WEBVTT Kind: captions Language: en 00:00:14.200 --> 00:00:16.740 align:start position:0% okay<00:00:15.200> we're<00:00:15.379> going<00:00:15.589> to<00:00:15.679> continue<00:00:15.889> the 00:00:16.740 --> 00:00:16.750 align:start position:0% okay we're going to continue the 00:00:16.750 --> 00:00:20.380 align:start position:0% okay we're going to continue the previous<00:00:17.750> topic<00:00:18.290> about<00:00:18.830> the<00:00:19.670> environmental 00:00:20.380 --> 00:00:20.390 align:start position:0% previous topic about the environmental 00:00:20.390 --> 00:00:23.770 align:start position:0% previous topic about the environmental risk<00:00:20.780> damages<00:00:21.470> and<00:00:21.800> climate<00:00:22.460> change<00:00:22.730> but<00:00:23.480> from 00:00:23.770 --> 00:00:23.780 align:start position:0% risk damages and climate change but from 00:00:23.780 --> 00:00:28.210 align:start position:0% risk damages and climate change but from a<00:00:23.900> bit<00:00:24.190> different<00:00:25.190> approach<00:00:25.550> and<00:00:26.110> I<00:00:27.110> thanks<00:00:28.070> to 00:00:28.210 --> 00:00:28.220 align:start position:0% a bit different approach and I thanks to 00:00:28.220 --> 00:00:30.700 align:start position:0% a bit different approach and I thanks to my<00:00:28.400> colleagues<00:00:29.390> that<00:00:29.660> were<00:00:30.140> speaking<00:00:30.440> before 00:00:30.700 --> 00:00:30.710 align:start position:0% my colleagues that were speaking before 00:00:30.710 --> 00:00:35.170 align:start position:0% my colleagues that were speaking before us<00:00:31.160> we<00:00:31.970> can<00:00:32.329> you<00:00:32.809> know<00:00:33.040> bypass<00:00:34.040> the<00:00:34.880> first 00:00:35.170 --> 00:00:35.180 align:start position:0% us we can you know bypass the first 00:00:35.180 --> 00:00:38.230 align:start position:0% us we can you know bypass the first slides<00:00:35.920> but<00:00:36.920> the<00:00:36.950> difference<00:00:37.790> of<00:00:38.060> the 00:00:38.230 --> 00:00:38.240 align:start position:0% slides but the difference of the 00:00:38.240 --> 00:00:44.010 align:start position:0% slides but the difference of the approach<00:00:38.990> is<00:00:39.380> that<00:00:40.870> we<00:00:41.870> consider<00:00:42.190> the 00:00:44.010 --> 00:00:44.020 align:start position:0% approach is that we consider the 00:00:44.020 --> 00:00:47.229 align:start position:0% approach is that we consider the environmental<00:00:45.020> damages<00:00:45.739> including<00:00:46.250> climate 00:00:47.229 --> 00:00:47.239 align:start position:0% environmental damages including climate 00:00:47.239 --> 00:01:00.459 align:start position:0% environmental damages including climate change<00:00:47.540> as<00:00:48.140> a<00:00:54.730> as<00:00:56.170> in<00:00:57.170> fact<00:00:57.440> a<00:00:58.210> damage<00:00:59.440> which<00:01:00.440> is 00:01:00.459 --> 00:01:00.469 align:start position:0% change as a as in fact a damage which is 00:01:00.469 --> 00:01:03.999 align:start position:0% change as a as in fact a damage which is caused<00:01:01.040> by<00:01:01.340> human<00:01:02.210> economic<00:01:02.660> activity<00:01:03.290> in<00:01:03.559> a 00:01:03.999 --> 00:01:04.009 align:start position:0% caused by human economic activity in a 00:01:04.009 --> 00:01:09.610 align:start position:0% caused by human economic activity in a general<00:01:04.399> sense<00:01:04.690> so<00:01:07.690> more<00:01:08.690> specifically<00:01:09.320> every 00:01:09.610 --> 00:01:09.620 align:start position:0% general sense so more specifically every 00:01:09.620 --> 00:01:13.210 align:start position:0% general sense so more specifically every deal<00:01:10.340> transaction<00:01:11.240> or<00:01:11.420> contract<00:01:12.110> has<00:01:12.620> its 00:01:13.210 --> 00:01:13.220 align:start position:0% deal transaction or contract has its 00:01:13.220 --> 00:01:17.289 align:start position:0% deal transaction or contract has its collateral<00:01:13.760> damage<00:01:14.450> and<00:01:14.810> when<00:01:15.200> you<00:01:15.350> buy<00:01:15.590> a<00:01:16.299> gas 00:01:17.289 --> 00:01:17.299 align:start position:0% collateral damage and when you buy a gas 00:01:17.299 --> 00:01:21.930 align:start position:0% collateral damage and when you buy a gas or<00:01:17.659> air<00:01:18.409> ticket<00:01:19.060> your<00:01:20.060> air<00:01:20.210> travel<00:01:20.810> it<00:01:21.740> is 00:01:21.930 --> 00:01:21.940 align:start position:0% or air ticket your air travel it is 00:01:21.940 --> 00:01:25.240 align:start position:0% or air ticket your air travel it is there<00:01:22.940> is<00:01:23.060> a<00:01:23.090> collateral<00:01:23.659> damage<00:01:24.100> to<00:01:25.100> the 00:01:25.240 --> 00:01:25.250 align:start position:0% there is a collateral damage to the 00:01:25.250 --> 00:01:28.660 align:start position:0% there is a collateral damage to the environment<00:01:25.850> to<00:01:25.940> human<00:01:26.390> health<00:01:27.310> related<00:01:28.310> to 00:01:28.660 --> 00:01:28.670 align:start position:0% environment to human health related to 00:01:28.670 --> 00:01:33.250 align:start position:0% environment to human health related to it<00:01:28.820> and<00:01:29.110> in<00:01:30.110> fact<00:01:30.530> in<00:01:30.860> the<00:01:31.159> nearest<00:01:31.670> years<00:01:32.330> it 00:01:33.250 --> 00:01:33.260 align:start position:0% it and in fact in the nearest years it 00:01:33.260 --> 00:01:35.830 align:start position:0% it and in fact in the nearest years it has<00:01:33.409> already<00:01:33.680> become<00:01:34.070> a<00:01:34.280> business<00:01:34.760> custom<00:01:35.330> to 00:01:35.830 --> 00:01:35.840 align:start position:0% has already become a business custom to 00:01:35.840 --> 00:01:40.929 align:start position:0% has already become a business custom to assess<00:01:36.470> the<00:01:36.950> damage<00:01:38.439> related<00:01:39.439> to<00:01:39.619> any<00:01:39.860> sort<00:01:40.760> of 00:01:40.929 --> 00:01:40.939 align:start position:0% assess the damage related to any sort of 00:01:40.939 --> 00:01:44.410 align:start position:0% assess the damage related to any sort of economic<00:01:41.780> activity<00:01:42.460> transaction<00:01:43.460> deals<00:01:43.790> in 00:01:44.410 --> 00:01:44.420 align:start position:0% economic activity transaction deals in 00:01:44.420 --> 00:01:48.490 align:start position:0% economic activity transaction deals in terms<00:01:44.840> of<00:01:45.170> carbon<00:01:46.130> dioxide<00:01:47.170> equivalent<00:01:48.170> it<00:01:48.320> is 00:01:48.490 --> 00:01:48.500 align:start position:0% terms of carbon dioxide equivalent it is 00:01:48.500 --> 00:01:51.490 align:start position:0% terms of carbon dioxide equivalent it is a<00:01:48.530> very<00:01:48.799> convenient<00:01:49.580> thing<00:01:50.030> to<00:01:50.540> you<00:01:51.320> know<00:01:51.439> to 00:01:51.490 --> 00:01:51.500 align:start position:0% a very convenient thing to you know to 00:01:51.500 --> 00:01:54.880 align:start position:0% a very convenient thing to you know to evaluate<00:01:52.280> environmental<00:01:52.939> damage<00:01:53.720> because<00:01:54.170> it 00:01:54.880 --> 00:01:54.890 align:start position:0% evaluate environmental damage because it 00:01:54.890 --> 00:01:59.530 align:start position:0% evaluate environmental damage because it it<00:01:55.780> reflects<00:01:56.780> not<00:01:57.409> only<00:01:58.270> requirement<00:01:59.270> change 00:01:59.530 --> 00:01:59.540 align:start position:0% it reflects not only requirement change 00:01:59.540 --> 00:02:02.679 align:start position:0% it reflects not only requirement change damage<00:02:00.380> but<00:02:00.619> also<00:02:00.799> a<00:02:01.340> combustion<00:02:02.210> of<00:02:02.479> fossil 00:02:02.679 --> 00:02:02.689 align:start position:0% damage but also a combustion of fossil 00:02:02.689 --> 00:02:04.929 align:start position:0% damage but also a combustion of fossil fuels<00:02:03.259> out<00:02:03.590> air<00:02:03.829> pollution<00:02:04.490> energy 00:02:04.929 --> 00:02:04.939 align:start position:0% fuels out air pollution energy 00:02:04.939 --> 00:02:06.820 align:start position:0% fuels out air pollution energy efficiency<00:02:05.600> and 00:02:06.820 --> 00:02:06.830 align:start position:0% efficiency and 00:02:06.830 --> 00:02:10.760 align:start position:0% efficiency and that's<00:02:07.830> why<00:02:08.130> it's<00:02:09.060> not<00:02:09.929> only<00:02:10.259> important<00:02:10.740> but 00:02:10.760 --> 00:02:10.770 align:start position:0% that's why it's not only important but 00:02:10.770 --> 00:02:14.210 align:start position:0% that's why it's not only important but very<00:02:11.070> convenient<00:02:11.820> thing<00:02:12.270> to<00:02:12.720> quantify<00:02:13.590> the 00:02:14.210 --> 00:02:14.220 align:start position:0% very convenient thing to quantify the 00:02:14.220 --> 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production<00:02:25.950> in<00:02:26.670> in<00:02:27.060> the<00:02:27.270> United 00:02:27.710 --> 00:02:27.720 align:start position:0% cannabis production in in the United 00:02:27.720 --> 00:02:32.990 align:start position:0% cannabis production in in the United States<00:02:28.050> and<00:02:29.150> the<00:02:30.150> damage<00:02:30.870> is<00:02:31.290> as<00:02:31.770> you<00:02:32.550> can<00:02:32.580> see 00:02:32.990 --> 00:02:33.000 align:start position:0% States and the damage is as you can see 00:02:33.000 --> 00:02:35.810 align:start position:0% States and the damage is as you can see the<00:02:33.270> energy<00:02:33.660> expenditures<00:02:34.370> equal<00:02:35.370> to<00:02:35.550> five 00:02:35.810 --> 00:02:35.820 align:start position:0% the energy expenditures equal to five 00:02:35.820 --> 00:02:38.630 align:start position:0% the energy expenditures equal to five billion<00:02:36.150> dollars<00:02:36.950> one<00:02:37.950> percent<00:02:38.400> of 00:02:38.630 --> 00:02:38.640 align:start position:0% billion dollars one percent of 00:02:38.640 --> 00:02:43.490 align:start position:0% billion dollars one percent of electricity<00:02:39.050> consumed<00:02:40.050> in<00:02:40.440> the<00:02:40.890> US<00:02:41.250> and<00:02:42.500> one 00:02:43.490 --> 00:02:43.500 align:start position:0% electricity consumed in the US and one 00:02:43.500 --> 00:02:46.370 align:start position:0% electricity consumed in the US and one kilogram<00:02:43.860> of<00:02:44.540> indoor<00:02:45.540> cannabis<00:02:45.840> production 00:02:46.370 --> 00:02:46.380 align:start position:0% kilogram of indoor cannabis production 00:02:46.380 --> 00:02:50.060 align:start position:0% kilogram of indoor cannabis production equals<00:02:47.190> to<00:02:47.459> four<00:02:48.060> point<00:02:48.390> six<00:02:48.750> tonnes<00:02:49.170> of<00:02:49.500> co2 00:02:50.060 --> 00:02:50.070 align:start position:0% equals to four point six tonnes of co2 00:02:50.070 --> 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production<00:03:05.480> so<00:03:06.480> that's<00:03:07.080> the<00:03:08.600> the 00:03:09.590 --> 00:03:09.600 align:start position:0% indoor production so that's the the 00:03:09.600 --> 00:03:12.440 align:start position:0% indoor production so that's the the basic<00:03:10.050> scheme<00:03:11.040> that<00:03:11.430> we're<00:03:11.910> talking<00:03:12.299> about 00:03:12.440 --> 00:03:12.450 align:start position:0% basic scheme that we're talking about 00:03:12.450 --> 00:03:15.350 align:start position:0% basic scheme that we're talking about there<00:03:12.840> are<00:03:12.959> three<00:03:13.530> principle<00:03:14.360> participants 00:03:15.350 --> 00:03:15.360 align:start position:0% there are three principle participants 00:03:15.360 --> 00:03:17.990 align:start position:0% there are three principle participants of<00:03:15.600> the<00:03:15.900> of<00:03:16.200> the<00:03:16.410> model<00:03:16.769> the<00:03:17.430> seller<00:03:17.700> the<00:03:17.970> buyer 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position:0% mitigation outcome provider and the mitigation<00:03:28.170> should<00:03:28.860> be<00:03:29.040> equal<00:03:29.910> or<00:03:30.120> greater 00:03:30.410 --> 00:03:30.420 align:start position:0% mitigation should be equal or greater 00:03:30.420 --> 00:03:33.800 align:start position:0% mitigation should be equal or greater than<00:03:31.110> the<00:03:31.170> collateral<00:03:31.799> damage<00:03:32.420> produced<00:03:33.420> by 00:03:33.800 --> 00:03:33.810 align:start position:0% than the collateral damage produced by 00:03:33.810 --> 00:03:35.780 align:start position:0% than the collateral damage produced by the<00:03:33.870> deal<00:03:34.200> between<00:03:34.470> buyer<00:03:34.860> the<00:03:35.220> seller<00:03:35.250> and 00:03:35.780 --> 00:03:35.790 align:start position:0% the deal between buyer the seller and 00:03:35.790 --> 00:03:38.509 align:start position:0% the deal between buyer the seller and once<00:03:36.390> these<00:03:36.660> three<00:03:36.989> participants<00:03:37.860> agree<00:03:38.280> on 00:03:38.509 --> 00:03:38.519 align:start position:0% once these three participants agree on 00:03:38.519 --> 00:03:41.449 align:start position:0% once these three participants agree on the<00:03:39.000> amount<00:03:39.299> of<00:03:39.510> damage<00:03:39.780> and<00:03:40.200> on<00:03:40.890> the<00:03:41.190> price 00:03:41.449 --> 00:03:41.459 align:start position:0% the amount of damage and on the price 00:03:41.459 --> 00:03:45.199 align:start position:0% the amount of damage and on the price for<00:03:42.140> mitigation<00:03:43.140> outcome<00:03:43.799> then<00:03:44.400> in<00:03:44.670> the<00:03:44.850> ideal 00:03:45.199 --> 00:03:45.209 align:start position:0% for mitigation outcome then in the ideal 00:03:45.209 --> 00:03:49.069 align:start position:0% for mitigation outcome then in the ideal world<00:03:45.329> you<00:03:45.989> know<00:03:46.110> they<00:03:47.329> the<00:03:48.329> problem<00:03:48.780> would<00:03:48.900> be 00:03:49.069 --> 00:03:49.079 align:start position:0% world you know they the problem would be 00:03:49.079 --> 00:03:55.220 align:start position:0% world you know they the problem would be settled<00:03:49.470> and<00:03:49.799> solved<00:03:53.329> but<00:03:54.329> in<00:03:54.660> real<00:03:54.900> world 00:03:55.220 --> 00:03:55.230 align:start position:0% settled and solved but in real world 00:03:55.230 --> 00:03:57.860 align:start position:0% settled and solved but in real world it's<00:03:55.500> far<00:03:56.190> more<00:03:56.690> complicated<00:03:57.690> because 00:03:57.860 --> 00:03:57.870 align:start position:0% it's far more complicated because 00:03:57.870 --> 00:04:00.640 align:start position:0% it's far more complicated because there's<00:03:58.620> all<00:03:58.829> there<00:03:59.310> should<00:03:59.340> be<00:03:59.670> someone<00:04:00.060> who 00:04:00.640 --> 00:04:00.650 align:start position:0% there's all there should be someone who 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entity who wants to be in charge and tell<00:04:10.140> the<00:04:10.739> buyer<00:04:10.950> the<00:04:11.280> seller<00:04:11.310> and<00:04:11.850> offset 00:04:12.470 --> 00:04:12.480 align:start position:0% tell the buyer the seller and offset 00:04:12.480 --> 00:04:14.539 align:start position:0% tell the buyer the seller and offset provider<00:04:12.900> what<00:04:13.590> should<00:04:13.890> be<00:04:14.040> set<00:04:14.310> over 00:04:14.539 --> 00:04:14.549 align:start position:0% provider what should be set over 00:04:14.549 --> 00:04:17.870 align:start position:0% provider what should be set over shouldn't<00:04:14.910> be<00:04:15.000> settled<00:04:15.530> what<00:04:16.530> how<00:04:17.039> they<00:04:17.310> the 00:04:17.870 --> 00:04:17.880 align:start position:0% shouldn't be settled what how they the 00:04:17.880 --> 00:04:18.890 align:start position:0% shouldn't be settled what how they the damage<00:04:18.270> should<00:04:18.479> be 00:04:18.890 --> 00:04:18.900 align:start position:0% damage should be 00:04:18.900 --> 00:04:20.870 align:start position:0% damage should be assess<00:04:19.380> and<00:04:19.799> everything<00:04:20.280> there<00:04:20.519> there<00:04:20.729> is<00:04:20.850> a 00:04:20.870 --> 00:04:20.880 align:start position:0% assess and everything there there is a 00:04:20.880 --> 00:04:24.700 align:start position:0% assess and everything there there is a regulator<00:04:21.510> who<00:04:21.780> wants<00:04:22.079> to<00:04:22.199> be<00:04:22.350> in<00:04:22.410> charge<00:04:23.660> and 00:04:24.700 --> 00:04:24.710 align:start position:0% regulator who wants to be in charge and 00:04:24.710 --> 00:04:29.450 align:start position:0% regulator who wants to be in charge and that's<00:04:25.710> why<00:04:25.949> you<00:04:26.490> know<00:04:26.750> the<00:04:28.190> although<00:04:29.190> this 00:04:29.450 --> 00:04:29.460 align:start position:0% that's why you know the although this 00:04:29.460 --> 00:04:33.379 align:start position:0% that's why you know the although this market<00:04:30.360> for<00:04:31.460> mitigation<00:04:32.460> for<00:04:32.820> example<00:04:33.240> of 00:04:33.379 --> 00:04:33.389 align:start position:0% market for mitigation for example of 00:04:33.389 --> 00:04:37.159 align:start position:0% market for mitigation for example of climate<00:04:34.229> change<00:04:34.770> damages<00:04:35.490> is<00:04:35.729> is<00:04:36.389> tremendous 00:04:37.159 --> 00:04:37.169 align:start position:0% climate change damages is is tremendous 00:04:37.169 --> 00:04:40.490 align:start position:0% climate change damages is is tremendous and<00:04:37.530> it's<00:04:37.770> you<00:04:38.250> know<00:04:38.370> at<00:04:39.330> maturity<00:04:40.050> it<00:04:40.169> will<00:04:40.350> be 00:04:40.490 --> 00:04:40.500 align:start position:0% and it's you know at maturity it will be 00:04:40.500 --> 00:04:44.840 align:start position:0% and it's you know at maturity it will be at<00:04:40.620> least<00:04:40.889> ten<00:04:41.430> trillion<00:04:41.729> dollars<00:04:42.300> and<00:04:43.340> but<00:04:44.340> it 00:04:44.840 --> 00:04:44.850 align:start position:0% at least ten trillion dollars and but it 00:04:44.850 --> 00:04:50.060 align:start position:0% at least ten trillion dollars and but it is<00:04:44.900> fragmented<00:04:45.900> into<00:04:46.440> pieces<00:04:46.949> and<00:04:49.070> numerous 00:04:50.060 --> 00:04:50.070 align:start position:0% is fragmented into pieces and numerous 00:04:50.070 --> 00:04:54.550 align:start position:0% is fragmented into pieces and numerous barriers<00:04:51.560> prevent<00:04:52.560> from<00:04:52.889> you<00:04:53.190> know 00:04:54.550 --> 00:04:54.560 align:start position:0% barriers prevent from you know 00:04:54.560 --> 00:04:57.439 align:start position:0% barriers prevent from you know fungibility<00:04:55.560> of<00:04:55.949> the<00:04:56.100> instruments<00:04:56.789> there<00:04:57.360> are 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carbon unit is proposed<00:05:20.639> but<00:05:21.479> basically<00:05:21.990> they<00:05:22.260> all<00:05:22.289> operate 00:05:22.640 --> 00:05:22.650 align:start position:0% proposed but basically they all operate 00:05:22.650 --> 00:05:25.940 align:start position:0% proposed but basically they all operate with<00:05:23.130> one<00:05:23.160> in<00:05:23.490> the<00:05:23.639> same<00:05:24.050> unit<00:05:25.050> one<00:05:25.650> in<00:05:25.800> the 00:05:25.940 --> 00:05:25.950 align:start position:0% with one in the same unit one in the 00:05:25.950 --> 00:05:28.610 align:start position:0% with one in the same unit one in the same<00:05:26.190> acid<00:05:26.729> one<00:05:27.300> ton<00:05:27.570> of<00:05:27.599> carbon<00:05:27.990> dioxide 00:05:28.610 --> 00:05:28.620 align:start position:0% same acid one ton of carbon dioxide 00:05:28.620 --> 00:05:31.430 align:start position:0% same acid one ton of carbon dioxide emissions<00:05:29.160> were<00:05:29.970> one<00:05:30.300> ton<00:05:30.599> of<00:05:30.630> carbon<00:05:31.260> dioxide 00:05:31.430 --> 00:05:31.440 align:start position:0% emissions were one ton of carbon dioxide 00:05:31.440 --> 00:05:35.360 align:start position:0% emissions were one ton of carbon dioxide reduction<00:05:32.419> absorption<00:05:34.010> they<00:05:35.010> are<00:05:35.160> not 00:05:35.360 --> 00:05:35.370 align:start position:0% reduction absorption they are not 00:05:35.370 --> 00:05:41.360 align:start position:0% reduction absorption they are not integrated<00:05:36.180> and<00:05:39.169> the<00:05:40.169> regulator's<00:05:40.830> really 00:05:41.360 --> 00:05:41.370 align:start position:0% integrated and the regulator's really 00:05:41.370 --> 00:05:46.040 align:start position:0% integrated and the regulator's really you<00:05:41.729> know<00:05:42.139> choose<00:05:43.139> and<00:05:43.729> select<00:05:44.780> who<00:05:45.780> can 00:05:46.040 --> 00:05:46.050 align:start position:0% you know choose and select who can 00:05:46.050 --> 00:05:49.969 align:start position:0% you know choose and select who can assess<00:05:46.590> the<00:05:47.090> who<00:05:48.090> can<00:05:48.330> assess<00:05:48.750> the<00:05:49.289> damage<00:05:49.740> who 00:05:49.969 --> 00:05:49.979 align:start position:0% assess the who can assess the damage who 00:05:49.979 --> 00:05:53.240 align:start position:0% assess the who can assess the damage who can<00:05:50.220> participate<00:05:51.120> and<00:05:51.810> the<00:05:52.289> on<00:05:52.650> the<00:05:52.830> market 00:05:53.240 --> 00:05:53.250 align:start position:0% can participate and the on the market 00:05:53.250 --> 00:05:57.800 align:start position:0% can participate and the on the market and<00:05:53.460> our<00:05:53.940> initial<00:05:54.810> target<00:05:56.120> wasn't<00:05:57.120> still<00:05:57.630> is 00:05:57.800 --> 00:05:57.810 align:start position:0% and our initial target wasn't still is 00:05:57.810 --> 00:06:01.100 align:start position:0% and our initial target wasn't still is to<00:05:58.639> to<00:05:59.639> provide<00:06:00.030> an<00:06:00.210> opportunity<00:06:00.449> to<00:06:00.840> overcome 00:06:01.100 --> 00:06:01.110 align:start position:0% to to provide an opportunity to overcome 00:06:01.110 --> 00:06:03.469 align:start position:0% to to provide an opportunity to overcome the<00:06:01.650> barriers<00:06:02.070> external<00:06:02.820> barriers<00:06:03.030> between 00:06:03.469 --> 00:06:03.479 align:start position:0% the barriers external barriers between 00:06:03.479 --> 00:06:06.279 align:start position:0% the barriers external barriers between those<00:06:03.960> dozens<00:06:04.500> of<00:06:04.680> markets<00:06:05.160> and<00:06:05.310> systems<00:06:05.820> and 00:06:06.279 --> 00:06:06.289 align:start position:0% those dozens of markets and systems and 00:06:06.289 --> 00:06:11.150 align:start position:0% those dozens of markets and systems and registries<00:06:07.289> and<00:06:08.000> to<00:06:09.889> internal<00:06:10.889> barriers 00:06:11.150 --> 00:06:11.160 align:start position:0% registries and to internal barriers 00:06:11.160 --> 00:06:14.930 align:start position:0% registries and to internal barriers which<00:06:11.610> do<00:06:12.210> not<00:06:12.389> let<00:06:13.349> anyone<00:06:14.190> who<00:06:14.550> would<00:06:14.910> want 00:06:14.930 --> 00:06:14.940 align:start position:0% which do not let anyone who would want 00:06:14.940 --> 00:06:18.790 align:start position:0% which do not let anyone who would want to<00:06:15.270> participate<00:06:15.750> really<00:06:16.740> participate<00:06:17.430> in<00:06:17.460> it 00:06:18.790 --> 00:06:18.800 align:start position:0% to participate really participate in it 00:06:18.800 --> 00:06:22.129 align:start position:0% to participate really participate in it so<00:06:19.800> that's<00:06:20.039> why<00:06:20.280> we've<00:06:20.520> created<00:06:20.699> a<00:06:21.389> platform 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know<00:06:33.650> cooperate 00:06:34.640 --> 00:06:34.650 align:start position:0% blockchain and - you know cooperate 00:06:34.650 --> 00:06:37.309 align:start position:0% blockchain and - you know cooperate integrate<00:06:35.249> to<00:06:35.909> the<00:06:35.939> extent<00:06:36.509> they<00:06:36.689> want<00:06:36.960> they 00:06:37.309 --> 00:06:37.319 align:start position:0% integrate to the extent they want they 00:06:37.319 --> 00:06:39.820 align:start position:0% integrate to the extent they want they might<00:06:37.529> be<00:06:37.770> fully<00:06:38.370> independent<00:06:39.090> or<00:06:39.270> they<00:06:39.449> want 00:06:39.820 --> 00:06:39.830 align:start position:0% might be fully independent or they want 00:06:39.830 --> 00:06:43.040 align:start position:0% might be fully independent or they want or<00:06:40.830> they<00:06:41.039> would<00:06:41.219> want<00:06:41.460> to<00:06:41.550> merge<00:06:42.270> the<00:06:42.539> markets 00:06:43.040 --> 00:06:43.050 align:start position:0% or they would want to merge the markets 00:06:43.050 --> 00:06:46.719 align:start position:0% or they would want to merge the markets or<00:06:43.409> they<00:06:43.889> would<00:06:44.069> want<00:06:44.310> to<00:06:44.430> have<00:06:44.729> a<00:06:45.499> you<00:06:46.499> know 00:06:46.719 --> 00:06:46.729 align:start position:0% or they would want to have a you know 00:06:46.729 --> 00:06:52.519 align:start position:0% or they would want to have a you know unified<00:06:47.729> talking<00:06:48.569> a<00:06:48.689> unit<00:06:49.520> but<00:06:50.520> any<00:06:51.330> of<00:06:51.659> those 00:06:52.519 --> 00:06:52.529 align:start position:0% unified talking a unit but any of those 00:06:52.529 --> 00:06:57.200 align:start position:0% unified talking a unit but any of those dozens<00:06:53.460> of<00:06:53.840> markets<00:06:55.370> carbon<00:06:56.370> programs<00:06:56.909> or 00:06:57.200 --> 00:06:57.210 align:start position:0% dozens of markets carbon programs or 00:06:57.210 --> 00:07:00.559 align:start position:0% dozens of markets carbon programs or instruments<00:06:58.020> carbon<00:06:58.949> compliance<00:06:59.490> units<00:06:59.969> may 00:07:00.559 --> 00:07:00.569 align:start position:0% instruments carbon compliance units may 00:07:00.569 --> 00:07:04.700 align:start position:0% instruments carbon compliance units may enter<00:07:01.020> this<00:07:02.270> this<00:07:03.270> blockchain<00:07:03.839> and<00:07:04.080> anyone 00:07:04.700 --> 00:07:04.710 align:start position:0% enter this this blockchain and anyone 00:07:04.710 --> 00:07:07.610 align:start position:0% enter this this blockchain and anyone can<00:07:04.979> actually<00:07:05.310> right<00:07:06.089> now<00:07:06.360> go<00:07:06.659> and<00:07:06.870> launch<00:07:07.349> his 00:07:07.610 --> 00:07:07.620 align:start position:0% can actually right now go and launch his 00:07:07.620 --> 00:07:12.529 align:start position:0% can actually right now go and launch his own<00:07:07.650> mitigation<00:07:08.490> problem<00:07:10.639> so<00:07:11.639> what<00:07:12.300> we<00:07:12.419> have 00:07:12.529 --> 00:07:12.539 align:start position:0% own mitigation problem so what we have 00:07:12.539 --> 00:07:16.059 align:start position:0% own mitigation problem so what we have achieved<00:07:12.839> for<00:07:13.499> the<00:07:13.589> moment<00:07:14.009> we<00:07:14.249> have<00:07:14.749> you<00:07:15.749> know 00:07:16.059 --> 00:07:16.069 align:start position:0% achieved for the moment we have you know 00:07:16.069 --> 00:07:19.790 align:start position:0% achieved for the moment we have you know issued<00:07:17.599> transferred<00:07:18.599> the<00:07:19.020> units<00:07:19.469> from<00:07:19.680> a 00:07:19.790 --> 00:07:19.800 align:start position:0% issued transferred the units from a 00:07:19.800 --> 00:07:22.129 align:start position:0% issued transferred the units from a conventional<00:07:20.460> registry<00:07:21.060> to<00:07:21.629> the<00:07:21.839> blockchain 00:07:22.129 --> 00:07:22.139 align:start position:0% conventional registry to the blockchain 00:07:22.139 --> 00:07:27.589 align:start position:0% conventional registry to the blockchain and<00:07:24.080> performed<00:07:25.080> pilot<00:07:25.830> transactions<00:07:26.550> and<00:07:26.759> we 00:07:27.589 --> 00:07:27.599 align:start position:0% and performed pilot transactions and we 00:07:27.599 --> 00:07:30.980 align:start position:0% and performed pilot transactions and we have<00:07:27.839> also<00:07:28.439> performed<00:07:29.069> a<00:07:29.599> issues<00:07:30.599> of 00:07:30.980 --> 00:07:30.990 align:start position:0% have also performed a issues of 00:07:30.990 --> 00:07:35.959 align:start position:0% have also performed a issues of environmental<00:07:31.550> units<00:07:32.550> of<00:07:32.729> carbon<00:07:33.659> credits<00:07:34.969> by 00:07:35.959 --> 00:07:35.969 align:start position:0% environmental units of carbon credits by 00:07:35.969 --> 00:07:38.839 align:start position:0% environmental units of carbon credits by passing<00:07:36.509> a<00:07:36.659> conventional<00:07:37.439> registry<00:07:38.250> directed 00:07:38.839 --> 00:07:38.849 align:start position:0% passing a conventional registry directed 00:07:38.849 --> 00:07:41.209 align:start position:0% passing a conventional registry directed to<00:07:39.000> blockchain<00:07:39.509> which<00:07:40.199> is<00:07:40.379> not<00:07:40.560> easy<00:07:40.860> because 00:07:41.209 --> 00:07:41.219 align:start position:0% to blockchain which is not easy because 00:07:41.219 --> 00:07:45.019 align:start position:0% to blockchain which is not easy because in<00:07:41.729> a<00:07:41.879> real<00:07:42.210> world<00:07:42.599> well<00:07:43.409> you<00:07:44.099> still<00:07:44.370> have<00:07:44.610> to 00:07:45.019 --> 00:07:45.029 align:start position:0% in a real world well you still have to 00:07:45.029 --> 00:07:49.040 align:start position:0% in a real world well you still have to you<00:07:45.449> know<00:07:45.599> to<00:07:46.169> have<00:07:46.319> a<00:07:46.759> very<00:07:47.759> reliable<00:07:48.210> auditor 00:07:49.040 --> 00:07:49.050 align:start position:0% you know to have a very reliable auditor 00:07:49.050 --> 00:07:52.969 align:start position:0% you know to have a very reliable auditor in<00:07:49.259> our<00:07:49.439> case<00:07:49.680> it<00:07:49.860> was<00:07:49.979> KPMG<00:07:50.839> to<00:07:51.839> verify<00:07:52.529> sure 00:07:52.969 --> 00:07:52.979 align:start position:0% in our case it was KPMG to verify sure 00:07:52.979 --> 00:07:56.360 align:start position:0% in our case it was KPMG to verify sure that<00:07:53.699> those<00:07:53.899> reductions<00:07:54.899> are<00:07:55.620> real<00:07:55.979> and 00:07:56.360 --> 00:07:56.370 align:start position:0% that those reductions are real and 00:07:56.370 --> 00:08:02.149 align:start position:0% that those reductions are real and comply<00:07:56.789> with<00:07:56.819> the<00:07:57.149> rules<00:08:00.080> so<00:08:01.080> actually<00:08:01.949> right 00:08:02.149 --> 00:08:02.159 align:start position:0% comply with the rules so actually right 00:08:02.159 --> 00:08:06.860 align:start position:0% comply with the rules so actually right now<00:08:02.399> you<00:08:02.460> can<00:08:02.789> enter<00:08:03.599> the<00:08:04.969> the<00:08:05.969> decentralized 00:08:06.860 --> 00:08:06.870 align:start position:0% now you can enter the the decentralized 00:08:06.870 --> 00:08:11.480 align:start position:0% now you can enter the the decentralized application<00:08:07.770> to<00:08:08.669> trade<00:08:09.149> or<00:08:09.539> to<00:08:09.960> retire<00:08:10.349> to<00:08:10.710> to 00:08:11.480 --> 00:08:11.490 align:start position:0% application to trade or to retire to to 00:08:11.490 --> 00:08:14.779 align:start position:0% application to trade or to retire to to offset<00:08:12.029> the<00:08:12.960> carbon<00:08:13.620> footprint<00:08:14.279> or<00:08:14.520> launch 00:08:14.779 --> 00:08:14.789 align:start position:0% offset the carbon footprint or launch 00:08:14.789 --> 00:08:20.110 align:start position:0% offset the carbon footprint or launch your<00:08:15.029> own<00:08:15.149> problem<00:08:16.999> in<00:08:17.999> fact<00:08:18.360> as<00:08:18.870> you<00:08:18.930> know 00:08:20.110 --> 00:08:20.120 align:start position:0% your own problem in fact as you know 00:08:20.120 --> 00:08:23.469 align:start position:0% your own problem in fact as you know cryptocurrencies<00:08:21.120> also<00:08:21.810> have<00:08:22.310> quite<00:08:23.310> a 00:08:23.469 --> 00:08:23.479 align:start position:0% cryptocurrencies also have quite a 00:08:23.479 --> 00:08:26.360 align:start position:0% cryptocurrencies also have quite a significant<00:08:24.479> carbon<00:08:25.319> footprint<00:08:25.860> and<00:08:26.099> for 00:08:26.360 --> 00:08:26.370 align:start position:0% significant carbon footprint and for 00:08:26.370 --> 00:08:31.820 align:start position:0% significant carbon footprint and for example<00:08:26.669> the<00:08:27.629> Bitcoin<00:08:28.620> network<00:08:30.349> related<00:08:31.349> the 00:08:31.820 --> 00:08:31.830 align:start position:0% example the Bitcoin network related the 00:08:31.830 --> 00:08:35.000 align:start position:0% example the Bitcoin network related the carbon<00:08:32.279> emissions<00:08:32.819> are<00:08:33.719> equal<00:08:34.229> to<00:08:34.469> those<00:08:34.649> of 00:08:35.000 --> 00:08:35.010 align:start position:0% carbon emissions are equal to those of 00:08:35.010 --> 00:08:37.699 align:start position:0% carbon emissions are equal to those of emissions<00:08:35.969> of<00:08:36.120> Cyprus<00:08:36.630> and<00:08:36.839> aetherium 00:08:37.699 --> 00:08:37.709 align:start position:0% emissions of Cyprus and aetherium 00:08:37.709 --> 00:08:40.130 align:start position:0% emissions of Cyprus and aetherium Network<00:08:38.130> are<00:08:38.610> smaller<00:08:39.060> emissions<00:08:39.990> are 00:08:40.130 --> 00:08:40.140 align:start position:0% Network are smaller emissions are 00:08:40.140 --> 00:08:43.260 align:start position:0% Network are smaller emissions are smaller<00:08:40.469> but<00:08:40.769> still<00:08:40.890> they<00:08:41.219> equal<00:08:41.969> to<00:08:42.630> the 00:08:43.260 --> 00:08:43.270 align:start position:0% smaller but still they equal to the 00:08:43.270 --> 00:08:46.590 align:start position:0% smaller but still they equal to the no<00:08:43.390> emissions<00:08:44.320> of<00:08:44.550> Moldova<00:08:45.550> so<00:08:46.120> it's<00:08:46.330> pretty 00:08:46.590 --> 00:08:46.600 align:start position:0% no emissions of Moldova so it's pretty 00:08:46.600 --> 00:08:51.240 align:start position:0% no emissions of Moldova so it's pretty easy<00:08:47.080> to<00:08:47.350> imagine<00:08:48.070> that<00:08:48.640> there<00:08:48.940> is<00:08:49.090> a<00:08:50.250> there 00:08:51.240 --> 00:08:51.250 align:start position:0% easy to imagine that there is a there 00:08:51.250 --> 00:08:54.330 align:start position:0% easy to imagine that there is a there might<00:08:51.430> be<00:08:51.460> a<00:08:51.700> talking<00:08:52.120> proposed<00:08:52.750> to<00:08:53.380> offset 00:08:54.330 --> 00:08:54.340 align:start position:0% might be a talking proposed to offset 00:08:54.340 --> 00:08:57.450 align:start position:0% might be a talking proposed to offset the<00:08:54.700> exact<00:08:55.090> amount<00:08:55.420> of<00:08:55.770> emissions<00:08:56.770> related<00:08:57.280> to 00:08:57.450 --> 00:08:57.460 align:start position:0% the exact amount of emissions related to 00:08:57.460 --> 00:09:02.640 align:start position:0% the exact amount of emissions related to one<00:08:57.640> VidCon<00:08:58.090> or<00:08:58.300> to<00:08:58.690> one<00:08:58.870> easier<00:09:01.440> we<00:09:02.440> have<00:09:02.620> a 00:09:02.640 --> 00:09:02.650 align:start position:0% one VidCon or to one easier we have a 00:09:02.650 --> 00:09:10.160 align:start position:0% one VidCon or to one easier we have a very<00:09:02.950> vast<00:09:03.550> you<00:09:04.420> know<00:09:04.540> development<00:09:05.320> plans<00:09:05.650> and 00:09:10.160 --> 00:09:10.170 align:start position:0% 00:09:10.170 --> 00:09:14.730 align:start position:0% developing<00:09:11.170> the<00:09:11.350> smart<00:09:11.770> contracts<00:09:12.460> and<00:09:13.740> and 00:09:14.730 --> 00:09:14.740 align:start position:0% developing the smart contracts and and 00:09:14.740 --> 00:09:17.550 align:start position:0% developing the smart contracts and and everything<00:09:15.390> but<00:09:16.390> for<00:09:16.630> the<00:09:16.780> moment<00:09:16.990> we<00:09:17.320> might 00:09:17.550 --> 00:09:17.560 align:start position:0% everything but for the moment we might 00:09:17.560 --> 00:09:21.120 align:start position:0% everything but for the moment we might say<00:09:17.890> that<00:09:18.190> the<00:09:18.490> the<00:09:19.150> proposal<00:09:19.660> of<00:09:20.080> a<00:09:20.500> high 00:09:21.120 --> 00:09:21.130 align:start position:0% say that the the proposal of a high 00:09:21.130 --> 00:09:25.290 align:start position:0% say that the the proposal of a high quality<00:09:21.190> assured<00:09:23.640> environmental<00:09:24.640> units<00:09:25.060> is 00:09:25.290 --> 00:09:25.300 align:start position:0% quality assured environmental units is 00:09:25.300 --> 00:09:28.410 align:start position:0% quality assured environmental units is already<00:09:26.260> provided<00:09:26.980> at<00:09:27.100> the<00:09:27.280> platform<00:09:27.850> now 00:09:28.410 --> 00:09:28.420 align:start position:0% already provided at the platform now 00:09:28.420 --> 00:09:31.290 align:start position:0% already provided at the platform now that<00:09:28.720> we<00:09:29.260> are<00:09:29.350> working<00:09:29.650> on<00:09:29.980> the<00:09:30.190> on<00:09:30.670> the<00:09:30.910> demand 00:09:31.290 --> 00:09:31.300 align:start position:0% that we are working on the on the demand 00:09:31.300 --> 00:09:34.560 align:start position:0% that we are working on the on the demand as<00:09:31.800> I've<00:09:32.800> described<00:09:33.310> you<00:09:33.640> know<00:09:33.670> the<00:09:33.940> problem 00:09:34.560 --> 00:09:34.570 align:start position:0% as I've described you know the problem 00:09:34.570 --> 00:09:37.770 align:start position:0% as I've described you know the problem is<00:09:34.600> related<00:09:34.840> with<00:09:35.370> regulator<00:09:36.780> registries 00:09:37.770 --> 00:09:37.780 align:start position:0% is related with regulator registries 00:09:37.780 --> 00:09:40.980 align:start position:0% is related with regulator registries opposition<00:09:38.770> to<00:09:39.070> a<00:09:39.280> new<00:09:39.960> technology<00:09:40.960> that 00:09:40.980 --> 00:09:40.990 align:start position:0% opposition to a new technology that 00:09:40.990 --> 00:09:44.370 align:start position:0% opposition to a new technology that would<00:09:41.320> basically<00:09:41.970> deprive<00:09:42.970> the<00:09:43.750> regulators 00:09:44.370 --> 00:09:44.380 align:start position:0% would basically deprive the regulators 00:09:44.380 --> 00:09:46.530 align:start position:0% would basically deprive the regulators of<00:09:44.410> much<00:09:44.770> of<00:09:44.950> their<00:09:45.100> authority<00:09:45.430> and<00:09:45.910> would 00:09:46.530 --> 00:09:46.540 align:start position:0% of much of their authority and would 00:09:46.540 --> 00:09:49.950 align:start position:0% of much of their authority and would probably<00:09:46.780> kill<00:09:47.740> the<00:09:48.700> traditional<00:09:49.330> registries 00:09:49.950 --> 00:09:49.960 align:start position:0% probably kill the traditional registries 00:09:49.960 --> 00:09:54.960 align:start position:0% probably kill the traditional registries so<00:09:50.650> that<00:09:50.860> doesn't<00:09:51.850> go<00:09:52.000> easy<00:09:52.240> and<00:09:52.800> a<00:09:53.800> very<00:09:54.340> one 00:09:54.960 --> 00:09:54.970 align:start position:0% so that doesn't go easy and a very one 00:09:54.970 --> 00:09:57.990 align:start position:0% so that doesn't go easy and a very one very<00:09:55.270> important<00:09:55.840> thing<00:09:56.080> is<00:09:56.950> to<00:09:57.310> you<00:09:57.550> know<00:09:57.580> in 00:09:57.990 --> 00:09:58.000 align:start position:0% very important thing is to you know in 00:09:58.000 --> 00:09:59.720 align:start position:0% very important thing is to you know in the<00:09:58.210> strategic<00:09:58.440> perspective<00:09:59.440> to<00:09:59.620> eliminate 00:09:59.720 --> 00:09:59.730 align:start position:0% the strategic perspective to eliminate 00:09:59.730 --> 00:10:05.010 align:start position:0% the strategic perspective to eliminate the<00:10:00.730> need<00:10:00.940> for<00:10:02.040> really<00:10:03.040> physical<00:10:04.020> auditor 00:10:05.010 --> 00:10:05.020 align:start position:0% the need for really physical auditor 00:10:05.020 --> 00:10:07.770 align:start position:0% the need for really physical auditor verifiers<00:10:05.680> participating<00:10:06.670> in<00:10:06.820> this<00:10:07.390> process 00:10:07.770 --> 00:10:07.780 align:start position:0% verifiers participating in this process 00:10:07.780 --> 00:10:12.090 align:start position:0% verifiers participating in this process and<00:10:09.240> substituting<00:10:10.240> it<00:10:10.420> by<00:10:11.070> Internet<00:10:12.070> of 00:10:12.090 --> 00:10:12.100 align:start position:0% and substituting it by Internet of 00:10:12.100 --> 00:10:18.000 align:start position:0% and substituting it by Internet of Things<00:10:14.190> algorithms<00:10:15.190> plus<00:10:15.580> a<00:10:16.530> validation<00:10:17.530> by 00:10:18.000 --> 00:10:18.010 align:start position:0% Things algorithms plus a validation by 00:10:18.010 --> 00:10:21.480 align:start position:0% Things algorithms plus a validation by the<00:10:18.070> network<00:10:18.670> and<00:10:19.650> from<00:10:20.650> this<00:10:20.830> point<00:10:21.130> I 00:10:21.480 --> 00:10:21.490 align:start position:0% the network and from this point I 00:10:21.490 --> 00:10:30.210 align:start position:0% the network and from this point I probably<00:10:21.850> like<00:10:22.690> Sergey<00:10:23.260> to<00:10:23.400> take<00:10:24.400> over 00:10:30.210 --> 00:10:30.220 align:start position:0% 00:10:30.220 --> 00:10:33.190 align:start position:0% today<00:10:31.220> my<00:10:31.580> name<00:10:31.640> is<00:10:31.820> surgeon<00:10:32.420> Shaka<00:10:32.899> fine 00:10:33.190 --> 00:10:33.200 align:start position:0% today my name is surgeon Shaka fine 00:10:33.200 --> 00:10:35.680 align:start position:0% today my name is surgeon Shaka fine research<00:10:33.649> team<00:10:33.920> leader<00:10:34.130> at<00:10:34.459> arrow<00:10:34.760> up<00:10:35.089> and<00:10:35.360> our 00:10:35.680 --> 00:10:35.690 align:start position:0% research team leader at arrow up and our 00:10:35.690 --> 00:10:38.800 align:start position:0% research team leader at arrow up and our hit<00:10:36.020> scepter<00:10:36.440> in<00:10:36.680> eyepiece<00:10:37.100> I<00:10:37.279> project<00:10:37.810> my 00:10:38.800 --> 00:10:38.810 align:start position:0% hit scepter in eyepiece I project my 00:10:38.810 --> 00:10:41.230 align:start position:0% hit scepter in eyepiece I project my part<00:10:39.140> of<00:10:39.290> presentation<00:10:39.980> will<00:10:40.279> be<00:10:40.490> about<00:10:40.730> how 00:10:41.230 --> 00:10:41.240 align:start position:0% part of presentation will be about how 00:10:41.240 --> 00:10:45.190 align:start position:0% part of presentation will be about how we<00:10:41.270> can<00:10:41.630> prepare<00:10:41.870> Mars<00:10:42.410> for<00:10:42.860> Def<00:10:43.190> Con<00:10:43.430> 15<00:10:44.200> is 00:10:45.190 --> 00:10:45.200 align:start position:0% we can prepare Mars for Def Con 15 is 00:10:45.200 --> 00:10:47.800 align:start position:0% we can prepare Mars for Def Con 15 is you<00:10:45.410> know<00:10:45.620> Mars<00:10:46.310> two<00:10:46.580> days<00:10:46.820> and<00:10:47.209> not<00:10:47.420> the<00:10:47.630> good 00:10:47.800 --> 00:10:47.810 align:start position:0% you know Mars two days and not the good 00:10:47.810 --> 00:10:50.079 align:start position:0% you know Mars two days and not the good ways<00:10:48.080> for<00:10:48.380> humans<00:10:48.890> it's<00:10:49.100> a<00:10:49.250> very<00:10:49.490> cold<00:10:49.790> place 00:10:50.079 --> 00:10:50.089 align:start position:0% ways for humans it's a very cold place 00:10:50.089 --> 00:10:52.870 align:start position:0% ways for humans it's a very cold place and<00:10:50.570> atmosphere<00:10:51.290> is<00:10:51.500> not<00:10:51.740> friendly<00:10:52.339> for<00:10:52.640> our 00:10:52.870 --> 00:10:52.880 align:start position:0% and atmosphere is not friendly for our 00:10:52.880 --> 00:10:56.260 align:start position:0% and atmosphere is not friendly for our brass<00:10:53.360> and<00:10:53.690> if<00:10:54.620> we<00:10:54.920> resolve<00:10:55.250> issue<00:10:55.640> with 00:10:56.260 --> 00:10:56.270 align:start position:0% brass and if we resolve issue with 00:10:56.270 --> 00:10:59.530 align:start position:0% brass and if we resolve issue with logistics<00:10:57.050> with<00:10:57.560> space<00:10:57.980> 6<00:10:58.310> or<00:10:58.580> other<00:10:58.910> space 00:10:59.530 --> 00:10:59.540 align:start position:0% logistics with space 6 or other space 00:10:59.540 --> 00:11:02.590 align:start position:0% logistics with space 6 or other space program<00:11:00.140> next<00:11:00.800> question<00:11:01.250> will<00:11:01.520> be<00:11:01.760> can<00:11:02.000> we 00:11:02.590 --> 00:11:02.600 align:start position:0% program next question will be can we 00:11:02.600 --> 00:11:05.560 align:start position:0% program next question will be can we make<00:11:02.870> Mars<00:11:03.260> a<00:11:03.560> little<00:11:04.190> bit<00:11:04.399> comfortable<00:11:04.700> for 00:11:05.560 --> 00:11:05.570 align:start position:0% make Mars a little bit comfortable for 00:11:05.570 --> 00:11:08.650 align:start position:0% make Mars a little bit comfortable for the<00:11:05.779> confusing<00:11:06.589> and<00:11:06.820> it's<00:11:07.820> will<00:11:08.089> be<00:11:08.240> surprise 00:11:08.650 --> 00:11:08.660 align:start position:0% the confusing and it's will be surprise 00:11:08.660 --> 00:11:12.190 align:start position:0% the confusing and it's will be surprise for<00:11:08.990> you<00:11:09.200> but<00:11:09.940> Paris<00:11:10.940> climate<00:11:11.450> agreement<00:11:11.570> can 00:11:12.190 --> 00:11:12.200 align:start position:0% for you but Paris climate agreement can 00:11:12.200 --> 00:11:15.930 align:start position:0% for you but Paris climate agreement can help<00:11:12.680> us<00:11:12.910> because<00:11:13.910> if<00:11:14.149> you<00:11:14.390> try<00:11:14.690> find<00:11:15.080> some 00:11:15.930 --> 00:11:15.940 align:start position:0% help us because if you try find some 00:11:15.940 --> 00:11:19.230 align:start position:0% help us because if you try find some abstract<00:11:16.940> or<00:11:17.149> executive<00:11:17.990> summary<00:11:18.470> about 00:11:19.230 --> 00:11:19.240 align:start position:0% abstract or executive summary about 00:11:19.240 --> 00:11:22.060 align:start position:0% abstract or executive summary about Paris<00:11:20.240> climate<00:11:20.690> agreement<00:11:20.810> you<00:11:21.470> will<00:11:21.680> find 00:11:22.060 --> 00:11:22.070 align:start position:0% Paris climate agreement you will find 00:11:22.070 --> 00:11:25.090 align:start position:0% Paris climate agreement you will find main<00:11:22.790> tasks<00:11:23.240> of<00:11:23.470> Paris<00:11:24.470> climate<00:11:24.950> agreement 00:11:25.090 --> 00:11:25.100 align:start position:0% main tasks of Paris climate agreement 00:11:25.100 --> 00:11:28.840 align:start position:0% main tasks of Paris climate agreement main<00:11:26.060> task<00:11:26.420> is<00:11:26.980> keeping<00:11:27.980> a<00:11:28.190> global 00:11:28.840 --> 00:11:28.850 align:start position:0% main task is keeping a global 00:11:28.850 --> 00:11:33.699 align:start position:0% main task is keeping a global temperature<00:11:29.630> rise<00:11:30.910> below<00:11:31.910> 2<00:11:32.480> degrees<00:11:33.140> Celsius 00:11:33.699 --> 00:11:33.709 align:start position:0% temperature rise below 2 degrees Celsius 00:11:33.709 --> 00:11:38.440 align:start position:0% temperature rise below 2 degrees Celsius and<00:11:34.750> its<00:11:35.750> mean<00:11:36.110> the<00:11:36.829> Paris<00:11:37.760> climate<00:11:38.329> agreement 00:11:38.440 --> 00:11:38.450 align:start position:0% and its mean the Paris climate agreement 00:11:38.450 --> 00:11:42.180 align:start position:0% and its mean the Paris climate agreement is<00:11:39.140> the<00:11:39.320> first<00:11:39.760> planetary<00:11:41.110> terraforming 00:11:42.180 --> 00:11:42.190 align:start position:0% is the first planetary terraforming 00:11:42.190 --> 00:11:48.040 align:start position:0% is the first planetary terraforming experiment<00:11:43.190> based<00:11:43.670> on<00:11:44.470> economical<00:11:45.470> game<00:11:47.050> my 00:11:48.040 --> 00:11:48.050 align:start position:0% experiment based on economical game my 00:11:48.050 --> 00:11:53.230 align:start position:0% experiment based on economical game my main<00:11:48.290> work<00:11:48.740> is<00:11:49.959> research<00:11:52.149> capability<00:11:53.149> of 00:11:53.230 --> 00:11:53.240 align:start position:0% main work is research capability of 00:11:53.240 --> 00:11:57.010 align:start position:0% main work is research capability of using<00:11:53.510> human<00:11:54.050> to<00:11:54.440> machine<00:11:54.560> systems<00:11:55.520> and<00:11:56.020> last 00:11:57.010 --> 00:11:57.020 align:start position:0% using human to machine systems and last 00:11:57.020 --> 00:11:58.990 align:start position:0% using human to machine systems and last three<00:11:57.260> years<00:11:57.529> we<00:11:57.740> working<00:11:58.190> on<00:11:58.310> robot 00:11:58.990 --> 00:11:59.000 align:start position:0% three years we working on robot 00:11:59.000 --> 00:12:01.660 align:start position:0% three years we working on robot economics<00:11:59.570> concept<00:11:59.810> we<00:12:00.589> want<00:12:00.800> to<00:12:00.920> build<00:12:01.160> first 00:12:01.660 --> 00:12:01.670 align:start position:0% economics concept we want to build first 00:12:01.670 --> 00:12:05.350 align:start position:0% economics concept we want to build first planetary<00:12:02.950> spine<00:12:03.950> chain<00:12:04.370> with<00:12:04.820> direct 00:12:05.350 --> 00:12:05.360 align:start position:0% planetary spine chain with direct 00:12:05.360 --> 00:12:07.930 align:start position:0% planetary spine chain with direct economical<00:12:06.200> communication<00:12:07.010> between<00:12:07.250> humans 00:12:07.930 --> 00:12:07.940 align:start position:0% economical communication between humans 00:12:07.940 --> 00:12:08.949 align:start position:0% economical communication between humans and<00:12:08.120> Nations 00:12:08.949 --> 00:12:08.959 align:start position:0% and Nations 00:12:08.959 --> 00:12:13.269 align:start position:0% and Nations but<00:12:09.770> Paris<00:12:10.760> agreement<00:12:11.000> today<00:12:11.690> is<00:12:12.050> not<00:12:12.649> human 00:12:13.269 --> 00:12:13.279 align:start position:0% but Paris agreement today is not human 00:12:13.279 --> 00:12:16.420 align:start position:0% but Paris agreement today is not human to<00:12:13.459> machine<00:12:13.660> system<00:12:14.660> it's<00:12:14.930> a<00:12:15.200> human<00:12:15.920> to<00:12:16.100> human 00:12:16.420 --> 00:12:16.430 align:start position:0% to machine system it's a human to human 00:12:16.430 --> 00:12:20.069 align:start position:0% to machine system it's a human to human system<00:12:17.209> with<00:12:18.070> strong<00:12:19.070> reputation 00:12:20.069 --> 00:12:20.079 align:start position:0% system with strong reputation 00:12:20.079 --> 00:12:23.560 align:start position:0% system with strong reputation requirements<00:12:21.079> and<00:12:21.370> this<00:12:22.370> requirements<00:12:23.300> for 00:12:23.560 --> 00:12:23.570 align:start position:0% requirements and this requirements for 00:12:23.570 --> 00:12:27.810 align:start position:0% requirements and this requirements for me<00:12:23.810> is<00:12:23.890> ridiculous<00:12:24.890> because<00:12:25.240> we<00:12:26.240> cannot<00:12:26.600> do<00:12:27.500> in 00:12:27.810 --> 00:12:27.820 align:start position:0% me is ridiculous because we cannot do in 00:12:27.820 --> 00:12:31.120 align:start position:0% me is ridiculous because we cannot do in planetary<00:12:28.820> experiment<00:12:29.750> with<00:12:30.560> this 00:12:31.120 --> 00:12:31.130 align:start position:0% planetary experiment with this 00:12:31.130 --> 00:12:35.920 align:start position:0% planetary experiment with this requirement<00:12:31.899> but<00:12:33.490> if<00:12:34.490> we<00:12:34.760> shift<00:12:35.089> Paris 00:12:35.920 --> 00:12:35.930 align:start position:0% requirement but if we shift Paris 00:12:35.930 --> 00:12:39.640 align:start position:0% requirement but if we shift Paris climate<00:12:36.440> agreement<00:12:36.589> on<00:12:37.160> 0<00:12:37.790> Network<00:12:38.650> Paris 00:12:39.640 --> 00:12:39.650 align:start position:0% climate agreement on 0 Network Paris 00:12:39.650 --> 00:12:40.660 align:start position:0% climate agreement on 0 Network Paris climate<00:12:40.130> agreement 00:12:40.660 --> 00:12:40.670 align:start position:0% climate agreement 00:12:40.670 --> 00:12:45.820 align:start position:0% climate agreement can<00:12:41.030> be<00:12:41.300> human<00:12:41.990> to<00:12:42.140> machine<00:12:42.290> system<00:12:43.220> and<00:12:44.830> look 00:12:45.820 --> 00:12:45.830 align:start position:0% can be human to machine system and look 00:12:45.830 --> 00:12:48.190 align:start position:0% can be human to machine system and look at<00:12:45.950> the<00:12:46.130> screen<00:12:46.340> I<00:12:46.730> will<00:12:46.940> try<00:12:47.240> to<00:12:47.270> explain<00:12:47.570> how 00:12:48.190 --> 00:12:48.200 align:start position:0% at the screen I will try to explain how 00:12:48.200 --> 00:12:51.070 align:start position:0% at the screen I will try to explain how it<00:12:48.320> can<00:12:48.590> be<00:12:48.770> work<00:12:49.010> we<00:12:49.730> have<00:12:50.080> manufacturers 00:12:51.070 --> 00:12:51.080 align:start position:0% it can be work we have manufacturers 00:12:51.080 --> 00:12:53.920 align:start position:0% it can be work we have manufacturers around<00:12:51.440> the<00:12:51.800> world<00:12:52.100> who<00:12:52.670> want<00:12:53.030> to<00:12:53.150> be<00:12:53.480> involved 00:12:53.920 --> 00:12:53.930 align:start position:0% around the world who want to be involved 00:12:53.930 --> 00:12:57.040 align:start position:0% around the world who want to be involved in<00:12:54.380> Paris<00:12:54.860> climate<00:12:55.400> agreement<00:12:55.550> at<00:12:56.210> the<00:12:56.810> same 00:12:57.040 --> 00:12:57.050 align:start position:0% in Paris climate agreement at the same 00:12:57.050 --> 00:13:00.250 align:start position:0% in Paris climate agreement at the same time<00:12:57.410> we<00:12:57.740> build<00:12:58.160> smart<00:12:59.060> cities<00:12:59.540> around<00:12:59.750> the 00:13:00.250 --> 00:13:00.260 align:start position:0% time we build smart cities around the 00:13:00.260 --> 00:13:03.910 align:start position:0% time we build smart cities around the world<00:13:00.710> and<00:13:00.950> this<00:13:01.550> smart<00:13:01.880> cities<00:13:02.500> have<00:13:03.500> many 00:13:03.910 --> 00:13:03.920 align:start position:0% world and this smart cities have many 00:13:03.920 --> 00:13:07.420 align:start position:0% world and this smart cities have many types<00:13:04.340> of<00:13:04.640> different<00:13:05.270> sensors<00:13:06.070> which<00:13:07.070> can 00:13:07.420 --> 00:13:07.430 align:start position:0% types of different sensors which can 00:13:07.430 --> 00:13:10.660 align:start position:0% types of different sensors which can collect<00:13:08.030> data<00:13:08.300> about<00:13:09.050> carbon<00:13:10.010> footprint 00:13:10.660 --> 00:13:10.670 align:start position:0% collect data about carbon footprint 00:13:10.670 --> 00:13:14.650 align:start position:0% collect data about carbon footprint around<00:13:11.380> manufacturers<00:13:12.910> smart<00:13:13.910> cities<00:13:14.330> can 00:13:14.650 --> 00:13:14.660 align:start position:0% around manufacturers smart cities can 00:13:14.660 --> 00:13:20.080 align:start position:0% around manufacturers smart cities can send<00:13:15.110> a<00:13:15.910> no<00:13:16.910> reports<00:13:17.660> to<00:13:18.170> serum<00:13:18.680> network<00:13:19.280> we 00:13:20.080 --> 00:13:20.090 align:start position:0% send a no reports to serum network we 00:13:20.090 --> 00:13:23.890 align:start position:0% send a no reports to serum network we can<00:13:20.590> install<00:13:21.590> additional<00:13:22.010> package<00:13:22.790> on<00:13:23.240> a 00:13:23.890 --> 00:13:23.900 align:start position:0% can install additional package on a 00:13:23.900 --> 00:13:26.830 align:start position:0% can install additional package on a serial<00:13:24.410> network<00:13:24.860> validators<00:13:25.840> additional 00:13:26.830 --> 00:13:26.840 align:start position:0% serial network validators additional 00:13:26.840 --> 00:13:30.760 align:start position:0% serial network validators additional package<00:13:27.260> with<00:13:28.120> carbon<00:13:29.120> credit<00:13:29.990> emission 00:13:30.760 --> 00:13:30.770 align:start position:0% package with carbon credit emission 00:13:30.770 --> 00:13:35.980 align:start position:0% package with carbon credit emission algorithm<00:13:31.730> and<00:13:32.890> after<00:13:33.890> that<00:13:34.160> is<00:13:34.700> zero<00:13:35.210> Network 00:13:35.980 --> 00:13:35.990 align:start position:0% algorithm and after that is zero Network 00:13:35.990 --> 00:13:40.450 align:start position:0% algorithm and after that is zero Network and<00:13:36.290> issue<00:13:37.000> carbon<00:13:38.000> credits<00:13:38.890> green<00:13:39.890> humans 00:13:40.450 --> 00:13:40.460 align:start position:0% and issue carbon credits green humans 00:13:40.460 --> 00:13:44.830 align:start position:0% and issue carbon credits green humans can<00:13:40.970> buy<00:13:41.240> this<00:13:42.110> credit<00:13:42.650> and<00:13:43.030> our<00:13:44.030> collected 00:13:44.830 --> 00:13:44.840 align:start position:0% can buy this credit and our collected 00:13:44.840 --> 00:13:47.650 align:start position:0% can buy this credit and our collected funds<00:13:45.140> can<00:13:45.680> be<00:13:45.710> spread<00:13:46.220> between<00:13:46.790> green 00:13:47.650 --> 00:13:47.660 align:start position:0% funds can be spread between green 00:13:47.660 --> 00:13:50.650 align:start position:0% funds can be spread between green economy<00:13:47.960> manufacturers<00:13:48.970> smart<00:13:49.970> cities<00:13:50.450> who 00:13:50.650 --> 00:13:50.660 align:start position:0% economy manufacturers smart cities who 00:13:50.660 --> 00:13:54.040 align:start position:0% economy manufacturers smart cities who collect<00:13:51.050> data<00:13:51.500> and<00:13:52.540> serial<00:13:53.540> network 00:13:54.040 --> 00:13:54.050 align:start position:0% collect data and serial network 00:13:54.050 --> 00:13:57.160 align:start position:0% collect data and serial network validators<00:13:54.830> who<00:13:55.070> involved<00:13:55.760> in<00:13:56.030> this<00:13:56.540> process 00:13:57.160 --> 00:13:57.170 align:start position:0% validators who involved in this process 00:13:57.170 --> 00:14:02.800 align:start position:0% validators who involved in this process and<00:13:57.940> if<00:13:58.940> it<00:13:59.840> will<00:14:00.290> be<00:14:00.470> work<00:14:01.120> we<00:14:02.120> just<00:14:02.150> can't 00:14:02.800 --> 00:14:02.810 align:start position:0% and if it will be work we just can't 00:14:02.810 --> 00:14:05.740 align:start position:0% and if it will be work we just can't change<00:14:03.140> the<00:14:04.100> reforming<00:14:04.700> task<00:14:04.970> from<00:14:05.360> Paris 00:14:05.740 --> 00:14:05.750 align:start position:0% change the reforming task from Paris 00:14:05.750 --> 00:14:09.610 align:start position:0% change the reforming task from Paris climate<00:14:06.590> agreement<00:14:06.710> to<00:14:07.430> prepare<00:14:08.420> Mars<00:14:08.930> to 00:14:09.610 --> 00:14:09.620 align:start position:0% climate agreement to prepare Mars to 00:14:09.620 --> 00:14:12.970 align:start position:0% climate agreement to prepare Mars to DEFCON<00:14:09.830> filled<00:14:10.370> with<00:14:11.090> the<00:14:11.330> same<00:14:12.140> scheme<00:14:12.680> is 00:14:12.970 --> 00:14:12.980 align:start position:0% DEFCON filled with the same scheme is 00:14:12.980 --> 00:14:17.920 align:start position:0% DEFCON filled with the same scheme is the<00:14:13.460> same<00:14:13.670> software<00:14:15.640> so<00:14:16.640> today<00:14:17.420> we<00:14:17.660> have<00:14:17.900> a 00:14:17.920 --> 00:14:17.930 align:start position:0% the same software so today we have a 00:14:17.930 --> 00:14:20.500 align:start position:0% the same software so today we have a smart<00:14:18.470> contract<00:14:18.680> package<00:14:19.490> for<00:14:19.820> carbon<00:14:20.180> credit 00:14:20.500 --> 00:14:20.510 align:start position:0% smart contract package for carbon credit 00:14:20.510 --> 00:14:23.590 align:start position:0% smart contract package for carbon credit market<00:14:21.050> tested<00:14:21.500> with<00:14:21.680> real<00:14:21.920> participants<00:14:22.730> we 00:14:23.590 --> 00:14:23.600 align:start position:0% market tested with real participants we 00:14:23.600 --> 00:14:26.200 align:start position:0% market tested with real participants we build<00:14:23.930> the<00:14:24.500> sterilizer<00:14:24.980> application<00:14:25.850> for 00:14:26.200 --> 00:14:26.210 align:start position:0% build the sterilizer application for 00:14:26.210 --> 00:14:29.890 align:start position:0% build the sterilizer application for human<00:14:26.660> to<00:14:26.810> human<00:14:27.040> communication<00:14:28.040> and<00:14:28.300> my<00:14:29.300> team 00:14:29.890 --> 00:14:29.900 align:start position:0% human to human communication and my team 00:14:29.900 --> 00:14:34.780 align:start position:0% human to human communication and my team error<00:14:30.260> team<00:14:30.950> now<00:14:31.490> try<00:14:31.910> to<00:14:31.970> build<00:14:33.160> first<00:14:34.160> carbon 00:14:34.780 --> 00:14:34.790 align:start position:0% error team now try to build first carbon 00:14:34.790 --> 00:14:37.110 align:start position:0% error team now try to build first carbon footprint<00:14:35.360> sensors<00:14:35.990> network<00:14:36.590> visually 00:14:37.110 --> 00:14:37.120 align:start position:0% footprint sensors network visually 00:14:37.120 --> 00:14:40.630 align:start position:0% footprint sensors network visually serial<00:14:38.120> network<00:14:38.570> validators<00:14:39.260> base<00:14:39.890> it<00:14:40.130> on<00:14:40.340> our 00:14:40.630 --> 00:14:40.640 align:start position:0% serial network validators base it on our 00:14:40.640 --> 00:14:43.780 align:start position:0% serial network validators base it on our air<00:14:41.410> distributive<00:14:42.410> in<00:14:42.680> the<00:14:43.070> next<00:14:43.370> year<00:14:43.610> we 00:14:43.780 --> 00:14:43.790 align:start position:0% air distributive in the next year we 00:14:43.790 --> 00:14:46.390 align:start position:0% air distributive in the next year we will<00:14:44.000> show<00:14:44.330> first<00:14:44.690> algorithm<00:14:45.230> for<00:14:45.830> carbon 00:14:46.390 --> 00:14:46.400 align:start position:0% will show first algorithm for carbon 00:14:46.400 --> 00:14:49.660 align:start position:0% will show first algorithm for carbon credit<00:14:46.880> issues<00:14:47.420> based<00:14:47.960> on<00:14:48.440> a<00:14:48.800> serial<00:14:49.190> network 00:14:49.660 --> 00:14:49.670 align:start position:0% credit issues based on a serial network 00:14:49.670 --> 00:14:53.230 align:start position:0% credit issues based on a serial network and<00:14:49.910> we<00:14:50.770> want<00:14:51.770> to<00:14:51.980> build<00:14:52.160> your<00:14:52.520> service<00:14:53.000> for 00:14:53.230 --> 00:14:53.240 align:start position:0% and we want to build your service for 00:14:53.240 --> 00:14:54.310 align:start position:0% and we want to build your service for reducing 00:14:54.310 --> 00:14:54.320 align:start position:0% reducing 00:14:54.320 --> 00:14:57.400 align:start position:0% reducing your<00:14:54.500> carbon<00:14:54.920> footprint<00:14:55.460> only<00:14:56.210> with<00:14:56.420> carbon 00:14:57.400 --> 00:14:57.410 align:start position:0% your carbon footprint only with carbon 00:14:57.410 --> 00:15:00.460 align:start position:0% your carbon footprint only with carbon credit<00:14:57.890> based<00:14:58.130> on<00:14:58.490> a<00:14:58.700> serial<00:14:59.120> network<00:14:59.630> here 00:15:00.460 --> 00:15:00.470 align:start position:0% credit based on a serial network here 00:15:00.470 --> 00:15:02.280 align:start position:0% credit based on a serial network here you<00:15:00.620> can<00:15:00.830> find<00:15:01.130> more<00:15:01.370> information<00:15:01.700> about 00:15:02.280 --> 00:15:02.290 align:start position:0% you can find more information about 00:15:02.290 --> 00:15:05.020 align:start position:0% you can find more information about project<00:15:03.290> and<00:15:03.560> if<00:15:03.710> you<00:15:03.890> interesting<00:15:04.490> in<00:15:04.730> error 00:15:05.020 --> 00:15:05.030 align:start position:0% project and if you interesting in error 00:15:05.030 --> 00:15:07.420 align:start position:0% project and if you interesting in error distributes<00:15:05.780> if<00:15:05.960> you<00:15:06.110> can<00:15:06.320> find<00:15:06.650> more 00:15:07.420 --> 00:15:07.430 align:start position:0% distributes if you can find more 00:15:07.430 --> 00:15:11.020 align:start position:0% distributes if you can find more information<00:15:07.700> error<00:15:08.360> dot<00:15:08.780> life<00:15:09.070> website<00:15:10.070> so 00:15:11.020 --> 00:15:11.030 align:start position:0% information error dot life website so 00:15:11.030 --> 00:15:15.280 align:start position:0% information error dot life website so keep<00:15:11.600> on<00:15:11.810> the<00:15:12.020> way<00:15:12.200> to<00:15:12.260> DEFCON<00:15:12.650> on<00:15:13.070> Mars<00:15:13.370> and<00:15:14.290> we 00:15:15.280 --> 00:15:15.290 align:start position:0% keep on the way to DEFCON on Mars and we 00:15:15.290 --> 00:15:17.860 align:start position:0% keep on the way to DEFCON on Mars and we will<00:15:15.500> try<00:15:15.830> to<00:15:15.860> prepare<00:15:16.670> and<00:15:17.090> do<00:15:17.420> it<00:15:17.570> much<00:15:17.840> more 00:15:17.860 --> 00:15:17.870 align:start position:0% will try to prepare and do it much more 00:15:17.870 --> 00:15:20.470 align:start position:0% will try to prepare and do it much more comfortable<00:15:18.380> thank<00:15:19.250> you 00:15:20.470 --> 00:15:20.480 align:start position:0% comfortable thank you 00:15:20.480 --> 00:15:29.900 align:start position:0% comfortable thank you [Applause] 00:15:29.900 --> 00:15:29.910 align:start position:0% 00:15:29.910 --> 00:15:37.490 align:start position:0% [Music]