WEBVTT Kind: captions Language: en 00:00:00.390 --> 00:00:04.249 align:start position:0% hello<00:00:01.290> everybody<00:00:02.269> thanks<00:00:03.269> for<00:00:03.539> coming<00:00:04.140> to 00:00:04.249 --> 00:00:04.259 align:start position:0% hello everybody thanks for coming to 00:00:04.259 --> 00:00:06.770 align:start position:0% hello everybody thanks for coming to learn<00:00:04.440> a<00:00:04.740> little<00:00:04.860> bit<00:00:05.040> about<00:00:05.600> identity 00:00:06.770 --> 00:00:06.780 align:start position:0% learn a little bit about identity 00:00:06.780 --> 00:00:10.819 align:start position:0% learn a little bit about identity I<00:00:06.810> just<00:00:07.140> watched<00:00:07.350> Cena<00:00:09.139> talk<00:00:10.139> and<00:00:10.349> I<00:00:10.379> actually 00:00:10.819 --> 00:00:10.829 align:start position:0% I just watched Cena talk and I actually 00:00:10.829 --> 00:00:13.489 align:start position:0% I just watched Cena talk and I actually I<00:00:11.490> read<00:00:12.209> scene<00:00:12.450> as<00:00:12.570> working<00:00:12.780> it's<00:00:12.990> awesome<00:00:13.289> and 00:00:13.489 --> 00:00:13.499 align:start position:0% I read scene as working it's awesome and 00:00:13.499 --> 00:00:15.230 align:start position:0% I read scene as working it's awesome and I<00:00:13.650> think<00:00:13.679> that<00:00:14.099> it<00:00:14.280> was<00:00:14.429> what<00:00:14.879> he<00:00:14.940> talked<00:00:15.150> about 00:00:15.230 --> 00:00:15.240 align:start position:0% I think that it was what he talked about 00:00:15.240 --> 00:00:18.050 align:start position:0% I think that it was what he talked about was<00:00:15.539> that<00:00:15.980> kind<00:00:16.980> of<00:00:17.040> the<00:00:17.130> technical<00:00:17.700> level<00:00:17.790> how 00:00:18.050 --> 00:00:18.060 align:start position:0% was that kind of the technical level how 00:00:18.060 --> 00:00:19.160 align:start position:0% was that kind of the technical level how we're<00:00:18.180> gonna<00:00:18.300> actually<00:00:18.450> implement<00:00:19.080> this 00:00:19.160 --> 00:00:19.170 align:start position:0% we're gonna actually implement this 00:00:19.170 --> 00:00:22.670 align:start position:0% we're gonna actually implement this stuff<00:00:19.410> with<00:00:20.070> this<00:00:20.250> technology<00:00:20.790> is<00:00:21.680> super 00:00:22.670 --> 00:00:22.680 align:start position:0% stuff with this technology is super 00:00:22.680 --> 00:00:24.560 align:start position:0% stuff with this technology is super important<00:00:23.070> and<00:00:23.160> a<00:00:23.580> lot<00:00:23.700> of<00:00:23.880> super<00:00:24.240> cool<00:00:24.390> use 00:00:24.560 --> 00:00:24.570 align:start position:0% important and a lot of super cool use 00:00:24.570 --> 00:00:26.030 align:start position:0% important and a lot of super cool use cases<00:00:24.660> there 00:00:26.030 --> 00:00:26.040 align:start position:0% cases there 00:00:26.040 --> 00:00:30.020 align:start position:0% cases there however<00:00:26.580> this<00:00:27.060> talk<00:00:27.360> is<00:00:28.140> a<00:00:28.560> level<00:00:29.490> or<00:00:29.730> a<00:00:29.760> layer 00:00:30.020 --> 00:00:30.030 align:start position:0% however this talk is a level or a layer 00:00:30.030 --> 00:00:34.480 align:start position:0% however this talk is a level or a layer up<00:00:32.150> talking<00:00:33.150> a<00:00:33.180> broader<00:00:33.540> sense<00:00:33.960> about 00:00:34.480 --> 00:00:34.490 align:start position:0% up talking a broader sense about 00:00:34.490 --> 00:00:37.069 align:start position:0% up talking a broader sense about identity<00:00:35.490> what<00:00:35.910> is<00:00:36.060> what<00:00:36.420> exactly<00:00:36.720> are<00:00:37.020> we 00:00:37.069 --> 00:00:37.079 align:start position:0% identity what is what exactly are we 00:00:37.079 --> 00:00:39.260 align:start position:0% identity what is what exactly are we trying<00:00:37.380> to<00:00:37.470> solve<00:00:37.710> when<00:00:38.040> we<00:00:38.160> say<00:00:38.940> we<00:00:39.239> have 00:00:39.260 --> 00:00:39.270 align:start position:0% trying to solve when we say we have 00:00:39.270 --> 00:00:41.450 align:start position:0% trying to solve when we say we have identity<00:00:39.870> problems<00:00:40.350> or<00:00:40.500> the<00:00:40.620> identity<00:00:41.190> on<00:00:41.370> the 00:00:41.450 --> 00:00:41.460 align:start position:0% identity problems or the identity on the 00:00:41.460 --> 00:00:44.960 align:start position:0% identity problems or the identity on the internet<00:00:41.790> is<00:00:41.910> broken<00:00:42.180> or<00:00:42.600> aetherium<00:00:43.970> doesn't 00:00:44.960 --> 00:00:44.970 align:start position:0% internet is broken or aetherium doesn't 00:00:44.970 --> 00:00:47.600 align:start position:0% internet is broken or aetherium doesn't have<00:00:45.149> proper<00:00:45.560> standards<00:00:46.560> for<00:00:46.739> identity<00:00:47.160> what 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position:0% conceptual framework that we can apply to<00:00:53.730> kind<00:00:54.149> of<00:00:54.210> solve<00:00:54.390> this<00:00:54.540> problem<00:00:54.840> so<00:00:55.020> I<00:00:55.230> don't 00:00:56.090 --> 00:00:56.100 align:start position:0% to kind of solve this problem so I don't 00:00:56.100 --> 00:00:58.069 align:start position:0% to kind of solve this problem so I don't know<00:00:56.190> if<00:00:56.280> you<00:00:56.370> know<00:00:56.550> since<00:00:57.239> this<00:00:57.360> is<00:00:57.540> kind<00:00:57.930> of 00:00:58.069 --> 00:00:58.079 align:start position:0% know if you know since this is kind of 00:00:58.079 --> 00:00:59.840 align:start position:0% know if you know since this is kind of just<00:00:58.140> an<00:00:58.559> identity<00:00:58.950> talk<00:00:59.280> but<00:00:59.520> this<00:00:59.760> is 00:00:59.840 --> 00:00:59.850 align:start position:0% just an identity talk but this is 00:00:59.850 --> 00:01:04.939 align:start position:0% just an identity talk but this is actually<00:01:00.120> under<00:01:00.320> the<00:01:02.780> design<00:01:03.780> track<00:01:04.110> here<00:01:04.769> at 00:01:04.939 --> 00:01:04.949 align:start position:0% actually under the design track here at 00:01:04.949 --> 00:01:08.750 align:start position:0% actually under the design track here at Def<00:01:05.670> Con<00:01:05.700> and<00:01:06.979> before<00:01:07.979> I<00:01:08.010> dive<00:01:08.190> into<00:01:08.220> that<00:01:08.490> a 00:01:08.750 --> 00:01:08.760 align:start position:0% Def Con and before I dive into that a 00:01:08.760 --> 00:01:11.780 align:start position:0% Def Con and before I dive into that a little<00:01:08.909> bit<00:01:09.060> about<00:01:09.390> myself<00:01:09.720> I<00:01:10.490> work<00:01:11.490> on<00:01:11.640> you 00:01:11.780 --> 00:01:11.790 align:start position:0% little bit about myself I work on you 00:01:11.790 --> 00:01:13.610 align:start position:0% little bit about myself I work on you port<00:01:12.060> I'm<00:01:12.299> product<00:01:12.870> designer<00:01:13.140> I've<00:01:13.409> been 00:01:13.610 --> 00:01:13.620 align:start position:0% port I'm product designer I've been 00:01:13.620 --> 00:01:14.810 align:start position:0% port I'm product designer I've been working<00:01:13.890> on<00:01:13.920> you<00:01:14.040> port<00:01:14.280> for<00:01:14.370> a<00:01:14.400> little<00:01:14.549> over<00:01:14.670> a 00:01:14.810 --> 00:01:14.820 align:start position:0% working on you port for a little over a 00:01:14.820 --> 00:01:17.840 align:start position:0% working on you port for a little over a year<00:01:14.880> and<00:01:15.869> we<00:01:16.049> do<00:01:16.380> self<00:01:16.830> sovereign<00:01:17.220> identity 00:01:17.840 --> 00:01:17.850 align:start position:0% year and we do self sovereign identity 00:01:17.850 --> 00:01:19.850 align:start position:0% year and we do self sovereign identity work<00:01:18.060> and<00:01:18.330> a<00:01:18.380> number<00:01:19.380> of<00:01:19.470> things<00:01:19.590> we<00:01:19.740> have<00:01:19.830> a 00:01:19.850 --> 00:01:19.860 align:start position:0% work and a number of things we have a 00:01:19.860 --> 00:01:21.320 align:start position:0% work and a number of things we have a mobile<00:01:20.040> app<00:01:20.280> we<00:01:20.640> have<00:01:20.670> developer<00:01:21.180> resources 00:01:21.320 --> 00:01:21.330 align:start position:0% mobile app we have developer resources 00:01:21.330 --> 00:01:25.750 align:start position:0% mobile app we have developer resources we<00:01:22.110> do<00:01:22.860> the<00:01:23.100> ERC<00:01:23.340> thing<00:01:23.790> and<00:01:24.270> try<00:01:24.750> and<00:01:24.869> submit 00:01:25.750 --> 00:01:25.760 align:start position:0% we do the ERC thing and try and submit 00:01:25.760 --> 00:01:28.160 align:start position:0% we do the ERC thing and try and submit standards<00:01:26.760> and<00:01:27.030> make<00:01:27.210> suggestions<00:01:27.690> about<00:01:28.020> the 00:01:28.160 --> 00:01:28.170 align:start position:0% standards and make suggestions about the 00:01:28.170 --> 00:01:31.130 align:start position:0% standards and make suggestions about the protocol<00:01:28.820> but<00:01:29.820> ultimately<00:01:30.420> our<00:01:30.689> vision<00:01:30.990> is<00:01:31.110> to 00:01:31.130 --> 00:01:31.140 align:start position:0% protocol but ultimately our vision is to 00:01:31.140 --> 00:01:33.859 align:start position:0% protocol but ultimately our vision is to bring<00:01:31.650> self<00:01:31.890> sovereign<00:01:32.250> identity<00:01:32.750> to<00:01:33.750> the 00:01:33.859 --> 00:01:33.869 align:start position:0% bring self sovereign identity to the 00:01:33.869 --> 00:01:35.330 align:start position:0% bring self sovereign identity to the world<00:01:34.020> and<00:01:34.260> a<00:01:34.290> practical<00:01:34.650> usable<00:01:35.130> in<00:01:35.310> the 00:01:35.330 --> 00:01:35.340 align:start position:0% world and a practical usable in the 00:01:35.340 --> 00:01:36.950 align:start position:0% world and a practical usable in the universal<00:01:35.820> way<00:01:35.909> something<00:01:36.330> that<00:01:36.360> even<00:01:36.689> is 00:01:36.950 --> 00:01:36.960 align:start position:0% universal way something that even is 00:01:36.960 --> 00:01:38.090 align:start position:0% universal way something that even is outside<00:01:37.409> of<00:01:37.439> aetherium 00:01:38.090 --> 00:01:38.100 align:start position:0% outside of aetherium 00:01:38.100 --> 00:01:39.890 align:start position:0% outside of aetherium because<00:01:38.520> people<00:01:39.030> have<00:01:39.150> real<00:01:39.360> identities 00:01:39.890 --> 00:01:39.900 align:start position:0% because people have real identities 00:01:39.900 --> 00:01:43.700 align:start position:0% because people have real identities outside<00:01:40.470> of<00:01:40.560> aetherium<00:01:40.950> too<00:01:41.330> and<00:01:42.650> creating<00:01:43.650> a 00:01:43.700 --> 00:01:43.710 align:start position:0% outside of aetherium too and creating a 00:01:43.710 --> 00:01:45.830 align:start position:0% outside of aetherium too and creating a silo<00:01:44.100> inside<00:01:44.549> of<00:01:44.640> aetherium<00:01:45.000> isn't<00:01:45.360> going<00:01:45.600> to 00:01:45.830 --> 00:01:45.840 align:start position:0% silo inside of aetherium isn't going to 00:01:45.840 --> 00:01:48.859 align:start position:0% silo inside of aetherium isn't going to work<00:01:46.340> and<00:01:47.340> we<00:01:47.610> want<00:01:47.700> to<00:01:47.820> make<00:01:47.939> it<00:01:48.090> a<00:01:48.240> standard 00:01:48.859 --> 00:01:48.869 align:start position:0% work and we want to make it a standard 00:01:48.869 --> 00:01:52.399 align:start position:0% work and we want to make it a standard and<00:01:49.049> not<00:01:49.200> a<00:01:49.350> standard<00:01:49.890> in<00:01:50.040> the<00:01:50.130> sense<00:01:50.400> that<00:01:51.409> we 00:01:52.399 --> 00:01:52.409 align:start position:0% and not a standard in the sense that we 00:01:52.409 --> 00:01:54.320 align:start position:0% and not a standard in the sense that we submit<00:01:53.040> something<00:01:53.640> and<00:01:53.880> it<00:01:53.970> becomes 00:01:54.320 --> 00:01:54.330 align:start position:0% submit something and it becomes 00:01:54.330 --> 00:01:57.590 align:start position:0% submit something and it becomes standardized<00:01:54.990> in<00:01:55.380> code<00:01:55.830> but<00:01:56.189> a<00:01:56.479> standard<00:01:57.479> way 00:01:57.590 --> 00:01:57.600 align:start position:0% standardized in code but a standard way 00:01:57.600 --> 00:01:58.850 align:start position:0% standardized in code but a standard way of<00:01:57.630> operating<00:01:58.229> in<00:01:58.320> the<00:01:58.409> world<00:01:58.530> where<00:01:58.829> people 00:01:58.850 --> 00:01:58.860 align:start position:0% of operating in the world where people 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one<00:02:09.780> of<00:02:09.869> the<00:02:09.929> questions<00:02:10.229> I<00:02:10.289> always 00:02:10.430 --> 00:02:10.440 align:start position:0% typically one of the questions I always 00:02:10.440 --> 00:02:11.839 align:start position:0% typically one of the questions I always ask<00:02:10.530> I<00:02:10.860> think<00:02:11.039> a<00:02:11.069> lot<00:02:11.190> of<00:02:11.220> other<00:02:11.370> designers 00:02:11.839 --> 00:02:11.849 align:start position:0% ask I think a lot of other designers 00:02:11.849 --> 00:02:13.520 align:start position:0% ask I think a lot of other designers kind<00:02:12.090> of<00:02:12.150> ask<00:02:12.330> it<00:02:12.569> is 00:02:13.520 --> 00:02:13.530 align:start position:0% kind of ask it is 00:02:13.530 --> 00:02:15.699 align:start position:0% kind of ask it is are<00:02:13.650> we<00:02:13.920> solving<00:02:14.160> the<00:02:14.430> right<00:02:14.580> thing<00:02:14.850> first<00:02:15.330> and 00:02:15.699 --> 00:02:15.709 align:start position:0% are we solving the right thing first and 00:02:15.709 --> 00:02:18.920 align:start position:0% are we solving the right thing first and then<00:02:16.709> are<00:02:16.980> we<00:02:17.040> or<00:02:17.880> are<00:02:17.940> we<00:02:18.300> building<00:02:18.540> the<00:02:18.810> right 00:02:18.920 --> 00:02:18.930 align:start position:0% then are we or are we building the right 00:02:18.930 --> 00:02:20.990 align:start position:0% then are we or are we building the right thing<00:02:19.170> and<00:02:19.350> then<00:02:19.800> are<00:02:20.069> we<00:02:20.220> building<00:02:20.490> the<00:02:20.790> thing 00:02:20.990 --> 00:02:21.000 align:start position:0% thing and then are we building the thing 00:02:21.000 --> 00:02:24.080 align:start position:0% thing and then are we building the thing right<00:02:21.270> and<00:02:21.720> a<00:02:22.230> lot<00:02:23.220> of<00:02:23.340> times<00:02:23.520> I<00:02:23.670> think<00:02:23.700> that 00:02:24.080 --> 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can<00:02:36.000> coexist<00:02:36.330> but<00:02:37.230> they<00:02:37.560> are<00:02:37.620> not<00:02:37.830> exactly<00:02:38.250> the 00:02:38.660 --> 00:02:38.670 align:start position:0% can coexist but they are not exactly the 00:02:38.670 --> 00:02:40.850 align:start position:0% can coexist but they are not exactly the same<00:02:39.000> and<00:02:39.510> you<00:02:39.900> can<00:02:40.080> think<00:02:40.319> about<00:02:40.380> them<00:02:40.680> in 00:02:40.850 --> 00:02:40.860 align:start position:0% same and you can think about them in 00:02:40.860 --> 00:02:42.710 align:start position:0% same and you can think about them in different<00:02:41.069> ways<00:02:41.280> and<00:02:41.640> if<00:02:41.819> we<00:02:41.910> only<00:02:42.150> solve 00:02:42.710 --> 00:02:42.720 align:start position:0% different ways and if we only solve 00:02:42.720 --> 00:02:46.160 align:start position:0% different ways and if we only solve items<00:02:43.580> identity<00:02:44.580> problems<00:02:44.970> we're<00:02:45.510> at<00:02:45.660> risk<00:02:45.900> of 00:02:46.160 --> 00:02:46.170 align:start position:0% items identity problems we're at risk of 00:02:46.170 --> 00:02:48.020 align:start position:0% items identity problems we're at risk of not<00:02:46.380> making<00:02:46.650> this<00:02:46.920> whole<00:02:47.100> thing<00:02:47.130> accessible 00:02:48.020 --> 00:02:48.030 align:start position:0% not making this whole thing accessible 00:02:48.030 --> 00:02:50.479 align:start position:0% not making this whole thing accessible and<00:02:48.300> universal<00:02:48.959> and<00:02:49.440> we're<00:02:49.590> at<00:02:49.800> risk<00:02:50.220> of 00:02:50.479 --> 00:02:50.489 align:start position:0% and universal and we're at risk of 00:02:50.489 --> 00:02:54.370 align:start position:0% and universal and we're at risk of rebuilding<00:02:51.360> web<00:02:51.989> 2<00:02:52.320> problems<00:02:52.920> into<00:02:53.550> aetherium 00:02:54.370 --> 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00:03:02.970 align:start position:0% picture them maybe this is in five years 00:03:02.970 --> 00:03:09.250 align:start position:0% picture them maybe this is in five years 2023<00:03:04.760> take<00:03:05.760> saara<00:03:06.720> for<00:03:07.170> instance<00:03:07.709> so<00:03:08.340> imagine 00:03:09.250 --> 00:03:09.260 align:start position:0% 2023 take saara for instance so imagine 00:03:09.260 --> 00:03:12.050 align:start position:0% 2023 take saara for instance so imagine this<00:03:10.260> is<00:03:10.319> four<00:03:10.650> years<00:03:10.860> in<00:03:11.010> the<00:03:11.069> future<00:03:11.190> she<00:03:11.970> is 00:03:12.050 --> 00:03:12.060 align:start position:0% this is four years in the future she is 00:03:12.060 --> 00:03:16.610 align:start position:0% this is four years in the future she is now<00:03:12.269> having<00:03:12.900> to<00:03:13.080> flee<00:03:13.970> Myanmar<00:03:14.970> or<00:03:15.620> some 00:03:16.610 --> 00:03:16.620 align:start position:0% now having to flee Myanmar or some 00:03:16.620 --> 00:03:20.180 align:start position:0% now having to flee Myanmar or some conflict<00:03:17.220> zone<00:03:17.700> and<00:03:18.290> she<00:03:19.290> received<00:03:19.769> aid 00:03:20.180 --> 00:03:20.190 align:start position:0% conflict zone and she received aid 00:03:20.190 --> 00:03:23.810 align:start position:0% conflict zone and she received aid before<00:03:20.610> as<00:03:21.060> a<00:03:21.120> UN<00:03:21.690> refugee<00:03:22.140> the<00:03:23.010> last<00:03:23.220> time<00:03:23.489> she 00:03:23.810 --> 00:03:23.820 align:start position:0% before as a UN refugee the last time she 00:03:23.820 --> 00:03:27.170 align:start position:0% before as a UN refugee the last time she had<00:03:23.970> to<00:03:24.150> escape<00:03:24.540> and<00:03:25.100> during<00:03:26.100> that<00:03:26.250> time<00:03:26.459> she 00:03:27.170 --> 00:03:27.180 align:start position:0% had to escape and during that time she 00:03:27.180 --> 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and they issued that to her atheria<00:03:35.489> Madras<00:03:35.850> right<00:03:36.090> she<00:03:36.750> returns<00:03:37.140> once 00:03:38.060 --> 00:03:38.070 align:start position:0% atheria Madras right she returns once 00:03:38.070 --> 00:03:39.199 align:start position:0% atheria Madras right she returns once the<00:03:38.190> conflict<00:03:38.579> has<00:03:38.700> kind<00:03:38.880> of<00:03:38.940> settled<00:03:39.180> down 00:03:39.199 --> 00:03:39.209 align:start position:0% the conflict has kind of settled down 00:03:39.209 --> 00:03:43.160 align:start position:0% the conflict has kind of settled down she<00:03:39.510> returns<00:03:39.780> home<00:03:40.010> now<00:03:41.600> things<00:03:42.600> degrade 00:03:43.160 --> 00:03:43.170 align:start position:0% she returns home now things degrade 00:03:43.170 --> 00:03:46.280 align:start position:0% she returns home now things degrade again<00:03:43.500> socially<00:03:44.040> and<00:03:44.329> she's<00:03:45.329> now<00:03:45.510> at<00:03:45.840> risk 00:03:46.280 --> 00:03:46.290 align:start position:0% again socially and she's now at risk 00:03:46.290 --> 00:03:49.030 align:start position:0% again socially and she's now at risk again<00:03:46.739> and<00:03:47.100> the<00:03:47.579> government<00:03:47.700> wants<00:03:48.600> to 00:03:49.030 --> 00:03:49.040 align:start position:0% again and the government wants to 00:03:49.040 --> 00:03:51.979 align:start position:0% again and the government wants to persecute<00:03:50.040> her<00:03:50.790> and<00:03:51.060> people<00:03:51.299> like<00:03:51.570> her<00:03:51.720> and 00:03:51.979 --> 00:03:51.989 align:start position:0% persecute her and people like her and 00:03:51.989 --> 00:03:54.380 align:start position:0% persecute her and people like her and now<00:03:52.440> they<00:03:52.560> can<00:03:52.709> identify<00:03:52.829> her<00:03:53.519> incredibly 00:03:54.380 --> 00:03:54.390 align:start position:0% now they can identify her incredibly 00:03:54.390 --> 00:03:55.880 align:start position:0% now they can identify her incredibly easily<00:03:54.720> they<00:03:55.109> just<00:03:55.290> have<00:03:55.380> to<00:03:55.500> look<00:03:55.680> at<00:03:55.769> the 00:03:55.880 --> 00:03:55.890 align:start position:0% easily they just have to look at the 00:03:55.890 --> 00:03:58.460 align:start position:0% easily they just have to look at the chain<00:03:56.100> right<00:03:56.519> they<00:03:57.120> can<00:03:57.299> verify<00:03:57.570> that<00:03:58.079> she 00:03:58.460 --> 00:03:58.470 align:start position:0% chain right they can verify that she 00:03:58.470 --> 00:04:00.229 align:start position:0% chain right they can verify that she indeed<00:03:58.980> is<00:03:59.310> the<00:03:59.340> type<00:03:59.730> of<00:03:59.850> person<00:04:00.209> that 00:04:00.229 --> 00:04:00.239 align:start position:0% indeed is the type of person that 00:04:00.239 --> 00:04:01.970 align:start position:0% indeed is the type of person that they're<00:04:00.540> looking<00:04:00.810> for<00:04:00.989> right<00:04:01.560> and<00:04:01.739> now 00:04:01.970 --> 00:04:01.980 align:start position:0% they're looking for right and now 00:04:01.980 --> 00:04:04.130 align:start position:0% they're looking for right and now because<00:04:02.730> she<00:04:03.090> received<00:04:03.239> aid<00:04:03.660> and<00:04:03.900> that<00:04:03.989> was 00:04:04.130 --> 00:04:04.140 align:start position:0% because she received aid and that was 00:04:04.140 --> 00:04:05.900 align:start position:0% because she received aid and that was put<00:04:04.320> on<00:04:04.440> chain<00:04:04.709> immutably<00:04:05.310> tied<00:04:05.640> to<00:04:05.790> her 00:04:05.900 --> 00:04:05.910 align:start position:0% put on chain immutably tied to her 00:04:05.910 --> 00:04:10.699 align:start position:0% put on chain immutably tied to her forever<00:04:06.320> she<00:04:07.320> is<00:04:07.410> now<00:04:08.989> exposed<00:04:09.989> herself<00:04:10.470> some 00:04:10.699 --> 00:04:10.709 align:start position:0% forever she is now exposed herself some 00:04:10.709 --> 00:04:11.180 align:start position:0% forever she is now exposed herself some privacy 00:04:11.180 --> 00:04:11.190 align:start position:0% privacy 00:04:11.190 --> 00:04:14.240 align:start position:0% privacy lost<00:04:12.030> privacy<00:04:12.540> lost<00:04:12.780> protection<00:04:13.320> and<00:04:13.680> it<00:04:14.160> was 00:04:14.240 --> 00:04:14.250 align:start position:0% lost privacy lost protection and it was 00:04:14.250 --> 00:04:16.670 align:start position:0% lost privacy lost protection and it was good<00:04:14.430> at<00:04:14.519> the<00:04:14.609> time<00:04:14.790> but<00:04:15.120> nobody<00:04:15.720> thought 00:04:16.670 --> 00:04:16.680 align:start position:0% good at the time but nobody thought 00:04:16.680 --> 00:04:18.830 align:start position:0% good at the time but nobody thought about<00:04:16.919> the<00:04:17.100> long<00:04:17.340> consequences<00:04:18.299> of<00:04:18.479> what 00:04:18.830 --> 00:04:18.840 align:start position:0% about the long consequences of what 00:04:18.840 --> 00:04:19.819 align:start position:0% about the long consequences of what you're<00:04:18.989> doing<00:04:19.109> and<00:04:19.320> what<00:04:19.410> you're<00:04:19.590> putting<00:04:19.709> on 00:04:19.819 --> 00:04:19.829 align:start position:0% you're doing and what you're putting on 00:04:19.829 --> 00:04:21.469 align:start position:0% you're doing and what you're putting on Jane<00:04:20.070> and<00:04:20.280> when<00:04:20.609> you<00:04:20.700> tie<00:04:20.910> it<00:04:20.970> to<00:04:21.180> a<00:04:21.209> self 00:04:21.469 --> 00:04:21.479 align:start position:0% Jane and when you tie it to a self 00:04:21.479 --> 00:04:23.180 align:start position:0% Jane and when you tie it to a self sovereign<00:04:21.750> ID<00:04:21.900> so<00:04:22.620> that's<00:04:22.800> the<00:04:22.860> type<00:04:22.979> of<00:04:23.010> thing 00:04:23.180 --> 00:04:23.190 align:start position:0% sovereign ID so that's the type of thing 00:04:23.190 --> 00:04:25.640 align:start position:0% sovereign ID so that's the type of thing we<00:04:23.280> want<00:04:23.430> to<00:04:23.520> avoid<00:04:23.729> and<00:04:23.970> these<00:04:24.530> problems<00:04:25.530> are 00:04:25.640 --> 00:04:25.650 align:start position:0% we want to avoid and these problems are 00:04:25.650 --> 00:04:26.700 align:start position:0% we want to avoid and these problems are all<00:04:25.770> over<00:04:25.979> the<00:04:26.070> place 00:04:26.700 --> 00:04:26.710 align:start position:0% all over the place 00:04:26.710 --> 00:04:29.520 align:start position:0% all over the place in<00:04:26.800> Texas<00:04:27.280> I'm<00:04:27.520> from<00:04:27.699> Dallas<00:04:28.169> they're<00:04:29.169> using 00:04:29.520 --> 00:04:29.530 align:start position:0% in Texas I'm from Dallas they're using 00:04:29.530 --> 00:04:32.219 align:start position:0% in Texas I'm from Dallas they're using the<00:04:30.039> churches<00:04:30.669> right<00:04:31.060> now<00:04:31.240> in<00:04:31.600> Dallas<00:04:31.990> have 00:04:32.219 --> 00:04:32.229 align:start position:0% the churches right now in Dallas have 00:04:32.229 --> 00:04:34.909 align:start position:0% the churches right now in Dallas have made<00:04:32.470> an<00:04:32.560> agreement<00:04:32.800> with<00:04:33.250> the<00:04:34.180> local 00:04:34.909 --> 00:04:34.919 align:start position:0% made an agreement with the local 00:04:34.919 --> 00:04:37.350 align:start position:0% made an agreement with the local immigration<00:04:35.919> police<00:04:36.490> and<00:04:36.880> the<00:04:36.940> police<00:04:37.150> force 00:04:37.350 --> 00:04:37.360 align:start position:0% immigration police and the police force 00:04:37.360 --> 00:04:40.140 align:start position:0% immigration police and the police force in<00:04:37.570> Dallas<00:04:37.840> that<00:04:38.139> says<00:04:38.380> if<00:04:38.949> an<00:04:39.370> undocumented 00:04:40.140 --> 00:04:40.150 align:start position:0% in Dallas that says if an undocumented 00:04:40.150 --> 00:04:45.870 align:start position:0% in Dallas that says if an undocumented immigrant<00:04:40.600> presents<00:04:41.320> a<00:04:44.220> parishioner<00:04:45.220> ID 00:04:45.870 --> 00:04:45.880 align:start position:0% immigrant presents a parishioner ID 00:04:45.880 --> 00:04:48.480 align:start position:0% immigrant presents a parishioner ID being<00:04:46.419> part<00:04:46.660> of<00:04:46.720> the<00:04:46.810> Catholic<00:04:47.199> Church<00:04:47.490> that 00:04:48.480 --> 00:04:48.490 align:start position:0% being part of the Catholic Church that 00:04:48.490 --> 00:04:50.219 align:start position:0% being part of the Catholic Church that they<00:04:48.789> can<00:04:48.940> get<00:04:49.120> easily<00:04:49.509> just<00:04:49.690> by<00:04:49.810> going<00:04:50.050> to<00:04:50.139> the 00:04:50.219 --> 00:04:50.229 align:start position:0% they can get easily just by going to the 00:04:50.229 --> 00:04:52.800 align:start position:0% they can get easily just by going to the church<00:04:50.440> they<00:04:51.130> the<00:04:51.610> the<00:04:51.940> police<00:04:52.180> won't<00:04:52.389> enforce 00:04:52.800 --> 00:04:52.810 align:start position:0% church they the the police won't enforce 00:04:52.810 --> 00:04:54.510 align:start position:0% church they the the police won't enforce immigration<00:04:52.960> laws<00:04:53.320> upon<00:04:53.770> them<00:04:53.949> for<00:04:54.100> now<00:04:54.220> and 00:04:54.510 --> 00:04:54.520 align:start position:0% immigration laws upon them for now and 00:04:54.520 --> 00:04:58.170 align:start position:0% immigration laws upon them for now and so<00:04:55.180> this<00:04:55.780> has<00:04:55.900> become<00:04:56.550> controversial<00:04:57.550> and<00:04:58.060> all 00:04:58.170 --> 00:04:58.180 align:start position:0% so this has become controversial and all 00:04:58.180 --> 00:04:59.520 align:start position:0% so this has become controversial and all of<00:04:58.300> this<00:04:58.389> stuff<00:04:58.570> and<00:04:58.810> this<00:04:59.139> is<00:04:59.259> something<00:04:59.500> that 00:04:59.520 --> 00:04:59.530 align:start position:0% of this stuff and this is something that 00:04:59.530 --> 00:05:01.469 align:start position:0% of this stuff and this is something that could<00:04:59.770> be<00:04:59.919> done<00:05:00.220> and<00:05:00.400> put<00:05:00.550> on<00:05:00.639> chain<00:05:00.880> however 00:05:01.469 --> 00:05:01.479 align:start position:0% could be done and put on chain however 00:05:01.479 --> 00:05:03.930 align:start position:0% could be done and put on chain however if<00:05:01.750> you<00:05:01.930> put<00:05:02.080> it<00:05:02.199> on<00:05:02.289> chain<00:05:02.560> if<00:05:02.770> though<00:05:03.490> if<00:05:03.789> the 00:05:03.930 --> 00:05:03.940 align:start position:0% if you put it on chain if though if the 00:05:03.940 --> 00:05:05.520 align:start position:0% if you put it on chain if though if the situation<00:05:04.449> changes<00:05:04.479> you've<00:05:05.050> now<00:05:05.229> put<00:05:05.289> that 00:05:05.520 --> 00:05:05.530 align:start position:0% situation changes you've now put that 00:05:05.530 --> 00:05:07.920 align:start position:0% situation changes you've now put that person<00:05:06.039> at<00:05:06.220> risk<00:05:06.400> the<00:05:07.240> same<00:05:07.419> thing<00:05:07.599> happens 00:05:07.920 --> 00:05:07.930 align:start position:0% person at risk the same thing happens 00:05:07.930 --> 00:05:11.040 align:start position:0% person at risk the same thing happens with<00:05:08.550> somebody<00:05:09.550> who<00:05:09.699> maybe<00:05:09.910> you're<00:05:10.690> working 00:05:11.040 --> 00:05:11.050 align:start position:0% with somebody who maybe you're working 00:05:11.050 --> 00:05:12.870 align:start position:0% with somebody who maybe you're working in<00:05:11.169> the<00:05:11.259> adult<00:05:11.470> industry<00:05:11.770> you're<00:05:12.009> on<00:05:12.130> spanked 00:05:12.870 --> 00:05:12.880 align:start position:0% in the adult industry you're on spanked 00:05:12.880 --> 00:05:15.300 align:start position:0% in the adult industry you're on spanked chained<00:05:13.120> right<00:05:13.720> and<00:05:13.960> you're<00:05:14.530> a<00:05:14.560> performer<00:05:14.889> and 00:05:15.300 --> 00:05:15.310 align:start position:0% chained right and you're a performer and 00:05:15.310 --> 00:05:17.700 align:start position:0% chained right and you're a performer and you<00:05:15.820> receive<00:05:16.150> reputation<00:05:16.810> and<00:05:16.990> accolades<00:05:17.470> and 00:05:17.700 --> 00:05:17.710 align:start position:0% you receive reputation and accolades and 00:05:17.710 --> 00:05:19.890 align:start position:0% you receive reputation and accolades and tokens<00:05:18.130> and<00:05:18.340> all<00:05:18.430> this<00:05:18.580> stuff<00:05:18.940> on<00:05:19.360> spank<00:05:19.720> chain 00:05:19.890 --> 00:05:19.900 align:start position:0% tokens and all this stuff on spank chain 00:05:19.900 --> 00:05:22.589 align:start position:0% tokens and all this stuff on spank chain in<00:05:20.050> the<00:05:20.110> future<00:05:20.410> maybe<00:05:20.620> and<00:05:21.099> now<00:05:22.000> you<00:05:22.060> can't 00:05:22.589 --> 00:05:22.599 align:start position:0% in the future maybe and now you can't 00:05:22.599 --> 00:05:26.159 align:start position:0% in the future maybe and now you can't separate<00:05:23.289> that<00:05:23.590> persona<00:05:24.539> from<00:05:25.539> the<00:05:25.840> rest<00:05:26.020> of 00:05:26.159 --> 00:05:26.169 align:start position:0% separate that persona from the rest of 00:05:26.169 --> 00:05:29.159 align:start position:0% separate that persona from the rest of your<00:05:26.320> life<00:05:26.410> in<00:05:26.889> the<00:05:27.009> real<00:05:27.160> world<00:05:27.340> you're<00:05:28.169> being 00:05:29.159 --> 00:05:29.169 align:start position:0% your life in the real world you're being 00:05:29.169 --> 00:05:31.260 align:start position:0% your life in the real world you're being able<00:05:29.259> to<00:05:29.380> correlate<00:05:29.889> all<00:05:30.310> parts<00:05:30.880> of<00:05:30.940> your<00:05:31.000> life 00:05:31.260 --> 00:05:31.270 align:start position:0% able to correlate all parts of your life 00:05:31.270 --> 00:05:31.710 align:start position:0% able to correlate all parts of your life together 00:05:31.710 --> 00:05:31.720 align:start position:0% together 00:05:31.720 --> 00:05:33.390 align:start position:0% together and<00:05:31.840> being<00:05:32.110> one<00:05:32.320> single<00:05:32.770> person<00:05:33.130> in<00:05:33.250> every 00:05:33.390 --> 00:05:33.400 align:start position:0% and being one single person in every 00:05:33.400 --> 00:05:35.939 align:start position:0% and being one single person in every single<00:05:33.610> context<00:05:34.270> is<00:05:34.389> like<00:05:34.570> not<00:05:34.810> a<00:05:34.840> natural<00:05:35.440> way 00:05:35.939 --> 00:05:35.949 align:start position:0% single context is like not a natural way 00:05:35.949 --> 00:05:38.969 align:start position:0% single context is like not a natural way that<00:05:36.159> humans<00:05:36.460> operate<00:05:36.610> in<00:05:36.880> the<00:05:36.940> world<00:05:37.030> so<00:05:37.979> I'm 00:05:38.969 --> 00:05:38.979 align:start position:0% that humans operate in the world so I'm 00:05:38.979 --> 00:05:41.670 align:start position:0% that humans operate in the world so I'm gonna<00:05:39.130> establish<00:05:39.310> some<00:05:39.789> context<00:05:40.330> and<00:05:40.690> we'll 00:05:41.670 --> 00:05:41.680 align:start position:0% gonna establish some context and we'll 00:05:41.680 --> 00:05:43.350 align:start position:0% gonna establish some context and we'll talk<00:05:41.830> about<00:05:41.949> problem<00:05:42.490> I'll<00:05:42.940> present<00:05:43.150> a 00:05:43.350 --> 00:05:43.360 align:start position:0% talk about problem I'll present a 00:05:43.360 --> 00:05:46.320 align:start position:0% talk about problem I'll present a solution<00:05:44.370> so<00:05:45.370> the<00:05:45.699> first<00:05:45.940> thing<00:05:46.090> is<00:05:46.180> how<00:05:46.270> do 00:05:46.320 --> 00:05:46.330 align:start position:0% solution so the first thing is how do 00:05:46.330 --> 00:05:49.040 align:start position:0% solution so the first thing is how do actual<00:05:46.690> people<00:05:47.080> think<00:05:47.380> about<00:05:47.560> their<00:05:48.159> identity 00:05:49.040 --> 00:05:49.050 align:start position:0% actual people think about their identity 00:05:49.050 --> 00:05:51.480 align:start position:0% actual people think about their identity so<00:05:50.050> you<00:05:50.139> like<00:05:50.500> I<00:05:50.620> said<00:05:50.680> you<00:05:51.039> have<00:05:51.130> these 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align:start position:0% identity you have a family your friends your<00:05:58.449> different<00:05:58.960> people<00:05:59.349> at<00:05:59.830> least<00:06:00.009> slightly 00:06:00.450 --> 00:06:00.460 align:start position:0% your different people at least slightly 00:06:00.460 --> 00:06:02.550 align:start position:0% your different people at least slightly in<00:06:00.880> all<00:06:01.210> of<00:06:01.360> these<00:06:01.479> contexts<00:06:01.990> but<00:06:02.349> you're<00:06:02.470> able 00:06:02.550 --> 00:06:02.560 align:start position:0% in all of these contexts but you're able 00:06:02.560 --> 00:06:04.710 align:start position:0% in all of these contexts but you're able to<00:06:02.710> move<00:06:02.919> information<00:06:03.220> between<00:06:03.789> them<00:06:04.090> all<00:06:04.240> but 00:06:04.710 --> 00:06:04.720 align:start position:0% to move information between them all but 00:06:04.720 --> 00:06:06.060 align:start position:0% to move information between them all but you<00:06:04.870> can<00:06:04.990> keep<00:06:05.139> some<00:06:05.349> things<00:06:05.380> private<00:06:05.680> from 00:06:06.060 --> 00:06:06.070 align:start position:0% you can keep some things private from 00:06:06.070 --> 00:06:08.879 align:start position:0% you can keep some things private from some<00:06:06.460> groups<00:06:06.699> right<00:06:07.080> and<00:06:08.080> these<00:06:08.440> are<00:06:08.500> really 00:06:08.879 --> 00:06:08.889 align:start position:0% some groups right and these are really 00:06:08.889 --> 00:06:11.040 align:start position:0% some groups right and these are really there<00:06:09.220> is<00:06:09.340> no<00:06:09.550> essential<00:06:10.030> quality<00:06:10.750> to 00:06:11.040 --> 00:06:11.050 align:start position:0% there is no essential quality to 00:06:11.050 --> 00:06:12.480 align:start position:0% there is no essential quality to identity<00:06:11.560> identities<00:06:12.099> kind<00:06:12.250> of<00:06:12.310> like<00:06:12.400> this 00:06:12.480 --> 00:06:12.490 align:start position:0% identity identities kind of like this 00:06:12.490 --> 00:06:15.089 align:start position:0% identity identities kind of like this emergent<00:06:13.060> thing<00:06:13.240> there's<00:06:13.449> no<00:06:13.570> root<00:06:14.229> basis 00:06:15.089 --> 00:06:15.099 align:start position:0% emergent thing there's no root basis 00:06:15.099 --> 00:06:17.480 align:start position:0% emergent thing there's no root basis this<00:06:15.340> is<00:06:15.520> what<00:06:15.810> philosophers<00:06:16.810> have<00:06:17.050> been 00:06:17.480 --> 00:06:17.490 align:start position:0% this is what philosophers have been 00:06:17.490 --> 00:06:20.390 align:start position:0% this is what philosophers have been debating<00:06:18.490> about<00:06:18.580> forever<00:06:19.120> Hume<00:06:19.690> John<00:06:20.110> Locke 00:06:20.390 --> 00:06:20.400 align:start position:0% debating about forever Hume John Locke 00:06:20.400 --> 00:06:23.310 align:start position:0% debating about forever Hume John Locke Descartes<00:06:21.400> they've<00:06:22.150> kind<00:06:22.720> of<00:06:22.810> found<00:06:23.050> that 00:06:23.310 --> 00:06:23.320 align:start position:0% Descartes they've kind of found that 00:06:23.320 --> 00:06:26.249 align:start position:0% Descartes they've kind of found that there<00:06:23.740> really<00:06:23.860> is<00:06:24.099> no<00:06:24.400> core<00:06:24.970> atomic<00:06:25.539> unit<00:06:25.870> yet 00:06:26.249 --> 00:06:26.259 align:start position:0% there really is no core atomic unit yet 00:06:26.259 --> 00:06:29.969 align:start position:0% there really is no core atomic unit yet online<00:06:27.099> we<00:06:27.370> need<00:06:27.400> a<00:06:27.880> core<00:06:28.270> atomic<00:06:28.750> units<00:06:29.020> so 00:06:29.969 --> 00:06:29.979 align:start position:0% online we need a core atomic units so 00:06:29.979 --> 00:06:30.960 align:start position:0% online we need a core atomic units so that's<00:06:30.190> that's<00:06:30.400> kind<00:06:30.550> of<00:06:30.699> what<00:06:30.849> we're 00:06:30.960 --> 00:06:30.970 align:start position:0% that's that's kind of what we're 00:06:30.970 --> 00:06:33.330 align:start position:0% that's that's kind of what we're wrestling<00:06:31.120> with<00:06:31.360> so<00:06:31.659> if<00:06:32.110> you<00:06:32.229> imagine<00:06:32.349> all 00:06:33.330 --> 00:06:33.340 align:start position:0% wrestling with so if you imagine all 00:06:33.340 --> 00:06:36.659 align:start position:0% wrestling with so if you imagine all these<00:06:33.580> different<00:06:33.880> phases<00:06:34.000> of<00:06:35.460> identity<00:06:36.460> all 00:06:36.659 --> 00:06:36.669 align:start position:0% these different phases of identity all 00:06:36.669 --> 00:06:38.339 align:start position:0% these different phases of identity all these<00:06:36.820> different<00:06:37.090> spheres<00:06:37.450> of<00:06:37.539> influence<00:06:37.779> you 00:06:38.339 --> 00:06:38.349 align:start position:0% these different spheres of influence you 00:06:38.349 --> 00:06:40.590 align:start position:0% these different spheres of influence you have<00:06:38.710> they<00:06:39.010> just<00:06:39.039> enumerate 00:06:40.590 --> 00:06:40.600 align:start position:0% have they just enumerate 00:06:40.600 --> 00:06:43.230 align:start position:0% have they just enumerate and<00:06:40.950> they<00:06:41.950> come<00:06:42.400> together<00:06:42.550> and<00:06:42.760> they<00:06:42.850> overlap 00:06:43.230 --> 00:06:43.240 align:start position:0% and they come together and they overlap 00:06:43.240 --> 00:06:46.350 align:start position:0% and they come together and they overlap in<00:06:43.540> interesting<00:06:44.020> ways<00:06:44.050> they<00:06:44.830> form<00:06:45.160> you<00:06:45.850> and 00:06:46.350 --> 00:06:46.360 align:start position:0% in interesting ways they form you and 00:06:46.360 --> 00:06:48.420 align:start position:0% in interesting ways they form you and that's<00:06:46.990> his<00:06:47.230> unstructured<00:06:47.830> data<00:06:48.010> that<00:06:48.310> we're 00:06:48.420 --> 00:06:48.430 align:start position:0% that's his unstructured data that we're 00:06:48.430 --> 00:06:50.970 align:start position:0% that's his unstructured data that we're trying<00:06:48.730> to<00:06:48.880> put<00:06:49.060> in<00:06:49.180> tables<00:06:49.510> and<00:06:49.660> rows<00:06:49.980> and 00:06:50.970 --> 00:06:50.980 align:start position:0% trying to put in tables and rows and 00:06:50.980 --> 00:06:53.520 align:start position:0% trying to put in tables and rows and that's<00:06:51.190> a<00:06:52.030> way<00:06:52.420> I<00:06:52.450> like<00:06:52.570> to<00:06:52.930> think<00:06:52.960> about<00:06:53.260> this 00:06:53.520 --> 00:06:53.530 align:start position:0% that's a way I like to think about this 00:06:53.530 --> 00:06:56.370 align:start position:0% that's a way I like to think about this which<00:06:53.860> is<00:06:54.010> it's<00:06:54.310> a<00:06:54.430> hard<00:06:54.700> problem<00:06:54.970> to<00:06:55.180> solve 00:06:56.370 --> 00:06:56.380 align:start position:0% which is it's a hard problem to solve 00:06:56.380 --> 00:06:58.170 align:start position:0% which is it's a hard problem to solve start<00:06:57.040> from<00:06:57.130> the<00:06:57.280> individual<00:06:57.700> which<00:06:57.910> we<00:06:58.030> just 00:06:58.170 --> 00:06:58.180 align:start position:0% start from the individual which we just 00:06:58.180 --> 00:07:00.540 align:start position:0% start from the individual which we just kind<00:06:58.360> of<00:06:58.390> talked<00:06:58.570> about<00:06:58.660> and<00:06:58.990> move<00:06:59.500> out<00:06:59.740> words 00:07:00.540 --> 00:07:00.550 align:start position:0% kind of talked about and move out words 00:07:00.550 --> 00:07:02.550 align:start position:0% kind of talked about and move out words into<00:07:00.880> these<00:07:00.970> layers<00:07:01.210> of<00:07:01.420> abstraction<00:07:01.560> called 00:07:02.550 --> 00:07:02.560 align:start position:0% into these layers of abstraction called 00:07:02.560 --> 00:07:04.110 align:start position:0% into these layers of abstraction called social<00:07:03.070> digital<00:07:03.250> D<00:07:03.520> central<00:07:03.820> hopefully 00:07:04.110 --> 00:07:04.120 align:start position:0% social digital D central hopefully 00:07:04.120 --> 00:07:08.190 align:start position:0% social digital D central hopefully sovereign<00:07:04.620> so<00:07:05.620> socially<00:07:06.340> how<00:07:06.820> do<00:07:07.300> we<00:07:07.540> and<00:07:07.870> what 00:07:08.190 --> 00:07:08.200 align:start position:0% sovereign so socially how do we and what 00:07:08.200 --> 00:07:10.110 align:start position:0% sovereign so socially how do we and what happens<00:07:08.470> when<00:07:08.590> identities<00:07:09.100> interact<00:07:09.580> with 00:07:10.110 --> 00:07:10.120 align:start position:0% happens when identities interact with 00:07:10.120 --> 00:07:13.470 align:start position:0% happens when identities interact with each<00:07:10.270> other<00:07:10.450> regularly<00:07:10.840> well<00:07:11.410> I<00:07:11.650> think<00:07:12.480> this 00:07:13.470 --> 00:07:13.480 align:start position:0% each other regularly well I think this 00:07:13.480 --> 00:07:14.700 align:start position:0% each other regularly well I think this is<00:07:13.600> where<00:07:13.750> you<00:07:13.810> establish<00:07:13.960> something<00:07:14.590> like 00:07:14.700 --> 00:07:14.710 align:start position:0% is where you establish something like 00:07:14.710 --> 00:07:16.830 align:start position:0% is where you establish something like reputation<00:07:15.430> and<00:07:15.640> reputation<00:07:16.570> is<00:07:16.690> just 00:07:16.830 --> 00:07:16.840 align:start position:0% reputation and reputation is just 00:07:16.840 --> 00:07:19.320 align:start position:0% reputation and reputation is just identity<00:07:17.440> times<00:07:17.800> time<00:07:18.430> right<00:07:18.910> so<00:07:18.940> as<00:07:19.270> an 00:07:19.320 --> 00:07:19.330 align:start position:0% identity times time right so as an 00:07:19.330 --> 00:07:21.690 align:start position:0% identity times time right so as an identity<00:07:19.930> accrues<00:07:20.490> information<00:07:21.490> about 00:07:21.690 --> 00:07:21.700 align:start position:0% identity accrues information about 00:07:21.700 --> 00:07:24.600 align:start position:0% identity accrues information about itself<00:07:22.320> and<00:07:23.320> other<00:07:23.830> people<00:07:24.190> can<00:07:24.310> see<00:07:24.490> that 00:07:24.600 --> 00:07:24.610 align:start position:0% itself and other people can see that 00:07:24.610 --> 00:07:25.710 align:start position:0% itself and other people can see that information<00:07:24.850> they<00:07:25.210> can<00:07:25.330> make<00:07:25.420> judgments 00:07:25.710 --> 00:07:25.720 align:start position:0% information they can make judgments 00:07:25.720 --> 00:07:28.320 align:start position:0% information they can make judgments about<00:07:26.110> that<00:07:26.860> identity<00:07:27.460> and<00:07:27.730> that's<00:07:27.970> what<00:07:28.210> we 00:07:28.320 --> 00:07:28.330 align:start position:0% about that identity and that's what we 00:07:28.330 --> 00:07:32.010 align:start position:0% about that identity and that's what we call<00:07:28.510> reputation<00:07:29.700> so<00:07:30.700> that's<00:07:31.150> really<00:07:31.480> what<00:07:31.840> we 00:07:32.010 --> 00:07:32.020 align:start position:0% call reputation so that's really what we 00:07:32.020 --> 00:07:33.720 align:start position:0% call reputation so that's really what we care<00:07:32.320> about<00:07:32.350> when<00:07:32.890> we<00:07:33.040> talk<00:07:33.340> about<00:07:33.370> all<00:07:33.700> of 00:07:33.720 --> 00:07:33.730 align:start position:0% care about when we talk about all of 00:07:33.730 --> 00:07:36.210 align:start position:0% care about when we talk about all of this<00:07:33.970> identity<00:07:34.150> I<00:07:34.690> know<00:07:34.840> that<00:07:35.110> you<00:07:35.710> port<00:07:35.950> isn't 00:07:36.210 --> 00:07:36.220 align:start position:0% this identity I know that you port isn't 00:07:36.220 --> 00:07:39.450 align:start position:0% this identity I know that you port isn't explicitly<00:07:36.940> a<00:07:37.300> reputation<00:07:38.170> system<00:07:38.920> but 00:07:39.450 --> 00:07:39.460 align:start position:0% explicitly a reputation system but 00:07:39.460 --> 00:07:42.480 align:start position:0% explicitly a reputation system but having<00:07:40.180> an<00:07:40.300> identity<00:07:40.740> the<00:07:41.740> reason<00:07:42.100> you<00:07:42.220> want 00:07:42.480 --> 00:07:42.490 align:start position:0% having an identity the reason you want 00:07:42.490 --> 00:07:44.520 align:start position:0% having an identity the reason you want one<00:07:42.700> is<00:07:42.910> so<00:07:43.120> that<00:07:43.270> you<00:07:43.390> can<00:07:43.600> get<00:07:43.810> a<00:07:44.080> reputation 00:07:44.520 --> 00:07:44.530 align:start position:0% one is so that you can get a reputation 00:07:44.530 --> 00:07:46.470 align:start position:0% one is so that you can get a reputation and<00:07:45.010> you<00:07:45.340> could<00:07:45.490> do<00:07:45.670> something<00:07:46.120> with<00:07:46.210> it<00:07:46.270> you 00:07:46.470 --> 00:07:46.480 align:start position:0% and you could do something with it you 00:07:46.480 --> 00:07:48.720 align:start position:0% and you could do something with it you can<00:07:46.630> leverage<00:07:46.840> it<00:07:47.110> so<00:07:47.800> we<00:07:48.340> care<00:07:48.610> about 00:07:48.720 --> 00:07:48.730 align:start position:0% can leverage it so we care about 00:07:48.730 --> 00:07:51.090 align:start position:0% can leverage it so we care about identities<00:07:49.390> insofar<00:07:49.960> as<00:07:50.500> that<00:07:50.890> we<00:07:50.980> can 00:07:51.090 --> 00:07:51.100 align:start position:0% identities insofar as that we can 00:07:51.100 --> 00:07:53.100 align:start position:0% identities insofar as that we can predict<00:07:51.460> their<00:07:51.820> future<00:07:52.300> behavior<00:07:52.450> whatever 00:07:53.100 --> 00:07:53.110 align:start position:0% predict their future behavior whatever 00:07:53.110 --> 00:07:55.710 align:start position:0% predict their future behavior whatever information<00:07:53.860> helps<00:07:54.850> us<00:07:55.000> predict<00:07:55.390> their 00:07:55.710 --> 00:07:55.720 align:start position:0% information helps us predict their 00:07:55.720 --> 00:07:58.230 align:start position:0% information helps us predict their future<00:07:56.080> behavior<00:07:56.280> becomes<00:07:57.280> reputation<00:07:57.910> and 00:07:58.230 --> 00:07:58.240 align:start position:0% future behavior becomes reputation and 00:07:58.240 --> 00:07:59.940 align:start position:0% future behavior becomes reputation and that's<00:07:58.420> what<00:07:58.780> people<00:07:59.080> want<00:07:59.410> to<00:07:59.530> leverage<00:07:59.710> and 00:07:59.940 --> 00:07:59.950 align:start position:0% that's what people want to leverage and 00:07:59.950 --> 00:08:00.750 align:start position:0% that's what people want to leverage and that's<00:08:00.070> what<00:08:00.190> we<00:08:00.280> need<00:08:00.400> to<00:08:00.490> give<00:08:00.610> them<00:08:00.670> the 00:08:00.750 --> 00:08:00.760 align:start position:0% that's what we need to give them the 00:08:00.760 --> 00:08:04.910 align:start position:0% that's what we need to give them the ability<00:08:00.880> to<00:08:01.360> control<00:08:01.840> that<00:08:02.140> information<00:08:02.920> set 00:08:04.910 --> 00:08:04.920 align:start position:0% ability to control that information set 00:08:04.920 --> 00:08:09.500 align:start position:0% ability to control that information set let's<00:08:05.920> see<00:08:06.070> what's<00:08:06.220> next<00:08:06.280> so<00:08:06.880> this<00:08:07.690> applies<00:08:08.080> to 00:08:09.500 --> 00:08:09.510 align:start position:0% let's see what's next so this applies to 00:08:09.510 --> 00:08:12.480 align:start position:0% let's see what's next so this applies to crypto<00:08:10.510> blockchain<00:08:11.260> because<00:08:11.950> it's 00:08:12.480 --> 00:08:12.490 align:start position:0% crypto blockchain because it's 00:08:12.490 --> 00:08:14.340 align:start position:0% crypto blockchain because it's fundamentally<00:08:12.730> a<00:08:13.180> peer-to-peer<00:08:13.540> technology 00:08:14.340 --> 00:08:14.350 align:start position:0% fundamentally a peer-to-peer technology 00:08:14.350 --> 00:08:16.530 align:start position:0% fundamentally a peer-to-peer technology you<00:08:14.650> have<00:08:14.830> identities<00:08:15.580> interacting<00:08:16.450> with 00:08:16.530 --> 00:08:16.540 align:start position:0% you have identities interacting with 00:08:16.540 --> 00:08:18.630 align:start position:0% you have identities interacting with each<00:08:16.570> other<00:08:16.780> if<00:08:17.080> you<00:08:17.380> didn't<00:08:17.740> then<00:08:18.310> there'd<00:08:18.580> be 00:08:18.630 --> 00:08:18.640 align:start position:0% each other if you didn't then there'd be 00:08:18.640 --> 00:08:22.920 align:start position:0% each other if you didn't then there'd be no<00:08:18.700> reason<00:08:18.940> for<00:08:19.180> this<00:08:19.300> to<00:08:19.540> exist<00:08:20.200> now<00:08:21.930> Bitcoin 00:08:22.920 --> 00:08:22.930 align:start position:0% no reason for this to exist now Bitcoin 00:08:22.930 --> 00:08:25.320 align:start position:0% no reason for this to exist now Bitcoin I'll<00:08:23.590> talk<00:08:23.830> a<00:08:23.860> little<00:08:23.980> bit<00:08:24.280> more<00:08:24.310> about<00:08:24.670> what 00:08:25.320 --> 00:08:25.330 align:start position:0% I'll talk a little bit more about what 00:08:25.330 --> 00:08:27.840 align:start position:0% I'll talk a little bit more about what it<00:08:25.450> did<00:08:25.720> for<00:08:25.930> this<00:08:26.230> problem<00:08:26.500> later<00:08:26.860> but<00:08:27.610> it's 00:08:27.840 --> 00:08:27.850 align:start position:0% it did for this problem later but it's 00:08:27.850 --> 00:08:31.890 align:start position:0% it did for this problem later but it's only<00:08:28.090> one<00:08:28.540> half<00:08:29.470> of<00:08:29.830> an<00:08:30.250> economic<00:08:30.910> trade<00:08:31.570> right 00:08:31.890 --> 00:08:31.900 align:start position:0% only one half of an economic trade right 00:08:31.900 --> 00:08:34.589 align:start position:0% only one half of an economic trade right it's<00:08:32.320> one<00:08:32.710> of<00:08:32.830> the<00:08:32.919> assets<00:08:33.340> you<00:08:33.610> want<00:08:34.240> you<00:08:34.450> want 00:08:34.589 --> 00:08:34.599 align:start position:0% it's one of the assets you want you want 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mediated by some<00:08:41.979> reputation<00:08:42.760> and<00:08:42.969> Trust<00:08:43.390> to<00:08:43.719> perform<00:08:44.320> the 00:08:44.550 --> 00:08:44.560 align:start position:0% some reputation and Trust to perform the 00:08:44.560 --> 00:08:46.650 align:start position:0% some reputation and Trust to perform the full<00:08:44.800> action<00:08:45.190> of<00:08:45.790> giving<00:08:46.090> somebody<00:08:46.270> bitcoin 00:08:46.650 --> 00:08:46.660 align:start position:0% full action of giving somebody bitcoin 00:08:46.660 --> 00:08:48.390 align:start position:0% full action of giving somebody bitcoin and<00:08:46.810> getting<00:08:47.170> whatever<00:08:47.440> it<00:08:47.560> is<00:08:47.680> you<00:08:47.980> want<00:08:48.220> from 00:08:48.390 --> 00:08:48.400 align:start position:0% and getting whatever it is you want from 00:08:48.400 --> 00:08:51.540 align:start position:0% and getting whatever it is you want from it<00:08:48.580> so<00:08:49.560> probably<00:08:50.560> seen<00:08:50.710> this<00:08:50.800> movie<00:08:51.100> Indiana 00:08:51.540 --> 00:08:51.550 align:start position:0% it so probably seen this movie Indiana 00:08:51.550 --> 00:08:54.310 align:start position:0% it so probably seen this movie Indiana Jones<00:08:51.820> he's<00:08:52.750> trying<00:08:53.110> to<00:08:53.530> do<00:08:53.710> what<00:08:54.070> I 00:08:54.310 --> 00:08:54.320 align:start position:0% Jones he's trying to do what I 00:08:54.320 --> 00:08:56.170 align:start position:0% Jones he's trying to do what I essentially<00:08:54.710> would<00:08:54.830> call<00:08:55.010> an<00:08:55.220> atomic<00:08:55.610> swap<00:08:55.910> in 00:08:56.170 --> 00:08:56.180 align:start position:0% essentially would call an atomic swap in 00:08:56.180 --> 00:09:02.230 align:start position:0% essentially would call an atomic swap in the<00:08:56.510> real<00:08:56.630> world<00:08:58.570> but<00:09:00.130> there<00:09:01.130> are<00:09:01.340> no<00:09:01.640> atomic 00:09:02.230 --> 00:09:02.240 align:start position:0% the real world but there are no atomic 00:09:02.240 --> 00:09:05.260 align:start position:0% the real world but there are no atomic swaps<00:09:02.630> in<00:09:03.140> real<00:09:03.440> life<00:09:03.590> right<00:09:04.010> you<00:09:04.610> see<00:09:05.000> it<00:09:05.090> all 00:09:05.260 --> 00:09:05.270 align:start position:0% swaps in real life right you see it all 00:09:05.270 --> 00:09:07.270 align:start position:0% swaps in real life right you see it all the<00:09:05.420> time<00:09:05.600> and<00:09:05.810> something<00:09:05.990> like<00:09:06.250> like<00:09:07.250> a 00:09:07.270 --> 00:09:07.280 align:start position:0% the time and something like like a 00:09:07.280 --> 00:09:10.420 align:start position:0% the time and something like like a imagine<00:09:07.910> a<00:09:07.970> prisoner<00:09:08.390> swap<00:09:08.860> the<00:09:09.860> reason<00:09:10.310> that 00:09:10.420 --> 00:09:10.430 align:start position:0% imagine a prisoner swap the reason that 00:09:10.430 --> 00:09:12.550 align:start position:0% imagine a prisoner swap the reason that there's<00:09:10.580> so<00:09:10.820> much<00:09:11.030> overhead<00:09:11.510> there<00:09:11.960> and<00:09:12.200> all 00:09:12.550 --> 00:09:12.560 align:start position:0% there's so much overhead there and all 00:09:12.560 --> 00:09:14.470 align:start position:0% there's so much overhead there and all of<00:09:12.740> these<00:09:12.830> contingency<00:09:13.550> plans<00:09:13.820> are<00:09:14.060> made<00:09:14.180> it's 00:09:14.470 --> 00:09:14.480 align:start position:0% of these contingency plans are made it's 00:09:14.480 --> 00:09:17.320 align:start position:0% of these contingency plans are made it's because<00:09:14.720> both<00:09:15.440> parties<00:09:15.860> can't<00:09:16.670> guarantee 00:09:17.320 --> 00:09:17.330 align:start position:0% because both parties can't guarantee 00:09:17.330 --> 00:09:19.270 align:start position:0% because both parties can't guarantee that<00:09:17.360> both<00:09:17.720> things<00:09:17.960> happen<00:09:18.380> at<00:09:18.710> the<00:09:18.770> same<00:09:19.040> time 00:09:19.270 --> 00:09:19.280 align:start position:0% that both things happen at the same time 00:09:19.280 --> 00:09:22.150 align:start position:0% that both things happen at the same time right<00:09:19.610> and<00:09:20.030> when<00:09:20.840> you<00:09:21.230> can't<00:09:21.530> guarantee<00:09:22.010> this 00:09:22.150 --> 00:09:22.160 align:start position:0% right and when you can't guarantee this 00:09:22.160 --> 00:09:25.270 align:start position:0% right and when you can't guarantee this because<00:09:22.670> it's<00:09:22.820> not<00:09:22.970> code<00:09:23.380> in<00:09:24.380> the<00:09:24.860> real<00:09:25.040> world 00:09:25.270 --> 00:09:25.280 align:start position:0% because it's not code in the real world 00:09:25.280 --> 00:09:27.670 align:start position:0% because it's not code in the real world you<00:09:26.090> have<00:09:26.120> to<00:09:26.570> have<00:09:26.720> trust<00:09:27.020> to<00:09:27.260> that<00:09:27.290> trust<00:09:27.590> is 00:09:27.670 --> 00:09:27.680 align:start position:0% you have to have trust to that trust is 00:09:27.680 --> 00:09:29.080 align:start position:0% you have to have trust to that trust is based<00:09:27.890> on<00:09:28.040> the<00:09:28.100> reputation<00:09:28.340> so<00:09:28.730> you<00:09:28.820> care 00:09:29.080 --> 00:09:29.090 align:start position:0% based on the reputation so you care 00:09:29.090 --> 00:09:30.670 align:start position:0% based on the reputation so you care about<00:09:29.300> who<00:09:29.480> you're<00:09:29.690> interacting<00:09:29.990> with<00:09:30.290> so<00:09:30.560> if 00:09:30.670 --> 00:09:30.680 align:start position:0% about who you're interacting with so if 00:09:30.680 --> 00:09:33.370 align:start position:0% about who you're interacting with so if you're<00:09:30.800> buying<00:09:31.240> mangoes<00:09:32.240> on<00:09:32.570> using 00:09:33.370 --> 00:09:33.380 align:start position:0% you're buying mangoes on using 00:09:33.380 --> 00:09:36.730 align:start position:0% you're buying mangoes on using blockchain<00:09:33.980> right<00:09:35.020> there's<00:09:36.020> you<00:09:36.380> haven't 00:09:36.730 --> 00:09:36.740 align:start position:0% blockchain right there's you haven't 00:09:36.740 --> 00:09:38.380 align:start position:0% blockchain right there's you haven't solved<00:09:37.160> the<00:09:37.220> trust<00:09:37.490> problem<00:09:37.850> by<00:09:37.970> just<00:09:38.180> using 00:09:38.380 --> 00:09:38.390 align:start position:0% solved the trust problem by just using 00:09:38.390 --> 00:09:40.570 align:start position:0% solved the trust problem by just using blockchain<00:09:38.990> you've<00:09:39.140> moved<00:09:39.320> it<00:09:39.590> you've<00:09:40.010> had 00:09:40.570 --> 00:09:40.580 align:start position:0% blockchain you've moved it you've had 00:09:40.580 --> 00:09:43.090 align:start position:0% blockchain you've moved it you've had other<00:09:40.730> places<00:09:41.240> you've<00:09:41.630> made<00:09:41.840> it<00:09:41.960> but<00:09:42.530> and<00:09:42.740> and 00:09:43.090 --> 00:09:43.100 align:start position:0% other places you've made it but and and 00:09:43.100 --> 00:09:44.410 align:start position:0% other places you've made it but and and you<00:09:43.250> still<00:09:43.610> haven't<00:09:43.790> solved<00:09:44.120> the<00:09:44.150> trust 00:09:44.410 --> 00:09:44.420 align:start position:0% you still haven't solved the trust 00:09:44.420 --> 00:09:46.270 align:start position:0% you still haven't solved the trust problem<00:09:44.600> in<00:09:44.840> the<00:09:44.930> actual<00:09:45.200> physical<00:09:45.680> moving<00:09:46.160> of 00:09:46.270 --> 00:09:46.280 align:start position:0% problem in the actual physical moving of 00:09:46.280 --> 00:09:47.890 align:start position:0% problem in the actual physical moving of the<00:09:46.310> goods<00:09:46.580> between<00:09:46.850> participants<00:09:47.630> maybe 00:09:47.890 --> 00:09:47.900 align:start position:0% the goods between participants maybe 00:09:47.900 --> 00:09:49.870 align:start position:0% the goods between participants maybe there's<00:09:48.110> some<00:09:48.320> like<00:09:48.920> Cena<00:09:49.280> was<00:09:49.460> talking<00:09:49.850> about 00:09:49.870 --> 00:09:49.880 align:start position:0% there's some like Cena was talking about 00:09:49.880 --> 00:09:51.820 align:start position:0% there's some like Cena was talking about way<00:09:50.540> to<00:09:50.600> state<00:09:50.900> your<00:09:51.050> reputation<00:09:51.290> and<00:09:51.710> use 00:09:51.820 --> 00:09:51.830 align:start position:0% way to state your reputation and use 00:09:51.830 --> 00:09:53.440 align:start position:0% way to state your reputation and use some<00:09:52.010> game<00:09:52.190> theoretical<00:09:52.790> concepts<00:09:53.240> to 00:09:53.440 --> 00:09:53.450 align:start position:0% some game theoretical concepts to 00:09:53.450 --> 00:09:55.950 align:start position:0% some game theoretical concepts to enforce<00:09:53.930> these<00:09:54.140> things<00:09:54.380> over<00:09:54.530> time<00:09:54.770> but 00:09:55.950 --> 00:09:55.960 align:start position:0% enforce these things over time but 00:09:55.960 --> 00:09:58.330 align:start position:0% enforce these things over time but that's<00:09:56.960> a<00:09:57.140> probabilistic<00:09:57.590> approach<00:09:58.100> still 00:09:58.330 --> 00:09:58.340 align:start position:0% that's a probabilistic approach still 00:09:58.340 --> 00:09:59.740 align:start position:0% that's a probabilistic approach still you're<00:09:58.610> still<00:09:58.820> trusting<00:09:59.240> that<00:09:59.270> people<00:09:59.600> will 00:09:59.740 --> 00:09:59.750 align:start position:0% you're still trusting that people will 00:09:59.750 --> 00:10:03.760 align:start position:0% you're still trusting that people will care<00:10:00.050> about<00:10:00.740> those<00:10:01.010> things<00:10:02.380> so<00:10:03.380> the<00:10:03.530> role<00:10:03.740> of 00:10:03.760 --> 00:10:03.770 align:start position:0% care about those things so the role of 00:10:03.770 --> 00:10:05.470 align:start position:0% care about those things so the role of identity<00:10:04.310> is<00:10:04.400> often<00:10:04.670> overlooked<00:10:05.180> when<00:10:05.360> we 00:10:05.470 --> 00:10:05.480 align:start position:0% identity is often overlooked when we 00:10:05.480 --> 00:10:08.020 align:start position:0% identity is often overlooked when we think<00:10:05.630> about<00:10:05.990> the<00:10:06.170> mechanics<00:10:06.290> of<00:10:06.620> trade<00:10:07.030> and 00:10:08.020 --> 00:10:08.030 align:start position:0% think about the mechanics of trade and 00:10:08.030 --> 00:10:10.600 align:start position:0% think about the mechanics of trade and that's<00:10:08.330> I<00:10:08.660> think<00:10:08.750> kind<00:10:09.560> of<00:10:09.650> the<00:10:09.950> reason<00:10:10.430> why 00:10:10.600 --> 00:10:10.610 align:start position:0% that's I think kind of the reason why 00:10:10.610 --> 00:10:12.640 align:start position:0% that's I think kind of the reason why identity<00:10:11.270> is<00:10:11.360> important<00:10:11.750> in<00:10:11.840> this<00:10:11.930> space<00:10:12.200> so 00:10:12.640 --> 00:10:12.650 align:start position:0% identity is important in this space so 00:10:12.650 --> 00:10:15.360 align:start position:0% identity is important in this space so everything<00:10:13.400> is<00:10:13.490> reputation<00:10:13.760> in<00:10:14.270> my<00:10:14.840> opinion 00:10:15.360 --> 00:10:15.370 align:start position:0% everything is reputation in my opinion 00:10:15.370 --> 00:10:18.880 align:start position:0% everything is reputation in my opinion and<00:10:16.600> reputation<00:10:17.600> is<00:10:17.780> trust<00:10:18.470> that's<00:10:18.710> what 00:10:18.880 --> 00:10:18.890 align:start position:0% and reputation is trust that's what 00:10:18.890 --> 00:10:22.990 align:start position:0% and reputation is trust that's what gives<00:10:19.190> rise<00:10:19.310> to<00:10:19.520> trust<00:10:20.480> and<00:10:21.140> so<00:10:21.800> I<00:10:22.070> have<00:10:22.850> this 00:10:22.990 --> 00:10:23.000 align:start position:0% gives rise to trust and so I have this 00:10:23.000 --> 00:10:25.240 align:start position:0% gives rise to trust and so I have this really<00:10:23.450> this<00:10:23.900> addition<00:10:24.410> this<00:10:24.710> is<00:10:24.890> supposed<00:10:25.190> to 00:10:25.240 --> 00:10:25.250 align:start position:0% really this addition this is supposed to 00:10:25.250 --> 00:10:27.670 align:start position:0% really this addition this is supposed to encapsulate<00:10:25.640> just<00:10:26.360> how<00:10:26.480> hard<00:10:26.780> the<00:10:27.080> problem<00:10:27.230> is 00:10:27.670 --> 00:10:27.680 align:start position:0% encapsulate just how hard the problem is 00:10:27.680 --> 00:10:31.660 align:start position:0% encapsulate just how hard the problem is and<00:10:28.310> it's<00:10:29.120> this<00:10:29.510> crazy<00:10:30.170> word<00:10:31.040> vomit<00:10:31.310> of<00:10:31.610> a 00:10:31.660 --> 00:10:31.670 align:start position:0% and it's this crazy word vomit of a 00:10:31.670 --> 00:10:32.910 align:start position:0% and it's this crazy word vomit of a sentence<00:10:32.060> that<00:10:32.330> kind<00:10:32.570> of<00:10:32.630> illustrates 00:10:32.910 --> 00:10:32.920 align:start position:0% sentence that kind of illustrates 00:10:32.920 --> 00:10:36.340 align:start position:0% sentence that kind of illustrates exactly<00:10:33.920> what<00:10:34.670> we're<00:10:35.450> dealing<00:10:35.780> with<00:10:35.990> and<00:10:36.110> then 00:10:36.340 --> 00:10:36.350 align:start position:0% exactly what we're dealing with and then 00:10:36.350 --> 00:10:37.810 align:start position:0% exactly what we're dealing with and then we'll<00:10:36.440> move<00:10:36.560> into<00:10:36.710> some<00:10:37.490> of<00:10:37.580> the<00:10:37.670> more 00:10:37.810 --> 00:10:37.820 align:start position:0% we'll move into some of the more 00:10:37.820 --> 00:10:41.500 align:start position:0% we'll move into some of the more tangible<00:10:38.510> things<00:10:38.780> after<00:10:39.140> this<00:10:39.310> so<00:10:40.510> identity 00:10:41.500 --> 00:10:41.510 align:start position:0% tangible things after this so identity 00:10:41.510 --> 00:10:44.770 align:start position:0% tangible things after this so identity is<00:10:41.960> this<00:10:42.170> amorphous<00:10:43.210> contextual<00:10:44.210> dynamic 00:10:44.770 --> 00:10:44.780 align:start position:0% is this amorphous contextual dynamic 00:10:44.780 --> 00:10:46.660 align:start position:0% is this amorphous contextual dynamic property<00:10:45.230> that<00:10:45.860> interacts<00:10:46.310> with<00:10:46.520> other 00:10:46.660 --> 00:10:46.670 align:start position:0% property that interacts with other 00:10:46.670 --> 00:10:48.430 align:start position:0% property that interacts with other identities<00:10:47.210> to<00:10:47.450> give<00:10:47.540> rise<00:10:47.750> to<00:10:47.780> a<00:10:48.080> sea<00:10:48.320> of 00:10:48.430 --> 00:10:48.440 align:start position:0% identities to give rise to a sea of 00:10:48.440 --> 00:10:50.400 align:start position:0% identities to give rise to a sea of probabilities<00:10:49.100> that<00:10:49.460> we<00:10:49.550> refer<00:10:49.850> to<00:10:49.880> as 00:10:50.400 --> 00:10:50.410 align:start position:0% probabilities that we refer to as 00:10:50.410 --> 00:10:54.460 align:start position:0% probabilities that we refer to as reputation<00:10:51.410> and<00:10:52.810> when<00:10:53.810> an<00:10:53.930> interaction 00:10:54.460 --> 00:10:54.470 align:start position:0% reputation and when an interaction 00:10:54.470 --> 00:10:57.970 align:start position:0% reputation and when an interaction happens<00:10:55.300> an<00:10:56.380> exchange<00:10:57.380> of<00:10:57.470> reputational 00:10:57.970 --> 00:10:57.980 align:start position:0% happens an exchange of reputational 00:10:57.980 --> 00:10:59.410 align:start position:0% happens an exchange of reputational information<00:10:58.430> occurs<00:10:58.640> the<00:10:58.880> result<00:10:59.150> of<00:10:59.270> which 00:10:59.410 --> 00:10:59.420 align:start position:0% information occurs the result of which 00:10:59.420 --> 00:11:00.760 align:start position:0% information occurs the result of which is<00:10:59.630> some<00:10:59.780> amount<00:11:00.020> to<00:11:00.200> trust<00:11:00.440> between<00:11:00.590> the 00:11:00.760 --> 00:11:00.770 align:start position:0% is some amount to trust between the 00:11:00.770 --> 00:11:01.960 align:start position:0% is some amount to trust between the participants<00:11:01.340> that<00:11:01.430> determines<00:11:01.790> the<00:11:01.820> amount 00:11:01.960 --> 00:11:01.970 align:start position:0% participants that determines the amount 00:11:01.970 --> 00:11:03.520 align:start position:0% participants that determines the amount of<00:11:02.210> friction<00:11:02.360> that<00:11:02.660> needs<00:11:02.960> to<00:11:03.050> be<00:11:03.080> added<00:11:03.440> to 00:11:03.520 --> 00:11:03.530 align:start position:0% of friction that needs to be added to 00:11:03.530 --> 00:11:07.060 align:start position:0% of friction that needs to be added to this<00:11:03.680> interaction<00:11:04.280> for<00:11:04.580> it<00:11:04.640> to<00:11:04.730> be<00:11:04.880> successful 00:11:07.060 --> 00:11:07.070 align:start position:0% this interaction for it to be successful 00:11:07.070 --> 00:11:10.150 align:start position:0% this interaction for it to be successful is<00:11:07.310> what<00:11:08.060> that<00:11:08.540> all<00:11:08.840> meant<00:11:09.290> those<00:11:09.680> previous 00:11:10.150 --> 00:11:10.160 align:start position:0% is what that all meant those previous 00:11:10.160 --> 00:11:14.740 align:start position:0% is what that all meant those previous slides<00:11:10.660> but<00:11:11.660> this<00:11:12.050> is<00:11:12.230> really<00:11:13.220> hard<00:11:13.850> to<00:11:14.150> put 00:11:14.740 --> 00:11:14.750 align:start position:0% slides but this is really hard to put 00:11:14.750 --> 00:11:19.390 align:start position:0% slides but this is really hard to put into<00:11:14.990> computers<00:11:16.360> so<00:11:17.800> that's<00:11:18.800> the<00:11:18.950> problem<00:11:19.190> and 00:11:19.390 --> 00:11:19.400 align:start position:0% into computers so that's the problem and 00:11:19.400 --> 00:11:22.090 align:start position:0% into computers so that's the problem and what<00:11:19.550> is<00:11:19.640> it<00:11:19.790> like<00:11:20.510> to<00:11:20.870> be<00:11:21.020> online<00:11:21.230> what's<00:11:21.890> the 00:11:22.090 --> 00:11:22.100 align:start position:0% what is it like to be online what's the 00:11:22.100 --> 00:11:24.250 align:start position:0% what is it like to be online what's the state<00:11:22.520> of<00:11:22.550> this<00:11:22.910> problem<00:11:23.390> as<00:11:23.540> it<00:11:23.780> exists<00:11:24.170> today 00:11:24.250 --> 00:11:24.260 align:start position:0% state of this problem as it exists today 00:11:24.260 --> 00:11:26.110 align:start position:0% state of this problem as it exists today especially<00:11:25.160> digitally<00:11:25.790> where<00:11:25.970> these 00:11:26.110 --> 00:11:26.120 align:start position:0% especially digitally where these 00:11:26.120 --> 00:11:28.290 align:start position:0% especially digitally where these problems<00:11:26.510> manifest<00:11:27.050> themselves<00:11:27.230> most<00:11:27.680> often 00:11:28.290 --> 00:11:28.300 align:start position:0% problems manifest themselves most often 00:11:28.300 --> 00:11:31.660 align:start position:0% problems manifest themselves most often well<00:11:29.300> we<00:11:29.390> know<00:11:29.540> these<00:11:29.780> companies<00:11:30.640> they<00:11:31.640> are 00:11:31.660 --> 00:11:31.670 align:start position:0% well we know these companies they are 00:11:31.670 --> 00:11:36.430 align:start position:0% well we know these companies they are our<00:11:32.270> overlords<00:11:32.870> and<00:11:33.250> among<00:11:34.250> others<00:11:34.960> and<00:11:35.960> their 00:11:36.430 --> 00:11:36.440 align:start position:0% our overlords and among others and their 00:11:36.440 --> 00:11:38.890 align:start position:0% our overlords and among others and their information<00:11:37.310> is<00:11:37.640> siloed<00:11:38.030> we<00:11:38.390> know<00:11:38.540> this<00:11:38.690> this 00:11:38.890 --> 00:11:38.900 align:start position:0% information is siloed we know this this 00:11:38.900 --> 00:11:40.270 align:start position:0% information is siloed we know this this is<00:11:38.960> why<00:11:39.200> we're<00:11:39.380> probably<00:11:39.620> all<00:11:39.890> sitting<00:11:40.250> here 00:11:40.270 --> 00:11:40.280 align:start position:0% is why we're probably all sitting here 00:11:40.280 --> 00:11:41.740 align:start position:0% is why we're probably all sitting here is<00:11:40.460> because<00:11:40.490> this<00:11:41.060> is<00:11:41.210> the<00:11:41.300> problem<00:11:41.600> that<00:11:41.630> we 00:11:41.740 --> 00:11:41.750 align:start position:0% is because this is the problem that we 00:11:41.750 --> 00:11:46.630 align:start position:0% is because this is the problem that we think<00:11:42.020> about<00:11:42.110> a<00:11:42.260> lot<00:11:43.870> they<00:11:44.870> have<00:11:45.800> made<00:11:46.160> some 00:11:46.630 --> 00:11:46.640 align:start position:0% think about a lot they have made some 00:11:46.640 --> 00:11:49.330 align:start position:0% think about a lot they have made some the<00:11:46.670> thing<00:11:47.420> that<00:11:47.660> is<00:11:47.810> interesting<00:11:48.380> about<00:11:49.040> what 00:11:49.330 --> 00:11:49.340 align:start position:0% the thing that is interesting about what 00:11:49.340 --> 00:11:52.720 align:start position:0% the thing that is interesting about what they've<00:11:49.490> done<00:11:49.700> is<00:11:50.680> they've<00:11:51.680> made<00:11:51.710> it<00:11:52.100> easy<00:11:52.430> in 00:11:52.720 --> 00:11:52.730 align:start position:0% they've done is they've made it easy in 00:11:52.730 --> 00:11:54.100 align:start position:0% they've done is they've made it easy in some<00:11:53.030> regards<00:11:53.360> they've<00:11:53.450> created<00:11:53.810> an 00:11:54.100 --> 00:11:54.110 align:start position:0% some regards they've created an 00:11:54.110 --> 00:11:57.700 align:start position:0% some regards they've created an incredible<00:11:54.560> user<00:11:55.250> experience<00:11:56.060> on<00:11:56.540> the<00:11:57.380> front 00:11:57.700 --> 00:11:57.710 align:start position:0% incredible user experience on the front 00:11:57.710 --> 00:12:00.690 align:start position:0% incredible user experience on the front end<00:11:57.920> of<00:11:58.100> the<00:11:58.220> experience<00:11:58.670> it's<00:11:59.030> the<00:11:59.300> long-term 00:12:00.690 --> 00:12:00.700 align:start position:0% end of the experience it's the long-term 00:12:00.700 --> 00:12:03.760 align:start position:0% end of the experience it's the long-term consequences<00:12:02.110> the<00:12:03.110> externalized 00:12:03.760 --> 00:12:03.770 align:start position:0% consequences the externalized 00:12:03.770 --> 00:12:06.250 align:start position:0% consequences the externalized consequences<00:12:04.610> from<00:12:05.360> these<00:12:05.570> actions<00:12:05.780> upfront 00:12:06.250 --> 00:12:06.260 align:start position:0% consequences from these actions upfront 00:12:06.260 --> 00:12:09.610 align:start position:0% consequences from these actions upfront therefore<00:12:06.710> from<00:12:06.860> that<00:12:06.920> good<00:12:07.280> UX<00:12:07.670> that<00:12:08.350> is<00:12:09.350> the 00:12:09.610 --> 00:12:09.620 align:start position:0% therefore from that good UX that is the 00:12:09.620 --> 00:12:13.740 align:start position:0% therefore from that good UX that is the problem<00:12:10.010> so<00:12:10.490> how<00:12:10.670> do<00:12:10.730> we<00:12:11.800> keep<00:12:12.800> that<00:12:12.860> good<00:12:13.370> part 00:12:13.740 --> 00:12:13.750 align:start position:0% problem so how do we keep that good part 00:12:13.750 --> 00:12:18.870 align:start position:0% problem so how do we keep that good part but<00:12:14.750> solve<00:12:15.050> the<00:12:15.860> long-term<00:12:16.250> consequences<00:12:16.930> I 00:12:18.870 --> 00:12:18.880 align:start position:0% but solve the long-term consequences I 00:12:18.880 --> 00:12:21.250 align:start position:0% but solve the long-term consequences I wanted<00:12:19.880> to<00:12:19.940> point<00:12:20.090> out<00:12:20.270> that<00:12:20.300> when<00:12:20.990> we<00:12:21.080> talked 00:12:21.250 --> 00:12:21.260 align:start position:0% wanted to point out that when we talked 00:12:21.260 --> 00:12:22.330 align:start position:0% wanted to point out that when we talked about<00:12:21.320> like<00:12:21.560> something<00:12:21.710> like<00:12:21.890> Facebook<00:12:22.280> and 00:12:22.330 --> 00:12:22.340 align:start position:0% about like something like Facebook and 00:12:22.340 --> 00:12:23.920 align:start position:0% about like something like Facebook and what<00:12:22.490> their<00:12:22.610> business<00:12:22.730> model<00:12:23.150> is<00:12:23.300> I<00:12:23.480> think 00:12:23.920 --> 00:12:23.930 align:start position:0% what their business model is I think 00:12:23.930 --> 00:12:26.250 align:start position:0% what their business model is I think what<00:12:24.650> their<00:12:24.800> business<00:12:24.950> model<00:12:25.310> is<00:12:25.460> is 00:12:26.250 --> 00:12:26.260 align:start position:0% what their business model is is 00:12:26.260 --> 00:12:28.900 align:start position:0% what their business model is is reputation<00:12:27.260> as<00:12:27.680> you<00:12:28.070> do<00:12:28.280> more<00:12:28.520> things<00:12:28.700> on 00:12:28.900 --> 00:12:28.910 align:start position:0% reputation as you do more things on 00:12:28.910 --> 00:12:30.820 align:start position:0% reputation as you do more things on Facebook<00:12:29.300> your<00:12:29.840> reputation<00:12:30.170> your<00:12:30.530> history 00:12:30.820 --> 00:12:30.830 align:start position:0% Facebook your reputation your history 00:12:30.830 --> 00:12:32.920 align:start position:0% Facebook your reputation your history goes<00:12:31.010> up<00:12:31.190> on<00:12:31.340> Facebook<00:12:31.730> and<00:12:31.940> the<00:12:32.480> switching 00:12:32.920 --> 00:12:32.930 align:start position:0% goes up on Facebook and the switching 00:12:32.930 --> 00:12:35.200 align:start position:0% goes up on Facebook and the switching cost<00:12:33.110> then<00:12:33.560> goes<00:12:34.040> up<00:12:34.250> it<00:12:34.490> makes<00:12:34.670> it<00:12:34.820> harder<00:12:35.180> to 00:12:35.200 --> 00:12:35.210 align:start position:0% cost then goes up it makes it harder to 00:12:35.210 --> 00:12:37.210 align:start position:0% cost then goes up it makes it harder to choose<00:12:35.630> a<00:12:35.660> different<00:12:36.020> platform<00:12:36.440> and<00:12:36.860> that's 00:12:37.210 --> 00:12:37.220 align:start position:0% choose a different platform and that's 00:12:37.220 --> 00:12:39.580 align:start position:0% choose a different platform and that's how<00:12:37.370> they<00:12:37.520> lock<00:12:37.760> you<00:12:37.970> in<00:12:38.150> right<00:12:38.720> raise<00:12:39.350> your 00:12:39.580 --> 00:12:39.590 align:start position:0% how they lock you in right raise your 00:12:39.590 --> 00:12:43.420 align:start position:0% how they lock you in right raise your hand<00:12:39.800> if<00:12:39.980> you<00:12:40.130> have<00:12:40.430> a<00:12:40.820> Facebook<00:12:41.420> account<00:12:42.430> even 00:12:43.420 --> 00:12:43.430 align:start position:0% hand if you have a Facebook account even 00:12:43.430 --> 00:12:44.740 align:start position:0% hand if you have a Facebook account even though<00:12:43.460> they've<00:12:43.790> been<00:12:43.820> hacked<00:12:44.240> and<00:12:44.570> even 00:12:44.740 --> 00:12:44.750 align:start position:0% though they've been hacked and even 00:12:44.750 --> 00:12:48.490 align:start position:0% though they've been hacked and even though<00:12:44.870> we<00:12:45.020> hate<00:12:45.170> them<00:12:45.320> right<00:12:46.330> I<00:12:47.330> still<00:12:48.140> have<00:12:48.470> a 00:12:48.490 --> 00:12:48.500 align:start position:0% though we hate them right I still have a 00:12:48.500 --> 00:12:50.860 align:start position:0% though we hate them right I still have a Facebook<00:12:48.860> account<00:12:48.950> and<00:12:49.610> I<00:12:50.420> have<00:12:50.690> all<00:12:50.840> my 00:12:50.860 --> 00:12:50.870 align:start position:0% Facebook account and I have all my 00:12:50.870 --> 00:12:52.270 align:start position:0% Facebook account and I have all my privacy<00:12:51.350> settings<00:12:51.650> on<00:12:51.770> but<00:12:51.950> I<00:12:52.010> don't<00:12:52.070> really 00:12:52.270 --> 00:12:52.280 align:start position:0% privacy settings on but I don't really 00:12:52.280 --> 00:12:53.560 align:start position:0% privacy settings on but I don't really know<00:12:52.460> what<00:12:52.580> to<00:12:52.670> think 00:12:53.560 --> 00:12:53.570 align:start position:0% know what to think 00:12:53.570 --> 00:12:55.390 align:start position:0% know what to think and<00:12:53.810> that's<00:12:54.440> because<00:12:54.740> there's<00:12:54.890> nowhere<00:12:55.160> to<00:12:55.280> go 00:12:55.390 --> 00:12:55.400 align:start position:0% and that's because there's nowhere to go 00:12:55.400 --> 00:12:56.800 align:start position:0% and that's because there's nowhere to go with<00:12:55.550> my<00:12:55.700> information<00:12:55.940> they<00:12:56.330> don't<00:12:56.510> make<00:12:56.660> it 00:12:56.800 --> 00:12:56.810 align:start position:0% with my information they don't make it 00:12:56.810 --> 00:12:58.300 align:start position:0% with my information they don't make it easy<00:12:56.870> and<00:12:57.170> they<00:12:57.350> want<00:12:57.590> to<00:12:57.740> not<00:12:57.860> make<00:12:57.890> it<00:12:58.190> easy 00:12:58.300 --> 00:12:58.310 align:start position:0% easy and they want to not make it easy 00:12:58.310 --> 00:13:00.580 align:start position:0% easy and they want to not make it easy so<00:12:58.660> we<00:12:59.660> have<00:12:59.780> to<00:12:59.900> solve<00:13:00.110> that<00:13:00.290> and<00:13:00.470> that's 00:13:00.580 --> 00:13:00.590 align:start position:0% so we have to solve that and that's 00:13:00.590 --> 00:13:02.290 align:start position:0% so we have to solve that and that's where<00:13:00.770> aetherium<00:13:01.100> comes<00:13:01.490> in<00:13:01.670> and<00:13:01.850> an<00:13:02.000> open 00:13:02.290 --> 00:13:02.300 align:start position:0% where aetherium comes in and an open 00:13:02.300 --> 00:13:03.820 align:start position:0% where aetherium comes in and an open Identity<00:13:02.720> standard<00:13:03.080> comes<00:13:03.290> in<00:13:03.440> that<00:13:03.650> can 00:13:03.820 --> 00:13:03.830 align:start position:0% Identity standard comes in that can 00:13:03.830 --> 00:13:05.890 align:start position:0% Identity standard comes in that can solve<00:13:04.100> that<00:13:04.220> problem<00:13:04.400> while<00:13:05.180> we<00:13:05.420> keep<00:13:05.630> the 00:13:05.890 --> 00:13:05.900 align:start position:0% solve that problem while we keep the 00:13:05.900 --> 00:13:09.670 align:start position:0% solve that problem while we keep the great<00:13:06.110> UX<00:13:06.910> so<00:13:07.910> this<00:13:08.660> is<00:13:08.840> from<00:13:09.110> a<00:13:09.140> researcher 00:13:09.670 --> 00:13:09.680 align:start position:0% great UX so this is from a researcher 00:13:09.680 --> 00:13:12.670 align:start position:0% great UX so this is from a researcher named<00:13:09.830> Rebecca<00:13:10.040> Rix<00:13:10.370> I<00:13:10.640> always<00:13:11.570> always<00:13:12.470> bring 00:13:12.670 --> 00:13:12.680 align:start position:0% named Rebecca Rix I always always bring 00:13:12.680 --> 00:13:13.810 align:start position:0% named Rebecca Rix I always always bring it<00:13:12.770> to<00:13:12.860> these<00:13:12.980> presentations<00:13:13.550> because<00:13:13.700> it's 00:13:13.810 --> 00:13:13.820 align:start position:0% it to these presentations because it's 00:13:13.820 --> 00:13:17.230 align:start position:0% it to these presentations because it's just<00:13:13.970> so<00:13:14.300> crazy<00:13:14.710> this<00:13:15.710> is<00:13:15.920> a<00:13:15.950> graph<00:13:16.250> of<00:13:16.490> what 00:13:17.230 --> 00:13:17.240 align:start position:0% just so crazy this is a graph of what 00:13:17.240 --> 00:13:18.880 align:start position:0% just so crazy this is a graph of what happens<00:13:17.600> when<00:13:17.750> you<00:13:17.930> make<00:13:18.140> a<00:13:18.200> transaction<00:13:18.830> on 00:13:18.880 --> 00:13:18.890 align:start position:0% happens when you make a transaction on 00:13:18.890 --> 00:13:20.960 align:start position:0% happens when you make a transaction on PayPal<00:13:19.280> and<00:13:19.550> all<00:13:20.120> of<00:13:20.300> these<00:13:20.510> know 00:13:20.960 --> 00:13:20.970 align:start position:0% PayPal and all of these know 00:13:20.970 --> 00:13:22.819 align:start position:0% PayPal and all of these know ODEs<00:13:21.089> are<00:13:21.329> the<00:13:21.569> different<00:13:21.959> companies<00:13:22.439> that's 00:13:22.819 --> 00:13:22.829 align:start position:0% ODEs are the different companies that's 00:13:22.829 --> 00:13:29.559 align:start position:0% ODEs are the different companies that's that<00:13:23.100> transaction<00:13:23.699> metadata<00:13:24.120> gets<00:13:24.899> sent<00:13:25.350> to 00:13:29.559 --> 00:13:29.569 align:start position:0% 00:13:29.569 --> 00:13:35.629 align:start position:0% let<00:13:30.569> it<00:13:30.660> play<00:13:30.839> out<00:13:31.050> for<00:13:31.199> a<00:13:31.259> second<00:13:34.370> and<00:13:35.370> on<00:13:35.490> her 00:13:35.629 --> 00:13:35.639 align:start position:0% let it play out for a second and on her 00:13:35.639 --> 00:13:38.150 align:start position:0% let it play out for a second and on her site<00:13:35.879> you<00:13:36.060> can<00:13:36.180> actually<00:13:36.240> see<00:13:36.779> which<00:13:37.589> metadata 00:13:38.150 --> 00:13:38.160 align:start position:0% site you can actually see which metadata 00:13:38.160 --> 00:13:41.629 align:start position:0% site you can actually see which metadata each<00:13:38.399> one<00:13:38.639> of<00:13:38.730> these<00:13:38.819> parties<00:13:39.209> yes<00:13:40.079> and<00:13:40.889> since 00:13:41.629 --> 00:13:41.639 align:start position:0% each one of these parties yes and since 00:13:41.639 --> 00:13:45.230 align:start position:0% each one of these parties yes and since they've<00:13:42.240> acquired<00:13:43.220> venmo<00:13:44.220> I'm<00:13:44.579> sure<00:13:44.790> this<00:13:45.060> is 00:13:45.230 --> 00:13:45.240 align:start position:0% they've acquired venmo I'm sure this is 00:13:45.240 --> 00:13:46.670 align:start position:0% they've acquired venmo I'm sure this is happening<00:13:45.720> with<00:13:45.839> venmo<00:13:45.990> too<00:13:46.170> there's 00:13:46.670 --> 00:13:46.680 align:start position:0% happening with venmo too there's 00:13:46.680 --> 00:13:49.519 align:start position:0% happening with venmo too there's probably<00:13:46.920> even<00:13:47.009> more<00:13:47.550> things<00:13:48.139> and<00:13:49.139> it<00:13:49.230> County 00:13:49.519 --> 00:13:49.529 align:start position:0% probably even more things and it County 00:13:49.529 --> 00:13:53.030 align:start position:0% probably even more things and it County just<00:13:49.740> goes<00:13:49.889> on<00:13:50.129> and<00:13:50.459> on<00:13:50.579> so<00:13:51.389> that's<00:13:51.990> that's<00:13:52.740> the 00:13:53.030 --> 00:13:53.040 align:start position:0% just goes on and on so that's that's the 00:13:53.040 --> 00:13:56.300 align:start position:0% just goes on and on so that's that's the state<00:13:53.370> of<00:13:53.579> of<00:13:54.300> how<00:13:54.509> your<00:13:54.779> of<00:13:55.050> your<00:13:55.709> identity 00:13:56.300 --> 00:13:56.310 align:start position:0% state of of how your of your identity 00:13:56.310 --> 00:13:58.999 align:start position:0% state of of how your of your identity how<00:13:56.490> it<00:13:56.579> gets<00:13:56.730> spread<00:13:57.029> around<00:13:57.149> today 00:13:58.999 --> 00:13:59.009 align:start position:0% how it gets spread around today 00:13:59.009 --> 00:14:04.939 align:start position:0% how it gets spread around today oh<00:14:00.529> good<00:14:01.529> skip<00:14:01.860> because<00:14:01.920> it<00:14:02.129> there's<00:14:02.879> a<00:14:02.939> lot<00:14:03.949> so 00:14:04.939 --> 00:14:04.949 align:start position:0% oh good skip because it there's a lot so 00:14:04.949 --> 00:14:07.340 align:start position:0% oh good skip because it there's a lot so web<00:14:05.459> identity<00:14:05.939> is<00:14:06.060> not<00:14:06.209> the<00:14:06.569> best<00:14:06.750> thing<00:14:07.050> we 00:14:07.340 --> 00:14:07.350 align:start position:0% web identity is not the best thing we 00:14:07.350 --> 00:14:10.879 align:start position:0% web identity is not the best thing we can<00:14:07.560> do<00:14:08.569> it's<00:14:09.569> done<00:14:09.839> a<00:14:09.870> lot<00:14:10.079> of<00:14:10.230> good<00:14:10.379> things<00:14:10.620> in 00:14:10.879 --> 00:14:10.889 align:start position:0% can do it's done a lot of good things in 00:14:10.889 --> 00:14:12.860 align:start position:0% can do it's done a lot of good things in some<00:14:11.040> ways<00:14:11.189> and<00:14:12.060> we<00:14:12.149> need<00:14:12.300> to<00:14:12.389> preserve<00:14:12.540> those 00:14:12.860 --> 00:14:12.870 align:start position:0% some ways and we need to preserve those 00:14:12.870 --> 00:14:15.590 align:start position:0% some ways and we need to preserve those like<00:14:13.050> I<00:14:13.139> said<00:14:13.350> but<00:14:14.310> aetherium<00:14:15.209> could<00:14:15.389> solve 00:14:15.590 --> 00:14:15.600 align:start position:0% like I said but aetherium could solve 00:14:15.600 --> 00:14:18.379 align:start position:0% like I said but aetherium could solve some<00:14:15.870> of<00:14:15.899> the<00:14:16.250> some<00:14:17.250> of<00:14:17.279> the<00:14:17.399> problems<00:14:18.209> at<00:14:18.360> the 00:14:18.379 --> 00:14:18.389 align:start position:0% some of the some of the problems at the 00:14:18.389 --> 00:14:21.050 align:start position:0% some of the some of the problems at the root<00:14:18.629> of<00:14:18.750> it<00:14:18.839> all<00:14:18.930> and<00:14:19.439> one<00:14:19.920> thing<00:14:20.189> that<00:14:20.490> has 00:14:21.050 --> 00:14:21.060 align:start position:0% root of it all and one thing that has 00:14:21.060 --> 00:14:23.329 align:start position:0% root of it all and one thing that has happened<00:14:21.540> in<00:14:21.839> the<00:14:22.199> real<00:14:22.350> world<00:14:22.589> with 00:14:23.329 --> 00:14:23.339 align:start position:0% happened in the real world with 00:14:23.339 --> 00:14:26.720 align:start position:0% happened in the real world with regulators<00:14:23.879> is<00:14:24.209> something<00:14:24.959> called<00:14:25.199> gdp<00:14:25.410> R<00:14:26.220> so 00:14:26.720 --> 00:14:26.730 align:start position:0% regulators is something called gdp R so 00:14:26.730 --> 00:14:28.340 align:start position:0% regulators is something called gdp R so if<00:14:27.029> you're<00:14:27.149> not<00:14:27.360> familiar<00:14:27.629> with<00:14:27.899> it<00:14:28.170> and 00:14:28.340 --> 00:14:28.350 align:start position:0% if you're not familiar with it and 00:14:28.350 --> 00:14:29.449 align:start position:0% if you're not familiar with it and you're<00:14:28.439> working<00:14:28.709> on<00:14:28.769> these<00:14:28.920> problems<00:14:29.160> or 00:14:29.449 --> 00:14:29.459 align:start position:0% you're working on these problems or 00:14:29.459 --> 00:14:31.460 align:start position:0% you're working on these problems or you're<00:14:29.550> handling<00:14:29.879> user<00:14:30.180> identities<00:14:30.720> this<00:14:31.290> is 00:14:31.460 --> 00:14:31.470 align:start position:0% you're handling user identities this is 00:14:31.470 --> 00:14:34.879 align:start position:0% you're handling user identities this is something<00:14:31.889> to<00:14:32.160> be<00:14:32.189> aware<00:14:32.819> of<00:14:32.959> GDP<00:14:33.959> R's<00:14:34.110> a<00:14:34.410> lot 00:14:34.879 --> 00:14:34.889 align:start position:0% something to be aware of GDP R's a lot 00:14:34.889 --> 00:14:36.860 align:start position:0% something to be aware of GDP R's a lot of<00:14:35.040> it's<00:14:35.550> a<00:14:35.610> European<00:14:35.759> regulation<00:14:36.629> it's<00:14:36.809> a 00:14:36.860 --> 00:14:36.870 align:start position:0% of it's a European regulation it's a 00:14:36.870 --> 00:14:39.439 align:start position:0% of it's a European regulation it's a general<00:14:37.230> data<00:14:37.500> protection<00:14:38.360> regulation<00:14:39.360> I 00:14:39.439 --> 00:14:39.449 align:start position:0% general data protection regulation I 00:14:39.449 --> 00:14:40.939 align:start position:0% general data protection regulation I think<00:14:39.480> I<00:14:39.839> might<00:14:40.170> have<00:14:40.290> one<00:14:40.559> of<00:14:40.589> those<00:14:40.709> words 00:14:40.939 --> 00:14:40.949 align:start position:0% think I might have one of those words 00:14:40.949 --> 00:14:44.420 align:start position:0% think I might have one of those words wrong<00:14:41.069> but<00:14:42.889> basically<00:14:43.889> what<00:14:44.069> it<00:14:44.160> says<00:14:44.279> it 00:14:44.420 --> 00:14:44.430 align:start position:0% wrong but basically what it says it 00:14:44.430 --> 00:14:45.980 align:start position:0% wrong but basically what it says it gives<00:14:44.550> these<00:14:44.819> it<00:14:45.029> establishes<00:14:45.480> these<00:14:45.720> rights 00:14:45.980 --> 00:14:45.990 align:start position:0% gives these it establishes these rights 00:14:45.990 --> 00:14:48.740 align:start position:0% gives these it establishes these rights for<00:14:46.589> users<00:14:47.069> interacting<00:14:47.790> online<00:14:47.910> the<00:14:48.420> ability 00:14:48.740 --> 00:14:48.750 align:start position:0% for users interacting online the ability 00:14:48.750 --> 00:14:50.509 align:start position:0% for users interacting online the ability to<00:14:48.899> move<00:14:49.050> your<00:14:49.110> data<00:14:49.470> the<00:14:49.769> ability<00:14:49.860> to<00:14:50.160> request 00:14:50.509 --> 00:14:50.519 align:start position:0% to move your data the ability to request 00:14:50.519 --> 00:14:52.639 align:start position:0% to move your data the ability to request and<00:14:50.850> know<00:14:51.000> exactly<00:14:51.480> how<00:14:51.629> it's<00:14:51.779> being<00:14:51.959> used<00:14:52.319> and 00:14:52.639 --> 00:14:52.649 align:start position:0% and know exactly how it's being used and 00:14:52.649 --> 00:14:55.850 align:start position:0% and know exactly how it's being used and one<00:14:53.550> really<00:14:54.540> critical<00:14:54.930> one<00:14:55.019> what<00:14:55.290> is<00:14:55.410> which<00:14:55.709> is 00:14:55.850 --> 00:14:55.860 align:start position:0% one really critical one what is which is 00:14:55.860 --> 00:14:58.369 align:start position:0% one really critical one what is which is the<00:14:56.009> right<00:14:56.220> to<00:14:56.250> erasure<00:14:57.180> which<00:14:57.689> is<00:14:57.899> the 00:14:58.369 --> 00:14:58.379 align:start position:0% the right to erasure which is the 00:14:58.379 --> 00:15:00.499 align:start position:0% the right to erasure which is the ability<00:14:58.800> to<00:14:58.829> request<00:14:59.220> that<00:14:59.670> your<00:14:59.879> information 00:15:00.499 --> 00:15:00.509 align:start position:0% ability to request that your information 00:15:00.509 --> 00:15:04.549 align:start position:0% ability to request that your information be<00:15:00.779> deleted<00:15:01.490> and<00:15:02.490> and<00:15:02.970> if<00:15:03.509> the<00:15:04.199> company 00:15:04.549 --> 00:15:04.559 align:start position:0% be deleted and and if the company 00:15:04.559 --> 00:15:06.679 align:start position:0% be deleted and and if the company doesn't<00:15:04.769> comply<00:15:05.250> with<00:15:05.490> this<00:15:05.670> they're<00:15:06.540> in 00:15:06.679 --> 00:15:06.689 align:start position:0% doesn't comply with this they're in 00:15:06.689 --> 00:15:09.530 align:start position:0% doesn't comply with this they're in violation<00:15:07.019> of<00:15:07.170> gdpr<00:15:07.529> and<00:15:07.980> they'll<00:15:08.300> attempt<00:15:09.300> to 00:15:09.530 --> 00:15:09.540 align:start position:0% violation of gdpr and they'll attempt to 00:15:09.540 --> 00:15:12.679 align:start position:0% violation of gdpr and they'll attempt to enforce<00:15:10.319> this<00:15:10.529> law<00:15:10.889> and<00:15:11.490> it's<00:15:11.639> I<00:15:12.149> think<00:15:12.540> it's<00:15:12.660> a 00:15:12.679 --> 00:15:12.689 align:start position:0% enforce this law and it's I think it's a 00:15:12.689 --> 00:15:18.379 align:start position:0% enforce this law and it's I think it's a fine<00:15:12.930> of<00:15:13.139> 4%<00:15:13.800> of<00:15:14.750> revenue<00:15:15.750> for<00:15:15.930> the<00:15:15.990> year<00:15:16.259> or<00:15:17.389> 20 00:15:18.379 --> 00:15:18.389 align:start position:0% fine of 4% of revenue for the year or 20 00:15:18.389 --> 00:15:20.840 align:start position:0% fine of 4% of revenue for the year or 20 million<00:15:18.629> dollars<00:15:18.930> or<00:15:19.079> 20<00:15:19.290> million<00:15:19.439> pounds<00:15:19.850> so 00:15:20.840 --> 00:15:20.850 align:start position:0% million dollars or 20 million pounds so 00:15:20.850 --> 00:15:23.299 align:start position:0% million dollars or 20 million pounds so it's<00:15:21.029> it<00:15:21.240> could<00:15:21.389> it<00:15:21.569> could<00:15:21.689> really<00:15:22.009> screw<00:15:23.009> up 00:15:23.299 --> 00:15:23.309 align:start position:0% it's it could it could really screw up 00:15:23.309 --> 00:15:26.199 align:start position:0% it's it could it could really screw up whatever<00:15:23.610> you're<00:15:23.910> doing<00:15:24.420> as<00:15:24.569> a<00:15:24.600> startup 00:15:26.199 --> 00:15:26.209 align:start position:0% whatever you're doing as a startup 00:15:26.209 --> 00:15:28.730 align:start position:0% whatever you're doing as a startup Facebook<00:15:27.209> went<00:15:27.329> so<00:15:27.540> far<00:15:27.720> as<00:15:27.779> to<00:15:27.990> separate<00:15:28.500> all 00:15:28.730 --> 00:15:28.740 align:start position:0% Facebook went so far as to separate all 00:15:28.740 --> 00:15:30.949 align:start position:0% Facebook went so far as to separate all of<00:15:28.800> their<00:15:29.189> user<00:15:29.429> data<00:15:29.730> that's<00:15:30.149> European<00:15:30.660> into 00:15:30.949 --> 00:15:30.959 align:start position:0% of their user data that's European into 00:15:30.959 --> 00:15:34.430 align:start position:0% of their user data that's European into an<00:15:31.079> entirely<00:15:31.500> different<00:15:32.899> location<00:15:33.899> in<00:15:34.019> the 00:15:34.430 --> 00:15:34.440 align:start position:0% an entirely different location in the 00:15:34.440 --> 00:15:37.400 align:start position:0% an entirely different location in the they<00:15:34.590> built<00:15:34.800> a<00:15:34.860> whole<00:15:34.890> new<00:15:35.600> data<00:15:36.600> store<00:15:36.900> just 00:15:37.400 --> 00:15:37.410 align:start position:0% they built a whole new data store just 00:15:37.410 --> 00:15:39.230 align:start position:0% they built a whole new data store just for<00:15:37.650> European<00:15:38.160> information<00:15:38.640> to<00:15:38.760> separate<00:15:39.120> it 00:15:39.230 --> 00:15:39.240 align:start position:0% for European information to separate it 00:15:39.240 --> 00:15:42.820 align:start position:0% for European information to separate it so<00:15:40.340> the<00:15:41.340> way<00:15:41.460> that<00:15:41.610> applies<00:15:41.880> to<00:15:41.910> blockchain<00:15:42.570> is 00:15:42.820 --> 00:15:42.830 align:start position:0% so the way that applies to blockchain is 00:15:42.830 --> 00:15:46.070 align:start position:0% so the way that applies to blockchain is do<00:15:43.830> not<00:15:43.980> put<00:15:44.360> personal<00:15:45.360> identifying 00:15:46.070 --> 00:15:46.080 align:start position:0% do not put personal identifying 00:15:46.080 --> 00:15:48.890 align:start position:0% do not put personal identifying information<00:15:46.170> on<00:15:47.100> chain<00:15:47.460> those<00:15:47.790> stories<00:15:48.720> that 00:15:48.890 --> 00:15:48.900 align:start position:0% information on chain those stories that 00:15:48.900 --> 00:15:52.790 align:start position:0% information on chain those stories that we<00:15:49.020> that<00:15:49.320> I<00:15:49.350> talked<00:15:49.920> about<00:15:50.160> before<00:15:50.570> about<00:15:51.800> the 00:15:52.790 --> 00:15:52.800 align:start position:0% we that I talked about before about the 00:15:52.800 --> 00:15:55.760 align:start position:0% we that I talked about before about the refugees<00:15:53.250> immigrants<00:15:54.110> people<00:15:55.110> who<00:15:55.380> work<00:15:55.620> in 00:15:55.760 --> 00:15:55.770 align:start position:0% refugees immigrants people who work in 00:15:55.770 --> 00:15:58.100 align:start position:0% refugees immigrants people who work in marginalized<00:15:56.520> or<00:15:57.030> or<00:15:57.540> stigmatized 00:15:58.100 --> 00:15:58.110 align:start position:0% marginalized or or stigmatized 00:15:58.110 --> 00:16:00.980 align:start position:0% marginalized or or stigmatized communities<00:15:59.330> when<00:16:00.330> you<00:16:00.510> put<00:16:00.780> their 00:16:00.980 --> 00:16:00.990 align:start position:0% communities when you put their 00:16:00.990 --> 00:16:03.470 align:start position:0% communities when you put their information<00:16:01.440> on<00:16:01.680> chain<00:16:01.920> forever<00:16:02.250> it<00:16:02.730> reduces 00:16:03.470 --> 00:16:03.480 align:start position:0% information on chain forever it reduces 00:16:03.480 --> 00:16:07.060 align:start position:0% information on chain forever it reduces their<00:16:04.020> control<00:16:04.590> it<00:16:05.130> puts<00:16:05.430> them<00:16:05.610> at<00:16:05.850> risk<00:16:05.970> and 00:16:07.060 --> 00:16:07.070 align:start position:0% their control it puts them at risk and 00:16:07.070 --> 00:16:12.400 align:start position:0% their control it puts them at risk and generally<00:16:08.070> a<00:16:08.930> theory<00:16:09.930> or<00:16:09.960> a<00:16:10.200> an<00:16:10.830> axiom<00:16:11.430> is<00:16:11.580> that 00:16:12.400 --> 00:16:12.410 align:start position:0% generally a theory or a an axiom is that 00:16:12.410 --> 00:16:14.860 align:start position:0% generally a theory or a an axiom is that decreasing<00:16:13.410> the<00:16:13.500> privacy<00:16:13.890> and<00:16:14.010> community 00:16:14.860 --> 00:16:14.870 align:start position:0% decreasing the privacy and community 00:16:14.870 --> 00:16:18.230 align:start position:0% decreasing the privacy and community increases<00:16:15.870> the<00:16:15.990> marginalization<00:16:16.500> of<00:16:17.240> at-risk 00:16:18.230 --> 00:16:18.240 align:start position:0% increases the marginalization of at-risk 00:16:18.240 --> 00:16:20.450 align:start position:0% increases the marginalization of at-risk groups<00:16:18.720> and<00:16:19.080> that's<00:16:19.260> something<00:16:19.470> if<00:16:19.920> we<00:16:20.190> really 00:16:20.450 --> 00:16:20.460 align:start position:0% groups and that's something if we really 00:16:20.460 --> 00:16:22.400 align:start position:0% groups and that's something if we really want<00:16:20.700> to<00:16:20.820> build<00:16:20.940> an<00:16:21.120> open<00:16:21.270> financial<00:16:22.050> system 00:16:22.400 --> 00:16:22.410 align:start position:0% want to build an open financial system 00:16:22.410 --> 00:16:24.890 align:start position:0% want to build an open financial system we<00:16:22.920> really<00:16:23.160> want<00:16:23.370> to<00:16:23.580> do<00:16:24.300> all<00:16:24.480> of<00:16:24.510> these<00:16:24.690> really 00:16:24.890 --> 00:16:24.900 align:start position:0% we really want to do all of these really 00:16:24.900 --> 00:16:27.050 align:start position:0% we really want to do all of these really world-changing<00:16:25.680> important<00:16:26.190> things<00:16:26.430> we<00:16:27.000> have 00:16:27.050 --> 00:16:27.060 align:start position:0% world-changing important things we have 00:16:27.060 --> 00:16:28.070 align:start position:0% world-changing important things we have to<00:16:27.240> keep<00:16:27.330> that<00:16:27.480> in<00:16:27.540> mind 00:16:28.070 --> 00:16:28.080 align:start position:0% to keep that in mind 00:16:28.080 --> 00:16:30.320 align:start position:0% to keep that in mind now<00:16:28.350> before<00:16:29.130> we<00:16:29.160> build<00:16:29.430> an<00:16:29.550> identity<00:16:29.910> system 00:16:30.320 --> 00:16:30.330 align:start position:0% now before we build an identity system 00:16:30.330 --> 00:16:34.040 align:start position:0% now before we build an identity system that<00:16:30.570> de-facto<00:16:31.140> excludes<00:16:31.920> them<00:16:32.160> so<00:16:32.900> gdpr<00:16:33.900> is 00:16:34.040 --> 00:16:34.050 align:start position:0% that de-facto excludes them so gdpr is 00:16:34.050 --> 00:16:35.630 align:start position:0% that de-facto excludes them so gdpr is an<00:16:34.140> attempt<00:16:34.440> to<00:16:34.500> do<00:16:34.650> that<00:16:34.680> with<00:16:34.860> regulation<00:16:35.460> I 00:16:35.630 --> 00:16:35.640 align:start position:0% an attempt to do that with regulation I 00:16:35.640 --> 00:16:38.180 align:start position:0% an attempt to do that with regulation I know<00:16:36.360> we<00:16:36.570> all<00:16:36.720> don't<00:16:37.020> really<00:16:37.380> like<00:16:37.590> regulation 00:16:38.180 --> 00:16:38.190 align:start position:0% know we all don't really like regulation 00:16:38.190 --> 00:16:40.850 align:start position:0% know we all don't really like regulation and<00:16:38.400> we<00:16:38.820> you<00:16:39.330> know<00:16:39.360> scoff<00:16:40.140> at<00:16:40.350> it<00:16:40.500> and<00:16:40.740> maybe 00:16:40.850 --> 00:16:40.860 align:start position:0% and we you know scoff at it and maybe 00:16:40.860 --> 00:16:43.130 align:start position:0% and we you know scoff at it and maybe we'll<00:16:41.040> just<00:16:41.190> ignore<00:16:41.700> it<00:16:41.730> but<00:16:42.300> the<00:16:42.420> spirit<00:16:42.960> of 00:16:43.130 --> 00:16:43.140 align:start position:0% we'll just ignore it but the spirit of 00:16:43.140 --> 00:16:47.480 align:start position:0% we'll just ignore it but the spirit of the<00:16:43.260> law<00:16:43.410> is<00:16:43.970> I<00:16:44.970> would<00:16:45.900> say<00:16:46.170> good<00:16:46.980> it's<00:16:47.220> trying 00:16:47.480 --> 00:16:47.490 align:start position:0% the law is I would say good it's trying 00:16:47.490 --> 00:16:49.580 align:start position:0% the law is I would say good it's trying to<00:16:47.550> return<00:16:47.790> rights<00:16:48.090> to<00:16:48.360> all<00:16:48.600> of<00:16:48.810> us<00:16:48.900> right<00:16:49.380> and 00:16:49.580 --> 00:16:49.590 align:start position:0% to return rights to all of us right and 00:16:49.590 --> 00:16:52.010 align:start position:0% to return rights to all of us right and protect<00:16:50.160> us<00:16:50.340> from<00:16:50.640> the<00:16:51.210> overlords<00:16:51.660> we<00:16:51.810> talked 00:16:52.010 --> 00:16:52.020 align:start position:0% protect us from the overlords we talked 00:16:52.020 --> 00:16:54.710 align:start position:0% protect us from the overlords we talked about<00:16:52.490> so<00:16:53.490> what<00:16:53.610> do<00:16:53.670> we<00:16:53.730> need<00:16:53.910> to<00:16:54.030> do<00:16:54.150> in<00:16:54.510> this 00:16:54.710 --> 00:16:54.720 align:start position:0% about so what do we need to do in this 00:16:54.720 --> 00:16:57.650 align:start position:0% about so what do we need to do in this new<00:16:54.840> system<00:16:55.610> increased<00:16:56.610> privacy<00:16:56.910> like<00:16:57.570> I 00:16:57.650 --> 00:16:57.660 align:start position:0% new system increased privacy like I 00:16:57.660 --> 00:16:59.960 align:start position:0% new system increased privacy like I talked<00:16:57.840> about<00:16:57.980> preserve<00:16:58.980> that<00:16:59.250> flexibility 00:16:59.960 --> 00:16:59.970 align:start position:0% talked about preserve that flexibility 00:16:59.970 --> 00:17:01.820 align:start position:0% talked about preserve that flexibility of<00:17:00.090> being<00:17:00.120> able<00:17:00.450> to<00:17:00.630> be<00:17:00.900> different<00:17:01.380> people<00:17:01.710> in 00:17:01.820 --> 00:17:01.830 align:start position:0% of being able to be different people in 00:17:01.830 --> 00:17:03.560 align:start position:0% of being able to be different people in different<00:17:01.860> contexts<00:17:02.580> so<00:17:03.000> the<00:17:03.120> ability<00:17:03.360> for 00:17:03.560 --> 00:17:03.570 align:start position:0% different contexts so the ability for 00:17:03.570 --> 00:17:05.660 align:start position:0% different contexts so the ability for you<00:17:03.780> to<00:17:03.810> be<00:17:04.140> your<00:17:04.680> professional<00:17:05.280> self<00:17:05.459> on 00:17:05.660 --> 00:17:05.670 align:start position:0% you to be your professional self on 00:17:05.670 --> 00:17:07.610 align:start position:0% you to be your professional self on LinkedIn<00:17:06.060> and<00:17:06.300> your<00:17:06.689> social<00:17:07.020> self<00:17:07.230> on<00:17:07.380> Twitter 00:17:07.610 --> 00:17:07.620 align:start position:0% LinkedIn and your social self on Twitter 00:17:07.620 --> 00:17:11.980 align:start position:0% LinkedIn and your social self on Twitter or<00:17:08.000> an<00:17:09.000> even<00:17:09.360> worse<00:17:09.510> person<00:17:09.900> on<00:17:09.990> Twitter<00:17:10.160> and 00:17:11.980 --> 00:17:11.990 align:start position:0% or an even worse person on Twitter and 00:17:11.990 --> 00:17:16.880 align:start position:0% or an even worse person on Twitter and be<00:17:12.990> a<00:17:13.290> model<00:17:13.560> on<00:17:14.030> Instagram<00:17:15.030> be<00:17:15.780> an<00:17:16.140> influencer 00:17:16.880 --> 00:17:16.890 align:start position:0% be a model on Instagram be an influencer 00:17:16.890 --> 00:17:18.679 align:start position:0% be a model on Instagram be an influencer somewhere<00:17:17.339> else<00:17:17.459> be<00:17:17.670> a<00:17:17.699> gamer<00:17:18.000> somewhere<00:17:18.420> else 00:17:18.679 --> 00:17:18.689 align:start position:0% somewhere else be a gamer somewhere else 00:17:18.689 --> 00:17:21.050 align:start position:0% somewhere else be a gamer somewhere else we<00:17:19.530> have<00:17:19.680> to<00:17:19.800> preserve<00:17:20.100> that<00:17:20.339> flexibility<00:17:20.939> you 00:17:21.050 --> 00:17:21.060 align:start position:0% we have to preserve that flexibility you 00:17:21.060 --> 00:17:22.850 align:start position:0% we have to preserve that flexibility you don't<00:17:21.209> want<00:17:21.329> to<00:17:21.420> be<00:17:21.600> that<00:17:21.900> same<00:17:22.140> identity<00:17:22.620> in 00:17:22.850 --> 00:17:22.860 align:start position:0% don't want to be that same identity in 00:17:22.860 --> 00:17:26.240 align:start position:0% don't want to be that same identity in every<00:17:23.400> place<00:17:24.410> we<00:17:25.410> need<00:17:25.500> to<00:17:25.589> facilitate<00:17:25.770> the 00:17:26.240 --> 00:17:26.250 align:start position:0% every place we need to facilitate the 00:17:26.250 --> 00:17:27.949 align:start position:0% every place we need to facilitate the portability<00:17:26.640> so<00:17:26.939> that's<00:17:27.270> the<00:17:27.569> that's<00:17:27.810> the 00:17:27.949 --> 00:17:27.959 align:start position:0% portability so that's the that's the 00:17:27.959 --> 00:17:29.600 align:start position:0% portability so that's the that's the switching<00:17:28.410> cost<00:17:28.620> problem<00:17:29.040> we<00:17:29.220> reduce 00:17:29.600 --> 00:17:29.610 align:start position:0% switching cost problem we reduce 00:17:29.610 --> 00:17:32.660 align:start position:0% switching cost problem we reduce competition<00:17:30.560> when<00:17:31.560> we<00:17:32.130> increase<00:17:32.520> these 00:17:32.660 --> 00:17:32.670 align:start position:0% competition when we increase these 00:17:32.670 --> 00:17:35.150 align:start position:0% competition when we increase these switching<00:17:33.060> costs<00:17:33.330> it<00:17:33.630> creates<00:17:33.990> a<00:17:34.160> inefficient 00:17:35.150 --> 00:17:35.160 align:start position:0% switching costs it creates a inefficient 00:17:35.160 --> 00:17:37.010 align:start position:0% switching costs it creates a inefficient economic<00:17:35.670> market<00:17:35.970> for<00:17:36.120> this<00:17:36.240> data<00:17:36.420> and<00:17:36.750> for 00:17:37.010 --> 00:17:37.020 align:start position:0% economic market for this data and for 00:17:37.020 --> 00:17:39.680 align:start position:0% economic market for this data and for identities<00:17:38.150> we<00:17:39.150> have<00:17:39.270> to<00:17:39.360> ensure 00:17:39.680 --> 00:17:39.690 align:start position:0% identities we have to ensure 00:17:39.690 --> 00:17:41.750 align:start position:0% identities we have to ensure recoverability<00:17:40.380> I'm<00:17:41.010> not<00:17:41.160> gonna<00:17:41.280> talk<00:17:41.430> to<00:17:41.580> ton 00:17:41.750 --> 00:17:41.760 align:start position:0% recoverability I'm not gonna talk to ton 00:17:41.760 --> 00:17:44.930 align:start position:0% recoverability I'm not gonna talk to ton about<00:17:41.850> that<00:17:42.150> today<00:17:42.600> but<00:17:43.590> obviously<00:17:44.550> you<00:17:44.910> don't 00:17:44.930 --> 00:17:44.940 align:start position:0% about that today but obviously you don't 00:17:44.940 --> 00:17:48.080 align:start position:0% about that today but obviously you don't want<00:17:45.360> to<00:17:46.260> have<00:17:46.620> a<00:17:46.650> fragile<00:17:47.070> system<00:17:47.670> where<00:17:47.820> if 00:17:48.080 --> 00:17:48.090 align:start position:0% want to have a fragile system where if 00:17:48.090 --> 00:17:50.060 align:start position:0% want to have a fragile system where if you<00:17:48.179> just<00:17:48.600> lose<00:17:48.870> your<00:17:48.900> key<00:17:49.350> which<00:17:49.590> people<00:17:49.950> do 00:17:50.060 --> 00:17:50.070 align:start position:0% you just lose your key which people do 00:17:50.070 --> 00:17:52.610 align:start position:0% you just lose your key which people do all<00:17:50.279> the<00:17:50.309> time<00:17:50.580> as<00:17:50.789> we<00:17:50.909> know<00:17:51.080> you<00:17:52.080> lose<00:17:52.320> your 00:17:52.610 --> 00:17:52.620 align:start position:0% all the time as we know you lose your 00:17:52.620 --> 00:17:55.390 align:start position:0% all the time as we know you lose your life<00:17:52.950> right<00:17:53.370> you<00:17:53.490> lose<00:17:53.610> every<00:17:54.150> access<00:17:54.779> to<00:17:54.900> your 00:17:55.390 --> 00:17:55.400 align:start position:0% life right you lose every access to your 00:17:55.400 --> 00:17:58.340 align:start position:0% life right you lose every access to your health<00:17:56.400> records<00:17:56.850> and<00:17:57.210> all<00:17:57.659> of<00:17:57.840> your<00:17:57.960> accolades 00:17:58.340 --> 00:17:58.350 align:start position:0% health records and all of your accolades 00:17:58.350 --> 00:18:00.980 align:start position:0% health records and all of your accolades and<00:17:58.830> all<00:17:59.039> of<00:17:59.429> your<00:17:59.549> reputation<00:17:59.789> it<00:18:00.450> cannot<00:18:00.750> be 00:18:00.980 --> 00:18:00.990 align:start position:0% and all of your reputation it cannot be 00:18:00.990 --> 00:18:02.810 align:start position:0% and all of your reputation it cannot be that<00:18:01.020> fragile<00:18:01.590> it<00:18:01.830> has<00:18:01.919> to<00:18:02.010> be<00:18:02.130> resilient<00:18:02.429> at 00:18:02.810 --> 00:18:02.820 align:start position:0% that fragile it has to be resilient at 00:18:02.820 --> 00:18:05.419 align:start position:0% that fragile it has to be resilient at the<00:18:02.909> user<00:18:03.090> level<00:18:03.799> and<00:18:04.799> we<00:18:04.950> have<00:18:05.039> to<00:18:05.130> improve 00:18:05.419 --> 00:18:05.429 align:start position:0% the user level and we have to improve 00:18:05.429 --> 00:18:07.850 align:start position:0% the user level and we have to improve accessibility<00:18:05.580> the<00:18:06.360> ability<00:18:06.750> to<00:18:07.049> get<00:18:07.409> one<00:18:07.740> of 00:18:07.850 --> 00:18:07.860 align:start position:0% accessibility the ability to get one of 00:18:07.860 --> 00:18:09.799 align:start position:0% accessibility the ability to get one of these<00:18:07.950> identities<00:18:08.490> do<00:18:08.789> you<00:18:09.090> have<00:18:09.390> to<00:18:09.630> be 00:18:09.799 --> 00:18:09.809 align:start position:0% these identities do you have to be 00:18:09.809 --> 00:18:12.409 align:start position:0% these identities do you have to be living<00:18:10.049> in<00:18:10.500> America<00:18:11.250> and<00:18:11.610> have<00:18:11.789> access<00:18:12.210> to<00:18:12.330> the 00:18:12.409 --> 00:18:12.419 align:start position:0% living in America and have access to the 00:18:12.419 --> 00:18:15.159 align:start position:0% living in America and have access to the nicest<00:18:12.809> phone<00:18:13.020> and<00:18:13.440> everything<00:18:14.250> to<00:18:14.580> get<00:18:14.760> a 00:18:15.159 --> 00:18:15.169 align:start position:0% nicest phone and everything to get a 00:18:15.169 --> 00:18:17.450 align:start position:0% nicest phone and everything to get a decentralized<00:18:16.169> self<00:18:16.710> sovereign<00:18:17.039> identity<00:18:17.429> I 00:18:17.450 --> 00:18:17.460 align:start position:0% decentralized self sovereign identity I 00:18:17.460 --> 00:18:19.640 align:start position:0% decentralized self sovereign identity I don't<00:18:17.880> think<00:18:18.179> you<00:18:18.360> should<00:18:18.659> have<00:18:19.289> to<00:18:19.440> do<00:18:19.529> that 00:18:19.640 --> 00:18:19.650 align:start position:0% don't think you should have to do that 00:18:19.650 --> 00:18:22.659 align:start position:0% don't think you should have to do that because<00:18:20.159> that<00:18:20.429> is<00:18:20.990> again<00:18:21.990> a<00:18:22.020> de<00:18:22.409> facto 00:18:22.659 --> 00:18:22.669 align:start position:0% because that is again a de facto 00:18:22.669 --> 00:18:25.789 align:start position:0% because that is again a de facto marginalization<00:18:23.669> of<00:18:23.760> some<00:18:23.970> groups<00:18:24.380> so<00:18:25.380> we 00:18:25.789 --> 00:18:25.799 align:start position:0% marginalization of some groups so we 00:18:25.799 --> 00:18:29.149 align:start position:0% marginalization of some groups so we should<00:18:26.010> rebuild<00:18:26.669> it<00:18:27.740> and<00:18:28.740> that's<00:18:28.919> where<00:18:29.070> we 00:18:29.149 --> 00:18:29.159 align:start position:0% should rebuild it and that's where we 00:18:29.159 --> 00:18:30.680 align:start position:0% should rebuild it and that's where we get<00:18:29.279> to<00:18:29.429> what<00:18:29.610> is<00:18:29.730> you<00:18:30.059> know<00:18:30.179> self<00:18:30.419> sovereign 00:18:30.680 --> 00:18:30.690 align:start position:0% get to what is you know self sovereign 00:18:30.690 --> 00:18:33.110 align:start position:0% get to what is you know self sovereign identity<00:18:31.080> exactly<00:18:31.590> and<00:18:31.799> how<00:18:31.919> what<00:18:32.580> what<00:18:32.850> what 00:18:33.110 --> 00:18:33.120 align:start position:0% identity exactly and how what what what 00:18:33.120 --> 00:18:34.600 align:start position:0% identity exactly and how what what what are<00:18:33.210> the<00:18:33.240> mechanics<00:18:33.779> of<00:18:33.929> it 00:18:34.600 --> 00:18:34.610 align:start position:0% are the mechanics of it 00:18:34.610 --> 00:18:39.320 align:start position:0% are the mechanics of it well<00:18:35.720> self<00:18:36.720> sovereign<00:18:36.960> identity<00:18:37.940> is<00:18:38.940> when<00:18:39.210> an 00:18:39.320 --> 00:18:39.330 align:start position:0% well self sovereign identity is when an 00:18:39.330 --> 00:18:40.970 align:start position:0% well self sovereign identity is when an entity<00:18:39.480> trying<00:18:39.899> to<00:18:40.110> kind<00:18:40.320> of<00:18:40.380> define<00:18:40.710> it<00:18:40.890> I 00:18:40.970 --> 00:18:40.980 align:start position:0% entity trying to kind of define it I 00:18:40.980 --> 00:18:43.159 align:start position:0% entity trying to kind of define it I think<00:18:41.220> this<00:18:41.460> is<00:18:41.520> my<00:18:41.789> own<00:18:42.059> kind<00:18:42.450> of<00:18:42.630> working<00:18:43.080> of 00:18:43.159 --> 00:18:43.169 align:start position:0% think this is my own kind of working of 00:18:43.169 --> 00:18:44.600 align:start position:0% think this is my own kind of working of the<00:18:43.289> definition<00:18:43.710> there<00:18:43.860> really<00:18:43.980> isn't<00:18:44.279> a 00:18:44.600 --> 00:18:44.610 align:start position:0% the definition there really isn't a 00:18:44.610 --> 00:18:47.120 align:start position:0% the definition there really isn't a standard<00:18:45.330> one<00:18:45.750> in<00:18:45.990> the<00:18:46.230> industry<00:18:46.740> of<00:18:46.770> what 00:18:47.120 --> 00:18:47.130 align:start position:0% standard one in the industry of what 00:18:47.130 --> 00:18:49.549 align:start position:0% standard one in the industry of what exactly<00:18:47.429> self<00:18:47.909> sovereign<00:18:48.210> identity<00:18:48.630> is<00:18:48.870> but 00:18:49.549 --> 00:18:49.559 align:start position:0% exactly self sovereign identity is but 00:18:49.559 --> 00:18:50.750 align:start position:0% exactly self sovereign identity is but this<00:18:49.710> is<00:18:49.830> the<00:18:49.950> way<00:18:50.039> I've<00:18:50.220> been<00:18:50.250> thinking<00:18:50.669> about 00:18:50.750 --> 00:18:50.760 align:start position:0% this is the way I've been thinking about 00:18:50.760 --> 00:18:52.700 align:start position:0% this is the way I've been thinking about it<00:18:51.000> which<00:18:51.120> is<00:18:51.270> an<00:18:51.510> identity<00:18:52.289> is<00:18:52.440> self 00:18:52.700 --> 00:18:52.710 align:start position:0% it which is an identity is self 00:18:52.710 --> 00:18:54.769 align:start position:0% it which is an identity is self sovereign<00:18:53.130> when<00:18:53.669> the<00:18:53.760> entity<00:18:54.179> to<00:18:54.390> which<00:18:54.570> the 00:18:54.769 --> 00:18:54.779 align:start position:0% sovereign when the entity to which the 00:18:54.779 --> 00:18:57.740 align:start position:0% sovereign when the entity to which the identity<00:18:55.289> refers<00:18:55.820> retains<00:18:56.820> the<00:18:57.029> most<00:18:57.240> control 00:18:57.740 --> 00:18:57.750 align:start position:0% identity refers retains the most control 00:18:57.750 --> 00:19:00.409 align:start position:0% identity refers retains the most control over<00:18:58.409> any<00:18:58.620> given<00:18:58.860> aspect<00:18:59.549> of<00:18:59.700> that<00:18:59.789> identity 00:19:00.409 --> 00:19:00.419 align:start position:0% over any given aspect of that identity 00:19:00.419 --> 00:19:03.049 align:start position:0% over any given aspect of that identity they<00:19:00.570> don't<00:19:00.720> retain<00:19:01.049> complete<00:19:02.039> control<00:19:02.730> I 00:19:03.049 --> 00:19:03.059 align:start position:0% they don't retain complete control I 00:19:03.059 --> 00:19:05.570 align:start position:0% they don't retain complete control I don't<00:19:03.630> think<00:19:03.779> we<00:19:03.870> want<00:19:04.080> a<00:19:04.230> system<00:19:04.590> where<00:19:05.460> you 00:19:05.570 --> 00:19:05.580 align:start position:0% don't think we want a system where you 00:19:05.580 --> 00:19:07.610 align:start position:0% don't think we want a system where you have<00:19:05.700> complete<00:19:05.940> control<00:19:06.480> over<00:19:06.779> the<00:19:07.230> data<00:19:07.350> or 00:19:07.610 --> 00:19:07.620 align:start position:0% have complete control over the data or 00:19:07.620 --> 00:19:10.539 align:start position:0% have complete control over the data or the<00:19:07.649> or<00:19:08.460> you<00:19:08.580> don't<00:19:08.760> have<00:19:08.880> the<00:19:09.000> ability<00:19:09.419> to 00:19:10.539 --> 00:19:10.549 align:start position:0% the or you don't have the ability to 00:19:10.549 --> 00:19:13.399 align:start position:0% the or you don't have the ability to give<00:19:11.549> up<00:19:11.730> some<00:19:12.029> control<00:19:12.169> voluntarily<00:19:13.169> right 00:19:13.399 --> 00:19:13.409 align:start position:0% give up some control voluntarily right 00:19:13.409 --> 00:19:15.860 align:start position:0% give up some control voluntarily right this<00:19:13.679> is<00:19:13.830> the<00:19:14.340> ability<00:19:14.549> we<00:19:15.029> would<00:19:15.390> need<00:19:15.570> that 00:19:15.860 --> 00:19:15.870 align:start position:0% this is the ability we would need that 00:19:15.870 --> 00:19:17.720 align:start position:0% this is the ability we would need that for<00:19:16.169> something<00:19:16.500> like<00:19:16.649> liquid<00:19:17.010> democracy<00:19:17.610> that 00:19:17.720 --> 00:19:17.730 align:start position:0% for something like liquid democracy that 00:19:17.730 --> 00:19:19.549 align:start position:0% for something like liquid democracy that we<00:19:17.820> want<00:19:18.000> to<00:19:18.090> do<00:19:18.149> right<00:19:18.360> the<00:19:18.510> ability<00:19:18.929> to<00:19:19.409> have 00:19:19.549 --> 00:19:19.559 align:start position:0% we want to do right the ability to have 00:19:19.559 --> 00:19:20.779 align:start position:0% we want to do right the ability to have somebody<00:19:19.860> do<00:19:19.980> something<00:19:20.279> on<00:19:20.370> your<00:19:20.490> behalf 00:19:20.779 --> 00:19:20.789 align:start position:0% somebody do something on your behalf 00:19:20.789 --> 00:19:23.570 align:start position:0% somebody do something on your behalf right<00:19:21.029> so<00:19:21.659> in<00:19:22.020> these<00:19:22.500> situations<00:19:22.770> the 00:19:23.570 --> 00:19:23.580 align:start position:0% right so in these situations the 00:19:23.580 --> 00:19:25.039 align:start position:0% right so in these situations the identity<00:19:24.000> and<00:19:24.090> just<00:19:24.270> needs<00:19:24.450> to<00:19:24.539> have<00:19:24.720> the<00:19:24.840> most 00:19:25.039 --> 00:19:25.049 align:start position:0% identity and just needs to have the most 00:19:25.049 --> 00:19:26.870 align:start position:0% identity and just needs to have the most control<00:19:25.380> over<00:19:25.590> any<00:19:26.100> of<00:19:26.190> these<00:19:26.340> interactions 00:19:26.870 --> 00:19:26.880 align:start position:0% control over any of these interactions 00:19:26.880 --> 00:19:29.659 align:start position:0% control over any of these interactions when<00:19:27.299> Facebook<00:19:27.720> issues<00:19:28.350> you<00:19:28.590> an<00:19:28.740> identity<00:19:29.429> and 00:19:29.659 --> 00:19:29.669 align:start position:0% when Facebook issues you an identity and 00:19:29.669 --> 00:19:32.360 align:start position:0% when Facebook issues you an identity and identifiers<00:19:30.440> they<00:19:31.440> have<00:19:31.860> the<00:19:32.010> most<00:19:32.130> control 00:19:32.360 --> 00:19:32.370 align:start position:0% identifiers they have the most control 00:19:32.370 --> 00:19:34.880 align:start position:0% identifiers they have the most control you<00:19:33.000> have<00:19:33.240> some<00:19:33.480> control<00:19:33.809> but<00:19:34.500> they<00:19:34.620> have<00:19:34.770> the 00:19:34.880 --> 00:19:34.890 align:start position:0% you have some control but they have the 00:19:34.890 --> 00:19:39.169 align:start position:0% you have some control but they have the most<00:19:35.070> we<00:19:35.370> have<00:19:35.490> to<00:19:35.640> flip<00:19:36.120> that<00:19:36.270> paradigm<00:19:38.179> so 00:19:39.169 --> 00:19:39.179 align:start position:0% most we have to flip that paradigm so 00:19:39.179 --> 00:19:41.240 align:start position:0% most we have to flip that paradigm so there's<00:19:39.390> kind<00:19:39.690> of<00:19:39.750> these<00:19:40.320> principles<00:19:40.890> that 00:19:41.240 --> 00:19:41.250 align:start position:0% there's kind of these principles that 00:19:41.250 --> 00:19:43.580 align:start position:0% there's kind of these principles that were<00:19:41.399> put<00:19:42.090> forth<00:19:42.330> by<00:19:42.419> Christopher<00:19:43.169> Alan<00:19:43.440> and 00:19:43.580 --> 00:19:43.590 align:start position:0% were put forth by Christopher Alan and 00:19:43.590 --> 00:19:46.730 align:start position:0% were put forth by Christopher Alan and identity<00:19:44.010> researcher<00:19:44.490> that<00:19:44.610> I<00:19:44.669> liked<00:19:45.590> I'm<00:19:46.590> not 00:19:46.730 --> 00:19:46.740 align:start position:0% identity researcher that I liked I'm not 00:19:46.740 --> 00:19:48.289 align:start position:0% identity researcher that I liked I'm not gonna<00:19:46.890> go<00:19:46.980> through<00:19:47.159> them<00:19:47.250> all<00:19:47.309> and<00:19:47.520> explain 00:19:48.289 --> 00:19:48.299 align:start position:0% gonna go through them all and explain 00:19:48.299 --> 00:19:50.870 align:start position:0% gonna go through them all and explain them<00:19:48.480> but<00:19:49.049> you<00:19:49.559> can<00:19:49.679> see<00:19:49.860> this<00:19:49.980> list<00:19:50.250> the<00:19:50.640> two 00:19:50.870 --> 00:19:50.880 align:start position:0% them but you can see this list the two 00:19:50.880 --> 00:19:54.320 align:start position:0% them but you can see this list the two that<00:19:52.159> two<00:19:53.159> of<00:19:53.279> the<00:19:53.399> technologies<00:19:53.909> we<00:19:54.029> have<00:19:54.059> now 00:19:54.320 --> 00:19:54.330 align:start position:0% that two of the technologies we have now 00:19:54.330 --> 00:19:56.690 align:start position:0% that two of the technologies we have now Bitcoin<00:19:54.809> and<00:19:55.110> aetherium<00:19:55.710> address<00:19:56.309> and 00:19:56.690 --> 00:19:56.700 align:start position:0% Bitcoin and aetherium address and 00:19:56.700 --> 00:19:58.880 align:start position:0% Bitcoin and aetherium address and fulfill<00:19:57.539> some<00:19:57.899> of<00:19:57.929> these<00:19:58.110> principles<00:19:58.500> in 00:19:58.880 --> 00:19:58.890 align:start position:0% fulfill some of these principles in 00:19:58.890 --> 00:20:00.620 align:start position:0% fulfill some of these principles in different<00:19:59.280> ways<00:19:59.399> and<00:19:59.640> the<00:20:00.179> last<00:20:00.360> two 00:20:00.620 --> 00:20:00.630 align:start position:0% different ways and the last two 00:20:00.630 --> 00:20:01.970 align:start position:0% different ways and the last two minimization<00:20:01.440> and 00:20:01.970 --> 00:20:01.980 align:start position:0% minimization and 00:20:01.980 --> 00:20:03.860 align:start position:0% minimization and tection<00:20:02.340> are<00:20:02.520> largely<00:20:03.090> what<00:20:03.299> this<00:20:03.419> talk<00:20:03.660> is 00:20:03.860 --> 00:20:03.870 align:start position:0% tection are largely what this talk is 00:20:03.870 --> 00:20:06.440 align:start position:0% tection are largely what this talk is about<00:20:04.169> and<00:20:04.679> that's<00:20:05.010> that<00:20:05.220> last<00:20:05.460> piece<00:20:05.970> kind<00:20:06.360> of 00:20:06.440 --> 00:20:06.450 align:start position:0% about and that's that last piece kind of 00:20:06.450 --> 00:20:08.419 align:start position:0% about and that's that last piece kind of a<00:20:06.510> self<00:20:06.780> sovereign<00:20:07.110> identity<00:20:07.530> that<00:20:07.710> we<00:20:07.830> that's 00:20:08.419 --> 00:20:08.429 align:start position:0% a self sovereign identity that we that's 00:20:08.429 --> 00:20:10.190 align:start position:0% a self sovereign identity that we that's really<00:20:08.820> critical<00:20:09.030> to<00:20:09.480> figure<00:20:09.780> out<00:20:09.929> it<00:20:10.080> can 00:20:10.190 --> 00:20:10.200 align:start position:0% really critical to figure out it can 00:20:10.200 --> 00:20:12.730 align:start position:0% really critical to figure out it can make<00:20:10.380> or<00:20:10.530> break<00:20:10.710> this<00:20:11.040> whole<00:20:11.250> thing<00:20:11.630> so 00:20:12.730 --> 00:20:12.740 align:start position:0% make or break this whole thing so 00:20:12.740 --> 00:20:17.390 align:start position:0% make or break this whole thing so Bitcoin<00:20:13.740> what<00:20:14.549> did<00:20:14.850> it<00:20:15.150> do<00:20:15.929> -<00:20:16.500> I<00:20:16.919> just<00:20:17.160> want<00:20:17.309> to 00:20:17.390 --> 00:20:17.400 align:start position:0% Bitcoin what did it do - I just want to 00:20:17.400 --> 00:20:20.330 align:start position:0% Bitcoin what did it do - I just want to recap<00:20:17.700> what<00:20:18.150> it<00:20:18.240> kind<00:20:18.450> of<00:20:18.510> did<00:20:18.840> in<00:20:19.290> moving<00:20:20.040> self 00:20:20.330 --> 00:20:20.340 align:start position:0% recap what it kind of did in moving self 00:20:20.340 --> 00:20:21.770 align:start position:0% recap what it kind of did in moving self sovereign<00:20:20.610> identity<00:20:21.030> for<00:20:21.210> because<00:20:21.510> it<00:20:21.630> did 00:20:21.770 --> 00:20:21.780 align:start position:0% sovereign identity for because it did 00:20:21.780 --> 00:20:24.830 align:start position:0% sovereign identity for because it did some<00:20:22.020> important<00:20:23.010> things<00:20:23.100> it<00:20:23.460> made<00:20:23.840> existence 00:20:24.830 --> 00:20:24.840 align:start position:0% some important things it made existence 00:20:24.840 --> 00:20:27.470 align:start position:0% some important things it made existence go<00:20:25.350> up<00:20:25.530> right<00:20:25.830> you<00:20:26.220> could<00:20:26.429> generate<00:20:26.669> a<00:20:26.910> key<00:20:27.240> on 00:20:27.470 --> 00:20:27.480 align:start position:0% go up right you could generate a key on 00:20:27.480 --> 00:20:29.270 align:start position:0% go up right you could generate a key on your<00:20:27.929> side<00:20:28.260> you<00:20:28.440> didn't<00:20:28.620> have<00:20:28.710> to<00:20:28.830> ask<00:20:28.950> anybody 00:20:29.270 --> 00:20:29.280 align:start position:0% your side you didn't have to ask anybody 00:20:29.280 --> 00:20:33.440 align:start position:0% your side you didn't have to ask anybody that<00:20:31.160> gave<00:20:32.160> you<00:20:32.309> control<00:20:32.760> the<00:20:33.090> ability<00:20:33.299> to 00:20:33.440 --> 00:20:33.450 align:start position:0% that gave you control the ability to 00:20:33.450 --> 00:20:35.120 align:start position:0% that gave you control the ability to generate<00:20:33.900> your<00:20:34.020> own<00:20:34.080> identity<00:20:34.650> means<00:20:34.890> you're 00:20:35.120 --> 00:20:35.130 align:start position:0% generate your own identity means you're 00:20:35.130 --> 00:20:38.360 align:start position:0% generate your own identity means you're in<00:20:35.220> control<00:20:35.520> of<00:20:35.700> it<00:20:35.790> and<00:20:36.000> that<00:20:36.559> that<00:20:37.559> fulfills 00:20:38.360 --> 00:20:38.370 align:start position:0% in control of it and that that fulfills 00:20:38.370 --> 00:20:40.820 align:start position:0% in control of it and that that fulfills one<00:20:38.640> of<00:20:38.730> the<00:20:38.820> principles<00:20:39.830> transparency 00:20:40.820 --> 00:20:40.830 align:start position:0% one of the principles transparency 00:20:40.830 --> 00:20:43.250 align:start position:0% one of the principles transparency because<00:20:41.160> it's<00:20:41.340> the<00:20:41.640> we<00:20:42.150> have<00:20:42.299> our<00:20:42.330> immutable 00:20:43.250 --> 00:20:43.260 align:start position:0% because it's the we have our immutable 00:20:43.260 --> 00:20:45.440 align:start position:0% because it's the we have our immutable ledger<00:20:43.440> that<00:20:43.830> everybody<00:20:44.130> shares<00:20:44.400> you<00:20:45.299> have 00:20:45.440 --> 00:20:45.450 align:start position:0% ledger that everybody shares you have 00:20:45.450 --> 00:20:48.770 align:start position:0% ledger that everybody shares you have transparency<00:20:46.169> over<00:20:47.210> how<00:20:48.210> many<00:20:48.360> identities 00:20:48.770 --> 00:20:48.780 align:start position:0% transparency over how many identities 00:20:48.780 --> 00:20:50.419 align:start position:0% transparency over how many identities are<00:20:48.990> in<00:20:49.049> the<00:20:49.140> system<00:20:49.350> and<00:20:49.799> some<00:20:50.100> level<00:20:50.340> of 00:20:50.419 --> 00:20:50.429 align:start position:0% are in the system and some level of 00:20:50.429 --> 00:20:53.900 align:start position:0% are in the system and some level of transparency<00:20:50.640> of<00:20:51.799> what<00:20:52.799> is<00:20:53.010> happening<00:20:53.460> with 00:20:53.900 --> 00:20:53.910 align:start position:0% transparency of what is happening with 00:20:53.910 --> 00:20:56.419 align:start position:0% transparency of what is happening with those<00:20:54.179> identities<00:20:54.990> which<00:20:55.679> transparency 00:20:56.419 --> 00:20:56.429 align:start position:0% those identities which transparency 00:20:56.429 --> 00:21:00.260 align:start position:0% those identities which transparency again<00:20:56.760> it<00:20:57.450> kind<00:20:57.809> of<00:20:58.610> conflicts<00:20:59.610> with<00:20:59.820> privacy 00:21:00.260 --> 00:21:00.270 align:start position:0% again it kind of conflicts with privacy 00:21:00.270 --> 00:21:02.780 align:start position:0% again it kind of conflicts with privacy right<00:21:00.570> so<00:21:01.380> that's<00:21:01.950> that<00:21:02.220> delicate<00:21:02.760> balance 00:21:02.780 --> 00:21:02.790 align:start position:0% right so that's that delicate balance 00:21:02.790 --> 00:21:05.030 align:start position:0% right so that's that delicate balance and<00:21:03.480> I'll<00:21:03.929> get<00:21:04.169> to<00:21:04.200> it<00:21:04.380> in<00:21:04.470> a<00:21:04.500> second<00:21:04.890> but<00:21:04.919> I 00:21:05.030 --> 00:21:05.040 align:start position:0% and I'll get to it in a second but I 00:21:05.040 --> 00:21:06.980 align:start position:0% and I'll get to it in a second but I think<00:21:05.400> that's<00:21:05.580> something<00:21:05.850> that<00:21:06.059> we<00:21:06.330> can<00:21:06.510> we 00:21:06.980 --> 00:21:06.990 align:start position:0% think that's something that we can we 00:21:06.990 --> 00:21:10.850 align:start position:0% think that's something that we can we can<00:21:07.020> address<00:21:07.440> at<00:21:07.799> the<00:21:08.130> UX<00:21:08.490> level<00:21:09.140> and<00:21:10.140> then 00:21:10.850 --> 00:21:10.860 align:start position:0% can address at the UX level and then 00:21:10.860 --> 00:21:12.409 align:start position:0% can address at the UX level and then persistence<00:21:11.429> the<00:21:11.700> ability<00:21:11.970> to<00:21:12.059> not<00:21:12.299> be 00:21:12.409 --> 00:21:12.419 align:start position:0% persistence the ability to not be 00:21:12.419 --> 00:21:14.690 align:start position:0% persistence the ability to not be deleted<00:21:12.870> from<00:21:13.169> that<00:21:13.470> ledger<00:21:13.679> not<00:21:14.010> be<00:21:14.190> censored 00:21:14.690 --> 00:21:14.700 align:start position:0% deleted from that ledger not be censored 00:21:14.700 --> 00:21:17.360 align:start position:0% deleted from that ledger not be censored not<00:21:14.970> be<00:21:15.169> kicked<00:21:16.169> you<00:21:16.350> know<00:21:16.470> you<00:21:16.530> can<00:21:16.770> be<00:21:16.890> kicked 00:21:17.360 --> 00:21:17.370 align:start position:0% not be kicked you know you can be kicked 00:21:17.370 --> 00:21:19.130 align:start position:0% not be kicked you know you can be kicked off<00:21:17.520> a<00:21:17.580> Facebook<00:21:18.059> or<00:21:18.179> Twitter<00:21:18.330> and<00:21:18.570> everything 00:21:19.130 --> 00:21:19.140 align:start position:0% off a Facebook or Twitter and everything 00:21:19.140 --> 00:21:21.830 align:start position:0% off a Facebook or Twitter and everything you've<00:21:19.410> done<00:21:19.590> there<00:21:19.799> is<00:21:20.640> gone<00:21:20.850> and<00:21:21.090> for<00:21:21.690> some 00:21:21.830 --> 00:21:21.840 align:start position:0% you've done there is gone and for some 00:21:21.840 --> 00:21:23.570 align:start position:0% you've done there is gone and for some people<00:21:21.960> that's<00:21:22.200> a<00:21:22.440> really<00:21:22.679> big<00:21:22.890> deal<00:21:23.280> that's<00:21:23.520> a 00:21:23.570 --> 00:21:23.580 align:start position:0% people that's a really big deal that's a 00:21:23.580 --> 00:21:25.850 align:start position:0% people that's a really big deal that's a huge<00:21:23.790> part<00:21:24.150> of<00:21:24.299> their<00:21:24.540> economic<00:21:24.720> viability<00:21:25.290> in 00:21:25.850 --> 00:21:25.860 align:start position:0% huge part of their economic viability in 00:21:25.860 --> 00:21:29.690 align:start position:0% huge part of their economic viability in the<00:21:26.280> world<00:21:27.260> so<00:21:28.260> then<00:21:28.410> we<00:21:28.530> have<00:21:28.679> aetherium<00:21:29.370> and 00:21:29.690 --> 00:21:29.700 align:start position:0% the world so then we have aetherium and 00:21:29.700 --> 00:21:31.490 align:start position:0% the world so then we have aetherium and that<00:21:30.390> brought<00:21:30.570> us<00:21:30.690> smart<00:21:30.929> contracts<00:21:31.320> and<00:21:31.440> that 00:21:31.490 --> 00:21:31.500 align:start position:0% that brought us smart contracts and that 00:21:31.500 --> 00:21:32.870 align:start position:0% that brought us smart contracts and that did<00:21:31.650> some<00:21:31.830> more<00:21:31.950> things<00:21:32.220> that<00:21:32.580> fulfilled 00:21:32.870 --> 00:21:32.880 align:start position:0% did some more things that fulfilled 00:21:32.880 --> 00:21:34.850 align:start position:0% did some more things that fulfilled these<00:21:33.000> principles<00:21:33.410> it<00:21:34.410> gave<00:21:34.590> us<00:21:34.679> the<00:21:34.770> ability 00:21:34.850 --> 00:21:34.860 align:start position:0% these principles it gave us the ability 00:21:34.860 --> 00:21:38.960 align:start position:0% these principles it gave us the ability to<00:21:35.160> access<00:21:35.610> other<00:21:36.590> identities<00:21:37.590> in<00:21:38.520> a<00:21:38.669> in<00:21:38.910> a 00:21:38.960 --> 00:21:38.970 align:start position:0% to access other identities in a in a 00:21:38.970 --> 00:21:42.530 align:start position:0% to access other identities in a in a more<00:21:39.120> complex<00:21:39.570> way<00:21:40.549> then<00:21:41.549> it<00:21:42.120> gave<00:21:42.330> us<00:21:42.360> the 00:21:42.530 --> 00:21:42.540 align:start position:0% more complex way then it gave us the 00:21:42.540 --> 00:21:44.060 align:start position:0% more complex way then it gave us the ability<00:21:42.660> to<00:21:42.809> consent<00:21:43.320> to<00:21:43.530> certain<00:21:43.919> things 00:21:44.060 --> 00:21:44.070 align:start position:0% ability to consent to certain things 00:21:44.070 --> 00:21:46.299 align:start position:0% ability to consent to certain things perform<00:21:44.640> a<00:21:44.790> variation<00:21:45.480> of<00:21:45.630> different<00:21:45.780> actions 00:21:46.299 --> 00:21:46.309 align:start position:0% perform a variation of different actions 00:21:46.309 --> 00:21:51.080 align:start position:0% perform a variation of different actions on<00:21:47.309> the<00:21:48.000> data<00:21:48.210> and<00:21:48.540> and<00:21:48.840> and<00:21:49.850> broadcast<00:21:50.850> our 00:21:51.080 --> 00:21:51.090 align:start position:0% on the data and and and broadcast our 00:21:51.090 --> 00:21:54.159 align:start position:0% on the data and and and broadcast our intents<00:21:51.570> about<00:21:51.840> our<00:21:52.049> actions<00:21:52.470> to<00:21:53.100> the<00:21:53.190> world 00:21:54.159 --> 00:21:54.169 align:start position:0% intents about our actions to the world 00:21:54.169 --> 00:21:56.390 align:start position:0% intents about our actions to the world portability<00:21:55.169> it<00:21:55.470> gave<00:21:55.830> us<00:21:55.950> the<00:21:56.070> ability<00:21:56.130> to 00:21:56.390 --> 00:21:56.400 align:start position:0% portability it gave us the ability to 00:21:56.400 --> 00:21:58.130 align:start position:0% portability it gave us the ability to you<00:21:56.640> know<00:21:56.669> we've<00:21:57.000> done<00:21:57.600> a<00:21:57.660> bunch<00:21:57.809> of<00:21:57.900> stuff 00:21:58.130 --> 00:21:58.140 align:start position:0% you know we've done a bunch of stuff 00:21:58.140 --> 00:22:00.049 align:start position:0% you know we've done a bunch of stuff with<00:21:58.350> linking<00:21:59.190> smart<00:21:59.490> contracts<00:21:59.910> together 00:22:00.049 --> 00:22:00.059 align:start position:0% with linking smart contracts together 00:22:00.059 --> 00:22:04.159 align:start position:0% with linking smart contracts together and<00:22:01.580> storing<00:22:02.580> lots<00:22:02.970> of<00:22:03.120> keys<00:22:03.390> and<00:22:03.720> in 00:22:04.159 --> 00:22:04.169 align:start position:0% and storing lots of keys and in 00:22:04.169 --> 00:22:06.110 align:start position:0% and storing lots of keys and in controller<00:22:04.710> contracts<00:22:05.250> or<00:22:05.429> registries<00:22:05.910> and 00:22:06.110 --> 00:22:06.120 align:start position:0% controller contracts or registries and 00:22:06.120 --> 00:22:08.750 align:start position:0% controller contracts or registries and this<00:22:06.510> gives<00:22:06.750> us<00:22:06.900> this<00:22:07.110> ability<00:22:07.260> to<00:22:07.590> move<00:22:08.070> data 00:22:08.750 --> 00:22:08.760 align:start position:0% this gives us this ability to move data 00:22:08.760 --> 00:22:11.419 align:start position:0% this gives us this ability to move data around<00:22:09.470> but<00:22:10.470> keep<00:22:10.650> that<00:22:10.830> persistent 00:22:11.419 --> 00:22:11.429 align:start position:0% around but keep that persistent 00:22:11.429 --> 00:22:13.610 align:start position:0% around but keep that persistent identifier<00:22:11.970> and<00:22:12.179> then<00:22:12.780> interoperability 00:22:13.610 --> 00:22:13.620 align:start position:0% identifier and then interoperability 00:22:13.620 --> 00:22:15.470 align:start position:0% identifier and then interoperability when<00:22:14.460> we 00:22:15.470 --> 00:22:15.480 align:start position:0% when we 00:22:15.480 --> 00:22:16.820 align:start position:0% when we when<00:22:15.630> we<00:22:15.779> that's<00:22:16.230> why<00:22:16.380> we<00:22:16.470> want<00:22:16.649> to<00:22:16.679> establish 00:22:16.820 --> 00:22:16.830 align:start position:0% when we that's why we want to establish 00:22:16.830 --> 00:22:19.490 align:start position:0% when we that's why we want to establish kind<00:22:17.519> of<00:22:17.669> a<00:22:17.850> standard<00:22:18.480> way<00:22:18.539> of<00:22:18.720> doing<00:22:19.230> this 00:22:19.490 --> 00:22:19.500 align:start position:0% kind of a standard way of doing this 00:22:19.500 --> 00:22:21.980 align:start position:0% kind of a standard way of doing this so<00:22:19.710> that<00:22:19.980> we<00:22:20.850> have<00:22:21.090> this<00:22:21.269> interoperability 00:22:21.980 --> 00:22:21.990 align:start position:0% so that we have this interoperability 00:22:21.990 --> 00:22:24.350 align:start position:0% so that we have this interoperability and<00:22:22.440> and<00:22:22.860> what<00:22:23.279> the<00:22:23.429> theorem<00:22:23.730> has<00:22:23.880> done<00:22:24.090> with 00:22:24.350 --> 00:22:24.360 align:start position:0% and and what the theorem has done with 00:22:24.360 --> 00:22:27.169 align:start position:0% and and what the theorem has done with smart<00:22:25.139> contracts<00:22:25.559> and<00:22:25.710> us<00:22:25.799> all<00:22:26.059> having<00:22:27.059> the 00:22:27.169 --> 00:22:27.179 align:start position:0% smart contracts and us all having the 00:22:27.179 --> 00:22:29.860 align:start position:0% smart contracts and us all having the same<00:22:27.389> protocol<00:22:27.980> has<00:22:28.980> been<00:22:29.220> great<00:22:29.460> for 00:22:29.860 --> 00:22:29.870 align:start position:0% same protocol has been great for 00:22:29.870 --> 00:22:32.269 align:start position:0% same protocol has been great for interoperability<00:22:30.870> so<00:22:31.500> that's<00:22:31.649> good<00:22:31.860> and<00:22:32.039> like 00:22:32.269 --> 00:22:32.279 align:start position:0% interoperability so that's good and like 00:22:32.279 --> 00:22:34.190 align:start position:0% interoperability so that's good and like I<00:22:32.399> said<00:22:32.460> the<00:22:32.760> last<00:22:32.880> two<00:22:33.090> things<00:22:33.269> left<00:22:33.539> are<00:22:33.750> this 00:22:34.190 --> 00:22:34.200 align:start position:0% I said the last two things left are this 00:22:34.200 --> 00:22:37.669 align:start position:0% I said the last two things left are this minimization<00:22:34.830> minimization<00:22:35.789> is<00:22:35.970> a<00:22:36.679> principle 00:22:37.669 --> 00:22:37.679 align:start position:0% minimization minimization is a principle 00:22:37.679 --> 00:22:41.450 align:start position:0% minimization minimization is a principle that<00:22:37.830> when<00:22:38.429> I<00:22:38.730> share<00:22:39.120> information<00:22:39.980> with<00:22:40.980> you<00:22:41.250> I 00:22:41.450 --> 00:22:41.460 align:start position:0% that when I share information with you I 00:22:41.460 --> 00:22:45.259 align:start position:0% that when I share information with you I just<00:22:42.149> need<00:22:42.299> to<00:22:42.389> share<00:22:42.600> the<00:22:43.639> very<00:22:44.639> minimum 00:22:45.259 --> 00:22:45.269 align:start position:0% just need to share the very minimum 00:22:45.269 --> 00:22:48.080 align:start position:0% just need to share the very minimum amount<00:22:45.750> of<00:22:45.960> information<00:22:46.230> that<00:22:46.710> is<00:22:47.039> needed<00:22:47.279> to 00:22:48.080 --> 00:22:48.090 align:start position:0% amount of information that is needed to 00:22:48.090 --> 00:22:50.120 align:start position:0% amount of information that is needed to reduce<00:22:48.269> the<00:22:48.600> friction<00:22:48.809> in<00:22:49.169> our<00:22:49.440> interaction 00:22:50.120 --> 00:22:50.130 align:start position:0% reduce the friction in our interaction 00:22:50.130 --> 00:22:53.509 align:start position:0% reduce the friction in our interaction and<00:22:50.720> the<00:22:51.720> the<00:22:52.019> classic<00:22:52.409> example<00:22:52.830> is<00:22:52.919> going<00:22:53.399> to 00:22:53.509 --> 00:22:53.519 align:start position:0% and the the classic example is going to 00:22:53.519 --> 00:22:55.759 align:start position:0% and the the classic example is going to a<00:22:53.549> bar<00:22:53.789> you<00:22:54.450> want<00:22:54.600> to<00:22:54.690> prove<00:22:55.139> that<00:22:55.200> you're<00:22:55.440> 21 00:22:55.759 --> 00:22:55.769 align:start position:0% a bar you want to prove that you're 21 00:22:55.769 --> 00:22:57.919 align:start position:0% a bar you want to prove that you're 21 you<00:22:56.340> just<00:22:56.490> need<00:22:56.610> to<00:22:56.669> prove<00:22:56.940> that<00:22:56.970> you're<00:22:57.330> 21 00:22:57.919 --> 00:22:57.929 align:start position:0% you just need to prove that you're 21 00:22:57.929 --> 00:22:59.870 align:start position:0% you just need to prove that you're 21 hey<00:22:58.139> the<00:22:58.649> bouncer<00:22:58.950> does<00:22:59.130> not<00:22:59.340> need<00:22:59.580> to<00:22:59.760> know 00:22:59.870 --> 00:22:59.880 align:start position:0% hey the bouncer does not need to know 00:22:59.880 --> 00:23:02.750 align:start position:0% hey the bouncer does not need to know your<00:23:00.149> full<00:23:00.330> name<00:23:00.360> your<00:23:00.840> birthdate<00:23:01.760> your 00:23:02.750 --> 00:23:02.760 align:start position:0% your full name your birthdate your 00:23:02.760 --> 00:23:05.899 align:start position:0% your full name your birthdate your address<00:23:03.269> your<00:23:04.139> picture<00:23:04.559> your<00:23:05.399> height<00:23:05.669> your 00:23:05.899 --> 00:23:05.909 align:start position:0% address your picture your height your 00:23:05.909 --> 00:23:10.419 align:start position:0% address your picture your height your weight<00:23:05.940> whatever<00:23:06.419> else<00:23:06.720> is<00:23:06.870> on<00:23:06.960> there<00:23:08.750> that<00:23:09.750> is 00:23:10.419 --> 00:23:10.429 align:start position:0% weight whatever else is on there that is 00:23:10.429 --> 00:23:13.129 align:start position:0% weight whatever else is on there that is over<00:23:11.429> sharing<00:23:11.760> and<00:23:11.970> that's<00:23:12.120> not<00:23:12.480> consistent 00:23:13.129 --> 00:23:13.139 align:start position:0% over sharing and that's not consistent 00:23:13.139 --> 00:23:14.810 align:start position:0% over sharing and that's not consistent with<00:23:13.200> these<00:23:13.409> principles<00:23:13.740> of<00:23:14.010> minimization<00:23:14.460> so 00:23:14.810 --> 00:23:14.820 align:start position:0% with these principles of minimization so 00:23:14.820 --> 00:23:18.620 align:start position:0% with these principles of minimization so we<00:23:14.880> need<00:23:15.000> that<00:23:15.120> flexibility<00:23:15.929> and<00:23:17.179> ID<00:23:18.179> cards 00:23:18.620 --> 00:23:18.630 align:start position:0% we need that flexibility and ID cards 00:23:18.630 --> 00:23:20.570 align:start position:0% we need that flexibility and ID cards are<00:23:18.750> not<00:23:18.929> flexible<00:23:19.500> they<00:23:19.710> have<00:23:20.130> that<00:23:20.460> you 00:23:20.570 --> 00:23:20.580 align:start position:0% are not flexible they have that you 00:23:20.580 --> 00:23:23.060 align:start position:0% are not flexible they have that you can't<00:23:20.850> you<00:23:21.090> can't<00:23:21.299> dynamically<00:23:22.049> augment<00:23:22.889> the 00:23:23.060 --> 00:23:23.070 align:start position:0% can't you can't dynamically augment the 00:23:23.070 --> 00:23:25.610 align:start position:0% can't you can't dynamically augment the information<00:23:23.610> on<00:23:23.789> a<00:23:23.850> physical<00:23:24.330> card<00:23:24.809> right<00:23:25.110> so 00:23:25.610 --> 00:23:25.620 align:start position:0% information on a physical card right so 00:23:25.620 --> 00:23:28.490 align:start position:0% information on a physical card right so that's<00:23:26.159> why<00:23:26.570> and<00:23:27.570> the<00:23:27.899> same<00:23:28.049> thing<00:23:28.260> kind<00:23:28.380> of 00:23:28.490 --> 00:23:28.500 align:start position:0% that's why and the same thing kind of 00:23:28.500 --> 00:23:30.889 align:start position:0% that's why and the same thing kind of happens<00:23:28.769> in<00:23:29.039> in<00:23:29.580> in<00:23:30.090> facebook<00:23:30.480> when<00:23:30.630> you<00:23:30.720> hit 00:23:30.889 --> 00:23:30.899 align:start position:0% happens in in in facebook when you hit 00:23:30.899 --> 00:23:32.450 align:start position:0% happens in in in facebook when you hit login<00:23:31.200> with<00:23:31.440> Facebook<00:23:31.799> you<00:23:31.830> hit<00:23:32.039> share<00:23:32.309> my 00:23:32.450 --> 00:23:32.460 align:start position:0% login with Facebook you hit share my 00:23:32.460 --> 00:23:35.570 align:start position:0% login with Facebook you hit share my information<00:23:32.610> this<00:23:33.510> is<00:23:33.720> this<00:23:34.380> is<00:23:34.590> where<00:23:34.769> the<00:23:35.250> UX 00:23:35.570 --> 00:23:35.580 align:start position:0% information this is this is where the UX 00:23:35.580 --> 00:23:37.519 align:start position:0% information this is this is where the UX becomes<00:23:35.970> important<00:23:36.330> because<00:23:36.360> we<00:23:36.630> all<00:23:36.659> over 00:23:37.519 --> 00:23:37.529 align:start position:0% becomes important because we all over 00:23:37.529 --> 00:23:40.669 align:start position:0% becomes important because we all over share<00:23:38.010> every<00:23:38.730> time<00:23:38.940> we<00:23:39.149> do<00:23:39.269> that<00:23:39.450> right<00:23:39.750> we<00:23:40.289> say 00:23:40.669 --> 00:23:40.679 align:start position:0% share every time we do that right we say 00:23:40.679 --> 00:23:43.190 align:start position:0% share every time we do that right we say you<00:23:40.740> get<00:23:41.190> access<00:23:41.610> to<00:23:41.639> our<00:23:41.789> contacts<00:23:42.600> get 00:23:43.190 --> 00:23:43.200 align:start position:0% you get access to our contacts get 00:23:43.200 --> 00:23:46.070 align:start position:0% you get access to our contacts get access<00:23:43.649> to<00:23:43.679> all<00:23:44.250> of<00:23:44.279> our<00:23:44.429> friends<00:23:45.029> and<00:23:45.330> that's 00:23:46.070 --> 00:23:46.080 align:start position:0% access to all of our friends and that's 00:23:46.080 --> 00:23:47.570 align:start position:0% access to all of our friends and that's what<00:23:46.230> the<00:23:46.320> Cambridge<00:23:46.649> analytical<00:23:47.220> thing<00:23:47.370> was 00:23:47.570 --> 00:23:47.580 align:start position:0% what the Cambridge analytical thing was 00:23:47.580 --> 00:23:50.029 align:start position:0% what the Cambridge analytical thing was they<00:23:47.820> didn't<00:23:48.029> actually<00:23:48.149> do<00:23:48.539> anything<00:23:49.039> they've 00:23:50.029 --> 00:23:50.039 align:start position:0% they didn't actually do anything they've 00:23:50.039 --> 00:23:51.830 align:start position:0% they didn't actually do anything they've done<00:23:50.460> a<00:23:50.490> couple<00:23:50.850> of<00:23:51.029> illegal<00:23:51.360> things<00:23:51.539> they<00:23:51.690> did 00:23:51.830 --> 00:23:51.840 align:start position:0% done a couple of illegal things they did 00:23:51.840 --> 00:23:53.690 align:start position:0% done a couple of illegal things they did a<00:23:51.870> lot<00:23:52.110> of<00:23:52.139> unethical<00:23:52.440> things<00:23:52.860> and<00:23:53.100> one<00:23:53.580> of 00:23:53.690 --> 00:23:53.700 align:start position:0% a lot of unethical things and one of 00:23:53.700 --> 00:23:56.779 align:start position:0% a lot of unethical things and one of those<00:23:53.789> things<00:23:54.090> was<00:23:54.679> using<00:23:55.679> kind<00:23:55.919> of<00:23:56.010> UX<00:23:56.399> dark 00:23:56.779 --> 00:23:56.789 align:start position:0% those things was using kind of UX dark 00:23:56.789 --> 00:23:58.519 align:start position:0% those things was using kind of UX dark patterns<00:23:57.210> to<00:23:57.389> get<00:23:57.539> people<00:23:57.809> to<00:23:57.929> over<00:23:58.200> share<00:23:58.350> and 00:23:58.519 --> 00:23:58.529 align:start position:0% patterns to get people to over share and 00:23:58.529 --> 00:24:00.320 align:start position:0% patterns to get people to over share and consent<00:23:58.860> to<00:23:58.889> things<00:23:59.130> they<00:23:59.250> didn't<00:23:59.639> mean<00:24:00.299> to 00:24:00.320 --> 00:24:00.330 align:start position:0% consent to things they didn't mean to 00:24:00.330 --> 00:24:03.379 align:start position:0% consent to things they didn't mean to and<00:24:00.750> then<00:24:01.169> taking<00:24:01.440> advantage<00:24:01.529> of<00:24:01.950> that<00:24:02.100> and<00:24:03.029> so 00:24:03.379 --> 00:24:03.389 align:start position:0% and then taking advantage of that and so 00:24:03.389 --> 00:24:06.200 align:start position:0% and then taking advantage of that and so that<00:24:03.600> falls<00:24:04.019> on<00:24:04.260> designers<00:24:04.740> to<00:24:05.070> have<00:24:05.220> some 00:24:06.200 --> 00:24:06.210 align:start position:0% that falls on designers to have some 00:24:06.210 --> 00:24:08.720 align:start position:0% that falls on designers to have some perspective<00:24:06.720> and<00:24:07.200> some<00:24:07.380> ethics<00:24:07.860> around<00:24:08.100> how 00:24:08.720 --> 00:24:08.730 align:start position:0% perspective and some ethics around how 00:24:08.730 --> 00:24:10.759 align:start position:0% perspective and some ethics around how to<00:24:08.789> handle<00:24:09.389> the<00:24:09.809> sharing<00:24:10.110> of<00:24:10.169> data<00:24:10.320> and<00:24:10.649> the 00:24:10.759 --> 00:24:10.769 align:start position:0% to handle the sharing of data and the 00:24:10.769 --> 00:24:13.970 align:start position:0% to handle the sharing of data and the way<00:24:10.919> identities<00:24:11.850> take<00:24:12.059> actions<00:24:12.480> online<00:24:12.980> so 00:24:13.970 --> 00:24:13.980 align:start position:0% way identities take actions online so 00:24:13.980 --> 00:24:16.759 align:start position:0% way identities take actions online so what's<00:24:14.309> the<00:24:14.429> solution<00:24:14.580> well<00:24:15.389> at<00:24:15.510> U<00:24:15.630> port<00:24:15.929> we 00:24:16.759 --> 00:24:16.769 align:start position:0% what's the solution well at U port we 00:24:16.769 --> 00:24:19.850 align:start position:0% what's the solution well at U port we think<00:24:17.070> the<00:24:17.549> solution<00:24:18.019> for<00:24:19.019> a<00:24:19.049> lot<00:24:19.260> of<00:24:19.440> this<00:24:19.620> is 00:24:19.850 --> 00:24:19.860 align:start position:0% think the solution for a lot of this is 00:24:19.860 --> 00:24:23.240 align:start position:0% think the solution for a lot of this is this<00:24:20.610> idea<00:24:20.880> of<00:24:20.940> verifiable<00:24:21.779> off<00:24:22.110> chain<00:24:22.679> claims 00:24:23.240 --> 00:24:23.250 align:start position:0% this idea of verifiable off chain claims 00:24:23.250 --> 00:24:27.740 align:start position:0% this idea of verifiable off chain claims using<00:24:23.940> things<00:24:24.570> off<00:24:24.960> chain<00:24:25.500> that<00:24:26.330> are<00:24:27.330> signed 00:24:27.740 --> 00:24:27.750 align:start position:0% using things off chain that are signed 00:24:27.750 --> 00:24:29.299 align:start position:0% using things off chain that are signed by<00:24:27.990> your<00:24:28.379> identity<00:24:28.919> so 00:24:29.299 --> 00:24:29.309 align:start position:0% by your identity so 00:24:29.309 --> 00:24:30.919 align:start position:0% by your identity so they're<00:24:29.460> rooted<00:24:29.879> to<00:24:30.210> the<00:24:30.240> integrity<00:24:30.659> of 00:24:30.919 --> 00:24:30.929 align:start position:0% they're rooted to the integrity of 00:24:30.929 --> 00:24:33.019 align:start position:0% they're rooted to the integrity of aetherium<00:24:31.409> but<00:24:32.039> they<00:24:32.309> preserve<00:24:32.669> your<00:24:32.820> privacy 00:24:33.019 --> 00:24:33.029 align:start position:0% aetherium but they preserve your privacy 00:24:33.029 --> 00:24:35.119 align:start position:0% aetherium but they preserve your privacy while<00:24:33.539> still<00:24:33.899> maintaining<00:24:34.080> the<00:24:34.559> ability<00:24:34.769> to 00:24:35.119 --> 00:24:35.129 align:start position:0% while still maintaining the ability to 00:24:35.129 --> 00:24:37.220 align:start position:0% while still maintaining the ability to interact<00:24:35.460> with<00:24:35.730> other<00:24:36.059> identities<00:24:36.570> improve 00:24:37.220 --> 00:24:37.230 align:start position:0% interact with other identities improve 00:24:37.230 --> 00:24:38.600 align:start position:0% interact with other identities improve things<00:24:37.499> about<00:24:37.679> yourself<00:24:37.889> you're<00:24:38.340> able<00:24:38.429> to 00:24:38.600 --> 00:24:38.610 align:start position:0% things about yourself you're able to 00:24:38.610 --> 00:24:41.029 align:start position:0% things about yourself you're able to control<00:24:38.999> the<00:24:39.870> amount<00:24:40.110> of<00:24:40.350> data<00:24:40.529> you<00:24:40.769> share 00:24:41.029 --> 00:24:41.039 align:start position:0% control the amount of data you share 00:24:41.039 --> 00:24:42.769 align:start position:0% control the amount of data you share which<00:24:41.309> fulfills<00:24:41.700> the<00:24:41.850> minimization<00:24:42.269> and 00:24:42.769 --> 00:24:42.779 align:start position:0% which fulfills the minimization and 00:24:42.779 --> 00:24:44.360 align:start position:0% which fulfills the minimization and because<00:24:43.259> it's<00:24:43.409> off<00:24:43.559> chain<00:24:43.830> you<00:24:44.070> have<00:24:44.100> that 00:24:44.360 --> 00:24:44.370 align:start position:0% because it's off chain you have that 00:24:44.370 --> 00:24:47.269 align:start position:0% because it's off chain you have that privacy<00:24:44.669> and<00:24:44.999> you<00:24:45.809> have<00:24:46.230> more<00:24:46.649> protection 00:24:47.269 --> 00:24:47.279 align:start position:0% privacy and you have more protection 00:24:47.279 --> 00:24:50.269 align:start position:0% privacy and you have more protection over<00:24:47.519> your<00:24:47.669> identity<00:24:48.120> so<00:24:49.019> the<00:24:49.379> way<00:24:49.559> we<00:24:49.919> do<00:24:50.100> this 00:24:50.269 --> 00:24:50.279 align:start position:0% over your identity so the way we do this 00:24:50.279 --> 00:24:51.789 align:start position:0% over your identity so the way we do this is<00:24:50.519> supported<00:24:51.029> by<00:24:51.120> something<00:24:51.360> called 00:24:51.789 --> 00:24:51.799 align:start position:0% is supported by something called 00:24:51.799 --> 00:24:54.889 align:start position:0% is supported by something called decentralized<00:24:52.799> identifiers<00:24:53.610> x'<00:24:53.639> and<00:24:54.629> i<00:24:54.720> won't 00:24:54.889 --> 00:24:54.899 align:start position:0% decentralized identifiers x' and i won't 00:24:54.899 --> 00:24:57.259 align:start position:0% decentralized identifiers x' and i won't get<00:24:54.990> into<00:24:55.049> a<00:24:55.259> ton<00:24:55.559> of<00:24:55.590> the<00:24:55.769> tech<00:24:55.950> no<00:24:56.639> cool<00:24:56.999> part 00:24:57.259 --> 00:24:57.269 align:start position:0% get into a ton of the tech no cool part 00:24:57.269 --> 00:25:03.549 align:start position:0% get into a ton of the tech no cool part here<00:24:57.649> and<00:25:01.340> ok<00:25:02.340> well<00:25:02.610> I'll<00:25:02.820> go<00:25:02.940> fast 00:25:03.549 --> 00:25:03.559 align:start position:0% here and ok well I'll go fast 00:25:03.559 --> 00:25:05.810 align:start position:0% here and ok well I'll go fast decentralized<00:25:04.559> identifiers<00:25:05.070> x'<00:25:05.100> I<00:25:05.490> won't<00:25:05.730> get 00:25:05.810 --> 00:25:05.820 align:start position:0% decentralized identifiers x' I won't get 00:25:05.820 --> 00:25:08.749 align:start position:0% decentralized identifiers x' I won't get into<00:25:05.999> tech<00:25:06.600> but<00:25:06.899> suffice<00:25:07.679> it<00:25:07.740> to<00:25:07.889> say<00:25:07.980> it's 00:25:08.749 --> 00:25:08.759 align:start position:0% into tech but suffice it to say it's 00:25:08.759 --> 00:25:10.369 align:start position:0% into tech but suffice it to say it's this<00:25:08.850> long<00:25:09.090> string<00:25:09.809> it's<00:25:10.019> your<00:25:10.139> theory 00:25:10.369 --> 00:25:10.379 align:start position:0% this long string it's your theory 00:25:10.379 --> 00:25:14.139 align:start position:0% this long string it's your theory address<00:25:11.309> prepended<00:25:12.119> by<00:25:12.570> a<00:25:12.899> method<00:25:13.379> and 00:25:14.139 --> 00:25:14.149 align:start position:0% address prepended by a method and 00:25:14.149 --> 00:25:16.220 align:start position:0% address prepended by a method and basically<00:25:15.149> what<00:25:15.360> a<00:25:15.389> decentralized 00:25:16.220 --> 00:25:16.230 align:start position:0% basically what a decentralized 00:25:16.230 --> 00:25:19.070 align:start position:0% basically what a decentralized identifier<00:25:16.679> allows<00:25:16.860> us<00:25:17.039> to<00:25:17.159> do<00:25:17.340> is<00:25:18.049> create<00:25:19.049> a 00:25:19.070 --> 00:25:19.080 align:start position:0% identifier allows us to do is create a 00:25:19.080 --> 00:25:20.960 align:start position:0% identifier allows us to do is create a resolver<00:25:19.529> that<00:25:19.740> lives<00:25:19.889> somewhere<00:25:20.190> points<00:25:20.730> to 00:25:20.960 --> 00:25:20.970 align:start position:0% resolver that lives somewhere points to 00:25:20.970 --> 00:25:23.570 align:start position:0% resolver that lives somewhere points to where<00:25:21.240> your<00:25:21.419> data<00:25:21.659> or<00:25:22.350> how<00:25:22.799> points<00:25:23.309> to<00:25:23.429> an 00:25:23.570 --> 00:25:23.580 align:start position:0% where your data or how points to an 00:25:23.580 --> 00:25:25.310 align:start position:0% where your data or how points to an object<00:25:24.090> called<00:25:24.299> a<00:25:24.389> did<00:25:24.600> document<00:25:25.049> that<00:25:25.139> has 00:25:25.310 --> 00:25:25.320 align:start position:0% object called a did document that has 00:25:25.320 --> 00:25:27.859 align:start position:0% object called a did document that has data<00:25:25.769> in<00:25:26.009> it<00:25:26.159> and<00:25:26.340> that<00:25:26.850> can<00:25:27.149> tell<00:25:27.389> that<00:25:27.690> can<00:25:27.779> be 00:25:27.859 --> 00:25:27.869 align:start position:0% data in it and that can tell that can be 00:25:27.869 --> 00:25:31.430 align:start position:0% data in it and that can tell that can be keys<00:25:28.200> it<00:25:28.799> can<00:25:28.950> be<00:25:29.009> rules<00:25:29.249> about<00:25:29.549> keys<00:25:29.909> and<00:25:30.440> it 00:25:31.430 --> 00:25:31.440 align:start position:0% keys it can be rules about keys and it 00:25:31.440 --> 00:25:33.919 align:start position:0% keys it can be rules about keys and it could<00:25:31.649> also<00:25:31.830> be<00:25:32.009> endpoints<00:25:32.909> of<00:25:32.999> telling<00:25:33.629> the 00:25:33.919 --> 00:25:33.929 align:start position:0% could also be endpoints of telling the 00:25:33.929 --> 00:25:35.359 align:start position:0% could also be endpoints of telling the person<00:25:34.289> that<00:25:34.499> is<00:25:34.619> looking<00:25:34.919> for<00:25:34.980> something 00:25:35.359 --> 00:25:35.369 align:start position:0% person that is looking for something 00:25:35.369 --> 00:25:38.060 align:start position:0% person that is looking for something about<00:25:35.850> you<00:25:36.210> who<00:25:36.779> to<00:25:36.960> ask<00:25:37.080> where<00:25:37.499> to<00:25:37.649> ask<00:25:37.769> and 00:25:38.060 --> 00:25:38.070 align:start position:0% about you who to ask where to ask and 00:25:38.070 --> 00:25:40.070 align:start position:0% about you who to ask where to ask and then<00:25:38.490> that<00:25:38.700> can<00:25:38.970> point<00:25:39.240> to<00:25:39.539> something<00:25:39.809> like 00:25:40.070 --> 00:25:40.080 align:start position:0% then that can point to something like 00:25:40.080 --> 00:25:42.639 align:start position:0% then that can point to something like you<00:25:40.289> port<00:25:40.529> where<00:25:40.710> now<00:25:40.860> the<00:25:40.919> user<00:25:41.249> is<00:25:41.519> able<00:25:41.700> to 00:25:42.639 --> 00:25:42.649 align:start position:0% you port where now the user is able to 00:25:42.649 --> 00:25:48.440 align:start position:0% you port where now the user is able to consent<00:25:43.649> to<00:25:43.799> things<00:25:44.100> granularly<00:25:46.159> and<00:25:47.450> we 00:25:48.440 --> 00:25:48.450 align:start position:0% consent to things granularly and we 00:25:48.450 --> 00:25:51.950 align:start position:0% consent to things granularly and we fulfill<00:25:48.840> some<00:25:49.350> of<00:25:49.470> these<00:25:49.559> things<00:25:50.490> in<00:25:50.879> in<00:25:51.299> a 00:25:51.950 --> 00:25:51.960 align:start position:0% fulfill some of these things in in a 00:25:51.960 --> 00:25:53.720 align:start position:0% fulfill some of these things in in a couple<00:25:52.110> of<00:25:52.320> ways<00:25:52.440> this<00:25:52.710> is<00:25:52.889> kind<00:25:53.220> of<00:25:53.279> the<00:25:53.369> UX 00:25:53.720 --> 00:25:53.730 align:start position:0% couple of ways this is kind of the UX 00:25:53.730 --> 00:25:56.840 align:start position:0% couple of ways this is kind of the UX portion<00:25:54.269> so<00:25:54.619> some<00:25:55.619> of<00:25:55.649> the<00:25:55.769> design<00:25:56.190> principles 00:25:56.840 --> 00:25:56.850 align:start position:0% portion so some of the design principles 00:25:56.850 --> 00:25:59.960 align:start position:0% portion so some of the design principles at<00:25:56.970> this<00:25:57.119> level<00:25:57.269> are<00:25:58.230> one<00:25:58.470> our<00:25:58.619> consent<00:25:59.429> so<00:25:59.700> the 00:25:59.960 --> 00:25:59.970 align:start position:0% at this level are one our consent so the 00:25:59.970 --> 00:26:02.799 align:start position:0% at this level are one our consent so the ability<00:26:00.210> to<00:26:00.450> selectively<00:26:01.080> and<00:26:01.409> actively 00:26:02.799 --> 00:26:02.809 align:start position:0% ability to selectively and actively 00:26:02.809 --> 00:26:06.739 align:start position:0% ability to selectively and actively disclose<00:26:03.809> things<00:26:04.049> passive<00:26:04.950> disclosure<00:26:05.460> is<00:26:05.820> a 00:26:06.739 --> 00:26:06.749 align:start position:0% disclose things passive disclosure is a 00:26:06.749 --> 00:26:09.409 align:start position:0% disclose things passive disclosure is a problem<00:26:07.230> that's<00:26:07.529> when<00:26:07.799> you<00:26:08.009> grant<00:26:08.909> somebody 00:26:09.409 --> 00:26:09.419 align:start position:0% problem that's when you grant somebody 00:26:09.419 --> 00:26:11.989 align:start position:0% problem that's when you grant somebody access<00:26:10.169> in<00:26:10.379> perpetuity<00:26:10.860> to<00:26:11.220> some<00:26:11.610> amount<00:26:11.820> of 00:26:11.989 --> 00:26:11.999 align:start position:0% access in perpetuity to some amount of 00:26:11.999 --> 00:26:14.180 align:start position:0% access in perpetuity to some amount of your<00:26:12.090> information<00:26:12.360> and<00:26:12.749> you<00:26:13.440> just<00:26:13.769> forget 00:26:14.180 --> 00:26:14.190 align:start position:0% your information and you just forget 00:26:14.190 --> 00:26:15.560 align:start position:0% your information and you just forget about<00:26:14.220> it<00:26:14.429> we<00:26:14.610> all<00:26:14.639> forget<00:26:15.029> how<00:26:15.210> many<00:26:15.360> things 00:26:15.560 --> 00:26:15.570 align:start position:0% about it we all forget how many things 00:26:15.570 --> 00:26:18.320 align:start position:0% about it we all forget how many things we've<00:26:15.720> subscribed<00:26:16.259> to<00:26:16.440> we<00:26:17.309> all<00:26:17.549> forget<00:26:17.879> what 00:26:18.320 --> 00:26:18.330 align:start position:0% we've subscribed to we all forget what 00:26:18.330 --> 00:26:19.970 align:start position:0% we've subscribed to we all forget what the<00:26:18.480> terms<00:26:18.720> and<00:26:18.929> services<00:26:19.379> and<00:26:19.559> agreements 00:26:19.970 --> 00:26:19.980 align:start position:0% the terms and services and agreements 00:26:19.980 --> 00:26:21.830 align:start position:0% the terms and services and agreements that<00:26:20.100> we've<00:26:20.190> entered<00:26:20.309> into<00:26:20.639> are<00:26:21.029> because<00:26:21.690> it's 00:26:21.830 --> 00:26:21.840 align:start position:0% that we've entered into are because it's 00:26:21.840 --> 00:26:23.960 align:start position:0% that we've entered into are because it's too<00:26:22.049> much<00:26:22.080> to<00:26:22.409> digest<00:26:22.559> in<00:26:23.039> the<00:26:23.279> moment<00:26:23.580> we 00:26:23.960 --> 00:26:23.970 align:start position:0% too much to digest in the moment we 00:26:23.970 --> 00:26:27.399 align:start position:0% too much to digest in the moment we there<00:26:24.629> is<00:26:24.779> no<00:26:24.809> future<00:26:25.259> where<00:26:25.559> we<00:26:25.649> make<00:26:25.999> users 00:26:27.399 --> 00:26:27.409 align:start position:0% there is no future where we make users 00:26:27.409 --> 00:26:29.779 align:start position:0% there is no future where we make users we<00:26:28.409> expect<00:26:28.889> them<00:26:29.039> to<00:26:29.070> read<00:26:29.429> all<00:26:29.610> of<00:26:29.639> that 00:26:29.779 --> 00:26:29.789 align:start position:0% we expect them to read all of that 00:26:29.789 --> 00:26:31.489 align:start position:0% we expect them to read all of that information<00:26:30.269> that's<00:26:30.690> just<00:26:30.869> not<00:26:31.139> going<00:26:31.379> to 00:26:31.489 --> 00:26:31.499 align:start position:0% information that's just not going to 00:26:31.499 --> 00:26:33.889 align:start position:0% information that's just not going to work<00:26:31.740> and<00:26:31.980> the<00:26:32.909> legal<00:26:33.240> system<00:26:33.269> will<00:26:33.659> take 00:26:33.889 --> 00:26:33.899 align:start position:0% work and the legal system will take 00:26:33.899 --> 00:26:36.320 align:start position:0% work and the legal system will take advantage<00:26:34.110> of<00:26:34.799> that<00:26:35.039> if<00:26:35.369> we<00:26:35.429> don't<00:26:35.669> design<00:26:36.029> the 00:26:36.320 --> 00:26:36.330 align:start position:0% advantage of that if we don't design the 00:26:36.330 --> 00:26:39.440 align:start position:0% advantage of that if we don't design the experiences<00:26:37.169> correctly<00:26:37.559> so<00:26:38.220> the<00:26:39.119> next<00:26:39.299> is 00:26:39.440 --> 00:26:39.450 align:start position:0% experiences correctly so the next is 00:26:39.450 --> 00:26:40.970 align:start position:0% experiences correctly so the next is transparency<00:26:40.110> so<00:26:40.379> we<00:26:40.470> like<00:26:40.619> to<00:26:40.740> tell<00:26:40.950> our 00:26:40.970 --> 00:26:40.980 align:start position:0% transparency so we like to tell our 00:26:40.980 --> 00:26:42.680 align:start position:0% transparency so we like to tell our users<00:26:41.220> when<00:26:41.700> they're<00:26:42.240> doing 00:26:42.680 --> 00:26:42.690 align:start position:0% users when they're doing 00:26:42.690 --> 00:26:44.420 align:start position:0% users when they're doing something<00:26:43.080> that<00:26:43.440> it's<00:26:43.530> gonna<00:26:43.620> end<00:26:43.860> up<00:26:44.190> on 00:26:44.420 --> 00:26:44.430 align:start position:0% something that it's gonna end up on 00:26:44.430 --> 00:26:47.630 align:start position:0% something that it's gonna end up on chain<00:26:45.060> most<00:26:45.690> people<00:26:46.560> this<00:26:46.770> is<00:26:46.950> this<00:26:47.100> is<00:26:47.310> a<00:26:47.340> hard 00:26:47.630 --> 00:26:47.640 align:start position:0% chain most people this is this is a hard 00:26:47.640 --> 00:26:48.740 align:start position:0% chain most people this is this is a hard part<00:26:47.820> because<00:26:48.060> I<00:26:48.150> think<00:26:48.210> it's<00:26:48.420> something<00:26:48.600> that 00:26:48.740 --> 00:26:48.750 align:start position:0% part because I think it's something that 00:26:48.750 --> 00:26:50.600 align:start position:0% part because I think it's something that people<00:26:48.960> are<00:26:49.080> going<00:26:49.230> to<00:26:49.350> just<00:26:49.650> have<00:26:49.830> to<00:26:50.250> learn 00:26:50.600 --> 00:26:50.610 align:start position:0% people are going to just have to learn 00:26:50.610 --> 00:26:53.120 align:start position:0% people are going to just have to learn kind<00:26:51.390> of<00:26:51.630> the<00:26:52.260> way<00:26:52.500> they<00:26:52.740> had<00:26:52.890> to<00:26:52.980> learn 00:26:53.120 --> 00:26:53.130 align:start position:0% kind of the way they had to learn 00:26:53.130 --> 00:26:56.150 align:start position:0% kind of the way they had to learn certain<00:26:53.460> things<00:26:53.610> about<00:26:53.910> the<00:26:54.120> internet<00:26:55.160> but 00:26:56.150 --> 00:26:56.160 align:start position:0% certain things about the internet but 00:26:56.160 --> 00:26:57.710 align:start position:0% certain things about the internet but there<00:26:56.490> have<00:26:56.700> we<00:26:56.910> have<00:26:57.000> to<00:26:57.120> do<00:26:57.240> a<00:26:57.270> good<00:26:57.480> job<00:26:57.540> of 00:26:57.710 --> 00:26:57.720 align:start position:0% there have we have to do a good job of 00:26:57.720 --> 00:26:59.540 align:start position:0% there have we have to do a good job of educating<00:26:57.960> the<00:26:58.410> distinction<00:26:58.800> about<00:26:59.070> what's 00:26:59.540 --> 00:26:59.550 align:start position:0% educating the distinction about what's 00:26:59.550 --> 00:27:01.280 align:start position:0% educating the distinction about what's going<00:26:59.880> on<00:27:00.000> chain<00:27:00.330> and<00:27:00.570> what's<00:27:00.840> staying<00:27:01.110> off 00:27:01.280 --> 00:27:01.290 align:start position:0% going on chain and what's staying off 00:27:01.290 --> 00:27:04.810 align:start position:0% going on chain and what's staying off chain<00:27:01.560> and<00:27:01.800> how<00:27:01.950> that<00:27:02.160> relates<00:27:02.460> to<00:27:02.580> their<00:27:02.820> risk 00:27:04.810 --> 00:27:04.820 align:start position:0% chain and how that relates to their risk 00:27:04.820 --> 00:27:09.350 align:start position:0% chain and how that relates to their risk so<00:27:05.820> knowledge<00:27:06.240> we<00:27:06.630> track<00:27:08.090> activity<00:27:09.090> that 00:27:09.350 --> 00:27:09.360 align:start position:0% so knowledge we track activity that 00:27:09.360 --> 00:27:13.640 align:start position:0% so knowledge we track activity that happens<00:27:09.720> right<00:27:10.050> so<00:27:10.380> I<00:27:10.880> can't<00:27:11.880> tell<00:27:12.150> you<00:27:12.390> I<00:27:12.690> have 00:27:13.640 --> 00:27:13.650 align:start position:0% happens right so I can't tell you I have 00:27:13.650 --> 00:27:15.680 align:start position:0% happens right so I can't tell you I have no<00:27:13.800> history<00:27:13.980> anywhere<00:27:14.820> centralized<00:27:15.450> of 00:27:15.680 --> 00:27:15.690 align:start position:0% no history anywhere centralized of 00:27:15.690 --> 00:27:16.850 align:start position:0% no history anywhere centralized of everything<00:27:16.170> that<00:27:16.260> I've<00:27:16.380> done<00:27:16.530> in<00:27:16.680> all<00:27:16.770> the 00:27:16.850 --> 00:27:16.860 align:start position:0% everything that I've done in all the 00:27:16.860 --> 00:27:18.350 align:start position:0% everything that I've done in all the data<00:27:17.040> I've<00:27:17.160> shared<00:27:17.340> with<00:27:17.430> people<00:27:17.790> using<00:27:18.180> a 00:27:18.350 --> 00:27:18.360 align:start position:0% data I've shared with people using a 00:27:18.360 --> 00:27:20.720 align:start position:0% data I've shared with people using a paradigm<00:27:18.720> like<00:27:18.870> this<00:27:19.080> you<00:27:19.710> can<00:27:19.950> easily<00:27:20.490> have 00:27:20.720 --> 00:27:20.730 align:start position:0% paradigm like this you can easily have 00:27:20.730 --> 00:27:22.970 align:start position:0% paradigm like this you can easily have that<00:27:20.970> repository<00:27:21.270> on<00:27:21.870> you<00:27:22.350> at<00:27:22.440> all<00:27:22.560> times<00:27:22.800> and 00:27:22.970 --> 00:27:22.980 align:start position:0% that repository on you at all times and 00:27:22.980 --> 00:27:24.500 align:start position:0% that repository on you at all times and you<00:27:23.070> can<00:27:23.250> be<00:27:23.370> sure<00:27:23.580> of<00:27:23.610> the<00:27:23.940> actions<00:27:24.240> you<00:27:24.330> took 00:27:24.500 --> 00:27:24.510 align:start position:0% you can be sure of the actions you took 00:27:24.510 --> 00:27:26.780 align:start position:0% you can be sure of the actions you took in<00:27:24.720> the<00:27:24.840> past<00:27:25.050> and<00:27:25.350> what<00:27:25.800> you've<00:27:25.950> done<00:27:26.190> which<00:27:26.670> i 00:27:26.780 --> 00:27:26.790 align:start position:0% in the past and what you've done which i 00:27:26.790 --> 00:27:29.860 align:start position:0% in the past and what you've done which i think<00:27:26.850> is<00:27:27.030> really<00:27:27.120> important<00:27:27.950> security 00:27:29.860 --> 00:27:29.870 align:start position:0% think is really important security 00:27:29.870 --> 00:27:33.320 align:start position:0% think is really important security reputation<00:27:30.870> in<00:27:31.020> interaction<00:27:31.890> so<00:27:32.040> this<00:27:32.190> is<00:27:32.340> the 00:27:33.320 --> 00:27:33.330 align:start position:0% reputation in interaction so this is the 00:27:33.330 --> 00:27:36.320 align:start position:0% reputation in interaction so this is the screen<00:27:33.690> is<00:27:33.930> is<00:27:34.170> us<00:27:34.620> not<00:27:35.130> recognizing<00:27:36.030> or 00:27:36.320 --> 00:27:36.330 align:start position:0% screen is is us not recognizing or 00:27:36.330 --> 00:27:39.170 align:start position:0% screen is is us not recognizing or seeing<00:27:36.600> a<00:27:36.630> suspicious<00:27:37.670> identity<00:27:38.670> since<00:27:39.000> there 00:27:39.170 --> 00:27:39.180 align:start position:0% seeing a suspicious identity since there 00:27:39.180 --> 00:27:42.140 align:start position:0% seeing a suspicious identity since there is<00:27:39.360> no<00:27:39.600> overlord<00:27:40.260> the<00:27:40.860> system<00:27:41.700> needs<00:27:41.940> to<00:27:42.060> be 00:27:42.140 --> 00:27:42.150 align:start position:0% is no overlord the system needs to be 00:27:42.150 --> 00:27:44.330 align:start position:0% is no overlord the system needs to be able<00:27:42.300> to<00:27:42.420> identify<00:27:43.080> and<00:27:43.470> tell<00:27:43.710> users<00:27:44.010> when 00:27:44.330 --> 00:27:44.340 align:start position:0% able to identify and tell users when 00:27:44.340 --> 00:27:46.430 align:start position:0% able to identify and tell users when they're<00:27:44.430> taking<00:27:44.850> potentially<00:27:45.720> risky<00:27:46.110> actions 00:27:46.430 --> 00:27:46.440 align:start position:0% they're taking potentially risky actions 00:27:46.440 --> 00:27:47.810 align:start position:0% they're taking potentially risky actions and<00:27:46.560> interacting<00:27:47.040> with<00:27:47.070> identities<00:27:47.670> that 00:27:47.810 --> 00:27:47.820 align:start position:0% and interacting with identities that 00:27:47.820 --> 00:27:50.270 align:start position:0% and interacting with identities that they<00:27:47.940> don't<00:27:48.180> know<00:27:48.720> it's<00:27:48.990> it's<00:27:49.230> going<00:27:49.410> to<00:27:49.470> be<00:27:49.650> in 00:27:50.270 --> 00:27:50.280 align:start position:0% they don't know it's it's going to be in 00:27:50.280 --> 00:27:52.370 align:start position:0% they don't know it's it's going to be in it's<00:27:51.150> going<00:27:51.240> to<00:27:51.330> be<00:27:51.420> at<00:27:51.540> the<00:27:51.720> application 00:27:52.370 --> 00:27:52.380 align:start position:0% it's going to be at the application 00:27:52.380 --> 00:27:57.380 align:start position:0% it's going to be at the application level<00:27:54.110> to<00:27:55.110> do<00:27:55.440> this<00:27:55.650> right<00:27:56.070> it<00:27:56.970> can<00:27:57.090> be<00:27:57.210> done 00:27:57.380 --> 00:27:57.390 align:start position:0% level to do this right it can be done 00:27:57.390 --> 00:27:58.550 align:start position:0% level to do this right it can be done through<00:27:57.540> blacklist<00:27:58.080> it<00:27:58.230> could<00:27:58.320> be<00:27:58.410> done 00:27:58.550 --> 00:27:58.560 align:start position:0% through blacklist it could be done 00:27:58.560 --> 00:27:59.570 align:start position:0% through blacklist it could be done through<00:27:58.740> certain<00:27:59.100> things<00:27:59.130> like<00:27:59.460> a 00:27:59.570 --> 00:27:59.580 align:start position:0% through certain things like a 00:27:59.580 --> 00:28:02.180 align:start position:0% through certain things like a reputational<00:28:00.390> floor<00:28:00.720> or<00:28:01.050> ceiling<00:28:01.260> of<00:28:01.650> some 00:28:02.180 --> 00:28:02.190 align:start position:0% reputational floor or ceiling of some 00:28:02.190 --> 00:28:05.300 align:start position:0% reputational floor or ceiling of some sort<00:28:02.720> but<00:28:03.720> we<00:28:04.050> have<00:28:04.230> to<00:28:04.410> tell<00:28:04.560> we<00:28:05.070> have<00:28:05.160> to 00:28:05.300 --> 00:28:05.310 align:start position:0% sort but we have to tell we have to 00:28:05.310 --> 00:28:08.260 align:start position:0% sort but we have to tell we have to message<00:28:05.550> this<00:28:05.790> to<00:28:05.970> users<00:28:06.240> and<00:28:07.170> then<00:28:07.380> privacy 00:28:08.260 --> 00:28:08.270 align:start position:0% message this to users and then privacy 00:28:08.270 --> 00:28:12.800 align:start position:0% message this to users and then privacy this<00:28:09.270> is<00:28:09.450> non<00:28:09.690> quarrel<00:28:10.230> ability<00:28:10.620> which<00:28:11.070> is<00:28:11.810> one 00:28:12.800 --> 00:28:12.810 align:start position:0% this is non quarrel ability which is one 00:28:12.810 --> 00:28:14.360 align:start position:0% this is non quarrel ability which is one of<00:28:12.840> the<00:28:13.020> hardest<00:28:13.320> and<00:28:13.560> trickiest<00:28:13.860> problems 00:28:14.360 --> 00:28:14.370 align:start position:0% of the hardest and trickiest problems 00:28:14.370 --> 00:28:15.980 align:start position:0% of the hardest and trickiest problems it's<00:28:14.880> the<00:28:15.060> type<00:28:15.240> of<00:28:15.270> thing<00:28:15.420> when<00:28:15.810> we<00:28:15.960> talk 00:28:15.980 --> 00:28:15.990 align:start position:0% it's the type of thing when we talk 00:28:15.990 --> 00:28:19.030 align:start position:0% it's the type of thing when we talk about<00:28:16.440> trust<00:28:16.830> graphs<00:28:17.130> and<00:28:17.430> and<00:28:18.180> and 00:28:19.030 --> 00:28:19.040 align:start position:0% about trust graphs and and and 00:28:19.040 --> 00:28:21.350 align:start position:0% about trust graphs and and and reputation<00:28:20.040> and<00:28:20.160> identity<00:28:20.670> emerging<00:28:21.210> from 00:28:21.350 --> 00:28:21.360 align:start position:0% reputation and identity emerging from 00:28:21.360 --> 00:28:23.660 align:start position:0% reputation and identity emerging from interactions<00:28:21.870> that<00:28:21.960> we<00:28:22.080> watch<00:28:22.230> on<00:28:22.440> chain<00:28:22.710> we 00:28:23.660 --> 00:28:23.670 align:start position:0% interactions that we watch on chain we 00:28:23.670 --> 00:28:25.910 align:start position:0% interactions that we watch on chain we have<00:28:23.850> to<00:28:24.060> reduce<00:28:24.210> the<00:28:24.420> coral<00:28:24.870> coral<00:28:25.470> ability 00:28:25.910 --> 00:28:25.920 align:start position:0% have to reduce the coral coral ability 00:28:25.920 --> 00:28:28.730 align:start position:0% have to reduce the coral coral ability of<00:28:26.160> our<00:28:26.540> identities<00:28:27.540> right<00:28:27.810> or<00:28:28.020> else<00:28:28.230> that<00:28:28.470> all 00:28:28.730 --> 00:28:28.740 align:start position:0% of our identities right or else that all 00:28:28.740 --> 00:28:30.500 align:start position:0% of our identities right or else that all of<00:28:28.890> that<00:28:29.070> division<00:28:30.000> where<00:28:30.180> we<00:28:30.270> get<00:28:30.390> to<00:28:30.480> be 00:28:30.500 --> 00:28:30.510 align:start position:0% of that division where we get to be 00:28:30.510 --> 00:28:32.000 align:start position:0% of that division where we get to be different<00:28:30.990> people<00:28:31.110> in<00:28:31.320> different<00:28:31.350> contexts 00:28:32.000 --> 00:28:32.010 align:start position:0% different people in different contexts 00:28:32.010 --> 00:28:33.140 align:start position:0% different people in different contexts goes<00:28:32.640> away 00:28:33.140 --> 00:28:33.150 align:start position:0% goes away 00:28:33.150 --> 00:28:36.110 align:start position:0% goes away so<00:28:33.450> one<00:28:33.690> thing<00:28:33.840> we<00:28:33.900> do<00:28:34.230> at<00:28:34.470> U<00:28:35.130> port<00:28:35.400> is<00:28:35.550> we<00:28:35.880> want 00:28:36.110 --> 00:28:36.120 align:start position:0% so one thing we do at U port is we want 00:28:36.120 --> 00:28:39.680 align:start position:0% so one thing we do at U port is we want to<00:28:36.210> create<00:28:37.110> a<00:28:37.530> new<00:28:37.890> fresh<00:28:38.340> aetherium<00:28:39.090> identity 00:28:39.680 --> 00:28:39.690 align:start position:0% to create a new fresh aetherium identity 00:28:39.690 --> 00:28:41.660 align:start position:0% to create a new fresh aetherium identity for<00:28:40.050> you<00:28:40.170> with<00:28:40.350> every<00:28:40.710> interaction<00:28:41.070> give<00:28:41.550> you 00:28:41.660 --> 00:28:41.670 align:start position:0% for you with every interaction give you 00:28:41.670 --> 00:28:43.700 align:start position:0% for you with every interaction give you the<00:28:41.790> choice<00:28:42.060> to<00:28:42.360> write<00:28:42.780> so<00:28:43.200> that<00:28:43.350> you<00:28:43.500> can 00:28:43.700 --> 00:28:43.710 align:start position:0% the choice to write so that you can 00:28:43.710 --> 00:28:45.170 align:start position:0% the choice to write so that you can separate<00:28:44.220> everything<00:28:44.550> you're<00:28:44.790> going<00:28:44.910> to<00:28:45.000> do 00:28:45.170 --> 00:28:45.180 align:start position:0% separate everything you're going to do 00:28:45.180 --> 00:28:47.000 align:start position:0% separate everything you're going to do in<00:28:45.300> that<00:28:45.360> session<00:28:45.600> from<00:28:46.380> the<00:28:46.440> rest<00:28:46.740> of<00:28:46.890> your 00:28:47.000 --> 00:28:47.010 align:start position:0% in that session from the rest of your 00:28:47.010 --> 00:28:51.890 align:start position:0% in that session from the rest of your identity<00:28:48.770> then<00:28:50.270> just<00:28:51.270> to<00:28:51.360> find<00:28:51.720> a<00:28:51.780> little 00:28:51.890 --> 00:28:51.900 align:start position:0% identity then just to find a little 00:28:51.900 --> 00:28:54.380 align:start position:0% identity then just to find a little recap<00:28:52.260> so<00:28:52.950> that<00:28:53.070> was<00:28:53.190> kind<00:28:53.490> of<00:28:53.580> the<00:28:54.060> UX 00:28:54.380 --> 00:28:54.390 align:start position:0% recap so that was kind of the UX 00:28:54.390 --> 00:28:56.450 align:start position:0% recap so that was kind of the UX principles<00:28:54.570> this<00:28:55.350> is<00:28:55.500> a<00:28:55.530> recap<00:28:55.890> kind<00:28:56.130> of 00:28:56.450 --> 00:28:56.460 align:start position:0% principles this is a recap kind of 00:28:56.460 --> 00:28:59.720 align:start position:0% principles this is a recap kind of we've<00:28:56.700> covered<00:28:57.030> which<00:28:57.360> was<00:28:57.510> a<00:28:57.540> lot<00:28:58.730> identity 00:28:59.720 --> 00:28:59.730 align:start position:0% we've covered which was a lot identity 00:28:59.730 --> 00:29:01.820 align:start position:0% we've covered which was a lot identity as<00:28:59.820> an<00:28:59.910> amorphous<00:29:00.150> blob<00:29:00.710> reputation<00:29:01.710> is 00:29:01.820 --> 00:29:01.830 align:start position:0% as an amorphous blob reputation is 00:29:01.830 --> 00:29:04.490 align:start position:0% as an amorphous blob reputation is really<00:29:02.040> what<00:29:02.160> we<00:29:02.250> care<00:29:02.430> about<00:29:03.140> reputation<00:29:04.140> is 00:29:04.490 --> 00:29:04.500 align:start position:0% really what we care about reputation is 00:29:04.500 --> 00:29:08.660 align:start position:0% really what we care about reputation is the<00:29:04.620> basis<00:29:05.040> of<00:29:05.310> trust<00:29:07.310> decentralized<00:29:08.310> IDs 00:29:08.660 --> 00:29:08.670 align:start position:0% the basis of trust decentralized IDs 00:29:08.670 --> 00:29:12.430 align:start position:0% the basis of trust decentralized IDs return<00:29:09.120> control<00:29:09.660> of<00:29:09.900> reputation<00:29:10.530> to<00:29:10.890> the<00:29:11.130> user 00:29:12.430 --> 00:29:12.440 align:start position:0% return control of reputation to the user 00:29:12.440 --> 00:29:15.980 align:start position:0% return control of reputation to the user and<00:29:13.440> with<00:29:13.950> control<00:29:14.280> comes<00:29:14.990> responsibility 00:29:15.980 --> 00:29:15.990 align:start position:0% and with control comes responsibility 00:29:15.990 --> 00:29:18.020 align:start position:0% and with control comes responsibility not<00:29:16.470> only<00:29:16.530> for<00:29:16.800> the<00:29:17.100> user<00:29:17.280> but<00:29:17.610> for<00:29:17.730> the<00:29:17.790> people 00:29:18.020 --> 00:29:18.030 align:start position:0% not only for the user but for the people 00:29:18.030 --> 00:29:21.170 align:start position:0% not only for the user but for the people designing<00:29:18.510> the<00:29:19.200> interactions<00:29:20.070> right<00:29:20.340> we<00:29:20.940> are 00:29:21.170 --> 00:29:21.180 align:start position:0% designing the interactions right we are 00:29:21.180 --> 00:29:23.510 align:start position:0% designing the interactions right we are supposed<00:29:21.600> to<00:29:21.720> the<00:29:21.840> designers<00:29:22.470> of<00:29:22.500> the<00:29:22.980> way<00:29:23.190> all 00:29:23.510 --> 00:29:23.520 align:start position:0% supposed to the designers of the way all 00:29:23.520 --> 00:29:25.700 align:start position:0% supposed to the designers of the way all of<00:29:23.550> this<00:29:23.790> manifests<00:29:24.420> itself<00:29:24.690> at<00:29:25.050> the<00:29:25.500> user 00:29:25.700 --> 00:29:25.710 align:start position:0% of this manifests itself at the user 00:29:25.710 --> 00:29:29.780 align:start position:0% of this manifests itself at the user level<00:29:26.570> there<00:29:27.570> in<00:29:28.470> a<00:29:28.620> way<00:29:28.860> they<00:29:29.250> have<00:29:29.460> to<00:29:29.610> put 00:29:29.780 --> 00:29:29.790 align:start position:0% level there in a way they have to put 00:29:29.790 --> 00:29:31.430 align:start position:0% level there in a way they have to put their<00:29:29.910> trust<00:29:30.120> in<00:29:30.300> us<00:29:30.420> right<00:29:30.660> at<00:29:30.990> the<00:29:31.080> interface 00:29:31.430 --> 00:29:31.440 align:start position:0% their trust in us right at the interface 00:29:31.440 --> 00:29:33.950 align:start position:0% their trust in us right at the interface level<00:29:31.640> if<00:29:32.640> you<00:29:33.180> haven't<00:29:33.480> read<00:29:33.600> anything<00:29:33.810> about 00:29:33.950 --> 00:29:33.960 align:start position:0% level if you haven't read anything about 00:29:33.960 --> 00:29:36.800 align:start position:0% level if you haven't read anything about dark<00:29:34.440> patterns<00:29:34.890> they've<00:29:35.580> I<00:29:36.060> would<00:29:36.540> encourage 00:29:36.800 --> 00:29:36.810 align:start position:0% dark patterns they've I would encourage 00:29:36.810 --> 00:29:39.670 align:start position:0% dark patterns they've I would encourage you<00:29:37.050> to<00:29:37.200> these<00:29:37.440> are<00:29:37.590> UX<00:29:38.130> things<00:29:38.730> that 00:29:39.670 --> 00:29:39.680 align:start position:0% you to these are UX things that 00:29:39.680 --> 00:29:44.300 align:start position:0% you to these are UX things that unethical<00:29:41.060> teams<00:29:42.060> or<00:29:42.360> designers<00:29:42.810> do<00:29:43.110> to<00:29:43.980> try 00:29:44.300 --> 00:29:44.310 align:start position:0% unethical teams or designers do to try 00:29:44.310 --> 00:29:46.280 align:start position:0% unethical teams or designers do to try and<00:29:44.460> get<00:29:44.610> users<00:29:44.940> to<00:29:45.060> do<00:29:45.240> something<00:29:45.660> that<00:29:46.110> is 00:29:46.280 --> 00:29:46.290 align:start position:0% and get users to do something that is 00:29:46.290 --> 00:29:47.810 align:start position:0% and get users to do something that is not<00:29:46.440> in<00:29:46.680> their<00:29:46.830> best<00:29:46.860> interest<00:29:47.490> but<00:29:47.640> in<00:29:47.730> the 00:29:47.810 --> 00:29:47.820 align:start position:0% not in their best interest but in the 00:29:47.820 --> 00:29:49.430 align:start position:0% not in their best interest but in the best<00:29:48.000> interest<00:29:48.390> for<00:29:48.450> the<00:29:48.690> application<00:29:49.230> and 00:29:49.430 --> 00:29:49.440 align:start position:0% best interest for the application and 00:29:49.440 --> 00:29:52.520 align:start position:0% best interest for the application and the<00:29:50.250> states<00:29:50.580> have<00:29:50.820> just<00:29:51.030> gotten<00:29:51.210> really<00:29:52.200> high 00:29:52.520 --> 00:29:52.530 align:start position:0% the states have just gotten really high 00:29:52.530 --> 00:29:54.200 align:start position:0% the states have just gotten really high when<00:29:52.800> it<00:29:52.890> comes<00:29:53.070> to<00:29:53.220> that<00:29:53.370> right<00:29:53.730> you<00:29:53.940> can 00:29:54.200 --> 00:29:54.210 align:start position:0% when it comes to that right you can 00:29:54.210 --> 00:29:56.780 align:start position:0% when it comes to that right you can screw<00:29:54.840> your<00:29:55.020> whole<00:29:55.200> life<00:29:55.470> up<00:29:55.650> now<00:29:55.860> in<00:29:56.190> a<00:29:56.430> single 00:29:56.780 --> 00:29:56.790 align:start position:0% screw your whole life up now in a single 00:29:56.790 --> 00:30:00.860 align:start position:0% screw your whole life up now in a single interaction<00:29:58.910> and<00:29:59.910> we<00:30:00.120> can<00:30:00.270> mitigate<00:30:00.420> all<00:30:00.780> of 00:30:00.860 --> 00:30:00.870 align:start position:0% interaction and we can mitigate all of 00:30:00.870 --> 00:30:04.550 align:start position:0% interaction and we can mitigate all of that<00:30:01.110> risk<00:30:01.350> at<00:30:01.680> the<00:30:02.490> u.s.<00:30:02.820> level<00:30:03.120> that's<00:30:04.020> why 00:30:04.550 --> 00:30:04.560 align:start position:0% that risk at the u.s. level that's why 00:30:04.560 --> 00:30:06.170 align:start position:0% that risk at the u.s. level that's why designers<00:30:05.160> need<00:30:05.370> to<00:30:05.460> be<00:30:05.580> thinking<00:30:05.880> about<00:30:05.970> how 00:30:06.170 --> 00:30:06.180 align:start position:0% designers need to be thinking about how 00:30:06.180 --> 00:30:08.450 align:start position:0% designers need to be thinking about how to<00:30:06.210> handle<00:30:06.450> identity<00:30:07.140> and<00:30:07.350> all<00:30:07.920> of<00:30:08.100> how<00:30:08.400> to 00:30:08.450 --> 00:30:08.460 align:start position:0% to handle identity and all of how to 00:30:08.460 --> 00:30:10.370 align:start position:0% to handle identity and all of how to handle<00:30:08.820> reputation<00:30:09.390> in<00:30:09.480> their<00:30:09.600> platforms<00:30:10.140> and 00:30:10.370 --> 00:30:10.380 align:start position:0% handle reputation in their platforms and 00:30:10.380 --> 00:30:13.040 align:start position:0% handle reputation in their platforms and think<00:30:11.190> about<00:30:11.430> how<00:30:12.030> they<00:30:12.300> can<00:30:12.360> keep<00:30:12.690> things<00:30:12.900> off 00:30:13.040 --> 00:30:13.050 align:start position:0% think about how they can keep things off 00:30:13.050 --> 00:30:15.380 align:start position:0% think about how they can keep things off chain<00:30:13.350> and<00:30:13.710> do<00:30:14.610> a<00:30:14.640> lot<00:30:14.850> of<00:30:14.970> these<00:30:15.060> things<00:30:15.240> that 00:30:15.380 --> 00:30:15.390 align:start position:0% chain and do a lot of these things that 00:30:15.390 --> 00:30:17.840 align:start position:0% chain and do a lot of these things that we<00:30:15.630> just<00:30:15.870> covered<00:30:16.620> I<00:30:16.800> think<00:30:16.830> that's<00:30:17.130> in<00:30:17.400> the 00:30:17.840 --> 00:30:17.850 align:start position:0% we just covered I think that's in the 00:30:17.850 --> 00:30:19.580 align:start position:0% we just covered I think that's in the spectrum<00:30:18.330> of<00:30:18.450> things<00:30:18.660> that<00:30:18.870> the<00:30:19.110> designers<00:30:19.560> of 00:30:19.580 --> 00:30:19.590 align:start position:0% spectrum of things that the designers of 00:30:19.590 --> 00:30:21.050 align:start position:0% spectrum of things that the designers of these<00:30:19.830> applications<00:30:20.370> should<00:30:20.610> be<00:30:20.670> caring 00:30:21.050 --> 00:30:21.060 align:start position:0% these applications should be caring 00:30:21.060 --> 00:30:23.990 align:start position:0% these applications should be caring about<00:30:21.180> and<00:30:21.390> should<00:30:21.510> be<00:30:21.600> thinking<00:30:21.900> about<00:30:23.000> and 00:30:23.990 --> 00:30:24.000 align:start position:0% about and should be thinking about and 00:30:24.000 --> 00:30:26.570 align:start position:0% about and should be thinking about and with<00:30:24.210> that<00:30:24.360> I<00:30:24.840> thank<00:30:25.380> you<00:30:25.500> for<00:30:25.920> sitting 00:30:26.570 --> 00:30:26.580 align:start position:0% with that I thank you for sitting 00:30:26.580 --> 00:30:31.180 align:start position:0% with that I thank you for sitting through<00:30:26.730> all<00:30:27.270> of<00:30:27.570> that<00:30:27.720> that<00:30:27.900> was<00:30:27.960> a<00:30:28.020> lot 00:30:31.180 --> 00:30:31.190 align:start position:0% 00:30:31.190 --> 00:30:39.600 align:start position:0% you 00:30:39.600 --> 00:30:39.610 align:start position:0% 00:30:39.610 --> 00:30:41.670 align:start position:0% you