hey, hello, Rebecca, can you hear me?
Hey, hello Rebecca. Can you hear me
Okay, no problem. Let's wait for Kyle then we'll start.
Okay, no problem. Let's wait for Carl then we'll start
Hey, hi, Carl, hey, hi, Rebecca, I see you guys are here.
Hey, hi, Kyle. Hey, hi, Rebecca. I see you guys are here. Hello. Can you hear me?
I hear you just fine. Yeah. Hello. It's good to good to be on.
I hear you're just fine. Yeah, hello. It's good to be on.
Yeah, perfect. Okay, nice. Okay, let's start.
Okay, nice. Okay, let's start.
Okay. Hey, guys. Nice to meet you all. I'm Johnny from CoinX.
Okay. Hey, guys. Nice to be here. I'm Johnny from CoinX. And thank you for joining us today. Before we start, let me introduce CoinX.
And thank you for joining us today. Before we start, let me introduce CoinX.
We are a global crypto exchange established back in 2017.
We are a global crypto exchange established back in 2017. And we have more than 800 crypto trading spares as of today.
And we have more than 800 crypto trading spares as of today.
And we have been offering various trading services for users all over the world.
And we have been offering various trading services for users all over the world.
Yeah, just like today's CoinX spotlight through the section, we do
Yeah, just like today's CoinX spotlight through the section, we do regularly host online and on-ground campaigns.
we do regularly host on-line and on-ground campaigns.
And we provide daily crypto updates to our community as well.
And we provide daily crypto updates to our community as well. Please be sure to follow also the video channel for the information.
Please be sure to follow also the video channel for the information.
Okay, so let me quickly start off today's topic.
Okay, so let me quickly start off today's topic. So today we talked about the synergy between blockchain, AI, and Web3.
So today we talk about the synergy between blockchain, AI, and Web3.
Okay, before we start, I would like to invite our guest to introduce yourself.
Okay, before we start, I would like to invite our guest to introduce herself.
Yeah, so hello, everyone. I'm Rebecca. I'm the senior researcher from VF BDC Capital.
Yeah, so hello, everyone. I'm Rebecca. I'm the senior researcher from BDC Capital. Nice to meet you all.
Nice to meet you all. Thank you, Rebecca.
Hey, Kyle Langham. I'm the director of data and analytics for DFINITY.
Yeah, Kyle Langham. I'm the director of data and analytics for DFINITY. It's excited to be on the space. Thanks for having me.
It's excited to be on the space. Thanks for having me.
Nice. Thank you. Thank you, everyone.
Nice. Thank you. Thank you, everyone. Okay, so before we start, would you like to talk a little bit more about your project first?
Okay, so before we start, would you like to talk a little bit more about your project first?
Yeah, sure. So the internet computer is a blockchain technology. The easiest way to understand the internet computer is as a more or less decentralized version of AWS or Google Cloud, Microsoft Azure.
Yeah, sure. So the internet computer is a blockchain technology.
The easiest way to understand the internet computer is as a more or less decentralized version of AWS
or Google Cloud, Microsoft Azure.
Our intent is to create a world computer so that you can host applications 100% on the blockchain.
Our intent is to create a world computer so that you can host applications 100% on the blockchain.
And then also, essentially become the glue that kind of combines all crypto. So essentially, we're kind of very passionate about people building apps that can directly integrate with Bitcoin and Ethereum, Solana, pretty much any blockchain.
And then also essentially become the, I don't know what you call it,
glue that kind of combines all crypto. So essentially, we're kind of very passionate about people
building apps that can directly integrate with Bitcoin and Ethereum, Solana, pretty much any blockchain.
And so that you can have apps that have a great user experience across the crypto landscape without introducing new security issues.
And so that you can have apps that have a great user experience across the crypto landscape without
introducing new security issues.
So DFINITY is a major contributor to the internet computer. We essentially launched it, but the internet computer itself is ran by a DAO. All code updates have to go through a DAO that anyone can join.
And DFINITY is a major contributor to the internet computer.
We essentially launched it, but the internet computer itself is ran by a DAO.
All code updates have to go through a DAO that anyone can join.
And so DFINITY right now is the most major of the contributors to that code base.
And so DFINITY right now is the most major of the contributors to that code base. But we hope that as time goes on, you'll see other entities join up and also start contributing more and more code to the internet computer.
But we hope that as time goes on, you'll see other entities join up and also start contributing more
and more code to the internet computer.
Thank you, and good to hear. Thank you, Kyle. What about you, Rebecca?
Thank you, and good to hear. Thank you, Carl. What about you, Rebecca?
So, VRVDC Capital, we are a capital that is very crypto-native, and we are very interested in projects,
So, we are a capital that is very crypto native, and we are very interested in projects, pretty much all projects. They are one, they are two, infrastructure, but also so so far, we also actually, you know, I've spoke with DFINITY too, with Jason.
pretty much all projects. They are one, they are two, infrastructure.
But also, so far, we also actually, you know, I've spoke with DFINITY too, with Jason.
So we are also very interested in, you know, the ICP ecosystem and what the internet computer is doing.
So we are also very interested in, you know, the ICP ecosystem and what the internet computer is doing. So I'm very, today I'm very excited to, you know, to speak with Kyle too.
So I'm very, today I'm very excited to, you know, to speak with Kyle too.
Yeah, same here. Thank you. Thank you. Okay. All right. Thank you for the intro.
Yeah, same here. Thank you. Thank you. Okay, all right. Thank you for the intro. So let's start off the first question. Okay, so we talked about right now, there are a lot of opportunities out there, right?
So let's start off with the first question.
Okay. So we talked about right now, there are a lot of opportunities out there, right?
So which aspect of the digital realm can be effectively decentralized?
So which aspect of the digital RAM can be effectively decentralized? And like, from there, where do the challenges persist? What are the opportunity out there in the ongoing decentralization narrative? What's your take on this, Carl?
And like from there, where do the challenges persist?
What are the opportunities out there in the ongoing decentralization narrative?
What's your take on this, Kyle?
Yeah, I always like to say decentralization is a journey. It's not necessarily an end goal. You could take I mean, when you actually like zoom all the way out and look at the entire tech stack of the internet.
Yeah, I always like to say decentralization is a journey. It's not necessarily an end goal.
You could take, I mean, when you actually like zoom all the way out and look at the entire tech stack of the internet,
There's aspects that we currently are making no progress on decentralizing like ISPs, right? So how everyone connects into the internet, that's still pretty centralized. And I don't know of any, or I don't know of any project that's making significant headway there.
there's aspects that we currently are making no progress on decentralizing, like ISPs, right?
How everyone connects into the internet, that's still pretty centralized.
And I don't know of any, or I don't know of any project that's making significant headway there.
But within crypto, we tend to think more on the server side of things, the the opportunities and really where the internet computer fits in is, is what what we want to do is have applications that are fully on chain.
But within crypto, we tend to think more on the server side of things.
The opportunities and really where the internet computer fits in is,
what we want to do is have applications that are fully on-chain.
So that's front end, back end, no need for Oracle's right, you want to basically create everything that can be on chain because not not for its own goal, but because by putting things on chain, it allows for decentralization of the entire application.
So that's front end, back end, no need for oracles, right?
You want to basically create everything that can be on-chain because, not for its own goal,
but because by putting things on-chain, it allows for decentralization of the entire application.
I always say though, because within crypto, we tend to think about decentralization as a goal in and of itself.
I always say, though, because we within crypto, we tend to think about decentralization as as a goal in and of itself. Decentralization is only really as useful as the products that leverage it.
Decentralization is only really as useful as the products that leverage it.
And so what I would challenge everyone listening and basically the future builders of tomorrow
And so what I would challenge everyone listening and, you know, basically the future builders of tomorrow to really think about how does decentralization improve the products that you're offering and think of decentralization as a feature, not the product itself.
to really think about how does decentralization improve the products that you're offering
and think of decentralization as a feature, not the product itself.
So when you think about it from that perspective, if your product incorporates a decentralized front end and back end,
So when you think about it from that perspective, you know, if you have if your product incorporates a decentralized front end and back end, you can now turn your product over to its users.
you can now turn your product over to its users.
And how does that kind of change the business model or the scalability of what you're trying to do is one component.
And how does that kind of change the business model or the scalability of what you're trying to do is one component. Another component is is if you think about decentralization as as removing trust barriers or the need to trust.
Another component is if you think about decentralization as removing trust barriers or the need to trust.
Well, there's applications of that that we haven't really started tapping into too much as an industry,
Well, there's there's applications of that that we haven't really started tapping into too much as an industry such as trust is huge between companies.
such as trust is huge between companies and there's a lot of collaboration that doesn't happen because they cannot get over the trust barrier.
And there's a lot of there's a lot of collaboration that doesn't happen because they cannot get over the trust barrier.
And so creating applications that help companies do businesses with other companies, that kind of stuff, really starting to think about it from from those perspectives is the key to decentralization, in my in my opinion.
And so creating applications that help companies do businesses with other companies, that kind of stuff,
really starting to think about it from those perspectives is the key to decentralization, in my opinion.
Yeah, speaking about trust, there has been a lot of issues as well.
Yeah, yeah, speaking about trust. Yeah, there has been a lot of issues as well. Just curious, it's a little bit personal. It's ICP is like, like, it's infinity also developing any rims project on trust, like in terms of solving this solution.
Just curious, it's a little bit personal.
Is ICP also developing any rims project on trust in terms of solving this solution?
Well, there's a lot of ways in terms of what was the second half of that sentence?
Well, there's a lot of ways in terms of I'm sorry, I missed it in terms of what was the second half of that sentence.
Yeah, you mentioned about the trust, right? So like, there's a lot of companies they have, they hasn't really cooperated or there weren't any significant journey because the trust issue, right?
Yeah, you mentioned about the trust, right?
So there's a lot of companies, they haven't really cooperated or there weren't any significant journey because the trust issue, right?
So just just curious, like how how is there any way that the affinity is going to work it out?
So just curious, is there any way that DFINITY is going to work now?
Yeah, so there's well, there's two ways to answer that one is, is, you know, DFINITY is focused on on a protocol. And so the applications or the solutions built on top of the protocol has probably I would say the most potential for solving that because at that point, you have a field of innovation.
Yeah, so there's two ways to answer that.
One is DFINITY is focused on a protocol.
And so the applications or the solutions built on top of the protocol has probably, I would say,
the most potential for solving that because at that point you have a field of innovation.
But the areas that DFINITY specifically is focused on is there's probably a couple ways to say one would be focused on identity. So having a we have an identity layer on the protocol that that any developer can tap into.
But the areas that DFINITY specifically is focused on is there's probably a couple of ways to say.
One would be focused on identity.
So we have an identity layer on the protocol that any developer can tap into.
So that way, then users can can have a have like a login for any app that doesn't allow the apps to track that user across the ecosystem. So think about it. It's almost like Google your Google login, but where there's no Google to track you as you log in across different apps.
So that way then users can have a login for any app that doesn't allow the apps to track that user across the ecosystem.
It's almost like Google, your Google login, but where there's no Google to track you as you log in across different apps.
So identities one and then the second one in terms of businesses is we've been starting to talk about this concept of utopia, which is really offering businesses the ability to host host their tech stacks on their own subnet on the internet computer, which then gets gets it to where now, you know, they don't have to trust.
And then the second one in terms of businesses is we've been starting to talk about this concept of utopia,
which is really offering businesses the ability to host their tech stacks on their own subnet on the internet computer,
which then gets it to where they don't have to trust hardware that could be shut down by governments
Hardware that that could be shut down by governments or that could be tampered with by, let's say, their competitors. So that that really focused on the kind of the hardware side of things for for trust. That's where DFINITY can probably play its biggest role. But again, I think I think for us, the biggest thing is attracting developers with innovative ideas to try out new products that solve those trust issues.
or that could be tampered with by, let's say, their competitors.
So that really focused on the hardware side of things for trust.
That's where DFINITY can probably play its biggest role.
But again, I think for us, the biggest thing is attracting developers with innovative ideas to try out new products that solve those trust issues
And and having the innovation happen at the application level.
and having the innovation happen at the application level.
Thank you. Thank you, Carl. What about you, Rebecca? Any insight on that?
Uh, I think the observation, you know, about the journey of decentralization, like of what Carl says spot on, like decentralization is not just a technological improvement. It is like a necessary
I think the observation about the journey of decentralization, like of what Kyle said, is brought up.
Decentralization is not just a technological improvement.
It is like a necessary evolution to address the centralization of monopoly issues that we face today.
evolution to address the centralization of monopoly issue that we face today. And, you know, back to what Kyle just said, you know, like building a utopia. I think this actually, you know, maybe Kyle can help to clarify that there is actually like a very
And back to what Kyle just said, like building a utopia, I think this actually, maybe Kyle can help to clarify that.
There is actually like a pretty well circulated Chinese article talk about the ICP, like previously.
pretty well circulated Chinese article is talk about the ICP like previously and DFINITY actually come up and clarify it. So it basically, you know, actually bring back to the
And DFINITY actually come up and clarify it.
So it basically, you know, actually brings back to the question of, you know, the challenge of decentralization,
question of, you know, the challenge of decentralization, which is that how to create a governance system with efficiency while maintaining democrat democratization. So basically what you said is that, you know, like the DAO system, because like the project built on ICP, you know, it go through like a DAO protocol goal. So which is NNS. And it basically said that the article state that, you know, like
which is that how to create a governance system with efficiency while maintaining democratization.
So basically what you said is that, you know, like the DAO system, because like the project built on ICP, you know, it go through like a DAO protocol goal.
So which is NNS. And it basically said that the article state that, you know, like in the NNS system that it does not restrict the right to propose proposal,
in the NNS system that it does not restrict the right to propose proposal, meaning that all neurons
meaning that all neurons can propose proposal and vote, which then result in the emergency of a large number of junk proposal.
can propose proposal and vote, which then result in the emergency of a large number of junk proposal. And on top of that,
And on top of that, it also say that because the there is everyone can have a say on it.
it also say that because the there is everyone can have a say on it. So it's too democratized. So there is no right now currently on ICP that still happen to have a unified standard token code.
So it's too democratized. So there is no right now currently on ICP that still happen to have a unified standard token code.
So which made it difficult, you know, like, for example, there's also make it difficult for example, Western and Eastern developers, like they, when they communicate, they are in loss of, there's a loss of Chinese translation between them.
You know, which made it difficult, you know, like, for example, there's also make it difficult, for instance, Western and Eastern developers, like they, when they communicate, they are in loss of, there's a loss of Chinese translation between them.
So it makes it difficult, you know, to like how to make like this DAO efficient. But because like right now, what ICP have like the affinity is take is the letter, which is the like the decentralization instead of efficiency.
So it makes it difficult, you know, to like how to make like this DAO efficient, but because like right now, what ICP have like the affinity is the letter, which is the like the decentralization instead of efficiency.
Yeah, Rebecca is talking about some making some very good points. And I think so. So within the internet computer, we tend to be big advocates of liquid democracy. So the ability for any voting participant who also
Yeah, Rebecca is talking about making some very good points. And I think so. So within the internet computer, we tend to be big advocates of liquid democracy.
So the ability for any voting participant to also, what would you say, give their vote or concede their their voting power to another person or entity.
what would you say, give their vote or concede their their voting power to another person or entity. And that that adds to the efficiency. Obviously, it's important that that person can pull back their that that that aspect or change it to a different person shoot should they lose trust in whoever they were following.
And that that adds to the efficiency. Obviously, it's important that that person can pull back their that that that aspect or change it to a different person should they lose trust in whoever they were following.
But liquid democracy is one attempt at doing it. But I would say this is is if I even zoom outside of just internet computer or even outside of blockchain, or I guess not outside of blockchain, but just outside of the internet computer.
But liquid democracy is one attempt at doing it. But I would say this is is if I even zoom outside of just internet computer or even outside of blockchain, or I guess not outside of blockchain, but just outside of the internet computer.
I think it's important to say that as as humans, we've had the top down organizational structure for hundreds of years, right? And so like, if you go to the airport today, you'll find dozens of books written about management.
I think it's important to say that as as humans, we've had the top down organizational structure for hundreds of years, right? And so like, if you go to the airport today, you'll find dozens of books written about management and organization and that kind of stuff.
And organization and that kind of stuff, we have like hundreds of years of understanding of how to properly do top down. But the whole bottom up has only really been possible at the scale that we're talking about.
We have like hundreds of years of understanding of how to properly do top down. But the whole bottom up has only really been possible at the scale that we're talking about. Since blockchain was created, this is this bottom up decentralization was never possible.
Since blockchain was created, this is this bottom up decentralization was never possible. And so we're kind of at a state where I would agree that it's kind of a messy situation of miscommunication, inefficiencies, you know, tribalism, all of that stuff works into inefficiency within decentralization, especially within DAOs.
And so we're kind of at a state where I would agree that it's kind of a messy situation of miscommunication, inefficiencies, you know, tribalism, all of that stuff works into inefficiency within decentralization, especially within DAOs.
And I think, but I think to be fair, it's, it's, you know, it's gonna take time for theory, like management theory, bottom up management theory to really be established and for ways of working to be established for communication barriers to be demolished.
And I think, but I think to be fair, it's, it's, you know, it's gonna take time for theory, like management theory, bottom up management theory to really be established and for ways of working to be established for communication barriers to be demolished.
So we're at the first step of a long, long, long journey. And I don't know, I kind of, I kind of love just being, being part of that first step in something that I think is truly revolutionary and will take 100 years to really figure out fully.
So we're at the first step of a long, long, long journey. And I don't know, I kind of, I kind of love just being being part of that first step in something that I think is truly revolutionary and will take 100 years to really figure out fully.
Yeah, I, yeah, you do have a very good insight. Yeah, yeah, I do agree, like I would say I really agree. Yeah, a lot of people say decentralization, decentralization is very messy now. And a matter of fact, it is, you know, but just like Kyle said, it's more like a journey. Yeah, we can judge the efficiency currently, or just how messy it is, because all it must be a good start.
Yeah, I, yeah, you do have a very good insight. Yeah, yeah, I do agree, like I would say, I really agree. Yeah, a lot of people say decentralization, decentralization is very messy now. And a matter of fact, it is, you know, but just like Kyle said, it's more like a journey. Yeah, we can judge the efficiency currently, or just how messy it is.
It's all, it must be a good start. Yeah, so let's look forward to that. Yeah. And, and we personally believe in, in this long journey as well. It's more like, we can just balance out the current benefit with the future possibility.
Yeah, so let's look forward to that. Yeah. And, and we personally believe in, in this long journey as well. It's more like, we can just balance out the current benefit with the future possibility.
Yeah. Thank you, Kyle. And thank you, Rebecca. Let's move on to the next one. So, this year, we have a lot of AI popping up, and some of them is even touch up to the, to the field that we never talked for, we could even imagine before.
Yeah. Thank you, Kyle. And thank you, Rebecca. Let's move on to the next one. So, this year, we have a lot of AI popping up, and some of them is even touch up to the, to the field that we never talked or we could even imagine before.
So my question is, how can cryptographic verification mechanism, they're going to foster the trust between consumers and AI developers.
So my question is, how can cryptographic verification mechanism, they're going to foster the trust between consumers and AI developers.
In the context of work three and blockchain, like how do these technology, they're going to contribute to transparency and reliability in the development and the deployment by the AI system. By any chance, how would that affect us?
In the context of work three and blockchain, like how do these technology, they're going to contribute to transparency and reliability in the development and the deployment by the AI system. By any chance, how would that affect us?
Yeah, I don't want, I don't want to keep stealing the show. So Rebecca, if you want to go first, I'm happy to.
Yeah, I don't want, I don't want to keep stealing the show show. Rebecca, if you want to go first, I'm happy to.
Yeah, I think, I think people would like to know, you know, what's about ICP, but, you know, so I'm happy if you want to talk about it.
Yeah, I think, I think people would like to know, you know, what's about ICP, but, you know, so I'm happy if you want to talk about it.
But what I think about, you know, it's really, you know, it's pretty simple. It's just one of the main concerns in like deploying AI, like, especially in deep learning system is that it's the privacy, you know, due to the dependency of the large data set.
But what I think about, you know, it's really, you know, it's pretty simple. It's just one of the main concerns in like deploying AI, like, especially in deep learning system is that it's the privacy, you know, due to the dependency of the large data set.
And the privacy preserving deep learning and collaborative deep learning are the areas where cryptography, including homomorphic encryption, can enhance security.
And the privacy preserving deep learning and collaborative deep learning are the areas where cryptography, including homomorphic encryption can enhance security.
So, you know, like skip all the technical term, you know, in short, I think that like AI and cryptography, it's a symbiotic relationship between machine learning and cryptography.
So, you know, like skip all the technical term, you know, in short, I think that like AI and cryptography is a symbiotic relationship between machine learning and cryptography.
So with this mean that, you know, like cryptographic algorithm can help solving machine learning issues and deep learning algorithm can help, can be applied to be like, it can be applied effectively in cryptography.
So does this mean that, you know, like cryptographic algorithm can help solving machine learning issues and deep learning algorithm can help, can be applied to be like, it can be applied effectively in cryptography.
Therefore, like particularly such as like in the areas that requiring a first real like repulseness. Yeah, so I don't know, what do you think?
Therefore, like particularly such as like in the areas that requiring a first real like repulseness. Yeah, so I don't know, what do you think?
Yeah, I think, I mean, I think you're absolutely right. And it's a, there's a lot of different ways to, I guess, answer the question from like different perspectives.
Yeah, I think I mean, I think you're absolutely right. And it's a, there's a lot of different ways to, I guess, answer the question from like different perspectives.
I tend to kind of like to think through like products from a product perspective and building trust between the developers and the users, which I think is something that
I tend to kind of like to think through like products from a product perspective and building trust between the developers and the users, which I think is something that
we probably need to think more through with with AI specifically. But so things like like cryptography, right? You know, cryptography can build trust by providing a cryptographical proof that the inference engine a user thinks they're interfacing with is actually the right one.
we probably need to think more through with with AI specifically. But so things like cryptography, right, you know, cryptography can build trust by providing a cryptographical proof that the inference engine, a user thinks they're interfacing with is actually the right one.
So that, you know, there's not a switcheroo where you think you're talking to chat GPT, but actually you're talking to, you know, some other some other AI model that is maybe skewed to different incentives.
So that, you know, there's not a switcheroo where you think you're talking to chat GPT, but actually you're talking to, you know, some other some other AI model that is maybe skewed to different incentives.
Also proving that your prompt that you provided is hasn't been tampered with or the output hasn't been tampered with.
Also proving that your prompt that you provided is hasn't been tampered with or the output hasn't been tampered with.
There, I think privacy is a huge when you think about privacy, like you can guarantee privacy by just taking all your data, putting it on a hard drive, deleting it off the internet completely and storing it, you know, in your in the drawer on your desk.
I think privacy is a huge when you think about privacy, like you can guarantee privacy by just taking all your data, putting it on a hard drive, deleting it off the internet completely and storing it, you know, in your in the drawer on your desk.
That's that'd be highly private, but not very useful. And so privacy is kind of a good way to understand, like, how can you allow access to your personal data or whatever data you own, but limit it to only the right people under the right context?
That's that'd be highly private, but not very useful.
And so privacy is kind of a good way to understand like, how can you allow access to your personal data or whatever data you own, but limit it to only the right people under the right context.
And I think that's an area that blockchain has a lot of potential to solve. I mean, just almost in the same way that that's a very similar problem to solving who owns a picture online, which is what, you know, what an NFT is, is, you know, solving the problem of who owns a picture and how do you allow them to transact it.
And I think that's an area that blockchain has a lot of potential to solve. I mean, just almost in the same way that that's a very similar problem to solving who owns a picture online, which is what, you know, what an NFT is, is, you know, solving the problem of who owns a picture and how do you allow them to transact it.
I think that's kind of a similar model for what we could do with data.
I think that's kind of a similar model for what we could do with data.
And then I guess the final thing, going back to the democracy question from just the last the last question, within AI for, I don't know, 20, 30 years, there's been this, they call it the alignment problem.
And then I guess the final thing, going back to the democracy question from just the last question, within AI for, I don't know, 20, 30 years, there's been this, they call it the alignment problem.
It's how do you get general AI to align to human values? It's always been like talked about from the context of, you know, when we get to general AI or AGI.
It's how do you get general AI to align to human values? It's always been like talked about from the context of, you know, when we get to general AI or AGI, you know, is it going to create like a Skynet that's going to take over the world and enslave humans?
You know, is it going to create like a Skynet that's going to take over the world and enslave humans? I think now that like with with LLMs, it's almost like AGI has become a topic again and how close we are getting to AGI.
I think now that like with with LLMs, it's almost like AGI has become a topic again, and how close we are getting to AGI. And I think what we need to do is rewrite the alignment problem to be whose human values are we aligning AI to?
And I think what we need to do is rewrite the alignment problem to be whose human values are we aligning AI to? Because, you know, you can guarantee that the CEO of a major tech company is going to have a different set of human values than maybe all the people who are on this call.
Because, you know, you can guarantee that the CEO of a major tech company is going to have a different set of human values than maybe all the people who are on this call, or even how do you every single person on this call?
Or even how do you every single person on this call? I mean, just think about how many how diverse our opinions are and and how do you aggregate all of that into a set of values that you would instill in an AI.
I mean, just think about how many how diverse our opinions are and and how do you aggregate all of that into a set of values that you would instill in an AI.
And I think that that's where you get into liquid democracy, you get into efficient democracy, and that's where blockchain, I think, can really, really power. So having like blockchain models, or I'm sorry, having AI models that are trained, tested and deployed in a democratic fashion is going to be a key way to solve that alignment issue.
And I think that that's where you get into liquid democracy, you get into efficient democracy, and that's where blockchain, I think, can really, really power.
So having like blockchain models, or I'm sorry, having AI models that are trained, tested and deployed in a democratic fashion is going to be a key way to solve that alignment issue.
Yeah, I think what you raised like the question of alignments or like ensuring AI values align with human values is really complicated, because it's very difficult to solve, it really depends on like which value that we base on.
Yeah, I think what you raised like the question of alignments or like ensuring AI values align with human values is really complicated because it's very difficult to solve. It really depends on like which value that we base on.
So like back to what you just said, you know, earlier before for the first question that I think this, what we are trying to do is this mean like we are not just trying to secure data, but also open up the governance process to wider participation.
So like back to what you just said, you know, earlier before for the first question that I think this what we are trying to do is this mean like we are not just trying to secure data but also open up the governance process to wider participation.
So which means that, you know, the alignment problem isn't just a set through the top down enforcement of values, but also through a collaborative, you know, bottom up approach that can be evolved over time, which is what you just said like earlier.
So which means that, you know, the alignment problem isn't just a set through the top down enforcement of values, but also through a collaborative, you know, bottom up approach that can be evolved over time, which is what you just said like earlier.
No, I was just going to agree with what Rebecca said and I think that that was exactly that it was a good summary of a way to think about it. We're I mean we're at the stage now, at least with the internet computer that you could actually democratize every aspect of the development, deployment
No, I was just gonna agree with what Rebecca said and I think that that was exactly that it was a good summary of a way to think about it. We're I mean, we're at the stage now, at least with the internet computer that you could actually democratize every aspect of the development deployment
and AI model, except for the training, which is the most important part. But that's the one part that we we we aren't capable today. And to be honest, we, if there was market demand for this, we probably could be ready in six to 12 months.
and AI model, except for the training, which is the most important part. But that's the one part that we aren't capable today. And to be honest, if there was market demand for this, we probably could be ready in six to 12 months.
We know we know how to solve that from a technological standpoint, it's just, honestly, there's not a lot of market demand for at, you know, at today for for doing training on a blockchain.
We know we know how to solve that from a technological standpoint, it's just, honestly, there's not a lot of market demand for at, you know, at today for for doing training on a blockchain.
Yeah, it's, you know, like it's gonna take time but people they will, they will eventually realize the importance of like the cryptographic. Yeah.
Yeah, it's, you know, like it's gonna take time but people they will, they will eventually realize the importance of like the cryptographic. Yeah. And that's just curious.
And I just curious like, um, right now we see a lot of AI getting involved in the crypto, and some of the crypto, some of the crypto project they even claim themselves is the leveraging and utilizing AI, just curious, is, is definitive in via BDC is getting involved with AI as well.
Right now we see a lot of AI getting involved in the crypto, and some of the crypto, some of the crypto project they even claim themselves is leveraging and utilizing AI, just curious, is, is definitive in via BDC is getting involved with AI as well.
Did you say getting involved with AI?
Did you say getting involved with AI?
Yeah, yeah, it's just like the AI development as well. Yeah, just curious. Like, if the project is trying to leverage the AI technology now, like, can you please elaborate a little bit more.
Yeah, yeah, it's just like AI development as well. Yeah, just curious. Like, if the project is trying to leverage the AI can all tune out like, can you please elaborate a little bit more.
Yeah, so there's so I guess I could kind of answer this the same way as the previous one where we've, we have a protocol, and what where a lot of the innovation should come at is the application stage.
Yeah, so there's so I guess I could kind of answer this the same way as the previous one where we've, we have a protocol, and what where a lot of the innovation should come at is the application stage.
There's some interesting things that people are doing. There's a company called ELA that is basically trying to create personal chatbots on that that are stored in canister smart, smart contracts, basically.
Interesting things that people are doing there's a company called ELA that is basically trying to create personal chatbots on that that are stored in canister smart smart contracts, basically.
So you have basically an LLM model that is is trained on your own personal data, and then it's your own, and then you personally have control of that of that model.
So you have basically an LLM model that is is trained on your own personal data and then it's your own, and then you personally have control of that of that model.
I almost think of it as like a chat GPT as an NFT. So everyone's got their own customized NFT chat GPT kind of a thing.
I almost think of it as like a chat GPT as an NFT so everyone's got their own customized NFT chat GPT kind of a thing.
That's pretty cool. From DFINITY's perspective, what we're we've kind of looked at it from two perspectives, we've a the hardware is like, what would it take for us to create a subnet of GPUs, so that you could do training on the internet computer.
That's pretty cool. From DFINITY's perspective, what we're we've kind of looked at it from two perspectives, we've a the hardware is like, what would it take for us to create a subnet of GPUs, so that you could do training on the internet computer.
And so we've looked at it from that perspective. And then the other perspective is, again, trying to find, you know, trying to find what a great place for the liquid democracy would be in that in that development process of building an AI model.
So we've looked at it from that perspective. And then the other perspective is, again, trying to find, you know, trying to find what a great place for the liquid democracy would be in that in that development process of building an AI model.
So, so yeah, so we're trying to see if there's a way to use our governance model within, you know, AI deployment and development.
So, so yeah, so we're trying to see if there's a way to use our governance model within, you know, AI deployment and development.
Nice, nice. Yeah, we look forward to that, to that AI NFT one. Yeah, what about you Rebecca? Yeah, any, any project, interesting project, or even the AI project that your company is investing into?
Nice, nice. Yeah, we look forward to that, to that AI NFT one. Yeah, what about you, Rebecca? Yeah, any, any project, interesting project, or even the AI project that your company is investing into?
Yeah, so we definitely right now there are a lot of AI project like popping up, and we are not missing any opportunities, we just look at all the projects.
Yeah, so we definitely right now there are a lot of AI project like popping up, and we are not missing any opportunities, we just look at all the projects.
So I think like what the trend just like, you know, just like what Carter said, you know, that those AI bought would be very interesting, you know, because like, I think, like, like some, like a chatbot, you know, that can somehow extract maximum value from a person like to make
So I think like what the trend just like, you know, just like what Carter said, you know, that those AI bought would be very interesting, you know, because like, I think,
like, like some, like a chatbot, you know, that can somehow extract maximum value from a person like to make money, you know, that's where the money is because then you'll be very lucrative, like, and very interesting project, for example,
money, you know, that's where the money is, because then you'll be very lucrative, like, and very interesting project, for example, like, and I don't know, just an example, right?
and I don't know, just an example, right? There are so many AI generative character right now, like as an Instagram stars, or like, or even like, people are paying for them to, as AI actors, right?
There are so many AI generative character right now, like, as an Instagram stars, or, like, or even like, people are paying for them to, as AI actors, right? And then you somehow embed, like, a spot in a smart contract.
And then you somehow embed like a spot in a smart contract. And so the people can interact, you know, actually talk to them. And by then, you know, they somehow just like, you know, like those surface that provide like ego surface, you know,
And so the people can interact, you know, actually talk to them. And by then, you know, they somehow just like, you know, like those servers that provide like ego servers, you know, they you talk to them, you know, and then they get value from, they get extract the maximum value from you.
they you talk to them, you know, and then they get value from the they get extract the maximum value from you. So I think those kind of project would be pretty interesting, like as in the future.
So I think those kind of project would be pretty interesting, like, as in the future.
Well, it sounds like very commercialized, and yet very, very, like, it's very popular idea. And there's actually, you know, like, like sleepless AI, you know, the like recently launched project is like a similar concept, you know, like they have NFT, and then it's like AGI, NFT, and then you can like interact with the NFT and stuff like that.
Well, it sounds like very commercialized, and yet very, very, like, it's very popular idea. And there's actually, you know, like, like sleepless AI, you know, the, like, recently launched project is like a similar concept, you know, like, they have NFT, and then it's like AGI, NFT, and then you can, like, interact with the NFT and stuff like that.
Yeah, imagine right now our population, or even this one, everyone is definitely getting used to this sort of commercialized product. Imagine how cool it is combining blockchain AI, and plus, and plus, the source of fine as well. Yeah. Okay, let's, let's move on to next one.
Yeah, imagine right now, our population, or even this one, everyone is definitely getting used to this sort of commercialized product. Imagine how cool it is combining blockchain AI, and plus, and plus, the social fine as well.
Yeah, okay, let's, let's move on to next one. This one is more like, on from the last question. So we talked about a lot of like, the data, AI application, the data and algorithm.
This one is more like an app on from the last question. So we talked about a lot of like, the data, AI application, the data and algorithm. So, but in what ways can blockchain facilitate the monetization? Like, how can we monetize this this data, algorithm and AI? And how does the integration of blockchain, they're going to elevate the value of these products and services?
So, but in what ways can blockchain facilitate the monetization? Like, how can we monetize this, this data, algorithm and AI? And how does the integration of blockchain, they're going to elevate the value of these products and services?
What's your click on your call?
What's your click on it, Carl?
Yeah, I think the I think a good fundamental place to start with is in AI, data is everything. Like right now you see a lot of money's flowing into like hardware, Nvidia, right, or even data scientists who can build algorithms. That that to me is kind of like how money flowed into HTML, you know, HTML.
Yeah, I think the, I think a good fundamental place to start with is in AI, data is everything. Like right now you see a lot of money's flowing into like hardware, Nvidia, right, or even data scientists who can build algorithms.
That to me is kind of like how money flowed into HTML developers early in the, you know, when the web was first, first getting established. At some point, people are going to the hardware is going to the profit margin of the hardware is going to go get squashed a lot.
developers early in the, you know, when when the web was first, first getting established. At some point, people are going to the hardware is going to the profit margin of the hardware is going to go go get squashed a lot. And then also the talent of data scientists is going to become commoditized in terms of like somebody people would just create, you know, software to replace that.
And then also the talent of data scientists is going to become commoditized in terms of like somebody people would just create, you know, software to replace that. So I think that the true value in AI over like the next five to 10 years is data, like, who has novel data sets, who has data that has been contextualized, the best has been cleaned.
So I think that the true value in AI over like the next five to 10 years is data, like, who has novel data sets, who has data that has been contextualized, the best has been cleaned, all of that having like high value data is going to be whoever has those are going to be the big winners and AI in the medium to long term, in my opinion.
All of that having like high value data is going to be whoever has those are going to be the big winners and AI in the medium to long term, in my opinion. And so then how do you monetize that? Well, blockchain is perfect for that, right?
And so then how do you monetize that? Well, blockchain is perfect for that, right? So we tend to think of monetization on blockchain as like tokens or NFTs pictures, but really any piece of digital, any piece of anything that's digital can be placed on the blockchain and monetized.
So we tend to think of monetization on blockchain as like tokens or NFTs pictures, but really any piece of digital, any piece of anything that's digital can be placed on the blockchain and monetized. And so on the internet computer, you can put a data set up to 400 gigabytes.
And so on the internet computer, you can put a data set up to 400 gigabytes, so maybe not the largest data sets in the world, but you can still put a massive amount of data in a smart contract, treat it like an NFT, then where you could transact it however you want to.
So maybe not the largest data sets in the world, but you can still put a massive amount of data in a smart contract, treat it like an NFT, then where you could transact it however you want to. Or if you want to even go take it one step further, you can imagine ecosystems where people bring the data that they own.
Or if you want to even go take it one step further, you can imagine ecosystems where people bring the data that they own.
Other people have the option to up value it, so like combine it with other data, clean the data, contextualize the data, do activities that make one or more data sets more valuable.
Other people have the option to up value it. So like combine it with other data, clean the data, contextualize the data, do activities that make one or more data sets more valuable. And then because blockchain is great at microtransactions, financial transactions, you could then have it where these up value data sets could be licensed out so that, you know, anyone can use them in their AI.
And then because blockchain is great at microtransactions, financial transactions, you could then have it where these up value data sets could be licensed out so that, you know, anyone can use them in their AI.
And then by using it in your AI, you're providing payment licensing payments back throughout the entire chain. So whoever owns the data originally, whoever upvalued it, every participant in that can be incentivized and paid for their participation.
And then by using it in your AI, you're providing payment licensing payments back throughout the entire chain. So whoever owns the data originally, whoever upvalued it, every participant in that can be incentivized and paid for their participation.
And I think that that kind of is the world we go to where you have these experts who understand where data, like who owns data that's highly valuable, they understand it in a bigger business context where they say I want to take data from person A and combine it with data from person B because it actually produces a data set that's highly valuable for this specific use case.
And I think that that kind of is the world we go to where you have these experts who understand where data, like who owns data that's highly valuable, they understand it in a bigger business context where they say, I want to take data from person A and combine it with data from person B, because it actually produces a data set that's highly valuable for this specific use case.
They do that and then they sell that data and then person A, person B and person C all get enumerated based on that work.
They do that, and then they sell that data, and then person A, person B, and person C all get renumerated based on that work.
Yeah, do you agree on that, Rebecca? Do you agree that whoever owns the data and they organize these data well and could leverage and monetize from there?
Yeah, do you agree on that, Rebecca? Do you agree that whoever owns the data and they organize these data well and could leverage and monetize from there?
Yeah, I mean, definitely, because, you know, like, as in, even as in like traditional, like, rep2, like, the AI is competing with, again, with the largest software cooperation, like, you know, chatGVT, like, like, you know, openAI.
Yeah, I mean, I mean, definitely because, you know, like, as in, even as in, like, traditional, like, RAP2, like, the AI is competing with, again, with the largest software cooperation, like, you know, chatGVT, like, like, you know, OpenAI.
And that's, those are your competitive ones. But then in crypto is different. It lets itself more into like startup fives and outside of fives. And that is where the value capture has been always this.
And that's those are your competitive ones. But then in crypto is different. It let itself more into like startup fives and outside of fives. And that is where the value capture has been always this.
And, you know, like, just as what Kyle said, you know, like, blockchain is not just like data, it's not just about tokenize, NFTs, something like that. But there's much more you can do with it.
And, you know, like, just as what Kyle said, you know, like, blockchain is not just like data, it's not just about tokenized NFTs, something like that. But there's much more you can do with it, like, you can extend a lot more.
Like, you can extend a lot more. But beyond that, like, you know, you can, like, right now, you know, we have AI optimizing for language models for dialogues.
But beyond that, like, you know, you can like right now, you know, we have AI optimizing for language models for dialogues.
Like, actually, we also have like AI connecting to the inferior logs, which are connecting to the hospital that are taking live data from cancer patients or cancer operations.
Like, actually, we also have like AI connecting to the inferior nodes, which are connecting to the hospital that are taking live data from cancer patients or cancer operations.
And they all are all connected on a super node, which is connected to an AI.
And they all are all connected on a super note, which is connected to an AI. So, you know, like, what we can do with AI and blockchain is actually much further, much like, we can do much more.
So, you know, like, what we can do with AI and blockchain is actually much further, much like we can do much more. And it's just not like, you know, people just, you know, decentralized, like, it's just not like only decentralized data markets.
And it's just not like, you know, people just, you know, decentralized, like, it's just not like only decentralized data markets.
So from there, you know, just like what Kyle said, you can, you know, take this data, combine with that data and create a new different, a new product or a different new, you know, aspect or view.
So from there, you know, just like what Kyle said, you can, you know, take this data, combine with that data and create a new different, a new product or a different new, you know, aspect or view.
Yeah, okay. Oh, yeah, I agree on that. And then, yeah.
Yeah, okay. Yeah, I agree on that. And then, yeah, well, I'm gonna say this is the first time I'm hearing from from the dairy I'm connecting to hospital.
Well, I'm gonna say this is the first time I'm hearing from from the dairy I'm connecting to hospital. Yeah.
Yeah, that's the case here. We can really see how potential it is. Yeah.
That's the case here. We can really see how potential it is. Yeah.
Okay, let's move on from there. Yeah, this question is going to be this question from that. And just like, given the rapid application, no, I will say evolution, given the evolution of this technology, what the blockchain and AI just discussed, like, how do we envision this technology, they're going to reshape and at some level, they're going to interact with this technology in the upcoming decades.
Okay, let's move on from there. Yeah, this question is gonna be this question from there.
And just like, given the rapid application, no, I will say evolution, given the evolution of this technology, what the blockchain and AI just discussed, like, how do we envision this technology?
They're gonna reshape and at some level, they're gonna interact with this technology in the upcoming decades.
I think it just like what I just, you know, mentioned, you can expect this technology to reshape sectors just like finance, healthcare, supply chain management, fundamentally, you know, and, you know, in finance, blockchain and AI could lead to like a new fully centralized financial system, you know, where transactions like a more secure transparent and also smarter and AI, you know,
I think it just like what I just, you know, mentioned, you can expect this technology to reshape sectors just like finance, healthcare, supply chain management, fundamentally, you know, and, you know, in finance, blockchain and AI could lead to like a new fully centralized financial system, you know, where
where transactions like more secure transparent, and also smarter, and AI, they provide insight for investment and flow detection, like, and in healthcare, just, I just mentioned about that.
transactions like more secure, transparent, and also smarter. And AI, they provide insight for investment and flow detection, like, and in healthcare, just, I just mentioned about that.
So, I think, like, also in the future, how AI, you know, in healthcare can help to enhance personalized medicine, and stuff like that. So I think, for over the next five to 10 years, it's going to, like, just immerse in our life without you knowing that you are actually, without you knowing that, oh, this is AI. That's what I think.
So, I think, like, also in the future, how AI, you know, in healthcare can help to enhance personalized medicine, and stuff like that. So I think, for over the next five to 10 years, it's going to, like, just immerse in our life without you knowing that you are actually, before you know that, oh, this is AI.
Yeah, I think Rebecca kind of nailed it, that it's going to really disrupt multiple industries. And, and it'll be hard to predict exactly how it disrupts disrupts them. I always like to think about, if you go back, I'm old enough to have lived through early internet, where's dial up, I was a teenager when dial up internet became a thing.
Yeah, I think Rebecca kind of nailed it that it's going to really disrupt multiple industries. And, and it'll be hard to predict exactly how it disrupts disrupts them. I always like to think about, if you go back, I'm old enough to have lived through early internet, where's dial up, I was a teenager when dial up internet became a thing.
And you had this huge wave of innovation with, you know, eBay and Amazon, and this idea of selling online was was kind of early or the late the late 90s. And then you got into the early 2000s, and you had social media became a big thing.
And you had this huge wave of innovation with, you know, eBay and Amazon, and this idea of selling online was was kind of early or the late the late 90s. And then you got into the early 2000s, and you had social media became a big thing.
And then later on, you had a gig economy, kickoff, you had SaaS software, that was early 2010s. FinTech, you had these market verticals of innovation, right? So people, people who started to look at the technology and say, holy cow, we can do, we can do these things that we never had been able to do before, and then out of that flourished big segments.
Later on, you had a gig economy kickoff, you had SaaS software, that was early 2010s. FinTech, you had these market verticals of innovation, right? So people, people who started to look at the technology and say, holy cow, we can do we can do these things that we never had been able to do before, and then out of that flourished big segments.
And so, but now since like, maybe since 2015, or so, you haven't really seen anything innovative, at least I haven't from on the internet, except for maybe LLM is probably the one example. But it does seem like we're almost tapping out the internet, the current technology stack of the internet's capabilities.
And so, but now since like, maybe since 2015 or so, you haven't really seen anything innovative, at least I haven't from on the internet, except for maybe LLM is probably the one example. But it does seem like we're almost tapping out the internet, the current technology stack of the internet's capabilities. So I always look at it like as crypto is the next, like, it's a new playground for innovation.
So I always look at it like as crypto is the next, like, it's a new playground for innovation. And for me, at least it helps to think about Uber, right? So like before, you know, when Uber launched in was a 2008 or 2009. Before that, anyone could have created and anyone could have sat down and said, oh, with the internet today, we can do instant chat messaging with anyone, we can have our location be shared.
And, and for me, at least it helps to think about Uber, right? So like before, you know, when Uber launched in was a 2008 or 2009. Before that, anyone could have created and anyone could have sat down and said, oh, with the internet today, we can do instant chat messaging with anyone, we can have our location be shared.
And we can do credit card payments, like those three things existed for a while on the internet. But it was Uber, who first said, oh, those three things can actually make it so that we can replace taxis. Like, right now in crypto, we have decentralization, we have cheap financial rails, we have digital ownership, these are the things we've talked about. But I'm waiting for those those innovators who come together and go, oh, by combining those three things, we can disrupt this.
And we can do credit card payments, like those three things existed for a while on the internet. But it was Uber, who first said, oh, those three things can actually make it so that we can replace taxis. Like, right now in crypto, we have decentralization, we have cheap financial rails, we have digital ownership, these are the things we've talked about.
But I'm waiting for those those innovators who come together and go, oh, by combining those three things, we can disrupt this, this industry. So like Rebecca was saying, healthcare and, and across the board, just what it what exactly is going to be disrupted.
This industry. So like Rebecca was saying, healthcare and, and across the board, just what it what exactly is going to be disrupted. And it's hard to predict, just like in 2005, people would have called you crazy if you're saying, hey, the internet's going to disrupt the taxi business in the next few years, it's hard to sit here today and say, we're going to definitely disrupt this industry. And instead, we got to wait to see, see the innovators and where they where they actually find that product market fit.
And it's hard to predict, just like in 2005, people would have called you crazy if you're saying, hey, the internet's going to disrupt the taxi business in the next few years, it's hard to sit here today and say, we're going to definitely disrupt this industry.
And instead, we got to wait to see, see the innovators and where they where they actually find that product market fit.
Yeah, yeah, you know, like timeline, and we kind of remind them, like, like, back in 20 or 30 years ago, like no one, no one ever believed internet was a thing, like a lot of people, they even believe internet was a scam, you know, yeah, it was very ironic. And like, 10 years, 15 or 20 years ago, no one believed in Wi Fi technology, people believed in YA, everything must be YA. And 10 years ago, we don't believe in the commerce, like no one, no, no, no, no, no, no, no
Yeah, yeah, you know, like timeline, and we kind of remind them, like, like, back in 20 or 30 years ago, like, no one, no one ever believed internet was a thing, like a lot of people, they even believe internet was a scam, you know, yeah, it was very ironic.
And like, 10 years 15 or 20 years ago, no one believed in Wi Fi technology, people believe in wire, everything must be wire. And 10 years ago, we don't believe in the commerce, like, no one, no one was stupid enough to buy the stuff that they never been there before.
one was stupid enough to buy the stuff that they never been there before. And right now, we don't believe in blockchain. It's just interesting to see how, how things can evolve. And, you know, like, back in a few years ago, people, they don't even believe I can call a taxi from anywhere. It's just, just, just timeline. Yeah. Interesting.
And right now we don't believe in blockchain. It's just interesting to see how how things can evolve. And, you know, like, back in a few years ago, people they don't even believe I can call a taxi from anywhere.
Yeah, just just just come blind. Yeah. Interesting.
I just a funny story when I was, let's see, I must have been like 16 or 17 years old, and Amazon had just gone public. And I was talking with my uncle about I wanted to buy Amazon stock.
Yeah. Just a funny story. When I was, let's see, I must have been like 16 or 17 years old, and Amazon had just gone public. And I was talking with my uncle about I wanted to buy Amazon stock. And he was like, Kyle, that is the dumbest thing you've ever said.
And he he was like, Kyle, that is the dumbest thing you've ever said. Because you buy stuff online. That's where scams happen. It's only for scammers. Amazon's going to zero. And so I never did buy.
Because you buy stuff online. That's where scams happen. It's only for scammers. Amazon's going to zero. And so I never did buy.
Tell me what are you gonna buy next, except ICB.
Tell me what are you gonna buy next? Except ICB. We already know about ICB.
Yeah, definitely, man. Yeah, okay. Hey, we had a good talk. And just before we wrap up, just curious, like, would you like to share a little bit more about the upcoming plan or upcoming timeline for DFINITY and the BDC capital as well?
They would slay, man. Yeah, okay. Hey, we had a good talk. And just before we wrap up, just curious, like, would you like to share a little bit more about the upcoming plan or upcoming timeline for DFINITY and CRPDZ capital as well?
Yeah, for DFINITY, 2024 is really the year of integration. So what we are, we, our fundamental thesis is that we want to be a world computer that we don't, we're not, we're not aiming to replace Solana or Ethereum or Bitcoin, but rather we want to be the chain that connects them all and does so in a secure fashion.
Yeah, for for DFINITY, 2024 is really the year of integration. So what we are, we are fundamental thesis is that we want to be a world computer that we don't we're not we're not aiming to replace Solana or Ethereum or Bitcoin, but rather we want to be the chain that connects them all and does so in a secure fashion.
Really, ideally, what we want is, is to have a platform that people can build, developers can build applications that go across chain and do it in a very good user experience. So their users are, are, are, you know, like what we call like a web to like experience where, you know, it doesn't have the crypto feel of having to swap tokens and having to connect wallets and everything like that. Instead, you have a real nice seamless user experience.
Really, ideally, what we want is, is to have a platform that people can build, developers can build applications that go across chain and do it in a very good user experience. So their users are, are, are, you know, like what we call like a web to like experience where, you know, it doesn't have the crypto feel of having to swap tokens and having to connect wallets and everything like that.
Instead, you have a real nice seamless user experience. And so in the next couple of months, we'll complete our theory. We've already we've already integrated directly with Bitcoin. So again, we have like a Bitcoin node running on the protocol.
And so in the next couple of months, we'll complete our Ethereum, we've already, we've already integrated directly with Bitcoin. So again, we have like a Bitcoin node running on the protocol.
We'll complete our Ethereum integration in the next two months, and then we're going to roll out Solana integration, certainly by year end.
We'll complete our Ethereum integration in the next two months. And then we're going to roll out Solana integration, certainly by year end. So, so that's, that's 2024 right now is focused highly on the multi chain use case and and
And so, so that's that's 2024 right now is focused highly on the multi chain use case and and enabling that and then and then separate to that we have an enterprise there we do have a lot of businesses who are interested in, again, that sovereign subnet idea.
enabling that. And then and then separate to that, we have an enterprise there, we do have a lot of businesses who are interested in, again, that sovereign subnet idea. And so that's something we're exploring in parallel as well.
And so that's something we're exploring in parallel as well.
Nice, nice. Thank you for sharing, Carl. What about you, Rebecca? Was it any upcoming plans for your BBC capital?
Nice. Nice. Thank you for sharing, Carl. What about you, Rebecca? Was it any upcoming plans for your BBC capital?
For us, we will just keep, you know, investing, hoping to find more new project to invest like in a bear market. We are we were actively deploying capitals. And for this year in a boom market coming, we definitely not going to stop that.
For us, we will just keep, you know, investing, hoping to find more new project to invest, like in a bear market, we are we were actively deploying capitals. And for this year in a boom market coming, we definitely not going to stop that. So, you know, hopefully we can find more good projects and hopefully ICP, you know, on DFINITY, there are more good projects.
So, you know, hopefully we can find more good projects and hopefully ICP, you know, on DFINITY, there are more good projects.
Yeah, yeah, yeah, yeah. Thank you, guys. Yeah, I like this stuff so much. Thank you. Thank you so much. And yeah, hey, y'all, make sure you follow DFINITY and the BBC capital to follow their latest information as well.
Yep. Yeah. Yeah. Yeah. Yeah. Thank you, guys. Yeah, I like this stuff so much. Thank you. Thank you so much. And yeah, hey, y'all, make sure you follow DFINITY and the BBC capital to follow their latest information as well. And thank you so much, Carl and Becca. Yeah, thank you for your insight. Yeah, we had a good time. Appreciate that.
And thank you so much, Carl and Becker. Yeah, thank you for your insight. Yeah, we had a good time. I appreciate that.
Thank you. Yeah, thank you, Johnny. Thank you, Rebecca. Great talking with you. Bye bye.
Yeah, thank you, Johnny. Thank you, Rebecca. Great talking with you.