I'm presenting that utopia, but part of it we should aim for, right? So my thought is that we should design with the approach in mind, which would be that utopia. Maybe we don't have the tools right now. It's okay to not have all the tools right now. But you should lay down the foundation so that tomorrow when you want to move, you should be able to move. First is you should have decentralized foundation. So that would mean that for any true metaverse, the Blaze platform has to be decentralized, right? So whatever decentralized mechanism that you can use, you can use blockchain, right? So you can use things like even your peer to peer file systems. So those things we should rely on as a decentralized foundation. Then on top, it should be decentralized identity. Again, based on blockchain. And then comes the metaverse part that where the metaverse is now ready, where you have your AI, but to fuel those transactions, you again need tokenomics that comes from blockchain. So this is the approach that we have taken when it comes to metaverse. I'll explain you how I perceive this, how to implement it. That part also I'm going to cover in the upcoming slides. But what are the hyperledger projects or tools that we believe can help us? The very first one is hyperledger fabric. It is an open source initiative that builds trust. Because first thing that you need is you should be able to trust, okay, whatever has been written, right? So if it is a closed blockchain that you don't have the code, then that means you trust it less. It doesn't necessarily have to be free, but it has to be open source. So that it builds that level of trust in what has been written, right? The second part is purpose built for varied enterprise needs. It has to be purpose built. It should not be that I'm using a blockchain that was meant for something else and I'm trying to do something else with that. So that should not be a case. Then hyperledger fabric is by far a leader when it comes to enterprise blockchain implementations. So that's why I chose hyperledger fabric. Then the second part is hyperledger Indi. Again a purpose built solution, again an open source start, right? So it provides you that decentralized identity and it was meant for that. It was exclusively built for that purpose of providing you decentralized identity. So that is where we choose Indi and third is Aries. So Aries came out of Indi. Aries was initially part of Indi. Aries, Ursa and Indi all were one. But then we bifurcated them, we decoupled them. But they say, and that's spanned from the idea that Aries should act as a wallet, not just for your Indi and identity requirements, for other blockchains as well. So that was the idea behind Aries, right? So that is where we have picked Aries and took it to the next level, where it can not only deal with your identity but also with your tokens. So we'll talk about that in the upcoming slides. But before that, we'll talk about what all we use, right? Again, some of the things I'll be repeating. Hyperledger Indi purposefully built for identity, decentralized identity. So we are using that. The second is we created an IP for tokenization. So this tokenization solution is compatible with multiple blockchains, right? So Hyperledger Fabric being one of them for your tokenomics. All the token transactions, be it your fungible tokens, non-fungible tokens, your utility tokens, your access tokens, or even your data tokens. So it can take care of that part, right? So because right now, if I look at the hype, people know about non-fungible tokens a lot, although many of you sitting here, although you know about fungible tokens as well, which are equivalent to your fiat currency. Then we have our utility tokens. So if you own a token, that means you can get that service, right? So they are meant for that. So for example, you buy a subscription. Let's suppose you get a subscription for Netflix, right? So that subscription essentially can be translated into a token. And if you possess it, that would mean that you can access Netflix services. The fourth point would be, fourth type of token is your data token. Where you see that when we walk into maybe a hotel, sometimes they take a copy of your credit card for their needs for their office records. So that definitely is a place where your data and sensitive data becomes vulnerable. So that is where banks and other institutions are investing into data tokens so that when you have to store that information, you only store the token, not the data linked with the token. And data resides somewhere secure in a secure place. But whatever you wanted to do with that sensitive data, you could still do with that token. But token will not expose all the details, but give you that utility. So that is where data tokens are quite important for that abstraction. Then Aries wallet, so it is now not Aries anymore, it is now Aries plus, which means that it can handle your identity and token requirements. And it will integrate with multiple blockchains, not just Hyperledger Indy. And then cross-platform connectivity, as I mentioned that with Aries, plus we will get connectivity to multiple blockchain engines, not just one. And then the thought process behind this solution that we call Metafinity, it's about applicability across multiple universes, creating avatar as a service. So I'll show you a demo where we created an avatar for me as well. A bit more here, but yes, it's still me. And then architected as a composition of reusable components. So these were the thought process, this was the thought process that we had in mind when we built that solution. Now, as I mentioned, specialized blockchains that fit the purpose. So you have your users on one end, they're interacting with the Aries wallet. This is the Aries plus wallet where you have Aries. But it is taking care of your identity and token needs. It could be your personal smartphone or a device, or it could be a web agent, right? Then for identity, you have your identity blockchain specifically built for purpose. Then you have your token and transaction ledger blockchains. It could be Fabric, it could be Corda, Corum, or even Ethereum. The possibilities are endless, but they all were built in a different way, right? Hyperledger Fabric works in a completely different manner from how Ethereum works. Same goes for Corda. Corda has a completely different architecture, completely different outlook when it comes to blockchain, right? But Aries plus, that's why we call it Aries plus. It can connect with all these different platforms and still give you the power of Indi. It can connect all of them using Indi. It could be a scenario where you're using all of them. You could be using all of them. Maybe not within single metaverse, but maybe with different metaverses. Having the one identity coming from Indi and connecting all of your metaverses being used in different blockchain protocols at the bottom. So this is a double click of the same image. But here we have taken the example of Indi Aries and Fabric with metaverse. So I left out the part of rest of the blockchains. So concentrating here, you would see that at the bottom, at the base, which is common, which is Hyperledger Indi. And then on top, you have your metaverse, right? And that metaverse is using Hyperledger Fabric. Now you could replace Hyperledger Fabric with any other blockchain, but Indi will remain your constant. That will be your identity. Your identity has to be common. Rest things can change. What tokens, who is offering on which blockchain doesn't really matter. What matters is if you have one identity, if I am one person, which shop I walk into doesn't really matter, right? So that is the idea behind this one. And then we have Aries Plus. This is the Aries Wallet, Aries Plus Wallet. It has, at the bottom, it has Hyperledger Aries. All the features which it has, it's direct integration with Hyperledger Indi. And in addition to that, we have built various plugins for the purpose. For example, for Fabric, there is a plugin specific for Coda, there is an authorization plugin. Go Quorum, again, there is an authorization plugin and custodial wallet integration for your public blockchain requirements. So that is what we have built into this. And this is how we see that a solution for a metaverse can be built. Now, for example, if I talk about Go Quorum, Go Quorum has a feature for multi-tenancy where you can have one server being used by multiple enterprises, right? So that is what they have multi-tenancy, you know? So that can be connected using this wallet via an authorization server. If you talk about Coda, again, the same logic could be that, that you can connect using your OAuth technologies. You can connect to that authorization server using this wallet. And then it gets connected to your Coda node, right? You could be using accounts in Coda, right? So that is what you could do with this. Now, how it happens? How will it happen? How will a flow of transaction happen in this case? So first of all, as an Ares wallet user, let's suppose I'm there. So what I'll do is I'll connect with Hyperledger Indy, right? So that part is given. I'll connect with an organization, let's say I have a relationship with a bank. For the sake of example, let's call it Old Bank. So there is an Old Bank where I'm an existing customer. I can walk up to them and I can get verified credentials from them. How it happens? I'll install an application on my mobile phone. That would be my mobile agent. Using that, I'll establish a relationship with that Old Bank. And obviously, I would have maybe a portal where I can log in to that bank application. And they would have an option for block KYC, that blockchain-based KYC. I click over there and they'll give me a QR code, I scan it. My relationship is established on this Ares wallet. I request for credentials. They send me, I accept it. The job done. I get my verifiable credentials. That's the first part. Second is, how do I connect with Hyperledger Fabric? So that's what happens in the next step, where the bank or the Metaverse is also connected with Indie. They have also published their public data on Indie. They have given you an option, okay, how you can connect with me. So I connect with that bank using Ares and Indie platform. Till now, Fabric is not there. But the moment my credentials are verified by the new bank or maybe the bank at the Metaverse, completely different bank, call it a new bank, once they have been established, then they can register me with Fabric. And then Ares wallet would now hold the key. Ares wallet will hold my certificate so that I can sign the transactions. Ares wallet will have that, right? Not with the bank, not with anyone else, but my wallet in my mobile will have that key. And then once that part is done, then next part is I want to buy an NFT. So what I'll do is I'll walk into that bank. I'll say I want to buy this NFT or maybe I'm not walking into a bank, maybe walking virtually, right? I'm still sitting at my home. But getting the feel that I'm walked into a bank, I want to buy an NFT. So that bank will create a draft proposal of a transaction and send to my Ares wallet. They will hit me. And then once I have received that, okay, if I want to buy, I need to approve it. I need to sign this transaction. So that is what Ares will do and send it directly to Fabric. And once the Hyperledger Fabric has received your transaction via a client, then your transaction happens and you get that NFT. So this is how we perceive that the solution for Metaverse can be done using Hyperledger Indy, Metaverse and Fabric. This is how Ares connects all of them. So for some of you, getting a bit more into detail of how it happens technically. So first part is a transaction has to be initiated. So Ares wallet, using that Hyperledger Fabric plugin would initiate a transaction that would say, okay, I want to buy this NFT. It would have those details. Then a transaction proposal would be created. A proposal gets signed, unsigned transaction comes to us. That transaction gets sent back. So it's a three-step process, at least. So then after I've initiated that, yes, after I've given my consent that I want to do this. So then that transaction is created, are submitted. Then finally, I have to sign the, signed transaction has to flow into Hyperledger Fabric. And finally, you would have your NFT. It may be in a bit more detail than the business session at the whole set, but yes. So this is how it happens. Coming on to key benefits. Again, repeating the same thing that it is trustworthy, unique and universal SSI, which I have been talking about. Then the transparency and decentralization is a must when you're creating a metaverse. It has to be secure. It has to be that trustworthy. It has to be fraud less, right? So that is where we need blockchain. And finally, it has to, it is a immutable proof of digital ownership. So I don't want to spend millions of dollars buying an NFT and tomorrow figuring out, oh, sorry, I made a mistake or there was a hack at that place. So I lost my NFT, so you don't want to do that, right? So that is where you need blockchain and it can be easily done via blockchain. Nothing to prove there, right? And then finally, what were the key challenges and takeaways? So the first challenge was there was no out-of-the-box solution available to connect. These different blockchains to Hyperledger Aries, right? So Aries is there. It connects with Indie beautifully. There are certain people who have done some experiments on it, connected with Fabric. But we need a common solution, a standard solution that was not there. So we had to come up with that approach. How, it's about inventing the wheel. I don't know if I reinvented it, but I would consider inventing a wheel. Then the second part is creating those plugins and connectors that are required. Again, the standardization does not exist at the moment. So we created a design and obviously it can go through several evolvement cycle, but otherwise, we created that design and it works. I'll show you a working demo of the same. Then different skill set required for different blockchains. Hyperledger Fabric, if I'm working, I need maybe Java, Go, or not JS. I move on to Korda. I need Kotlin or Java again. If I move on to Ethereum, I need Solidity. If I move on to Go Corum, again, I need Solidity and Go. With each blockchain, the skill set required is different. So that is, again, one of the challenges you one could face. And finally, extending Aries. So Aries has a key management solution in-built, right? Aries manages your key when it's already. So extending that to manage your other keys. So for example, if I'm working with, let's suppose, Ethereum, I'm connecting Aries with Ethereum, so how would it go about? I would need to manage that key. I could use a custodial wallet. And with custodial wallet, they give you the feature that, okay, you need three keys to actually do a transaction. While two of the keys may be kept with the custodial custody provider, and you need one key, obviously, you'll have a master key. So save that key, your part of the key, in the Aries wallet. So that is how you can go about it. Then take-aways, obviously, Metaverse is the future. Some may say that it may take a few years to materialize, but definitely it is something that businesses or enterprises cannot live without. When I say enterprise, I don't just mean your e-commerce portals or your retail chains. Even your social media apps, right? So they also can't live without Metaverse because we have tested the Metaverse and now we can't live without. Then you need then obviously a blockchain-based platform, a blockchain-based, not just the tokens, but the identity as well. So both go hand-in-hand. Then that's how we will trust the system. And finally, Hyperledger projects like Indie, Aries, Ursa, and Fabric, those are definitely the ones that are worth mentioning that they provide you that solution that we are looking for in the trust. And again, because Hyperledger Fabric has about 45%, more than 45% of enterprise blockchain share. So that means if you're building something using Hyperledger Stack, it's easier to connect with multiple enterprises because your horizon will be big. You'll be able to adapt to multiple enterprises because they would have already been using one of the Hyperledger Stack, right? So that is about the presentation. I'll move on to the demo part. Just give me a sec. Please select avatar of your choice and enter into the virtual world to experience... Hello. Welcome to Digital First Bank. I want to open a digital account with DFB. I want it both crypto asset account and regular fiat currency account. Please select an appropriate service you wish to avail from the screen. Like when I'm opening an account, I wanted both parts. I wanted the crypto account as well as my regular savings account. Thank you. Please wait a while. I will get an RM to assist you shortly. This believes me or not, this is me. This relationship manager is here. Welcome, Gino. You have made a wise choice to opt for a crypto plus account which offers a digital savings account and a crypto wallet. We also support block KYC credentials which allows you to get onboarded with us instantly. Please click on the appropriate option on the display panel on your right to know more. The goal is our identity solution and download a map, scan the QR code and... Block KYC credentials issued by your last employer are required to fast-track KYC process. Please proceed to the kiosk in the lobby to proceed. They want to do regular KYC which may take three to five days or they want to get onboard quickly. So, providing... KYC backend process initiated. So that they can receive the QR code and, you know, offline go and scan it, right? So that part is still required. So there is no solution at the moment to, you know, do that to play with your mobile within the... Your KYC verification is complete. Welcome to DFB. We have triggered a reward of DFB token as a token of welcome gift. You can redeem them in participating avenues. So you can see the account balance is there. You could see account balance as well as your crypto balance. The user receives the notifications that your account has been credited with USD $20,000. So because it's a savings account, someone, you know, using their old bank, you know, they sent $20,000 to this new account. So that gets credited. You can see the Ubol coin balance. Ubol is, you know, our platform for tokenization. So Ubol coin balance is nil. This is the wallet ID. And this is your NFT account because bank had issued one NFT, right? So that is where, you know, it currently stands. Now user would want to buy something, you know. Using the amount credited in his account, he does a transfer of USD $10,000 from his account. So $10,000 worth, you know, transferred from savings account to the crypto wallet to the Ubol coin balance, one USD. The user uses the wallet amount to purchase NFT worth 1,000 Ubol coins. So the NFT is to Ubol coin balance goes to 9,000. The unification of blockchain and the metaverse presence opportunities for various line of businesses. Block KYC is just scratching the surface. Thank you for watching. Yes, thank you. Any questions? Yes, please. So right now, I'm not 100% sure, you know, of those requirements, but yes, because, you know, blockchain is being implemented. Anyone, you know, with Hyperlending, even within European Union, we are doing some, you know, things around identity. So some of our customers within European Union, you know, they are playing with this and they are experimenting with it. So, and, you know, the purpose has been achieved. The legal aspect is, you know, we are still going through that part. So we'll get to know more, you know, soon. Yes, please. Yes. Yes. So, yeah, so please, please finish. Okay. So standards, I believe, yes, you know, standards are important. Yes. So essentially standards are definitely important, but I suppose that utility will drive those standards. If we wait for standards to come and then, you know, go on to utility, standards will not evolve because, you know, that, you know, demand from customers, that, right? So that drives innovation. So that is where my belief is that, yes, you know, right now, if I talk about interoperability, it is there to some extent, some degree it is already there in terms of, you know, parachains, relay chains, side chains, and also bridges, right? So they are allowing you to do that, but yes, it has not achieved a place where you could call that, yes, it has been, you know, matured and standardized. It will take a while before we reach there, but that will not stop us from innovating and, you know, using that, because that is what will drive more innovation into it and that requirement will drive those standards. Otherwise, you know, as you know, that most of the technologies were built because there was a demand, huge demand and businesses could not live without, so they had to develop those standards. So I believe, you know, that way, you know, it would work out. Yes, please. Right now they are proprietary. Yes, I'm working on them. Yes, because as I said, you know, the trust would come from that, you know, open source part, right? So yes, any other questions? Okay, thank you. Thank you all.