I'll go fam, good morning, good afternoon, good evening. I hope everybody is doing amazing today. Very much looking forward to our conversation for the next hour. Let's just give it another minute or two until all these speakers join in the rest of the double fam joins as well. All right. We got started in a second.
I see Mr. Simon in the audience. Simon if you can please send a speaker request. It's going to be a pleasure to bring you to the speaker board. And also Mr. Alex Daskelov if you can also send a request. So I can bring this speaker Barca.
Alright, it looks like we have everybody to speak aboard. So I want to, you know, begin our conversation today by thanking everybody that's already live. We've done some of course. Everybody's going to catch the recording later over the next 30 days. But it is an absolute pleasure to be here for another 20 spaces with our partners from the Algarane
now buy the numbers better than anyone out there. So Simon, thank you very much for joining me today. It is a pleasure to be here with you once again. Same for me Fred. Fantastic. And I also want to begin by thanking the presence of our guests today. So I want
started by introducing to the algorithm the teams from two blocks and Knoxpermuda. So from the two blocks team was joined today by Alexandre Mogadam and Kevin Riga and then from Knoxpermuda we're joined by Alex Descalov. I'm gonna try to do a very brief introduction of both projects but then I'm gonna
pass along to them because they're going to do a 10 times better job than I can. So AlbuFim, NOxBermuda is establishing an institutional grade insured custodian in Bermuda to serve an international customer base. Following the introduction of the Bermuda Monetary Authorities novel digital assets
This is the DAB8 in 2018, Bermuda is well positioned to become a global leader in the Bureau as its space. In a short time since its introduction, many firms have already moved their HQs or spawned important sub-dsett areas on the island. Nox Bermuda is the assured answer for all such firms seeking a custom
the arrangement as well as international customers seeking a solid mutual jurisdiction for custody. And then from the Knox Bermuda team were joined today by Alex Deskloff, who is the co-founder, and then moving on to two blocks. Two blocks is a company that provides data mobility data by creating
a community who shares real-time data using sensors installed on their windows and they are rewarded for participating. The data consists on counting cars, bicycle pedestrians, average speed and amongst other statistics and will help governments and businesses make better decisions about transportation or urban planning and marketing.
And then from the two blocks team were joined today by Alexander Mockadam, the founder and Kevin Rigat, the software engineer. So what I'm going to do is I'm going to start inviting the teams and starting with two blocks so they can give a proper introduction of their protocols. So two blocks team, welcome. It is a pleasure to have you here today.
And that's it. So if you can please give us an introduction to blocks. Yeah, I was going to let Alexander to do it. I don't know. He's not speaking right now.
I'm a software engineer and I'm working in all the levels of the project.
So in AI or in the device, in the blockchain maybe later as hello everyone I'm Alexander I don't know if everyone hear me
Yeah, you can hear you now. OK, I didn't get the question. I think it's on mute.
Sure, well, I was just inviting you to introduce the two blocks project for the algorithm community.
Okay, I'll give you the introduction then. So you made a very good summary, so the idea is that we install cameras on the windows of the citizens and these cameras are going to monitor the traffic.
So we are going to count cars, pedestrian, scooter, whatever. So we want to be able to count whatever the clients request. So if they want to count a scooter, then we can edit. If they want to count
wheelchair, I don't know, for example, they want to improve the food path for disabled people. Then we could start counting so that they can now where the disabled people
go that could be an idea. And to be able to count all these things, so we have the cameras, it's a, we call it a device, a sensor, device sensor, because everything is processed inside that
So no images are leaving the device. And by doing so, we improve the performance, so we don't need to send all the images through the internet and then process it. But mostly for GDPR,
reason. So we are based in Belgium, so in Europe. And we have a lot of GDPR roles. So if the images are leaving the device, then we have to comply with a lot of
GDPR rules and by letting the image inside the device, we are compliant with that. So the only thing that leaves the sensor is the numbers. So we cannot identify the person. We can
We have just numbers. And so the second part of the project is to deploy all the sensors at the seasons using the blockchain so that we can, so the citizen invests in the sensor, they put it on their window, and then we
We give some money back with tokens.
>> Yes, sure thing happy to be here. So, I'm Alex. I'm representing the NOX side of NOX Bermuda. So NOX Bermuda is a joint venture between NOX, which is a Canadian custody infrastructure company coming together with a local
We're establishing a visualistic and in-bremuda. We believe that in the way with the data act that you mentioned in the introduction, it's going to be a huge jurisdiction for the space going forward.
in insurance problems, the insured. But when a customer becomes a customer of Knox Permuda, they can be safe knowing that should they choose to have insurance purchase for their account, they can have very large sums of capacity purchased on their behalf. So hopefully that's a good rundown of what Knox Permuda
intense to be. That is fantastic. I like to thank you very much and I'll go for everybody that's joining us live right now. Of course, everybody that also catches their recording later. I think it's become pretty obvious that these two companies are centered around data collection processing and then that
is the reason why I have the honor of being joined here in the stage today by Mr. Simbonono as I said before, he's the head of BI here at the algorithm foundation so he's the numbers guy, everything that you want to know about algorithm and guys I think Simon and I have lots of questions for you both today, I think we're very curious to learn a lot
more about the products and your beauty. But I guess I'll just start with the very standard question to both companies and then opacity along to to Sanla so he can begin asking his own questions. But I just want to understand the motivation for you to first, you know, build the projects and the beauty and then second and a white algorithm. So maybe we can start with the two blocks thing please.
Yes, yes, yes, yes, yes, I'm very sorry. I had a little bit of technical trouble, but now I hear you and you hear me, so it's perfect. So regarding our motivation to build our project is simple. We had a RIMI, the other
founder of two box company, we previously in the past invested in Planet Watch and by doing that, we took the time to knock on the door of the cities, to try to sell some
some data and by doing so we noticed that the city have some requests from mobility data and for us two blogs that's how the idea came from and the motivation so we
can respond to a need to cross air quality data to mobility data because we know that the mobility have a big impact on pollution. So that's how we came up with the idea.
That is too stinking. No, steam.
Yeah, so I think so call it the Genesis story.
If you think about most any of these assets that exist in our space, for the bulk of them, they are proper bear instruments. If lost or stolen, these things are gone forever. One of the things we observe from the earliest days is most such assets when they are held by institutions or corporations or legal persons.
Those things aren't insured. Nobody is buying large sums of gold or fine art or anything of the sort and Accepting that it's going to sit in their home or into warehouse or anywhere and not be insured against its theft or loss and yet somehow in our space it has become
on the default that everyone talks about security, you know, there's a very little likelihood of such and such as it being gone, but very rarely you can somebody point to an insurance policy and say this thing is also fully insured against theft and loss, which for us is a
that absurd, we believe really all bear instruments should have at least the option of being a true shirt. So when we started life, we started asking, you know, why is this the case? Why are these assets not being adequately insured? Is it really the case that this is the first bear instrument that people don't want to insure?
or is it that the insurance industry is really far behind and not capable of understanding what's happening and capable of producing the adequate insurance policies that people would see. So over the years we really started striving to improve on three things. One, our initial piece was the scope of
The ability to ensure these assets across the entire private key life cycle. That's something that we achieved with that in 2019. The way we describe this is, you know, in terms of policies are never complete, but we're happy to call it with the scope of coverage that we have achieved. And now in the coming years, we're really going
focus on continually decreasing premiums, but the biggest problem in this space is the call it insurance capacity problem. If we're talking about living in a world in which hundreds of billions and in down the line trillions of dollars for the best it's our health and centralized custody, we really need to be able to stretch the insurance
of it leading the way through the deba act that you're introduced in the intro as well as being the world's risk capital as it calls itself and home to so many insurance and range transfers. I'm going to think that Bermuda can lead the way in both in the coming years.
Thank you, Alex. Very interesting. Now, the two blogs guys, can you explain a bit to us what kind of mobility data are you collecting and storing? Of course, thank you, Simon, to a very good question.
So basically, of course, when we speak about mobility data, probably it's not speaking to everyone. So the goal of the project is to have a basis at the beginning to count simple data as a pedestrian
by cars, trucks, speed, direction. So this is the basic information that we want to get. And of course, the long term goal is to add new categorization, for example,
steps, free parking spots, and the goal of adding new categorization is to be able to respond to the need of our customers. Because we know now there is many solutions on the market to come very, the very basic
in terms of, for example, the count could be done by, for example, telecom data, but they are not accurate enough or with physical devices and with those two possibilities are
Those two competition they we can only get basic basic information and our long-term goal of course is to provide new Object detection that know that that exists already on it we noticed from
from the customers that we already approached that for example there is a big need for cycling security like if people put helmets, if the bike lane are safe and all those data are not available because it's too much cost
and labor costs to get this information. So the goal we have to begin a simple data, the goal is to be accurate and competitive and the long-term vision is to get new object categorization with the need of our customers.
Thank you very much. That's good. One question about the data. Where are you storing the data? Are you storing it on chain? All of it or not?
And that's something that we don't know yet. We haven't really started the blockchain part, but we keep all the options open. So maybe we're going to every package will be on the chain or maybe only some aggregation.
Yeah, that's yet to be defined. Okay, because then what's interesting is what we're seeing in the blockchain industries, what we call the data markets and what's interesting is how you're going to store this data and analyze it
How are you going to see the ecosystem growing for data buyers and how are you going to monetize it in the end? Can you maybe elaborate a bit on that? Yes, of course. The goal here is to work a lot on
customer side first to be sure that in a long term we have attraction from people who are interested to buy the data. So this is our main focus that why maybe the architecture is not defined yet. The goal is of course
sell the data to customers for doing that. We have to be sure that there is a need and that's how we want to go to market or that's how we see long-term vision is to
be sure to have customers who are interested to the data and have a request for data. So the idea is to have a marketplace where they can submit a request. For example, yeah, we need data from
the city of Madrid they can post it and the goal is to incentivize our community to deploy into this location to be sure that there is data monetization behind and to make the project sustainable by having the demand size.
Very good, very good, thank you. The Knoxburg Mouda guy, sorry I forgot names. As regards the custodian, I mean we had many issues about, you know, self-custody versus the use of a custodian. Can you elaborate how you see that moving forward?
Alex. Yes. Yeah. So thank you. That's an important question. And this is something I get posed a lot as you can imagine given that we've been constructing this kind of centralized cost being infrastructure. The way I see this is one to explain the difference between kind of a natural person and a legal person. So you can think of a natural person
as somebody who is living their life in the world and an illegal person as, for example, a corporation and an institution, some other such entity. My basic new business is natural persons really should be self-餌 sitting to this day I still believe this and if you have told me ten years
years ago that I would be building central custody infrastructure. I would be a bit aghast, but I have come to appreciate that no actually there are entities that really cannot in any sense self custody. So imagine a corporation that wishes to take these assets on their balance sheet. It can't be the case that the CFO
sitting with a hardware wallet in their desk or something of a sort because it's not as if that person is the one who owns the assets. And so this is why we started building this kind of infrastructure to say, well, in the case that you are delegating key management because you are a legal person and not a natural person, what kind of safety can we afford such organizations?
And this ultimately comes back to which I'm sure we'll keep touching on you know to what extent can you get these their instruments in sure Maybe the other piece I'll say about this is you know natural persons to some degree Call it many of them do not wish to self-custom you so in most cases they can certainly use
But ultimately, I believe the path should be for them to do self-pustury in their own right. And they're certainly on the other side, legal persons should not attempt to custody within the organization. It's likely not their specialties. The last point I'll make maybe on that is
We like to look at this as a kind of spectrum of you're guarding across kind of three properties one is self-sauverty another security and another simplicity natural persons to my view really should care about self-sauverty almost above all else. Certainly they should try not to
lose their assets, but the self-sommarity is important in the space, whereas legal persons should really be thinking more about the security and simplicity of their setups and making sure that the assets that are ultimately owned by their shareholder are more of a standard.
I hope you have a good time.
Yeah, for sure. So I think I mean I explained it briefly earlier, but really it just comes down to take a step back or perhaps imagine yourself in the future and looking back at this time and think through what would seem a bit absurd.
One of the things that for us seems a bit absurd is that there is this one bear instrument that some people are saying, "I'm not going to buy insurance for it," or "I don't expect it to be insured because insurance just isn't there," whereas every other hard asset that has ever existed in the world.
that is being held on mass by corporations and institutions and legal persons is insured. So our focus on insurance really is just to try to hammer out this absurdity and especially because we came to realize that the reason
insurance is not being purchased is not that it's not desired. That's simply not there to the price level and the capacity that is required for people. So that's something that we're going to keep working on over the years. I hope to make some good progress.
Thank you very interesting. When seeing the events that happened these last few months, I think it's very wise to ensure an excellent Kevin from two blocks.
You mentioned GDPR and for the guys who are from Europe, especially from the EU, GDPR is general data protection regulation and it's a very, very strict regulation about how we handle data, especially if there are number plates, images
of people, etc. So you mentioned briefly on GDPR, maybe can you go a bit to give us more peace of mind, more in depth about how you're going to manage the data, the longevity of the data, the anonymization of the data, when you're selling data to who you're selling
of course. Kevin, you want to answer? No, you can go ahead. Thank you, Simon, for the question. Of course, really, really, really important and very strict law that we have to comply
and our potential customer are already making the points that we have to be bulletproof. The main reason, the main, like, what we have been done to be sure to respect the GDP
is that we process the images on the device directly. It means that we have an image recognition software on the device and the interpretation of the images are done directly and we get
from the software only alpha numerical information. In that case, we cannot access to images. We cannot store images. So the processing is done on the device locally. So what we are the data that we send on the
the blockchain is only alpha numerical, so count of motorbikes count of pedestrian. In that way, we cannot do some recognition of faces or privacy data. By doing that, we are called compliant by
design because the way that we process the images, the piece of the hardware, the processing and no human can access the data. That's why we are compliant.
And we already have some lawyer working on that to have a bulletproof document that we can provide to everyone needs. So the community member who will deploy a camera or a customer who will use the data to be sure that they are respecting the law.
Thank you. Another question, Alex, or Kevin. Obviously you want the community to buy and deploy the sensors in their own cities, streets, etc. What rewards are you looking at to provide to the community, to
to deploy this. So we imagine in our business model to have two kind of rewards. The first reward is based on a community. So it means if you buy a device,
you are a community member and you will have a token for that. But like I said earlier, the goal is to be a sustainable project. So if you are only a community member without data sales behind
you will have a smaller amount and then your ROI should or will be longer since you are not providing data that generate data cells. The second way is to be it's that
your device provide data cells, then you will of course get a share from the data cells and a small share from the community and then your AI will be of course higher. Speaking about reward I think also it's
important or maybe it's interesting to speak about tokenomics. So I cannot disclose the full tokenomics model now because we are planning to release it in March but what I can disclose that
We invented a hybrid model based on the best practice to avoid mistakes that have been made in the past from other projects. The very focus on that, how I explained before, is to be sustainable long-term and to a
avoid pump and dump code. We already have some good validation on this model by Zach from Borderless. And of course, maybe a question about the utility of the token.
So we are in discussion with some big player in the payment method industry to maybe use the token that you get for mobility services. For example, discount on bus ticket, train ticket, steps, bags, etc.
Very good, very interesting. Alex from NOX. Well, as you know, we all do insurance, but we do it not because we like, but because we have to. I'm talking about the traditional insurance. Now, in this new
insurance for Web 3. Can you explain a bit your economics and how the users can maybe benefit from these insurance? I mean not just by being insured but will you have a token where people who insure with you benefit from this token
or get special rates if they have the token or something like that? Yeah, so to me, CreatorDox is a kind of infrastructure company and certainly focused on insurance and then Noxpermita, you know, continuing that have been, you know, a local custodian in Bermuda. There are no plans to launch a token.
I will explain perhaps on this insurance or insurance broadly for things like this. Think about how insurance came to be in the world and how it grew over the centuries and really what insurance had been
fundamentals really is, and insurer needs to understand a set of events, the probability of the occurrence of those events, and the likelihood that those events correlate. The physical world affords insurers a wonderful property which is things that are physically separate are not likely to correlate.
So imagine you're ensuring natural catastrophes or ensuring, you know, against, you know, safe home losses due to natural catastrophes. The likelihood of there being a loss to a home because there is a hurricane in one part of the world does not correlate with the loss elsewhere.
And so a lot of the insurance products that have come to existence historically benefit, if you will, from an actual aerial stance in understanding the world in these kinds of three dimensions. Once you start moving into all the software around, you lose
this physical property. It's really makes out of things difficult in our new OLED software world to ensure because now the correlations are not based on physical three space but on many other factors that interrelated. And so that really makes ensuring
in the broadest sense software, very difficult. And that is, in the really grand scheme of things, something that NOS report fascinated about, which is, how can you get insurance policies applied to the software space broadly, and really be started with, hey, you know what, private key management and the theft and loss of
assets in that realm is a very interesting starting point in a very interesting way to change that broader world. So yeah, hopefully that explains a bit of the longer term that is where insurance is both important for us but also a very interesting problem which is how
you how do you ensure software and maybe I'll finish off on that point by saying the insurance companies who did grow up with standard insurance effectively insurance insurance in three space are having a really hard time with these new kinds of risk. One of the things that will
point to also is that you can expect in this century an absolute explosion in the number of distinct insurance lines that will appear in the world. And each of those lines may be very niche. If you think about the kind of insurance policies that exist, they call it in the 20th century, you could pull out a few sheets of paper and effectively
exhaustively right down almost every kind of line of insurance that exists. Proper insurance, life insurance, auto insurance, etc. etc. etc. And exhaustively list those. If you sat down in the year 2015 and tried to do that, you would never finish. There would be so many distinct lives of insurance, each of which are
very niche that you would just never be able to actually count them all. And for us that really means also that a very small number of people with a very specific understanding of some particular insurance line will need to be able to form the equivalent insurance company
to service not tens or dozens of insurance lines, but down to 100,000 and many more. And further to that, the space of time from when a new risk appears to when it wants to be insured and to when it actually grows into a relatively large insurance
line category is shrinking. So if you think about how long it took before people actually needed automotive insurance, the insurance industry had time to grapple with understanding the actual risk of being able to produce those insurance lines, we believe that in the future that time frame will come down from
you know, decades to years to perhaps months, you might go from a risk was not even known to the world to a risk wants to be insured in the space of maybe six months, maybe weeks. Very good, very interesting Alex, Alex on this type, let's
Well, a question obviously is, as you know there are many regulations being imposed by various jurisdictions on blockchain, on crypto, and it's still a bit not, obviously, finalized. The EU is still deciding on its final version.
American, is America, Middle East have come up with something, China is doing something, so that's one. And apart from that, as we all know, insurance per se is also heavily regulated. So how does all these affect your business model?
Yeah, I think first we'll start on the kind of a visualize a business side if you will. And this kind of answer is also why we're so interested to degree in Bermuda.
Many countries are grappling with how do you regulate the space? And you see different approaches in say Canada where the current company of NOx is had quartered in the United States in various countries in Western Europe and elsewhere. What Bermuda is doing is very interesting, which is trying to make it
very clear what you can and cannot do. Maybe I should point out something that I've had to know recently start saying because of everything that's happened in the past few months. Bermuda is an island in the Atlantic. It starts with a bee but it is very different from Bihar.
and other, etc. That's like every why. Bermuda has something called the Bermuda Monaturing Authority and abbreviated as the BMA and the BMA strives and has very successfully done so
over the decades to be an above board regulator that is not going to allow call it crazy shit to go down in the island. And so it is a very well constructed call it regulatory environment. And so I just wanted to put that out there.
This is not a place that people go to to just do crazy things that they can't do because they would be a legal elsewhere. It's a place that people go because the regulations are very clear and the BMA will make it very clear as to what you can and cannot do. And for us this is interesting because
because it means that, and we've seen this take place since 2018, when you set up a regulatory environment that is clear, people like clarity, they like regulatory clarity, and they will set up businesses in Bermuda precisely because they know whether they are or not offside. What is happening
in the United States is you're seeing regulation by blog posts. People are setting up businesses, we're doing some activity and it's an off-entire, an off-entire, a clear if at the moment of, you know, instantiation, that activity is legal and worse than that even if it is legal and they are not
being enforced against, it is not clear that an enforcement action might knock down the line. And so this is one of the reasons that we think Vermut is going to get ahead of a lot of these jurisdictions is by simply making it clear with regular clarity as to what is and it's not allowed to be conducted
Thank you very much, Alex. That was a great explanation. Fred, I'll leave the last couple of questions to you.
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directly the two blocks team or the nox green you the team just hit the mic request button right now to be a pleasure to bring you the speaker board to can ask them questions directly right but hey guys and starting with the two blocks team you know I got to ask the question that I know I'm most curious about is that what is the current
status of your tech development. You know how your smart contracts going? When do you plan to release your product on TestNet and then Maynet? You know that's what I'm very curious about and I guess I guess I have two questions then which are very much tied to each other. Is that not only what's the status of your current tech development but actually what are you going to be
using the over and block chain for like what is a regular transaction or you know mean to you in terms of like you know data being stored or chain or you know asset transfers or whatever so maybe we can start with two blocks team. Yes so we as we
before we are not on the blockchain yet and that's not the main priority for the moment. So we are first focusing on finding the customer that wants to pay for the data and then we'll start integration with the blockchain.
what we'll do with the blockchain, what assets are we going to create and what smart contracts is still to be defined on the progression of the project. So we have a device, we already have a software
that we can update from over the year. And we are focusing on the AI part. We are working on the model so that we can identify the different things. We already have a
version but we want to improve it and we want to be able to add some specific requests that we got from some clients. So for example the electric scooters. Did I answer all your questions?
Yeah, absolutely. Thank you. Before I pass this question to Alex from Knox, actually maybe just following up a little bit on this for you, Kevin or Alexander, is that maybe touching your business model a little bit. I guess you're very much tied then to the paying customer to be
to actually do the advertising for the B2C part, correct? For example, if you're closing, let's say, a contract with a municipality government or as I said, an electric by manufacturer, whatever. So your business model is very much dependent on you securing those contracts to then rolling out the product in specific regions. Is that correct?
Why we are doing that way because we noticed that there is some project who already built the community, deployed the infrastructure, and then have some
a struggle to have to to to to the demand side. So that's why we are taking the problem in the opposite way. We prefer to get the customer and when we are sure to get the customer and to secure interest and
demand on the token side, we will grow the community. And we think that what we have been noticing, because Remy and I, I said earlier in the conversation, we invested in
and watch, but we also invested in helium. Based on that experience, we are very strong belief that we have to seek
and then the community will come because the business model already exists, deploying decentralized infrastructure already exists. And so we know that we can succeed on this part. That's why we are very focusing on the data sites.
Fantastic. Very much for that. I appreciate it. Well, Alex, the same question goes to you, Knox, Revuda. They status of your technology with the development and also what's the expected blockchain usage? What does a transactional chain mean to you in terms of data? Yeah, sure. So I mean, in terms of technology, so we
started developing this kind of distributed private key management system as early as early 2018. It was live operational so the first time an handle large sums called millions of dollars worth of assets was in the summer of 2018 and by you know summer
2019 it was beginning to be fully operational with insurance so the first insurance policy for the first administration of Knox Infrastructure was found on June of 2019 and formally launched to come the fall of 2019 it has been coming along every
In terms of the bromide and deployment, NOSpermido will be fundraising through March April in order to do a full deployment of the infrastructure stack in Bermuda so that all P's use presiding can actually be properly
We won't get too much into the tech. You know, you can imagine of course, per meters and island. There are many other locations around the world that are underpinning that system. But that is called the state of one on the software hardware, and a process site, basically all complete and only in
structure, physical deployment side, yet to be deployed and will be deployed in Bermuda. The plan is for it to be deployed this year. In terms of kind of on-chain pieces, one thing I did not mention and perhaps with noting is that Bermuda, besides wanting to, well, besides successfully
the hub of the global stablecoin market where it is issued under regulated environment so investors and citizens can have confidence. And that's something that we believe is going to take root in Bermuda. So one of the interests is really doing, you know, enabling support on the North Bermuda side for stablecoins across various
change and actually as they see in a circulating on OutGrad will be one example of such use. Beyond that I would say we really think it in terms of private team management, extremely secure and insured against all of the events that could potentially transpire to
calls it loss. Privacy management and what people do with those private keys for corporations, what legal persons do with those private keys is yet to be seen. So, you know, those private keys might underpin asset holdings. They might underpin something like a stable coin transaction movement
They might underpin calls to other systems, but we really think of it in terms of take care of the private key management appropriately. Be flexible enough to allow people to use those keys to do what is useful to them, and then move on that way.
Staying that sec, truly appreciate all that info. And well, just another friendly reminder for the algorithm that's listening to us live right now. If you have any questions, just hit the mic request button to come to the speaker board and ask the teams to write your questions. But let me switch gears a little bit, even that you know where
nearing the end of our tour dispaces today. But I'm curious to hear from both teams starting with two blocks. How has your experience been building on Algorand and also being on the Algorand Accelerator? So two blocks?
So how Kevin previously said we didn't begin to build but I can give you a very meaningful insight about the into the accelerator program.
very happy because it pushed ourself to deliver and to have some deadlines to deliver and to make some progress. Also what we really loved to be on the accelerator program
access to really interesting people with expertise background with already existing project. So this is a very big help to be a part of the accelerator for the network, for the expertise
And also for having to be pushed on several topics and directions. So very glad that we get selected among all the dissubmissions.
That is amazing to hear. Thanks very much for sharing that. I appreciate it. I had Alex, same question goes to you. First of all, how has your experience being built in an algorithm or at least understanding infrastructure to guide your technology, technological development and also your experience at the hour in Europe, accelerator?
Yeah, great question. I would say just in terms of because the loss per meter is a joint venture between the loss and the local per meter and firm per meter. Most of the interaction with the accelerator has been handled by the PNRS per meter sub.
So far as I can tell it has been delightful. I can't present a comment too much on it, rather than the interaction that I've had has also been positive. And I think the previous day I mentioned, so Knox-Bermuda will be deploying the physical infrastructure in Bermuda.
And further also helping develop the software to enable support for, in this case, Algo, likely USDC moving Algo in other use cases thereafter, and that will be taking place
also through 2022. Fantastic, Alex, I appreciate it. And then maybe I follow up to you and then I'll pass along to two blocks later, is that what's the current status of the team? How big is your team and also if you guys are hard at the moment?
And that looks maybe to come again.
Sorry, is that from me or other? Yeah, for you and then for you first.
Yeah, sure. So speaking on the on the Noxpermeter side, I mentioned that you know is a joint venture between Noxpermeter and called Noxpermeter. Nox, the parent company granted this Noxpermeter.
is seven strong, mostly technical people. And then the penro side, I think, you know, many partners and you can check it out on the website, involved in that organization. Noxpermuted itself,
You know, today, in a sense does not have any employees. As it begins fundraising, as we begin fundraising, we'll be looking at key employees to hire to keep up with the local pace. And that is to be determined, calling them in the coming months.
Got it, thanks for the info. Two blocks, same question to you guys, and overguiding the team's structure and if you're hurry.
Yes, of course, we are 16 members. So the pleasure of Kevin having a bit there as a software engineer. We have two more software engineers in the team. They are full stack
developer with some of them more front-end, more backend. We have one marketing and communication manager. We have Amy, the other co-founder of the company who are focusing on R&D project management.
and the sales side and myself on more operation and business development. Regarding the, so we are six, for the moment we have
have only two full-time into the project. The other co-founder are more one day into the project and since when we will have some fundraising, of course we will be full-time on the project.
got it. Thank you very much. And I mean, unfortunately we're already nearing the very end of our Twitter spaces and I think Simon and I have a lot today, which I'm truly excited about because I was really curious about a lot of the things that you guys are proposing to build on both companies. But is there anything that Simon and I didn't ask you guys that you want to share with the dog around community?
starting with the two blocks team, anything else that you want to share and also call to action for them to follow you or whatever you want them to do. Yes, thank you for asking. I just wanted to add some information on the data buyers. So since you probably understood we are focusing for the moment for mobility
data, it means that we are aiming cities. The goal of course is the most easy vertical to begin with because there is the more interest with. But I wanted to add that there are other verticals that we can also
So, for example, if Starbucks wants to monitor the traffic in front of their shops, also we can target real estate. So, for example, for a tenant to know real estate for retailer, of course.
to know the traffic passing by and also the outdoor advertising industry because it is a very big market and today is only telecode data, it's not that much accurate. So that's all the verticals that we can imagine in the future.
And also what we can imagine for our long-term vision, for the moment we are focusing on providing raw data. So we don't put insight on the data. And of course, when the project will grow, since we will provide data, we can of course provide in
insight on it. So that's the part that I wanted to share about the project. Regarding, of course, the next step, I invite you to follow us on Twitter to join our Discord where Danny, our community,
marketing and communication manager are very active. We post very regularly and we will soon release our economics like I said and of course we put some contests to you to participate and to be a community member.
Fantastic, so what are the handles of your Twitter profile so the algorithm can follow you?
>> Alexander, I don't know if you still hear me, but if you have that information handy, just what is the username of your Twitter profiles on the algorithm can follow you? >> Sorry, sorry, sorry. Of course, you can follow me on two blocks away on Twitter.
You got it. Thank you very much. All right, Alex, same question to you for the Knox Bermuda team. Is there anything that you want to share with the Auburn community that we didn't get a chance to ask you today? And also any final parting words for the fam?
It's been great to speak and I suppose yeah, show all the importance of insurance in the space and yeah, certainly you know us and I kind of was excited to push this project and get the same moving over 2023
fantastic and you guys already have like a Twitter profile or something that the algorithm community can follow you to stay in the loop. Yeah, so you can see it here that handle is not permitted and that will be the main for the handle for call it not for medical and for God if fantastic for much well you know fortunately we're
pretty much at the top of the hour. So I want to truly thank everybody here in the speaker bar today for joining. I love this conversation and love that I got to learn a lot about everything that you guys are building over to blocks and noxpermute as well. Super thrill. So I want to start by thanking you know first of course all the entire algorithm
Accelerate team for basically making the magic happen in accelerating all these amazing startups and building on Algrin. And of course, I want to thank Mr. Simon for my fellow colleague here at Dogren Foundation and friend, our head of the eye for joining this conversation today.
And also, of course, thanking the entire team from the two blogs and Oxford Mutor that helped those organize and make this Twitter space income to fruition. And of course, Alexander, Kevin and Alex for joining today, clearing all those questions that Simon and myself had. So thank you very much. I truly appreciate all of your time.
I'll go fam as always I super appreciate everybody that came to the tourist spaces and enjoying this life and of course everybody know all the hundreds and thousands of you that catch this recording over the next few days and weeks. I hope everybody has an amazing morning afternoon evening wherever you are and I'll see you soon. Cheers!
Thank you. Bye. Thank you. Bye. Bye everyone.