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you<00:00:09.120><c> have</c><00:00:09.240><c> about</c><00:00:09.639><c> you</c><00:00:09.760><c> have</c><00:00:09.880><c> a</c><00:00:09.960><c> whole</c><00:00:10.120><c> bunch</c><00:00:10.280><c> of</c>

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you have about you have a whole bunch of
 

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you have about you have a whole bunch of
school<00:00:10.840><c> connectivity</c><00:00:11.480><c> content</c><00:00:11.880><c> coming</c><00:00:12.120><c> up</c>

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school connectivity content coming up
 

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school connectivity content coming up
for<00:00:12.400><c> the</c><00:00:12.559><c> next</c><00:00:13.360><c> few</c><00:00:13.879><c> presentations</c><00:00:14.879><c> and</c><00:00:15.000><c> the</c>

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for the next few presentations and the
 

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for the next few presentations and the
reason<00:00:16.400><c> that</c><00:00:16.640><c> I'm</c><00:00:16.760><c> so</c><00:00:16.920><c> excited</c><00:00:17.240><c> to</c><00:00:17.320><c> be</c><00:00:17.520><c> here</c><00:00:18.240><c> um</c>

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reason that I'm so excited to be here um
 

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reason that I'm so excited to be here um
is<00:00:18.520><c> that</c><00:00:18.680><c> we've</c><00:00:18.840><c> had</c><00:00:18.960><c> a</c><00:00:19.080><c> long</c><00:00:19.519><c> collaboration</c>

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is that we've had a long collaboration
 

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is that we've had a long collaboration
with<00:00:20.720><c> the</c><00:00:20.840><c> ethereum</c><00:00:21.320><c> foundation</c><00:00:22.039><c> with</c><00:00:22.199><c> the</c>

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with the ethereum foundation with the
 

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with the ethereum foundation with the
community<00:00:22.720><c> of</c><00:00:22.840><c> Builders</c><00:00:23.760><c> here</c><00:00:24.720><c> um</c>

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community of Builders here um
 

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community of Builders here um
and<00:00:26.800><c> over</c><00:00:26.960><c> the</c><00:00:27.119><c> last</c><00:00:27.359><c> six</c><00:00:27.560><c> or</c><00:00:27.720><c> seven</c><00:00:28.080><c> years</c>

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and over the last six or seven years
 

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and over the last six or seven years
we've<00:00:29.320><c> come</c><00:00:29.480><c> to</c><00:00:29.599><c> a</c><00:00:29.720><c> place</c><00:00:30.000><c> where</c><00:00:30.119><c> we're</c><00:00:30.279><c> able</c>

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we've come to a place where we're able
 

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we've come to a place where we're able
as<00:00:30.560><c> a</c><00:00:30.720><c> project</c><00:00:30.960><c> to</c><00:00:31.080><c> talk</c><00:00:31.240><c> about</c><00:00:31.400><c> some</c><00:00:31.560><c> really</c>

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as a project to talk about some really
 

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as a project to talk about some really
exciting<00:00:32.160><c> things</c><00:00:32.360><c> in</c><00:00:32.520><c> deep</c><00:00:32.759><c> in</c><00:00:33.160><c> just</c><00:00:33.280><c> want</c><00:00:33.399><c> to</c>

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exciting things in deep in just want to
 

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exciting things in deep in just want to
ask<00:00:33.719><c> about</c><00:00:33.920><c> my</c><00:00:34.079><c> timer</c><00:00:34.360><c> I</c><00:00:34.440><c> think</c><00:00:34.559><c> the</c><00:00:34.640><c> timer's</c>

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ask about my timer I think the timer's
 

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ask about my timer I think the timer's
off<00:00:35.200><c> by</c><00:00:35.360><c> a</c><00:00:35.440><c> little</c><00:00:35.600><c> bit</c><00:00:36.760><c> um</c><00:00:37.760><c> I</c><00:00:37.879><c> wanted</c><00:00:38.079><c> to</c><00:00:38.200><c> show</c>

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off by a little bit um I wanted to show
 

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off by a little bit um I wanted to show
you<00:00:38.719><c> this</c><00:00:39.200><c> picture</c><00:00:40.200><c> this</c><00:00:40.320><c> is</c><00:00:40.399><c> a</c><00:00:40.559><c> picture</c><00:00:40.800><c> of</c>

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you this picture this is a picture of
 

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you this picture this is a picture of
school<00:00:41.360><c> connectivity</c><00:00:41.920><c> this</c><00:00:42.000><c> is</c><00:00:42.120><c> a</c><00:00:42.200><c> picture</c><00:00:42.399><c> of</c>

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school connectivity this is a picture of
 

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school connectivity this is a picture of
school<00:00:42.719><c> connectivity</c><00:00:43.239><c> in</c><00:00:43.440><c> Panama</c><00:00:44.440><c> um</c><00:00:44.879><c> each</c>

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school connectivity in Panama um each
 

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school connectivity in Panama um each
dot<00:00:45.360><c> is</c><00:00:45.440><c> a</c><00:00:45.600><c> school</c><00:00:45.879><c> on</c><00:00:46.079><c> here</c><00:00:46.239><c> the</c><00:00:46.360><c> red</c><00:00:46.520><c> dots</c><00:00:46.719><c> are</c>

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dot is a school on here the red dots are
 

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dot is a school on here the red dots are
schools<00:00:47.160><c> that</c><00:00:47.280><c> are</c><00:00:47.559><c> not</c><00:00:47.800><c> connected</c><00:00:48.160><c> to</c><00:00:48.280><c> the</c>

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schools that are not connected to the
 

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schools that are not connected to the
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internet the green dots are schools that
 

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internet the green dots are schools that
are<00:00:50.760><c> connected</c><00:00:51.120><c> to</c><00:00:51.280><c> the</c><00:00:51.399><c> internet</c><00:00:52.280><c> and</c><00:00:52.640><c> this</c>

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are connected to the internet and this
 

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are connected to the internet and this
is<00:00:53.359><c> the</c><00:00:53.640><c> type</c><00:00:53.840><c> of</c><00:00:54.160><c> map</c><00:00:54.359><c> and</c><00:00:54.559><c> data</c><00:00:54.840><c> that</c><00:00:54.960><c> our</c>

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is the type of map and data that our
 

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is the type of map and data that our
project<00:00:55.480><c> generates</c><00:00:55.920><c> about</c><00:00:56.160><c> the</c><00:00:56.280><c> world</c><00:00:57.199><c> um</c>

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project generates about the world um
 

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project generates about the world um
it's<00:00:57.640><c> the</c><00:00:57.760><c> first</c><00:00:57.960><c> time</c><00:00:58.160><c> that</c><00:00:58.280><c> we've</c><00:00:58.440><c> ever</c><00:00:58.640><c> been</c>

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it's the first time that we've ever been
 

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it's the first time that we've ever been
able<00:00:58.879><c> to</c><00:00:59.000><c> see</c><00:00:59.160><c> the</c><00:00:59.239><c> world</c><00:00:59.440><c> through</c><00:00:59.640><c> the</c><00:00:59.719><c> map</c>

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able to see the world through the map
 

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able to see the world through the map
map<00:01:00.239><c> of</c><00:01:00.359><c> digital</c><00:01:01.039><c> infrastructure</c><00:01:01.840><c> we</c><00:01:01.960><c> have</c>

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map of digital infrastructure we have
 

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map of digital infrastructure we have
this<00:01:02.280><c> map</c><00:01:02.600><c> now</c><00:01:02.840><c> for</c><00:01:03.480><c> about</c><00:01:03.800><c> 40</c><00:01:04.199><c> countries</c><00:01:05.080><c> um</c>

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this map now for about 40 countries um
 

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this map now for about 40 countries um
and<00:01:05.280><c> you're</c><00:01:05.400><c> able</c><00:01:05.600><c> to</c><00:01:05.720><c> see</c><00:01:05.960><c> in</c><00:01:06.119><c> real</c><00:01:06.400><c> time</c>

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and you're able to see in real time
 

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and you're able to see in real time
whether<00:01:06.920><c> or</c><00:01:07.040><c> not</c><00:01:07.200><c> human</c><00:01:07.439><c> beings</c><00:01:07.680><c> are</c>

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whether or not human beings are
 

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whether or not human beings are
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connected to the internet and that's
 

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connected to the internet and that's
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really important and I'll tell you why
 

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really important and I'll tell you why
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it's important um about a third of
 

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it's important um about a third of
people<00:01:14.759><c> in</c><00:01:14.840><c> the</c><00:01:14.920><c> world</c><00:01:15.240><c> have</c><00:01:15.439><c> no</c><00:01:15.640><c> internet</c>

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people in the world have no internet
 

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people in the world have no internet
connection<00:01:17.119><c> at</c><00:01:17.439><c> all</c><00:01:18.200><c> that</c><00:01:18.320><c> means</c><00:01:18.600><c> that</c>

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connection at all that means that
 

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connection at all that means that
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they're not able we just heard in the
 

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they're not able we just heard in the
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last presentation about the lack of
 

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last presentation about the lack of
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nodes in Africa for example um if you
 

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nodes in Africa for example um if you
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don't have internet if you don't have
 

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don't have internet if you don't have
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access to gigabytes uh you're not able
 

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access to gigabytes uh you're not able
to<00:01:27.960><c> be</c><00:01:28.119><c> part</c><00:01:28.280><c> of</c><00:01:28.439><c> the</c><00:01:28.600><c> economy</c><00:01:28.960><c> that</c><00:01:29.079><c> we're</c><00:01:29.240><c> all</c>

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to be part of the economy that we're all
 

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to be part of the economy that we're all
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talking about over the last few
 

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talking about over the last few
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days and more than half of the world's
 

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days and more than half of the world's
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schools particularly don't have this
 

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schools particularly don't have this
access<00:01:37.040><c> our</c><00:01:37.280><c> project</c><00:01:37.520><c> is</c><00:01:37.640><c> called</c><00:01:37.880><c> Giga</c><00:01:38.320><c> it's</c><00:01:38.439><c> a</c>

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access our project is called Giga it's a
 

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access our project is called Giga it's a
collaboration<00:01:39.200><c> between</c><00:01:39.520><c> UNICEF</c><00:01:40.240><c> and</c><00:01:40.360><c> the</c>

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collaboration between UNICEF and the
 

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collaboration between UNICEF and the
international<00:01:40.920><c> telecommunications</c><00:01:41.799><c> Union</c>

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international telecommunications Union
 

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international telecommunications Union
and<00:01:42.560><c> we</c><00:01:42.720><c> focus</c><00:01:43.320><c> specifically</c><00:01:44.280><c> on</c><00:01:44.439><c> making</c><00:01:44.680><c> sure</c>

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and we focus specifically on making sure
 

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and we focus specifically on making sure
that<00:01:45.040><c> schools</c><00:01:45.399><c> are</c><00:01:46.000><c> connected</c><00:01:47.000><c> um</c><00:01:47.600><c> we've</c><00:01:47.759><c> been</c>

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that schools are connected um we've been
 

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that schools are connected um we've been
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around for about five years we've
 

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around for about five years we've
connected<00:01:49.920><c> in</c><00:01:50.040><c> the</c><00:01:50.240><c> last</c><00:01:50.439><c> two</c><00:01:50.640><c> years</c><00:01:50.880><c> about</c>

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connected in the last two years about
 

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connected in the last two years about
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12,000 schools it's about 7 million kids
 

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12,000 schools it's about 7 million kids
and<00:01:54.759><c> we've</c><00:01:54.920><c> helped</c><00:01:55.159><c> to</c><00:01:55.240><c> pull</c><00:01:55.520><c> together</c><00:01:55.759><c> about</c>

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and we've helped to pull together about
 

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and we've helped to pull together about
$<00:01:56.000><c> 1.7</c><00:01:56.680><c> billion</c><00:01:57.039><c> dollar</c><00:01:57.320><c> in</c><00:01:57.520><c> financing</c><00:01:58.000><c> for</c>

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$ 1.7 billion dollar in financing for
 

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$ 1.7 billion dollar in financing for
school<00:01:58.520><c> connectivity</c>

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school connectivity
 

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school connectivity
uh<00:02:00.159><c> in</c><00:02:00.280><c> the</c><00:02:00.399><c> countries</c><00:02:00.719><c> that</c><00:02:00.840><c> we're</c><00:02:01.000><c> working</c>

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uh in the countries that we're working
 

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uh in the countries that we're working
in<00:02:01.520><c> we've</c><00:02:01.680><c> helped</c><00:02:01.920><c> to</c><00:02:02.039><c> reduce</c><00:02:02.439><c> the</c><00:02:03.039><c> cost</c><00:02:03.280><c> of</c>

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in we've helped to reduce the cost of
 

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in we've helped to reduce the cost of
connectivity<00:02:03.960><c> by</c><00:02:04.079><c> more</c><00:02:04.200><c> than</c><00:02:04.360><c> 50%</c><00:02:05.039><c> and</c>

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connectivity by more than 50% and
 

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connectivity by more than 50% and
increase<00:02:05.960><c> the</c><00:02:06.119><c> speed</c><00:02:06.360><c> of</c><00:02:06.479><c> connectivity</c><00:02:06.960><c> in</c>

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increase the speed of connectivity in
 

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increase the speed of connectivity in
schools<00:02:07.399><c> because</c><00:02:07.560><c> it's</c><00:02:07.719><c> often</c><00:02:08.640><c> very</c><00:02:08.879><c> very</c><00:02:09.080><c> low</c>

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schools because it's often very very low
 

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schools because it's often very very low
where<00:02:09.520><c> it</c><00:02:09.640><c> even</c><00:02:09.920><c> does</c><00:02:10.640><c> exist</c><00:02:11.640><c> and</c>

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where it even does exist and
 

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where it even does exist and
interestingly<00:02:12.319><c> we've</c><00:02:12.520><c> mapped</c><00:02:12.879><c> about</c><00:02:13.080><c> 2.1</c>

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interestingly we've mapped about 2.1
 

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interestingly we've mapped about 2.1
million<00:02:14.040><c> schools</c><00:02:14.760><c> nobody</c><00:02:15.160><c> in</c><00:02:15.280><c> the</c><00:02:15.400><c> world</c>

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million schools nobody in the world
 

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million schools nobody in the world
knows<00:02:16.599><c> how</c><00:02:16.760><c> many</c><00:02:17.040><c> schools</c><00:02:17.480><c> there</c>

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knows how many schools there
 

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knows how many schools there
are<00:02:19.280><c> total</c><00:02:20.000><c> we</c><00:02:20.120><c> think</c><00:02:20.280><c> they're</c><00:02:20.480><c> between</c><00:02:20.800><c> five</c>

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are total we think they're between five
 

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are total we think they're between five
and<00:02:21.239><c> seven</c><00:02:21.519><c> million</c><00:02:22.080><c> but</c><00:02:22.239><c> there</c><00:02:22.360><c> is</c><00:02:22.480><c> no</c>

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and seven million but there is no
 

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and seven million but there is no
complete<00:02:23.040><c> map</c><00:02:23.280><c> so</c><00:02:23.400><c> when</c><00:02:23.480><c> we</c><00:02:23.599><c> do</c><00:02:23.879><c> map</c><00:02:24.080><c> schools</c>

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complete map so when we do map schools
 

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complete map so when we do map schools
in<00:02:24.400><c> a</c><00:02:24.560><c> country</c><00:02:25.040><c> we're</c><00:02:25.280><c> often</c><00:02:25.519><c> the</c><00:02:25.680><c> first</c><00:02:26.000><c> point</c>

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in a country we're often the first point
 

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in a country we're often the first point
of<00:02:26.400><c> Truth</c><00:02:26.640><c> for</c><00:02:26.800><c> a</c><00:02:26.959><c> government</c><00:02:27.680><c> um</c><00:02:27.840><c> because</c>

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of Truth for a government um because
 

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of Truth for a government um because
they<00:02:28.120><c> don't</c><00:02:28.280><c> have</c><00:02:28.440><c> an</c><00:02:28.599><c> exact</c><00:02:28.879><c> number</c><00:02:29.120><c> of</c><00:02:29.239><c> their</c>

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they don't have an exact number of their
 

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they don't have an exact number of their
schools

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schools
 

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schools
and<00:02:31.879><c> since</c><00:02:32.040><c> we're</c><00:02:32.239><c> working</c><00:02:32.560><c> with</c>

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and since we're working with
 

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and since we're working with
connectivity<00:02:33.319><c> with</c><00:02:33.480><c> trying</c><00:02:33.640><c> to</c><00:02:33.760><c> get</c><00:02:33.959><c> people</c>

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connectivity with trying to get people
 

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connectivity with trying to get people
online<00:02:34.519><c> and</c><00:02:34.680><c> young</c><00:02:34.879><c> people</c><00:02:35.120><c> online</c><00:02:35.400><c> and</c><00:02:35.599><c> give</c>

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online and young people online and give
 

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online and young people online and give
them<00:02:36.000><c> access</c><00:02:36.280><c> to</c><00:02:36.480><c> opportunity</c><00:02:36.959><c> and</c><00:02:37.120><c> choice</c>

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them access to opportunity and choice
 

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them access to opportunity and choice
our<00:02:37.879><c> unit</c><00:02:38.160><c> of</c><00:02:38.440><c> measure</c><00:02:38.879><c> our</c><00:02:39.159><c> commodity</c><00:02:39.680><c> is</c><00:02:39.840><c> the</c>

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our unit of measure our commodity is the
 

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our unit of measure our commodity is the
gigabyte<00:02:40.840><c> which</c><00:02:40.959><c> is</c><00:02:41.120><c> interesting</c><00:02:41.800><c> because</c>

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gigabyte which is interesting because
 

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gigabyte which is interesting because
it's<00:02:42.319><c> one</c><00:02:42.440><c> of</c><00:02:42.599><c> the</c><00:02:42.720><c> few</c><00:02:43.080><c> G</c><00:02:43.239><c> you</c><00:02:43.319><c> know</c>

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it's one of the few G you know
 

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it's one of the few G you know
Commodities<00:02:44.239><c> assets</c><00:02:44.640><c> that's</c><00:02:44.840><c> fully</c><00:02:45.200><c> digital</c>

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Commodities assets that's fully digital
 

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Commodities assets that's fully digital
uh<00:02:46.239><c> from</c><00:02:46.440><c> end</c><00:02:46.720><c> to</c><00:02:46.920><c> end</c><00:02:47.840><c> uh</c><00:02:48.440><c> this</c><00:02:48.560><c> is</c><00:02:48.640><c> what</c><00:02:48.760><c> I'm</c>

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uh from end to end uh this is what I'm
 

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uh from end to end uh this is what I'm
going<00:02:48.920><c> to</c><00:02:49.000><c> talk</c><00:02:49.159><c> about</c><00:02:49.280><c> in</c><00:02:49.360><c> the</c><00:02:49.480><c> next</c><00:02:49.640><c> part</c><00:02:49.760><c> of</c>

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going to talk about in the next part of
 

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going to talk about in the next part of
the<00:02:50.040><c> presentation</c><00:02:50.800><c> which</c><00:02:50.959><c> is</c><00:02:51.120><c> that</c><00:02:51.560><c> we</c>

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the presentation which is that we
 

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the presentation which is that we
can<00:02:53.519><c> if</c><00:02:53.800><c> if</c><00:02:54.000><c> something</c><00:02:54.239><c> is</c><00:02:54.400><c> digital</c><00:02:54.800><c> because</c>

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can if if something is digital because
 

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can if if something is digital because
something<00:02:55.280><c> is</c><00:02:55.400><c> digital</c><00:02:55.720><c> we</c><00:02:55.800><c> can</c><00:02:55.959><c> talk</c><00:02:56.120><c> about</c>

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something is digital we can talk about
 

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something is digital we can talk about
it<00:02:56.400><c> in</c><00:02:56.480><c> a</c><00:02:56.599><c> very</c><00:02:56.800><c> different</c><00:02:57.080><c> way</c><00:02:57.480><c> than</c><00:02:57.640><c> when</c>

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it in a very different way than when
 

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it in a very different way than when
we're<00:02:57.879><c> talking</c><00:02:58.120><c> about</c><00:02:58.400><c> physical</c><00:02:59.200><c> uh</c><00:02:59.400><c> assets</c>

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we're talking about physical uh assets
 

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we're talking about physical uh assets
real<00:03:00.000><c> world</c><00:03:00.319><c> assets</c><00:03:01.319><c> and</c><00:03:01.800><c> we're</c><00:03:02.480><c> very</c><00:03:02.680><c> very</c>

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real world assets and we're very very
 

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real world assets and we're very very
excited<00:03:03.120><c> to</c><00:03:03.239><c> be</c><00:03:03.760><c> launching</c><00:03:04.319><c> a</c><00:03:04.480><c> new</c><00:03:04.920><c> piece</c><00:03:05.120><c> of</c>

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excited to be launching a new piece of
 

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excited to be launching a new piece of
Giga<00:03:05.599><c> a</c><00:03:05.680><c> new</c><00:03:05.799><c> piece</c><00:03:05.959><c> of</c><00:03:06.040><c> our</c><00:03:06.200><c> architecture</c><00:03:07.080><c> in</c>

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Giga a new piece of our architecture in
 

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Giga a new piece of our architecture in
the<00:03:07.360><c> next</c><00:03:07.599><c> year</c><00:03:07.959><c> and</c><00:03:08.080><c> that</c><00:03:08.200><c> pieces</c><00:03:08.519><c> our</c>

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the next year and that pieces our
 

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the next year and that pieces our
connectivity<00:03:09.200><c> credits</c><00:03:09.920><c> Marketplace</c><00:03:10.920><c> um</c><00:03:11.040><c> I'll</c>

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connectivity credits Marketplace um I'll
 

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connectivity credits Marketplace um I'll
spend<00:03:11.400><c> just</c><00:03:11.519><c> a</c><00:03:11.599><c> few</c><00:03:11.760><c> minutes</c><00:03:12.040><c> talking</c><00:03:12.319><c> about</c>

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spend just a few minutes talking about
 

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spend just a few minutes talking about
what<00:03:12.720><c> that</c><00:03:12.879><c> means</c><00:03:13.200><c> for</c><00:03:13.440><c> us</c><00:03:13.959><c> but</c><00:03:14.120><c> essentially</c>

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what that means for us but essentially
 

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what that means for us but essentially
it<00:03:14.680><c> means</c><00:03:14.920><c> wrapping</c><00:03:15.280><c> the</c><00:03:15.440><c> gigabyte</c><00:03:15.920><c> in</c><00:03:16.000><c> a</c><00:03:16.120><c> way</c>

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it means wrapping the gigabyte in a way
 

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it means wrapping the gigabyte in a way
that<00:03:16.400><c> we</c><00:03:16.519><c> can</c><00:03:16.720><c> start</c><00:03:16.959><c> to</c><00:03:17.159><c> create</c><00:03:17.840><c> price</c>

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that we can start to create price
 

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that we can start to create price
transparency<00:03:19.280><c> if</c><00:03:19.400><c> you</c><00:03:19.519><c> look</c><00:03:19.640><c> at</c><00:03:19.760><c> the</c><00:03:19.920><c> price</c>

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transparency if you look at the price
 

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transparency if you look at the price
for<00:03:20.360><c> the</c><00:03:20.480><c> gigabyte</c><00:03:20.920><c> in</c><00:03:21.120><c> Zimbabwe</c><00:03:21.720><c> for</c><00:03:21.879><c> example</c>

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for the gigabyte in Zimbabwe for example
 

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for the gigabyte in Zimbabwe for example
it's<00:03:22.680><c> about</c><00:03:22.959><c> 70</c><00:03:23.400><c> times</c><00:03:23.640><c> the</c><00:03:23.799><c> price</c><00:03:24.000><c> of</c><00:03:24.080><c> a</c>

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it's about 70 times the price of a
 

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it's about 70 times the price of a
gigabyte<00:03:25.080><c> in</c><00:03:25.319><c> Kenya</c><00:03:26.319><c> um</c><00:03:26.480><c> and</c><00:03:26.640><c> that</c><00:03:27.280><c> massive</c>

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gigabyte in Kenya um and that massive
 

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gigabyte in Kenya um and that massive
price<00:03:28.080><c> disparity</c><00:03:29.000><c> creates</c><00:03:29.920><c> huge</c><00:03:30.280><c> pockets</c><00:03:30.560><c> of</c>

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price disparity creates huge pockets of
 

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price disparity creates huge pockets of
unfairness<00:03:31.200><c> it's</c><00:03:31.360><c> not</c><00:03:31.519><c> true</c><00:03:31.760><c> just</c><00:03:32.000><c> between</c>

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unfairness it's not true just between
 

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unfairness it's not true just between
countries<00:03:32.720><c> it's</c><00:03:32.879><c> also</c><00:03:33.080><c> true</c><00:03:33.360><c> within</c>

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countries it's also true within
 

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countries it's also true within
countries<00:03:34.439><c> poor</c><00:03:34.720><c> people</c><00:03:35.080><c> always</c><00:03:35.439><c> end</c><00:03:35.640><c> up</c>

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countries poor people always end up
 

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countries poor people always end up
paying<00:03:36.159><c> more</c><00:03:36.959><c> for</c><00:03:37.159><c> the</c><00:03:37.319><c> things</c><00:03:37.519><c> that</c><00:03:37.680><c> wealthy</c>

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paying more for the things that wealthy
 

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paying more for the things that wealthy
people<00:03:38.360><c> either</c><00:03:38.879><c> pay</c><00:03:39.080><c> very</c><00:03:39.280><c> little</c><00:03:39.519><c> for</c><00:03:40.040><c> or</c>

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people either pay very little for or
 

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people either pay very little for or
don't<00:03:40.400><c> even</c><00:03:40.640><c> think</c><00:03:40.840><c> about</c><00:03:41.239><c> at</c><00:03:41.720><c> all</c><00:03:42.720><c> and</c><00:03:42.840><c> so</c><00:03:42.959><c> I'm</c>

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don't even think about at all and so I'm
 

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don't even think about at all and so I'm
going<00:03:43.120><c> to</c><00:03:43.280><c> just</c><00:03:43.400><c> walk</c><00:03:43.599><c> through</c><00:03:43.840><c> what</c><00:03:43.959><c> we're</c>

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going to just walk through what we're
 

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going to just walk through what we're
doing<00:03:44.680><c> in</c><00:03:44.840><c> the</c><00:03:45.040><c> space</c><00:03:45.319><c> of</c><00:03:45.560><c> of</c><00:03:45.760><c> building</c><00:03:46.439><c> a</c>

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doing in the space of of building a
 

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doing in the space of of building a
system<00:03:46.879><c> to</c><00:03:47.239><c> tokenize</c><00:03:48.519><c> gigabytes</c><00:03:49.519><c> uh</c><00:03:49.640><c> the</c>

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system to tokenize gigabytes uh the
 

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system to tokenize gigabytes uh the
exciting<00:03:50.080><c> thing</c><00:03:50.200><c> is</c><00:03:50.280><c> that</c><00:03:50.439><c> this</c><00:03:50.560><c> platform</c><00:03:50.879><c> is</c>

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exciting thing is that this platform is
 

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exciting thing is that this platform is
now<00:03:51.120><c> up</c><00:03:51.239><c> and</c><00:03:51.400><c> running</c><00:03:51.640><c> in</c><00:03:51.760><c> its</c><00:03:51.959><c> prototype</c>

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now up and running in its prototype
 

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now up and running in its prototype
stages<00:03:52.760><c> in</c><00:03:52.920><c> four</c><00:03:53.159><c> different</c><00:03:53.480><c> places</c><00:03:54.000><c> so</c><00:03:54.159><c> I'll</c>

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stages in four different places so I'll
 

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stages in four different places so I'll
talk<00:03:54.439><c> about</c><00:03:54.640><c> that</c><00:03:54.720><c> a</c><00:03:54.840><c> little</c><00:03:54.959><c> bit</c><00:03:55.200><c> too</c><00:03:56.200><c> um</c><00:03:56.959><c> as</c>

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talk about that a little bit too um as
 

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talk about that a little bit too um as
we're<00:03:57.239><c> going</c><00:03:57.480><c> through</c><00:03:57.680><c> this</c><00:03:57.920><c> process</c><00:03:58.280><c> of</c><00:03:58.480><c> of</c>

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we're going through this process of of
 

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we're going through this process of of
building<00:03:58.879><c> and</c><00:03:59.000><c> our</c><00:03:59.120><c> team</c><00:03:59.319><c> is</c><00:03:59.400><c> about</c><00:03:59.799><c> 30</c><00:04:00.040><c> people</c>

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building and our team is about 30 people
 

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building and our team is about 30 people
working<00:04:00.560><c> on</c><00:04:00.680><c> the</c><00:04:00.799><c> tech</c><00:04:01.000><c> and</c><00:04:01.159><c> Engineering</c><00:04:01.680><c> side</c>

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working on the tech and Engineering side
 

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working on the tech and Engineering side
in<00:04:02.040><c> Barcelona</c><00:04:02.879><c> and</c><00:04:03.040><c> another</c><00:04:03.360><c> 40</c><00:04:03.720><c> people</c><00:04:03.959><c> in</c>

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in Barcelona and another 40 people in
 

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in Barcelona and another 40 people in
Geneva<00:04:04.480><c> so</c><00:04:04.599><c> it's</c><00:04:04.680><c> a</c><00:04:04.799><c> fairly</c><00:04:05.120><c> sizable</c><00:04:05.599><c> group</c>

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Geneva so it's a fairly sizable group
 

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Geneva so it's a fairly sizable group
working<00:04:06.360><c> on</c><00:04:06.519><c> Giga</c><00:04:07.079><c> um</c><00:04:07.439><c> with</c><00:04:07.599><c> a</c><00:04:07.760><c> real</c><00:04:08.000><c> focus</c><00:04:08.599><c> of</c>

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working on Giga um with a real focus of
 

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working on Giga um with a real focus of
about<00:04:08.959><c> five</c><00:04:09.120><c> or</c><00:04:09.239><c> six</c><00:04:09.439><c> of</c><00:04:09.560><c> us</c><00:04:09.720><c> on</c><00:04:09.920><c> on</c><00:04:10.079><c> this</c>

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about five or six of us on on this
 

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about five or six of us on on this
particular<00:04:10.760><c> Marketplace</c><00:04:11.760><c> so</c><00:04:12.040><c> when</c><00:04:12.159><c> you</c>

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particular Marketplace so when you
 

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particular Marketplace so when you
purchase<00:04:12.799><c> connectivity</c><00:04:13.319><c> for</c><00:04:13.560><c> schools</c><00:04:14.360><c> when</c>

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purchase connectivity for schools when
 

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purchase connectivity for schools when
you<00:04:14.959><c> purchase</c><00:04:15.280><c> connectivity</c><00:04:15.760><c> for</c><00:04:15.920><c> health</c>

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you purchase connectivity for health
 

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you purchase connectivity for health
centers<00:04:16.560><c> we</c><00:04:16.680><c> also</c><00:04:16.880><c> work</c><00:04:17.120><c> with</c><00:04:17.320><c> with</c>

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centers we also work with with
 

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centers we also work with with
governments<00:04:17.799><c> for</c><00:04:18.079><c> hospitals</c><00:04:18.400><c> and</c><00:04:18.519><c> health</c>

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governments for hospitals and health
 

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governments for hospitals and health
centers<00:04:19.400><c> we're</c><00:04:19.600><c> working</c><00:04:20.040><c> because</c><00:04:20.320><c> the</c><00:04:20.479><c> prime</c>

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centers we're working because the prime
 

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centers we're working because the prime
minister<00:04:21.120><c> or</c><00:04:21.280><c> the</c><00:04:21.400><c> head</c><00:04:21.560><c> of</c><00:04:21.759><c> state</c><00:04:22.320><c> or</c><00:04:22.440><c> the</c>

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minister or the head of state or the
 

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minister or the head of state or the
Minister<00:04:22.880><c> of</c><00:04:23.080><c> Finance</c><00:04:23.800><c> or</c><00:04:24.040><c> education</c><00:04:24.520><c> has</c>

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Minister of Finance or education has
 

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Minister of Finance or education has
asked<00:04:25.120><c> us</c><00:04:25.639><c> to</c><00:04:25.840><c> be</c><00:04:26.080><c> there</c><00:04:26.240><c> and</c><00:04:26.360><c> to</c><00:04:26.520><c> help</c><00:04:26.759><c> them</c>

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asked us to be there and to help them
 

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asked us to be there and to help them
create<00:04:27.160><c> this</c><00:04:27.320><c> connectivity</c><00:04:28.199><c> that</c><00:04:28.440><c> allows</c><00:04:28.880><c> us</c>

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create this connectivity that allows us
 

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create this connectivity that allows us
to<00:04:29.800><c> have</c><00:04:30.039><c> access</c><00:04:30.280><c> on</c><00:04:30.440><c> the</c><00:04:30.600><c> buy</c><00:04:31.039><c> side</c><00:04:31.880><c> and</c>

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to have access on the buy side and
 

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to have access on the buy side and
governments<00:04:32.400><c> spend</c><00:04:32.600><c> a</c><00:04:32.680><c> lot</c><00:04:32.800><c> of</c><00:04:32.880><c> money</c><00:04:33.120><c> doing</c>

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governments spend a lot of money doing
 

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governments spend a lot of money doing
this<00:04:33.479><c> anyway</c><00:04:33.800><c> it's</c><00:04:33.919><c> just</c><00:04:34.080><c> often</c><00:04:34.320><c> not</c><00:04:34.520><c> very</c>

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this anyway it's just often not very
 

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this anyway it's just often not very
well<00:04:34.960><c> spent</c><00:04:35.639><c> we</c><00:04:35.800><c> also</c><00:04:36.560><c> have</c><00:04:36.680><c> a</c><00:04:36.759><c> lot</c><00:04:36.880><c> of</c>

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well spent we also have a lot of
 

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well spent we also have a lot of
sell-side<00:04:37.320><c> companies</c><00:04:37.840><c> the</c><00:04:37.919><c> people</c><00:04:38.080><c> who</c><00:04:38.160><c> are</c>

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sell-side companies the people who are
 

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sell-side companies the people who are
actually<00:04:38.479><c> providing</c><00:04:38.840><c> that</c><00:04:39.000><c> connectivity</c>

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actually providing that connectivity
 

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actually providing that connectivity
these<00:04:39.919><c> are</c><00:04:40.080><c> mobile</c><00:04:40.440><c> network</c><00:04:40.840><c> operators</c>

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these are mobile network operators
 

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these are mobile network operators
internet<00:04:41.919><c> service</c><00:04:42.240><c> providers</c><00:04:42.600><c> and</c>

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internet service providers and
 

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internet service providers and
others<00:04:44.560><c> and</c><00:04:44.680><c> so</c><00:04:44.840><c> what</c><00:04:45.000><c> we've</c><00:04:45.199><c> created</c><00:04:45.560><c> as</c><00:04:45.759><c> Giga</c>

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others and so what we've created as Giga
 

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others and so what we've created as Giga
is<00:04:46.400><c> a</c><00:04:46.560><c> way</c><00:04:46.680><c> to</c><00:04:47.080><c> connect</c><00:04:47.639><c> the</c><00:04:47.759><c> buyers</c><00:04:48.080><c> and</c>

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is a way to connect the buyers and
 

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is a way to connect the buyers and
sellers<00:04:48.680><c> of</c><00:04:48.880><c> this</c><00:04:49.039><c> commodity</c><00:04:49.479><c> this</c><00:04:49.639><c> digital</c>

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sellers of this commodity this digital
 

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sellers of this commodity this digital
commodity<00:04:50.400><c> and</c><00:04:50.520><c> we're</c><00:04:50.639><c> doing</c><00:04:50.919><c> this</c><00:04:51.280><c> in</c>

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commodity and we're doing this in
 

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commodity and we're doing this in
various<00:04:51.840><c> ways</c><00:04:52.080><c> in</c><00:04:52.240><c> various</c><00:04:52.560><c> countries</c><00:04:52.919><c> but</c><00:04:53.039><c> an</c>

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various ways in various countries but an
 

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various ways in various countries but an
example<00:04:53.680><c> of</c><00:04:53.880><c> that</c><00:04:54.560><c> um</c><00:04:54.759><c> is</c><00:04:54.880><c> that</c><00:04:55.039><c> you</c><00:04:55.199><c> have</c><00:04:55.479><c> a</c>

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example of that um is that you have a
 

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example of that um is that you have a
government<00:04:55.919><c> like</c><00:04:56.039><c> Rwanda</c><00:04:56.560><c> one</c><00:04:56.680><c> of</c><00:04:56.800><c> our</c>

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government like Rwanda one of our
 

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government like Rwanda one of our
champion<00:04:57.680><c> governments</c><00:04:58.440><c> and</c><00:04:58.639><c> herban</c><00:04:58.919><c> will</c><00:04:59.039><c> be</c>

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champion governments and herban will be
 

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champion governments and herban will be
talking<00:04:59.320><c> a</c><00:04:59.400><c> little</c><00:04:59.479><c> bit</c><00:04:59.800><c> about</c><00:04:59.960><c> the</c><00:05:00.000><c> work</c>

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talking a little bit about the work
 

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talking a little bit about the work
we're<00:05:00.320><c> doing</c><00:05:00.600><c> there</c><00:05:01.000><c> uh</c><00:05:01.160><c> later</c><00:05:01.960><c> who</c><00:05:02.400><c> is</c>

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we're doing there uh later who is
 

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we're doing there uh later who is
procuring<00:05:03.199><c> gigabytes</c><00:05:03.720><c> from</c><00:05:03.840><c> a</c><00:05:03.960><c> variety</c><00:05:04.360><c> of</c><00:05:04.600><c> of</c>

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procuring gigabytes from a variety of of
 

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procuring gigabytes from a variety of of
different<00:05:05.080><c> companies</c><00:05:05.479><c> in</c><00:05:05.639><c> Rwanda</c><00:05:06.320><c> we</c><00:05:06.479><c> also</c>

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different companies in Rwanda we also
 

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different companies in Rwanda we also
have<00:05:06.800><c> a</c><00:05:06.919><c> set</c><00:05:07.080><c> of</c><00:05:07.199><c> sellers</c><00:05:08.120><c> uh</c><00:05:08.199><c> that</c><00:05:08.280><c> are</c>

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have a set of sellers uh that are
 

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have a set of sellers uh that are
everything<00:05:08.840><c> from</c><00:05:09.000><c> a</c><00:05:09.160><c> small</c><00:05:09.479><c> ISP</c><00:05:10.240><c> to</c><00:05:10.440><c> Large</c>

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everything from a small ISP to Large
 

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everything from a small ISP to Large
mobile<00:05:11.000><c> network</c><00:05:11.360><c> operators</c><00:05:11.800><c> that</c><00:05:12.039><c> Pro</c><00:05:12.240><c> are</c>

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mobile network operators that Pro are
 

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mobile network operators that Pro are
providing<00:05:12.840><c> this</c><00:05:13.400><c> and</c><00:05:13.680><c> because</c><00:05:14.080><c> we</c><00:05:14.240><c> have</c><00:05:14.360><c> a</c>

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providing this and because we have a
 

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providing this and because we have a
privileged<00:05:15.160><c> Place</c><00:05:15.680><c> through</c><00:05:15.880><c> the</c><00:05:16.240><c> United</c>

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privileged Place through the United
 

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privileged Place through the United
Nations<00:05:16.919><c> because</c><00:05:17.120><c> we're</c><00:05:17.280><c> part</c><00:05:17.440><c> of</c><00:05:17.560><c> Unicef</c>

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Nations because we're part of Unicef
 

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Nations because we're part of Unicef
we're<00:05:18.440><c> able</c><00:05:18.639><c> to</c><00:05:18.919><c> negotiate</c><00:05:19.880><c> on</c><00:05:20.080><c> behalf</c><00:05:20.400><c> of</c><00:05:20.520><c> the</c>

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we're able to negotiate on behalf of the
 

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we're able to negotiate on behalf of the
government<00:05:20.960><c> for</c><00:05:21.280><c> aggregated</c><00:05:22.160><c> purchasing</c><00:05:23.000><c> um</c>

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government for aggregated purchasing um
 

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government for aggregated purchasing um
of<00:05:23.560><c> of</c><00:05:23.759><c> gigabytes</c><00:05:24.199><c> of</c><00:05:24.319><c> this</c><00:05:24.479><c> commodity</c><00:05:25.160><c> and</c>

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of of gigabytes of this commodity and
 

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of of gigabytes of this commodity and
kind<00:05:25.520><c> of</c><00:05:25.680><c> create</c><00:05:26.000><c> that</c>

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kind of create that
 

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kind of create that
market<00:05:28.800><c> the</c><00:05:28.960><c> second</c><00:05:29.199><c> part</c><00:05:29.360><c> after</c><00:05:29.800><c> kind</c><00:05:29.880><c> of</c>

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market the second part after kind of
 

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market the second part after kind of
identified<00:05:30.479><c> what</c><00:05:30.639><c> the</c><00:05:30.880><c> what</c><00:05:31.000><c> the</c><00:05:31.080><c> need</c><00:05:31.360><c> is</c><00:05:31.720><c> is</c>

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identified what the what the need is is
 

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identified what the what the need is is
to<00:05:31.919><c> figure</c><00:05:32.120><c> out</c><00:05:32.240><c> what</c><00:05:32.360><c> the</c><00:05:32.440><c> commodity</c><00:05:32.840><c> is</c>

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to figure out what the commodity is
 

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to figure out what the commodity is
itself<00:05:33.840><c> because</c><00:05:34.039><c> of</c><00:05:34.240><c> this</c><00:05:34.440><c> map</c><00:05:34.680><c> which</c><00:05:34.759><c> I</c>

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itself because of this map which I
 

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itself because of this map which I
described<00:05:35.240><c> at</c><00:05:35.319><c> the</c><00:05:35.400><c> beginning</c><00:05:35.639><c> and</c><00:05:35.759><c> we've</c><00:05:35.960><c> now</c>

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described at the beginning and we've now
 

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described at the beginning and we've now
we've<00:05:36.319><c> built</c><00:05:36.560><c> the</c><00:05:36.680><c> open</c><00:05:36.960><c> source</c><00:05:37.680><c> stack</c><00:05:38.000><c> to</c>

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we've built the open source stack to
 

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we've built the open source stack to
find<00:05:38.479><c> schools</c><00:05:38.800><c> from</c><00:05:38.960><c> outer</c><00:05:39.240><c> space</c><00:05:39.479><c> so</c><00:05:39.639><c> we</c><00:05:39.720><c> use</c>

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find schools from outer space so we use
 

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find schools from outer space so we use
high<00:05:40.080><c> resolution</c><00:05:40.759><c> satellite</c><00:05:41.160><c> imagery</c><00:05:41.759><c> we've</c>

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high resolution satellite imagery we've
 

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high resolution satellite imagery we've
built<00:05:42.160><c> our</c><00:05:42.280><c> own</c><00:05:42.479><c> ML</c><00:05:42.840><c> on</c><00:05:43.000><c> top</c><00:05:43.160><c> of</c><00:05:43.280><c> that</c><00:05:43.400><c> to</c>

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built our own ML on top of that to
 

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built our own ML on top of that to
figure<00:05:43.759><c> out</c><00:05:43.919><c> what</c><00:05:44.039><c> a</c><00:05:44.160><c> school</c><00:05:44.440><c> building</c><00:05:44.880><c> is</c>

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figure out what a school building is
 

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figure out what a school building is
we're<00:05:45.759><c> able</c><00:05:45.919><c> to</c><00:05:46.039><c> tell</c><00:05:46.199><c> you</c><00:05:46.360><c> in</c><00:05:46.479><c> real</c><00:05:46.759><c> time</c><00:05:46.919><c> if</c>

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we're able to tell you in real time if
 

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we're able to tell you in real time if
the<00:05:47.160><c> school</c><00:05:47.400><c> is</c><00:05:47.560><c> connected</c><00:05:48.080><c> based</c><00:05:48.319><c> on</c><00:05:48.960><c> both</c><00:05:49.360><c> uh</c>

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the school is connected based on both uh
 

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the school is connected based on both uh
some<00:05:49.680><c> Appliance</c><00:05:50.199><c> stuff</c><00:05:50.440><c> that</c><00:05:50.560><c> we've</c><00:05:50.800><c> we've</c>

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some Appliance stuff that we've we've
 

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some Appliance stuff that we've we've
built<00:05:51.319><c> and</c><00:05:52.039><c> uh</c><00:05:52.280><c> and</c><00:05:52.520><c> and</c><00:05:52.800><c> things</c><00:05:53.000><c> that</c><00:05:53.080><c> we</c><00:05:53.160><c> can</c>

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built and uh and and things that we can
 

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built and uh and and things that we can
install<00:05:53.560><c> behind</c><00:05:53.800><c> the</c><00:05:53.919><c> router</c><00:05:54.160><c> in</c><00:05:54.280><c> the</c><00:05:54.440><c> school</c>

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install behind the router in the school
 

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install behind the router in the school
as<00:05:55.319><c> well</c><00:05:55.479><c> as</c><00:05:55.639><c> connecting</c><00:05:56.080><c> with</c><00:05:56.840><c> network</c>

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as well as connecting with network
 

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as well as connecting with network
operators<00:05:57.600><c> through</c><00:05:57.759><c> their</c><00:05:57.919><c> apis</c><00:05:58.560><c> and</c><00:05:58.840><c> and</c><00:05:59.199><c> and</c>

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operators through their apis and and and
 

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operators through their apis and and and
other<00:05:59.800><c> kind</c><00:05:59.919><c> of</c><00:06:00.039><c> larger</c><00:06:00.400><c> systems</c><00:06:01.360><c> we're</c><00:06:01.600><c> able</c>

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other kind of larger systems we're able
 

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other kind of larger systems we're able
to<00:06:02.080><c> actually</c><00:06:02.919><c> um</c><00:06:03.160><c> talk</c><00:06:03.360><c> about</c><00:06:03.520><c> a</c><00:06:03.639><c> gigabyte</c><00:06:04.280><c> in</c>

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to actually um talk about a gigabyte in
 

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to actually um talk about a gigabyte in
situ<00:06:05.160><c> in</c><00:06:05.400><c> as</c><00:06:05.479><c> it's</c><00:06:05.680><c> being</c><00:06:05.880><c> used</c><00:06:06.160><c> and</c><00:06:06.319><c> see</c>

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situ in as it's being used and see
 

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situ in as it's being used and see
whether<00:06:06.720><c> or</c><00:06:06.840><c> not</c><00:06:06.919><c> a</c><00:06:07.039><c> school</c><00:06:07.240><c> is</c><00:06:07.319><c> connected</c><00:06:08.039><c> you</c>

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whether or not a school is connected you
 

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whether or not a school is connected you
can<00:06:08.360><c> imagine</c><00:06:08.880><c> uh</c><00:06:08.960><c> already</c><00:06:09.240><c> we're</c><00:06:09.400><c> working</c>

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can imagine uh already we're working
 

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can imagine uh already we're working
with<00:06:09.800><c> governments</c><00:06:10.199><c> to</c><00:06:10.520><c> when</c><00:06:10.639><c> a</c><00:06:10.759><c> school</c><00:06:10.960><c> turns</c>

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with governments to when a school turns
 

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with governments to when a school turns
green<00:06:11.520><c> to</c><00:06:11.680><c> issue</c><00:06:12.000><c> payment</c><00:06:12.319><c> automatically</c><00:06:13.280><c> if</c>

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green to issue payment automatically if
 

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green to issue payment automatically if
it<00:06:13.639><c> turns</c><00:06:14.000><c> red</c><00:06:14.160><c> you</c><00:06:14.280><c> issue</c><00:06:14.560><c> a</c><00:06:14.639><c> warning</c><00:06:15.000><c> that's</c>

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it turns red you issue a warning that's
 

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it turns red you issue a warning that's
a<00:06:15.240><c> sort</c><00:06:15.400><c> of</c><00:06:15.520><c> smart</c><00:06:15.840><c> contract</c><00:06:16.240><c> based</c><00:06:16.800><c> under</c>

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a sort of smart contract based under
 

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a sort of smart contract based under
layer<00:06:17.440><c> that</c><00:06:17.560><c> we've</c><00:06:17.720><c> built</c><00:06:18.080><c> as</c><00:06:18.199><c> well</c><00:06:18.720><c> um</c><00:06:18.840><c> but</c><00:06:18.919><c> we</c>

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layer that we've built as well um but we
 

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layer that we've built as well um but we
can<00:06:19.120><c> start</c><00:06:19.240><c> to</c><00:06:19.400><c> do</c><00:06:19.560><c> things</c><00:06:19.720><c> with</c><00:06:19.880><c> this</c><00:06:20.000><c> digital</c>

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can start to do things with this digital
 

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can start to do things with this digital
asset<00:06:20.639><c> and</c><00:06:20.720><c> if</c><00:06:20.840><c> you</c><00:06:21.360><c> grab</c><00:06:21.639><c> that</c><00:06:22.039><c> the</c><00:06:22.199><c> QR</c><00:06:22.560><c> code</c>

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asset and if you grab that the QR code
 

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asset and if you grab that the QR code
you<00:06:22.880><c> can</c><00:06:23.039><c> go</c><00:06:23.160><c> and</c><00:06:23.280><c> search</c><00:06:23.639><c> and</c><00:06:23.759><c> look</c><00:06:23.880><c> on</c><00:06:24.000><c> the</c>

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you can go and search and look on the
 

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you can go and search and look on the
map<00:06:24.280><c> you</c><00:06:24.400><c> can</c><00:06:24.479><c> see</c><00:06:24.680><c> all</c><00:06:24.800><c> of</c><00:06:24.919><c> the</c><00:06:25.319><c> countries</c>

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map you can see all of the countries
 

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map you can see all of the countries
that<00:06:25.800><c> we're</c><00:06:25.960><c> in</c><00:06:26.080><c> you</c><00:06:26.160><c> can</c><00:06:26.280><c> try</c><00:06:26.440><c> to</c><00:06:26.560><c> find</c><00:06:26.720><c> the</c>

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that we're in you can try to find the
 

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that we're in you can try to find the
school<00:06:27.599><c> that</c><00:06:27.720><c> you</c><00:06:27.880><c> went</c><00:06:28.080><c> to</c><00:06:28.400><c> it</c><00:06:28.479><c> should</c><00:06:28.680><c> be</c>

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school that you went to it should be
 

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school that you went to it should be
there<00:06:29.039><c> if</c><00:06:29.160><c> it's</c><00:06:29.240><c> in</c><00:06:29.360><c> one</c><00:06:29.440><c> of</c><00:06:29.680><c> the</c><00:06:29.759><c> 34</c><00:06:30.160><c> countries</c>

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there if it's in one of the 34 countries
 

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there if it's in one of the 34 countries
that<00:06:31.280><c> we've</c><00:06:31.479><c> already</c><00:06:31.680><c> started</c><00:06:31.960><c> working</c><00:06:32.400><c> in</c><00:06:33.400><c> um</c>

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that we've already started working in um
 

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that we've already started working in um
and<00:06:34.400><c> if</c><00:06:34.479><c> you</c><00:06:34.560><c> want</c><00:06:34.680><c> to</c><00:06:34.800><c> tokenize</c><00:06:35.240><c> a</c><00:06:35.319><c> commodity</c>

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and if you want to tokenize a commodity
 

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and if you want to tokenize a commodity
you<00:06:35.840><c> also</c><00:06:36.000><c> have</c><00:06:36.080><c> to</c><00:06:36.240><c> think</c><00:06:36.440><c> about</c><00:06:37.199><c> that</c><00:06:37.360><c> market</c>

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you also have to think about that market
 

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you also have to think about that market
cycle<00:06:38.800><c> where</c><00:06:39.080><c> the</c><00:06:39.319><c> where</c><00:06:39.479><c> the</c><00:06:39.599><c> commodity</c><00:06:40.120><c> sits</c>

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cycle where the where the commodity sits
 

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cycle where the where the commodity sits
in<00:06:40.599><c> it</c><00:06:40.960><c> um</c><00:06:41.440><c> we</c><00:06:41.599><c> stole</c><00:06:41.919><c> this</c><00:06:42.080><c> from</c><00:06:42.199><c> the</c><00:06:42.319><c> carbon</c>

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in it um we stole this from the carbon
 

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in it um we stole this from the carbon
credits<00:06:42.960><c> Market</c><00:06:43.280><c> carbon</c><00:06:43.599><c> credits</c><00:06:44.520><c> sort</c><00:06:44.800><c> of</c>

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credits Market carbon credits sort of
 

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credits Market carbon credits sort of
work<00:06:45.479><c> uh</c><00:06:45.639><c> they</c><00:06:45.720><c> don't</c><00:06:45.880><c> work</c><00:06:46.080><c> all</c><00:06:46.240><c> the</c><00:06:46.319><c> way</c><00:06:47.000><c> but</c>

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work uh they don't work all the way but
 

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work uh they don't work all the way but
they<00:06:47.800><c> uh</c><00:06:48.000><c> they</c><00:06:48.120><c> give</c><00:06:48.240><c> you</c><00:06:48.360><c> an</c><00:06:48.520><c> idea</c><00:06:48.880><c> of</c><00:06:49.039><c> how</c><00:06:49.160><c> you</c>

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they uh they give you an idea of how you
 

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they uh they give you an idea of how you
can<00:06:49.440><c> create</c><00:06:49.680><c> a</c><00:06:49.840><c> sort</c><00:06:50.000><c> of</c><00:06:50.560><c> recirculation</c><00:06:51.560><c> one</c>

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can create a sort of recirculation one
 

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can create a sort of recirculation one
of<00:06:51.800><c> the</c><00:06:51.880><c> reasons</c><00:06:52.240><c> carbon</c><00:06:52.880><c> credits</c><00:06:53.240><c> don't</c><00:06:53.400><c> work</c>

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of the reasons carbon credits don't work
 

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of the reasons carbon credits don't work
that<00:06:53.759><c> well</c><00:06:53.880><c> is</c><00:06:54.000><c> it's</c><00:06:54.160><c> very</c><00:06:54.360><c> hard</c><00:06:54.599><c> to</c><00:06:55.199><c> um</c><00:06:55.400><c> figure</c>

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that well is it's very hard to um figure
 

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that well is it's very hard to um figure
out<00:06:55.840><c> where</c><00:06:56.000><c> they're</c><00:06:56.240><c> being</c><00:06:56.759><c> used</c><00:06:57.120><c> and</c><00:06:57.280><c> where</c>

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out where they're being used and where
 

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out where they're being used and where
they're<00:06:57.720><c> being</c><00:06:57.840><c> you</c><00:06:57.960><c> know</c><00:06:58.080><c> where</c><00:06:58.280><c> where</c><00:06:58.639><c> trees</c>

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they're being you know where where trees
 

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they're being you know where where trees
are<00:06:59.080><c> absorbing</c><00:06:59.680><c> carbon</c><00:07:00.400><c> the</c><00:07:00.800><c> the</c><00:07:00.960><c> asset</c>

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are absorbing carbon the the asset
 

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are absorbing carbon the the asset
itself<00:07:01.520><c> the</c><00:07:01.639><c> metric</c><00:07:02.000><c> ton</c><00:07:02.759><c> equivalent</c><00:07:03.160><c> of</c>

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itself the metric ton equivalent of
 

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itself the metric ton equivalent of
metric<00:07:03.720><c> carbon</c><00:07:04.720><c> uh</c><00:07:04.840><c> equivalent</c><00:07:05.720><c> is</c><00:07:05.840><c> not</c><00:07:06.000><c> a</c>

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metric carbon uh equivalent is not a
 

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metric carbon uh equivalent is not a
real<00:07:06.440><c> thing</c><00:07:06.639><c> it's</c><00:07:06.759><c> a</c><00:07:06.879><c> kind</c><00:07:06.960><c> of</c><00:07:07.120><c> synthetic</c>

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real thing it's a kind of synthetic
 

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real thing it's a kind of synthetic
thing<00:07:07.759><c> that</c><00:07:07.879><c> we've</c><00:07:08.080><c> created</c><00:07:09.000><c> um</c><00:07:09.240><c> but</c><00:07:09.360><c> with</c><00:07:09.479><c> a</c>

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thing that we've created um but with a
 

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thing that we've created um but with a
gigabyte<00:07:10.039><c> we</c><00:07:10.120><c> can</c><00:07:10.319><c> actually</c><00:07:10.639><c> talk</c><00:07:10.840><c> about</c><00:07:11.039><c> the</c>

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gigabyte we can actually talk about the
 

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gigabyte we can actually talk about the
asset<00:07:11.840><c> and</c><00:07:12.000><c> we</c><00:07:12.080><c> can</c><00:07:12.240><c> do</c><00:07:12.400><c> this</c><00:07:12.560><c> whole</c><00:07:12.759><c> cycle</c>

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asset and we can do this whole cycle
 

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asset and we can do this whole cycle
which<00:07:13.280><c> goes</c><00:07:13.560><c> from</c><00:07:14.280><c> somebody</c><00:07:14.639><c> saying</c><00:07:14.919><c> they</c>

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which goes from somebody saying they
 

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which goes from somebody saying they
want<00:07:15.199><c> to</c><00:07:15.879><c> to</c><00:07:16.039><c> do</c><00:07:16.240><c> something</c><00:07:16.520><c> they</c><00:07:16.639><c> want</c><00:07:16.720><c> to</c>

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want to to do something they want to
 

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want to to do something they want to
give<00:07:17.039><c> gigabytes</c><00:07:17.479><c> out</c><00:07:17.599><c> or</c><00:07:17.720><c> deploy</c><00:07:18.080><c> gigabytes</c>

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give gigabytes out or deploy gigabytes
 

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give gigabytes out or deploy gigabytes
to<00:07:18.960><c> somebody</c><00:07:19.360><c> purchasing</c><00:07:19.879><c> that</c><00:07:20.319><c> and</c><00:07:20.440><c> we</c><00:07:20.520><c> can</c>

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to somebody purchasing that and we can
 

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to somebody purchasing that and we can
watch<00:07:21.080><c> that</c><00:07:21.240><c> whole</c><00:07:21.440><c> cycle</c><00:07:21.800><c> happen</c><00:07:22.479><c> uh</c><00:07:22.560><c> through</c>

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watch that whole cycle happen uh through
 

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watch that whole cycle happen uh through
the<00:07:23.000><c> marketplace</c><00:07:24.000><c> so</c><00:07:24.160><c> that's</c><00:07:24.280><c> a</c><00:07:24.440><c> sort</c><00:07:24.560><c> of</c>

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the marketplace so that's a sort of
 

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the marketplace so that's a sort of
second<00:07:24.879><c> step</c><00:07:25.080><c> is</c><00:07:25.160><c> figuring</c><00:07:25.400><c> out</c><00:07:25.520><c> how</c><00:07:25.599><c> to</c>

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second step is figuring out how to
 

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second step is figuring out how to
tokenize<00:07:26.199><c> the</c>

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tokenize the
 

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tokenize the
thing<00:07:27.840><c> the</c><00:07:28.000><c> third</c><00:07:28.280><c> part</c><00:07:28.840><c> of</c><00:07:29.199><c> building</c><00:07:29.639><c> a</c>

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thing the third part of building a
 

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thing the third part of building a
Marketplace<00:07:30.080><c> is</c><00:07:30.240><c> actually</c><00:07:30.400><c> building</c><00:07:30.639><c> the</c>

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Marketplace is actually building the
 

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Marketplace is actually building the
tooling<00:07:31.120><c> itself</c><00:07:32.000><c> um</c><00:07:32.160><c> and</c><00:07:32.240><c> so</c><00:07:32.360><c> we're</c><00:07:32.560><c> pretty</c>

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tooling itself um and so we're pretty
 

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tooling itself um and so we're pretty
excited<00:07:33.479><c> that</c><00:07:33.639><c> we</c><00:07:33.879><c> are</c><00:07:34.400><c> setting</c><00:07:34.759><c> this</c><00:07:34.879><c> up</c>

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excited that we are setting this up
 

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excited that we are setting this up
right<00:07:35.240><c> now</c><00:07:35.440><c> in</c>

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right now in
 

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right now in
Geneva<00:07:37.280><c> um</c><00:07:37.479><c> we</c><00:07:37.599><c> picked</c><00:07:37.800><c> Geneva</c><00:07:38.120><c> for</c><00:07:38.240><c> a</c><00:07:38.360><c> variety</c>

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Geneva um we picked Geneva for a variety
 

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Geneva um we picked Geneva for a variety
of<00:07:38.840><c> reasons</c><00:07:39.440><c> but</c><00:07:39.919><c> uh</c><00:07:40.039><c> it</c><00:07:40.199><c> has</c><00:07:40.360><c> allowed</c><00:07:40.680><c> us</c><00:07:40.879><c> to</c>

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of reasons but uh it has allowed us to
 

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of reasons but uh it has allowed us to
really<00:07:41.319><c> be</c><00:07:41.560><c> based</c><00:07:42.319><c> in</c><00:07:42.560><c> this</c><00:07:42.919><c> very</c><00:07:43.280><c> structured</c>

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really be based in this very structured
 

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really be based in this very structured
very<00:07:44.199><c> regulated</c><00:07:44.879><c> system</c><00:07:45.319><c> that</c><00:07:45.520><c> is</c><00:07:45.759><c> respected</c>

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very regulated system that is respected
 

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very regulated system that is respected
around<00:07:46.639><c> the</c><00:07:46.759><c> world</c><00:07:47.560><c> um</c><00:07:47.800><c> for</c><00:07:48.080><c> certification</c><00:07:48.879><c> so</c>

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around the world um for certification so
 

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around the world um for certification so
we<00:07:49.159><c> know</c><00:07:49.319><c> that</c><00:07:49.440><c> if</c><00:07:49.520><c> you</c><00:07:49.599><c> want</c><00:07:49.680><c> to</c><00:07:49.840><c> certify</c><00:07:50.680><c> a</c>

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we know that if you want to certify a
 

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we know that if you want to certify a
farm<00:07:51.199><c> for</c><00:07:51.479><c> pulling</c><00:07:51.840><c> carbon</c><00:07:52.159><c> in</c><00:07:52.319><c> from</c><00:07:52.520><c> the</c><00:07:52.759><c> from</c>

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farm for pulling carbon in from the from
 

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farm for pulling carbon in from the from
the<00:07:53.039><c> air</c><00:07:53.720><c> uh</c><00:07:53.800><c> you</c><00:07:53.879><c> need</c><00:07:54.000><c> to</c><00:07:54.080><c> go</c><00:07:54.199><c> through</c><00:07:54.360><c> a</c>

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the air uh you need to go through a
 

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the air uh you need to go through a
certain<00:07:54.800><c> process</c><00:07:55.360><c> same</c><00:07:55.599><c> thing</c><00:07:55.800><c> for</c><00:07:56.039><c> a</c>

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certain process same thing for a
 

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certain process same thing for a
gigabyte<00:07:56.560><c> you</c><00:07:56.639><c> need</c><00:07:56.759><c> to</c><00:07:56.919><c> know</c><00:07:57.599><c> that</c><00:07:57.919><c> a</c><00:07:58.039><c> school</c>

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gigabyte you need to know that a school
 

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gigabyte you need to know that a school
has<00:07:58.720><c> has</c><00:07:58.919><c> been</c><00:07:59.120><c> connected</c><00:07:59.680><c> a</c><00:07:59.759><c> Health</c><00:07:59.919><c> Center's</c>

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has has been connected a Health Center's
 

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has has been connected a Health Center's
been<00:08:00.479><c> connected</c><00:08:01.159><c> and</c><00:08:01.280><c> somebody</c><00:08:01.520><c> needs</c><00:08:01.720><c> to</c>

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been connected and somebody needs to
 

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been connected and somebody needs to
stamp<00:08:02.280><c> that</c><00:08:02.520><c> in</c><00:08:02.840><c> in</c><00:08:03.400><c> our</c><00:08:03.639><c> system</c><00:08:04.000><c> we</c><00:08:04.120><c> have</c><00:08:04.240><c> the</c>

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stamp that in in our system we have the
 

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stamp that in in our system we have the
United<00:08:04.639><c> Nations</c><00:08:04.960><c> and</c><00:08:05.080><c> all</c><00:08:05.159><c> of</c><00:08:05.280><c> our</c><00:08:05.360><c> partner</c>

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United Nations and all of our partner
 

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United Nations and all of our partner
governments<00:08:06.000><c> who</c><00:08:06.080><c> are</c><00:08:06.240><c> able</c><00:08:06.479><c> to</c><00:08:07.039><c> provide</c><00:08:07.319><c> that</c>

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governments who are able to provide that
 

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governments who are able to provide that
certification<00:08:09.000><c> we're</c><00:08:09.240><c> also</c><00:08:09.560><c> building</c><00:08:10.000><c> this</c>

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certification we're also building this
 

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certification we're also building this
in<00:08:10.400><c> various</c><00:08:10.759><c> countries</c><00:08:11.440><c> with</c><00:08:11.639><c> their</c><00:08:11.800><c> own</c>

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in various countries with their own
 

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in various countries with their own
National<00:08:12.560><c> Credit</c><00:08:12.919><c> Systems</c><00:08:13.319><c> if</c><00:08:13.400><c> you</c><00:08:13.520><c> work</c><00:08:13.720><c> with</c>

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National Credit Systems if you work with
 

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National Credit Systems if you work with
connectivity<00:08:14.720><c> at</c><00:08:14.840><c> all</c><00:08:14.960><c> you've</c><00:08:15.080><c> heard</c><00:08:15.240><c> of</c>

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connectivity at all you've heard of
 

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connectivity at all you've heard of
something<00:08:15.599><c> called</c><00:08:15.720><c> a</c><00:08:15.840><c> universal</c><00:08:16.280><c> service</c>

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something called a universal service
 

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something called a universal service
fund<00:08:16.919><c> or</c><00:08:17.080><c> universal</c><00:08:17.599><c> access</c><00:08:17.960><c> fund</c><00:08:18.840><c> those</c><00:08:18.960><c> are</c>

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fund or universal access fund those are
 

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fund or universal access fund those are
ways<00:08:19.400><c> that</c><00:08:19.599><c> governments</c><00:08:20.440><c> uh</c><00:08:20.520><c> are</c><00:08:20.639><c> ready</c><00:08:20.919><c> pay</c>

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ways that governments uh are ready pay
 

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ways that governments uh are ready pay
for<00:08:21.280><c> school</c><00:08:21.720><c> connectivity</c><00:08:22.720><c> uh</c><00:08:22.800><c> in</c><00:08:22.960><c> poor</c><00:08:23.240><c> areas</c>

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for school connectivity uh in poor areas
 

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for school connectivity uh in poor areas
they<00:08:23.800><c> just</c><00:08:23.879><c> don't</c><00:08:24.080><c> work</c><00:08:24.360><c> very</c><00:08:24.520><c> well</c><00:08:24.759><c> because</c>

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they just don't work very well because
 

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they just don't work very well because
they're<00:08:25.479><c> sort</c><00:08:25.680><c> of</c><00:08:25.840><c> black</c><00:08:26.120><c> boxes</c><00:08:26.520><c> and</c><00:08:26.639><c> you</c>

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they're sort of black boxes and you
 

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they're sort of black boxes and you
can't<00:08:26.960><c> see</c><00:08:27.240><c> inside</c><00:08:27.680><c> to</c><00:08:28.159><c> what's</c><00:08:28.400><c> been</c><00:08:28.639><c> done</c>

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can't see inside to what's been done
 

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can't see inside to what's been done
whether<00:08:29.240><c> the</c><00:08:29.720><c> money</c><00:08:30.039><c> that</c><00:08:30.159><c> gets</c><00:08:30.360><c> taxed</c><00:08:30.759><c> from</c>

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whether the money that gets taxed from
 

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whether the money that gets taxed from
Network<00:08:31.599><c> operators</c><00:08:32.039><c> actually</c><00:08:32.240><c> goes</c><00:08:32.399><c> and</c><00:08:32.599><c> gets</c>

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Network operators actually goes and gets
 

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Network operators actually goes and gets
deployed<00:08:33.200><c> or</c><00:08:33.440><c> not</c><00:08:34.440><c> um</c><00:08:34.599><c> we</c><00:08:34.760><c> also</c><00:08:35.000><c> have</c><00:08:35.159><c> this</c>

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deployed or not um we also have this
 

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deployed or not um we also have this
Marketplace<00:08:35.959><c> that</c><00:08:36.039><c> we're</c><00:08:36.279><c> starting</c><00:08:36.599><c> to</c>

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Marketplace that we're starting to
 

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Marketplace that we're starting to
launch<00:08:37.640><c> we've</c><00:08:37.839><c> actually</c><00:08:38.120><c> just</c><00:08:38.240><c> sold</c><00:08:39.159><c> a</c><00:08:39.240><c> few</c>

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launch we've actually just sold a few
 

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launch we've actually just sold a few
weeks<00:08:39.599><c> ago</c><00:08:39.760><c> we</c><00:08:39.839><c> sold</c><00:08:40.039><c> our</c><00:08:40.200><c> first</c><00:08:40.440><c> credits</c>

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weeks ago we sold our first credits
 

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weeks ago we sold our first credits
which<00:08:40.919><c> is</c><00:08:41.039><c> very</c><00:08:41.200><c> exciting</c><00:08:41.479><c> it's</c><00:08:41.560><c> a</c><00:08:41.640><c> very</c><00:08:41.800><c> small</c>

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which is very exciting it's a very small
 

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which is very exciting it's a very small
amount<00:08:42.200><c> of</c><00:08:42.360><c> credits</c><00:08:42.640><c> in</c><00:08:42.800><c> one</c><00:08:43.000><c> country</c><00:08:43.800><c> um</c><00:08:43.919><c> but</c>

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amount of credits in one country um but
 

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amount of credits in one country um but
we're<00:08:44.159><c> starting</c><00:08:44.399><c> to</c><00:08:44.560><c> see</c><00:08:45.120><c> Buyers</c><00:08:45.640><c> work</c><00:08:45.880><c> with</c>

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we're starting to see Buyers work with
 

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we're starting to see Buyers work with
us<00:08:46.800><c> uh</c><00:08:46.920><c> sort</c><00:08:47.120><c> of</c><00:08:47.680><c> offline</c><00:08:48.200><c> right</c><00:08:48.360><c> now</c><00:08:48.600><c> but</c><00:08:48.720><c> it's</c>

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us uh sort of offline right now but it's
 

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us uh sort of offline right now but it's
but<00:08:49.120><c> it's</c><00:08:49.240><c> beginning</c><00:08:50.000><c> um</c><00:08:50.120><c> and</c><00:08:50.240><c> then</c><00:08:50.320><c> we're</c>

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but it's beginning um and then we're
 

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but it's beginning um and then we're
looking<00:08:50.640><c> at</c><00:08:50.800><c> what</c><00:08:50.880><c> the</c><00:08:51.000><c> protocol</c><00:08:51.360><c> and</c><00:08:51.480><c> the</c>

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looking at what the protocol and the
 

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looking at what the protocol and the
governance<00:08:51.959><c> can</c><00:08:52.080><c> be</c><00:08:52.200><c> for</c><00:08:52.399><c> all</c><00:08:52.519><c> of</c>

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governance can be for all of
 

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governance can be for all of
that<00:08:54.320><c> um</c><00:08:54.680><c> the</c><00:08:54.800><c> other</c><00:08:54.959><c> thing</c><00:08:55.080><c> you</c><00:08:55.160><c> have</c><00:08:55.240><c> to</c><00:08:55.320><c> do</c>

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that um the other thing you have to do
 

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that um the other thing you have to do
if<00:08:55.519><c> you're</c><00:08:55.800><c> building</c><00:08:56.800><c> a</c><00:08:56.920><c> Marketplace</c><00:08:57.600><c> is</c><00:08:58.079><c> you</c>

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if you're building a Marketplace is you
 

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if you're building a Marketplace is you
also<00:08:58.640><c> have</c><00:08:58.760><c> to</c><00:08:59.519><c> you</c><00:08:59.720><c> also</c><00:08:59.880><c> have</c><00:08:59.959><c> to</c><00:09:00.040><c> figure</c><00:09:00.240><c> out</c>

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also have to you also have to figure out
 

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also have to you also have to figure out
who's<00:09:00.600><c> going</c><00:09:00.720><c> to</c><00:09:00.880><c> be</c><00:09:01.200><c> who's</c><00:09:01.360><c> going</c><00:09:01.440><c> to</c><00:09:01.560><c> take</c>

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who's going to be who's going to take
 

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who's going to be who's going to take
part<00:09:01.880><c> of</c><00:09:02.000><c> it</c><00:09:02.680><c> we've</c><00:09:02.920><c> identified</c><00:09:03.399><c> in</c><00:09:03.519><c> this</c>

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part of it we've identified in this
 

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part of it we've identified in this
whole<00:09:04.360><c> system</c><00:09:05.360><c> um</c><00:09:06.000><c> a</c><00:09:06.200><c> set</c><00:09:06.480><c> of</c><00:09:06.760><c> of</c><00:09:06.959><c> of</c><00:09:07.120><c> actors</c>

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whole system um a set of of of actors
 

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whole system um a set of of of actors
that's<00:09:07.959><c> everything</c><00:09:08.279><c> from</c><00:09:08.440><c> the</c><00:09:08.519><c> government</c>

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that's everything from the government
 

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that's everything from the government
Ministries<00:09:09.440><c> who</c><00:09:09.560><c> are</c><00:09:09.680><c> already</c><00:09:10.000><c> buying</c>

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Ministries who are already buying
 

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Ministries who are already buying
connectivity<00:09:10.920><c> for</c><00:09:11.040><c> their</c><00:09:11.160><c> schools</c><00:09:11.440><c> and</c>

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connectivity for their schools and
 

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connectivity for their schools and
health<00:09:11.800><c> centers</c><00:09:12.720><c> um</c><00:09:13.079><c> to</c><00:09:13.279><c> the</c><00:09:13.399><c> sellers</c><00:09:13.959><c> the</c>

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health centers um to the sellers the
 

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health centers um to the sellers the
isps<00:09:15.399><c> new</c><00:09:16.000><c> new</c><00:09:16.320><c> new</c><00:09:16.519><c> isps</c><00:09:16.920><c> or</c><00:09:17.000><c> network</c>

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isps new new new isps or network
 

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isps new new new isps or network
operators<00:09:17.680><c> coming</c><00:09:17.839><c> in</c><00:09:18.000><c> groups</c><00:09:18.279><c> like</c><00:09:18.399><c> starlink</c>

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operators coming in groups like starlink
 

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operators coming in groups like starlink
to<00:09:19.160><c> old</c><00:09:19.360><c> ones</c><00:09:19.640><c> the</c><00:09:19.800><c> incumbent</c><00:09:20.399><c> operators</c><00:09:21.399><c> um</c>

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to old ones the incumbent operators um
 

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to old ones the incumbent operators um
as<00:09:21.920><c> well</c><00:09:22.120><c> as</c><00:09:22.320><c> investors</c><00:09:22.760><c> who</c><00:09:22.920><c> would</c><00:09:23.040><c> want</c><00:09:23.160><c> to</c>

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as well as investors who would want to
 

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as well as investors who would want to
be<00:09:23.480><c> part</c><00:09:23.600><c> of</c><00:09:23.680><c> a</c><00:09:23.839><c> kind</c><00:09:23.959><c> of</c><00:09:24.320><c> marketplace</c>

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be part of a kind of marketplace
 

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be part of a kind of marketplace
environment<00:09:26.240><c> and</c><00:09:26.399><c> we've</c><00:09:26.640><c> already</c><00:09:26.839><c> started</c>

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environment and we've already started
 

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environment and we've already started
stacking<00:09:27.640><c> these</c><00:09:27.800><c> up</c><00:09:28.000><c> in</c><00:09:28.160><c> four</c><00:09:28.480><c> countries</c><00:09:29.600><c> um</c>

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stacking these up in four countries um
 

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stacking these up in four countries um
five<00:09:30.320><c> countries</c><00:09:31.040><c> which</c><00:09:31.160><c> is</c><00:09:31.320><c> really</c><00:09:31.560><c> exciting</c>

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five countries which is really exciting
 

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five countries which is really exciting
so<00:09:32.079><c> in</c><00:09:32.240><c> each</c><00:09:32.440><c> of</c><00:09:32.600><c> these</c><00:09:32.760><c> countries</c><00:09:33.040><c> we're</c>

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so in each of these countries we're
 

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so in each of these countries we're
building<00:09:33.480><c> a</c><00:09:33.600><c> small</c><00:09:33.920><c> prototype</c><00:09:34.760><c> of</c><00:09:35.000><c> this</c>

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building a small prototype of this
 

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building a small prototype of this
Marketplace<00:09:36.320><c> which</c><00:09:36.440><c> is</c><00:09:36.600><c> really</c><00:09:36.760><c> a</c><00:09:36.880><c> onetoone</c>

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Marketplace which is really a onetoone
 

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Marketplace which is really a onetoone
relationship<00:09:37.920><c> between</c><00:09:38.160><c> a</c><00:09:38.279><c> seller</c><00:09:38.640><c> and</c><00:09:38.760><c> a</c>

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relationship between a seller and a
 

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relationship between a seller and a
buyer<00:09:39.640><c> in</c><00:09:39.839><c> that</c><00:09:40.040><c> country</c><00:09:40.640><c> for</c><00:09:40.959><c> school</c>

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buyer in that country for school
 

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buyer in that country for school
connectivity<00:09:41.800><c> and</c><00:09:41.920><c> what</c><00:09:42.040><c> we're</c><00:09:42.279><c> saying</c><00:09:42.920><c> is</c>

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connectivity and what we're saying is
 

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connectivity and what we're saying is
essentially<00:09:43.839><c> this</c><00:09:44.839><c> if</c><00:09:45.000><c> you</c><00:09:45.360><c> are</c><00:09:46.360><c> somebody</c>

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essentially this if you are somebody
 

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essentially this if you are somebody
who's<00:09:46.880><c> going</c><00:09:47.000><c> to</c><00:09:47.160><c> connect</c><00:09:47.480><c> schools</c><00:09:47.800><c> you're</c><00:09:47.959><c> a</c>

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who's going to connect schools you're a
 

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who's going to connect schools you're a
small<00:09:48.519><c> ISP</c><00:09:49.519><c> internet</c><00:09:49.920><c> service</c><00:09:50.240><c> provider</c><00:09:50.560><c> or</c>

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small ISP internet service provider or
 

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small ISP internet service provider or
not<00:09:50.880><c> Network</c><00:09:51.200><c> operator</c><00:09:51.519><c> and</c><00:09:51.600><c> you</c><00:09:51.680><c> want</c><00:09:51.800><c> to</c>

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not Network operator and you want to
 

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not Network operator and you want to
connect<00:09:52.200><c> those</c><00:09:52.320><c> schools</c><00:09:52.720><c> all</c><00:09:52.839><c> the</c><00:09:52.959><c> way</c><00:09:53.079><c> over</c>

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connect those schools all the way over
 

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connect those schools all the way over
there<00:09:53.920><c> but</c><00:09:54.079><c> they're</c><00:09:54.320><c> really</c><00:09:54.560><c> far</c><00:09:54.760><c> away</c><00:09:55.000><c> it's</c>

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there but they're really far away it's
 

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there but they're really far away it's
expensive<00:09:55.720><c> and</c><00:09:55.800><c> you</c><00:09:55.920><c> don't</c><00:09:56.079><c> maybe</c><00:09:56.360><c> have</c><00:09:56.519><c> the</c>

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expensive and you don't maybe have the
 

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expensive and you don't maybe have the
money<00:09:57.200><c> to</c><00:09:57.360><c> outlay</c><00:09:57.760><c> the</c><00:09:57.839><c> capital</c><00:09:58.160><c> at</c><00:09:58.320><c> first</c>

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money to outlay the capital at first
 

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money to outlay the capital at first
we'll<00:09:59.000><c> give</c><00:09:59.079><c> you</c><00:09:59.200><c> a</c><00:09:59.480><c> credit</c><00:09:59.760><c> for</c><00:09:59.880><c> connecting</c>

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we'll give you a credit for connecting
 

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we'll give you a credit for connecting
the<00:10:00.440><c> school</c><00:10:00.959><c> and</c><00:10:01.079><c> the</c><00:10:01.279><c> further</c><00:10:01.640><c> away</c><00:10:01.839><c> it</c><00:10:02.000><c> is</c>

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the school and the further away it is
 

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the school and the further away it is
the<00:10:02.320><c> more</c><00:10:02.519><c> credits</c><00:10:02.839><c> you're</c><00:10:02.959><c> going</c><00:10:03.040><c> to</c><00:10:03.160><c> get</c>

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the more credits you're going to get
 

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the more credits you're going to get
it's<00:10:03.480><c> up</c><00:10:03.600><c> in</c><00:10:03.720><c> a</c><00:10:03.839><c> mountain</c><00:10:04.519><c> more</c><00:10:04.720><c> credits</c>

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it's up in a mountain more credits
 

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it's up in a mountain more credits
there's<00:10:05.240><c> no</c><00:10:05.399><c> electricity</c><00:10:06.079><c> more</c><00:10:06.320><c> credits</c><00:10:06.800><c> and</c>

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there's no electricity more credits and
 

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there's no electricity more credits and
so<00:10:07.399><c> on</c><00:10:08.399><c> so</c><00:10:08.640><c> you</c><00:10:08.839><c> as</c><00:10:08.959><c> a</c><00:10:09.079><c> small</c><00:10:09.320><c> ISP</c><00:10:09.760><c> can</c><00:10:09.959><c> go</c><00:10:10.079><c> and</c>

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so on so you as a small ISP can go and
 

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so on so you as a small ISP can go and
do<00:10:10.440><c> all</c><00:10:10.560><c> of</c><00:10:10.720><c> that</c><00:10:10.839><c> hard</c><00:10:11.040><c> work</c><00:10:11.640><c> knowing</c><00:10:12.079><c> that</c>

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do all of that hard work knowing that
 

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do all of that hard work knowing that
you're<00:10:12.360><c> at</c><00:10:12.480><c> some</c><00:10:12.640><c> point</c><00:10:12.800><c> going</c><00:10:12.880><c> to</c><00:10:13.000><c> get</c><00:10:13.120><c> repaid</c>

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you're at some point going to get repaid
 

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you're at some point going to get repaid
at<00:10:13.959><c> the</c><00:10:14.160><c> same</c><00:10:14.440><c> time</c><00:10:14.640><c> we</c><00:10:14.760><c> go</c><00:10:14.880><c> to</c><00:10:15.000><c> the</c><00:10:15.079><c> government</c>

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at the same time we go to the government
 

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at the same time we go to the government
we<00:10:15.760><c> go</c><00:10:15.839><c> to</c><00:10:15.959><c> the</c><00:10:16.040><c> Minister</c><00:10:16.360><c> of</c><00:10:16.519><c> Finance</c><00:10:17.160><c> others</c>

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we go to the Minister of Finance others
 

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we go to the Minister of Finance others
in<00:10:17.519><c> the</c><00:10:17.600><c> government</c><00:10:17.920><c> and</c><00:10:18.000><c> we</c><00:10:18.120><c> say</c><00:10:18.440><c> if</c><00:10:18.959><c> we</c><00:10:19.120><c> bring</c>

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in the government and we say if we bring
 

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in the government and we say if we bring
you<00:10:19.560><c> these</c><00:10:19.720><c> credits</c><00:10:20.040><c> at</c><00:10:20.160><c> the</c><00:10:20.240><c> end</c><00:10:20.360><c> of</c><00:10:20.440><c> the</c><00:10:20.560><c> year</c>

00:10:20.990 --> 00:10:21.000 align:start position:0%
you these credits at the end of the year
 

00:10:21.000 --> 00:10:22.710 align:start position:0%
you these credits at the end of the year
and<00:10:21.120><c> if</c><00:10:21.240><c> a</c><00:10:21.360><c> company</c><00:10:21.640><c> brings</c><00:10:21.920><c> them</c><00:10:22.079><c> to</c><00:10:22.200><c> you</c><00:10:22.600><c> you</c>

00:10:22.710 --> 00:10:22.720 align:start position:0%
and if a company brings them to you you
 

00:10:22.720 --> 00:10:24.269 align:start position:0%
and if a company brings them to you you
will<00:10:22.880><c> go</c><00:10:23.040><c> and</c><00:10:23.160><c> give</c><00:10:23.399><c> that</c><00:10:23.560><c> company</c><00:10:23.880><c> a</c><00:10:24.040><c> tax</c>

00:10:24.269 --> 00:10:24.279 align:start position:0%
will go and give that company a tax
 

00:10:24.279 --> 00:10:26.230 align:start position:0%
will go and give that company a tax
break<00:10:24.760><c> you'll</c><00:10:25.000><c> reduce</c><00:10:25.320><c> their</c><00:10:25.560><c> corporate</c><00:10:25.959><c> tax</c>

00:10:26.230 --> 00:10:26.240 align:start position:0%
break you'll reduce their corporate tax
 

00:10:26.240 --> 00:10:27.790 align:start position:0%
break you'll reduce their corporate tax
you'll<00:10:26.760><c> give</c><00:10:26.920><c> them</c><00:10:27.079><c> some</c><00:10:27.240><c> kind</c><00:10:27.360><c> of</c><00:10:27.480><c> incentive</c>

00:10:27.790 --> 00:10:27.800 align:start position:0%
you'll give them some kind of incentive
 

00:10:27.800 --> 00:10:29.030 align:start position:0%
you'll give them some kind of incentive
for<00:10:27.959><c> doing</c><00:10:28.160><c> that</c><00:10:28.279><c> and</c><00:10:28.360><c> the</c><00:10:28.440><c> government</c><00:10:28.720><c> says</c>

00:10:29.030 --> 00:10:29.040 align:start position:0%
for doing that and the government says
 

00:10:29.040 --> 00:10:29.990 align:start position:0%
for doing that and the government says
okay

00:10:29.990 --> 00:10:30.000 align:start position:0%
okay
 

00:10:30.000 --> 00:10:32.110 align:start position:0%
okay
and<00:10:30.120><c> so</c><00:10:30.360><c> between</c><00:10:30.800><c> those</c><00:10:31.040><c> two</c><00:10:31.560><c> we</c><00:10:31.680><c> create</c><00:10:31.920><c> a</c>

00:10:32.110 --> 00:10:32.120 align:start position:0%
and so between those two we create a
 

00:10:32.120 --> 00:10:34.389 align:start position:0%
and so between those two we create a
system<00:10:32.480><c> where</c><00:10:32.640><c> we're</c><00:10:32.839><c> able</c><00:10:33.079><c> to</c><00:10:33.600><c> fairly</c><00:10:34.040><c> Mark</c>

00:10:34.389 --> 00:10:34.399 align:start position:0%
system where we're able to fairly Mark
 

00:10:34.399 --> 00:10:36.110 align:start position:0%
system where we're able to fairly Mark
that<00:10:34.519><c> the</c><00:10:34.640><c> commodity</c><00:10:35.000><c> has</c><00:10:35.160><c> been</c><00:10:35.320><c> delivered</c>

00:10:36.110 --> 00:10:36.120 align:start position:0%
that the commodity has been delivered
 

00:10:36.120 --> 00:10:37.430 align:start position:0%
that the commodity has been delivered
even<00:10:36.440><c> before</c><00:10:36.680><c> all</c><00:10:36.800><c> of</c><00:10:36.920><c> the</c><00:10:37.000><c> work</c><00:10:37.160><c> has</c><00:10:37.320><c> been</c>

00:10:37.430 --> 00:10:37.440 align:start position:0%
even before all of the work has been
 

00:10:37.440 --> 00:10:39.389 align:start position:0%
even before all of the work has been
done<00:10:37.600><c> and</c><00:10:37.720><c> the</c><00:10:37.880><c> service</c><00:10:38.200><c> provider</c><00:10:38.600><c> knows</c><00:10:38.959><c> that</c>

00:10:39.389 --> 00:10:39.399 align:start position:0%
done and the service provider knows that
 

00:10:39.399 --> 00:10:40.750 align:start position:0%
done and the service provider knows that
by<00:10:39.560><c> the</c><00:10:39.680><c> time</c><00:10:39.880><c> they</c><00:10:40.000><c> connect</c><00:10:40.279><c> that</c><00:10:40.399><c> school</c><00:10:40.639><c> or</c>

00:10:40.750 --> 00:10:40.760 align:start position:0%
by the time they connect that school or
 

00:10:40.760 --> 00:10:41.910 align:start position:0%
by the time they connect that school or
that<00:10:40.880><c> Health</c><00:10:41.040><c> Center</c><00:10:41.279><c> that's</c><00:10:41.440><c> so</c><00:10:41.600><c> far</c><00:10:41.760><c> away</c>

00:10:41.910 --> 00:10:41.920 align:start position:0%
that Health Center that's so far away
 

00:10:41.920 --> 00:10:43.509 align:start position:0%
that Health Center that's so far away
that<00:10:42.040><c> nobody</c><00:10:42.279><c> wants</c><00:10:42.440><c> to</c><00:10:42.560><c> connect</c><00:10:42.839><c> it</c><00:10:43.200><c> they'll</c>

00:10:43.509 --> 00:10:43.519 align:start position:0%
that nobody wants to connect it they'll
 

00:10:43.519 --> 00:10:45.350 align:start position:0%
that nobody wants to connect it they'll
actually<00:10:43.720><c> get</c><00:10:43.920><c> paid</c><00:10:44.200><c> back</c><00:10:44.639><c> so</c><00:10:44.839><c> we</c><00:10:44.959><c> put</c><00:10:45.079><c> up</c><00:10:45.200><c> here</c>

00:10:45.350 --> 00:10:45.360 align:start position:0%
actually get paid back so we put up here
 

00:10:45.360 --> 00:10:48.030 align:start position:0%
actually get paid back so we put up here
just<00:10:45.519><c> a</c><00:10:45.639><c> few</c><00:10:45.839><c> of</c><00:10:45.959><c> the</c><00:10:46.120><c> different</c><00:10:46.760><c> use</c><00:10:47.160><c> cases</c><00:10:47.880><c> uh</c>

00:10:48.030 --> 00:10:48.040 align:start position:0%
just a few of the different use cases uh
 

00:10:48.040 --> 00:10:50.910 align:start position:0%
just a few of the different use cases uh
that<00:10:48.160><c> we</c><00:10:48.399><c> have</c><00:10:49.120><c> for</c><00:10:50.040><c> and</c><00:10:50.240><c> and</c><00:10:50.399><c> sort</c><00:10:50.560><c> of</c><00:10:50.720><c> those</c>

00:10:50.910 --> 00:10:50.920 align:start position:0%
that we have for and and sort of those
 

00:10:50.920 --> 00:10:52.350 align:start position:0%
that we have for and and sort of those
those<00:10:51.079><c> pairing</c><00:10:51.399><c> of</c><00:10:51.519><c> users</c><00:10:51.920><c> that</c><00:10:52.040><c> we're</c><00:10:52.240><c> that</c>

00:10:52.350 --> 00:10:52.360 align:start position:0%
those pairing of users that we're that
 

00:10:52.360 --> 00:10:54.150 align:start position:0%
those pairing of users that we're that
we're<00:10:52.480><c> building</c><00:10:52.760><c> for</c><00:10:53.040><c> in</c><00:10:53.320><c> in</c><00:10:53.800><c> different</c>

00:10:54.150 --> 00:10:54.160 align:start position:0%
we're building for in in different
 

00:10:54.160 --> 00:10:55.910 align:start position:0%
we're building for in in different
countries<00:10:55.160><c> um</c><00:10:55.279><c> some</c><00:10:55.399><c> of</c><00:10:55.519><c> them</c><00:10:55.600><c> use</c><00:10:55.800><c> the</c>

00:10:55.910 --> 00:10:55.920 align:start position:0%
countries um some of them use the
 

00:10:55.920 --> 00:10:57.509 align:start position:0%
countries um some of them use the
universal<00:10:56.360><c> service</c><00:10:56.680><c> fund</c><00:10:56.920><c> as</c><00:10:57.040><c> the</c><00:10:57.160><c> backing</c>

00:10:57.509 --> 00:10:57.519 align:start position:0%
universal service fund as the backing
 

00:10:57.519 --> 00:10:59.790 align:start position:0%
universal service fund as the backing
some<00:10:57.639><c> of</c><00:10:57.760><c> them</c><00:10:57.920><c> use</c><00:10:58.480><c> corporate</c><00:10:58.839><c> tax</c>

00:10:59.790 --> 00:10:59.800 align:start position:0%
some of them use corporate tax
 

00:10:59.800 --> 00:11:02.389 align:start position:0%
some of them use corporate tax
and<00:10:59.920><c> some</c><00:11:00.040><c> of</c><00:11:00.160><c> them</c><00:11:00.720><c> use</c><00:11:01.720><c> uh</c><00:11:01.959><c> things</c><00:11:02.160><c> that</c><00:11:02.279><c> are</c>

00:11:02.389 --> 00:11:02.399 align:start position:0%
and some of them use uh things that are
 

00:11:02.399 --> 00:11:04.550 align:start position:0%
and some of them use uh things that are
already<00:11:02.639><c> in</c><00:11:02.800><c> place</c><00:11:03.040><c> like</c><00:11:03.200><c> National</c><00:11:03.560><c> fiber</c><00:11:04.360><c> as</c>

00:11:04.550 --> 00:11:04.560 align:start position:0%
already in place like National fiber as
 

00:11:04.560 --> 00:11:06.629 align:start position:0%
already in place like National fiber as
the<00:11:04.839><c> asset</c><00:11:05.399><c> that</c><00:11:05.600><c> gets</c><00:11:05.839><c> paid</c><00:11:06.079><c> off</c><00:11:06.279><c> so</c><00:11:06.440><c> for</c>

00:11:06.629 --> 00:11:06.639 align:start position:0%
the asset that gets paid off so for
 

00:11:06.639 --> 00:11:08.310 align:start position:0%
the asset that gets paid off so for
example<00:11:07.360><c> you</c><00:11:07.480><c> could</c><00:11:07.600><c> say</c><00:11:07.800><c> if</c><00:11:07.880><c> you</c><00:11:08.040><c> connect</c>

00:11:08.310 --> 00:11:08.320 align:start position:0%
example you could say if you connect
 

00:11:08.320 --> 00:11:09.750 align:start position:0%
example you could say if you connect
those<00:11:08.440><c> schools</c><00:11:08.680><c> far</c><00:11:08.880><c> away</c><00:11:09.079><c> your</c><00:11:09.200><c> credit</c><00:11:09.519><c> will</c>

00:11:09.750 --> 00:11:09.760 align:start position:0%
those schools far away your credit will
 

00:11:09.760 --> 00:11:12.470 align:start position:0%
those schools far away your credit will
buy<00:11:10.040><c> you</c><00:11:10.440><c> access</c><00:11:11.120><c> will</c><00:11:11.279><c> buy</c><00:11:11.440><c> you</c><00:11:11.560><c> free</c><00:11:11.920><c> access</c>

00:11:12.470 --> 00:11:12.480 align:start position:0%
buy you access will buy you free access
 

00:11:12.480 --> 00:11:14.150 align:start position:0%
buy you access will buy you free access
to<00:11:12.639><c> the</c><00:11:12.800><c> National</c><00:11:13.120><c> fiber</c><00:11:13.440><c> backbone</c><00:11:13.839><c> or</c><00:11:13.959><c> a</c>

00:11:14.150 --> 00:11:14.160 align:start position:0%
to the National fiber backbone or a
 

00:11:14.160 --> 00:11:16.629 align:start position:0%
to the National fiber backbone or a
place<00:11:14.399><c> on</c><00:11:14.600><c> somebody's</c><00:11:15.480><c> cell</c><00:11:15.880><c> tower</c><00:11:16.160><c> or</c><00:11:16.320><c> their</c>

00:11:16.629 --> 00:11:16.639 align:start position:0%
place on somebody's cell tower or their
 

00:11:16.639 --> 00:11:18.629 align:start position:0%
place on somebody's cell tower or their
Mast<00:11:17.639><c> and</c><00:11:17.760><c> this</c><00:11:17.839><c> is</c><00:11:17.959><c> pretty</c><00:11:18.160><c> exciting</c><00:11:18.480><c> so</c>

00:11:18.629 --> 00:11:18.639 align:start position:0%
Mast and this is pretty exciting so
 

00:11:18.639 --> 00:11:21.110 align:start position:0%
Mast and this is pretty exciting so
these<00:11:18.800><c> four</c><00:11:19.040><c> or</c><00:11:19.240><c> five</c><00:11:19.920><c> Pilots</c><00:11:20.240><c> are</c><00:11:20.440><c> getting</c>

00:11:21.110 --> 00:11:21.120 align:start position:0%
these four or five Pilots are getting
 

00:11:21.120 --> 00:11:23.430 align:start position:0%
these four or five Pilots are getting
getting<00:11:22.000><c> instantiated</c><00:11:22.720><c> now</c><00:11:22.880><c> built</c><00:11:23.079><c> out</c><00:11:23.279><c> now</c>

00:11:23.430 --> 00:11:23.440 align:start position:0%
getting instantiated now built out now
 

00:11:23.440 --> 00:11:24.710 align:start position:0%
getting instantiated now built out now
we're<00:11:23.560><c> going</c><00:11:23.639><c> to</c><00:11:23.760><c> learn</c><00:11:24.079><c> of</c><00:11:24.240><c> over</c><00:11:24.399><c> the</c><00:11:24.519><c> next</c>

00:11:24.710 --> 00:11:24.720 align:start position:0%
we're going to learn of over the next
 

00:11:24.720 --> 00:11:26.269 align:start position:0%
we're going to learn of over the next
year<00:11:24.920><c> what</c><00:11:25.040><c> works</c><00:11:25.279><c> and</c><00:11:25.480><c> what</c><00:11:25.600><c> doesn't</c><00:11:26.200><c> and</c>

00:11:26.269 --> 00:11:26.279 align:start position:0%
year what works and what doesn't and
 

00:11:26.279 --> 00:11:28.350 align:start position:0%
year what works and what doesn't and
then<00:11:26.399><c> we</c><00:11:26.519><c> get</c><00:11:26.639><c> to</c><00:11:26.760><c> start</c><00:11:26.959><c> to</c><00:11:27.120><c> bring</c><00:11:27.279><c> in</c><00:11:27.519><c> a</c><00:11:27.800><c> much</c>

00:11:28.350 --> 00:11:28.360 align:start position:0%
then we get to start to bring in a much
 

00:11:28.360 --> 00:11:30.829 align:start position:0%
then we get to start to bring in a much
larger<00:11:28.880><c> group</c><00:11:29.399><c> of</c><00:11:29.600><c> players</c><00:11:30.560><c> because</c><00:11:30.720><c> a</c>

00:11:30.829 --> 00:11:30.839 align:start position:0%
larger group of players because a
 

00:11:30.839 --> 00:11:32.230 align:start position:0%
larger group of players because a
Marketplace<00:11:31.320><c> doesn't</c><00:11:31.519><c> work</c><00:11:31.720><c> with</c><00:11:31.880><c> just</c><00:11:32.040><c> one</c>

00:11:32.230 --> 00:11:32.240 align:start position:0%
Marketplace doesn't work with just one
 

00:11:32.240 --> 00:11:33.829 align:start position:0%
Marketplace doesn't work with just one
buyer<00:11:32.560><c> and</c><00:11:32.680><c> one</c><00:11:32.839><c> seller</c><00:11:33.279><c> that's</c><00:11:33.440><c> not</c><00:11:33.560><c> a</c><00:11:33.680><c> very</c>

00:11:33.829 --> 00:11:33.839 align:start position:0%
buyer and one seller that's not a very
 

00:11:33.839 --> 00:11:36.590 align:start position:0%
buyer and one seller that's not a very
good<00:11:34.040><c> Market</c><00:11:34.920><c> um</c><00:11:35.160><c> the</c><00:11:35.320><c> idea</c><00:11:35.680><c> is</c><00:11:35.800><c> that</c><00:11:36.040><c> these</c>

00:11:36.590 --> 00:11:36.600 align:start position:0%
good Market um the idea is that these
 

00:11:36.600 --> 00:11:37.910 align:start position:0%
good Market um the idea is that these
credits<00:11:37.000><c> can</c><00:11:37.120><c> really</c><00:11:37.360><c> become</c><00:11:37.600><c> digital</c>

00:11:37.910 --> 00:11:37.920 align:start position:0%
credits can really become digital
 

00:11:37.920 --> 00:11:40.069 align:start position:0%
credits can really become digital
infrastructure<00:11:38.519><c> credits</c><00:11:38.959><c> they</c><00:11:39.040><c> can</c><00:11:39.240><c> become</c>

00:11:40.069 --> 00:11:40.079 align:start position:0%
infrastructure credits they can become
 

00:11:40.079 --> 00:11:43.509 align:start position:0%
infrastructure credits they can become
um<00:11:40.360><c> used</c><00:11:40.720><c> by</c><00:11:40.959><c> anybody</c><00:11:41.399><c> who</c><00:11:41.560><c> wants</c><00:11:42.000><c> to</c><00:11:43.000><c> start</c><00:11:43.279><c> to</c>

00:11:43.509 --> 00:11:43.519 align:start position:0%
um used by anybody who wants to start to
 

00:11:43.519 --> 00:11:46.230 align:start position:0%
um used by anybody who wants to start to
connect<00:11:44.519><c> new</c><00:11:44.800><c> communities</c><00:11:45.399><c> we</c><00:11:45.639><c> just</c><00:11:45.880><c> heard</c>

00:11:46.230 --> 00:11:46.240 align:start position:0%
connect new communities we just heard
 

00:11:46.240 --> 00:11:51.230 align:start position:0%
connect new communities we just heard
about<00:11:46.839><c> node</c><00:11:47.320><c> bias</c><00:11:48.200><c> against</c><00:11:48.480><c> poor</c><00:11:49.120><c> places</c><00:11:50.240><c> um</c>

00:11:51.230 --> 00:11:51.240 align:start position:0%
about node bias against poor places um
 

00:11:51.240 --> 00:11:53.710 align:start position:0%
about node bias against poor places um
if<00:11:51.360><c> you</c><00:11:51.519><c> have</c><00:11:51.639><c> an</c><00:11:51.839><c> interest</c><00:11:52.240><c> in</c><00:11:53.120><c> connecting</c>

00:11:53.710 --> 00:11:53.720 align:start position:0%
if you have an interest in connecting
 

00:11:53.720 --> 00:11:55.269 align:start position:0%
if you have an interest in connecting
something<00:11:54.000><c> and</c><00:11:54.160><c> getting</c><00:11:54.360><c> it</c><00:11:54.519><c> on</c><00:11:54.680><c> the</c><00:11:54.880><c> network</c>

00:11:55.269 --> 00:11:55.279 align:start position:0%
something and getting it on the network
 

00:11:55.279 --> 00:11:57.389 align:start position:0%
something and getting it on the network
and<00:11:55.600><c> creating</c><00:11:55.959><c> a</c><00:11:56.120><c> node</c><00:11:56.519><c> in</c><00:11:56.720><c> any</c><00:11:56.959><c> sense</c><00:11:57.240><c> whether</c>

00:11:57.389 --> 00:11:57.399 align:start position:0%
and creating a node in any sense whether
 

00:11:57.399 --> 00:11:59.069 align:start position:0%
and creating a node in any sense whether
it's<00:11:57.519><c> a</c><00:11:57.680><c> data</c><00:11:57.959><c> center</c><00:11:58.600><c> or</c><00:11:58.720><c> if</c><00:11:58.800><c> you're</c><00:11:58.920><c> trying</c>

00:11:59.069 --> 00:11:59.079 align:start position:0%
it's a data center or if you're trying
 

00:11:59.079 --> 00:12:01.190 align:start position:0%
it's a data center or if you're trying
to<00:11:59.279><c> do</c><00:11:59.440><c> Edge</c><00:11:59.720><c> AI</c><00:12:00.440><c> or</c><00:12:00.560><c> if</c><00:12:00.639><c> you're</c><00:12:00.760><c> trying</c><00:12:00.959><c> to</c><00:12:01.079><c> put</c>

00:12:01.190 --> 00:12:01.200 align:start position:0%
to do Edge AI or if you're trying to put
 

00:12:01.200 --> 00:12:03.350 align:start position:0%
to do Edge AI or if you're trying to put
an<00:12:01.320><c> ethereum</c><00:12:01.720><c> node</c><00:12:02.000><c> up</c><00:12:02.720><c> you</c><00:12:02.839><c> need</c><00:12:03.040><c> to</c><00:12:03.200><c> have</c>

00:12:03.350 --> 00:12:03.360 align:start position:0%
an ethereum node up you need to have
 

00:12:03.360 --> 00:12:05.110 align:start position:0%
an ethereum node up you need to have
connectivity<00:12:04.320><c> and</c><00:12:04.440><c> so</c><00:12:04.560><c> we</c><00:12:04.639><c> can</c><00:12:04.800><c> start</c><00:12:04.959><c> to</c>

00:12:05.110 --> 00:12:05.120 align:start position:0%
connectivity and so we can start to
 

00:12:05.120 --> 00:12:07.590 align:start position:0%
connectivity and so we can start to
create<00:12:05.360><c> a</c><00:12:05.519><c> dynamic</c><00:12:06.040><c> in</c><00:12:06.279><c> that</c><00:12:06.920><c> um</c><00:12:07.120><c> which</c>

00:12:07.590 --> 00:12:07.600 align:start position:0%
create a dynamic in that um which
 

00:12:07.600 --> 00:12:09.949 align:start position:0%
create a dynamic in that um which
rewards<00:12:08.200><c> people</c><00:12:08.440><c> for</c><00:12:08.720><c> connecting</c><00:12:09.320><c> and</c><00:12:09.519><c> allows</c>

00:12:09.949 --> 00:12:09.959 align:start position:0%
rewards people for connecting and allows
 

00:12:09.959 --> 00:12:11.629 align:start position:0%
rewards people for connecting and allows
for<00:12:10.240><c> the</c><00:12:10.480><c> things</c><00:12:10.839><c> the</c><00:12:11.000><c> people</c><00:12:11.279><c> that</c><00:12:11.360><c> need</c><00:12:11.519><c> to</c>

00:12:11.629 --> 00:12:11.639 align:start position:0%
for the things the people that need to
 

00:12:11.639 --> 00:12:13.710 align:start position:0%
for the things the people that need to
be<00:12:11.760><c> connected</c><00:12:12.600><c> uh</c><00:12:12.720><c> to</c><00:12:12.839><c> be</c><00:12:12.959><c> connected</c><00:12:13.320><c> cheaper</c>

00:12:13.710 --> 00:12:13.720 align:start position:0%
be connected uh to be connected cheaper
 

00:12:13.720 --> 00:12:15.550 align:start position:0%
be connected uh to be connected cheaper
and<00:12:13.839><c> I</c><00:12:13.920><c> just</c><00:12:14.000><c> want</c><00:12:14.120><c> to</c><00:12:14.880><c> just</c><00:12:15.079><c> I'll</c><00:12:15.240><c> tell</c><00:12:15.360><c> you</c><00:12:15.440><c> a</c>

00:12:15.550 --> 00:12:15.560 align:start position:0%
and I just want to just I'll tell you a
 

00:12:15.560 --> 00:12:16.750 align:start position:0%
and I just want to just I'll tell you a
quick<00:12:15.720><c> story</c><00:12:16.000><c> about</c><00:12:16.240><c> why</c><00:12:16.399><c> that's</c><00:12:16.560><c> so</c>

00:12:16.750 --> 00:12:16.760 align:start position:0%
quick story about why that's so
 

00:12:16.760 --> 00:12:18.990 align:start position:0%
quick story about why that's so
important<00:12:17.480><c> so</c><00:12:17.680><c> this</c><00:12:17.760><c> is</c><00:12:17.880><c> a</c><00:12:18.079><c> school</c><00:12:18.480><c> in</c><00:12:18.639><c> Kenya</c>

00:12:18.990 --> 00:12:19.000 align:start position:0%
important so this is a school in Kenya
 

00:12:19.000 --> 00:12:20.509 align:start position:0%
important so this is a school in Kenya
this<00:12:19.079><c> is</c><00:12:19.199><c> a</c><00:12:19.320><c> school</c><00:12:19.800><c> in</c><00:12:19.880><c> a</c><00:12:20.000><c> place</c><00:12:20.120><c> called</c><00:12:20.279><c> nun</c>

00:12:20.509 --> 00:12:20.519 align:start position:0%
this is a school in a place called nun
 

00:12:20.519 --> 00:12:22.389 align:start position:0%
this is a school in a place called nun
kapir<00:12:20.880><c> which</c><00:12:21.000><c> is</c><00:12:21.160><c> actually</c><00:12:21.920><c> it's</c><00:12:22.079><c> only</c><00:12:22.240><c> about</c>

00:12:22.389 --> 00:12:22.399 align:start position:0%
kapir which is actually it's only about
 

00:12:22.399 --> 00:12:24.110 align:start position:0%
kapir which is actually it's only about
15<00:12:22.720><c> kilometers</c><00:12:23.120><c> so</c><00:12:23.320><c> that's</c><00:12:23.600><c> that's</c><00:12:23.760><c> not</c><00:12:23.959><c> quite</c>

00:12:24.110 --> 00:12:24.120 align:start position:0%
15 kilometers so that's that's not quite
 

00:12:24.120 --> 00:12:27.550 align:start position:0%
15 kilometers so that's that's not quite
that<00:12:24.279><c> far</c><00:12:24.760><c> from</c><00:12:25.240><c> from</c><00:12:25.760><c> Nairobi</c><00:12:26.760><c> it's</c><00:12:27.040><c> a</c><00:12:27.360><c> it's</c><00:12:27.480><c> a</c>

00:12:27.550 --> 00:12:27.560 align:start position:0%
that far from from Nairobi it's a it's a
 

00:12:27.560 --> 00:12:28.750 align:start position:0%
that far from from Nairobi it's a it's a
school<00:12:27.800><c> that</c><00:12:27.880><c> we</c><00:12:28.000><c> help</c><00:12:28.160><c> to</c><00:12:28.279><c> connect</c><00:12:28.519><c> we</c><00:12:28.600><c> help</c>

00:12:28.750 --> 00:12:28.760 align:start position:0%
school that we help to connect we help
 

00:12:28.760 --> 00:12:30.110 align:start position:0%
school that we help to connect we help
the<00:12:28.839><c> Kenyan</c><00:12:29.199><c> government</c><00:12:29.440><c> connected</c><00:12:29.920><c> last</c>

00:12:30.110 --> 00:12:30.120 align:start position:0%
the Kenyan government connected last
 

00:12:30.120 --> 00:12:32.430 align:start position:0%
the Kenyan government connected last
year<00:12:30.560><c> so</c><00:12:30.720><c> this</c><00:12:30.839><c> is</c><00:12:30.959><c> the</c><00:12:31.160><c> school</c><00:12:31.560><c> if</c><00:12:31.680><c> you're</c>

00:12:32.430 --> 00:12:32.440 align:start position:0%
year so this is the school if you're
 

00:12:32.440 --> 00:12:34.030 align:start position:0%
year so this is the school if you're
looking<00:12:32.880><c> at</c><00:12:33.079><c> this</c><00:12:33.399><c> if</c><00:12:33.480><c> you're</c><00:12:33.639><c> kind</c><00:12:33.720><c> of</c><00:12:33.839><c> if</c><00:12:33.959><c> the</c>

00:12:34.030 --> 00:12:34.040 align:start position:0%
looking at this if you're kind of if the
 

00:12:34.040 --> 00:12:35.150 align:start position:0%
looking at this if you're kind of if the
school<00:12:34.199><c> is</c><00:12:34.320><c> in</c><00:12:34.440><c> back</c><00:12:34.600><c> of</c><00:12:34.720><c> you</c><00:12:34.839><c> and</c><00:12:34.920><c> you</c><00:12:35.000><c> look</c>

00:12:35.150 --> 00:12:35.160 align:start position:0%
school is in back of you and you look
 

00:12:35.160 --> 00:12:37.790 align:start position:0%
school is in back of you and you look
across<00:12:35.480><c> the</c><00:12:35.680><c> road</c><00:12:36.519><c> there</c><00:12:36.639><c> are</c><00:12:36.880><c> power</c><00:12:37.279><c> cables</c>

00:12:37.790 --> 00:12:37.800 align:start position:0%
across the road there are power cables
 

00:12:37.800 --> 00:12:39.389 align:start position:0%
across the road there are power cables
there's<00:12:38.240><c> fiber</c><00:12:38.760><c> somewhere</c><00:12:39.040><c> a</c><00:12:39.120><c> little</c><00:12:39.240><c> bit</c>

00:12:39.389 --> 00:12:39.399 align:start position:0%
there's fiber somewhere a little bit
 

00:12:39.399 --> 00:12:41.030 align:start position:0%
there's fiber somewhere a little bit
over<00:12:39.639><c> there</c><00:12:40.040><c> but</c><00:12:40.160><c> it</c><00:12:40.240><c> was</c><00:12:40.360><c> never</c><00:12:40.600><c> connected</c><00:12:40.959><c> to</c>

00:12:41.030 --> 00:12:41.040 align:start position:0%
over there but it was never connected to
 

00:12:41.040 --> 00:12:42.509 align:start position:0%
over there but it was never connected to
the<00:12:41.160><c> internet</c><00:12:41.480><c> it</c><00:12:41.560><c> was</c><00:12:41.680><c> never</c><00:12:41.880><c> connected</c><00:12:42.279><c> to</c>

00:12:42.509 --> 00:12:42.519 align:start position:0%
the internet it was never connected to
 

00:12:42.519 --> 00:12:45.550 align:start position:0%
the internet it was never connected to
to<00:12:43.160><c> electricity</c><00:12:44.160><c> um</c><00:12:44.880><c> and</c><00:12:45.000><c> one</c><00:12:45.160><c> of</c><00:12:45.240><c> the</c><00:12:45.320><c> reasons</c>

00:12:45.550 --> 00:12:45.560 align:start position:0%
to electricity um and one of the reasons
 

00:12:45.560 --> 00:12:47.750 align:start position:0%
to electricity um and one of the reasons
schools<00:12:45.880><c> often</c><00:12:46.120><c> in</c><00:12:46.519><c> warm</c><00:12:46.880><c> places</c><00:12:47.279><c> and</c><00:12:47.440><c> sunny</c>

00:12:47.750 --> 00:12:47.760 align:start position:0%
schools often in warm places and sunny
 

00:12:47.760 --> 00:12:49.150 align:start position:0%
schools often in warm places and sunny
places<00:12:48.000><c> aren't</c><00:12:48.199><c> connected</c><00:12:48.519><c> to</c><00:12:48.639><c> electricity</c>

00:12:49.150 --> 00:12:49.160 align:start position:0%
places aren't connected to electricity
 

00:12:49.160 --> 00:12:51.030 align:start position:0%
places aren't connected to electricity
is<00:12:49.320><c> that</c><00:12:49.399><c> you</c><00:12:49.519><c> don't</c><00:12:50.440><c> you</c><00:12:50.519><c> don't</c><00:12:50.680><c> need</c><00:12:50.839><c> it</c>

00:12:51.030 --> 00:12:51.040 align:start position:0%
is that you don't you don't need it
 

00:12:51.040 --> 00:12:52.189 align:start position:0%
is that you don't you don't need it
because<00:12:51.199><c> you're</c><00:12:51.360><c> in</c><00:12:51.480><c> school</c><00:12:51.760><c> during</c><00:12:51.959><c> the</c><00:12:52.079><c> day</c>

00:12:52.189 --> 00:12:52.199 align:start position:0%
because you're in school during the day
 

00:12:52.199 --> 00:12:53.350 align:start position:0%
because you're in school during the day
when<00:12:52.320><c> the</c><00:12:52.440><c> sun</c><00:12:52.639><c> is</c><00:12:52.720><c> out</c><00:12:52.880><c> and</c><00:12:52.959><c> you</c><00:12:53.079><c> just</c><00:12:53.240><c> have</c>

00:12:53.350 --> 00:12:53.360 align:start position:0%
when the sun is out and you just have
 

00:12:53.360 --> 00:12:55.189 align:start position:0%
when the sun is out and you just have
the<00:12:53.440><c> windows</c><00:12:53.800><c> open</c><00:12:54.360><c> and</c><00:12:54.480><c> it</c><00:12:54.560><c> was</c><00:12:54.680><c> never</c><00:12:55.079><c> a</c>

00:12:55.189 --> 00:12:55.199 align:start position:0%
the windows open and it was never a
 

00:12:55.199 --> 00:12:57.350 align:start position:0%
the windows open and it was never a
thing<00:12:55.440><c> before</c><00:12:55.760><c> but</c><00:12:56.199><c> with</c><00:12:56.440><c> these</c><00:12:57.040><c> with</c><00:12:57.199><c> this</c>

00:12:57.350 --> 00:12:57.360 align:start position:0%
thing before but with these with this
 

00:12:57.360 --> 00:12:58.509 align:start position:0%
thing before but with these with this
ability<00:12:57.680><c> of</c><00:12:57.800><c> ours</c><00:12:58.000><c> to</c><00:12:58.120><c> work</c><00:12:58.279><c> with</c><00:12:58.399><c> the</c>

00:12:58.509 --> 00:12:58.519 align:start position:0%
ability of ours to work with the
 

00:12:58.519 --> 00:12:59.790 align:start position:0%
ability of ours to work with the
government<00:12:58.800><c> we</c><00:12:58.880><c> were</c><00:12:59.199><c> able</c><00:12:59.399><c> to</c><00:12:59.519><c> help</c><00:12:59.680><c> the</c>

00:12:59.790 --> 00:12:59.800 align:start position:0%
government we were able to help the
 

00:12:59.800 --> 00:13:01.629 align:start position:0%
government we were able to help the
government<00:13:00.240><c> create</c><00:13:00.720><c> locate</c><00:13:01.120><c> this</c><00:13:01.279><c> school</c>

00:13:01.629 --> 00:13:01.639 align:start position:0%
government create locate this school
 

00:13:01.639 --> 00:13:03.870 align:start position:0%
government create locate this school
create<00:13:01.959><c> the</c><00:13:02.120><c> financing</c><00:13:02.720><c> for</c><00:13:02.880><c> it</c><00:13:03.480><c> um</c><00:13:03.600><c> and</c><00:13:03.720><c> do</c>

00:13:03.870 --> 00:13:03.880 align:start position:0%
create the financing for it um and do
 

00:13:03.880 --> 00:13:06.230 align:start position:0%
create the financing for it um and do
something<00:13:04.240><c> pretty</c><00:13:04.600><c> pretty</c><00:13:04.800><c> incredible</c><00:13:05.360><c> so</c>

00:13:06.230 --> 00:13:06.240 align:start position:0%
something pretty pretty incredible so
 

00:13:06.240 --> 00:13:07.949 align:start position:0%
something pretty pretty incredible so
there<00:13:06.360><c> is</c><00:13:06.480><c> a</c><00:13:06.639><c> server</c><00:13:06.959><c> there</c><00:13:07.160><c> it</c><00:13:07.320><c> has</c><00:13:07.399><c> the</c><00:13:07.560><c> Giga</c>

00:13:07.949 --> 00:13:07.959 align:start position:0%
there is a server there it has the Giga
 

00:13:07.959 --> 00:13:10.189 align:start position:0%
there is a server there it has the Giga
logo<00:13:08.240><c> on</c><00:13:08.360><c> it</c><00:13:08.720><c> it</c><00:13:08.880><c> also</c><00:13:09.079><c> has</c><00:13:09.279><c> liquid</c><00:13:09.639><c> telcoms</c>

00:13:10.189 --> 00:13:10.199 align:start position:0%
logo on it it also has liquid telcoms
 

00:13:10.199 --> 00:13:11.590 align:start position:0%
logo on it it also has liquid telcoms
logo<00:13:10.480><c> on</c><00:13:10.600><c> it</c><00:13:10.800><c> liquid</c><00:13:11.120><c> is</c><00:13:11.240><c> one</c><00:13:11.320><c> of</c><00:13:11.440><c> those</c>

00:13:11.590 --> 00:13:11.600 align:start position:0%
logo on it liquid is one of those
 

00:13:11.600 --> 00:13:13.910 align:start position:0%
logo on it liquid is one of those
infrastructure<00:13:12.199><c> providers</c><00:13:12.920><c> who</c><00:13:13.079><c> I</c><00:13:13.199><c> mentioned</c>

00:13:13.910 --> 00:13:13.920 align:start position:0%
infrastructure providers who I mentioned
 

00:13:13.920 --> 00:13:15.389 align:start position:0%
infrastructure providers who I mentioned
and<00:13:14.079><c> in</c><00:13:14.199><c> order</c><00:13:14.440><c> for</c><00:13:14.600><c> them</c><00:13:14.720><c> to</c><00:13:14.839><c> connect</c><00:13:15.240><c> the</c>

00:13:15.389 --> 00:13:15.399 align:start position:0%
and in order for them to connect the
 

00:13:15.399 --> 00:13:17.670 align:start position:0%
and in order for them to connect the
school<00:13:16.079><c> they</c><00:13:16.199><c> needed</c><00:13:16.480><c> to</c><00:13:16.680><c> borrow</c><00:13:17.120><c> space</c><00:13:17.399><c> on</c>

00:13:17.670 --> 00:13:17.680 align:start position:0%
school they needed to borrow space on
 

00:13:17.680 --> 00:13:19.550 align:start position:0%
school they needed to borrow space on
somebody<00:13:18.000><c> else's</c><00:13:18.360><c> cell</c><00:13:18.680><c> tower</c><00:13:19.199><c> and</c><00:13:19.320><c> they</c><00:13:19.399><c> were</c>

00:13:19.550 --> 00:13:19.560 align:start position:0%
somebody else's cell tower and they were
 

00:13:19.560 --> 00:13:22.110 align:start position:0%
somebody else's cell tower and they were
able<00:13:19.760><c> to</c><00:13:19.880><c> do</c><00:13:20.040><c> an</c><00:13:20.240><c> internal</c><00:13:20.720><c> swap</c><00:13:21.360><c> of</c><00:13:21.560><c> resources</c>

00:13:22.110 --> 00:13:22.120 align:start position:0%
able to do an internal swap of resources
 

00:13:22.120 --> 00:13:23.670 align:start position:0%
able to do an internal swap of resources
with<00:13:22.279><c> that</c><00:13:22.440><c> other</c><00:13:22.680><c> service</c><00:13:23.160><c> provider</c><00:13:23.519><c> the</c>

00:13:23.670 --> 00:13:23.680 align:start position:0%
with that other service provider the
 

00:13:23.680 --> 00:13:25.389 align:start position:0%
with that other service provider the
ones<00:13:23.839><c> who</c><00:13:23.959><c> made</c><00:13:24.079><c> the</c><00:13:24.160><c> cell</c><00:13:24.440><c> tower</c><00:13:24.880><c> so</c><00:13:25.079><c> liquid</c>

00:13:25.389 --> 00:13:25.399 align:start position:0%
ones who made the cell tower so liquid
 

00:13:25.399 --> 00:13:27.389 align:start position:0%
ones who made the cell tower so liquid
could<00:13:25.560><c> put</c><00:13:25.680><c> up</c><00:13:25.839><c> their</c><00:13:25.959><c> long-distance</c><00:13:26.600><c> Wi-Fi</c>

00:13:27.389 --> 00:13:27.399 align:start position:0%
could put up their long-distance Wi-Fi
 

00:13:27.399 --> 00:13:29.389 align:start position:0%
could put up their long-distance Wi-Fi
radio<00:13:27.920><c> on</c><00:13:28.079><c> the</c><00:13:28.199><c> tower</c><00:13:28.720><c> and</c><00:13:28.839><c> that's</c><00:13:28.959><c> a</c><00:13:29.240><c> a</c>

00:13:29.389 --> 00:13:29.399 align:start position:0%
radio on the tower and that's a a
 

00:13:29.399 --> 00:13:30.790 align:start position:0%
radio on the tower and that's a a
version<00:13:29.680><c> of</c><00:13:29.839><c> connectivity</c><00:13:30.360><c> credits</c><00:13:30.720><c> that</c>

00:13:30.790 --> 00:13:30.800 align:start position:0%
version of connectivity credits that
 

00:13:30.800 --> 00:13:34.310 align:start position:0%
version of connectivity credits that
happen<00:13:31.079><c> sort</c><00:13:31.240><c> of</c><00:13:31.800><c> organically</c><00:13:32.959><c> um</c><00:13:33.959><c> in</c><00:13:34.120><c> the</c>

00:13:34.310 --> 00:13:34.320 align:start position:0%
happen sort of organically um in the
 

00:13:34.320 --> 00:13:35.990 align:start position:0%
happen sort of organically um in the
school<00:13:34.600><c> itself</c><00:13:34.880><c> and</c><00:13:35.000><c> we</c><00:13:35.079><c> see</c><00:13:35.279><c> this</c><00:13:35.519><c> across</c><00:13:35.880><c> the</c>

00:13:35.990 --> 00:13:36.000 align:start position:0%
school itself and we see this across the
 

00:13:36.000 --> 00:13:37.870 align:start position:0%
school itself and we see this across the
world<00:13:36.279><c> as</c><00:13:36.360><c> we're</c><00:13:36.519><c> connecting</c><00:13:36.880><c> Schools</c>

00:13:37.870 --> 00:13:37.880 align:start position:0%
world as we're connecting Schools
 

00:13:37.880 --> 00:13:39.990 align:start position:0%
world as we're connecting Schools
attendance<00:13:38.360><c> goes</c><00:13:38.560><c> up</c><00:13:38.800><c> once</c><00:13:38.959><c> you</c><00:13:39.160><c> start</c>

00:13:39.990 --> 00:13:40.000 align:start position:0%
attendance goes up once you start
 

00:13:40.000 --> 00:13:41.629 align:start position:0%
attendance goes up once you start
connecting<00:13:40.760><c> because</c><00:13:40.920><c> if</c><00:13:41.040><c> you're</c><00:13:41.199><c> in</c><00:13:41.279><c> a</c><00:13:41.399><c> school</c>

00:13:41.629 --> 00:13:41.639 align:start position:0%
connecting because if you're in a school
 

00:13:41.639 --> 00:13:43.150 align:start position:0%
connecting because if you're in a school
if<00:13:41.720><c> you're</c><00:13:41.839><c> a</c><00:13:41.920><c> 14-year-old</c><00:13:42.560><c> in</c><00:13:42.680><c> a</c><00:13:42.800><c> school</c><00:13:43.079><c> and</c>

00:13:43.150 --> 00:13:43.160 align:start position:0%
if you're a 14-year-old in a school and
 

00:13:43.160 --> 00:13:45.230 align:start position:0%
if you're a 14-year-old in a school and
you're<00:13:43.279><c> learning</c><00:13:43.720><c> nothing</c><00:13:44.399><c> and</c><00:13:44.560><c> the</c><00:13:44.720><c> teacher</c>

00:13:45.230 --> 00:13:45.240 align:start position:0%
you're learning nothing and the teacher
 

00:13:45.240 --> 00:13:46.910 align:start position:0%
you're learning nothing and the teacher
as<00:13:45.360><c> is</c><00:13:45.519><c> the</c><00:13:45.639><c> case</c><00:13:45.800><c> in</c><00:13:45.959><c> many</c><00:13:46.199><c> countries</c><00:13:46.760><c> the</c>

00:13:46.910 --> 00:13:46.920 align:start position:0%
as is the case in many countries the
 

00:13:46.920 --> 00:13:48.310 align:start position:0%
as is the case in many countries the
teacher<00:13:47.240><c> can't</c><00:13:47.440><c> even</c><00:13:47.639><c> really</c><00:13:47.880><c> read</c><00:13:48.120><c> a</c>

00:13:48.310 --> 00:13:48.320 align:start position:0%
teacher can't even really read a
 

00:13:48.320 --> 00:13:50.590 align:start position:0%
teacher can't even really read a
paragraph<00:13:49.199><c> of</c><00:13:49.360><c> the</c><00:13:49.639><c> you</c><00:13:49.760><c> know</c><00:13:50.000><c> of</c><00:13:50.160><c> of</c><00:13:50.240><c> a</c><00:13:50.360><c> text</c>

00:13:50.590 --> 00:13:50.600 align:start position:0%
paragraph of the you know of of a text
 

00:13:50.600 --> 00:13:53.150 align:start position:0%
paragraph of the you know of of a text
in<00:13:50.720><c> the</c><00:13:50.839><c> language</c><00:13:51.160><c> of</c><00:13:51.320><c> instruction</c><00:13:52.000><c> well</c><00:13:52.920><c> you</c>

00:13:53.150 --> 00:13:53.160 align:start position:0%
in the language of instruction well you
 

00:13:53.160 --> 00:13:54.310 align:start position:0%
in the language of instruction well you
know<00:13:53.360><c> that</c><00:13:53.440><c> you're</c><00:13:53.560><c> being</c><00:13:53.759><c> ripped</c><00:13:54.079><c> off</c><00:13:54.240><c> you</c>

00:13:54.310 --> 00:13:54.320 align:start position:0%
know that you're being ripped off you
 

00:13:54.320 --> 00:13:55.590 align:start position:0%
know that you're being ripped off you
know<00:13:54.480><c> that</c><00:13:54.600><c> your</c><00:13:54.759><c> time</c><00:13:54.920><c> is</c><00:13:55.079><c> being</c><00:13:55.279><c> used</c>

00:13:55.590 --> 00:13:55.600 align:start position:0%
know that your time is being used
 

00:13:55.600 --> 00:13:58.150 align:start position:0%
know that your time is being used
unfairly<00:13:56.440><c> and</c><00:13:56.600><c> you</c><00:13:56.720><c> are</c><00:13:57.000><c> angry</c><00:13:57.680><c> so</c><00:13:57.880><c> you</c><00:13:58.000><c> know</c>

00:13:58.150 --> 00:13:58.160 align:start position:0%
unfairly and you are angry so you know
 

00:13:58.160 --> 00:14:00.310 align:start position:0%
unfairly and you are angry so you know
you<00:13:58.279><c> shouldn't</c><00:13:58.600><c> be</c><00:13:58.759><c> there</c><00:13:59.440><c> um</c><00:14:00.000><c> as</c><00:14:00.079><c> soon</c><00:14:00.240><c> as</c>

00:14:00.310 --> 00:14:00.320 align:start position:0%
you shouldn't be there um as soon as
 

00:14:00.320 --> 00:14:01.470 align:start position:0%
you shouldn't be there um as soon as
there's<00:14:00.519><c> connectivity</c><00:14:00.959><c> you're</c><00:14:01.079><c> able</c><00:14:01.240><c> to</c><00:14:01.360><c> do</c>

00:14:01.470 --> 00:14:01.480 align:start position:0%
there's connectivity you're able to do
 

00:14:01.480 --> 00:14:02.310 align:start position:0%
there's connectivity you're able to do
something<00:14:01.680><c> you're</c><00:14:01.800><c> able</c><00:14:01.959><c> to</c><00:14:02.040><c> borrow</c>

00:14:02.310 --> 00:14:02.320 align:start position:0%
something you're able to borrow
 

00:14:02.320 --> 00:14:03.949 align:start position:0%
something you're able to borrow
somebody's<00:14:02.720><c> phone</c><00:14:03.279><c> do</c><00:14:03.480><c> something</c><00:14:03.720><c> a</c><00:14:03.800><c> little</c>

00:14:03.949 --> 00:14:03.959 align:start position:0%
somebody's phone do something a little
 

00:14:03.959 --> 00:14:05.230 align:start position:0%
somebody's phone do something a little
bit<00:14:04.120><c> on</c><00:14:04.240><c> it</c><00:14:04.560><c> and</c><00:14:04.639><c> you</c><00:14:04.759><c> know</c><00:14:04.920><c> there's</c><00:14:05.079><c> a</c>

00:14:05.230 --> 00:14:05.240 align:start position:0%
bit on it and you know there's a
 

00:14:05.240 --> 00:14:07.949 align:start position:0%
bit on it and you know there's a
potential<00:14:05.560><c> for</c><00:14:05.720><c> a</c><00:14:05.839><c> future</c><00:14:06.279><c> we've</c><00:14:06.880><c> also</c><00:14:07.320><c> seen</c>

00:14:07.949 --> 00:14:07.959 align:start position:0%
potential for a future we've also seen
 

00:14:07.959 --> 00:14:10.069 align:start position:0%
potential for a future we've also seen
School<00:14:08.480><c> results</c><00:14:08.920><c> increase</c><00:14:09.399><c> by</c><00:14:09.800><c> mean</c><00:14:09.959><c> this</c>

00:14:10.069 --> 00:14:10.079 align:start position:0%
School results increase by mean this
 

00:14:10.079 --> 00:14:12.470 align:start position:0%
School results increase by mean this
school<00:14:10.240><c> is</c><00:14:10.399><c> about</c><00:14:10.560><c> 10%</c><00:14:11.519><c> even</c><00:14:11.800><c> without</c><00:14:12.160><c> the</c>

00:14:12.470 --> 00:14:12.480 align:start position:0%
school is about 10% even without the
 

00:14:12.480 --> 00:14:14.069 align:start position:0%
school is about 10% even without the
full<00:14:12.759><c> digital</c><00:14:13.160><c> curriculum</c><00:14:13.600><c> being</c><00:14:13.800><c> put</c><00:14:13.920><c> in</c>

00:14:14.069 --> 00:14:14.079 align:start position:0%
full digital curriculum being put in
 

00:14:14.079 --> 00:14:15.470 align:start position:0%
full digital curriculum being put in
place<00:14:14.279><c> and</c><00:14:14.360><c> we</c><00:14:14.480><c> don't</c><00:14:14.600><c> do</c><00:14:14.800><c> anything</c><00:14:15.199><c> inside</c>

00:14:15.470 --> 00:14:15.480 align:start position:0%
place and we don't do anything inside
 

00:14:15.480 --> 00:14:17.350 align:start position:0%
place and we don't do anything inside
the<00:14:15.600><c> school</c><00:14:16.000><c> so</c><00:14:16.440><c> Giga</c><00:14:16.800><c> does</c><00:14:16.920><c> not</c><00:14:17.040><c> do</c><00:14:17.160><c> any</c><00:14:17.279><c> of</c>

00:14:17.350 --> 00:14:17.360 align:start position:0%
the school so Giga does not do any of
 

00:14:17.360 --> 00:14:19.430 align:start position:0%
the school so Giga does not do any of
the<00:14:17.480><c> work</c><00:14:17.680><c> withed</c><00:14:18.480><c> edtech</c><00:14:18.959><c> or</c><00:14:19.120><c> teacher</c>

00:14:19.430 --> 00:14:19.440 align:start position:0%
the work withed edtech or teacher
 

00:14:19.440 --> 00:14:20.870 align:start position:0%
the work withed edtech or teacher
training<00:14:19.839><c> that's</c><00:14:19.959><c> all</c><00:14:20.199><c> other</c><00:14:20.440><c> parts</c><00:14:20.680><c> of</c>

00:14:20.870 --> 00:14:20.880 align:start position:0%
training that's all other parts of
 

00:14:20.880 --> 00:14:22.710 align:start position:0%
training that's all other parts of
Unicef<00:14:21.440><c> that</c><00:14:21.560><c> do</c><00:14:21.759><c> that</c><00:14:22.160><c> there</c><00:14:22.240><c> are</c><00:14:22.399><c> experts</c>

00:14:22.710 --> 00:14:22.720 align:start position:0%
Unicef that do that there are experts
 

00:14:22.720 --> 00:14:23.949 align:start position:0%
Unicef that do that there are experts
who<00:14:22.839><c> do</c><00:14:23.000><c> that</c><00:14:23.160><c> type</c><00:14:23.320><c> of</c><00:14:23.399><c> work</c><00:14:23.639><c> but</c><00:14:23.720><c> we</c><00:14:23.839><c> just</c>

00:14:23.949 --> 00:14:23.959 align:start position:0%
who do that type of work but we just
 

00:14:23.959 --> 00:14:25.990 align:start position:0%
who do that type of work but we just
bring<00:14:24.199><c> the</c><00:14:24.320><c> kind</c><00:14:24.440><c> of</c><00:14:24.560><c> connectivity</c><00:14:25.120><c> in</c><00:14:25.839><c> and</c>

00:14:25.990 --> 00:14:26.000 align:start position:0%
bring the kind of connectivity in and
 

00:14:26.000 --> 00:14:26.990 align:start position:0%
bring the kind of connectivity in and
the<00:14:26.199><c> the</c><00:14:26.320><c> last</c><00:14:26.480><c> thing</c><00:14:26.600><c> that's</c><00:14:26.800><c> really</c>

00:14:26.990 --> 00:14:27.000 align:start position:0%
the the last thing that's really
 

00:14:27.000 --> 00:14:28.269 align:start position:0%
the the last thing that's really
interesting<00:14:27.320><c> in</c><00:14:27.480><c> this</c><00:14:27.639><c> story</c><00:14:27.920><c> is</c><00:14:28.040><c> that</c><00:14:28.199><c> this</c>

00:14:28.269 --> 00:14:28.279 align:start position:0%
interesting in this story is that this
 

00:14:28.279 --> 00:14:30.350 align:start position:0%
interesting in this story is that this
is<00:14:28.399><c> the</c><00:14:28.480><c> main</c><00:14:28.680><c> teacher</c><00:14:29.120><c> her</c><00:14:29.199><c> name</c><00:14:29.320><c> is</c><00:14:29.480><c> Paris</c>

00:14:30.350 --> 00:14:30.360 align:start position:0%
is the main teacher her name is Paris
 

00:14:30.360 --> 00:14:32.870 align:start position:0%
is the main teacher her name is Paris
she<00:14:31.000><c> said</c><00:14:31.199><c> that</c><00:14:31.360><c> she's</c><00:14:31.560><c> able</c><00:14:31.800><c> to</c><00:14:31.959><c> save</c><00:14:32.320><c> about</c><00:14:32.560><c> 4</c>

00:14:32.870 --> 00:14:32.880 align:start position:0%
she said that she's able to save about 4
 

00:14:32.880 --> 00:14:34.550 align:start position:0%
she said that she's able to save about 4
hours<00:14:33.279><c> a</c><00:14:33.440><c> month</c><00:14:33.920><c> because</c><00:14:34.120><c> she</c><00:14:34.240><c> doesn't</c><00:14:34.440><c> have</c>

00:14:34.550 --> 00:14:34.560 align:start position:0%
hours a month because she doesn't have
 

00:14:34.560 --> 00:14:36.230 align:start position:0%
hours a month because she doesn't have
to<00:14:34.639><c> go</c><00:14:34.759><c> to</c><00:14:34.880><c> an</c><00:14:35.000><c> internet</c><00:14:35.399><c> cafe</c><00:14:35.720><c> to</c><00:14:35.839><c> enter</c><00:14:36.079><c> in</c>

00:14:36.230 --> 00:14:36.240 align:start position:0%
to go to an internet cafe to enter in
 

00:14:36.240 --> 00:14:37.910 align:start position:0%
to go to an internet cafe to enter in
the<00:14:36.399><c> grades</c><00:14:37.000><c> and</c><00:14:37.160><c> the</c><00:14:37.240><c> attendance</c><00:14:37.639><c> and</c><00:14:37.759><c> all</c>

00:14:37.910 --> 00:14:37.920 align:start position:0%
the grades and the attendance and all
 

00:14:37.920 --> 00:14:39.110 align:start position:0%
the grades and the attendance and all
that<00:14:38.040><c> kind</c><00:14:38.160><c> of</c><00:14:38.279><c> stuff</c><00:14:38.440><c> that</c><00:14:38.560><c> she</c><00:14:38.680><c> had</c><00:14:38.800><c> to</c><00:14:38.880><c> do</c>

00:14:39.110 --> 00:14:39.120 align:start position:0%
that kind of stuff that she had to do
 

00:14:39.120 --> 00:14:41.230 align:start position:0%
that kind of stuff that she had to do
before<00:14:39.720><c> there</c><00:14:39.839><c> was</c><00:14:40.000><c> connectivity</c><00:14:40.519><c> in</c><00:14:40.680><c> her</c>

00:14:41.230 --> 00:14:41.240 align:start position:0%
before there was connectivity in her
 

00:14:41.240 --> 00:14:44.110 align:start position:0%
before there was connectivity in her
school<00:14:42.240><c> um</c><00:14:42.959><c> and</c><00:14:43.160><c> so</c><00:14:43.279><c> that's</c><00:14:43.440><c> all</c><00:14:43.680><c> important</c>

00:14:44.110 --> 00:14:44.120 align:start position:0%
school um and so that's all important
 

00:14:44.120 --> 00:14:45.990 align:start position:0%
school um and so that's all important
that's<00:14:44.360><c> why</c><00:14:44.560><c> we're</c><00:14:44.880><c> why</c><00:14:45.079><c> we're</c><00:14:45.240><c> doing</c><00:14:45.480><c> this</c>

00:14:45.990 --> 00:14:46.000 align:start position:0%
that's why we're why we're doing this
 

00:14:46.000 --> 00:14:49.030 align:start position:0%
that's why we're why we're doing this
work<00:14:47.000><c> from</c><00:14:47.160><c> a</c><00:14:47.399><c> technical</c><00:14:47.839><c> point</c><00:14:48.040><c> of</c><00:14:48.199><c> view</c><00:14:48.920><c> the</c>

00:14:49.030 --> 00:14:49.040 align:start position:0%
work from a technical point of view the
 

00:14:49.040 --> 00:14:50.749 align:start position:0%
work from a technical point of view the
ability<00:14:49.320><c> to</c><00:14:49.440><c> tokenize</c><00:14:49.880><c> gigabytes</c><00:14:50.360><c> proves</c><00:14:50.639><c> a</c>

00:14:50.749 --> 00:14:50.759 align:start position:0%
ability to tokenize gigabytes proves a
 

00:14:50.759 --> 00:14:52.069 align:start position:0%
ability to tokenize gigabytes proves a
few<00:14:50.959><c> things</c><00:14:51.160><c> that</c><00:14:51.320><c> tokenizing</c><00:14:51.880><c> other</c>

00:14:52.069 --> 00:14:52.079 align:start position:0%
few things that tokenizing other
 

00:14:52.079 --> 00:14:54.350 align:start position:0%
few things that tokenizing other
traditional<00:14:52.600><c> real</c><00:14:52.800><c> world</c><00:14:53.160><c> assets</c><00:14:53.560><c> doesn't</c><00:14:54.199><c> I</c>

00:14:54.350 --> 00:14:54.360 align:start position:0%
traditional real world assets doesn't I
 

00:14:54.360 --> 00:14:57.230 align:start position:0%
traditional real world assets doesn't I
think<00:14:55.160><c> um</c><00:14:55.759><c> one</c><00:14:56.120><c> is</c><00:14:56.320><c> that</c><00:14:56.480><c> we</c><00:14:56.600><c> can</c><00:14:56.800><c> talk</c><00:14:57.000><c> about</c>

00:14:57.230 --> 00:14:57.240 align:start position:0%
think um one is that we can talk about
 

00:14:57.240 --> 00:14:58.790 align:start position:0%
think um one is that we can talk about
standards<00:14:57.720><c> because</c><00:14:58.000><c> in</c><00:14:58.160><c> this</c><00:14:58.360><c> particular</c>

00:14:58.790 --> 00:14:58.800 align:start position:0%
standards because in this particular
 

00:14:58.800 --> 00:15:00.470 align:start position:0%
standards because in this particular
case<00:14:59.120><c> unlike</c><00:14:59.399><c> carbon</c><00:14:59.680><c> credits</c><00:15:00.040><c> it's</c><00:15:00.240><c> very</c>

00:15:00.470 --> 00:15:00.480 align:start position:0%
case unlike carbon credits it's very
 

00:15:00.480 --> 00:15:02.550 align:start position:0%
case unlike carbon credits it's very
easy<00:15:01.120><c> there's</c><00:15:01.360><c> one</c><00:15:01.639><c> agency</c><00:15:02.079><c> that</c><00:15:02.279><c> does</c>

00:15:02.550 --> 00:15:02.560 align:start position:0%
easy there's one agency that does
 

00:15:02.560 --> 00:15:04.150 align:start position:0%
easy there's one agency that does
Internet<00:15:03.320><c> it's</c><00:15:03.600><c> the</c><00:15:03.720><c> international</c>

00:15:04.150 --> 00:15:04.160 align:start position:0%
Internet it's the international
 

00:15:04.160 --> 00:15:06.189 align:start position:0%
Internet it's the international
telecommunications<00:15:04.959><c> Union</c><00:15:05.600><c> there's</c><00:15:05.839><c> another</c>

00:15:06.189 --> 00:15:06.199 align:start position:0%
telecommunications Union there's another
 

00:15:06.199 --> 00:15:07.829 align:start position:0%
telecommunications Union there's another
that<00:15:06.360><c> looks</c><00:15:06.560><c> at</c><00:15:06.720><c> school</c><00:15:07.079><c> connectivity</c><00:15:07.639><c> that's</c>

00:15:07.829 --> 00:15:07.839 align:start position:0%
that looks at school connectivity that's
 

00:15:07.839 --> 00:15:09.870 align:start position:0%
that looks at school connectivity that's
UNICEF<00:15:08.639><c> so</c><00:15:09.040><c> together</c><00:15:09.279><c> there's</c><00:15:09.519><c> really</c><00:15:09.720><c> only</c>

00:15:09.870 --> 00:15:09.880 align:start position:0%
UNICEF so together there's really only
 

00:15:09.880 --> 00:15:11.350 align:start position:0%
UNICEF so together there's really only
two<00:15:10.040><c> groups</c><00:15:10.320><c> that</c><00:15:10.440><c> do</c><00:15:10.560><c> the</c><00:15:10.720><c> standard</c><00:15:11.040><c> setting</c>

00:15:11.350 --> 00:15:11.360 align:start position:0%
two groups that do the standard setting
 

00:15:11.360 --> 00:15:14.030 align:start position:0%
two groups that do the standard setting
for<00:15:11.519><c> it</c><00:15:12.399><c> um</c><00:15:12.839><c> often</c><00:15:13.199><c> real</c><00:15:13.399><c> world</c><00:15:13.639><c> assets</c><00:15:13.920><c> it's</c>

00:15:14.030 --> 00:15:14.040 align:start position:0%
for it um often real world assets it's
 

00:15:14.040 --> 00:15:15.629 align:start position:0%
for it um often real world assets it's
hard<00:15:14.160><c> to</c><00:15:14.279><c> figure</c><00:15:14.480><c> out</c><00:15:14.600><c> like</c><00:15:14.720><c> the</c><00:15:14.880><c> user</c>

00:15:15.629 --> 00:15:15.639 align:start position:0%
hard to figure out like the user
 

00:15:15.639 --> 00:15:17.350 align:start position:0%
hard to figure out like the user
interest<00:15:16.079><c> of</c><00:15:16.199><c> the</c><00:15:16.320><c> real</c><00:15:16.519><c> world</c><00:15:16.800><c> asset</c><00:15:17.079><c> itself</c>

00:15:17.350 --> 00:15:17.360 align:start position:0%
interest of the real world asset itself
 

00:15:17.360 --> 00:15:18.990 align:start position:0%
interest of the real world asset itself
you<00:15:17.480><c> know</c><00:15:17.959><c> there</c><00:15:18.079><c> are</c><00:15:18.160><c> a</c><00:15:18.240><c> few</c><00:15:18.480><c> of</c><00:15:18.600><c> us</c><00:15:18.759><c> who</c><00:15:18.880><c> want</c>

00:15:18.990 --> 00:15:19.000 align:start position:0%
you know there are a few of us who want
 

00:15:19.000 --> 00:15:20.550 align:start position:0%
you know there are a few of us who want
to<00:15:19.160><c> buy</c><00:15:19.360><c> a</c><00:15:19.519><c> very</c><00:15:19.680><c> small</c><00:15:19.959><c> percentage</c><00:15:20.320><c> of</c><00:15:20.440><c> a</c>

00:15:20.550 --> 00:15:20.560 align:start position:0%
to buy a very small percentage of a
 

00:15:20.560 --> 00:15:22.189 align:start position:0%
to buy a very small percentage of a
physical<00:15:20.920><c> painting</c><00:15:21.680><c> and</c><00:15:21.800><c> think</c><00:15:22.000><c> that's</c>

00:15:22.189 --> 00:15:22.199 align:start position:0%
physical painting and think that's
 

00:15:22.199 --> 00:15:23.590 align:start position:0%
physical painting and think that's
important<00:15:22.600><c> or</c><00:15:22.720><c> a</c><00:15:22.839><c> part</c><00:15:23.040><c> of</c><00:15:23.160><c> an</c><00:15:23.279><c> apartment</c>

00:15:23.590 --> 00:15:23.600 align:start position:0%
important or a part of an apartment
 

00:15:23.600 --> 00:15:25.710 align:start position:0%
important or a part of an apartment
building<00:15:24.440><c> uh</c><00:15:24.639><c> in</c><00:15:24.800><c> general</c><00:15:25.120><c> that</c><00:15:25.279><c> hasn't</c><00:15:25.560><c> hit</c>

00:15:25.710 --> 00:15:25.720 align:start position:0%
building uh in general that hasn't hit
 

00:15:25.720 --> 00:15:28.030 align:start position:0%
building uh in general that hasn't hit
retail<00:15:26.160><c> yet</c><00:15:26.720><c> but</c><00:15:27.040><c> a</c><00:15:27.199><c> gigabyte</c><00:15:27.560><c> is</c><00:15:27.680><c> broken</c><00:15:27.920><c> down</c>

00:15:28.030 --> 00:15:28.040 align:start position:0%
retail yet but a gigabyte is broken down
 

00:15:28.040 --> 00:15:29.910 align:start position:0%
retail yet but a gigabyte is broken down
into<00:15:28.240><c> a</c><00:15:28.319><c> megabyte</c><00:15:28.680><c> and</c><00:15:29.120><c> down</c><00:15:29.240><c> to</c><00:15:29.360><c> a</c><00:15:29.480><c> kilobyte</c>

00:15:29.910 --> 00:15:29.920 align:start position:0%
into a megabyte and down to a kilobyte
 

00:15:29.920 --> 00:15:31.829 align:start position:0%
into a megabyte and down to a kilobyte
those<00:15:30.040><c> things</c><00:15:30.279><c> already</c><00:15:30.560><c> kind</c><00:15:30.680><c> of</c><00:15:30.839><c> work</c><00:15:31.600><c> um</c><00:15:31.759><c> and</c>

00:15:31.829 --> 00:15:31.839 align:start position:0%
those things already kind of work um and
 

00:15:31.839 --> 00:15:33.430 align:start position:0%
those things already kind of work um and
you<00:15:31.959><c> can</c><00:15:32.120><c> validate</c><00:15:32.560><c> this</c><00:15:32.680><c> stuff</c><00:15:32.920><c> in</c><00:15:33.040><c> real</c><00:15:33.240><c> time</c>

00:15:33.430 --> 00:15:33.440 align:start position:0%
you can validate this stuff in real time
 

00:15:33.440 --> 00:15:34.990 align:start position:0%
you can validate this stuff in real time
you<00:15:33.560><c> can</c><00:15:33.680><c> see</c><00:15:33.839><c> it</c><00:15:33.959><c> on</c><00:15:34.120><c> the</c><00:15:34.279><c> map</c><00:15:34.519><c> that</c><00:15:34.639><c> I</c><00:15:34.720><c> showed</c>

00:15:34.990 --> 00:15:35.000 align:start position:0%
you can see it on the map that I showed
 

00:15:35.000 --> 00:15:36.749 align:start position:0%
you can see it on the map that I showed
all<00:15:35.160><c> of</c><00:15:35.279><c> you</c><00:15:35.759><c> um</c><00:15:35.880><c> so</c><00:15:36.000><c> you</c><00:15:36.120><c> can</c><00:15:36.279><c> see</c><00:15:36.480><c> whether</c><00:15:36.639><c> or</c>

00:15:36.749 --> 00:15:36.759 align:start position:0%
all of you um so you can see whether or
 

00:15:36.759 --> 00:15:38.309 align:start position:0%
all of you um so you can see whether or
not<00:15:36.959><c> this</c><00:15:37.120><c> asset</c><00:15:37.399><c> is</c><00:15:37.519><c> moving</c><00:15:37.880><c> which</c><00:15:38.000><c> is</c><00:15:38.160><c> nice</c>

00:15:38.309 --> 00:15:38.319 align:start position:0%
not this asset is moving which is nice
 

00:15:38.319 --> 00:15:40.269 align:start position:0%
not this asset is moving which is nice
for<00:15:38.480><c> an</c><00:15:38.639><c> investor</c><00:15:39.639><c> um</c><00:15:39.800><c> somebody</c><00:15:40.079><c> who's</c>

00:15:40.269 --> 00:15:40.279 align:start position:0%
for an investor um somebody who's
 

00:15:40.279 --> 00:15:41.990 align:start position:0%
for an investor um somebody who's
looking<00:15:40.519><c> at</c><00:15:41.120><c> getting</c><00:15:41.319><c> their</c><00:15:41.480><c> infrastructure</c>

00:15:41.990 --> 00:15:42.000 align:start position:0%
looking at getting their infrastructure
 

00:15:42.000 --> 00:15:43.430 align:start position:0%
looking at getting their infrastructure
built<00:15:42.199><c> out</c><00:15:42.399><c> and</c><00:15:42.560><c> that</c><00:15:42.800><c> you</c><00:15:42.880><c> know</c><00:15:43.000><c> that</c><00:15:43.160><c> ability</c>

00:15:43.430 --> 00:15:43.440 align:start position:0%
built out and that you know that ability
 

00:15:43.440 --> 00:15:45.470 align:start position:0%
built out and that you know that ability
to<00:15:43.519><c> see</c><00:15:43.720><c> things</c><00:15:43.880><c> in</c><00:15:44.040><c> real</c><00:15:44.240><c> time</c><00:15:44.399><c> is</c><00:15:44.519><c> pretty</c>

00:15:45.470 --> 00:15:45.480 align:start position:0%
to see things in real time is pretty
 

00:15:45.480 --> 00:15:47.629 align:start position:0%
to see things in real time is pretty
important<00:15:46.480><c> and</c><00:15:46.639><c> finally</c><00:15:47.000><c> as</c><00:15:47.079><c> I</c><00:15:47.199><c> said</c><00:15:47.399><c> in</c>

00:15:47.629 --> 00:15:47.639 align:start position:0%
important and finally as I said in
 

00:15:47.639 --> 00:15:49.910 align:start position:0%
important and finally as I said in
earlier<00:15:47.959><c> in</c><00:15:48.040><c> the</c><00:15:48.360><c> presentation</c><00:15:49.360><c> having</c><00:15:49.680><c> this</c>

00:15:49.910 --> 00:15:49.920 align:start position:0%
earlier in the presentation having this
 

00:15:49.920 --> 00:15:51.389 align:start position:0%
earlier in the presentation having this
backing<00:15:50.319><c> from</c><00:15:50.440><c> the</c><00:15:50.560><c> Swiss</c><00:15:50.880><c> government</c><00:15:51.199><c> is</c>

00:15:51.389 --> 00:15:51.399 align:start position:0%
backing from the Swiss government is
 

00:15:51.399 --> 00:15:53.389 align:start position:0%
backing from the Swiss government is
very<00:15:51.600><c> very</c><00:15:51.800><c> helpful</c><00:15:52.480><c> so</c><00:15:52.639><c> we're</c><00:15:52.800><c> hosted</c><00:15:53.199><c> by</c><00:15:53.319><c> the</c>

00:15:53.389 --> 00:15:53.399 align:start position:0%
very very helpful so we're hosted by the
 

00:15:53.399 --> 00:15:55.309 align:start position:0%
very very helpful so we're hosted by the
government<00:15:53.720><c> of</c><00:15:53.920><c> Spain</c><00:15:54.680><c> Catalonia</c><00:15:55.160><c> and</c>

00:15:55.309 --> 00:15:55.319 align:start position:0%
government of Spain Catalonia and
 

00:15:55.319 --> 00:15:57.430 align:start position:0%
government of Spain Catalonia and
Barcelona<00:15:55.759><c> to</c><00:15:55.880><c> build</c><00:15:56.120><c> our</c><00:15:56.319><c> technology</c><00:15:57.160><c> and</c><00:15:57.319><c> by</c>

00:15:57.430 --> 00:15:57.440 align:start position:0%
Barcelona to build our technology and by
 

00:15:57.440 --> 00:15:59.030 align:start position:0%
Barcelona to build our technology and by
the<00:15:57.519><c> government</c><00:15:57.880><c> of</c><00:15:58.120><c> Switzerland</c><00:15:58.680><c> and</c><00:15:58.800><c> the</c>

00:15:59.030 --> 00:15:59.040 align:start position:0%
the government of Switzerland and the
 

00:15:59.040 --> 00:16:01.790 align:start position:0%
the government of Switzerland and the
Canton<00:15:59.399><c> of</c><00:15:59.680><c> Geneva</c><00:16:00.480><c> to</c><00:16:01.040><c> set</c><00:16:01.279><c> up</c><00:16:01.519><c> this</c>

00:16:01.790 --> 00:16:01.800 align:start position:0%
Canton of Geneva to set up this
 

00:16:01.800 --> 00:16:02.949 align:start position:0%
Canton of Geneva to set up this
particular<00:16:02.319><c> piece</c><00:16:02.480><c> of</c><00:16:02.639><c> work</c><00:16:02.839><c> the</c>

00:16:02.949 --> 00:16:02.959 align:start position:0%
particular piece of work the
 

00:16:02.959 --> 00:16:05.269 align:start position:0%
particular piece of work the
connectivity<00:16:03.440><c> credits</c><00:16:04.040><c> Marketplace</c><00:16:05.040><c> um</c>

00:16:05.269 --> 00:16:05.279 align:start position:0%
connectivity credits Marketplace um
 

00:16:05.279 --> 00:16:06.470 align:start position:0%
connectivity credits Marketplace um
we've<00:16:05.480><c> been</c><00:16:05.839><c> we've</c><00:16:06.000><c> been</c><00:16:06.160><c> having</c><00:16:06.399><c> the</c>

00:16:06.470 --> 00:16:06.480 align:start position:0%
we've been we've been having the
 

00:16:06.480 --> 00:16:07.629 align:start position:0%
we've been we've been having the
meetings<00:16:06.800><c> that</c><00:16:06.959><c> we</c><00:16:07.079><c> need</c><00:16:07.279><c> with</c><00:16:07.440><c> all</c><00:16:07.519><c> the</c>

00:16:07.629 --> 00:16:07.639 align:start position:0%
meetings that we need with all the
 

00:16:07.639 --> 00:16:09.990 align:start position:0%
meetings that we need with all the
regulators<00:16:08.120><c> and</c><00:16:08.240><c> legal</c><00:16:08.560><c> folks</c><00:16:09.480><c> um</c><00:16:09.839><c> and</c>

00:16:09.990 --> 00:16:10.000 align:start position:0%
regulators and legal folks um and
 

00:16:10.000 --> 00:16:11.509 align:start position:0%
regulators and legal folks um and
Switzerland<00:16:10.519><c> is</c><00:16:10.759><c> very</c><00:16:11.000><c> very</c><00:16:11.199><c> good</c><00:16:11.360><c> at</c>

00:16:11.509 --> 00:16:11.519 align:start position:0%
Switzerland is very very good at
 

00:16:11.519 --> 00:16:13.470 align:start position:0%
Switzerland is very very good at
structuring<00:16:12.120><c> regulation</c><00:16:12.720><c> which</c><00:16:12.839><c> is</c><00:16:13.040><c> why</c>

00:16:13.470 --> 00:16:13.480 align:start position:0%
structuring regulation which is why
 

00:16:13.480 --> 00:16:15.949 align:start position:0%
structuring regulation which is why
there's<00:16:13.680><c> so</c><00:16:13.800><c> many</c><00:16:14.000><c> folks</c><00:16:14.240><c> in</c><00:16:14.399><c> zoo</c><00:16:14.959><c> already</c><00:16:15.800><c> um</c>

00:16:15.949 --> 00:16:15.959 align:start position:0%
there's so many folks in zoo already um
 

00:16:15.959 --> 00:16:17.509 align:start position:0%
there's so many folks in zoo already um
we<00:16:16.120><c> believe</c><00:16:16.360><c> that</c><00:16:16.519><c> Geneva</c><00:16:16.920><c> has</c><00:16:17.040><c> a</c><00:16:17.160><c> unique</c>

00:16:17.509 --> 00:16:17.519 align:start position:0%
we believe that Geneva has a unique
 

00:16:17.519 --> 00:16:20.069 align:start position:0%
we believe that Geneva has a unique
place<00:16:17.839><c> as</c><00:16:17.920><c> a</c><00:16:18.120><c> center</c><00:16:18.360><c> of</c><00:16:18.720><c> international</c><00:16:19.720><c> um</c>

00:16:20.069 --> 00:16:20.079 align:start position:0%
place as a center of international um
 

00:16:20.079 --> 00:16:22.550 align:start position:0%
place as a center of international um
Commerce<00:16:20.560><c> in</c><00:16:20.759><c> in</c><00:16:20.880><c> Switzerland</c><00:16:21.440><c> as</c><00:16:21.600><c> well</c><00:16:22.279><c> and</c>

00:16:22.550 --> 00:16:22.560 align:start position:0%
Commerce in in Switzerland as well and
 

00:16:22.560 --> 00:16:24.069 align:start position:0%
Commerce in in Switzerland as well and
uh<00:16:22.680><c> and</c><00:16:22.759><c> so</c><00:16:22.920><c> it's</c><00:16:23.079><c> really</c><00:16:23.199><c> a</c><00:16:23.319><c> delight</c><00:16:23.680><c> to</c><00:16:23.839><c> be</c>

00:16:24.069 --> 00:16:24.079 align:start position:0%
uh and so it's really a delight to be
 

00:16:24.079 --> 00:16:25.870 align:start position:0%
uh and so it's really a delight to be
there<00:16:24.920><c> I</c><00:16:25.000><c> wanted</c><00:16:25.199><c> to</c><00:16:25.279><c> leave</c><00:16:25.440><c> a</c><00:16:25.519><c> few</c><00:16:25.639><c> minutes</c>

00:16:25.870 --> 00:16:25.880 align:start position:0%
there I wanted to leave a few minutes
 

00:16:25.880 --> 00:16:27.790 align:start position:0%
there I wanted to leave a few minutes
for<00:16:26.120><c> questions</c><00:16:26.800><c> um</c><00:16:27.079><c> before</c><00:16:27.399><c> that</c><00:16:27.560><c> I</c><00:16:27.639><c> would</c>

00:16:27.790 --> 00:16:27.800 align:start position:0%
for questions um before that I would
 

00:16:27.800 --> 00:16:30.110 align:start position:0%
for questions um before that I would
just<00:16:28.000><c> say</c><00:16:28.440><c> there</c><00:16:28.560><c> are</c><00:16:28.959><c> a</c><00:16:29.079><c> variety</c><00:16:29.480><c> of</c><00:16:29.639><c> ways</c><00:16:29.920><c> for</c>

00:16:30.110 --> 00:16:30.120 align:start position:0%
just say there are a variety of ways for
 

00:16:30.120 --> 00:16:32.389 align:start position:0%
just say there are a variety of ways for
this<00:16:30.279><c> community</c><00:16:30.680><c> to</c><00:16:30.839><c> be</c><00:16:31.079><c> involved</c><00:16:32.079><c> one</c><00:16:32.240><c> of</c>

00:16:32.389 --> 00:16:32.399 align:start position:0%
this community to be involved one of
 

00:16:32.399 --> 00:16:34.230 align:start position:0%
this community to be involved one of
them<00:16:32.639><c> obviously</c><00:16:33.079><c> is</c><00:16:33.519><c> uh</c><00:16:33.680><c> just</c><00:16:33.880><c> being</c><00:16:34.120><c> a</c>

00:16:34.230 --> 00:16:34.240 align:start position:0%
them obviously is uh just being a
 

00:16:34.240 --> 00:16:35.470 align:start position:0%
them obviously is uh just being a
contributor<00:16:34.759><c> to</c><00:16:34.920><c> the</c><00:16:35.160><c> different</c>

00:16:35.470 --> 00:16:35.480 align:start position:0%
contributor to the different
 

00:16:35.480 --> 00:16:39.030 align:start position:0%
contributor to the different
repositories<00:16:36.120><c> that</c><00:16:36.279><c> we</c><00:16:36.480><c> have</c><00:16:37.480><c> um</c><00:16:38.040><c> we</c><00:16:38.480><c> are</c>

00:16:39.030 --> 00:16:39.040 align:start position:0%
repositories that we have um we are
 

00:16:39.040 --> 00:16:40.949 align:start position:0%
repositories that we have um we are
delighted<00:16:39.800><c> to</c><00:16:40.040><c> to</c><00:16:40.160><c> be</c><00:16:40.279><c> working</c><00:16:40.519><c> with</c><00:16:40.639><c> the</c><00:16:40.720><c> open</c>

00:16:40.949 --> 00:16:40.959 align:start position:0%
delighted to to be working with the open
 

00:16:40.959 --> 00:16:42.470 align:start position:0%
delighted to to be working with the open
source<00:16:41.160><c> community</c><00:16:41.519><c> and</c><00:16:41.720><c> on</c><00:16:41.800><c> a</c><00:16:41.959><c> variety</c><00:16:42.279><c> of</c>

00:16:42.470 --> 00:16:42.480 align:start position:0%
source community and on a variety of
 

00:16:42.480 --> 00:16:44.790 align:start position:0%
source community and on a variety of
levels<00:16:43.480><c> the</c><00:16:43.639><c> second</c><00:16:44.000><c> is</c><00:16:44.160><c> that</c><00:16:44.319><c> as</c><00:16:44.440><c> we</c><00:16:44.600><c> talk</c>

00:16:44.790 --> 00:16:44.800 align:start position:0%
levels the second is that as we talk
 

00:16:44.800 --> 00:16:46.949 align:start position:0%
levels the second is that as we talk
about<00:16:45.079><c> impact</c><00:16:45.399><c> and</c><00:16:45.600><c> impact</c><00:16:45.920><c> tokens</c><00:16:46.839><c> and</c>

00:16:46.949 --> 00:16:46.959 align:start position:0%
about impact and impact tokens and
 

00:16:46.959 --> 00:16:48.309 align:start position:0%
about impact and impact tokens and
others<00:16:47.199><c> who</c><00:16:47.279><c> are</c><00:16:47.399><c> doing</c><00:16:47.680><c> that</c><00:16:47.800><c> type</c><00:16:47.959><c> of</c><00:16:48.040><c> work</c>

00:16:48.309 --> 00:16:48.319 align:start position:0%
others who are doing that type of work
 

00:16:48.319 --> 00:16:49.949 align:start position:0%
others who are doing that type of work
they<00:16:48.519><c> they</c><00:16:48.680><c> find</c><00:16:49.120><c> this</c><00:16:49.279><c> layer</c><00:16:49.639><c> that</c><00:16:49.759><c> we're</c>

00:16:49.949 --> 00:16:49.959 align:start position:0%
they they find this layer that we're
 

00:16:49.959 --> 00:16:51.230 align:start position:0%
they they find this layer that we're
building<00:16:50.360><c> something</c><00:16:50.600><c> that</c><00:16:50.720><c> they</c><00:16:50.839><c> can</c><00:16:50.959><c> build</c>

00:16:51.230 --> 00:16:51.240 align:start position:0%
building something that they can build
 

00:16:51.240 --> 00:16:53.230 align:start position:0%
building something that they can build
on<00:16:51.440><c> top</c><00:16:51.639><c> of</c><00:16:52.160><c> so</c><00:16:52.600><c> people</c><00:16:52.880><c> working</c><00:16:53.079><c> on</c>

00:16:53.230 --> 00:16:53.240 align:start position:0%
on top of so people working on
 

00:16:53.240 --> 00:16:54.910 align:start position:0%
on top of so people working on
environmental<00:16:53.720><c> tokens</c><00:16:54.079><c> can</c><00:16:54.199><c> use</c><00:16:54.360><c> schools</c><00:16:54.720><c> as</c>

00:16:54.910 --> 00:16:54.920 align:start position:0%
environmental tokens can use schools as
 

00:16:54.920 --> 00:16:58.110 align:start position:0%
environmental tokens can use schools as
monitoring<00:16:55.519><c> hubs</c><00:16:56.240><c> and</c><00:16:56.399><c> so</c><00:16:56.600><c> on</c><00:16:57.399><c> um</c><00:16:57.759><c> the</c><00:16:57.880><c> third</c>

00:16:58.110 --> 00:16:58.120 align:start position:0%
monitoring hubs and so on um the third
 

00:16:58.120 --> 00:16:59.509 align:start position:0%
monitoring hubs and so on um the third
is<00:16:58.240><c> you</c><00:16:58.360><c> may</c><00:16:58.519><c> know</c>

00:16:59.509 --> 00:16:59.519 align:start position:0%
is you may know
 

00:16:59.519 --> 00:17:01.230 align:start position:0%
is you may know
um<00:16:59.839><c> folks</c><00:17:00.160><c> in</c><00:17:00.319><c> countries</c><00:17:00.680><c> who</c><00:17:00.800><c> want</c><00:17:00.959><c> to</c><00:17:01.079><c> be</c>

00:17:01.230 --> 00:17:01.240 align:start position:0%
um folks in countries who want to be
 

00:17:01.240 --> 00:17:02.550 align:start position:0%
um folks in countries who want to be
part<00:17:01.399><c> of</c><00:17:01.519><c> this</c><00:17:01.680><c> there</c><00:17:01.800><c> may</c><00:17:01.920><c> be</c><00:17:02.040><c> infrastructure</c>

00:17:02.550 --> 00:17:02.560 align:start position:0%
part of this there may be infrastructure
 

00:17:02.560 --> 00:17:05.350 align:start position:0%
part of this there may be infrastructure
providers<00:17:03.000><c> that</c><00:17:03.079><c> you</c><00:17:03.240><c> work</c><00:17:03.480><c> with</c><00:17:04.160><c> um</c><00:17:04.439><c> who</c><00:17:04.640><c> are</c>

00:17:05.350 --> 00:17:05.360 align:start position:0%
providers that you work with um who are
 

00:17:05.360 --> 00:17:06.789 align:start position:0%
providers that you work with um who are
interested<00:17:05.799><c> in</c><00:17:06.039><c> in</c><00:17:06.160><c> being</c><00:17:06.360><c> part</c><00:17:06.480><c> of</c><00:17:06.600><c> this</c><00:17:06.679><c> or</c>

00:17:06.789 --> 00:17:06.799 align:start position:0%
interested in in being part of this or
 

00:17:06.799 --> 00:17:08.309 align:start position:0%
interested in in being part of this or
there<00:17:06.959><c> may</c><00:17:07.079><c> be</c><00:17:07.199><c> governments</c><00:17:07.640><c> who</c><00:17:07.799><c> would</c><00:17:08.120><c> like</c>

00:17:08.309 --> 00:17:08.319 align:start position:0%
there may be governments who would like
 

00:17:08.319 --> 00:17:10.429 align:start position:0%
there may be governments who would like
to<00:17:08.919><c> experiment</c><00:17:09.400><c> with</c><00:17:09.520><c> a</c><00:17:09.640><c> new</c><00:17:09.799><c> way</c><00:17:09.959><c> to</c><00:17:10.120><c> connect</c>

00:17:10.429 --> 00:17:10.439 align:start position:0%
to experiment with a new way to connect
 

00:17:10.439 --> 00:17:12.750 align:start position:0%
to experiment with a new way to connect
their<00:17:10.760><c> populations</c><00:17:11.760><c> so</c><00:17:12.079><c> really</c><00:17:12.280><c> delighted</c><00:17:12.640><c> to</c>

00:17:12.750 --> 00:17:12.760 align:start position:0%
their populations so really delighted to
 

00:17:12.760 --> 00:17:14.549 align:start position:0%
their populations so really delighted to
have<00:17:12.919><c> spent</c><00:17:13.240><c> that</c><00:17:13.439><c> time</c><00:17:13.839><c> um</c><00:17:13.919><c> sharing</c><00:17:14.360><c> this</c>

00:17:14.549 --> 00:17:14.559 align:start position:0%
have spent that time um sharing this
 

00:17:14.559 --> 00:17:15.750 align:start position:0%
have spent that time um sharing this
project<00:17:14.880><c> with</c><00:17:14.959><c> you</c><00:17:15.079><c> harbin's</c><00:17:15.439><c> going</c><00:17:15.520><c> to</c><00:17:15.640><c> talk</c>

00:17:15.750 --> 00:17:15.760 align:start position:0%
project with you harbin's going to talk
 

00:17:15.760 --> 00:17:17.270 align:start position:0%
project with you harbin's going to talk
a<00:17:15.839><c> little</c><00:17:16.000><c> bit</c><00:17:16.160><c> more</c><00:17:16.360><c> about</c><00:17:16.839><c> how</c><00:17:16.959><c> we've</c><00:17:17.160><c> been</c>

00:17:17.270 --> 00:17:17.280 align:start position:0%
a little bit more about how we've been
 

00:17:17.280 --> 00:17:18.750 align:start position:0%
a little bit more about how we've been
working<00:17:17.600><c> with</c><00:17:17.720><c> the</c><00:17:17.839><c> ethereum</c><00:17:18.240><c> community</c><00:17:18.600><c> on</c>

00:17:18.750 --> 00:17:18.760 align:start position:0%
working with the ethereum community on
 

00:17:18.760 --> 00:17:20.429 align:start position:0%
working with the ethereum community on
staking<00:17:19.480><c> in</c><00:17:19.600><c> a</c><00:17:19.720><c> little</c><00:17:19.880><c> bit</c><00:17:20.039><c> but</c><00:17:20.120><c> we</c><00:17:20.240><c> have</c><00:17:20.319><c> a</c>

00:17:20.429 --> 00:17:20.439 align:start position:0%
staking in a little bit but we have a
 

00:17:20.439 --> 00:17:22.350 align:start position:0%
staking in a little bit but we have a
few<00:17:20.559><c> minutes</c><00:17:20.839><c> for</c><00:17:21.160><c> questions</c><00:17:21.640><c> as</c><00:17:21.760><c> well</c><00:17:22.240><c> thank</c>

00:17:22.350 --> 00:17:22.360 align:start position:0%
few minutes for questions as well thank
 

00:17:22.360 --> 00:17:24.549 align:start position:0%
few minutes for questions as well thank
you<00:17:22.480><c> so</c><00:17:22.640><c> much</c><00:17:22.880><c> for</c><00:17:22.959><c> listening</c><00:17:23.360><c> this</c><00:17:23.520><c> afternoon</c>

00:17:24.549 --> 00:17:24.559 align:start position:0%
you so much for listening this afternoon
 

00:17:24.559 --> 00:17:28.270 align:start position:0%
you so much for listening this afternoon
so<00:17:25.559><c> we</c><00:17:25.839><c> have</c><00:17:26.559><c> 3</c><00:17:26.839><c> minutes</c><00:17:27.240><c> left</c><00:17:27.520><c> or</c><00:17:27.799><c> question</c>

00:17:28.270 --> 00:17:28.280 align:start position:0%
so we have 3 minutes left or question
 

00:17:28.280 --> 00:17:31.070 align:start position:0%
so we have 3 minutes left or question
for<00:17:28.520><c> this</c><00:17:28.640><c> one</c><00:17:29.160><c> I</c><00:17:29.280><c> see</c><00:17:29.640><c> one</c><00:17:29.840><c> hand</c><00:17:30.120><c> over</c><00:17:30.360><c> there</c>

00:17:31.070 --> 00:17:31.080 align:start position:0%
for this one I see one hand over there
 

00:17:31.080 --> 00:17:33.430 align:start position:0%
for this one I see one hand over there
oh<00:17:31.360><c> that's</c><00:17:31.520><c> a</c><00:17:31.760><c> long</c><00:17:32.039><c> distance</c><00:17:32.360><c> for</c>

00:17:33.430 --> 00:17:33.440 align:start position:0%
oh that's a long distance for
 

00:17:33.440 --> 00:17:37.390 align:start position:0%
oh that's a long distance for
me<00:17:34.440><c> oh</c><00:17:34.760><c> don't</c><00:17:34.960><c> s</c><00:17:35.440><c> you</c><00:17:35.559><c> want</c><00:17:35.640><c> to</c><00:17:35.760><c> do</c>

00:17:37.390 --> 00:17:37.400 align:start position:0%
me oh don't s you want to do
 

00:17:37.400 --> 00:17:39.510 align:start position:0%
me oh don't s you want to do
it<00:17:38.400><c> I</c><00:17:38.520><c> hit</c><00:17:38.679><c> somebody</c><00:17:38.960><c> in</c><00:17:39.039><c> the</c><00:17:39.160><c> head</c><00:17:39.320><c> with</c><00:17:39.440><c> one</c>

00:17:39.510 --> 00:17:39.520 align:start position:0%
it I hit somebody in the head with one
 

00:17:39.520 --> 00:17:41.270 align:start position:0%
it I hit somebody in the head with one
of<00:17:39.640><c> these</c><00:17:39.799><c> boxes</c><00:17:40.120><c> once</c><00:17:40.320><c> and</c><00:17:40.440><c> it</c><00:17:40.520><c> was</c><00:17:40.720><c> really</c><00:17:41.120><c> I</c>

00:17:41.270 --> 00:17:41.280 align:start position:0%
of these boxes once and it was really I
 

00:17:41.280 --> 00:17:42.750 align:start position:0%
of these boxes once and it was really I
know<00:17:41.400><c> if</c><00:17:41.440><c> you</c><00:17:41.559><c> want</c><00:17:41.640><c> me</c><00:17:41.720><c> to</c><00:17:41.840><c> throw</c><00:17:42.000><c> it</c><00:17:42.200><c> okay</c><00:17:42.320><c> do</c>

00:17:42.750 --> 00:17:42.760 align:start position:0%
know if you want me to throw it okay do
 

00:17:42.760 --> 00:17:44.669 align:start position:0%
know if you want me to throw it okay do
it<00:17:43.760><c> I'll</c><00:17:43.919><c> throw</c><00:17:44.080><c> the</c><00:17:44.160><c> microphone</c><00:17:44.600><c> that</c>

00:17:44.669 --> 00:17:44.679 align:start position:0%
it I'll throw the microphone that
 

00:17:44.679 --> 00:17:46.950 align:start position:0%
it I'll throw the microphone that
gentleman<00:17:45.160><c> over</c><00:17:45.400><c> there</c><00:17:45.520><c> in</c><00:17:45.640><c> the</c><00:17:45.799><c> back</c>

00:17:46.950 --> 00:17:46.960 align:start position:0%
gentleman over there in the back
 

00:17:46.960 --> 00:17:49.590 align:start position:0%
gentleman over there in the back
yeah<00:17:47.960><c> wow</c><00:17:48.480><c> you're</c><00:17:48.720><c> so</c>

00:17:49.590 --> 00:17:49.600 align:start position:0%
yeah wow you're so
 

00:17:49.600 --> 00:17:52.590 align:start position:0%
yeah wow you're so
good<00:17:50.600><c> thank</c><00:17:50.760><c> you</c><00:17:50.840><c> for</c><00:17:51.000><c> the</c><00:17:51.120><c> introduction</c><00:17:51.799><c> so</c><00:17:52.480><c> I</c>

00:17:52.590 --> 00:17:52.600 align:start position:0%
good thank you for the introduction so I
 

00:17:52.600 --> 00:17:55.310 align:start position:0%
good thank you for the introduction so I
think<00:17:52.919><c> digital</c><00:17:53.240><c> Marketplace</c><00:17:54.000><c> it</c><00:17:54.200><c> works</c><00:17:54.600><c> when</c>

00:17:55.310 --> 00:17:55.320 align:start position:0%
think digital Marketplace it works when
 

00:17:55.320 --> 00:17:57.710 align:start position:0%
think digital Marketplace it works when
uh<00:17:55.520><c> we</c><00:17:55.720><c> don't</c><00:17:55.919><c> know</c><00:17:56.120><c> who</c><00:17:56.280><c> will</c><00:17:56.400><c> be</c><00:17:56.600><c> the</c><00:17:57.080><c> seller</c>

00:17:57.710 --> 00:17:57.720 align:start position:0%
uh we don't know who will be the seller
 

00:17:57.720 --> 00:18:00.310 align:start position:0%
uh we don't know who will be the seller
and<00:17:58.000><c> buyer</c><00:17:58.679><c> and</c><00:17:58.880><c> and</c><00:17:59.320><c> Marketplace</c><00:17:59.840><c> work</c><00:18:00.120><c> as</c>

00:18:00.310 --> 00:18:00.320 align:start position:0%
and buyer and and Marketplace work as
 

00:18:00.320 --> 00:18:02.830 align:start position:0%
and buyer and and Marketplace work as
interface<00:18:00.919><c> between</c><00:18:01.200><c> the</c><00:18:01.280><c> seller</c><00:18:01.559><c> and</c><00:18:01.720><c> boy</c><00:18:02.159><c> but</c>

00:18:02.830 --> 00:18:02.840 align:start position:0%
interface between the seller and boy but
 

00:18:02.840 --> 00:18:05.470 align:start position:0%
interface between the seller and boy but
in<00:18:03.080><c> this</c><00:18:03.360><c> case</c><00:18:04.039><c> uh</c><00:18:04.400><c> I</c><00:18:04.520><c> think</c><00:18:04.760><c> you</c><00:18:04.960><c> already</c><00:18:05.240><c> know</c>

00:18:05.470 --> 00:18:05.480 align:start position:0%
in this case uh I think you already know
 

00:18:05.480 --> 00:18:07.350 align:start position:0%
in this case uh I think you already know
who<00:18:05.600><c> will</c><00:18:05.760><c> be</c><00:18:05.919><c> the</c><00:18:06.039><c> buyer</c><00:18:06.480><c> buyer</c><00:18:06.840><c> will</c><00:18:07.000><c> be</c><00:18:07.159><c> the</c>

00:18:07.350 --> 00:18:07.360 align:start position:0%
who will be the buyer buyer will be the
 

00:18:07.360 --> 00:18:08.990 align:start position:0%
who will be the buyer buyer will be the
government<00:18:07.799><c> and</c><00:18:07.960><c> seller</c><00:18:08.320><c> will</c><00:18:08.480><c> be</c><00:18:08.640><c> the</c>

00:18:08.990 --> 00:18:09.000 align:start position:0%
government and seller will be the
 

00:18:09.000 --> 00:18:12.029 align:start position:0%
government and seller will be the
telecom<00:18:09.440><c> companies</c><00:18:10.159><c> but</c><00:18:11.159><c> if</c><00:18:11.320><c> do</c><00:18:11.440><c> you</c><00:18:11.600><c> have</c><00:18:11.799><c> any</c>

00:18:12.029 --> 00:18:12.039 align:start position:0%
telecom companies but if do you have any
 

00:18:12.039 --> 00:18:14.029 align:start position:0%
telecom companies but if do you have any
other<00:18:12.240><c> reason</c><00:18:12.640><c> that</c><00:18:12.799><c> you're</c><00:18:13.080><c> introducing</c><00:18:13.880><c> the</c>

00:18:14.029 --> 00:18:14.039 align:start position:0%
other reason that you're introducing the
 

00:18:14.039 --> 00:18:16.350 align:start position:0%
other reason that you're introducing the
marketplace<00:18:15.039><c> here</c><00:18:15.520><c> it's</c><00:18:15.640><c> a</c><00:18:15.799><c> great</c><00:18:16.000><c> question</c>

00:18:16.350 --> 00:18:16.360 align:start position:0%
marketplace here it's a great question
 

00:18:16.360 --> 00:18:18.669 align:start position:0%
marketplace here it's a great question
so<00:18:16.880><c> if</c><00:18:17.080><c> I'm</c><00:18:17.480><c> just</c><00:18:17.799><c> if</c><00:18:17.919><c> I</c><00:18:18.000><c> just</c><00:18:18.080><c> want</c><00:18:18.200><c> to</c><00:18:18.280><c> sell</c><00:18:18.520><c> my</c>

00:18:18.669 --> 00:18:18.679 align:start position:0%
so if I'm just if I just want to sell my
 

00:18:18.679 --> 00:18:20.950 align:start position:0%
so if I'm just if I just want to sell my
goats<00:18:19.000><c> to</c><00:18:19.240><c> you</c><00:18:19.880><c> we</c><00:18:20.000><c> can</c><00:18:20.159><c> start</c><00:18:20.440><c> off</c><00:18:20.640><c> that</c><00:18:20.799><c> way</c>

00:18:20.950 --> 00:18:20.960 align:start position:0%
goats to you we can start off that way
 

00:18:20.960 --> 00:18:22.430 align:start position:0%
goats to you we can start off that way
and<00:18:21.120><c> at</c><00:18:21.240><c> least</c><00:18:21.480><c> we</c><00:18:21.600><c> know</c><00:18:21.799><c> that</c><00:18:21.960><c> the</c><00:18:22.080><c> goat</c><00:18:22.320><c> is</c>

00:18:22.430 --> 00:18:22.440 align:start position:0%
and at least we know that the goat is
 

00:18:22.440 --> 00:18:25.070 align:start position:0%
and at least we know that the goat is
worth<00:18:22.840><c> something</c><00:18:23.840><c> right</c><00:18:24.280><c> and</c><00:18:24.440><c> before</c><00:18:24.760><c> I</c><00:18:24.840><c> sell</c>

00:18:25.070 --> 00:18:25.080 align:start position:0%
worth something right and before I sell
 

00:18:25.080 --> 00:18:26.270 align:start position:0%
worth something right and before I sell
you<00:18:25.240><c> my</c><00:18:25.360><c> first</c><00:18:25.600><c> goat</c><00:18:25.799><c> and</c><00:18:25.880><c> you</c><00:18:26.000><c> give</c><00:18:26.080><c> me</c><00:18:26.200><c> the</c>

00:18:26.270 --> 00:18:26.280 align:start position:0%
you my first goat and you give me the
 

00:18:26.280 --> 00:18:28.070 align:start position:0%
you my first goat and you give me the
money<00:18:26.520><c> we</c><00:18:26.640><c> have</c><00:18:26.799><c> no</c><00:18:27.039><c> idea</c><00:18:27.440><c> that</c><00:18:27.559><c> the</c><00:18:27.679><c> goat</c><00:18:27.919><c> is</c>

00:18:28.070 --> 00:18:28.080 align:start position:0%
money we have no idea that the goat is
 

00:18:28.080 --> 00:18:29.390 align:start position:0%
money we have no idea that the goat is
actually<00:18:28.280><c> worth</c><00:18:28.480><c> anything</c>

00:18:29.390 --> 00:18:29.400 align:start position:0%
actually worth anything
 

00:18:29.400 --> 00:18:30.710 align:start position:0%
actually worth anything
but<00:18:29.559><c> after</c><00:18:29.760><c> that</c><00:18:29.880><c> we've</c><00:18:30.120><c> established</c><00:18:30.600><c> that</c>

00:18:30.710 --> 00:18:30.720 align:start position:0%
but after that we've established that
 

00:18:30.720 --> 00:18:32.630 align:start position:0%
but after that we've established that
there<00:18:30.840><c> is</c><00:18:31.000><c> some</c><00:18:31.200><c> transaction</c><00:18:32.000><c> we're</c><00:18:32.240><c> at</c><00:18:32.400><c> that</c>

00:18:32.630 --> 00:18:32.640 align:start position:0%
there is some transaction we're at that
 

00:18:32.640 --> 00:18:35.110 align:start position:0%
there is some transaction we're at that
stage<00:18:33.280><c> now</c><00:18:33.640><c> so</c><00:18:33.760><c> we</c><00:18:33.880><c> want</c><00:18:34.000><c> to</c><00:18:34.159><c> just</c><00:18:34.360><c> see</c><00:18:34.960><c> and</c>

00:18:35.110 --> 00:18:35.120 align:start position:0%
stage now so we want to just see and
 

00:18:35.120 --> 00:18:36.750 align:start position:0%
stage now so we want to just see and
know<00:18:35.320><c> that</c><00:18:35.480><c> this</c><00:18:35.600><c> commodity</c><00:18:36.039><c> can</c><00:18:36.159><c> be</c><00:18:36.280><c> moved</c>

00:18:36.750 --> 00:18:36.760 align:start position:0%
know that this commodity can be moved
 

00:18:36.760 --> 00:18:37.950 align:start position:0%
know that this commodity can be moved
digitally<00:18:37.159><c> because</c><00:18:37.320><c> right</c><00:18:37.440><c> now</c><00:18:37.559><c> the</c><00:18:37.679><c> way</c><00:18:37.799><c> it's</c>

00:18:37.950 --> 00:18:37.960 align:start position:0%
digitally because right now the way it's
 

00:18:37.960 --> 00:18:39.830 align:start position:0%
digitally because right now the way it's
accounted<00:18:38.280><c> for</c><00:18:38.440><c> is</c><00:18:38.600><c> terrible</c><00:18:39.400><c> but</c><00:18:39.559><c> the</c><00:18:39.640><c> idea</c>

00:18:39.830 --> 00:18:39.840 align:start position:0%
accounted for is terrible but the idea
 

00:18:39.840 --> 00:18:41.310 align:start position:0%
accounted for is terrible but the idea
is<00:18:39.919><c> to</c><00:18:40.080><c> open</c><00:18:40.320><c> that</c><00:18:40.440><c> up</c><00:18:40.559><c> and</c><00:18:40.679><c> to</c><00:18:40.799><c> have</c><00:18:40.919><c> a</c><00:18:41.039><c> lot</c><00:18:41.159><c> of</c>

00:18:41.310 --> 00:18:41.320 align:start position:0%
is to open that up and to have a lot of
 

00:18:41.320 --> 00:18:42.510 align:start position:0%
is to open that up and to have a lot of
different<00:18:41.559><c> goats</c><00:18:41.840><c> and</c><00:18:41.960><c> a</c><00:18:42.039><c> lot</c><00:18:42.159><c> of</c><00:18:42.280><c> different</c>

00:18:42.510 --> 00:18:42.520 align:start position:0%
different goats and a lot of different
 

00:18:42.520 --> 00:18:45.029 align:start position:0%
different goats and a lot of different
buyers<00:18:43.440><c> in</c><00:18:43.600><c> the</c><00:18:43.760><c> next</c><00:18:44.120><c> phase</c><00:18:44.600><c> it's</c><00:18:44.799><c> just</c><00:18:44.919><c> you</c>

00:18:45.029 --> 00:18:45.039 align:start position:0%
buyers in the next phase it's just you
 

00:18:45.039 --> 00:18:46.590 align:start position:0%
buyers in the next phase it's just you
can't<00:18:45.200><c> start</c><00:18:45.440><c> by</c><00:18:45.600><c> building</c><00:18:45.880><c> that</c><00:18:46.039><c> unless</c><00:18:46.360><c> we</c>

00:18:46.590 --> 00:18:46.600 align:start position:0%
can't start by building that unless we
 

00:18:46.600 --> 00:18:48.669 align:start position:0%
can't start by building that unless we
at<00:18:46.679><c> least</c><00:18:46.960><c> price</c><00:18:47.200><c> out</c><00:18:47.440><c> the</c><00:18:47.600><c> goat</c><00:18:48.320><c> and</c><00:18:48.440><c> know</c>

00:18:48.669 --> 00:18:48.679 align:start position:0%
at least price out the goat and know
 

00:18:48.679 --> 00:18:49.950 align:start position:0%
at least price out the goat and know
that<00:18:48.799><c> that</c><00:18:48.919><c> trans</c><00:18:49.200><c> first</c><00:18:49.400><c> transaction</c><00:18:49.799><c> can</c>

00:18:49.950 --> 00:18:49.960 align:start position:0%
that that trans first transaction can
 

00:18:49.960 --> 00:18:51.669 align:start position:0%
that that trans first transaction can
work<00:18:50.120><c> and</c><00:18:50.280><c> so</c><00:18:50.640><c> that</c><00:18:50.799><c> is</c><00:18:50.919><c> the</c><00:18:51.080><c> government</c><00:18:51.480><c> and</c>

00:18:51.669 --> 00:18:51.679 align:start position:0%
work and so that is the government and
 

00:18:51.679 --> 00:18:54.149 align:start position:0%
work and so that is the government and
the<00:18:51.919><c> and</c><00:18:52.120><c> the</c><00:18:52.360><c> ISP</c><00:18:53.280><c> but</c><00:18:53.440><c> later</c><00:18:53.640><c> on</c><00:18:53.799><c> it</c><00:18:53.880><c> becomes</c>

00:18:54.149 --> 00:18:54.159 align:start position:0%
the and the ISP but later on it becomes
 

00:18:54.159 --> 00:18:55.750 align:start position:0%
the and the ISP but later on it becomes
the<00:18:54.240><c> people</c><00:18:54.480><c> around</c><00:18:54.679><c> the</c><00:18:54.840><c> ISP</c><00:18:55.320><c> the</c><00:18:55.440><c> other</c><00:18:55.679><c> the</c>

00:18:55.750 --> 00:18:55.760 align:start position:0%
the people around the ISP the other the
 

00:18:55.760 --> 00:18:57.909 align:start position:0%
the people around the ISP the other the
folks<00:18:55.960><c> doing</c><00:18:56.200><c> data</c><00:18:56.440><c> centers</c><00:18:57.240><c> all</c><00:18:57.360><c> of</c><00:18:57.520><c> that</c><00:18:57.760><c> who</c>

00:18:57.909 --> 00:18:57.919 align:start position:0%
folks doing data centers all of that who
 

00:18:57.919 --> 00:19:01.149 align:start position:0%
folks doing data centers all of that who
can<00:18:58.320><c> be</c><00:18:58.480><c> on</c><00:18:58.559><c> the</c><00:18:58.840><c> buy</c><00:18:59.000><c> and</c><00:18:59.120><c> on</c><00:18:59.200><c> the</c><00:18:59.320><c> sell</c><00:18:59.640><c> side</c>

00:19:01.149 --> 00:19:01.159 align:start position:0%
can be on the buy and on the sell side
 

00:19:01.159 --> 00:19:03.590 align:start position:0%
can be on the buy and on the sell side
probably<00:19:02.159><c> sorry</c><00:19:02.480><c> but</c><00:19:02.679><c> we're</c><00:19:03.000><c> on</c><00:19:03.120><c> a</c><00:19:03.320><c> super</c>

00:19:03.590 --> 00:19:03.600 align:start position:0%
probably sorry but we're on a super
 

00:19:03.600 --> 00:19:05.909 align:start position:0%
probably sorry but we're on a super
tight<00:19:03.919><c> schedule</c><00:19:04.919><c> uh</c><00:19:05.039><c> and</c><00:19:05.200><c> that's</c><00:19:05.360><c> it</c><00:19:05.480><c> for</c><00:19:05.640><c> our</c>

00:19:05.909 --> 00:19:05.919 align:start position:0%
tight schedule uh and that's it for our
 

00:19:05.919 --> 00:19:08.470 align:start position:0%
tight schedule uh and that's it for our
question<00:19:06.600><c> for</c><00:19:06.880><c> this</c><00:19:07.039><c> session</c><00:19:07.880><c> uh</c><00:19:08.039><c> the</c><00:19:08.280><c> next</c>

00:19:08.470 --> 00:19:08.480 align:start position:0%
question for this session uh the next
 

00:19:08.480 --> 00:19:10.950 align:start position:0%
question for this session uh the next
sharing<00:19:09.000><c> will</c><00:19:09.159><c> will</c><00:19:09.360><c> also</c><00:19:09.640><c> be</c><00:19:09.880><c> about</c><00:19:10.280><c> Giga</c><00:19:10.720><c> so</c>

00:19:10.950 --> 00:19:10.960 align:start position:0%
sharing will will also be about Giga so
 

00:19:10.960 --> 00:19:12.630 align:start position:0%
sharing will will also be about Giga so
after<00:19:11.200><c> the</c><00:19:11.320><c> two</c><00:19:11.520><c> sharing</c><00:19:11.960><c> maybe</c><00:19:12.360><c> you</c><00:19:12.440><c> can</c>

00:19:12.630 --> 00:19:12.640 align:start position:0%
after the two sharing maybe you can
 

00:19:12.640 --> 00:19:14.270 align:start position:0%
after the two sharing maybe you can
gather<00:19:12.960><c> your</c><00:19:13.120><c> questions</c><00:19:13.600><c> together</c><00:19:13.919><c> and</c><00:19:14.080><c> then</c>

00:19:14.270 --> 00:19:14.280 align:start position:0%
gather your questions together and then
 

00:19:14.280 --> 00:19:17.510 align:start position:0%
gather your questions together and then
go<00:19:14.480><c> to</c><00:19:15.200><c> Chris</c><00:19:15.600><c> over</c><00:19:15.919><c> there</c><00:19:16.480><c> let's</c><00:19:16.919><c> give</c><00:19:17.240><c> Chris</c>

00:19:17.510 --> 00:19:17.520 align:start position:0%
go to Chris over there let's give Chris
 

00:19:17.520 --> 00:19:20.510 align:start position:0%
go to Chris over there let's give Chris
another<00:19:17.880><c> round</c><00:19:18.080><c> of</c><00:19:18.280><c> applause</c><00:19:19.120><c> thank</c><00:19:19.280><c> you</c>

00:19:20.510 --> 00:19:20.520 align:start position:0%
another round of applause thank you
 

00:19:20.520 --> 00:19:23.679 align:start position:0%
another round of applause thank you
Chris<00:19:21.520><c> uh</c>

