WEBVTT Kind: captions Language: en 00:00:00.149 --> 00:00:05.240 align:start position:0% basically<00:00:01.280> Sharia<00:00:02.280> is<00:00:02.520> something<00:00:04.100> that<00:00:05.100> is 00:00:05.240 --> 00:00:05.250 align:start position:0% basically Sharia is something that is 00:00:05.250 --> 00:00:08.150 align:start position:0% basically Sharia is something that is close<00:00:05.940> to<00:00:06.120> my<00:00:06.240> heart<00:00:06.480> because<00:00:06.690> by<00:00:07.589> profession 00:00:08.150 --> 00:00:08.160 align:start position:0% close to my heart because by profession 00:00:08.160 --> 00:00:10.400 align:start position:0% close to my heart because by profession I'm<00:00:08.340> the<00:00:08.519> Sherriff<00:00:08.849> scholar<00:00:09.320> advising<00:00:10.320> a 00:00:10.400 --> 00:00:10.410 align:start position:0% I'm the Sherriff scholar advising a 00:00:10.410 --> 00:00:12.650 align:start position:0% I'm the Sherriff scholar advising a number<00:00:10.740> of<00:00:10.830> client<00:00:11.309> throughout<00:00:11.670> the<00:00:12.330> entire 00:00:12.650 --> 00:00:12.660 align:start position:0% number of client throughout the entire 00:00:12.660 --> 00:00:15.860 align:start position:0% number of client throughout the entire world<00:00:13.019> and<00:00:13.620> one<00:00:13.980> of<00:00:14.130> our<00:00:14.309> newest<00:00:15.210> client<00:00:15.660> it's 00:00:15.860 --> 00:00:15.870 align:start position:0% world and one of our newest client it's 00:00:15.870 --> 00:00:19.450 align:start position:0% world and one of our newest client it's hello<00:00:16.199> goal<00:00:16.410> the<00:00:17.039> first<00:00:17.279> sharia-compliant 00:00:19.450 --> 00:00:19.460 align:start position:0% hello goal the first sharia-compliant 00:00:19.460 --> 00:00:22.490 align:start position:0% hello goal the first sharia-compliant coin<00:00:20.460> or<00:00:20.730> token<00:00:20.760> I<00:00:21.300> wish<00:00:21.810> you<00:00:21.930> happened<00:00:22.289> us<00:00:22.470> a 00:00:22.490 --> 00:00:22.500 align:start position:0% coin or token I wish you happened us a 00:00:22.500 --> 00:00:25.519 align:start position:0% coin or token I wish you happened us a few<00:00:23.010> months<00:00:23.880> ago<00:00:24.150> and<00:00:24.660> we<00:00:24.810> look<00:00:25.050> forward<00:00:25.289> to 00:00:25.519 --> 00:00:25.529 align:start position:0% few months ago and we look forward to 00:00:25.529 --> 00:00:28.160 align:start position:0% few months ago and we look forward to have<00:00:25.680> more<00:00:25.920> and<00:00:26.220> more<00:00:26.480> products<00:00:27.480> on<00:00:27.630> the 00:00:28.160 --> 00:00:28.170 align:start position:0% have more and more products on the 00:00:28.170 --> 00:00:30.620 align:start position:0% have more and more products on the crypto<00:00:28.650> on<00:00:28.949> the<00:00:29.160> blockchain<00:00:29.400> on<00:00:29.970> this<00:00:30.420> but 00:00:30.620 --> 00:00:30.630 align:start position:0% crypto on the blockchain on this but 00:00:30.630 --> 00:00:33.350 align:start position:0% crypto on the blockchain on this but only<00:00:30.869> to<00:00:31.289> be<00:00:31.470> indoors<00:00:32.189> a<00:00:32.369> sharukh<00:00:32.820> compliant 00:00:33.350 --> 00:00:33.360 align:start position:0% only to be indoors a sharukh compliant 00:00:33.360 --> 00:00:34.850 align:start position:0% only to be indoors a sharukh compliant because<00:00:33.510> you<00:00:33.809> know<00:00:33.930> why<00:00:34.110> we<00:00:34.620> have<00:00:34.739> been 00:00:34.850 --> 00:00:34.860 align:start position:0% because you know why we have been 00:00:34.860 --> 00:00:37.670 align:start position:0% because you know why we have been listening<00:00:35.730> to<00:00:35.880> many<00:00:36.090> speakers<00:00:36.450> we<00:00:37.170> have<00:00:37.200> to<00:00:37.500> be 00:00:37.670 --> 00:00:37.680 align:start position:0% listening to many speakers we have to be 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position:0% able to interact and to embed with everyone<00:00:47.520> on<00:00:48.180> this<00:00:48.420> planet<00:00:48.840> and<00:00:48.989> perhaps 00:00:49.220 --> 00:00:49.230 align:start position:0% everyone on this planet and perhaps 00:00:49.230 --> 00:00:53.060 align:start position:0% everyone on this planet and perhaps Sharia<00:00:50.160> is<00:00:50.430> the<00:00:50.760> new<00:00:51.510> entrant<00:00:51.989> to<00:00:52.079> both<00:00:52.680> of<00:00:52.890> you 00:00:53.060 --> 00:00:53.070 align:start position:0% Sharia is the new entrant to both of you 00:00:53.070 --> 00:00:55.670 align:start position:0% Sharia is the new entrant to both of you to<00:00:53.730> consider<00:00:54.449> how<00:00:54.750> the<00:00:54.809> share<00:00:55.170> can<00:00:55.469> work 00:00:55.670 --> 00:00:55.680 align:start position:0% to consider how the share can work 00:00:55.680 --> 00:00:58.490 align:start position:0% to consider how the share can work together<00:00:55.949> to<00:00:56.489> make<00:00:57.120> your<00:00:57.539> products<00:00:58.079> your<00:00:58.230> sub 00:00:58.490 --> 00:00:58.500 align:start position:0% together to make your products your sub 00:00:58.500 --> 00:01:00.319 align:start position:0% together to make your products your sub products<00:00:59.010> your<00:00:59.460> upstream<00:00:59.940> and<00:01:00.149> downstream 00:01:00.319 --> 00:01:00.329 align:start position:0% products your upstream and downstream 00:01:00.329 --> 00:01:03.609 align:start position:0% products your upstream and downstream services<00:01:01.109> and<00:01:01.620> products<00:01:02.039> are<00:01:02.309> compatible<00:01:02.910> to 00:01:03.609 --> 00:01:03.619 align:start position:0% services and products are compatible to 00:01:03.619 --> 00:01:06.230 align:start position:0% services and products are compatible to something<00:01:04.619> that<00:01:04.830> the<00:01:05.070> Muslim<00:01:05.430> at<00:01:05.610> large<00:01:05.880> would 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align:start position:0% I set up the company what 12 years ago 00:01:26.490 --> 00:01:29.630 align:start position:0% I set up the company what 12 years ago base<00:01:27.270> in<00:01:27.479> KL<00:01:28.200> kuala<00:01:28.530> lumpur<00:01:28.950> in<00:01:29.070> dubai<00:01:29.369> and 00:01:29.630 --> 00:01:29.640 align:start position:0% base in KL kuala lumpur in dubai and 00:01:29.640 --> 00:01:32.630 align:start position:0% base in KL kuala lumpur in dubai and some<00:01:30.000> other<00:01:30.229> countries<00:01:31.229> around<00:01:31.680> the<00:01:31.950> globe<00:01:32.040> so 00:01:32.630 --> 00:01:32.640 align:start position:0% some other countries around the globe so 00:01:32.640 --> 00:01:35.870 align:start position:0% some other countries around the globe so we<00:01:32.880> do<00:01:33.119> what<00:01:34.020> we<00:01:34.140> are<00:01:34.170> best<00:01:34.590> at<00:01:34.799> to<00:01:35.250> look<00:01:35.490> into 00:01:35.870 --> 00:01:35.880 align:start position:0% we do what we are best at to look into 00:01:35.880 --> 00:01:37.999 align:start position:0% we do what we are best at to look into the<00:01:36.000> sheriff<00:01:36.329> principle<00:01:36.900> we<00:01:37.619> service 00:01:37.999 --> 00:01:38.009 align:start position:0% the sheriff principle we service 00:01:38.009 --> 00:01:39.740 align:start position:0% the sheriff principle we service financial<00:01:38.400> products<00:01:38.909> and<00:01:39.119> nowadays 00:01:39.740 --> 00:01:39.750 align:start position:0% financial products and nowadays 00:01:39.750 --> 00:01:42.469 align:start position:0% financial products and nowadays technology<00:01:40.229> and<00:01:40.860> I'm<00:01:41.490> personally<00:01:42.150> very 00:01:42.469 --> 00:01:42.479 align:start position:0% technology and I'm personally very 00:01:42.479 --> 00:01:45.560 align:start position:0% technology and I'm personally very interested<00:01:42.930> and<00:01:43.649> very<00:01:43.710> keen<00:01:44.130> to<00:01:44.729> look<00:01:44.850> into<00:01:45.299> in 00:01:45.560 --> 00:01:45.570 align:start position:0% interested and very keen to look into in 00:01:45.570 --> 00:01:48.260 align:start position:0% interested and very keen to look into in and<00:01:45.840> out<00:01:45.990> of<00:01:46.200> the<00:01:46.320> technology<00:01:46.920> and<00:01:47.159> we<00:01:47.670> are<00:01:47.880> now 00:01:48.260 --> 00:01:48.270 align:start position:0% and out of the technology and we are now 00:01:48.270 --> 00:01:51.410 align:start position:0% and out of the technology and we are now working<00:01:48.570> with<00:01:48.950> helium<00:01:49.950> to<00:01:50.610> provide<00:01:51.240> the 00:01:51.410 --> 00:01:51.420 align:start position:0% working with helium to provide the 00:01:51.420 --> 00:01:54.109 align:start position:0% working with helium to provide the Sharia<00:01:51.750> what<00:01:52.409> pepper<00:01:52.790> hopefully<00:01:53.790> we<00:01:53.939> can 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align:start position:0% sure that we have something to 00:02:00.509 --> 00:02:03.080 align:start position:0% sure that we have something to contribute<00:02:01.110> and<00:02:01.469> to<00:02:01.560> share<00:02:02.009> the<00:02:02.729> Sharia 00:02:03.080 --> 00:02:03.090 align:start position:0% contribute and to share the Sharia 00:02:03.090 --> 00:02:05.300 align:start position:0% contribute and to share the Sharia high-level<00:02:03.810> micro<00:02:04.259> perspective<00:02:04.439> on<00:02:05.100> this 00:02:05.300 --> 00:02:05.310 align:start position:0% high-level micro perspective on this 00:02:05.310 --> 00:02:08.089 align:start position:0% high-level micro perspective on this technology<00:02:05.729> and<00:02:06.210> how<00:02:06.840> could<00:02:07.110> this<00:02:07.649> product 00:02:08.089 --> 00:02:08.099 align:start position:0% technology and how could this product 00:02:08.099 --> 00:02:12.740 align:start position:0% technology and how could this product can<00:02:08.310> be<00:02:08.340> a<00:02:08.700> role<00:02:09.270> by<00:02:09.950> beyond<00:02:10.950> you<00:02:11.250> know 00:02:12.740 --> 00:02:12.750 align:start position:0% can be a role by beyond you know 00:02:12.750 --> 00:02:16.610 align:start position:0% can be a role by beyond you know beyond<00:02:13.620> specific<00:02:14.630> segments<00:02:15.630> of<00:02:15.780> the<00:02:15.990> client 00:02:16.610 --> 00:02:16.620 align:start position:0% beyond specific segments of the client 00:02:16.620 --> 00:02:18.979 align:start position:0% beyond specific segments of the client and<00:02:16.800> the<00:02:16.950> market<00:02:17.280> so<00:02:18.270> this<00:02:18.450> is<00:02:18.599> some<00:02:18.780> of<00:02:18.810> the 00:02:18.979 --> 00:02:18.989 align:start position:0% and the market so this is some of the 00:02:18.989 --> 00:02:22.190 align:start position:0% and the market so this is some of the what<00:02:19.650> we<00:02:19.800> do<00:02:19.950> in<00:02:20.160> the<00:02:20.250> past<00:02:20.489> 12<00:02:21.060> years<00:02:21.120> this<00:02:21.959> our 00:02:22.190 --> 00:02:22.200 align:start position:0% what we do in the past 12 years this our 00:02:22.200 --> 00:02:25.699 align:start position:0% what we do in the past 12 years this our Sharia<00:02:22.620> what<00:02:23.069> scholars<00:02:23.690> we<00:02:24.690> have<00:02:24.930> engaged 00:02:25.699 --> 00:02:25.709 align:start position:0% Sharia what scholars we have engaged 00:02:25.709 --> 00:02:28.430 align:start position:0% Sharia what scholars we have engaged reputable<00:02:26.520> people<00:02:27.300> from<00:02:27.780> across<00:02:28.020> the<00:02:28.290> world 00:02:28.430 --> 00:02:28.440 align:start position:0% reputable people from across the world 00:02:28.440 --> 00:02:30.590 align:start position:0% reputable people from across the world to<00:02:28.709> give<00:02:29.220> the<00:02:29.370> endorsement<00:02:29.970> you<00:02:30.330> know<00:02:30.450> why 00:02:30.590 --> 00:02:30.600 align:start position:0% to give the endorsement you know why 00:02:30.600 --> 00:02:32.960 align:start position:0% to give the endorsement you know why because<00:02:30.860> whenever<00:02:31.860> it<00:02:32.160> is<00:02:32.250> endorsed<00:02:32.819> by<00:02:32.880> a 00:02:32.960 --> 00:02:32.970 align:start position:0% because whenever it is endorsed by a 00:02:32.970 --> 00:02:35.300 align:start position:0% because whenever it is endorsed by a group<00:02:33.300> of<00:02:33.540> scholars<00:02:34.140> who<00:02:34.530> are<00:02:34.709> well 00:02:35.300 --> 00:02:35.310 align:start position:0% group of scholars who are well 00:02:35.310 --> 00:02:38.300 align:start position:0% group of scholars who are well recognized<00:02:36.319> internationally<00:02:37.319> the<00:02:37.920> product 00:02:38.300 --> 00:02:38.310 align:start position:0% recognized internationally the product 00:02:38.310 --> 00:02:41.949 align:start position:0% recognized internationally the product could<00:02:38.550> be<00:02:38.760> received<00:02:39.630> without<00:02:40.590> any<00:02:40.980> you<00:02:41.459> know 00:02:41.949 --> 00:02:41.959 align:start position:0% could be received without any you know 00:02:41.959 --> 00:02:45.190 align:start position:0% could be received without any you know hesitation<00:02:42.959> and<00:02:43.140> without<00:02:43.349> any<00:02:43.650> fear<00:02:44.010> or<00:02:44.250> any 00:02:45.190 --> 00:02:45.200 align:start position:0% hesitation and without any fear or any 00:02:45.200 --> 00:02:50.210 align:start position:0% hesitation and without any fear or any dispute<00:02:46.200> by<00:02:46.650> the<00:02:46.940> world<00:02:47.940> community<00:02:49.069> this<00:02:50.069> is 00:02:50.210 --> 00:02:50.220 align:start position:0% dispute by the world community this is 00:02:50.220 --> 00:02:53.030 align:start position:0% dispute by the world community this is what<00:02:50.370> we<00:02:50.489> do<00:02:50.670> I<00:02:51.030> will<00:02:51.690> skip<00:02:52.440> some<00:02:52.709> of<00:02:52.739> the 00:02:53.030 --> 00:02:53.040 align:start position:0% what we do I will skip some of the 00:02:53.040 --> 00:02:55.610 align:start position:0% what we do I will skip some of the issues<00:02:53.540> perhaps<00:02:54.540> not<00:02:54.690> relevant<00:02:54.989> to<00:02:55.200> you<00:02:55.380> but 00:02:55.610 --> 00:02:55.620 align:start position:0% issues perhaps not relevant to you but 00:02:55.620 --> 00:02:59.990 align:start position:0% issues perhaps not relevant to you but you<00:02:55.769> can<00:02:55.950> see<00:02:55.980> from<00:02:56.370> the<00:02:56.610> from<00:02:57.360> the<00:02:57.510> slide<00:02:59.000> we 00:02:59.990 --> 00:03:00.000 align:start position:0% you can see from the from the slide we 00:03:00.000 --> 00:03:03.400 align:start position:0% you can see from the from the slide we do<00:03:00.239> almost<00:03:01.230> everything<00:03:01.680> product<00:03:02.280> development 00:03:03.400 --> 00:03:03.410 align:start position:0% do almost everything product development 00:03:03.410 --> 00:03:06.110 align:start position:0% do almost everything product development enhancement<00:03:04.410> and<00:03:04.620> audit<00:03:05.160> to<00:03:05.580> make<00:03:05.730> sure<00:03:05.880> that 00:03:06.110 --> 00:03:06.120 align:start position:0% enhancement and audit to make sure that 00:03:06.120 --> 00:03:10.190 align:start position:0% enhancement and audit to make sure that whatever<00:03:06.870> we<00:03:07.290> endorse<00:03:08.130> is<00:03:08.580> taken<00:03:09.569> all<00:03:09.750> the<00:03:10.080> way 00:03:10.190 --> 00:03:10.200 align:start position:0% whatever we endorse is taken all the way 00:03:10.200 --> 00:03:12.170 align:start position:0% whatever we endorse is taken all the way through<00:03:10.500> until<00:03:10.709> the<00:03:10.980> end<00:03:11.100> of<00:03:11.340> the<00:03:11.489> day<00:03:11.640> to 00:03:12.170 --> 00:03:12.180 align:start position:0% through until the end of the day to 00:03:12.180 --> 00:03:14.960 align:start position:0% through until the end of the day to sustain<00:03:13.080> the<00:03:13.290> share<00:03:13.500> a<00:03:13.530> compliant<00:03:14.160> feature<00:03:14.580> of 00:03:14.960 --> 00:03:14.970 align:start position:0% sustain the share a compliant feature of 00:03:14.970 --> 00:03:19.099 align:start position:0% sustain the share a compliant feature of the<00:03:15.780> product<00:03:16.910> this<00:03:17.910> is<00:03:18.060> a<00:03:18.269> funny<00:03:18.600> I<00:03:18.720> said<00:03:18.930> two 00:03:19.099 --> 00:03:19.109 align:start position:0% the product this is a funny I said two 00:03:19.109 --> 00:03:21.500 align:start position:0% the product this is a funny I said two point<00:03:19.350> three<00:03:19.500> trillion<00:03:19.859> very<00:03:20.340> small<00:03:20.760> industry 00:03:21.500 --> 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position:0% hopefully with the technology this 00:03:32.370 --> 00:03:35.240 align:start position:0% hopefully with the technology this technology<00:03:32.850> with<00:03:33.510> the<00:03:33.570> big<00:03:33.780> data<00:03:34.019> we<00:03:34.470> did<00:03:34.650> you 00:03:35.240 --> 00:03:35.250 align:start position:0% technology with the big data we did you 00:03:35.250 --> 00:03:37.280 align:start position:0% technology with the big data we did you know<00:03:35.400> active<00:03:36.180> intelligence<00:03:36.900> and<00:03:37.170> the 00:03:37.280 --> 00:03:37.290 align:start position:0% know active intelligence and the 00:03:37.290 --> 00:03:40.340 align:start position:0% know active intelligence and the blockchain<00:03:37.530> will<00:03:38.489> push<00:03:38.940> further<00:03:39.570> the 00:03:40.340 --> 00:03:40.350 align:start position:0% blockchain will push further the 00:03:40.350 --> 00:03:43.099 align:start position:0% blockchain will push further the technology<00:03:40.859> industry<00:03:41.489> further<00:03:42.030> because<00:03:42.299> it 00:03:43.099 --> 00:03:43.109 align:start position:0% technology industry further because it 00:03:43.109 --> 00:03:45.199 align:start position:0% technology industry further because it is<00:03:43.290> now<00:03:43.440> become<00:03:43.799> borderless<00:03:44.310> and<00:03:44.549> everyone 00:03:45.199 --> 00:03:45.209 align:start position:0% is now become borderless and everyone 00:03:45.209 --> 00:03:47.900 align:start position:0% is now become borderless and everyone can<00:03:45.420> participate<00:03:45.709> both<00:03:46.709> who<00:03:47.070> are<00:03:47.280> bankable 00:03:47.900 --> 00:03:47.910 align:start position:0% can participate both who are bankable 00:03:47.910 --> 00:03:50.990 align:start position:0% can participate both who are bankable and<00:03:48.120> both<00:03:48.810> who<00:03:49.019> are<00:03:49.170> not<00:03:49.380> unbanked 00:03:50.990 --> 00:03:51.000 align:start position:0% and both who are not unbanked 00:03:51.000 --> 00:03:52.910 align:start position:0% and both who are not unbanked many<00:03:51.390> Muslims<00:03:51.870> around<00:03:52.019> the<00:03:52.230> globe<00:03:52.530> they<00:03:52.799> are 00:03:52.910 --> 00:03:52.920 align:start position:0% many Muslims around the globe they are 00:03:52.920 --> 00:03:55.490 align:start position:0% many Muslims around the globe they are not<00:03:53.070> back<00:03:53.850> they<00:03:54.060> are<00:03:54.090> not<00:03:54.269> bankable<00:03:54.780> so<00:03:55.319> then 00:03:55.490 --> 00:03:55.500 align:start position:0% not back they are not bankable so then 00:03:55.500 --> 00:03:58.009 align:start position:0% not back they are not bankable so then expected<00:03:56.130> my<00:03:56.549> technology<00:03:56.910> to<00:03:57.329> be<00:03:57.450> part<00:03:57.750> of<00:03:57.870> the 00:03:58.009 --> 00:03:58.019 align:start position:0% expected my technology to be part of the 00:03:58.019 --> 00:03:59.569 align:start position:0% expected my technology to be part of the whole<00:03:58.140> industry<00:03:58.319> and<00:03:58.799> this<00:03:59.220> is<00:03:59.430> the 00:03:59.569 --> 00:03:59.579 align:start position:0% whole industry and this is the 00:03:59.579 --> 00:04:02.090 align:start position:0% whole industry and this is the revolution<00:04:00.209> we<00:04:00.390> are<00:04:00.420> looking<00:04:00.840> into<00:04:01.049> Muslim<00:04:01.950> in 00:04:02.090 --> 00:04:02.100 align:start position:0% revolution we are looking into Muslim in 00:04:02.100 --> 00:04:05.090 align:start position:0% revolution we are looking into Muslim in Indonesia<00:04:02.549> and<00:04:03.060> the<00:04:03.660> part<00:04:03.900> of<00:04:04.019> the<00:04:04.170> world<00:04:04.350> they 00:04:05.090 --> 00:04:05.100 align:start position:0% Indonesia and the part of the world they 00:04:05.100 --> 00:04:07.699 align:start position:0% Indonesia and the part of the world they have<00:04:05.130> the<00:04:06.030> desire<00:04:06.450> to<00:04:06.480> be<00:04:06.780> part<00:04:07.109> of<00:04:07.200> the<00:04:07.350> system 00:04:07.699 --> 00:04:07.709 align:start position:0% have the desire to be part of the system 00:04:07.709 --> 00:04:09.830 align:start position:0% have the desire to be part of the system but<00:04:08.220> they<00:04:08.370> can<00:04:08.609> because<00:04:09.359> they<00:04:09.510> are<00:04:09.660> not 00:04:09.830 --> 00:04:09.840 align:start position:0% but they can because they are not 00:04:09.840 --> 00:04:11.960 align:start position:0% but they can because they are not bankable<00:04:10.350> as<00:04:10.590> yet<00:04:10.859> but<00:04:11.400> this<00:04:11.579> much<00:04:11.760> technology 00:04:11.960 --> 00:04:11.970 align:start position:0% bankable as yet but this much technology 00:04:11.970 --> 00:04:14.720 align:start position:0% bankable as yet but this much technology we<00:04:12.750> have<00:04:12.870> seen<00:04:13.109> that<00:04:13.260> happening<00:04:14.069> around<00:04:14.489> the 00:04:14.720 --> 00:04:14.730 align:start position:0% we have seen that happening around the 00:04:14.730 --> 00:04:17.090 align:start position:0% we have seen that happening around the globe<00:04:14.970> can<00:04:15.000> push<00:04:15.540> up<00:04:15.780> the<00:04:16.380> market<00:04:16.709> share<00:04:16.950> of 00:04:17.090 --> 00:04:17.100 align:start position:0% globe can push up the market share of 00:04:17.100 --> 00:04:19.460 align:start position:0% globe can push up the market share of this<00:04:17.400> industry<00:04:17.940> hopefully<00:04:18.539> in<00:04:18.989> the<00:04:19.109> next<00:04:19.229> five 00:04:19.460 --> 00:04:19.470 align:start position:0% this industry hopefully in the next five 00:04:19.470 --> 00:04:20.180 align:start position:0% this industry hopefully in the next five to<00:04:19.650> ten<00:04:19.829> years 00:04:20.180 --> 00:04:20.190 align:start position:0% to ten years 00:04:20.190 --> 00:04:23.120 align:start position:0% to ten years and<00:04:20.370> we<00:04:20.609> can<00:04:20.820> achieve<00:04:21.390> a<00:04:21.930> higher<00:04:22.440> market<00:04:23.099> share 00:04:23.120 --> 00:04:23.130 align:start position:0% and we can achieve a higher market share 00:04:23.130 --> 00:04:26.060 align:start position:0% and we can achieve a higher market share of<00:04:23.550> differential<00:04:24.180> access<00:04:24.450> of<00:04:24.690> the<00:04:24.840> world<00:04:25.070> some 00:04:26.060 --> 00:04:26.070 align:start position:0% of differential access of the world some 00:04:26.070 --> 00:04:26.760 align:start position:0% of differential access of the world some of<00:04:26.099> the 00:04:26.760 --> 00:04:26.770 align:start position:0% of the 00:04:26.770 --> 00:04:28.650 align:start position:0% of the numbers<00:04:27.220> you<00:04:27.520> might<00:04:27.699> be<00:04:27.879> interested<00:04:28.449> to<00:04:28.479> know 00:04:28.650 --> 00:04:28.660 align:start position:0% numbers you might be interested to know 00:04:28.660 --> 00:04:32.189 align:start position:0% numbers you might be interested to know where<00:04:29.530> is<00:04:29.740> if<00:04:29.949> I'm<00:04:30.129> finance<00:04:30.550> at<00:04:30.699> the<00:04:30.879> moment<00:04:31.240> in 00:04:32.189 --> 00:04:32.199 align:start position:0% where is if I'm finance at the moment in 00:04:32.199 --> 00:04:34.200 align:start position:0% where is if I'm finance at the moment in both<00:04:32.650> Islamic<00:04:33.220> countries<00:04:33.639> and<00:04:33.940> also 00:04:34.200 --> 00:04:34.210 align:start position:0% both Islamic countries and also 00:04:34.210 --> 00:04:37.020 align:start position:0% both Islamic countries and also non-islamic<00:04:34.990> countries<00:04:35.110> in<00:04:35.860> UK<00:04:36.340> in<00:04:36.610> United 00:04:37.020 --> 00:04:37.030 align:start position:0% non-islamic countries in UK in United 00:04:37.030 --> 00:04:40.770 align:start position:0% non-islamic countries in UK in United Kingdom<00:04:37.259> in<00:04:38.259> Hong<00:04:38.530> Kong<00:04:38.560> such<00:04:39.190> Africa<00:04:39.789> in 00:04:40.770 --> 00:04:40.780 align:start position:0% Kingdom in Hong Kong such Africa in 00:04:40.780 --> 00:04:43.129 align:start position:0% Kingdom in Hong Kong such Africa in Europe<00:04:41.169> we<00:04:41.800> have<00:04:41.830> some<00:04:42.220> spot<00:04:42.610> of<00:04:42.849> the 00:04:43.129 --> 00:04:43.139 align:start position:0% Europe we have some spot of the 00:04:43.139 --> 00:04:46.159 align:start position:0% Europe we have some spot of the activities<00:04:44.340> happening<00:04:45.340> around<00:04:45.550> the<00:04:45.819> globe 00:04:46.159 --> 00:04:46.169 align:start position:0% activities happening around the globe 00:04:46.169 --> 00:04:48.899 align:start position:0% activities happening around the globe but<00:04:47.169> not<00:04:47.409> on<00:04:47.560> blockchain<00:04:47.860> as<00:04:48.220> yet<00:04:48.490> on<00:04:48.729> their 00:04:48.899 --> 00:04:48.909 align:start position:0% but not on blockchain as yet on their 00:04:48.909 --> 00:04:52.050 align:start position:0% but not on blockchain as yet on their born<00:04:49.240> and<00:04:49.569> fun<00:04:50.470> and<00:04:50.770> the<00:04:50.889> banking<00:04:51.400> and<00:04:51.610> you 00:04:52.050 --> 00:04:52.060 align:start position:0% born and fun and the banking and you 00:04:52.060 --> 00:04:54.830 align:start position:0% born and fun and the banking and you know<00:04:52.539> all<00:04:52.720> the<00:04:52.960> sophisticated<00:04:53.860> products 00:04:54.830 --> 00:04:54.840 align:start position:0% know all the sophisticated products 00:04:54.840 --> 00:04:59.520 align:start position:0% know all the sophisticated products purely<00:04:55.840> financial<00:04:56.050> in<00:04:56.500> nature<00:04:58.110> so<00:04:59.110> what<00:04:59.349> is<00:04:59.500> a 00:04:59.520 --> 00:04:59.530 align:start position:0% purely financial in nature so what is a 00:04:59.530 --> 00:05:02.580 align:start position:0% purely financial in nature so what is a fine<00:04:59.979> and<00:05:00.190> I<00:05:00.909> tried<00:05:01.539> to<00:05:01.659> make<00:05:01.810> it<00:05:01.930> simple<00:05:02.409> for 00:05:02.580 --> 00:05:02.590 align:start position:0% fine and I tried to make it simple for 00:05:02.590 --> 00:05:05.249 align:start position:0% fine and I tried to make it simple for everyone<00:05:03.069> it's<00:05:03.970> a<00:05:04.150> final<00:05:04.419> is<00:05:04.690> basically<00:05:05.080> a 00:05:05.249 --> 00:05:05.259 align:start position:0% everyone it's a final is basically a 00:05:05.259 --> 00:05:08.600 align:start position:0% everyone it's a final is basically a system<00:05:05.860> which<00:05:06.520> is<00:05:06.550> based<00:05:06.970> on<00:05:07.380> transparency 00:05:08.600 --> 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align:start position:0% component of the financial products because<00:05:18.009> there<00:05:18.250> is<00:05:18.400> a<00:05:18.430> very<00:05:18.729> first 00:05:19.499 --> 00:05:19.509 align:start position:0% because there is a very first 00:05:19.509 --> 00:05:22.439 align:start position:0% because there is a very first prohibition<00:05:20.289> and<00:05:20.560> a<00:05:20.919> fine<00:05:21.699> and<00:05:21.909> we<00:05:22.180> cannot 00:05:22.439 --> 00:05:22.449 align:start position:0% prohibition and a fine and we cannot 00:05:22.449 --> 00:05:25.170 align:start position:0% prohibition and a fine and we cannot charge<00:05:22.810> interest<00:05:23.440> on<00:05:23.680> money<00:05:24.280> lend<00:05:24.940> out 00:05:25.170 --> 00:05:25.180 align:start position:0% charge interest on money lend out 00:05:25.180 --> 00:05:28.709 align:start position:0% charge interest on money lend out because<00:05:25.900> money<00:05:26.139> has<00:05:26.259> no<00:05:26.710> value<00:05:27.300> we<00:05:28.300> need<00:05:28.449> money 00:05:28.709 --> 00:05:28.719 align:start position:0% because money has no value we need money 00:05:28.719 --> 00:05:31.709 align:start position:0% because money has no value we need money to<00:05:28.889> exchange<00:05:29.889> to<00:05:30.280> buy<00:05:30.490> goods<00:05:30.849> and<00:05:30.969> services<00:05:31.509> of 00:05:31.709 --> 00:05:31.719 align:start position:0% to exchange to buy goods and services of 00:05:31.719 --> 00:05:34.170 align:start position:0% to exchange to buy goods and services of course<00:05:32.469> if<00:05:32.710> everything<00:05:33.340> is<00:05:33.490> free<00:05:33.699> of<00:05:33.849> charge 00:05:34.170 --> 00:05:34.180 align:start position:0% course if everything is free of charge 00:05:34.180 --> 00:05:36.450 align:start position:0% course if everything is free of charge in<00:05:34.479> this<00:05:34.659> world<00:05:34.900> there's<00:05:35.440> no<00:05:35.650> value<00:05:35.889> for<00:05:36.219> money 00:05:36.450 --> 00:05:36.460 align:start position:0% in this world there's no value for money 00:05:36.460 --> 00:05:38.700 align:start position:0% in this world there's no value for money from<00:05:36.969> the<00:05:37.150> Sharia<00:05:37.479> perspective<00:05:38.110> we<00:05:38.590> need 00:05:38.700 --> 00:05:38.710 align:start position:0% from the Sharia perspective we need 00:05:38.710 --> 00:05:42.240 align:start position:0% from the Sharia perspective we need money<00:05:38.979> to<00:05:39.130> simply<00:05:40.120> buy<00:05:40.360> and<00:05:40.719> you<00:05:41.349> know<00:05:41.500> and<00:05:41.949> pay 00:05:42.240 --> 00:05:42.250 align:start position:0% money to simply buy and you know and pay 00:05:42.250 --> 00:05:45.330 align:start position:0% money to simply buy and you know and pay for<00:05:42.310> our<00:05:42.630> needs<00:05:43.630> in<00:05:43.870> the<00:05:43.990> society<00:05:44.500> so<00:05:44.710> this<00:05:45.159> is 00:05:45.330 --> 00:05:45.340 align:start position:0% for our needs in the society so this is 00:05:45.340 --> 00:05:48.300 align:start position:0% for our needs in the society so this is the<00:05:45.430> whole<00:05:45.610> idea<00:05:45.849> but<00:05:46.180> to<00:05:46.210> impose<00:05:46.840> a<00:05:47.310> premium 00:05:48.300 --> 00:05:48.310 align:start position:0% the whole idea but to impose a premium 00:05:48.310 --> 00:05:50.790 align:start position:0% the whole idea but to impose a premium on<00:05:48.490> the<00:05:48.819> money<00:05:49.060> lent<00:05:49.419> out<00:05:49.599> is<00:05:50.050> something<00:05:50.409> that 00:05:50.790 --> 00:05:50.800 align:start position:0% on the money lent out is something that 00:05:50.800 --> 00:05:53.909 align:start position:0% on the money lent out is something that which<00:05:51.460> is<00:05:51.610> not<00:05:51.789> permissible<00:05:52.630> not<00:05:53.199> only<00:05:53.680> under 00:05:53.909 --> 00:05:53.919 align:start position:0% which is not permissible not only under 00:05:53.919 --> 00:05:56.309 align:start position:0% which is not permissible not only under Islamic<00:05:54.400> perspective<00:05:54.550> and<00:05:55.479> the<00:05:56.169> other 00:05:56.309 --> 00:05:56.319 align:start position:0% Islamic perspective and the other 00:05:56.319 --> 00:05:59.339 align:start position:0% Islamic perspective and the other religion<00:05:57.190> as<00:05:57.370> well<00:05:57.580> because<00:05:58.029> it<00:05:58.449> is<00:05:58.509> very<00:05:59.050> much 00:05:59.339 --> 00:05:59.349 align:start position:0% religion as well because it is very much 00:05:59.349 --> 00:06:02.159 align:start position:0% religion as well because it is very much giving<00:06:00.279> something<00:06:00.669> which<00:06:01.060> is<00:06:01.210> beyond<00:06:01.630> the 00:06:02.159 --> 00:06:02.169 align:start position:0% giving something which is beyond the 00:06:02.169 --> 00:06:05.040 align:start position:0% giving something which is beyond the full<00:06:02.469> meaning<00:06:02.680> of<00:06:02.889> medium<00:06:03.279> of<00:06:03.460> exchange<00:06:04.050> the 00:06:05.040 --> 00:06:05.050 align:start position:0% full meaning of medium of exchange the 00:06:05.050 --> 00:06:08.279 align:start position:0% full meaning of medium of exchange the second<00:06:05.380> element<00:06:05.560> is<00:06:06.310> about<00:06:07.240> uncertainty<00:06:07.659> and 00:06:08.279 --> 00:06:08.289 align:start position:0% second element is about uncertainty and 00:06:08.289 --> 00:06:10.050 align:start position:0% second element is about uncertainty and it's<00:06:08.529> very<00:06:08.740> important<00:06:09.310> for<00:06:09.520> the<00:06:09.639> blockchain 00:06:10.050 --> 00:06:10.060 align:start position:0% it's very important for the blockchain 00:06:10.060 --> 00:06:13.129 align:start position:0% it's very important for the blockchain and<00:06:10.380> encrypt<00:06:11.380> us<00:06:11.590> because<00:06:12.009> it<00:06:12.400> can<00:06:12.550> help<00:06:12.819> to 00:06:13.129 --> 00:06:13.139 align:start position:0% and encrypt us because it can help to 00:06:13.139 --> 00:06:16.230 align:start position:0% and encrypt us because it can help to fight<00:06:14.139> again<00:06:14.560> anything<00:06:14.919> which<00:06:15.219> is<00:06:15.250> dubious 00:06:16.230 --> 00:06:16.240 align:start position:0% fight again anything which is dubious 00:06:16.240 --> 00:06:18.839 align:start position:0% fight again anything which is dubious which<00:06:16.900> is<00:06:17.080> not<00:06:17.680> clear<00:06:17.860> enough<00:06:18.219> which<00:06:18.669> is 00:06:18.839 --> 00:06:18.849 align:start position:0% which is not clear enough which is 00:06:18.849 --> 00:06:22.019 align:start position:0% which is not clear enough which is uncertain<00:06:19.569> which<00:06:20.469> is<00:06:20.680> not<00:06:21.400> up<00:06:21.610> to<00:06:21.880> the 00:06:22.019 --> 00:06:22.029 align:start position:0% uncertain which is not up to the 00:06:22.029 --> 00:06:24.540 align:start position:0% uncertain which is not up to the standard<00:06:22.449> to<00:06:23.199> make<00:06:23.380> sure<00:06:23.529> that<00:06:23.710> finance<00:06:24.430> is 00:06:24.540 --> 00:06:24.550 align:start position:0% standard to make sure that finance is 00:06:24.550 --> 00:06:29.519 align:start position:0% standard to make sure that finance is beyond<00:06:25.199> any<00:06:26.219> issues<00:06:27.219> of<00:06:27.490> uncertainty<00:06:28.210> and<00:06:29.199> the 00:06:29.519 --> 00:06:29.529 align:start position:0% beyond any issues of uncertainty and the 00:06:29.529 --> 00:06:31.740 align:start position:0% beyond any issues of uncertainty and the third<00:06:29.770> is<00:06:29.889> very<00:06:30.130> much<00:06:30.340> gambling<00:06:30.880> or<00:06:31.389> you've 00:06:31.740 --> 00:06:31.750 align:start position:0% third is very much gambling or you've 00:06:31.750 --> 00:06:34.980 align:start position:0% third is very much gambling or you've liked<00:06:32.009> game<00:06:33.009> of<00:06:33.159> chance<00:06:33.430> we<00:06:33.819> have<00:06:34.000> to<00:06:34.180> put 00:06:34.980 --> 00:06:34.990 align:start position:0% liked game of chance we have to put 00:06:34.990 --> 00:06:38.100 align:start position:0% liked game of chance we have to put aside<00:06:35.139> any<00:06:35.500> products<00:06:36.190> any<00:06:36.570> transaction<00:06:37.570> which 00:06:38.100 --> 00:06:38.110 align:start position:0% aside any products any transaction which 00:06:38.110 --> 00:06:40.620 align:start position:0% aside any products any transaction which is<00:06:38.259> very<00:06:38.440> much<00:06:38.560> you<00:06:39.399> know<00:06:39.550> based<00:06:39.849> on 00:06:40.620 --> 00:06:40.630 align:start position:0% is very much you know based on 00:06:40.630 --> 00:06:43.170 align:start position:0% is very much you know based on a<00:06:40.690> game<00:06:41.050> of<00:06:41.080> luck<00:06:41.500> a<00:06:41.770> game<00:06:42.070> of<00:06:42.220> chance<00:06:42.490> at<00:06:42.790> the 00:06:43.170 --> 00:06:43.180 align:start position:0% a game of luck a game of chance at the 00:06:43.180 --> 00:06:45.090 align:start position:0% a game of luck a game of chance at the end<00:06:43.300> of<00:06:43.450> it<00:06:43.570> is<00:06:43.690> you<00:06:43.870> have<00:06:44.020> to<00:06:44.050> be<00:06:44.290> real<00:06:44.560> in<00:06:44.950> your 00:06:45.090 --> 00:06:45.100 align:start position:0% end of it is you have to be real in your 00:06:45.100 --> 00:06:47.130 align:start position:0% end of it is you have to be real in your economic<00:06:45.790> activities<00:06:46.330> you<00:06:46.510> have<00:06:46.540> to<00:06:46.780> put<00:06:46.990> the 00:06:47.130 --> 00:06:47.140 align:start position:0% economic activities you have to put the 00:06:47.140 --> 00:06:50.220 align:start position:0% economic activities you have to put the money<00:06:47.340> in<00:06:48.340> real<00:06:48.640> economy<00:06:49.180> to<00:06:49.390> generate<00:06:49.840> wealth 00:06:50.220 --> 00:06:50.230 align:start position:0% money in real economy to generate wealth 00:06:50.230 --> 00:06:52.170 align:start position:0% money in real economy to generate wealth for<00:06:50.590> the<00:06:50.710> whole<00:06:50.830> society<00:06:51.190> you<00:06:51.790> cannot<00:06:51.970> simply 00:06:52.170 --> 00:06:52.180 align:start position:0% for the whole society you cannot simply 00:06:52.180 --> 00:06:54.210 align:start position:0% for the whole society you cannot simply go<00:06:52.600> to<00:06:52.630> the<00:06:52.870> bank<00:06:53.080> put<00:06:53.440> the<00:06:53.560> money<00:06:53.710> in<00:06:53.920> the<00:06:54.010> bank 00:06:54.210 --> 00:06:54.220 align:start position:0% go to the bank put the money in the bank 00:06:54.220 --> 00:06:56.850 align:start position:0% go to the bank put the money in the bank and<00:06:54.430> expect<00:06:55.120> to<00:06:55.210> be<00:06:55.300> rewarded<00:06:55.690> by<00:06:56.350> putting<00:06:56.710> the 00:06:56.850 --> 00:06:56.860 align:start position:0% and expect to be rewarded by putting the 00:06:56.860 --> 00:06:59.100 align:start position:0% and expect to be rewarded by putting the money<00:06:56.980> in<00:06:57.190> the<00:06:57.250> bank<00:06:57.460> or<00:06:57.730> by<00:06:58.180> simply<00:06:58.390> putting 00:06:59.100 --> 00:06:59.110 align:start position:0% money in the bank or by simply putting 00:06:59.110 --> 00:07:01.410 align:start position:0% money in the bank or by simply putting the<00:06:59.320> money<00:06:59.650> in<00:07:00.190> the<00:07:00.460> casino<00:07:00.910> and 00:07:01.410 --> 00:07:01.420 align:start position:0% the money in the casino and 00:07:01.420 --> 00:07:02.880 align:start position:0% the money in the casino and what-have-you<00:07:01.990> so<00:07:02.230> this<00:07:02.380> is<00:07:02.500> something<00:07:02.860> that 00:07:02.880 --> 00:07:02.890 align:start position:0% what-have-you so this is something that 00:07:02.890 --> 00:07:07.320 align:start position:0% what-have-you so this is something that Islam<00:07:03.760> would<00:07:03.940> not<00:07:04.570> be<00:07:05.340> you<00:07:06.340> know<00:07:06.370> tolerant 00:07:07.320 --> 00:07:07.330 align:start position:0% Islam would not be you know tolerant 00:07:07.330 --> 00:07:10.860 align:start position:0% Islam would not be you know tolerant with<00:07:07.450> because<00:07:07.900> this<00:07:08.140> is<00:07:08.320> not<00:07:08.560> only<00:07:09.570> not<00:07:10.570> good 00:07:10.860 --> 00:07:10.870 align:start position:0% with because this is not only not good 00:07:10.870 --> 00:07:13.110 align:start position:0% with because this is not only not good from<00:07:11.110> the<00:07:11.230> ethical<00:07:11.650> perspective<00:07:12.220> it<00:07:12.640> does<00:07:12.910> not 00:07:13.110 --> 00:07:13.120 align:start position:0% from the ethical perspective it does not 00:07:13.120 --> 00:07:15.000 align:start position:0% from the ethical perspective it does not help<00:07:13.360> to<00:07:13.690> grow<00:07:13.810> the<00:07:14.020> economy<00:07:14.110> in<00:07:14.680> the<00:07:14.830> long 00:07:15.000 --> 00:07:15.010 align:start position:0% help to grow the economy in the long 00:07:15.010 --> 00:07:17.700 align:start position:0% help to grow the economy in the long term<00:07:16.050> next<00:07:17.050> please 00:07:17.700 --> 00:07:17.710 align:start position:0% term next please 00:07:17.710 --> 00:07:23.250 align:start position:0% term next please so<00:07:18.310> Kryptos<00:07:19.980> Sobe<00:07:20.980> were<00:07:21.570> I'm<00:07:22.570> also<00:07:22.870> a<00:07:22.990> scholar 00:07:23.250 --> 00:07:23.260 align:start position:0% so Kryptos Sobe were I'm also a scholar 00:07:23.260 --> 00:07:26.130 align:start position:0% so Kryptos Sobe were I'm also a scholar for<00:07:23.560> the<00:07:23.650> last<00:07:23.860> 25<00:07:24.580> years<00:07:24.610> I<00:07:25.120> didn't<00:07:25.870> hear 00:07:26.130 --> 00:07:26.140 align:start position:0% for the last 25 years I didn't hear 00:07:26.140 --> 00:07:28.470 align:start position:0% for the last 25 years I didn't hear anything<00:07:26.410> about<00:07:26.620> cryptos<00:07:27.220> but<00:07:27.610> I<00:07:27.790> was<00:07:28.000> part<00:07:28.330> of 00:07:28.470 --> 00:07:28.480 align:start position:0% anything about cryptos but I was part of 00:07:28.480 --> 00:07:30.930 align:start position:0% anything about cryptos but I was part of the<00:07:28.720> other<00:07:29.680> group<00:07:29.980> of<00:07:30.070> scholars<00:07:30.340> in<00:07:30.640> the<00:07:30.730> world 00:07:30.930 --> 00:07:30.940 align:start position:0% the other group of scholars in the world 00:07:30.940 --> 00:07:33.810 align:start position:0% the other group of scholars in the world we<00:07:31.120> were<00:07:31.330> astonished<00:07:32.140> to<00:07:32.590> see<00:07:32.920> how<00:07:33.160> the<00:07:33.430> world 00:07:33.810 --> 00:07:33.820 align:start position:0% we were astonished to see how the world 00:07:33.820 --> 00:07:35.820 align:start position:0% we were astonished to see how the world has<00:07:34.000> responded<00:07:34.420> to<00:07:34.570> the<00:07:34.870> if<00:07:35.440> you<00:07:35.650> like 00:07:35.820 --> 00:07:35.830 align:start position:0% has responded to the if you like 00:07:35.830 --> 00:07:36.810 align:start position:0% has responded to the if you like blockchain 00:07:36.810 --> 00:07:36.820 align:start position:0% blockchain 00:07:36.820 --> 00:07:39.600 align:start position:0% blockchain revolution<00:07:37.570> at<00:07:37.960> any<00:07:38.260> point<00:07:38.500> in<00:07:38.620> time<00:07:38.710> and<00:07:39.070> we 00:07:39.600 --> 00:07:39.610 align:start position:0% revolution at any point in time and we 00:07:39.610 --> 00:07:43.470 align:start position:0% revolution at any point in time and we were<00:07:40.170> invited<00:07:41.170> by<00:07:41.950> a<00:07:42.580> default<00:07:43.060> not<00:07:43.240> by<00:07:43.420> the 00:07:43.470 --> 00:07:43.480 align:start position:0% were invited by a default not by the 00:07:43.480 --> 00:07:46.050 align:start position:0% were invited by a default not by the Denko<00:07:43.960> to<00:07:44.470> look<00:07:44.680> into<00:07:45.040> what<00:07:45.700> would<00:07:45.850> be<00:07:45.970> the 00:07:46.050 --> 00:07:46.060 align:start position:0% Denko to look into what would be the 00:07:46.060 --> 00:07:48.510 align:start position:0% Denko to look into what would be the sharing<00:07:46.420> aspect<00:07:46.570> of<00:07:47.080> these<00:07:47.260> Kryptos<00:07:47.860> and<00:07:48.100> i 00:07:48.510 --> 00:07:48.520 align:start position:0% sharing aspect of these Kryptos and i 00:07:48.520 --> 00:07:51.330 align:start position:0% sharing aspect of these Kryptos and i started<00:07:48.940> doing<00:07:49.030> my<00:07:49.240> own<00:07:49.270> research<00:07:50.340> attaining 00:07:51.330 --> 00:07:51.340 align:start position:0% started doing my own research attaining 00:07:51.340 --> 00:07:53.160 align:start position:0% started doing my own research attaining so<00:07:51.520> many<00:07:51.700> seminar<00:07:52.150> conferences<00:07:52.870> try<00:07:53.110> to 00:07:53.160 --> 00:07:53.170 align:start position:0% so many seminar conferences try to 00:07:53.170 --> 00:07:56.700 align:start position:0% so many seminar conferences try to understand<00:07:53.800> what<00:07:54.550> is<00:07:54.670> basically<00:07:55.090> crypto<00:07:55.780> is 00:07:56.700 --> 00:07:56.710 align:start position:0% understand what is basically crypto is 00:07:56.710 --> 00:08:00.450 align:start position:0% understand what is basically crypto is all<00:07:56.980> about<00:07:57.280> and<00:07:57.580> I<00:07:58.450> have<00:07:58.990> given<00:07:59.770> many<00:07:59.950> lectures 00:08:00.450 --> 00:08:00.460 align:start position:0% all about and I have given many lectures 00:08:00.460 --> 00:08:03.260 align:start position:0% all about and I have given many lectures and<00:08:00.640> what<00:08:00.850> have<00:08:01.030> you<00:08:01.200> there<00:08:02.200> is<00:08:02.290> a<00:08:02.320> history<00:08:02.770> and 00:08:03.260 --> 00:08:03.270 align:start position:0% and what have you there is a history and 00:08:03.270 --> 00:08:06.900 align:start position:0% and what have you there is a history and which<00:08:04.270> will<00:08:04.420> call<00:08:04.870> me<00:08:05.020> up<00:08:05.170> and<00:08:05.700> invite<00:08:06.700> our 00:08:06.900 --> 00:08:06.910 align:start position:0% which will call me up and invite our 00:08:06.910 --> 00:08:09.330 align:start position:0% which will call me up and invite our money<00:08:07.120> to<00:08:07.330> be<00:08:07.420> part<00:08:07.720> of<00:08:07.840> the<00:08:08.130> consultant<00:08:09.130> to 00:08:09.330 --> 00:08:09.340 align:start position:0% money to be part of the consultant to 00:08:09.340 --> 00:08:12.750 align:start position:0% money to be part of the consultant to put<00:08:09.580> the<00:08:09.760> Sharia<00:08:10.120> mindset<00:08:11.110> to<00:08:11.680> look<00:08:12.280> into<00:08:12.640> the 00:08:12.750 --> 00:08:12.760 align:start position:0% put the Sharia mindset to look into the 00:08:12.760 --> 00:08:14.550 align:start position:0% put the Sharia mindset to look into the eternal<00:08:13.120> foundation<00:08:13.810> this<00:08:13.930> is<00:08:13.990> my<00:08:14.140> country 00:08:14.550 --> 00:08:14.560 align:start position:0% eternal foundation this is my country 00:08:14.560 --> 00:08:16.500 align:start position:0% eternal foundation this is my country and<00:08:14.710> the<00:08:14.800> ether<00:08:15.040> at<00:08:15.460> the<00:08:15.820> end<00:08:16.000> of<00:08:16.150> the<00:08:16.300> day<00:08:16.450> to 00:08:16.500 --> 00:08:16.510 align:start position:0% and the ether at the end of the day to 00:08:16.510 --> 00:08:19.800 align:start position:0% and the ether at the end of the day to see<00:08:16.840> how<00:08:17.380> to<00:08:17.440> make<00:08:17.680> everything<00:08:18.310> compatible<00:08:19.240> to 00:08:19.800 --> 00:08:19.810 align:start position:0% see how to make everything compatible to 00:08:19.810 --> 00:08:22.680 align:start position:0% see how to make everything compatible to the<00:08:19.840> sheriff<00:08:20.260> principle<00:08:20.740> so<00:08:20.890> that<00:08:21.690> everyone 00:08:22.680 --> 00:08:22.690 align:start position:0% the sheriff principle so that everyone 00:08:22.690 --> 00:08:24.630 align:start position:0% the sheriff principle so that everyone in<00:08:22.930> this<00:08:23.080> world<00:08:23.140> can<00:08:23.470> be<00:08:23.620> part<00:08:23.920> of<00:08:24.160> the<00:08:24.460> whole 00:08:24.630 --> 00:08:24.640 align:start position:0% in this world can be part of the whole 00:08:24.640 --> 00:08:27.480 align:start position:0% in this world can be part of the whole revolution<00:08:25.120> of<00:08:25.530> cryptos<00:08:26.530> and<00:08:26.770> we<00:08:27.130> are<00:08:27.280> very 00:08:27.480 --> 00:08:27.490 align:start position:0% revolution of cryptos and we are very 00:08:27.490 --> 00:08:29.190 align:start position:0% revolution of cryptos and we are very excited<00:08:28.030> we<00:08:28.060> are<00:08:28.210> at<00:08:28.450> the<00:08:28.540> end<00:08:28.720> of<00:08:28.810> the<00:08:28.960> journey 00:08:29.190 --> 00:08:29.200 align:start position:0% excited we are at the end of the journey 00:08:29.200 --> 00:08:31.770 align:start position:0% excited we are at the end of the journey and<00:08:29.520> for<00:08:30.520> help<00:08:30.700> in<00:08:30.850> the<00:08:30.940> next<00:08:31.090> few<00:08:31.330> weeks<00:08:31.360> we 00:08:31.770 --> 00:08:31.780 align:start position:0% and for help in the next few weeks we 00:08:31.780 --> 00:08:33.870 align:start position:0% and for help in the next few weeks we can<00:08:31.990> share<00:08:32.680> the<00:08:32.890> white<00:08:33.039> paper<00:08:33.430> that<00:08:33.460> we<00:08:33.729> have 00:08:33.870 --> 00:08:33.880 align:start position:0% can share the white paper that we have 00:08:33.880 --> 00:08:37.409 align:start position:0% can share the white paper that we have worked<00:08:34.120> together<00:08:34.440> our<00:08:35.440> money<00:08:36.210> Virgil<00:08:37.210> and 00:08:37.409 --> 00:08:37.419 align:start position:0% worked together our money Virgil and 00:08:37.419 --> 00:08:39.150 align:start position:0% worked together our money Virgil and Activia<00:08:37.990> cook<00:08:38.260> one<00:08:38.469> of<00:08:38.590> good<00:08:38.770> friends 00:08:39.150 --> 00:08:39.160 align:start position:0% Activia cook one of good friends 00:08:39.160 --> 00:08:41.130 align:start position:0% Activia cook one of good friends supporting<00:08:39.610> us<00:08:39.729> all<00:08:39.940> the<00:08:40.090> way<00:08:40.240> to<00:08:40.810> make<00:08:40.990> sure 00:08:41.130 --> 00:08:41.140 align:start position:0% supporting us all the way to make sure 00:08:41.140 --> 00:08:42.570 align:start position:0% supporting us all the way to make sure that<00:08:41.169> the<00:08:41.469> paper<00:08:41.680> is<00:08:41.770> ready<00:08:42.010> for<00:08:42.490> the 00:08:42.570 --> 00:08:42.580 align:start position:0% that the paper is ready for the 00:08:42.580 --> 00:08:45.500 align:start position:0% that the paper is ready for the consumption<00:08:43.000> of<00:08:43.180> the<00:08:43.750> whole<00:08:44.080> community<00:08:44.470> of 00:08:45.500 --> 00:08:45.510 align:start position:0% consumption of the whole community of 00:08:45.510 --> 00:08:47.730 align:start position:0% consumption of the whole community of course<00:08:46.510> and<00:08:46.750> a<00:08:46.810> crypto<00:08:47.200> there<00:08:47.410> are<00:08:47.530> three 00:08:47.730 --> 00:08:47.740 align:start position:0% course and a crypto there are three 00:08:47.740 --> 00:08:50.550 align:start position:0% course and a crypto there are three issues<00:08:48.180> currency<00:08:49.180> which<00:08:50.110> is<00:08:50.290> the<00:08:50.410> most 00:08:50.550 --> 00:08:50.560 align:start position:0% issues currency which is the most 00:08:50.560 --> 00:08:52.920 align:start position:0% issues currency which is the most debatable<00:08:51.160> issue<00:08:51.339> at<00:08:51.550> the<00:08:51.730> moment<00:08:51.930> the 00:08:52.920 --> 00:08:52.930 align:start position:0% debatable issue at the moment the 00:08:52.930 --> 00:08:54.210 align:start position:0% debatable issue at the moment the commodity<00:08:53.560> weather 00:08:54.210 --> 00:08:54.220 align:start position:0% commodity weather 00:08:54.220 --> 00:08:56.540 align:start position:0% commodity weather is<00:08:54.279> a<00:08:54.339> commodity<00:08:54.970> or<00:08:55.000> token<00:08:55.480> of<00:08:55.629> utility<00:08:56.230> or 00:08:56.540 --> 00:08:56.550 align:start position:0% is a commodity or token of utility or 00:08:56.550 --> 00:09:00.420 align:start position:0% is a commodity or token of utility or just<00:08:57.550> neither<00:08:57.759> so<00:08:58.300> we<00:08:59.199> are<00:08:59.319> we<00:08:59.529> are<00:09:00.069> putting 00:09:00.420 --> 00:09:00.430 align:start position:0% just neither so we are we are putting 00:09:00.430 --> 00:09:02.850 align:start position:0% just neither so we are we are putting our<00:09:00.670> own<00:09:00.790> thought<00:09:01.240> our<00:09:01.480> own<00:09:01.660> process<00:09:02.110> and<00:09:02.319> we 00:09:02.850 --> 00:09:02.860 align:start position:0% our own thought our own process and we 00:09:02.860 --> 00:09:05.040 align:start position:0% our own thought our own process and we have<00:09:03.009> discussed<00:09:03.490> for<00:09:04.209> each<00:09:04.420> and<00:09:04.629> every<00:09:04.899> aspect 00:09:05.040 --> 00:09:05.050 align:start position:0% have discussed for each and every aspect 00:09:05.050 --> 00:09:07.650 align:start position:0% have discussed for each and every aspect of<00:09:05.439> it<00:09:05.620> whether<00:09:05.949> it<00:09:06.129> is<00:09:06.160> a<00:09:06.310> currency<00:09:06.730> or<00:09:07.089> which 00:09:07.650 --> 00:09:07.660 align:start position:0% of it whether it is a currency or which 00:09:07.660 --> 00:09:11.340 align:start position:0% of it whether it is a currency or which is<00:09:07.779> a<00:09:07.810> commodity<00:09:08.139> or<00:09:08.680> it<00:09:09.189> is<00:09:09.370> neither<00:09:10.350> earthly 00:09:11.340 --> 00:09:11.350 align:start position:0% is a commodity or it is neither earthly 00:09:11.350 --> 00:09:13.769 align:start position:0% is a commodity or it is neither earthly speaking<00:09:11.829> if<00:09:12.009> I<00:09:12.430> can<00:09:12.670> share<00:09:13.300> with<00:09:13.480> you<00:09:13.629> my 00:09:13.769 --> 00:09:13.779 align:start position:0% speaking if I can share with you my 00:09:13.779 --> 00:09:16.920 align:start position:0% speaking if I can share with you my point<00:09:14.050> of<00:09:14.139> view<00:09:14.199> I<00:09:14.560> would<00:09:15.189> argue<00:09:15.430> that<00:09:15.930> Kryptos 00:09:16.920 --> 00:09:16.930 align:start position:0% point of view I would argue that Kryptos 00:09:16.930 --> 00:09:21.019 align:start position:0% point of view I would argue that Kryptos subject<00:09:17.860> to<00:09:17.980> the<00:09:18.160> technical<00:09:19.379> compliant<00:09:20.379> M<00:09:20.589> of 00:09:21.019 --> 00:09:21.029 align:start position:0% subject to the technical compliant M of 00:09:21.029 --> 00:09:23.850 align:start position:0% subject to the technical compliant M of cryptography<00:09:22.029> and<00:09:22.660> blockchain<00:09:22.899> and<00:09:23.139> high 00:09:23.850 --> 00:09:23.860 align:start position:0% cryptography and blockchain and high 00:09:23.860 --> 00:09:26.730 align:start position:0% cryptography and blockchain and high standard<00:09:24.310> of<00:09:24.459> the<00:09:24.670> technology<00:09:25.420> they<00:09:26.379> are<00:09:26.500> not 00:09:26.730 --> 00:09:26.740 align:start position:0% standard of the technology they are not 00:09:26.740 --> 00:09:29.730 align:start position:0% standard of the technology they are not currency<00:09:27.279> in<00:09:27.459> nature<00:09:27.879> but<00:09:28.509> they<00:09:28.689> are<00:09:28.720> a<00:09:29.139> good 00:09:29.730 --> 00:09:29.740 align:start position:0% currency in nature but they are a good 00:09:29.740 --> 00:09:32.819 align:start position:0% currency in nature but they are a good medium<00:09:30.310> of<00:09:30.490> exchange<00:09:30.990> not<00:09:31.990> amounting<00:09:32.649> to 00:09:32.819 --> 00:09:32.829 align:start position:0% medium of exchange not amounting to 00:09:32.829 --> 00:09:34.980 align:start position:0% medium of exchange not amounting to currency<00:09:33.430> so<00:09:33.939> this<00:09:34.089> my<00:09:34.329> personal<00:09:34.660> point<00:09:34.899> of 00:09:34.980 --> 00:09:34.990 align:start position:0% currency so this my personal point of 00:09:34.990 --> 00:09:38.280 align:start position:0% currency so this my personal point of view<00:09:35.050> which<00:09:35.680> I'm<00:09:35.920> trying<00:09:36.100> to<00:09:36.310> argue<00:09:36.759> and<00:09:37.600> put 00:09:38.280 --> 00:09:38.290 align:start position:0% view which I'm trying to argue and put 00:09:38.290 --> 00:09:40.860 align:start position:0% view which I'm trying to argue and put it<00:09:38.439> in<00:09:38.740> many<00:09:38.980> other<00:09:39.120> seminar<00:09:40.120> and<00:09:40.300> conferences 00:09:40.860 --> 00:09:40.870 align:start position:0% it in many other seminar and conferences 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the future next this is important<00:09:52.089> slide<00:09:52.300> I<00:09:52.509> think<00:09:52.540> we<00:09:52.870> can<00:09:53.019> take<00:09:53.170> away 00:09:53.429 --> 00:09:53.439 align:start position:0% important slide I think we can take away 00:09:53.439 --> 00:09:55.170 align:start position:0% important slide I think we can take away this<00:09:53.500> like<00:09:53.829> with<00:09:53.980> you<00:09:54.160> this<00:09:54.730> is<00:09:54.939> what<00:09:55.060> I'm 00:09:55.170 --> 00:09:55.180 align:start position:0% this like with you this is what I'm 00:09:55.180 --> 00:09:57.720 align:start position:0% this like with you this is what I'm trying<00:09:55.360> to<00:09:55.540> say<00:09:55.839> and<00:09:56.379> to<00:09:56.920> share<00:09:57.160> with<00:09:57.339> you 00:09:57.720 --> 00:09:57.730 align:start position:0% trying to say and to share with you 00:09:57.730 --> 00:10:00.509 align:start position:0% trying to say and to share with you Shara<00:09:58.600> is<00:09:58.779> very<00:09:59.019> close<00:09:59.319> to<00:09:59.350> Kryptos<00:10:00.069> and<00:10:00.309> the 00:10:00.509 --> 00:10:00.519 align:start position:0% Shara is very close to Kryptos and the 00:10:00.519 --> 00:10:03.360 align:start position:0% Shara is very close to Kryptos and the blockchain<00:10:00.759> because<00:10:01.449> Sharia<00:10:02.259> Islam<00:10:03.040> in 00:10:03.360 --> 00:10:03.370 align:start position:0% blockchain because Sharia Islam in 00:10:03.370 --> 00:10:06.150 align:start position:0% blockchain because Sharia Islam in general<00:10:03.639> is<00:10:04.000> based<00:10:04.329> on<00:10:04.540> five<00:10:05.160> important 00:10:06.150 --> 00:10:06.160 align:start position:0% general is based on five important 00:10:06.160 --> 00:10:09.569 align:start position:0% general is based on five important vertical<00:10:07.769> decentralized<00:10:08.769> we<00:10:09.250> don't<00:10:09.430> have 00:10:09.569 --> 00:10:09.579 align:start position:0% vertical decentralized we don't have 00:10:09.579 --> 00:10:11.329 align:start position:0% vertical decentralized we don't have centralized<00:10:10.059> system<00:10:10.480> even<00:10:10.959> for<00:10:11.170> the 00:10:11.329 --> 00:10:11.339 align:start position:0% centralized system even for the 00:10:11.339 --> 00:10:14.210 align:start position:0% centralized system even for the interpretation<00:10:12.339> we<00:10:12.670> do<00:10:12.790> have<00:10:12.970> one<00:10:13.209> comment 00:10:14.210 --> 00:10:14.220 align:start position:0% interpretation we do have one comment 00:10:14.220 --> 00:10:17.129 align:start position:0% interpretation we do have one comment institution<00:10:15.220> to<00:10:15.430> dictate<00:10:15.879> we<00:10:16.389> open<00:10:16.809> up<00:10:16.959> the 00:10:17.129 --> 00:10:17.139 align:start position:0% institution to dictate we open up the 00:10:17.139 --> 00:10:19.980 align:start position:0% institution to dictate we open up the freedom<00:10:17.529> of<00:10:17.740> expression<00:10:18.779> safety<00:10:19.779> and 00:10:19.980 --> 00:10:19.990 align:start position:0% freedom of expression safety and 00:10:19.990 --> 00:10:22.920 align:start position:0% freedom of expression safety and security<00:10:20.259> we<00:10:21.040> try<00:10:21.430> to<00:10:21.490> help<00:10:21.879> to<00:10:22.329> protect<00:10:22.540> the 00:10:22.920 --> 00:10:22.930 align:start position:0% security we try to help to protect the 00:10:22.930 --> 00:10:24.689 align:start position:0% security we try to help to protect the interest<00:10:23.379> in<00:10:23.529> the<00:10:23.649> rights<00:10:23.860> of<00:10:24.040> the<00:10:24.160> people<00:10:24.519> at 00:10:24.689 --> 00:10:24.699 align:start position:0% interest in the rights of the people at 00:10:24.699 --> 00:10:26.730 align:start position:0% interest in the rights of the people at the<00:10:24.819> end<00:10:24.970> of<00:10:25.089> the<00:10:25.209> day<00:10:25.360> change<00:10:26.319> of<00:10:26.500> data 00:10:26.730 --> 00:10:26.740 align:start position:0% the end of the day change of data 00:10:26.740 --> 00:10:29.639 align:start position:0% the end of the day change of data perhaps<00:10:27.279> again<00:10:27.970> you<00:10:28.120> are<00:10:28.240> not<00:10:28.269> aware<00:10:28.629> of<00:10:28.689> in 00:10:29.639 --> 00:10:29.649 align:start position:0% perhaps again you are not aware of in 00:10:29.649 --> 00:10:32.400 align:start position:0% perhaps again you are not aware of in Islamic<00:10:30.160> history<00:10:30.490> from<00:10:31.120> for<00:10:31.540> the<00:10:31.660> last<00:10:31.839> 1,000 00:10:32.400 --> 00:10:32.410 align:start position:0% Islamic history from for the last 1,000 00:10:32.410 --> 00:10:34.769 align:start position:0% Islamic history from for the last 1,000 four<00:10:32.620> years<00:10:32.860> ago<00:10:33.160> we<00:10:33.970> don't<00:10:34.209> have<00:10:34.360> blockchain 00:10:34.769 --> 00:10:34.779 align:start position:0% four years ago we don't have blockchain 00:10:34.779 --> 00:10:36.720 align:start position:0% four years ago we don't have blockchain by<00:10:34.990> then<00:10:35.230> of<00:10:35.439> course<00:10:35.680> we<00:10:35.889> do<00:10:36.009> have<00:10:36.040> the<00:10:36.220> data<00:10:36.490> we 00:10:36.720 --> 00:10:36.730 align:start position:0% by then of course we do have the data we 00:10:36.730 --> 00:10:39.210 align:start position:0% by then of course we do have the data we have<00:10:36.910> the<00:10:37.180> technology<00:10:37.750> but<00:10:38.410> we<00:10:38.559> have<00:10:38.740> used<00:10:39.040> the 00:10:39.210 --> 00:10:39.220 align:start position:0% have the technology but we have used the 00:10:39.220 --> 00:10:43.049 align:start position:0% have the technology but we have used the change<00:10:39.550> to<00:10:40.769> reinforce<00:10:41.769> the<00:10:42.040> security<00:10:42.670> of<00:10:42.699> data 00:10:43.049 --> 00:10:43.059 align:start position:0% change to reinforce the security of data 00:10:43.059 --> 00:10:46.379 align:start position:0% change to reinforce the security of data so<00:10:43.930> we<00:10:44.110> have<00:10:44.290> many<00:10:44.740> many<00:10:45.009> transmitters<00:10:45.819> they 00:10:46.379 --> 00:10:46.389 align:start position:0% so we have many many transmitters they 00:10:46.389 --> 00:10:48.269 align:start position:0% so we have many many transmitters they have<00:10:46.750> to<00:10:46.959> transmit<00:10:47.439> the<00:10:47.589> knowledge<00:10:47.620> for<00:10:48.129> one 00:10:48.269 --> 00:10:48.279 align:start position:0% have to transmit the knowledge for one 00:10:48.279 --> 00:10:50.639 align:start position:0% have to transmit the knowledge for one person<00:10:48.670> to<00:10:48.819> another<00:10:49.029> and<00:10:49.420> that<00:10:49.620> quality<00:10:50.620> of 00:10:50.639 --> 00:10:50.649 align:start position:0% person to another and that quality of 00:10:50.649 --> 00:10:52.619 align:start position:0% person to another and that quality of transmitters<00:10:51.430> should<00:10:51.670> be<00:10:51.819> reinforced<00:10:52.449> by<00:10:52.480> the 00:10:52.619 --> 00:10:52.629 align:start position:0% transmitters should be reinforced by the 00:10:52.629 --> 00:10:55.199 align:start position:0% transmitters should be reinforced by the number<00:10:53.139> the<00:10:53.709> quality<00:10:54.189> of<00:10:54.370> notes<00:10:54.699> if<00:10:54.910> you<00:10:55.029> like 00:10:55.199 --> 00:10:55.209 align:start position:0% number the quality of notes if you like 00:10:55.209 --> 00:10:56.939 align:start position:0% number the quality of notes if you like in<00:10:55.360> the<00:10:55.420> current<00:10:55.720> time<00:10:55.959> they<00:10:56.139> cannot<00:10:56.500> spur<00:10:56.800> in 00:10:56.939 --> 00:10:56.949 align:start position:0% in the current time they cannot spur in 00:10:56.949 --> 00:10:59.069 align:start position:0% in the current time they cannot spur in the<00:10:57.040> past<00:10:57.279> we<00:10:57.430> call<00:10:57.720> transmitters<00:10:58.720> of<00:10:58.839> the 00:10:59.069 --> 00:10:59.079 align:start position:0% the past we call transmitters of the 00:10:59.079 --> 00:11:01.470 align:start position:0% the past we call transmitters of the knowledge<00:10:59.319> and<00:10:59.649> the<00:10:59.829> data<00:11:00.069> and<00:11:00.430> they<00:11:01.360> are 00:11:01.470 --> 00:11:01.480 align:start position:0% knowledge and the data and they are 00:11:01.480 --> 00:11:04.620 align:start position:0% knowledge and the data and they are immutable<00:11:02.110> and<00:11:02.819> fairness<00:11:03.819> and<00:11:03.970> transparent 00:11:04.620 --> 00:11:04.630 align:start position:0% immutable and fairness and transparent 00:11:04.630 --> 00:11:08.040 align:start position:0% immutable and fairness and transparent these<00:11:05.019> are<00:11:05.380> the<00:11:05.740> fourth<00:11:06.069> vehicle<00:11:06.759> of 00:11:08.040 --> 00:11:08.050 align:start position:0% these are the fourth vehicle of 00:11:08.050 --> 00:11:10.019 align:start position:0% these are the fourth vehicle of sheriff<00:11:08.320> compliant<00:11:08.890> perspective<00:11:09.760> and 00:11:10.019 --> 00:11:10.029 align:start position:0% sheriff compliant perspective and 00:11:10.029 --> 00:11:14.340 align:start position:0% sheriff compliant perspective and perfectly<00:11:11.019> you<00:11:11.800> know<00:11:12.450> suit<00:11:13.450> the<00:11:14.050> whole 00:11:14.340 --> 00:11:14.350 align:start position:0% perfectly you know suit the whole 00:11:14.350 --> 00:11:16.920 align:start position:0% perfectly you know suit the whole architecture<00:11:14.680> and<00:11:15.370> algorism<00:11:16.029> of<00:11:16.360> blockchain 00:11:16.920 --> 00:11:16.930 align:start position:0% architecture and algorism of blockchain 00:11:16.930 --> 00:11:21.980 align:start position:0% architecture and algorism of blockchain and<00:11:18.000> smart<00:11:19.000> technology<00:11:19.149> to<00:11:20.110> a<00:11:20.140> large<00:11:20.410> extent 00:11:21.980 --> 00:11:21.990 align:start position:0% and smart technology to a large extent 00:11:21.990 --> 00:11:24.829 align:start position:0% and smart technology to a large extent status<00:11:22.990> of<00:11:23.140> ETA<00:11:23.470> I<00:11:23.589> will<00:11:23.740> skip<00:11:23.980> this<00:11:24.160> one 00:11:24.829 --> 00:11:24.839 align:start position:0% status of ETA I will skip this one 00:11:24.839 --> 00:11:29.850 align:start position:0% status of ETA I will skip this one basically<00:11:26.880> we<00:11:27.880> are<00:11:27.910> putting<00:11:28.450> the<00:11:28.810> right<00:11:28.990> the 00:11:29.850 --> 00:11:29.860 align:start position:0% basically we are putting the right the 00:11:29.860 --> 00:11:33.380 align:start position:0% basically we are putting the right the final<00:11:30.250> conclusion<00:11:30.850> on<00:11:31.329> either<00:11:31.570> we<00:11:32.500> are 00:11:33.380 --> 00:11:33.390 align:start position:0% final conclusion on either we are 00:11:33.390 --> 00:11:35.970 align:start position:0% final conclusion on either we are finalizing<00:11:34.390> the<00:11:34.690> research<00:11:35.019> and<00:11:35.260> we<00:11:35.500> are<00:11:35.680> very 00:11:35.970 --> 00:11:35.980 align:start position:0% finalizing the research and we are very 00:11:35.980 --> 00:11:40.319 align:start position:0% finalizing the research and we are very much<00:11:36.540> you<00:11:37.540> know<00:11:38.010> saying<00:11:39.010> that<00:11:39.310> it<00:11:39.850> is<00:11:40.269> a 00:11:40.319 --> 00:11:40.329 align:start position:0% much you know saying that it is a 00:11:40.329 --> 00:11:44.009 align:start position:0% much you know saying that it is a Shariah<00:11:40.660> compliant<00:11:41.910> token<00:11:42.910> that<00:11:43.089> can<00:11:43.630> be<00:11:43.779> used 00:11:44.009 --> 00:11:44.019 align:start position:0% Shariah compliant token that can be used 00:11:44.019 --> 00:11:46.470 align:start position:0% Shariah compliant token that can be used for<00:11:44.320> many<00:11:44.680> other<00:11:44.800> transaction<00:11:45.670> but<00:11:46.180> we<00:11:46.329> have 00:11:46.470 --> 00:11:46.480 align:start position:0% for many other transaction but we have 00:11:46.480 --> 00:11:48.600 align:start position:0% for many other transaction but we have to<00:11:46.660> share<00:11:47.500> with<00:11:47.769> rich<00:11:48.070> you<00:11:48.250> and<00:11:48.430> with<00:11:48.550> the 00:11:48.600 --> 00:11:48.610 align:start position:0% to share with rich you and with the 00:11:48.610 --> 00:11:50.519 align:start position:0% to share with rich you and with the whole<00:11:48.760> community<00:11:49.269> the<00:11:49.420> basis<00:11:49.810> of<00:11:49.930> our 00:11:50.519 --> 00:11:50.529 align:start position:0% whole community the basis of our 00:11:50.529 --> 00:11:55.110 align:start position:0% whole community the basis of our argument<00:11:51.130> and<00:11:51.940> next<00:11:52.810> I<00:11:53.709> will<00:11:54.550> skip<00:11:54.910> this<00:11:55.060> one 00:11:55.110 --> 00:11:55.120 align:start position:0% argument and next I will skip this one 00:11:55.120 --> 00:11:59.670 align:start position:0% argument and next I will skip this one okay<00:11:56.430> it's<00:11:57.430> either<00:11:57.790> a<00:11:58.000> compliant<00:11:58.660> we<00:11:59.410> have<00:11:59.560> to 00:11:59.670 --> 00:11:59.680 align:start position:0% okay it's either a compliant we have to 00:11:59.680 --> 00:12:02.910 align:start position:0% okay it's either a compliant we have to wait<00:11:59.829> for<00:11:59.890> that<00:12:00.420> okay<00:12:01.450> otherwise<00:12:01.899> there's<00:12:02.709> no 00:12:02.910 --> 00:12:02.920 align:start position:0% wait for that okay otherwise there's no 00:12:02.920 --> 00:12:05.930 align:start position:0% wait for that okay otherwise there's no more<00:12:03.190> fun<00:12:04.120> to<00:12:04.420> share<00:12:04.660> in<00:12:04.870> the<00:12:04.990> next<00:12:05.110> few<00:12:05.440> weeks 00:12:05.930 --> 00:12:05.940 align:start position:0% more fun to share in the next few weeks 00:12:05.940 --> 00:12:08.670 align:start position:0% more fun to share in the next few weeks and<00:12:07.079> smart<00:12:08.079> contract 00:12:08.670 --> 00:12:08.680 align:start position:0% and smart contract 00:12:08.680 --> 00:12:10.590 align:start position:0% and smart contract I<00:12:08.709> am<00:12:08.950> very<00:12:09.190> intrigued<00:12:09.670> at<00:12:09.820> smart<00:12:10.089> contract<00:12:10.480> a 00:12:10.590 --> 00:12:10.600 align:start position:0% I am very intrigued at smart contract a 00:12:10.600 --> 00:12:12.449 align:start position:0% I am very intrigued at smart contract a very<00:12:10.810> shut<00:12:11.050> up<00:12:11.170> compliant<00:12:11.649> I<00:12:11.709> can<00:12:11.890> see<00:12:12.100> it<00:12:12.279> now 00:12:12.449 --> 00:12:12.459 align:start position:0% very shut up compliant I can see it now 00:12:12.459 --> 00:12:14.430 align:start position:0% very shut up compliant I can see it now I<00:12:12.490> can<00:12:12.850> share<00:12:13.060> with<00:12:13.240> our<00:12:13.300> smart<00:12:14.140> countries 00:12:14.430 --> 00:12:14.440 align:start position:0% I can share with our smart countries 00:12:14.440 --> 00:12:16.260 align:start position:0% I can share with our smart countries very<00:12:14.680> much<00:12:14.890> our<00:12:15.070> compliant<00:12:15.700> and<00:12:15.790> very<00:12:16.029> very 00:12:16.260 --> 00:12:16.270 align:start position:0% very much our compliant and very very 00:12:16.270 --> 00:12:18.510 align:start position:0% very much our compliant and very very happy<00:12:16.600> to<00:12:16.630> see<00:12:16.930> that<00:12:16.959> because<00:12:17.680> it<00:12:17.829> has<00:12:18.040> all<00:12:18.220> the 00:12:18.510 --> 00:12:18.520 align:start position:0% happy to see that because it has all the 00:12:18.520 --> 00:12:20.699 align:start position:0% happy to see that because it has all the political<00:12:18.700> and<00:12:19.209> features<00:12:19.570> to<00:12:20.140> make<00:12:20.290> sure<00:12:20.440> it 00:12:20.699 --> 00:12:20.709 align:start position:0% political and features to make sure it 00:12:20.709 --> 00:12:25.170 align:start position:0% political and features to make sure it is<00:12:20.860> sure<00:12:21.100> a<00:12:21.130> compliant<00:12:21.820> and<00:12:22.350> provided<00:12:23.910> no<00:12:24.910> we 00:12:25.170 --> 00:12:25.180 align:start position:0% is sure a compliant and provided no we 00:12:25.180 --> 00:12:28.470 align:start position:0% is sure a compliant and provided no we have<00:12:25.329> to<00:12:25.709> exclude<00:12:26.709> the<00:12:27.459> purpose<00:12:27.910> the<00:12:28.089> sector 00:12:28.470 --> 00:12:28.480 align:start position:0% have to exclude the purpose the sector 00:12:28.480 --> 00:12:30.210 align:start position:0% have to exclude the purpose the sector and<00:12:28.630> the<00:12:28.690> features<00:12:29.020> which<00:12:29.260> are<00:12:29.620> complain<00:12:30.040> like 00:12:30.210 --> 00:12:30.220 align:start position:0% and the features which are complain like 00:12:30.220 --> 00:12:33.420 align:start position:0% and the features which are complain like all<00:12:30.670> the<00:12:31.260> alcohol<00:12:32.260> and<00:12:32.560> non<00:12:32.709> halal<00:12:33.010> food<00:12:33.220> and 00:12:33.420 --> 00:12:33.430 align:start position:0% all the alcohol and non halal food and 00:12:33.430 --> 00:12:35.610 align:start position:0% all the alcohol and non halal food and so<00:12:33.579> and<00:12:33.700> so<00:12:33.790> forth<00:12:34.089> this<00:12:34.839> interior<00:12:35.170> you<00:12:35.410> cannot 00:12:35.610 --> 00:12:35.620 align:start position:0% so and so forth this interior you cannot 00:12:35.620 --> 00:12:37.769 align:start position:0% so and so forth this interior you cannot run<00:12:35.890> away<00:12:36.040> we<00:12:36.279> have<00:12:36.430> to<00:12:36.579> stick<00:12:36.880> to<00:12:37.000> that<00:12:37.149> sector 00:12:37.769 --> 00:12:37.779 align:start position:0% run away we have to stick to that sector 00:12:37.779 --> 00:12:40.920 align:start position:0% run away we have to stick to that sector which<00:12:38.170> is<00:12:38.200> prohibitive<00:12:38.860> but<00:12:39.010> the<00:12:39.250> rest<00:12:39.930> other 00:12:40.920 --> 00:12:40.930 align:start position:0% which is prohibitive but the rest other 00:12:40.930 --> 00:12:43.230 align:start position:0% which is prohibitive but the rest other than<00:12:41.110> these<00:12:41.290> three<00:12:41.529> four<00:12:42.130> or<00:12:42.220> five<00:12:42.459> restricted 00:12:43.230 --> 00:12:43.240 align:start position:0% than these three four or five restricted 00:12:43.240 --> 00:12:45.269 align:start position:0% than these three four or five restricted sectors<00:12:43.660> the<00:12:44.500> rest<00:12:44.649> should<00:12:44.920> be<00:12:44.950> sure 00:12:45.269 --> 00:12:45.279 align:start position:0% sectors the rest should be sure 00:12:45.279 --> 00:12:47.579 align:start position:0% sectors the rest should be sure compliant<00:12:45.880> and<00:12:45.970> acceptable<00:12:46.540> and<00:12:46.870> the<00:12:47.350> last 00:12:47.579 --> 00:12:47.589 align:start position:0% compliant and acceptable and the last 00:12:47.589 --> 00:12:50.850 align:start position:0% compliant and acceptable and the last one<00:12:47.829> fizzy<00:12:48.220> would<00:12:48.700> be<00:12:49.350> this<00:12:50.350> is<00:12:50.410> something 00:12:50.850 --> 00:12:50.860 align:start position:0% one fizzy would be this is something 00:12:50.860 --> 00:12:54.269 align:start position:0% one fizzy would be this is something little<00:12:51.070> bit<00:12:51.339> at<00:12:51.490> the<00:12:51.610> moment<00:12:52.980> proof<00:12:53.980> of<00:12:54.130> work 00:12:54.269 --> 00:12:54.279 align:start position:0% little bit at the moment proof of work 00:12:54.279 --> 00:12:57.569 align:start position:0% little bit at the moment proof of work which<00:12:54.610> is<00:12:54.640> not<00:12:54.940> the<00:12:55.300> issue<00:12:55.529> proof<00:12:56.529> of<00:12:56.680> stick<00:12:56.949> we 00:12:57.569 --> 00:12:57.579 align:start position:0% which is not the issue proof of stick we 00:12:57.579 --> 00:12:58.560 align:start position:0% which is not the issue proof of stick we are<00:12:57.760> almost<00:12:57.970> there 00:12:58.560 --> 00:12:58.570 align:start position:0% are almost there 00:12:58.570 --> 00:13:01.110 align:start position:0% are almost there persuade<00:12:59.170> speaking<00:12:59.620> and<00:13:00.040> not<00:13:00.250> to<00:13:00.459> cut<00:13:00.910> my 00:13:01.110 --> 00:13:01.120 align:start position:0% persuade speaking and not to cut my 00:13:01.120 --> 00:13:03.269 align:start position:0% persuade speaking and not to cut my other<00:13:01.480> surely<00:13:01.810> about<00:13:02.140> scholars<00:13:02.500> I<00:13:02.709> would 00:13:03.269 --> 00:13:03.279 align:start position:0% other surely about scholars I would 00:13:03.279 --> 00:13:05.970 align:start position:0% other surely about scholars I would personally<00:13:04.000> argue<00:13:04.510> proof<00:13:04.810> of<00:13:04.959> stake<00:13:05.170> it's<00:13:05.769> not 00:13:05.970 --> 00:13:05.980 align:start position:0% personally argue proof of stake it's not 00:13:05.980 --> 00:13:08.160 align:start position:0% personally argue proof of stake it's not only<00:13:06.160> sure<00:13:06.310> a<00:13:06.339> compliant<00:13:07.060> but<00:13:07.480> it<00:13:07.600> is<00:13:07.750> the<00:13:07.930> best 00:13:08.160 --> 00:13:08.170 align:start position:0% only sure a compliant but it is the best 00:13:08.170 --> 00:13:10.050 align:start position:0% only sure a compliant but it is the best way<00:13:08.350> of<00:13:08.380> doing<00:13:08.620> thing<00:13:09.010> to<00:13:09.490> make<00:13:09.640> sure<00:13:09.670> we<00:13:09.970> can 00:13:10.050 --> 00:13:10.060 align:start position:0% way of doing thing to make sure we can 00:13:10.060 --> 00:13:12.509 align:start position:0% way of doing thing to make sure we can cut<00:13:10.329> cost<00:13:10.630> it<00:13:10.839> can<00:13:10.959> give<00:13:11.170> more<00:13:11.440> efficiency<00:13:12.370> to 00:13:12.509 --> 00:13:12.519 align:start position:0% cut cost it can give more efficiency to 00:13:12.519 --> 00:13:14.370 align:start position:0% cut cost it can give more efficiency to our<00:13:12.610> own<00:13:12.730> system<00:13:13.149> and<00:13:13.630> we<00:13:13.750> hope<00:13:13.930> that<00:13:13.959> prof 00:13:14.370 --> 00:13:14.380 align:start position:0% our own system and we hope that prof 00:13:14.380 --> 00:13:16.740 align:start position:0% our own system and we hope that prof estate<00:13:14.769> will<00:13:14.949> be<00:13:14.980> a<00:13:15.339> new<00:13:15.640> technology<00:13:16.510> to 00:13:16.740 --> 00:13:16.750 align:start position:0% estate will be a new technology to 00:13:16.750 --> 00:13:19.199 align:start position:0% estate will be a new technology to support<00:13:17.260> the<00:13:17.620> whole<00:13:17.800> industry<00:13:18.339> with<00:13:19.000> that<00:13:19.180> I 00:13:19.199 --> 00:13:19.209 align:start position:0% support the whole industry with that I 00:13:19.209 --> 00:13:21.769 align:start position:0% support the whole industry with that I would<00:13:19.420> like<00:13:19.540> to<00:13:19.570> thank<00:13:19.930> you<00:13:20.079> very<00:13:20.290> much 00:13:21.769 --> 00:13:21.779 align:start position:0% would like to thank you very much 00:13:21.779 --> 00:13:27.420 align:start position:0% would like to thank you very much okay<00:13:23.220> and<00:13:24.930> I<00:13:25.930> would<00:13:26.439> like<00:13:26.560> to<00:13:26.769> end<00:13:27.160> my 00:13:27.420 --> 00:13:27.430 align:start position:0% okay and I would like to end my 00:13:27.430 --> 00:13:30.210 align:start position:0% okay and I would like to end my presentation<00:13:28.240> by<00:13:28.420> quoting<00:13:28.720> the<00:13:29.009> Mithila<00:13:30.009> tic 00:13:30.210 --> 00:13:30.220 align:start position:0% presentation by quoting the Mithila tic 00:13:30.220 --> 00:13:32.369 align:start position:0% presentation by quoting the Mithila tic Martin<00:13:31.029> Luther<00:13:31.360> King<00:13:31.600> when<00:13:31.870> he<00:13:31.990> was<00:13:32.139> saying 00:13:32.369 --> 00:13:32.379 align:start position:0% Martin Luther King when he was saying 00:13:32.379 --> 00:13:34.499 align:start position:0% Martin Luther King when he was saying there's<00:13:32.980> always<00:13:33.160> the<00:13:33.399> right<00:13:33.579> time<00:13:33.850> to<00:13:34.180> do<00:13:34.300> what 00:13:34.499 --> 00:13:34.509 align:start position:0% there's always the right time to do what 00:13:34.509 --> 00:13:36.300 align:start position:0% there's always the right time to do what is<00:13:34.600> right<00:13:34.810> and<00:13:35.079> the<00:13:35.470> time<00:13:35.649> is<00:13:35.769> right<00:13:35.980> to<00:13:36.160> do 00:13:36.300 --> 00:13:36.310 align:start position:0% is right and the time is right to do 00:13:36.310 --> 00:13:43.249 align:start position:0% is right and the time is right to do Sharia<00:13:36.910> and<00:13:37.829> cryptos<00:13:38.860> thank<00:13:39.220> you<00:13:39.309> very<00:13:39.459> much 00:13:43.249 --> 00:13:43.259 align:start position:0% 00:13:43.259 --> 00:13:45.449 align:start position:0% yeah<00:13:44.290> more<00:13:44.589> than<00:13:44.709> happy<00:13:44.920> to<00:13:44.949> the<00:13:45.220> easy 00:13:45.449 --> 00:13:45.459 align:start position:0% yeah more than happy to the easy 00:13:45.459 --> 00:13:52.410 align:start position:0% yeah more than happy to the easy question<00:13:45.939> only<00:13:50.639> hello<00:13:51.639> thank<00:13:52.089> you<00:13:52.180> very<00:13:52.269> much 00:13:52.410 --> 00:13:52.420 align:start position:0% question only hello thank you very much 00:13:52.420 --> 00:13:53.790 align:start position:0% question only hello thank you very much for<00:13:52.629> taking<00:13:52.749> the<00:13:52.930> time<00:13:52.959> to<00:13:53.230> talk<00:13:53.410> to<00:13:53.559> us<00:13:53.680> about 00:13:53.790 --> 00:13:53.800 align:start position:0% for taking the time to talk to us about 00:13:53.800 --> 00:13:56.549 align:start position:0% for taking the time to talk to us about this<00:13:54.040> topic<00:13:54.279> it's<00:13:54.519> very<00:13:54.790> fascinating<00:13:55.559> one 00:13:56.549 --> 00:13:56.559 align:start position:0% this topic it's very fascinating one 00:13:56.559 --> 00:13:58.590 align:start position:0% this topic it's very fascinating one question<00:13:56.920> I<00:13:56.980> do<00:13:57.040> have<00:13:57.279> you<00:13:57.430> quickly<00:13:57.939> mentioned 00:13:58.590 --> 00:13:58.600 align:start position:0% question I do have you quickly mentioned 00:13:58.600 --> 00:14:00.900 align:start position:0% question I do have you quickly mentioned it<00:13:58.779> so<00:13:59.199> proof<00:13:59.379> of<00:13:59.499> stake<00:13:59.709> is<00:13:59.860> inherently<00:14:00.309> some 00:14:00.900 --> 00:14:00.910 align:start position:0% it so proof of stake is inherently some 00:14:00.910 --> 00:14:03.269 align:start position:0% it so proof of stake is inherently some type<00:14:01.269> of<00:14:01.509> form<00:14:01.779> of<00:14:02.019> getting<00:14:02.230> interest<00:14:02.980> on<00:14:03.160> your 00:14:03.269 --> 00:14:03.279 align:start position:0% type of form of getting interest on your 00:14:03.279 --> 00:14:05.549 align:start position:0% type of form of getting interest on your investment<00:14:03.819> so<00:14:04.360> if<00:14:04.540> the<00:14:04.839> whole<00:14:04.990> system<00:14:05.259> would 00:14:05.549 --> 00:14:05.559 align:start position:0% investment so if the whole system would 00:14:05.559 --> 00:14:09.090 align:start position:0% investment so if the whole system would rely<00:14:05.829> on<00:14:05.860> such<00:14:06.189> a<00:14:07.079> consensus<00:14:08.079> algorithm<00:14:08.439> with 00:14:09.090 --> 00:14:09.100 align:start position:0% rely on such a consensus algorithm with 00:14:09.100 --> 00:14:11.040 align:start position:0% rely on such a consensus algorithm with that<00:14:09.309> inherently<00:14:09.910> make<00:14:10.149> ether<00:14:10.629> non 00:14:11.040 --> 00:14:11.050 align:start position:0% that inherently make ether non 00:14:11.050 --> 00:14:12.329 align:start position:0% that inherently make ether non sharia-compliant 00:14:12.329 --> 00:14:12.339 align:start position:0% sharia-compliant 00:14:12.339 --> 00:14:15.210 align:start position:0% sharia-compliant and<00:14:12.689> would<00:14:13.689> you<00:14:13.839> still<00:14:14.410> consider<00:14:14.620> smart 00:14:15.210 --> 00:14:15.220 align:start position:0% and would you still consider smart 00:14:15.220 --> 00:14:17.489 align:start position:0% and would you still consider smart contracts<00:14:16.120> therefore<00:14:16.899> to<00:14:16.990> be<00:14:17.139> sure<00:14:17.350> you're 00:14:17.489 --> 00:14:17.499 align:start position:0% contracts therefore to be sure you're 00:14:17.499 --> 00:14:19.590 align:start position:0% contracts therefore to be sure you're compliant<00:14:17.829> thank<00:14:18.550> you<00:14:18.639> yeah 00:14:19.590 --> 00:14:19.600 align:start position:0% compliant thank you yeah 00:14:19.600 --> 00:14:21.749 align:start position:0% compliant thank you yeah it<00:14:19.990> is<00:14:20.170> very<00:14:20.350> much<00:14:20.589> on<00:14:20.829> a<00:14:20.860> compliant<00:14:21.459> we<00:14:21.579> caught 00:14:21.749 --> 00:14:21.759 align:start position:0% it is very much on a compliant we caught 00:14:21.759 --> 00:14:24.929 align:start position:0% it is very much on a compliant we caught it<00:14:21.939> at<00:14:22.180> the<00:14:23.129> enhancer<00:14:24.129> the<00:14:24.279> value<00:14:24.670> of<00:14:24.819> the 00:14:24.929 --> 00:14:24.939 align:start position:0% it at the enhancer the value of the 00:14:24.939 --> 00:14:28.619 align:start position:0% it at the enhancer the value of the whole<00:14:25.120> system<00:14:25.740> cheaper<00:14:26.740> faster<00:14:27.250> quicker<00:14:28.120> and 00:14:28.619 --> 00:14:28.629 align:start position:0% whole system cheaper faster quicker and 00:14:28.629 --> 00:14:31.530 align:start position:0% whole system cheaper faster quicker and safer<00:14:29.079> if<00:14:29.470> you<00:14:29.529> like<00:14:29.860> and<00:14:30.149> anything<00:14:31.149> that<00:14:31.180> can 00:14:31.530 --> 00:14:31.540 align:start position:0% safer if you like and anything that can 00:14:31.540 --> 00:14:34.319 align:start position:0% safer if you like and anything that can lead<00:14:31.809> to<00:14:31.990> that<00:14:32.279> high<00:14:33.279> level<00:14:33.699> of<00:14:33.910> satisfaction 00:14:34.319 --> 00:14:34.329 align:start position:0% lead to that high level of satisfaction 00:14:34.329 --> 00:14:37.259 align:start position:0% lead to that high level of satisfaction that<00:14:35.110> is<00:14:35.769> should<00:14:36.009> we<00:14:36.160> shall<00:14:36.370> compare<00:14:36.790> remember 00:14:37.259 --> 00:14:37.269 align:start position:0% that is should we shall compare remember 00:14:37.269 --> 00:14:39.269 align:start position:0% that is should we shall compare remember my<00:14:37.420> slightest<00:14:37.899> now<00:14:38.079> we<00:14:38.589> have<00:14:38.680> to<00:14:38.829> offer<00:14:38.920> three 00:14:39.269 --> 00:14:39.279 align:start position:0% my slightest now we have to offer three 00:14:39.279 --> 00:14:41.879 align:start position:0% my slightest now we have to offer three things<00:14:39.550> only<00:14:39.959> interest<00:14:40.959> or<00:14:41.139> usually<00:14:41.649> a 00:14:41.879 --> 00:14:41.889 align:start position:0% things only interest or usually a 00:14:41.889 --> 00:14:44.939 align:start position:0% things only interest or usually a gambling<00:14:42.850> or<00:14:43.059> uncertainty<00:14:43.870> and<00:14:44.290> the<00:14:44.740> rest 00:14:44.939 --> 00:14:44.949 align:start position:0% gambling or uncertainty and the rest 00:14:44.949 --> 00:14:58.190 align:start position:0% gambling or uncertainty and the rest it's<00:14:45.370> a<00:14:45.490> free<00:14:45.670> world<00:14:45.850> for<00:14:46.089> everyone<00:14:46.449> to<00:14:46.600> do 00:14:58.190 --> 00:14:58.200 align:start position:0% 00:14:58.200 --> 00:15:05.329 align:start position:0% [Music] 00:15:05.329 --> 00:15:05.339 align:start position:0% 00:15:05.339 --> 00:15:09.480 align:start position:0% definitely<00:15:07.230> from<00:15:08.230> my<00:15:08.350> perspective<00:15:08.620> it<00:15:09.220> is<00:15:09.279> not 00:15:09.480 --> 00:15:09.490 align:start position:0% definitely from my perspective it is not 00:15:09.490 --> 00:15:12.329 align:start position:0% definitely from my perspective it is not a<00:15:09.790> currency<00:15:10.179> it<00:15:10.449> is<00:15:10.509> not<00:15:10.899> a<00:15:10.929> commodity<00:15:11.649> it<00:15:12.100> is<00:15:12.309> a 00:15:12.329 --> 00:15:12.339 align:start position:0% a currency it is not a commodity it is a 00:15:12.339 --> 00:15:14.369 align:start position:0% a currency it is not a commodity it is a new<00:15:12.610> way<00:15:12.939> of<00:15:12.970> doing<00:15:13.300> T<00:15:13.660> it's<00:15:13.839> a<00:15:13.899> medium<00:15:14.230> of 00:15:14.369 --> 00:15:14.379 align:start position:0% new way of doing T it's a medium of 00:15:14.379 --> 00:15:17.189 align:start position:0% new way of doing T it's a medium of exchange<00:15:14.759> but<00:15:15.759> not<00:15:16.029> amounting<00:15:16.569> to<00:15:16.750> currency 00:15:17.189 --> 00:15:17.199 align:start position:0% exchange but not amounting to currency 00:15:17.199 --> 00:15:19.410 align:start position:0% exchange but not amounting to currency as<00:15:17.559> I<00:15:17.889> speak<00:15:18.129> at<00:15:18.309> the<00:15:18.399> moment<00:15:18.730> so<00:15:19.149> it's<00:15:19.300> very 00:15:19.410 --> 00:15:19.420 align:start position:0% as I speak at the moment so it's very 00:15:19.420 --> 00:15:21.090 align:start position:0% as I speak at the moment so it's very unique<00:15:19.929> because<00:15:20.110> it<00:15:20.379> has<00:15:20.410> all<00:15:20.769> the<00:15:20.920> features 00:15:21.090 --> 00:15:21.100 align:start position:0% unique because it has all the features 00:15:21.100 --> 00:15:23.970 align:start position:0% unique because it has all the features of<00:15:21.309> currency<00:15:22.269> medium<00:15:23.050> of<00:15:23.170> exchange<00:15:23.470> to<00:15:23.949> a 00:15:23.970 --> 00:15:23.980 align:start position:0% of currency medium of exchange to a 00:15:23.980 --> 00:15:26.009 align:start position:0% of currency medium of exchange to a value<00:15:24.490> unique<00:15:24.970> measurement<00:15:25.600> and<00:15:25.749> what<00:15:25.839> have 00:15:26.009 --> 00:15:26.019 align:start position:0% value unique measurement and what have 00:15:26.019 --> 00:15:28.110 align:start position:0% value unique measurement and what have you<00:15:26.050> but<00:15:26.740> it<00:15:26.920> might<00:15:27.069> like<00:15:27.309> you<00:15:27.670> might<00:15:27.879> like 00:15:28.110 --> 00:15:28.120 align:start position:0% you but it might like you might like 00:15:28.120 --> 00:15:31.019 align:start position:0% you but it might like you might like some<00:15:28.389> of<00:15:28.420> the<00:15:28.660> element<00:15:29.139> of<00:15:29.199> it<00:15:29.379> so<00:15:29.709> at<00:15:30.189> the<00:15:30.910> end 00:15:31.019 --> 00:15:31.029 align:start position:0% some of the element of it so at the end 00:15:31.029 --> 00:15:34.379 align:start position:0% some of the element of it so at the end of<00:15:31.179> the<00:15:31.300> day<00:15:31.449> it<00:15:32.290> might<00:15:32.679> not<00:15:32.949> be<00:15:33.220> harmful<00:15:34.000> to 00:15:34.379 --> 00:15:34.389 align:start position:0% of the day it might not be harmful to 00:15:34.389 --> 00:15:35.100 align:start position:0% of the day it might not be harmful to use<00:15:34.660> it 00:15:35.100 --> 00:15:35.110 align:start position:0% use it 00:15:35.110 --> 00:15:37.860 align:start position:0% use it as<00:15:35.200> the<00:15:35.350> currency<00:15:36.600> acceptable<00:15:37.600> to<00:15:37.750> the 00:15:37.860 --> 00:15:37.870 align:start position:0% as the currency acceptable to the 00:15:37.870 --> 00:15:40.380 align:start position:0% as the currency acceptable to the community<00:15:38.440> given<00:15:39.370> any<00:15:39.610> community<00:15:40.149> in<00:15:40.269> the 00:15:40.380 --> 00:15:40.390 align:start position:0% community given any community in the 00:15:40.390 --> 00:15:42.410 align:start position:0% community given any community in the world<00:15:40.510> so<00:15:40.779> this<00:15:40.959> is<00:15:41.110> my<00:15:41.320> very<00:15:42.040> much 00:15:42.410 --> 00:15:42.420 align:start position:0% world so this is my very much 00:15:42.420 --> 00:15:45.780 align:start position:0% world so this is my very much sharia-compliant<00:15:43.510> way<00:15:44.380> of<00:15:44.589> looking<00:15:44.980> at<00:15:45.130> it<00:15:45.339> as 00:15:45.780 --> 00:15:45.790 align:start position:0% sharia-compliant way of looking at it as 00:15:45.790 --> 00:15:47.660 align:start position:0% sharia-compliant way of looking at it as we<00:15:46.000> speak 00:15:47.660 --> 00:15:47.670 align:start position:0% we speak 00:15:47.670 --> 00:15:55.230 align:start position:0% we speak please<00:15:51.120> sorry<00:15:52.120> I<00:15:52.209> think<00:15:52.870> you're<00:15:53.019> managing<00:15:54.240> yes 00:15:55.230 --> 00:15:55.240 align:start position:0% please sorry I think you're managing yes 00:15:55.240 --> 00:15:57.900 align:start position:0% please sorry I think you're managing yes sorry<00:15:55.450> I<00:15:55.690> have<00:15:55.899> to<00:15:56.019> follow<00:15:56.200> the<00:15:56.470> okay<00:15:57.100> so<00:15:57.850> you 00:15:57.900 --> 00:15:57.910 align:start position:0% sorry I have to follow the okay so you 00:15:57.910 --> 00:15:59.009 align:start position:0% sorry I have to follow the okay so you had<00:15:58.089> a<00:15:58.120> slide<00:15:58.329> about<00:15:58.480> this<00:15:58.630> but<00:15:58.810> I<00:15:58.839> was 00:15:59.009 --> 00:15:59.019 align:start position:0% had a slide about this but I was 00:15:59.019 --> 00:16:00.329 align:start position:0% had a slide about this but I was wondering<00:15:59.200> if<00:15:59.350> you<00:15:59.470> could<00:15:59.560> elaborate<00:16:00.040> more<00:16:00.279> on 00:16:00.329 --> 00:16:00.339 align:start position:0% wondering if you could elaborate more on 00:16:00.339 --> 00:16:02.340 align:start position:0% wondering if you could elaborate more on the<00:16:00.760> principles<00:16:01.360> you<00:16:01.450> said<00:16:01.779> of<00:16:02.019> like<00:16:02.230> the 00:16:02.340 --> 00:16:02.350 align:start position:0% the principles you said of like the 00:16:02.350 --> 00:16:03.509 align:start position:0% the principles you said of like the crypto<00:16:02.620> community<00:16:03.040> the<00:16:03.160> things<00:16:03.310> that<00:16:03.459> we 00:16:03.509 --> 00:16:03.519 align:start position:0% crypto community the things that we 00:16:03.519 --> 00:16:05.220 align:start position:0% crypto community the things that we value<00:16:03.700> that<00:16:04.000> overlap<00:16:04.570> with<00:16:04.870> some<00:16:04.899> of<00:16:05.140> the 00:16:05.220 --> 00:16:05.230 align:start position:0% value that overlap with some of the 00:16:05.230 --> 00:16:06.630 align:start position:0% value that overlap with some of the things<00:16:05.380> that<00:16:05.529> you<00:16:05.589> talked<00:16:05.860> about<00:16:05.950> you<00:16:06.339> had 00:16:06.630 --> 00:16:06.640 align:start position:0% things that you talked about you had 00:16:06.640 --> 00:16:08.550 align:start position:0% things that you talked about you had like<00:16:06.790> the<00:16:06.820> five<00:16:07.180> things<00:16:07.930> on<00:16:08.019> the<00:16:08.140> slide<00:16:08.320> yeah 00:16:08.550 --> 00:16:08.560 align:start position:0% like the five things on the slide yeah 00:16:08.560 --> 00:16:10.110 align:start position:0% like the five things on the slide yeah yeah<00:16:08.950> could<00:16:09.250> you<00:16:09.399> talk<00:16:09.579> a<00:16:09.610> little<00:16:09.670> more<00:16:09.850> about 00:16:10.110 --> 00:16:10.120 align:start position:0% yeah could you talk a little more about 00:16:10.120 --> 00:16:14.009 align:start position:0% yeah could you talk a little more about that<00:16:11.430> sure<00:16:12.430> but<00:16:12.790> we<00:16:12.940> need<00:16:13.120> one<00:16:13.480> over<00:16:13.720> for<00:16:13.899> that 00:16:14.009 --> 00:16:14.019 align:start position:0% that sure but we need one over for that 00:16:14.019 --> 00:16:16.920 align:start position:0% that sure but we need one over for that I<00:16:14.050> mean<00:16:14.290> okay<00:16:15.269> basically<00:16:16.269> we<00:16:16.630> are<00:16:16.660> more<00:16:16.839> than 00:16:16.920 --> 00:16:16.930 align:start position:0% I mean okay basically we are more than 00:16:16.930 --> 00:16:19.860 align:start position:0% I mean okay basically we are more than happy<00:16:17.110> to<00:16:17.260> put<00:16:17.709> that<00:16:17.890> in<00:16:18.070> our<00:16:18.250> slide<00:16:18.940> that<00:16:19.180> mean 00:16:19.860 --> 00:16:19.870 align:start position:0% happy to put that in our slide that mean 00:16:19.870 --> 00:16:21.750 align:start position:0% happy to put that in our slide that mean email<00:16:20.260> or<00:16:20.290> whatever<00:16:20.529> after<00:16:20.890> this<00:16:21.220> because<00:16:21.399> in 00:16:21.750 --> 00:16:21.760 align:start position:0% email or whatever after this because in 00:16:21.760 --> 00:16:24.300 align:start position:0% email or whatever after this because in it's<00:16:21.940> very<00:16:22.630> much<00:16:22.870> a<00:16:23.110> society<00:16:23.769> discussion 00:16:24.300 --> 00:16:24.310 align:start position:0% it's very much a society discussion 00:16:24.310 --> 00:16:27.500 align:start position:0% it's very much a society discussion because<00:16:24.700> the<00:16:25.300> five<00:16:25.570> vertical<00:16:25.899> just<00:16:26.290> now 00:16:27.500 --> 00:16:27.510 align:start position:0% because the five vertical just now 00:16:27.510 --> 00:16:29.759 align:start position:0% because the five vertical just now because<00:16:28.510> these<00:16:28.630> are<00:16:28.839> the<00:16:28.959> very<00:16:29.140> fundamental 00:16:29.759 --> 00:16:29.769 align:start position:0% because these are the very fundamental 00:16:29.769 --> 00:16:34.410 align:start position:0% because these are the very fundamental of<00:16:29.980> Sharia<00:16:30.399> and<00:16:30.640> how<00:16:31.240> blockchain<00:16:32.670> sorondo<00:16:33.700> DC 00:16:34.410 --> 00:16:34.420 align:start position:0% of Sharia and how blockchain sorondo DC 00:16:34.420 --> 00:16:37.319 align:start position:0% of Sharia and how blockchain sorondo DC from<00:16:34.600> the<00:16:34.660> very<00:16:34.899> first<00:16:35.140> day<00:16:35.350> of<00:16:35.410> Sharia<00:16:36.329> 1400s 00:16:37.319 --> 00:16:37.329 align:start position:0% from the very first day of Sharia 1400s 00:16:37.329 --> 00:16:39.930 align:start position:0% from the very first day of Sharia 1400s ago<00:16:37.630> this<00:16:38.170> are<00:16:38.529> the<00:16:38.980> vertical<00:16:39.310> of<00:16:39.699> the 00:16:39.930 --> 00:16:39.940 align:start position:0% ago this are the vertical of the 00:16:39.940 --> 00:16:42.329 align:start position:0% ago this are the vertical of the financial<00:16:40.449> dealing<00:16:40.750> in<00:16:40.930> Sharia<00:16:41.260> it<00:16:41.920> is<00:16:42.070> about 00:16:42.329 --> 00:16:42.339 align:start position:0% financial dealing in Sharia it is about 00:16:42.339 --> 00:16:44.910 align:start position:0% financial dealing in Sharia it is about transparency<00:16:42.670> it's<00:16:43.180> about<00:16:43.500> you<00:16:44.500> know<00:16:44.649> the 00:16:44.910 --> 00:16:44.920 align:start position:0% transparency it's about you know the 00:16:44.920 --> 00:16:47.250 align:start position:0% transparency it's about you know the proof<00:16:45.160> of<00:16:45.399> security<00:16:46.120> and<00:16:46.329> what<00:16:46.750> have<00:16:46.930> you<00:16:47.050> so 00:16:47.250 --> 00:16:47.260 align:start position:0% proof of security and what have you so 00:16:47.260 --> 00:16:49.139 align:start position:0% proof of security and what have you so they<00:16:47.380> I'm<00:16:47.529> very<00:16:47.769> delighted<00:16:48.010> to<00:16:48.490> see<00:16:48.670> how<00:16:49.089> the 00:16:49.139 --> 00:16:49.149 align:start position:0% they I'm very delighted to see how the 00:16:49.149 --> 00:16:51.120 align:start position:0% they I'm very delighted to see how the blockchain<00:16:49.510> comes<00:16:50.019> and<00:16:50.320> how<00:16:50.500> the<00:16:50.560> crypto 00:16:51.120 --> 00:16:51.130 align:start position:0% blockchain comes and how the crypto 00:16:51.130 --> 00:16:54.180 align:start position:0% blockchain comes and how the crypto comes<00:16:51.430> to<00:16:51.940> reinforce<00:16:52.510> this<00:16:53.410> kind<00:16:53.709> of<00:16:53.829> five 00:16:54.180 --> 00:16:54.190 align:start position:0% comes to reinforce this kind of five 00:16:54.190 --> 00:16:58.220 align:start position:0% comes to reinforce this kind of five vertical<00:16:54.670> of<00:16:54.880> the<00:16:55.170> Sharia<00:16:56.430> financial 00:16:58.220 --> 00:16:58.230 align:start position:0% vertical of the Sharia financial 00:16:58.230 --> 00:17:01.079 align:start position:0% vertical of the Sharia financial algorithm<00:16:59.230> for<00:16:59.860> the<00:16:59.949> past<00:17:00.160> how<00:17:00.339> many<00:17:00.550> years<00:17:00.820> or 00:17:01.079 --> 00:17:01.089 align:start position:0% algorithm for the past how many years or 00:17:01.089 --> 00:17:03.840 align:start position:0% algorithm for the past how many years or centuries<00:17:01.540> but<00:17:02.470> identity<00:17:02.860> I<00:17:02.920> can<00:17:03.250> go<00:17:03.579> through 00:17:03.840 --> 00:17:03.850 align:start position:0% centuries but identity I can go through 00:17:03.850 --> 00:17:05.309 align:start position:0% centuries but identity I can go through because<00:17:04.150> we'll<00:17:04.270> take<00:17:04.449> some<00:17:04.630> time<00:17:04.839> I'd<00:17:05.020> want<00:17:05.230> to 00:17:05.309 --> 00:17:05.319 align:start position:0% because we'll take some time I'd want to 00:17:05.319 --> 00:17:07.860 align:start position:0% because we'll take some time I'd want to take<00:17:05.530> other<00:17:05.709> speakers<00:17:06.549> time<00:17:06.760> if<00:17:07.150> you<00:17:07.510> allow<00:17:07.839> me 00:17:07.860 --> 00:17:07.870 align:start position:0% take other speakers time if you allow me 00:17:07.870 --> 00:17:10.949 align:start position:0% take other speakers time if you allow me to<00:17:08.470> say<00:17:08.650> that<00:17:08.829> thank<00:17:09.130> you<00:17:09.689> one<00:17:10.689> quick<00:17:10.900> question 00:17:10.949 --> 00:17:10.959 align:start position:0% to say that thank you one quick question 00:17:10.959 --> 00:17:14.220 align:start position:0% to say that thank you one quick question following<00:17:11.650> up<00:17:11.829> on<00:17:12.040> for<00:17:12.520> those<00:17:13.299> of<00:17:13.449> us<00:17:13.569> who<00:17:13.809> very 00:17:14.220 --> 00:17:14.230 align:start position:0% following up on for those of us who very 00:17:14.230 --> 00:17:15.720 align:start position:0% following up on for those of us who very interesting<00:17:14.740> topic<00:17:15.069> thank<00:17:15.280> you<00:17:15.429> by<00:17:15.579> the<00:17:15.610> way 00:17:15.720 --> 00:17:15.730 align:start position:0% interesting topic thank you by the way 00:17:15.730 --> 00:17:18.090 align:start position:0% interesting topic thank you by the way feel<00:17:16.089> really<00:17:16.419> well<00:17:16.569> presented<00:17:16.900> I<00:17:17.290> appreciate 00:17:18.090 --> 00:17:18.100 align:start position:0% feel really well presented I appreciate 00:17:18.100 --> 00:17:18.980 align:start position:0% feel really well presented I appreciate that 00:17:18.980 --> 00:17:18.990 align:start position:0% that 00:17:18.990 --> 00:17:21.720 align:start position:0% that for<00:17:19.990> proof<00:17:20.169> of<00:17:20.290> stake<00:17:20.589> where<00:17:20.949> it's<00:17:21.370> sort<00:17:21.669> of 00:17:21.720 --> 00:17:21.730 align:start position:0% for proof of stake where it's sort of 00:17:21.730 --> 00:17:23.819 align:start position:0% for proof of stake where it's sort of considered<00:17:22.209> a<00:17:22.360> good<00:17:22.600> community<00:17:23.140> reward<00:17:23.620> that 00:17:23.819 --> 00:17:23.829 align:start position:0% considered a good community reward that 00:17:23.829 --> 00:17:25.020 align:start position:0% considered a good community reward that does<00:17:24.010> something<00:17:24.280> very<00:17:24.610> useful 00:17:25.020 --> 00:17:25.030 align:start position:0% does something very useful 00:17:25.030 --> 00:17:26.850 align:start position:0% does something very useful can<00:17:25.600> you<00:17:25.689> just<00:17:25.900> it<00:17:26.110> would<00:17:26.199> be<00:17:26.380> really<00:17:26.650> helpful 00:17:26.850 --> 00:17:26.860 align:start position:0% can you just it would be really helpful 00:17:26.860 --> 00:17:29.159 align:start position:0% can you just it would be really helpful to<00:17:27.069> owes<00:17:27.280> it<00:17:27.520> those<00:17:27.730> of<00:17:27.760> us<00:17:28.000> who<00:17:28.390> don't<00:17:28.929> have 00:17:29.159 --> 00:17:29.169 align:start position:0% to owes it those of us who don't have 00:17:29.169 --> 00:17:31.260 align:start position:0% to owes it those of us who don't have the<00:17:29.290> nuance<00:17:29.679> on<00:17:29.980> what<00:17:30.280> bad<00:17:30.520> interest<00:17:31.059> is 00:17:31.260 --> 00:17:31.270 align:start position:0% the nuance on what bad interest is 00:17:31.270 --> 00:17:33.390 align:start position:0% the nuance on what bad interest is because<00:17:32.020> people<00:17:32.200> call<00:17:32.590> the<00:17:32.830> proof<00:17:33.010> of<00:17:33.160> stake 00:17:33.390 --> 00:17:33.400 align:start position:0% because people call the proof of stake 00:17:33.400 --> 00:17:35.909 align:start position:0% because people call the proof of stake reward<00:17:33.820> interest<00:17:34.299> in<00:17:34.630> the<00:17:35.049> Western<00:17:35.440> systems 00:17:35.909 --> 00:17:35.919 align:start position:0% reward interest in the Western systems 00:17:35.919 --> 00:17:37.980 align:start position:0% reward interest in the Western systems and<00:17:36.100> so<00:17:36.190> what<00:17:36.309> is<00:17:36.429> like<00:17:36.580> a<00:17:36.610> bad<00:17:36.910> interest<00:17:37.510> that 00:17:37.980 --> 00:17:37.990 align:start position:0% and so what is like a bad interest that 00:17:37.990 --> 00:17:40.320 align:start position:0% and so what is like a bad interest that would<00:17:38.110> have<00:17:38.230> made<00:17:38.410> it<00:17:38.559> like<00:17:38.820> not<00:17:39.820> allowed<00:17:40.090> and 00:17:40.320 --> 00:17:40.330 align:start position:0% would have made it like not allowed and 00:17:40.330 --> 00:17:44.100 align:start position:0% would have made it like not allowed and regular<00:17:40.690> okay<00:17:41.530> interestingly<00:17:42.309> I<00:17:42.669> was<00:17:43.110> being 00:17:44.100 --> 00:17:44.110 align:start position:0% regular okay interestingly I was being 00:17:44.110 --> 00:17:46.350 align:start position:0% regular okay interestingly I was being engaged<00:17:44.530> by<00:17:44.740> some<00:17:45.250> other<00:17:45.429> colleagues<00:17:45.700> someone 00:17:46.350 --> 00:17:46.360 align:start position:0% engaged by some other colleagues someone 00:17:46.360 --> 00:17:48.900 align:start position:0% engaged by some other colleagues someone in<00:17:46.870> the<00:17:47.050> in<00:17:47.559> the<00:17:47.679> fertility 00:17:48.900 --> 00:17:48.910 align:start position:0% in the in the fertility 00:17:48.910 --> 00:17:52.080 align:start position:0% in the in the fertility and<00:17:48.970> I<00:17:49.150> have<00:17:49.450> gone<00:17:49.750> through<00:17:49.810> the<00:17:50.910> discussion<00:17:51.910> I 00:17:52.080 --> 00:17:52.090 align:start position:0% and I have gone through the discussion I 00:17:52.090 --> 00:17:53.850 align:start position:0% and I have gone through the discussion I don't<00:17:52.540> need<00:17:52.720> this<00:17:52.840> interest<00:17:53.350> from<00:17:53.530> the<00:17:53.680> share 00:17:53.850 --> 00:17:53.860 align:start position:0% don't need this interest from the share 00:17:53.860 --> 00:17:56.100 align:start position:0% don't need this interest from the share a<00:17:53.890> point<00:17:54.130> of<00:17:54.250> view<00:17:54.400> it<00:17:55.060> might<00:17:55.630> not<00:17:55.810> you<00:17:56.050> might 00:17:56.100 --> 00:17:56.110 align:start position:0% a point of view it might not you might 00:17:56.110 --> 00:17:58.050 align:start position:0% a point of view it might not you might call<00:17:56.590> interest<00:17:57.130> but<00:17:57.340> interest<00:17:57.730> has<00:17:57.850> many 00:17:58.050 --> 00:17:58.060 align:start position:0% call interest but interest has many 00:17:58.060 --> 00:18:00.720 align:start position:0% call interest but interest has many meanings<00:17:58.270> in<00:17:58.660> the<00:17:58.900> financial<00:17:59.830> chénier<00:18:00.340> recall 00:18:00.720 --> 00:18:00.730 align:start position:0% meanings in the financial chénier recall 00:18:00.730 --> 00:18:05.040 align:start position:0% meanings in the financial chénier recall carried<00:18:01.060> interest<00:18:01.360> recall<00:18:01.900> you<00:18:02.890> know<00:18:04.050> many 00:18:05.040 --> 00:18:05.050 align:start position:0% carried interest recall you know many 00:18:05.050 --> 00:18:06.710 align:start position:0% carried interest recall you know many other<00:18:05.230> thing<00:18:05.500> interest<00:18:05.980> but<00:18:06.160> they<00:18:06.340> are<00:18:06.460> not 00:18:06.710 --> 00:18:06.720 align:start position:0% other thing interest but they are not 00:18:06.720 --> 00:18:09.120 align:start position:0% other thing interest but they are not clinically<00:18:07.720> from<00:18:08.470> the<00:18:08.620> clinical<00:18:09.040> definition 00:18:09.120 --> 00:18:09.130 align:start position:0% clinically from the clinical definition 00:18:09.130 --> 00:18:11.520 align:start position:0% clinically from the clinical definition interest<00:18:10.030> from<00:18:10.150> share<00:18:10.420> perspective<00:18:11.050> because 00:18:11.520 --> 00:18:11.530 align:start position:0% interest from share perspective because 00:18:11.530 --> 00:18:14.550 align:start position:0% interest from share perspective because it's<00:18:11.800> not<00:18:12.070> a<00:18:12.340> guaranteed<00:18:13.200> amount<00:18:14.200> of<00:18:14.350> money 00:18:14.550 --> 00:18:14.560 align:start position:0% it's not a guaranteed amount of money 00:18:14.560 --> 00:18:16.770 align:start position:0% it's not a guaranteed amount of money given<00:18:15.010> to<00:18:15.040> your<00:18:15.340> stick<00:18:15.730> in<00:18:16.060> the<00:18:16.510> in<00:18:16.660> the 00:18:16.770 --> 00:18:16.780 align:start position:0% given to your stick in the in the 00:18:16.780 --> 00:18:20.090 align:start position:0% given to your stick in the in the platform<00:18:17.260> number<00:18:18.190> one<00:18:18.340> number<00:18:18.460> two<00:18:19.020> you<00:18:20.020> are 00:18:20.090 --> 00:18:20.100 align:start position:0% platform number one number two you are 00:18:20.100 --> 00:18:22.560 align:start position:0% platform number one number two you are coming<00:18:21.100> as<00:18:21.190> a<00:18:21.220> membership<00:18:21.670> so<00:18:22.060> if<00:18:22.180> kind<00:18:22.480> of 00:18:22.560 --> 00:18:22.570 align:start position:0% coming as a membership so if kind of 00:18:22.570 --> 00:18:24.720 align:start position:0% coming as a membership so if kind of membership<00:18:23.080> kind<00:18:23.350> of<00:18:23.560> structure<00:18:24.430> and<00:18:24.640> you 00:18:24.720 --> 00:18:24.730 align:start position:0% membership kind of structure and you 00:18:24.730 --> 00:18:26.910 align:start position:0% membership kind of structure and you might<00:18:24.940> have<00:18:25.120> some<00:18:25.300> reward<00:18:25.690> for<00:18:26.320> taking<00:18:26.500> that 00:18:26.910 --> 00:18:26.920 align:start position:0% might have some reward for taking that 00:18:26.920 --> 00:18:30.270 align:start position:0% might have some reward for taking that risk<00:18:27.480> initially<00:18:28.480> so<00:18:28.720> and<00:18:28.960> move<00:18:29.410> and<00:18:29.650> on<00:18:29.920> and<00:18:30.100> on 00:18:30.270 --> 00:18:30.280 align:start position:0% risk initially so and move and on and on 00:18:30.280 --> 00:18:33.090 align:start position:0% risk initially so and move and on and on at<00:18:30.760> the<00:18:30.880> end<00:18:31.030> of<00:18:31.150> the<00:18:31.270> day<00:18:31.390> I<00:18:31.420> can<00:18:31.750> sum<00:18:31.960> up<00:18:32.100> with 00:18:33.090 --> 00:18:33.100 align:start position:0% at the end of the day I can sum up with 00:18:33.100 --> 00:18:36.060 align:start position:0% at the end of the day I can sum up with confident<00:18:33.700> for<00:18:34.540> me<00:18:34.690> personally<00:18:34.990> this<00:18:35.800> not 00:18:36.060 --> 00:18:36.070 align:start position:0% confident for me personally this not 00:18:36.070 --> 00:18:38.250 align:start position:0% confident for me personally this not only<00:18:36.130> interests<00:18:36.700> and<00:18:36.880> this<00:18:37.420> is<00:18:37.600> away<00:18:38.020> from 00:18:38.250 --> 00:18:38.260 align:start position:0% only interests and this is away from 00:18:38.260 --> 00:18:40.500 align:start position:0% only interests and this is away from interest<00:18:38.740> and<00:18:38.920> this<00:18:39.400> is<00:18:39.520> something<00:18:39.730> a<00:18:40.120> smart 00:18:40.500 --> 00:18:40.510 align:start position:0% interest and this is something a smart 00:18:40.510 --> 00:18:42.900 align:start position:0% interest and this is something a smart way<00:18:40.660> of<00:18:40.690> doing<00:18:40.870> to<00:18:41.320> cut<00:18:41.800> cost<00:18:42.100> and<00:18:42.190> to<00:18:42.760> make 00:18:42.900 --> 00:18:42.910 align:start position:0% way of doing to cut cost and to make 00:18:42.910 --> 00:18:45.750 align:start position:0% way of doing to cut cost and to make sure<00:18:43.030> that<00:18:43.270> the<00:18:43.930> proof<00:18:44.170> of<00:18:44.290> stake<00:18:44.560> is<00:18:44.770> the<00:18:44.830> way 00:18:45.750 --> 00:18:45.760 align:start position:0% sure that the proof of stake is the way 00:18:45.760 --> 00:18:48.390 align:start position:0% sure that the proof of stake is the way forward<00:18:46.150> to<00:18:46.300> do<00:18:47.260> any<00:18:47.470> but<00:18:47.800> doing<00:18:48.040> about<00:18:48.280> the 00:18:48.390 --> 00:18:48.400 align:start position:0% forward to do any but doing about the 00:18:48.400 --> 00:18:50.610 align:start position:0% forward to do any but doing about the interest<00:18:48.760> internet<00:18:49.120> we<00:18:49.240> use<00:18:49.480> for<00:18:50.230> many<00:18:50.410> other 00:18:50.610 --> 00:18:50.620 align:start position:0% interest internet we use for many other 00:18:50.620 --> 00:18:53.070 align:start position:0% interest internet we use for many other thing<00:18:50.920> which<00:18:51.160> is<00:18:51.190> not<00:18:51.400> interested<00:18:51.880> in<00:18:51.940> SN<00:18:52.300> even 00:18:53.070 --> 00:18:53.080 align:start position:0% thing which is not interested in SN even 00:18:53.080 --> 00:19:01.440 align:start position:0% thing which is not interested in SN even in<00:18:53.200> the<00:18:53.290> financial<00:18:53.740> world<00:18:53.770> at<00:18:54.130> the<00:18:54.250> moment<00:19:00.450> I'm 00:19:01.440 --> 00:19:01.450 align:start position:0% in the financial world at the moment I'm 00:19:01.450 --> 00:19:03.300 align:start position:0% in the financial world at the moment I'm third<00:19:01.810> year<00:19:01.990> process<00:19:02.320> of<00:19:02.710> trying<00:19:02.950> to<00:19:02.980> achieve 00:19:03.300 --> 00:19:03.310 align:start position:0% third year process of trying to achieve 00:19:03.310 --> 00:19:05.280 align:start position:0% third year process of trying to achieve compliance<00:19:03.760> where<00:19:04.480> have<00:19:04.690> you<00:19:04.780> been<00:19:04.900> where 00:19:05.280 --> 00:19:05.290 align:start position:0% compliance where have you been where 00:19:05.290 --> 00:19:07.320 align:start position:0% compliance where have you been where were<00:19:05.500> the<00:19:05.590> biggest<00:19:05.830> hurdles<00:19:06.210> throughout<00:19:07.210> the 00:19:07.320 --> 00:19:07.330 align:start position:0% were the biggest hurdles throughout the 00:19:07.330 --> 00:19:08.460 align:start position:0% were the biggest hurdles throughout the entire<00:19:07.570> process<00:19:07.810> if<00:19:08.110> you're<00:19:08.230> trying<00:19:08.440> to 00:19:08.460 --> 00:19:08.470 align:start position:0% entire process if you're trying to 00:19:08.470 --> 00:19:10.230 align:start position:0% entire process if you're trying to achieve<00:19:08.770> compliance<00:19:09.190> and<00:19:09.610> ensure<00:19:09.850> compliance 00:19:10.230 --> 00:19:10.240 align:start position:0% achieve compliance and ensure compliance 00:19:10.240 --> 00:19:12.330 align:start position:0% achieve compliance and ensure compliance which<00:19:11.020> are<00:19:11.140> perspective<00:19:11.620> where<00:19:11.770> have<00:19:11.980> like 00:19:12.330 --> 00:19:12.340 align:start position:0% which are perspective where have like 00:19:12.340 --> 00:19:14.010 align:start position:0% which are perspective where have like where<00:19:12.550> were<00:19:12.640> the<00:19:12.730> biggest<00:19:13.030> hurdles<00:19:13.360> you<00:19:13.900> know 00:19:14.010 --> 00:19:14.020 align:start position:0% where were the biggest hurdles you know 00:19:14.020 --> 00:19:15.870 align:start position:0% where were the biggest hurdles you know where<00:19:14.200> biggest<00:19:14.620> problems<00:19:15.070> and<00:19:15.340> the<00:19:15.640> biggest 00:19:15.870 --> 00:19:15.880 align:start position:0% where biggest problems and the biggest 00:19:15.880 --> 00:19:18.330 align:start position:0% where biggest problems and the biggest problem<00:19:16.240> isn't<00:19:16.390> trying<00:19:16.600> to<00:19:16.720> get<00:19:17.340> solution 00:19:18.330 --> 00:19:18.340 align:start position:0% problem isn't trying to get solution 00:19:18.340 --> 00:19:22.860 align:start position:0% problem isn't trying to get solution yeah<00:19:18.900> I<00:19:19.900> think<00:19:20.710> we<00:19:20.830> have<00:19:21.040> to<00:19:21.220> see<00:19:21.460> whether<00:19:21.870> it 00:19:22.860 --> 00:19:22.870 align:start position:0% yeah I think we have to see whether it 00:19:22.870 --> 00:19:25.080 align:start position:0% yeah I think we have to see whether it has<00:19:23.170> all<00:19:23.410> the<00:19:23.620> features<00:19:23.800> of<00:19:24.040> whatever<00:19:24.760> you 00:19:25.080 --> 00:19:25.090 align:start position:0% has all the features of whatever you 00:19:25.090 --> 00:19:31.110 align:start position:0% has all the features of whatever you mentioned<00:19:25.480> no<00:19:26.610> issue<00:19:27.610> of<00:19:29.520> interest<00:19:30.520> and<00:19:30.760> and 00:19:31.110 --> 00:19:31.120 align:start position:0% mentioned no issue of interest and and 00:19:31.120 --> 00:19:34.200 align:start position:0% mentioned no issue of interest and and gambling<00:19:32.110> and<00:19:32.310> uncertainty<00:19:33.340> everything 00:19:34.200 --> 00:19:34.210 align:start position:0% gambling and uncertainty everything 00:19:34.210 --> 00:19:36.120 align:start position:0% gambling and uncertainty everything should<00:19:34.330> be<00:19:34.480> transparent<00:19:35.200> and<00:19:35.320> the<00:19:35.500> purpose<00:19:35.920> of 00:19:36.120 --> 00:19:36.130 align:start position:0% should be transparent and the purpose of 00:19:36.130 --> 00:19:38.370 align:start position:0% should be transparent and the purpose of you<00:19:36.310> issuing<00:19:36.910> any<00:19:37.060> token<00:19:37.570> should<00:19:38.080> be<00:19:38.170> sure<00:19:38.350> a 00:19:38.370 --> 00:19:38.380 align:start position:0% you issuing any token should be sure a 00:19:38.380 --> 00:19:41.730 align:start position:0% you issuing any token should be sure a compliant<00:19:39.100> I<00:19:39.250> mean<00:19:39.990> in<00:19:40.990> Islam<00:19:41.410> we<00:19:41.560> have 00:19:41.730 --> 00:19:41.740 align:start position:0% compliant I mean in Islam we have 00:19:41.740 --> 00:19:45.330 align:start position:0% compliant I mean in Islam we have certain<00:19:42.930> prohibitive<00:19:43.930> sectors<00:19:44.350> like<00:19:44.590> tobacco 00:19:45.330 --> 00:19:45.340 align:start position:0% certain prohibitive sectors like tobacco 00:19:45.340 --> 00:19:49.590 align:start position:0% certain prohibitive sectors like tobacco sorry<00:19:46.650> for<00:19:47.650> some<00:19:47.860> of<00:19:47.980> you<00:19:48.150> you<00:19:49.150> know<00:19:49.300> the<00:19:49.570> the 00:19:49.590 --> 00:19:49.600 align:start position:0% sorry for some of you you know the the 00:19:49.600 --> 00:19:53.910 align:start position:0% sorry for some of you you know the the the<00:19:50.070> weaponry<00:19:51.070> the<00:19:52.410> liquor<00:19:53.410> and<00:19:53.590> what<00:19:53.770> have 00:19:53.910 --> 00:19:53.920 align:start position:0% the weaponry the liquor and what have 00:19:53.920 --> 00:19:55.850 align:start position:0% the weaponry the liquor and what have you<00:19:54.040> so<00:19:54.190> we<00:19:54.310> have<00:19:54.340> to<00:19:54.490> respect<00:19:55.150> that<00:19:55.300> kind<00:19:55.600> of 00:19:55.850 --> 00:19:55.860 align:start position:0% you so we have to respect that kind of 00:19:55.860 --> 00:19:59.220 align:start position:0% you so we have to respect that kind of sector<00:19:56.860> and<00:19:57.100> in<00:19:57.250> the<00:19:57.370> rest<00:19:57.580> we<00:19:57.790> can<00:19:58.200> roll<00:19:59.200> out 00:19:59.220 --> 00:19:59.230 align:start position:0% sector and in the rest we can roll out 00:19:59.230 --> 00:20:03.669 align:start position:0% sector and in the rest we can roll out the<00:19:59.680> technology<00:20:00.550> without<00:20:01.060> any<00:20:01.210> problem 00:20:03.669 --> 00:20:03.679 align:start position:0% 00:20:03.679 --> 00:20:06.830 align:start position:0% you<00:20:04.679> mentioned<00:20:05.070> that<00:20:05.309> you<00:20:06.119> consider<00:20:06.479> either<00:20:06.719> a 00:20:06.830 --> 00:20:06.840 align:start position:0% you mentioned that you consider either a 00:20:06.840 --> 00:20:09.080 align:start position:0% you mentioned that you consider either a medium<00:20:07.200> exchange<00:20:07.619> but<00:20:07.919> not<00:20:08.159> a<00:20:08.190> currency<00:20:08.549> I 00:20:09.080 --> 00:20:09.090 align:start position:0% medium exchange but not a currency I 00:20:09.090 --> 00:20:11.629 align:start position:0% medium exchange but not a currency I would<00:20:09.659> confused<00:20:10.049> how<00:20:10.340> how<00:20:11.340> would<00:20:11.399> it<00:20:11.549> be 00:20:11.629 --> 00:20:11.639 align:start position:0% would confused how how would it be 00:20:11.639 --> 00:20:13.310 align:start position:0% would confused how how would it be considered<00:20:12.179> medium<00:20:12.419> exchange<00:20:12.779> but<00:20:13.049> not<00:20:13.289> a 00:20:13.310 --> 00:20:13.320 align:start position:0% considered medium exchange but not a 00:20:13.320 --> 00:20:15.379 align:start position:0% considered medium exchange but not a currency<00:20:13.669> yeah<00:20:14.669> I<00:20:14.849> think<00:20:15.029> one<00:20:15.119> of<00:20:15.149> the<00:20:15.269> points 00:20:15.379 --> 00:20:15.389 align:start position:0% currency yeah I think one of the points 00:20:15.389 --> 00:20:17.570 align:start position:0% currency yeah I think one of the points you<00:20:15.599> made<00:20:15.779> is<00:20:15.899> that<00:20:16.080> it's<00:20:16.259> not<00:20:16.580> globally 00:20:17.570 --> 00:20:17.580 align:start position:0% you made is that it's not globally 00:20:17.580 --> 00:20:20.060 align:start position:0% you made is that it's not globally accepted<00:20:18.210> he<00:20:19.109> has<00:20:19.229> a<00:20:19.259> currency<00:20:19.710> and<00:20:19.859> just 00:20:20.060 --> 00:20:20.070 align:start position:0% accepted he has a currency and just 00:20:20.070 --> 00:20:20.769 align:start position:0% accepted he has a currency and just another<00:20:20.279> currency 00:20:20.769 --> 00:20:20.779 align:start position:0% another currency 00:20:20.779 --> 00:20:23.839 align:start position:0% another currency but<00:20:21.779> making<00:20:22.200> if<00:20:22.619> a<00:20:22.769> currency<00:20:23.129> is<00:20:23.279> only<00:20:23.519> used 00:20:23.839 --> 00:20:23.849 align:start position:0% but making if a currency is only used 00:20:23.849 --> 00:20:27.320 align:start position:0% but making if a currency is only used with<00:20:24.200> one<00:20:25.200> one<00:20:25.649> nation<00:20:26.039> or<00:20:26.190> one<00:20:26.849> communities 00:20:27.320 --> 00:20:27.330 align:start position:0% with one one nation or one communities 00:20:27.330 --> 00:20:30.950 align:start position:0% with one one nation or one communities that<00:20:27.629> doesn't<00:20:28.080> disqualify<00:20:28.349> it<00:20:28.649> as<00:20:29.749> yeah<00:20:30.749> I 00:20:30.950 --> 00:20:30.960 align:start position:0% that doesn't disqualify it as yeah I 00:20:30.960 --> 00:20:32.509 align:start position:0% that doesn't disqualify it as yeah I think<00:20:31.259> I<00:20:31.349> would<00:20:31.529> I<00:20:31.799> would<00:20:31.919> agree<00:20:32.159> to<00:20:32.399> that 00:20:32.509 --> 00:20:32.519 align:start position:0% think I would I would agree to that 00:20:32.519 --> 00:20:35.959 align:start position:0% think I would I would agree to that point<00:20:32.849> of<00:20:32.969> view<00:20:32.999> because<00:20:33.979> to<00:20:34.979> be<00:20:35.339> deem<00:20:35.789> as 00:20:35.959 --> 00:20:35.969 align:start position:0% point of view because to be deem as 00:20:35.969 --> 00:20:37.700 align:start position:0% point of view because to be deem as currency<00:20:36.330> it<00:20:36.599> should<00:20:36.779> be<00:20:36.899> accepted<00:20:37.469> by<00:20:37.649> the 00:20:37.700 --> 00:20:37.710 align:start position:0% currency it should be accepted by the 00:20:37.710 --> 00:20:40.489 align:start position:0% currency it should be accepted by the whole<00:20:37.950> community<00:20:38.519> but<00:20:39.149> at<00:20:39.809> the<00:20:40.049> moment<00:20:40.200> it<00:20:40.469> is 00:20:40.489 --> 00:20:40.499 align:start position:0% whole community but at the moment it is 00:20:40.499 --> 00:20:42.889 align:start position:0% whole community but at the moment it is not<00:20:40.619> the<00:20:40.950> case<00:20:41.190> it<00:20:41.580> is<00:20:41.639> a<00:20:41.789> currency<00:20:42.299> within<00:20:42.570> the 00:20:42.889 --> 00:20:42.899 align:start position:0% not the case it is a currency within the 00:20:42.899 --> 00:20:44.869 align:start position:0% not the case it is a currency within the group<00:20:43.109> and<00:20:43.320> that<00:20:43.769> is<00:20:43.919> good<00:20:44.159> enough<00:20:44.190> because<00:20:44.580> we 00:20:44.869 --> 00:20:44.879 align:start position:0% group and that is good enough because we 00:20:44.879 --> 00:20:47.479 align:start position:0% group and that is good enough because we can<00:20:45.059> use<00:20:45.089> the<00:20:45.659> you<00:20:46.559> know<00:20:46.710> the<00:20:46.859> ETA<00:20:47.190> on<00:20:47.339> the 00:20:47.479 --> 00:20:47.489 align:start position:0% can use the you know the ETA on the 00:20:47.489 --> 00:20:49.399 align:start position:0% can use the you know the ETA on the interim<00:20:47.849> platform<00:20:48.299> to<00:20:48.450> buy<00:20:48.629> and<00:20:48.839> sell<00:20:49.019> it<00:20:49.229> is 00:20:49.399 --> 00:20:49.409 align:start position:0% interim platform to buy and sell it is 00:20:49.409 --> 00:20:51.589 align:start position:0% interim platform to buy and sell it is good<00:20:49.589> enough<00:20:49.859> to<00:20:49.919> transact<00:20:50.669> and<00:20:50.879> to<00:20:51.299> behave 00:20:51.589 --> 00:20:51.599 align:start position:0% good enough to transact and to behave 00:20:51.599 --> 00:20:53.469 align:start position:0% good enough to transact and to behave like<00:20:51.659> one<00:20:52.080> which<00:20:52.559> is<00:20:52.710> not<00:20:52.830> necessarily 00:20:53.469 --> 00:20:53.479 align:start position:0% like one which is not necessarily 00:20:53.479 --> 00:20:55.579 align:start position:0% like one which is not necessarily currency<00:20:54.479> from<00:20:54.690> shallow<00:20:54.899> perspective<00:20:55.469> it 00:20:55.579 --> 00:20:55.589 align:start position:0% currency from shallow perspective it 00:20:55.589 --> 00:20:57.589 align:start position:0% currency from shallow perspective it doesn't<00:20:55.950> matter<00:20:56.129> either<00:20:56.460> way<00:20:56.639> you<00:20:57.210> call<00:20:57.450> it 00:20:57.589 --> 00:20:57.599 align:start position:0% doesn't matter either way you call it 00:20:57.599 --> 00:21:00.499 align:start position:0% doesn't matter either way you call it currency<00:20:57.899> or<00:20:58.200> you<00:20:58.289> call<00:20:58.469> it<00:20:58.669> token<00:20:59.669> of<00:20:59.820> utility 00:21:00.499 --> 00:21:00.509 align:start position:0% currency or you call it token of utility 00:21:00.509 --> 00:21:02.599 align:start position:0% currency or you call it token of utility as<00:21:00.809> law<00:21:01.169> it<00:21:01.320> can<00:21:01.499> serve<00:21:01.769> the<00:21:01.919> purpose<00:21:01.950> for<00:21:02.519> you 00:21:02.599 --> 00:21:02.609 align:start position:0% as law it can serve the purpose for you 00:21:02.609 --> 00:21:04.579 align:start position:0% as law it can serve the purpose for you to<00:21:02.789> buy<00:21:02.969> and<00:21:03.239> sell<00:21:03.570> goods<00:21:03.809> this<00:21:04.379> is<00:21:04.440> good 00:21:04.579 --> 00:21:04.589 align:start position:0% to buy and sell goods this is good 00:21:04.589 --> 00:21:06.619 align:start position:0% to buy and sell goods this is good enough<00:21:04.830> and<00:21:05.639> from<00:21:06.059> from<00:21:06.299> that<00:21:06.450> perspective 00:21:06.619 --> 00:21:06.629 align:start position:0% enough and from from that perspective 00:21:06.629 --> 00:21:11.149 align:start position:0% enough and from from that perspective here<00:21:08.359> ok<00:21:09.359> so<00:21:09.419> I<00:21:09.659> got<00:21:10.169> one<00:21:10.379> so<00:21:10.559> I'm<00:21:10.619> talking<00:21:10.859> with 00:21:11.149 --> 00:21:11.159 align:start position:0% here ok so I got one so I'm talking with 00:21:11.159 --> 00:21:12.560 align:start position:0% here ok so I got one so I'm talking with the<00:21:11.369> with<00:21:11.609> you<00:21:11.729> with<00:21:11.849> it<00:21:11.969> the<00:21:12.029> proof<00:21:12.210> of<00:21:12.330> stake 00:21:12.560 --> 00:21:12.570 align:start position:0% the with you with it the proof of stake 00:21:12.570 --> 00:21:15.009 align:start position:0% the with you with it the proof of stake research<00:21:12.989> team<00:21:13.289> and<00:21:13.529> they<00:21:14.249> want<00:21:14.460> to<00:21:14.519> know 00:21:15.009 --> 00:21:15.019 align:start position:0% research team and they want to know 00:21:15.019 --> 00:21:17.359 align:start position:0% research team and they want to know hypothetically<00:21:16.019> if<00:21:16.200> there<00:21:16.799> were<00:21:16.919> zero 00:21:17.359 --> 00:21:17.369 align:start position:0% hypothetically if there were zero 00:21:17.369 --> 00:21:19.639 align:start position:0% hypothetically if there were zero rewards<00:21:18.029> and<00:21:18.239> there<00:21:18.570> was<00:21:18.659> only<00:21:18.690> transaction 00:21:19.639 --> 00:21:19.649 align:start position:0% rewards and there was only transaction 00:21:19.649 --> 00:21:23.029 align:start position:0% rewards and there was only transaction fees<00:21:19.889> would<00:21:20.549> that<00:21:20.729> improve<00:21:21.679> proof<00:21:22.679> of<00:21:22.830> stake 00:21:23.029 --> 00:21:23.039 align:start position:0% fees would that improve proof of stake 00:21:23.039 --> 00:21:24.919 align:start position:0% fees would that improve proof of stake in<00:21:23.279> relation<00:21:23.669> to<00:21:23.700> Sharia<00:21:24.059> compliance<00:21:24.659> I'm 00:21:24.919 --> 00:21:24.929 align:start position:0% in relation to Sharia compliance I'm 00:21:24.929 --> 00:21:37.160 align:start position:0% in relation to Sharia compliance I'm neutral<00:21:25.559> on<00:21:25.799> debt<00:21:26.479> that's<00:21:27.479> it<00:21:27.659> yes 00:21:37.160 --> 00:21:37.170 align:start position:0% 00:21:37.170 --> 00:21:39.230 align:start position:0% you