Exploring the Future: Enterprise Adoption, Calimero & BOS on NEAR!

Recorded: May 17, 2023 Duration: 0:50:48

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Hello, hello everyone. Thank you all for being here. We should have a pretty exciting, exciting space is today. We have some amazing guests. People are pooling in, so I appreciate you all for being here. So today we have a very captivating
space is which features Sandy, co-founder of Calamero and we have Ilya who is the co-founder of near protocol. So really appreciate you both taking the time to be here today. I am Marcus. I had ecosystem relations at near foundation and I would love to kick things off while people are
in with both hosts introducing themselves. Ilya, you all are probably familiar with, but it would be really great to get an introduction, maybe a little bit about your background and a brief overview in case anybody missed it of blockchain operating system, which Ilya went over at the town hall just recently. It would be really good
to get some sort of kind of overview in a way that people can digest, you know, what problems it solves. And then same for Sandy, be great to get an introduction from you, as well as what Calamero is, and you know, kind of a breakdown in a way that's easy to digest, and then the problems that Calamero is solving as well to kick things off.
Yeah, for sure. Thanks, Marcus, for the introduction. Hey, everyone. I'm Ilya, co-founder of Nier.
In the sense of background, being in machine learning space for about 10 years, did a bunch of deep learning, focusing on natural language understanding, question answering, really kind of contributed to open source across the board.
but importantly the TensorFlow which is a machine learning framework by Google that was kind of powered a lot of the deep learning innovation and also was a co-author on the transformer paper which is kind of is a base work for a lot of the
recent innovations in kind of chat GPT mid-journey etc. And then since then kind of through and I started we started this journey on the blockchain side we started near it was really focusing on how do we bring kind of
scalability and simplicity to the blockchain space to web through space. How do we enable people like us who wanted to use this web 3 blockchain space to build our own applications? How do we enable this? How do we make it easy to do? The first step was building a blockchain.
And so kind of near protocol started. And then as that kind of matured, although there's still a lot of work there, the kind of next steps of like tooling and platform have been evolving. And so Cindy can fill in on that. And the recent kind of puzzle.
positioning and really bringing the original vision of OpenWeb with blockchain operating system is really inspired still by the same motivation. How do we enable anybody to really easily build in that three, not focusing on the details on kind of...
limiting yourself to specific blockchain users and at the same time kind of solving hard problems of distribution discovery, notifications, etc. Reengagement for the developers. And so all of this has been coming together in this
blockchain operating system platform that we've been releasing, introduced at this Denver and launched the first version at consensus a couple of weeks ago. And really now, it's all about the journey of building this out and onboarding developers to
kind of create this interesting applications now that a lot of the kind of grand you work is done and you can build decentralized applications extremely simply and at the same time kind of work across any of the blockchains and any of the data stack under the hood.
sounds good. So just to introduce myself. So I previously worked at Google, I worked at Facebook, I worked at near protocol, mostly have an infrastructure background. So worked at Facebook release process for the web and worked on near infrastructure for two years. And Kalimero started as a
20% project in near, which we did, we support later on became separate company, which got investment from like, top investors in the industry, Web2 and the near foundation as well. And like the main goal of Cali Meroi is to build, like we call it private charts,
So like privacy enabling solutions for enterprises and dolls and communities in the ecosystem who need privacy, you know, privacy features essentially. Like short overview, we can do diving into
of course. Thank you very much both of you for providing that overview. So really in this space is we're going to really dive into enterprise adoption, Calamero and boss on near. So Sandy, what inspired the idea for Calamero and what
What are some of the great awesome innovative elements and features of Calamero that you're most excited about? How Calamero started essentially? I would every few months pitch an idea and one and a half years ago I tried to pitch a very similar project.
federated systems essentially for gaming. And Ilya had ideas about private charts. So me and him started talking and he said, "Sandy, this federated stuff you're thinking about, you can just build with maybe a different approach." And like, take who we started talking about his idea about private charts.
and I essentially started working on that and then I mean like it was kind of maybe Ilya's idea with like my my spin on top of it but the idea was I mean the game in general goal was like not everything will live on the public blockchain the problem is that you know
So privacy is a bit concerned for regulated entities, for enterprises, for companies. And also for now in the boss, we can see it becomes a social network. Not everybody wants to put private messages on chain, private groups, those want to have privacy features like voting, treasury management,
these kind of things and then in gaming also maybe you don't want to pay gas fees for like high high you know throughput things. So like this is what we were trying to enable. And also on top of that like I mean just the private chart itself you know is great but what we have seen in the past you know two years developers
and companies, they don't want to manage infrastructure and that's one of the biggest problem and they don't want to invest a time in development. So what we build is a console on top of the private chart, like we call it AWS for the private chart, which enables companies easily to just integrate their cloud solution, spin up the validators,
We see all the infrastructure that we need. They can manage it through the console and then on top of that they have all the developer tools to easily spin up the project and focus really on the core business instead of managing and maintaining infrastructure. And now we are working on launching some other projects for specific
on top of the console itself. Awesome. Really appreciate that overview. It's definitely pretty important to kind of facilitate the ease of integrating onto Web 3 for enterprises and businesses. In Kalamero, it's a really unique platform in the Web 3 space and
general. There aren't really any other platforms out there, or not many at all, that are building out private, sharding infrastructure. So it would kind of be interesting to dive into how like Boss complements Calamero and how Calamero can integrate Boss, what that would look like to again facilitate enterprise adoption.
but kind of prior to that, I know you went into it a little bit, but it would be awesome to learn more about some of the unique selling points around Calamero. So when you're kind of approaching enterprises or pitching Calamero, what are some of these like real world kind of issues that you're diving into that you're selling Calamero on for people to kind of get a good understanding around it?
So essentially we had, we call it, we call Calimero the next gen enterprise blockchain, so like generation two, we had HyperLager, we had Corda, we had some other companies in the space, and there's several problems we identified.
of them was scalability. If you have these enterprise networks, they usually don't scale. They provide you like 5 to 8000 transactions. We are based on near, which provides like significantly more transactions. On top of that, interoperability was a big problem in general. Like if you use hyperledger, you start with hyperledger technology, you have to use
use proprietary stuff with near and on top we have solidarity support, awesome support, all the stuff which developers actually want to use. And then also what problem we identify is usually high bootstrapping cost of these networks and high maintenance cost of
them because if you want to deploy a hyperlager network it costs you know half a million dollars just to start with Calimero you can start for like essentially free get a free trial start building immediately without you know any blockchain expertise and like this usually leads
in enterprises to very long development cycles. It also leads to a lot of failed projects. And that's why I think enterprises had this bad feeling in their mouth using these products because nothing happened. And we kind of want to change this.
That's based on the question, hopefully. Yeah, 100%. It's really important to kind of, you know, make sure that you're tackling real world issues and it sounds like Calamero is solving some really, really large scale problems that these kind of enterprises are facing, especially in the cost area. So I really want to dive into again, boss is big thing right now in your position up as well.
boss and bosses are tackling a lot of issues in the web three space. So I'd love to learn from you both and then kind of get some insight for the audience around how, you know, what kind of real world issues or what kind of problems that blockchain operating system is working to address from Ilya and then from there we can maybe get into how, you know,
blockchain operating system and calmero complement each other and what that integration will look like moving forward. Yeah, I think the important part to start is what blockchain operating system is really addressing for honestly any company right including startups and the core
Or the core benefit why we focusing on using Web3 is really a number of benefits that we aim for. The first benefit is really about lowering operational costs.
that this financial infrastructure, this operational infrastructure that allows the program logic as code is more effective as a way to do business than traditional linking together CRMs and CMS and all of the
the ERP systems with some tangling business processes and then voicing people and then receiving money in the bank and then trying to process that and then having accountants on top of it and then kind of having all of this levels of complexity that like any business as it scales ends up doing.
Usually the overhead of all that is like can be easily 20% if not more of the kind of bottom line of any business. And that's kind of that's the core promise of the blockchain right as you can start, you know, using it across, you know, new startups that are
available as well as enterprises which are really trying to innovate and do a digital transformation internally. The other big part is commonly used is accessing new markets, because it's not limited by a specific tool
that, right? And like you're not processing voices with regular US banks, you can't have market anywhere and you can have people kind of accessing it anywhere at any time. And with that, like if you have lower cost of operations, you can actually also service and access to like broader customer base, potentially with lower kind of
a segment of customer base that has lower average dollar per user but then really engaging them in new experiences and new value that they didn't have before. So that's like a three to three talk about business versus technology. That's kind of the core things that business is looking for are really
What's the cost of operations, what's our addressable market, how do we really scale our business, increase average value per user, resell existing users, upsell existing users, etc. At the same time, they want lower developer costs, they want to make sure that they can lower
and keep users engaged. And importantly, they want to make sure they are a future proof, right? There's no single party that can just turn their business off. And so all of this is conceptually what blockchain operating system is delivering on by providing a whole host of tools
and systems and services to really power this. The reusable components, the middleware that abstracts blockchains, existing set of smart contracts that power a lot of existing use cases, all of that really lowers developer cost and also
of transitions, the development, the way from figuring out the details of Web3, like if you look at any Web3 startup, there's a whole team just trying to figure out how to maintain that three part of the startup. And really going to get people to focus on their use case and their business. And so this is
Similar what happened with startups and cloud came in and a lot of tech startups went away from running their own clouds and needed to have a big team to support that to really focusing on their own product and shipping it quickly. That's what we aiming for here. On the enterprise side, it's very similar.
are in spirit that they don't have, because of the perceived risks of implementing Web3 stuff, they don't have big teams to really manage and implement. They don't have time to experiment with this, and so they really want a pre-packaged solution that they
can implement and start using and declare a win. And so reducing the developer cost while delivering them on overall operational cost reduction is what's really interesting for all of them. So that's how bosses really
And so, again, frames in this more enterprise business side of things. There's a lot of benefits it brings on user side, on the individual developer side of startups and Web3, but this is kind of enterprise and business side of things. And so, within that,
like as enterprise coming in, being able to compartmentalize set of applications for the company itself while potentially communicating and interchanging information with other companies is extremely important. Not everything, as Sandy said,
and should be on the public blockchain, but public blockchain allows to have this very effective way of creating and connecting businesses. And so I'll let's end it, kind of expand on that, how that allows and
integrated. Yeah, so I mean like you said a good, really good point when we compare like blockchain or like private permission blockchains we compare usually we compare them you know to cloud. Like 10 years ago nobody wanted to use cloud. Now everybody uses to cloud software as a service.
As I said, enabled people to with low barrier to integrate email, try all of these solutions and made their development cycles easier. That's one of the things. We call Kalimero blockchain operating system for enterprises because what boss is trying to build for developers in the public.
sector we want to do that for the enterprises. So like essentially build a console, build a technology of the private chart and then build a middleware for different use cases across the industry. So like if you want to have a tokenization platform as like you know us like us at organization platform, you don't probably want to think about like all the blockchain stuff you have to do. You just want to plug it in into
your enterprise or if you have a telecom for roaming charges, settlement, which we should provide you all the middleware for doing so and you just plug it in. So this is how I see it from the enterprise perspective. But Calimero is purely not purely only an enterprise solution. It can be also used in use cases like
social groups, you want to have federated systems, you want to have gaming communities, all of these things where you kind of want to have maybe some privacy or you want to have, we call it like proof of community networks around the boss. So, you know, I can have a group with 10 of my friends, we can exchange NFTs between
We can trust each other in that regard. Or you can have different proof of community dynamics for DAO's. They can have private voting, treasury management options. It kind of provides you the middleware for easily building smaller networks around near.
So that's really powerful stuff and actually my next question was actually kind of getting into the meat potatoes is how Calamero is leveraging years tech more specifically blockchain operating system and then learning more from you both about what benefits blockchain operating system provides to a project like Calamero, how Calamero can take advantage of blockchain
operating system and then how they can both work hand in hand. Would you kind of touch up on, but Ilya Sandi, I'm not sure if there's anything else that you want to kind of get into on that topic. I mean, there's like the gateway stuff, like I have to mention, like, you know, the near gateway. I'm very excited to see how, you know,
the near boss gateways will be the new way to discover applications inside the boss operating system. For example, we have your Facebook, you get banned, you get locked, there's nothing you can do about it. But with boss, even if near social has some censorship because of some regulatory reasons, anybody can spend
their own gateways, creators can spin up their gateways and this kind of builds this creator economy in another way. And then like what you can do, once you have this community, you can give them some ability to run a federated network where they can trade some tickets between the sales, they can have royalty programs inside the creator networks and like you can
you know, take it to the next level by, you know, having community-owned, um, creator ecosystems or, you know, like Uber, let's say Uber, gateway for like driver rights or like, you know, data learning, uh, all of these things, um, can be, you know, federated as well. You can have a machine learning consortium, you know, developer
the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of the core of#
building private chats, private groups, for a very low cost, you can spin up a mini network of yourself. I would add also private apps and front-ends as well. Right now all the components are public, which is very beneficial to those people
to quickly build things, but as we obviously growing this, there will be need in private components, either for specific companies or some of the use cases where maybe your NFT-gated access or something. And so that's as well where Kalimera came in providing
platforms for that. So I would say like, yeah, go ahead. I mean, like, as you said, like all the stuff on near public chain works on the near pro calimiro private chart, which means that you can use all the components, which are public and just fork them and use them inside.
as well, which is in my opinion pretty great. So you can have private gateways, private components, all of this stuff. Yeah, and I think kind of the other side is really like as you know, some of the enterprises and companies implementing like for them kind of the goal is always like how do we reduce
to cycle to your CET implementation, such that they are able to quickly up and running. And so the unique value here is indeed, you can run a lot of the existing carrot bread. Not everyone writes in rust, but you can actually run C++ on WebAssembly. There is JavaScript as
well and so that's extremely powerful and like Dan's training this all together with you know you have a JavaScript front-end, JavaScript back-end, all of it is kind of compromised allows them other teams in that company can continue expanding and building on top and that is something that's like
One of the benefits, for example, of Slack and wide-gruished so quickly was this idea that it was really easy inside organization to actually onboard more people. I think that's where Boss is kind of, will be a powerful tool in conjunction with Kalimera to kind of expand within organization's use cases.
And one thing which I forgot to mention, I think the Gen1 enterprise blockchains failed on you deploy a permission blockchain, and it will live in your data center. It will never have the ability to interact with others.
And Kalimero is building the way that it's composable with the near public network. So you can interact with from the private chart with other private charts. You can interact from the public network with the private smart contracts and the other way around. You can bridge
FT is a fungible token, execute cross-shared contract calls. So this gives you another way layer of pointer probability between these networks. So I think that's also an important thing to mention.
Awesome. That is some really powerful stuff. You are covering the questions that I have here. I want to try to make some time for open AMA and discussion at the end for anybody in the audience that has any questions or any discussion topics they'd like to bring up. You mentioned some of the components that you're
working with Bogota on building. I know you have the Calamero console as well, which makes deploying, monitoring, and maintaining private shards like pretty streamlined. Just kind of curious, like other than Calamero console right now, what are some other tools available for enterprises and businesses looking to leverage Calamero, like right now that are available?
I mean, so first of all, like we have the console, so like any developer who has either an enterprise oriented business can just start the console, start using it or enterprises can build their own solutions. But inside Calimera, we have several startups building on top of us in different industries. So we have a tail, which are building us
cargo shipment, like digitalization platform, so like we sell them as part of the offerings. Like if you have a cargo ship and company, which is willing to use blockchain, we provide them as like one of the partners. Then we have the Kuno, which we partner with, which does like royalties, NFTs, proof of post.
on the public networks, but they also have enterprise customers like MasterCard, which are exploring maybe building consortium networks with other partners for this kind of thing. So we kind of try to every single project which comes to Kalimero to build a use case study together, which we can then present to enterprise customers like this includes
Applied chain tracking, parcel deliveries, royalty programs. We are working with Spin for Order Book, private consortium, networks where you can either trade carbon credits, trade tokenized real estate, and we are really working with the public near community.
To also figure out, you know, if there are customers who really need a solution like theirs, but in a private setting, how do we integrate them into our marketplace? And the Kalimero marketplace is essentially like, you know, marketplace of applications where we want clicking style, you can want to install them.
and just run them on the private network. In the future, I hope we get more and more of these as time goes. Are there any, just while we're on the topic, are there any notable partnerships or businesses that Kalamero either
is currently working with or that is in the pipeline? I mean we have like pretty big pipeline so we are talking to you know majority of the big consulting companies. We have like several banks which we have in talks. I kind of like disclose at the moment because it's yeah I mean enterprise
is a bit tricky. So we have an under-india and we are talking to telecoms. Telecom and financial institutions are kind of the biggest target groups we are talking to right now at the moment. So tokenization of assets and roaming charge trade settlements.
Cool. And just like another question as well, like we have an audience here and I want to make sure that we kind of cover all aspects. So in regards to governance and community involvement, I mean, obviously, the blockchain operating system itself is open for anybody to come on.
build components, build widgets, fork, and get involved. In regards to Calamero, I'm just curious, how does Calamero plan to involve the community and decision-making processes? Are there any governance mechanisms in place or any plans around it?
I mean Kalmer doesn't have a token we are kind of a standard web to point five company. So if we are a software service company or like infrastructure as a service company at the moment like you know we don't have plans to involve like you know external governments governance at this point in time
But like we open source, you know, a lot of things to the communities are like our light clienty contract in Rust is open source. We shared it with, you know, the community some people are using this contract. Most of the RSDKs are open source as well. And like we tend to open source as much as we can.
But I know a lot of the stuff is a private IP and we want to keep it that way at the moment, which maybe changes in the future. All right, awesome. And just a couple more questions before I open things up. I just love to give people insight and ensure that people are completely aware of how they can get involved and what this
means to them, especially people in the ecosystem. So let's say I am a founder or a developer and I'm building out a business that I'm passionate about and I'm really interested in leveraging Calamero trying it out. What do I do right now? What would advice would you give somebody that's looking to try Calamero and how can they get involved?
I mean, it's very simple. You go to our website. There's a sign up form and you can start using it right now. It takes maybe a minute or two to set up. You create an account and you're ready. But also, I mean, all to all the companies we internally have kind of a mini-developed
the devrel team and we work with the companies closely. We created our Telegram group and a Slack channel which we provide them support with any questions they need. Also we have an internal feature request board where anybody from the community can ask for a certain feature or like an integration they need.
For example, today we worked with the Meteor wallet and the Mineir wallet team to launch, you know, the Tesla 10-minute support like that's live. We are working with some other wallet teams in the ecosystem and like other ecosystem projects as well. So like, I mean, you can reach out either through like the landing page contact form or you can like find me on telegram.
and just send me a message. - Awesome, sounds good. Just around scalability and security, I mean, we didn't really dive too, too much into that, so just curious about, from both your angles, I mean, in regards to boss and regards to Kalamero, how are you addressing scalability and security concerns?
I mean, probably he has better to answer because we kind of piggyback on top of near. So yeah, for sure. I mean, so the core of scalability right for near has always been the idea of sharding and kind of the idea that really you cannot run kind of a singular
monolithic blockchain and expect that it will scale, right? Because it's limited by a single machine and it's synchronicity. And so you do need to run things in parallel. And if you do run things in parallel, you want to as little kind of interruptions to develop a
and users as possible. You don't want them to break their head between which of the parallel environments they should be using, like should they bridge things between them, etc. And so that's why, near always being focused on how to create a single namespace, an easy way to have
communication between shards and in a way on near every account is actually a separate quote unquote virtual shards and then they bashed into physical shards. And so like that allows to actually continue scaling, you can have any single application can take up to a single
computer of capacity, which is kind of physical limit. And then at the same time, you can have applications that are sharded themselves and kind of are, are kin scale with, you know, number of users or assets that they store.
So what Kalimera is leveraging is pretty much the same stack, right? Even for a single enterprise or a company, they can actually run a charted pretty much set of charts and continue growing that number of charts as well over time as more demand is needed. And at the same time,
The benefit of having a singular namespace also means that you can kind of send assets between public private or private to private shards as Sandy mentioned which is extremely powerful tool if you think of it because it allows you to start building the applications that kind of live in this federated way.
So kind of back to the 70s original idea is how do we you know, let's say we have Multiple insurance companies and they want to like exchange claims without revealing their full database. They don't want to be in the same consortium. They want
want to exchange claims at the time when things are happening and things need to settle. This kind of scheme allows to have pretty much application running on the independent private chart of each company and then
This applications can communicate with each other through cross contract calls. And so all that is pretty much allowing to have this kind of, on one side, uniform environment on the other side really kind of allow to scale as more demand is needed by increasing number of shards.
And then like to touch on security and privacy. So like we took the near initial ideas, the near initial protocol and then we built like layers of privacy on top of it. So like the first layer of privacy is essentially having the permission network itself. So like at every point,
inside the infrastructure you have permissions. So let's be on RPC, you can see and how can they see the data. Can this in a transaction, can they just specifically talk to a certain contract or cause a certain method. Then you have permissions on the bridge level.
can say these contracts can you know see this specific data from the public or another private chart can see this specific data from another chart. And then inside Calimero like only the owners of the network can see it. But what we are doing right now is also building zero knowledge primitives on top to enhance this privacy even more.
So for example, current bridge implementation, if you bridge a tangible token to the private chart, everybody will see what was the asset transferred and from who to where. Once it's transferred, the transactions inside the chart are not visible to the public, but you still leak some information. So what we are presenting now in two weeks is like our new
project which we launched, we call Uragano, it's a spin on another cash, so we want to provide private transactions from the public network to the private and the other way around. To which start somebody sending the money or if somebody sends the money from the
to who the money is going. So I think implementing these kind of features on top with zero knowledge can enhance the privacy even more. And we don't need to rebuild a whole new privacy network. I think that's bizarre. We kind of took the Aurora approach. Why would you build
many separate networks for every single thing, forks or forks, it's bizarre. You can just deploy smart contracts on top of an efficient chart network like Aurora did for EVM, and that's what we're doing for zero knowledge. Nearest scalable, nearest fast, and provides you enough feature sets for developers to build.
build with Vazam and build contracts on top. You get consensus from near for free. That's the approach we are taking. In my opinion, elegant should always be the way to go.
big infrastructure systems if they're not elegant usually they will not scale and they will not work and you know I believe that that's the way to go. So this you know this is like a really rapidly changing environment
I want to give people a chance to come up and speak. So the last question I'll get into here is the the Web 3 space has changed rapidly over the past cycles every cycle. There's new, you know, there are new kind of trends. And we're seeing the Web 3 space shift to a more kind of real
world, like tackling real world issues, building real world use cases. So I'd love to get insights from both of you on where do you see the Web 3 and crypto industry heading in the next three to five years? And also, how do you plan to adapt and evolve to stay relevant in this rapid and changing landscape that we're in?
Sorry, yeah, so I mean definitely things are evolving really quickly and so I Think the the few things that we should be thinking about One is like one one thing that I think a lot about is I call
So what is the future of work of organizations looks like as we are evolving? We've got to be with AI now as well. And I think there's a lot of interesting things happening between kind of if you were a downhole you were so
So, near tasks creating like an effective marketplace of work. And then the same time you can have, you know, what Dev Hub is doing around gigs and kind of RFPs and finding processes and work groups. And so, I think there's a lot of
interesting things happening kind of beyond just pure DAO structure where you know DAO is a good for governance but it wasn't really good for doing work. I think like so now we have pieces of things that are actually good for doing work that you know a governance of DAO can just load on like a locating budget.
then things get organized in a new more effective ways in that. And then AI potentially coming in and doing sounds of tasks on these platforms pretty much, you can think of AI agents running on chain in some shape before
or not particularly the models have needs to run a chain, but they are having an account that they can participate in the economy. And so all of this pieces I think will be coming together in interesting ways in the future. And at the same time, we see the technology evolving around the kids.
around accounts and so I think the innovation in Neary Custom as well as the Web3 is really interesting and again DevHub has been a big kind of like big place to facilitate that in Neary Custom
to really coordinate that work. And so that's why I'm excited about future work also because we see already some of this coordination of the ecosystem happening that doesn't really require as like company structure as originally you usually have for like a researcher organizations.
I agree with really a lot of stuff. I think there's like one. Can you hear me? I see that like your technology wise, I think we are kind of very there and like you know near scalable
And there's a lot of tech build around it. And we can build really use cases very easily. And building a social network which works pretty much instantly is a good example of demonstration of technology. But I think the thing where we need to innovate right now is how
do we innovate on the business side? So like what are the new business models which were not possible before with standard web2 approach, which we can do now with Web3. And one good example is monopolis, Uber,
It was very good for the riders in the beginning, but with time it goes, it's really bad for the riders right now. And I think there's going to be some new challenging ideas on the business side with new business models to improve
these economies. And the question is, you know, how do we figure this out? How, you know, what are the new innovations? You know, one innovation was, you know, cloud software as a service, you know, subscription. But I think with blockchain, the interoperability of, you know, chains allows us
to do even more, like even crazier business model, even better business models. And that's something what we are trying to do in the enterprise sector. And I have to say it's hard. But the one who figures that out in the next two years, three years will be the winner in my opinion.
Awesome. And on that topic, I know our approach of time. I really want to give people the floor, but I want to also inspire the audience here as well. We have some, you know, we probably have some really great builders here, some really great founders. So to touch on your last point, Sandy, and even Ilya feel free to chime in. But what are some
really cool use cases like what are you envision being built on boss if we haven't seen the ubers and the facebooks of web 3 yet these are yet to emerge and be built so on calmero on boss like what would you love to see what are some things that you wish that people would build like today um that would really kind of shape the the web 3 landscape
We can start. I think there is an interesting kind of the theme is yeah like business and commerce right that's really the like we have a lot of financial tooling we have a lot of digital art but we don't have kind of a more kind of business
focused things. The easiest idea and obviously implementation is hard is, for example, a physical goods marketplace. How do you go from not just
trading digital items but actually starting to do physical items, interacting with physical world, but still allowing to have crypto payments have way more effective accounting system, way of more effective way of reputation, et cetera, using blockchain.
I think Boss is actually uniquely positioned to power that and I think we will see some of the interesting evolution there. But kind of generally speaking, where's the in-commerce world? There's right now a lot of networks that are highly inefficient, things from track drivers,
who are right now organized in very small groups and companies, which are individually trying to drive around. They have highly ineffective way of picking up orders and being navigated, like they're waiting for a ton of time because of
like mis scheduling and everything. That's a clear, for example, use case where this can be used, it can be an effective marketplace build, which is both improves truck drivers life as well as makes things go faster overall in economy. So I think on the higher
the idea is finding true business problems and then really looking at using blockchain, blockchain operating system, Kalimera as a tool to solve this and make the business more effective. Get a bring into market faster, open it up to not just use
local market. Let's say you build a track driver software. If it's a Web2 software, you'll only be able to do it in a very specific market first versus you can actually launch it globally right away, have payment systems available globally because you don't need to deal with the last mile etc. There's exchanges for that.
that, etc. You can launch all of that really quickly and start getting first customers and first users from that. You can use talking economics and innovation on that to really bootstrap the network and create initial demand and supply
in this marketplace. So I think just generally like wherever there's a marketplace, there's probably an inefficient and like where blockchain can really become an effective tool and kind of all this innovations that have been happening for past five years can be now used to truly change the business there.
And like just like we have one point like for the enterprise perspective, I think like interconnection of businesses will bring new business models in my opinion. So first like you had a bank bank was closed, then you had PSD 2 which enabled you know, challenger banks to kind of use the same APIs and transact with you.
between banks. And now I think the next step, PSD2 is limited because then these banks cannot really interact with each other. And like using blockchain consortium networks, they can have different types of interactions between them. Even enable third parties to build
even more richer experiences in these enterprise use cases, in my opinion. And I think that's kind of where it's going to go. Like you're going to have this maybe consortium network, sort of, or, you know, of enterprises which are going to onboard third parties into their business, probably they're going to take some charge of like, you know,
We charge you its X amount of the money to interact with our network, but then you get to build a better business model on top, like leveraging our data, maybe leveraging our infrastructure, maybe leveraging our customers. And you will have like highly composable APIs or small
I think that's where the future will go, like white labeling your core IP to the others, like OpenBanking did. OpenBanking was one of the best things which happened in the FinTech space in the last 10 years. I think this is going to take it to the next level.
Awesome. Hopefully that really kind of sheds some light on what can be possible with blockchain operating system in Calamero and inspired some people in the audience here really would love to see some more cool things being built. They're both really unique platforms and definitely platforms to take advantage of and I really want to thank
Thank you again for being here, Ili and Sandy, taking your time and I appreciate everybody in the audience that came out. We have, you know, waiting for 10 minutes left and I want to see if anybody in the audience today has any questions or discussions or topics they want to raise. And if so, you know, with the last 10 minutes remaining, feel free to raise your hand and request speaker and I can get you up here.
So, anybody have any questions about blockchain operating system? What it's about Kalimero for Ilya or Sandy?
You're like pretty clear everybody's ready to go back to building and shipping businesses on the bottom percent I think you've inspired everybody here today because they're looks like they're all busy building you know these solutions on bottom
And, you know, it's been very concise. Appreciate you again coming up and shedding some light unpacking boss on Pat Tyler Merrow diving into the background and what's possible. Really appreciate everybody being here and I hope you all have a wonderful rest of your day.
Thank you for having me. And yeah, check out Kalimero.network. Sounds good, bye. - Hi, Tehran.