Place is manute of dust, for life is measured only by the span of years. But the living of that life determines the shape of the testament that shall be probated by those that follow. And so, in retrospect, we trace two lives that found themselves in the soft dusk of a summer evening, starring Peter Van Eyck. We have a magnificent obsession that surged in the hearts of two people, very much in love. A story that began on a summer evening at Mrs. Falconer's ruining house in the East 30s just off Second Avenue. Mrs. Falconer's place is unique in that it has a verandah with a porch swing, a heavenly oasis in the inferno of Manhattan at the twilight hour of a day in late August. And it's out here that Mrs. Falconer wages her personal battle with the heat, swinging lazily while she talks to her newest rumour, Mrs. Briggs. For like many other girls at Yoke, to Mrs. Falconer, talk is an obsession. A thunder shower, Mrs. Briggs, that's all we need right now, a thunder shower. Oh, you think so? I never can decide about thunder showers. Like rain, of course, but there has to be lightning along with it. Well... Say, Mrs. Briggs, here comes Mr. Martin. I didn't tell you about him. He's an artist. Him and his wife come here and took the Paula Suite over a year ago. A more in love couple you never seen. Shhh, I'll tell you later. Evening, Mr. Martin. Good evening, Mr. Martin. Oh, good evening. Sure, a scorcher today, wasn't it? This is Mrs. Briggs. She's taken Mr. Collins' old room. Ah, you do, Mr. Martin. Yeah, well, you know Mrs. Briggs, Mr. Martin is just the most wonderful painting you've ever seen. The refined kind, I mean. Oil, pictures and portraits. Of course he had bad luck for a long time, but now. Well, you know them pictures all over billboards of soap and things like that? Well, Mr. Martin's got a new job, drawn for them billboards. And he's going to make... You're mistaken, Ms. Forfner. I had a job drawing for those billboards. I was fired an hour ago. Fired? Yeah, here's the back rent I owe you till today. I have some money left, but I've got to keep it. I can't pay you in advance. I'm sorry. Oh, of course, as long as it's you. Only, well, I was... Don't worry about your rent. Yeah. Somehow I'll see that you get it. Hello, David. May. You mustn't look so. You mustn't, my darling. No matter what this day has been for you. Please, David. Mary, if you're only new. You needn't tell me. I do know the job. Yes. And I'm glad. Glad? So must you be. David Martin drawing billboard heads. It is a kind of sacrilege. What are the real creations that's in your heart? I can't talk about it now. No, David, listen to me. We're going to talk about it. No. You're tired, hearty tired, so just lie down and rest. David, you're going away. You shouldn't stay here longer because of me. Don't talk like that. I cannot go. There's too much that holds me here. You know that. You've never mentioned Leslie Marshall, but he's written to you weeks ago. He's written you to come west and share his studio to get back to the kind of painting you should be doing. And you're going. There's a bus that leaves at nine o'clock. The money you have left is just enough for fare. You're going to take that bus tonight. I can't leave. You know that. And you know why. No, you can't leave. You must stay. Dreams we've shared for you can go unfulfilled because of me. I don't care. I don't care if I ever paint again. Listen, and we heard this melody together in Naples on that magic day, the day of our meeting. Help me, David, to remember this Naples day. The young American girl newly arrived in Italy unsure of herself and of the language. And the man who had taken that street by chance, stopping and watching half amused, she tried so hard to make herself understood. Senior. Yes, yes, Miss. Where is the office? Miss, maybe you understand French. French? Maybe a little, but possibly. Perhaps English would be better. You don't speak English. I will leave to you, the judge. Oh, I don't believe it. And the American Express office is just around the corner. Oh, thank you. It's always the first place the newly arrived American girls to see him. Oh, forgive me. I am David Mark. I'm Mary Randolph, and thank you so very much. Wait. What? Please don't go. You know, it's funny, but for the first time in my memory I do not know what to say to a girl. Well... Do not misunderstand. I'm aware that, well, two people do not meet like this, at least by tradition. They are not supposed to. I'm afraid I must agree with you. And yet, how can I say it? The fact is so simple. But the words... Ms. Randolph, if only you had first met my mother instead of me. Your mother? Why? She's such a wonderful old lady. Very wise. She would have said, Here at last is the girl I must introduce to my son. And then, besides, she might have given that sound a fairly respectable reference. Completely without prejudice, of course. Really? And what would she have said of him? Oh, that he was born in a small French town near Paris, that he was an ordinary boy, not too good, not too bad, not for some inexplainable reason he determined to devote his life to painting. And so, went to Italy to study. There, he wasted three whole years under one day. One day, he met a girl on the street who was looking for the American Express office. And that changed everything? You think that's impossible? You really hear studying? I have been, and you? I come to study voice with Pietro Camroni. A singer? Then you can't refuse. I see who. It just happens I have two tickets for the opera tonight. With very good eyes from these particular seats you can almost see the stage. Please, you must say yes. You don't really have tickets. No. You see, I cannot even lie to you. But I will get them. Come with me, Mary Reynolds. You see, I'm a prophet. And these are prophetic words. This is more than a chance meeting of two strangers. Believe me, very great deal depends on your reply. I know. I feel that too. I believe you were actually afraid at first. In a way, I was myself. Yes, but that didn't matter. I couldn't have stopped myself from seeing you again, even if I wanted to. More memories. David, we must bring back the other memories. That night, the opera. You and I, in the highest tier of seats, looking down almost on the heads of the singers far below. But that made no difference. For we saw, nor heard, no one. Nothing, save each other. And the days that followed, those wonderful carefree days. Castellamere, Sorrenton, Capri. The blue grotto in Capri. The hills above the town. The music there too. The music of the Cypresses, the wind blew through them. And the one hill that we chose apart from all the others, like a little world unto ourselves. And that's what was there alone. Do you hear that? The very hills of Capri called back your name. Which only proves that they know now that they belong to you. Were they surprised to hear it? Not at all. They're used to my whims. I simply told them they were now yours, that I gave them to you. Oh, I'm extremely grateful. Thank you, Mr. Martin. Of course, I should warn you. It is not altogether an outright gift. No. No. There's the matter of a very small payment. No, I was afraid of that. No, Shylock. Would another very small kiss be fair enough? No. Oh, David. Have I remembered today to tell you that I love you? Not today. I do love you, my darling. I adore you, Mary. This is going to be something serious, I can always tell. You get that sombre look deep in your eyes and your voice drops half an octave. David, you want to tell me something? Yes, Mary. I must get back to my work. And there's only one way that that is possible. You must marry me. Well, I'm sure no girl ever got a more flattering proposal. Now, I have it all planned. The wedding at my mother's place, it'll mean so much to her. And afterward, we'll go to Paris. I know of a perfect studio and more upon that. In Paris? Of course, Paris. It is my home. The logical place for me to do serious work is... But what about my work? Oh, you're singing. If you still wish to study, we shall find you some teacher in Paris when we can afford it. David, I don't think you understand. Certainly understand. You wish to be a singer. All right. Put everything in its time and in its order. And your painting is first in order, is that it? Naturally, Mary. Please do not be unreasonable. This is not like you. Why is it unreasonable to want to finish what I've started? You wouldn't give up your work. Why should I? Because, as my wife, there's no need for you to work. Well, perhaps you think there is. I see. You haven't faith enough in me to believe I can support you. I didn't say that. In any way, that's beside the point. Beside the point? Why must you paint in Paris anyway? Why not here? I have my reasons. Many of them. Already I've stayed in Italy far longer than I intended. Which is my fault, of course. But I'm sorry to have detained you. Mary, please. I'm sure these weeks have met a great loss to art. An irreparable loss. Mary, listen to me. We mustn't speak like that to one another. This is childish. Childish? So it's childish for me to want to go on with my singing. Something that's really important to me. Oh, don't worry, David. You'll have no further trouble with my interference in your plan. Because I'll have no place in those plans. Now or ever, you can depend on it. Back to the story of David Martin. And the pathetically sweet story of a summer evening. Starring Peter Van Eyck. The best we have in the future lies in the memories of the past. For memory is the guardian. Is our wisdom and surety and hope in the future. And so in the precious memories of David and Mary, the bridge between tomorrow and yesterday is spanned. And the courage is reborn to cleave to the irrevocable truth of color, line and form. A truth that must burn as a lamp in the darkness and be in the heart and soul of the artist the power of surge of creation. And the one honest and unswerving obsession though you were gone from me in anger. Gone. My world and the which you had brought light and warmth was dark and desolate again. You were gone and with you had gone something of myself. And I knew then that unless I found you, I'd never paint again. It was the end as though quiet death. Go on, David, quickly. The memories that are left. They're so little time. And you must leave tonight. You must go and take that bus. Remember. David, remember. After all those futile months of parting. Vienna. Finally learned you had gone there.  And then suddenly there you were. More fragile and more beautiful than ever. On a bench in the Hofburg garden. Just as though we'd had a rendezvous. And when I saw you looking up at me with wonder and happiness in your eyes, I knew, I knew that all of what men call time had passed before to make that single moment just for us. And you took a piece of paper from your pocket and gave it to me. It was a poem that you'd written the night before. There's beauty in the very thought of you, my dear. The music and the echo of your laughter. My life is more than life when you're near. And when you leave, my universe goes after. David, you asked her, David, faster. The other memories that are left are waiting in that little church in your hometown. The ceremony in French that I could only have, understand. Our honeymoon, in Paris at last. And that impossibly tiny studio that you call the Martin Palace. A new painting. Painting with all of the genius that was in you. And always with you is my inspiration. And yet it seemed fortunate, forgottenness. Still, all I had to offer you was hardship and a poverty that seemed to grow worse each passing day. But you never mentioned it, never complained. And then at last, at long, long last, that day I had been waiting for, praying for. And that evening in the studio as I arrived. Even the mall. Very much, nothing at all really. Just champagne and caviar and fat chicken and oranges as big as cabbages and strawberries out of season. Oh, but you shouldn't. My budget. Oh, I'm a little bored with your budget. Please burn it the next time we have a fire. What is it? What's happened?  I can tell by your eyes. Nothing at all important has happened. The little check, that's all. What's a check? More or less, in the life of a successful artist. Let me see it, please. Well, if you must, have it here somewhere. Oh, here. 12,000 francs. Is that what it says? How? Where? Well, there was a certain collector who thought 12,000 francs a fair price. For what? For the painting which won the Grand Prix at the National Institute today. The Grand Prix? You... You're not joking with me. Does that check look like a joke? Oh... Oh, David. I have one. Surely that's not a cause for tears. I admit it's a bit of a shock to have more than 50 francs in this house at one time. I can help it. I'm so happy for you. What canvas was it? The seascape, of course. You have done no better. You and I. You and I? Then I haven't seen, did you? I have really helped somehow. Helped? My darling, don't you know the truth? You are the creator in the studio. And I am merely the instrument of expression. The work I had done before that David met in Naples? What was it? Meaningless splashes of collar upon a canvas. Oh, Mary, you and you alone have given me the key to whatever greatness I may possess. This canvas, this price, it is not the end, it is but the beginning. Oh, I'm sure of that. I have a great purpose now, my darling. One that nothing shall stop me from achieving. This nameless wonder that's between us two. This love that is more than love must live on, on beyond us both, in color and in line and in form. Other men must know and feel and be warned by it long after both of us are gone. And I promise you, it shall be so. Nothing under heaven shall prevent it. Nothing under heaven. It was your promise, David. That was your promise. Now quickly, the last of our memories. It's so near the end. The voyage home. Sailing on the yield of all. Yes, the voyage. I was so sure our real future lay in America. In your homeland. And I was so confident of great achievement. We were coming here to our glorious future. To our glorious future. Indeed, to Mrs. Faulkner's rooming house off 2nd Avenue. To the dead end of dreams and the sudden death of genius. Stop it, David. That's all. It's ended. The curtain's down. And our parade of memories is over. It must be. That was the final time we'll call them up. Now you're going. How can I go? Each word that we have said, each fragment of a memory, only holds me here more sharply. No, it's a fragment of memory that must release you. Your promise to me in Paris. The day of the Grand Prix. Say it again. Now. Let that be our parting. This nameless wonder that is between us two. This love that is more than love must live on. Beyond us both. In color and in line and in form. Other men must know and feel and be warned by it. Long after both of us are gone. And I promise you it shall be so. That promise must be fulfilled, David. And it will be if you go now. I know that. Please, please, my darling. But how can I? You must. It will mean that I too am freed. You're sure? Yes, David. Then I shall go. What are you going to do? I have to pack. I couldn't leave without. You'll leave with nothing, David. You'll just break clean.  Take nothing? Nothing. When you're mine again. Goodbye. Goodbye, Mary. Mrs. Riggs, I never believe in talking about anyone. Because of what you do, why you're so cold. Martin, I... Forgive me if I was a drop before, but there were reasons. You may have ranked the room so that couple after all. Yeah, but I... I'm leaving now, tonight. Tonight? You're going to get a new job? Yes. A tremendously important new job. Good night, Mrs. Faulkner. Yeah, but Mr. Martin, wait, you... Well, what do you know about that? It's gone without a bit of baggage. And no telling what condition the rooms are in. Come on, let you and me see, Mrs. Riggs. Good mistake. Hey, did you notice his eyes, Mrs. Faulkner? Like there was fires burning in him. Yeah. Imagine walking out and leaving everything as... Uh-oh. What? Even left that. What is it? Picture of his wife. Only picture he had left of all that he come here with. Hmm. He wouldn't sell it. I even come in here one day and found him talking to it. Talking to a picture, mind you. They... Don't you mean his wife is... Well, good Lord, didn't I tell you? David Martin's wife died in pneumonia more than six months ago. He stayed on alone here ever since. The words of Mary that ring in David's ears like the soft chimes of a syringe. The words of Mary that ring in David's ears like the soft chimes of a silver carry-on. The words of Mary that ring in David's ears This love that is more than love must live on beyond us both in color and line and form. In color and line and form. Other men must know and feel and be warmed by it long after both of us are gone. Other men must know and feel and be warmed by it long after both of us are gone. These words are the incentive, the purpose, the driving force of all creation which no true artist may escape were always in the mind of the creator color, line, and form must become the supreme and magnificent obsession. You have been listening to obsession.


Just myself, my name is Eva Pardo Keegan. I'm the peer advisor for computer science engineering and I'm a junior computer science engineer right now and today we're joined by MDST. Do you guys want to introduce yourself? Maybe you're a major and then your role in MDST? Yeah, for sure. So I'm Josh, I'm a senior in computer science. I've been with MDST since I want to say winter 2021 and I'm president club. I'm Lucy. I'm majoring in CS and BCN and I think this is my fourth semester with MDST and I am the external VP. Okay, awesome. And then just to get started, could you talk briefly about, I guess, like a general introduction of what is MDST for people who might not have heard it, heard of it, what it stands for? And then maybe if you can go into, you know, the types of majors and the people in the organization. Yeah, so MDST is sort of from Michigan data science team. We are the biggest and we like to think best applied data science and machine learning club on campus. We have over 200 active members working together on a range of projects every semester and we, our goals are mainly to sort of educate about the applications of data science and ML. Give people sort of the tools to start a career in the field and also provide opportunities for members, professional, academic and career development through talks and corporate sponsorships and things like that. Great. You mentioned that, you know, you host events with different types of events. Are they usually more social or professional or like a mix of them? Can you talk about maybe some different types of events that you host? Yeah, Lucy, you want to take us? Yeah. So we have our weekly meeting sessions, which are our three hour blogs where we actually work on projects and it's a chance for our members to improve their technical skills. But we also do have a variety of social, professional and outreach events. So these are Thursday meetings where we do social such as like trivia or jeopardy. And then we also have professional and networking events where we invite companies in and they can give tech talks and talk about the latest AI or data science projects that they're developing and it gives our members a chance to get a glimpse of what industry looks like with data science. Cool. Are there specific dates that events are hosted on or they just like hosted on different, I guess, like throughout the month. So, generally, we try to have them in line with our kind of Thursday meeting schedule, but it's at the end of the day up to whoever's actually giving the presentations for us. But yeah, just kind of add on to Lucy's point there. I just want to highlight a couple of like it kind of more noteworthy talks we've had. So like last semester, we had a like the head of the AI department at Bloomberg come give a talk about sort of the infrastructure at that company and sort of like again, what machine learning and data science looks like at Bloomberg. This Thursday actually we have a researcher from OpenAI coming to talk about sort of his work on reinforcement learning and things like that and how they developed chat GPT. That's really cool. There's a lot of great opportunities and that's awesome. And then can you talk a little bit about the time commitment if the members have to attend every single event or, you know, if it's just a couple events or what the time commitment is, I guess. Yeah, so we have three hour work sessions on Sunday and those are mandatory in order for members to keep up with the projects. But we do allow for one absence, I think. And then in terms of Thursday meetings, which are social and like networking events. Those are optional, but they again are great opportunities for members to get to know each other and get to see what our sponsors are doing. And then with that too, could I ask how has it been for both of you managing that with your own classes, you know, being on projects and stuff. How have you found it to be? Yeah, so I personally found it really not to interfere that much with my schedule.  We also offer opportunities for people to move up to be project leads and that also tends to be similar like a similar time commitment and people seem to not have issues scheduling alongside their schoolwork. Yeah, I've also found the 3 hours do not be too bad. And also, like, you meet a lot of people in your classes at MDST and so you can take time to like talk about the homework or projects you're doing. We also do provide food or a lot of meetings. So it's kind of a win-win essentially the time you're taking for lunch. That's awesome. And then can you talk a little bit about the different projects that you have? And then we'll go into the process to join them. But I think in overview, the projects would be cool. Yeah, for sure. So every semester we split up into about 10 to 15 different projects given that we have 200 plus members. We tend to get to split up into a lot of groups for that. And we try to kind of balance them between sort of more beginner projects to get people who are more interested in joining the field and sort of stepping into the club, you know, seeing what data science machine learning is like. Maybe freshman who have an LLF coding background. And then we also have some more advanced projects. So, for instance, this semester we're doing one where we're sort of rebuilding Dali, which if you're familiar, it's one of the sort of image generation AIs that have been making a lot of waves recently. And we're also trying to branch out into slightly different sort of aspects of machine learning and data science. So, in addition to these projects that involve these kind of complex models like Dali, we also have a project on web scraping, which is important part of data science. And we also have a project on like ML engineering, which is a very like an emerging field that's like growing really fast. And we have a project that involves sort of building and hosting a chat bot in an ML engineering kind of frame of reference. And we also have this year for the first time, we're doing sponsored project where we work with partners from industry to sort of put together a project that is impactful both for us and for our partners. That's great. You briefly mentioned this to a little bit, but what type of experience do people need to have, you know, to join the projects? Does it depend on the project or can anyone join? Yeah, we, so in terms of joining our club, we are open to everybody in order to join. All you really need to do is complete a checkpoint, which is just a very brief like evaluation of like Python, NumPy, Pandas. But we do offer a lot of assistance and like office hours and tutorials. If you're not so experienced with those. And then in terms of joining our projects, we do have like each member ranks their preference for projects and we do our best to try to match them to the project that they want and also like fits their level of expertise at the time. Perfect. Thank you. And then before you had mentioned, you have different companies that come and talk, you had Bloomberg and come and talk, which is awesome. What type of professional opportunities would you say members gain at these events and stuff? So it varies event to event. So sometimes it's mainly a way for the company to come advertise itself and come talk to like a group of motivated people looking to join the field. But a lot of times we also people get like specific application links and that help you through the application process give you a bit of a leg up. It's also, of course, always useful to be able to mention a recruiter's name when you're applying. So even just showing up to these presentations is useful for people professional development like that. But we also have certain talks that are more directly impactful. So for instance, right before spring break, we had a talk by a guy called Nick Singh, who wrote, we literally wrote the book on data science interviews. And so he sort of really course of the meetings or talked us through like the way the best ways to sort of prepare for an interview and best ways to show your chances of scoring at your job that you want. It sounds like really great networking experience too. That's really cool. And then you also mentioned earlier of talking a little bit about team leads, project team leads. Could you talk about some leadership opportunities and like kind of how those happen? Yes. So we're, we're a pretty big club. So we do have a lot of projects and then a lot of project leads. And we are always looking for more project leads. You don't have to be like super experienced in ML or data science to be a project lead. It's also a really great learning opportunity. But besides project leads, we also have like our committees. So we have like social committee or finance committee project committee. And so these students all work on developing the tutorials in order to join the club as well as developing projects and like social opportunities, things like that. So we do have quite a lot of opportunities and we are always looking for people to take on these roles. We also have a fairly large eboard. We have sick numbers, I think, kind of covering a really diverse array of responsibilities. And so, yeah, and of course, as Lucy said, we have a really kind of wide base for leadership with the, with the number of project leads that we have. So there's a lot of opportunities to get involved and a lot of opportunities to move up to the structure if you're interested. And then switching gears here. I also wanted to ask about any fundraising events that you might have in coming up and then if you could talk a little bit about them.  And with that, since we don't have dues because we try to sort of lower the barriers to entry to the field. We have a lot of costs and we need to find ways to cover them. And so this year we are participating in giving Blue Day, which is next Wednesday. And yeah, essentially if you're interested in sort of contributing to the club and sort of helping support us in what we do, we, yeah, we appreciate any gifts that people will be willing to send over to us. Our giving page is at tiny URL dot com slash M D S T dash blue day. So check that out if you're interested in giving. Yeah, again, we appreciate it. Perfect. Well, make sure to the link, giving the day in our link tree as well so people can find you more easily there too. That's great. And then we talked a little bit about joining the teams. But is there a specific way to people, if you talk a little bit more about that, and maybe how competitive it is to join teams. Yeah, so we don't have like, it's not really competitive more so we just have a lot of people so sometimes people don't always get their number one choice. But we do try our best to give everybody the project that they're most interested in. And again, we don't, we try to lower the barriers of barriers of entry. So anybody who really wants to join the club should be able to and they should be able to get onto a project that they have interest in. Cool. And just to like add some specific dates and stuff to that we accept new members at the start of each semester. So if you're interested in joining, check on our website M D S T dot club. Around the start of the coming fall semester and you'll see the opportunity sort of to get involved there. And then you mentioned that you have an event coming up this Thursday. I believe you said, are there any other events that you maybe want to mention that are coming up as well that people can attend. Well, we do try to do talks as often as we can on Thursdays. This is the one that we have coming up now. I believe we have one in two weeks by a former and the president who's now gone on to start a number of startups successfully in Silicon Valley. I believe he's coming again to Thursdays from this coming Thursday. So, yeah, again, more information probably on our website. Cool. And then just to wrap up my last question. I just want to ask both of you, what your favorite thing or your favorite memory has been from M D S T. Yeah, I would say my favorite thing is just getting to meet a lot of people that share your same interests. It's a great way to like learn from other people, but also find friends and like your classes and people to work with. Yeah, I definitely have to agree with Lucy. I also think one thing I really enjoyed was being a project lead a year and a half ago or so. So it really sort of accelerated my understanding of the topic that I was working on and really made me more confident. That's what I, some of that want to do my career. That's awesome. Well, thank you so much for joining us today. That was a great overview of M D S T. And we'll make sure to link the giving blue day and our link tree and then we'll also put the link to your website so people can find. But thank you so much for joining us and have a good rest of your day. Thank you. Thanks for having us.


OK. So welcome, everyone, to this exciting panel discussion on blockchain in energy sector. I'm Satoshi Chaudhary, the director of emerging technology for paramount software solutions. And today I have with me some interesting people who are going to share their insights on how blockchain is impacting the power sector and the whole world of energy. And I'll request the panelists to give a snapshot of their profile starting from Joss. Yeah, so good morning, good evening. My name is Joss Lerling. I'm a distinguished architect certified by the open group working in the Global Competitor Center for Energy, Environment, and Utilities at IBM. And I'm the global CTO for blockchain solutions in the industry sector. So and that's basically the track record. Later on I will share some of the projects that I've done. So almost 20 of which I think a dozen I can share how we move forward. And I think we also will address a little bit a very interesting success story that we have implemented using Hyperledge Fabric. Thanks, Joss. That was really exciting and a request to Veronica. So good morning to everyone or good evening, whatever you are. It's a pleasure to be here. My name is Veronica Garcia. I'm the CEO and founder of Bitlumens, where we work with IoT and mainly smart metering devices that we have actually designed and manufactured. And we connected to blockchain technology for two different use cases. One of them is for carbon tokenization and the other one is for to give the end user mainly the person that it's consuming electricity with a financial track record. So we basically work with renewable power plants in rural communities. And we bring our meters in there and deploy them and connect them to the blockchain. So that's what we are doing. Thanks, Veronica. Ravi, Ravi, I guess you are muted. OK, we can go to Preeti. Yeah. Hello, everyone. I'm very happy to be here. And this is Preeti Kumari working as a blockchain researcher and architect at Paramount Software Solutions. And at Paramount Software Solutions, we are working on a few blockchain energy sector projects, some of them including peer-to-peer energy trading platform, then carbon consumption trading tracking. And apart from these, I am on the course of completion of my PhD. And I'm very excited about cutting edge technologies, whether it is AI, ML, big data, IoT, or quantum computing. And I'm really looking forward how these technologies are going to fit with blockchain. Yeah, that's all. Thanks, Preeti. And Ravi, can you unmute yourself? Or I guess we will move ahead. OK, so I guess we can move to like today we are talking about blockchain in the energy sector. So what's so special about blockchain and how does it relate with the energy sector? I would like, Joss, to share your thoughts first. And I'll request the other panelists to follow it. Yeah, so thank you. So I think that the image that's on the screen now since the start is my way of visualizing what's happening in the energy sector. So you see in more and more regions that the regulation is going on, creating unbundled markets. So the traditionally vertically integrated are being all different kind of companies. And the last, I think, five years, the energy transition is very high on the agenda, driven by the renewable generation, which is more distributed, new way of collaboration like virtual power plants, new micro grid solutions. And it gives a new dynamic in our ecosystem. And it basically asks for multi-stakeholder collaborations, which are with very complex problems. And I think the fit with the blockchain pattern is very, very evidently as it addresses those collaborations in ecosystems with which you can build intelligent workflows, connecting all the different players that are needing to collaborate in order to get the optimum customer experience that we all want to have. Combined with the reliability that we are used to, especially in Europe and other parts in the world, for a very reliable electricity supply, as we are becoming more and more dependent on electricity for our day-to-day lives. I would like to jump in there to describe a few of these very interesting use cases digging into the points that Josh just mentioned. For instance, the National Energy Commission in Chile deployed in, I believe, was in 2018 a platform where they would enter their data on Ethereum blockchain. And they did this because they wanted to trace data and share it across different stakeholders in the power sector. In particular, they were interested on security, how they can provide better security and transparency of this data and try to be mindful of hacking attacks and for that they were using the public blockchain. The other aspects that I think are quite interesting are the digitalization of the energy sector. And there, as Josh said, there are many players that are actually having very specific actions in this sector, like, for instance, when it comes to IoT, smart metering devices, the transmission system operator, the EV vehicles that are coming into play, and then how you can actually provide better solutions for decentralized energy systems where each household can be a node that fits the grid. And for that, there is a very interesting project here in Switzerland where there is the TSO is when, of course, the balance of supply and demand of these particular aggregators, meaning the households that have batteries at home and whenever you have your battery charged and you want to fit the grid, you can do that, creating contracts that are in the blockchain. So I do believe that these use cases are going to be quite interesting to see, to analyze, and also to find collaborations across different countries. Well, I appreciate those insights and Preeti, what do you think about that? Preeti, I guess your screen is raised. Can you hear us, Preeti? OK, so maybe we can move to the next part of our discussion, and that is about successful case studies. So Veronica, you shared some insights, and Preeti, I mean, Josh has shared some of the insights. I want to know, according to you, what are the successful case studies that you have encountered so far based on your implementation of different blockchain projects in the energy sector? So, Josh, I would like you to take a lead. You mentioned about 20 projects, so I want you to start, and maybe Veronica can take it from there. OK, yes, sure. Yes, so my experience is that most utilities want to have the innovative solutions that will bring them to the front page of all international newspapers. But those use cases are very, very hard to find. And it's very unlikely that those use cases will be successful, giving that general corporations in the energy industry are quite risk-reversed. So that is quite a challenge on itself. The second part of use cases are those use cases that will improve current running processes. And there, there is a very hard business case to make to implement new technology. So what the most successful projects are, in my experience, is those use cases that augment the current operations or open up new markets or those kinds of operations. And I can show a list here of my personal project dashboard. So you see that we have a six-phase approach to identify what the different use case is in regard to adoption. So identification and technical feasibilities, building a demonstrator, building a minimal viable product to go into the market, and then scale until the minimal viable ecosystem where all the financial accelerators start to kick in and everyone is making benefit, and then go to market scale. So, and here's a list of use cases. So where you see, I think, three major projects. So the first one is grid balancing. I will talk about it a little bit later on. But that's a new innovative way of solving some of the issues with renewable energy. So the third one is supply selection at public charging polls, which is on the back of a new EU regulation that demands multiple suppliers to be concurrently delivering energy at your doorstep. So that's a quite new requirement that all the utilities need to implement. So and the other highlight, the one to highlight, is building energy management. That's a flex platform that we have built for the city of Copenhagen. And that's now being destined to go to market scale as well. So and here I think I'll stop a little bit and ask for Veronica to chime in before I dive into the first project in a little bit more detail if that's OK. Yeah, thank you, Josh. I think it's, as I mentioned before, it's extremely important to view these use cases and understand also some of the regulatory constraints and the constraints in the technology itself, right, that before we bring this to market. So I'll talk about these challenges a little bit later too, but I think it's very, very important to understand them and to really be successful in a project. So to us, one of the very important use cases that we have seen is how we can actually tokenize carbon. And for that, Hyperledger has an amazing group. It's open source that they are working very, very hard since, I think, years now on this. And what they basically do is they run the calculation of, let's say, a carbon offset or a renewable energy certificate on chain. So we are doing pretty much the same. We are running it on Hyperledger Fabric 2.2. And then later on, we can tokenize using layer two type of a theorem, you know, like this guy. And then, of course, this has to be somehow certified and brought into the marketplace. For that, we are taking a slightly different approach where we try to certify it after the calculation takes place. And this will, of course, we will be able to really understand what are the emissions on different entities in the power sector. And then this will open the door to additional use cases, mainly on the financial side of things, where, for instance, could have an issue above on chain, which usually is cheaper, according to HSBC, at least. And then later on, you can have the coupon paid on these carbon credits, which could be quite interesting since the carbon market is or the price of carbon is increasing. And that's at least what we are betting in the future. So these are some of the additional use cases that I see that, at least in the European Union, they are being deployed with a lot of potential to additional use cases, in particular, in the sovereign debt market, where you can bring additional liquidity to these type of financial instruments to really reduce carbon emissions over time. I would like to add a few use cases to what Varanika already mentioned over there. So as she already mentioned about the financial transactions, so blockchain can provide instant payment settlement. So usually, now what happens, it takes around 60 to 80 days for the compensation of whoever is selling the energy over there. And for small businesses, it is very important if they get instant payment settlement over there. And we can do it using smart contracts very well. Apart from this, if we consider about security, then auditing, then since all the data or transactions are recorded on blockchain and chronological order, so whoever goes for the auditing, it is very instant for them. And they can do it very easily, the auditing purpose, that is not going to take a long time as it is taking as of now. So these are some important use cases I can take. Thanks, Priti. I appreciate that. And interesting insights, you guys are actually merging the different verticals, the power sector, and then you are bringing the financial sector and you are trying to build and create some kind of resilience in this. That's really nice insights. And Joss, you have actually demonstrated out of the many different projects, there were three different projects which were maybe in large scalability. You are looking for some degree of large scale implementation. So if you may share a little bit of insights on those projects that looks to scale or that are in wide scale implementation. And I want to share a little different perspective and some detail on all the projects. So all the projects that listed here are run on Hyperlegia Fabric. And there is no cryptocurrency involved in either of them. So what we implement and do is to make a separate layer of building those multi-party workflows possible and do not combine it with the cryptocurrency and financial transactions. So one of the reasons to do it is the energy industry is regulated as we all know. So it's quite elegant to use a permissioned blockchain like Fabric. And it has huge benefits to the sector. And especially in the first one where we are almost building and running a real-time operation. So the finality of the transactions is below two seconds. And that's a very crucial capability of Fabric that we leverage that makes that use case available and fly. And for instance, the third one is a spin-off of an disaggregate billing case that we have implemented. And on the disaggregate billing, the case is that if you can split the kilowatt hour that is consumed by different devices and can allocate it to the correct account, you can then accommodate different contracts and different pricing schemes for the different usage of the electricity to make it very concrete. So if you own a company, if you drive a company-owned car and you charge it at home, then you charge it on your retail contract. And the retail contract usually have different price points than wholesale contracts for companies B to B. So with this disaggregate billing solution, you can then allocate the kilowatt hours consumed by your vehicle to the corporate account and subtract it from the total amount recorded by your smart meter. So you only pay for in your retail contract the actual use of your home. And that's of interest of a fleet owner because they can then purchase the energy cheaper than they will do in the current situations where they compensate you financially. So the corporation is paying retail prices for a wholesale energy consumption. So now we are implementing it at 2,000 public charging stations in the Netherlands, where you can select your own supplier when you show up at the public charging station. And the same mechanisms apply. And also new retailers that are stepping into this new capability find themselves in a different market that they don't sell energy to fixed home connections. But they can sell you energy when you're on the go on charging stations that support this capability. So they see new offerings and new revenue streams coming in. So and then is it that time to go deep dive on the master project? I think we can go into that absolutely. These are really fascinating facts. And we have got Ravi back with us right now. And I think we can hear him now. It looks again. Thanks again, Ravi. Thank you. I hope you guys hear me now. I could hear you as everybody knows. Thank you. Yeah. OK. So what I would like to know further is you have mentioned about that hyperledger fabric fits very well with a regulated environment. When we go to implement a project in, let's say, for any public sector utility companies which are highly regulated or any kind of environment which is regulated, can you share more insights? What are those traits of hyperledger fabric that are actually favorable for any kind of utilities to think about or give priority while taking the decision on a blockchain? Oh, yeah. So I think that there are a number of arguments that are resonating in the sector. So one, if you run the hyperledger fabric, which is a permissioned blockchain, then you can have very lightweight consensus algorithms. And that means that your CPU footprint, your energy footprint to running the blockchain is very, very low. So we run these blockchains in a handful of Intel servers. So you can run it on cloud. You can run it on premise. You can run it, whatever the case may be. And we also have implemented hybrid multi-cloud solution. So one entity runs it on Azure. The other entity runs it on IBM cloud. The other entity runs it on premise. And it builds a total blockchain for that use case. So giving the very low energy footprint is a must. The second one is that the lightweight consensus algorithms allows you to have very fast finality of transactions. And third and not least is that if there are no cryptocurrencies used to compensate the miners or actors in the network, because it's not necessary because the infrastructures are lightweight, your transaction costs are not influenced by trading of cryptocurrencies. So your business case runs on a very predictable transaction cost. So that's the third reason why I think the fabric one is a very elegant one to use in this industry. Thanks, Dr. Kaurav. We have a few more points over here. So with Fabric, now we get an option of using Fabric private chain code. That is not production ready yet. But we can run smart content inside Intel as GXN Clip. And that makes it a very secure environment. And even if you want to go for any bidding, then we can also use this confidentiality framework, Fabric private chain code, because whatever the data will be provided in the system, that won't be visible to anyone, not even the OXNIR or not even the NAA administrator and all. And apart from this, as Josh already mentioned, like the PPS transaction costs again, so Fabric has a higher PPS than any other existing frameworks. Thanks, Preeti. I'll get back to you on the question on the security of blockchain. But I would like to hear from Veronica her thoughts. And then we will move on to the next segment. So Veronica, over to you. Yeah, so we started in 2018 using Ethereum, actually, Ethereum public blockchain. And what we understood, we were using it to pay for the electricity bills basically of solar home systems. And what we understand fairly quickly was that even though we didn't need the transaction to be immediate, the gas that you needed was still fairly high. And therefore, the financial cost was just high. So therefore, I completely agree with Josh and Preeti. We run that use case, and we decided to move to a hyperledger fabric, which is extremely easy to use, plug and play. And then it's cheap when it comes to the operational side of things. And on top of that, you can also using different hyperledger platforms, you can also run smart contracts and have, I think it's called FPC chain code, where you can wrap these smart contracts in a way that you have an enclave. So you don't need to share information. You just understand that that information and that data is there, so it's really private. And different actors can actually work together in such platform without knowing, let's say, very particular details on a patent, for instance. So I think all these different features are fantastic. So I need one more point to it. So though there is not a particular cryptocurrency in the system, but hyperledger fabric supports Pungible as well as non-Pungible tokens in terms of ERC-20 and ERC-721. So we get a very good tokenization system over here. Yeah, hyperledger brings a very versatile and collaborative platform all together. And it has, it covers all the segment of registry bidding and then clearance. So maybe you can take it in the other level, right? In the bank level or in the next offline as well. But hyperledger gives you end to end. I have a follow-up question now, Preeti. You raised a very interesting point on the security. So do you think blockchain can offer or add any layer of security to the existing power sector? Because quite often we hear that there are some issues or challenges with cybersecurity hacks or potential hacking activities that might impact the greed, the overall greed or the operation of the power sector as a whole. So any thoughts on that? Definitely, I think so. Because blockchain is secured by design. So how it is secured? It is immutable, a hash of one block is getting added to another block. And if anybody tries to change, make changes to any of the blocks, it is gonna reflect on the whole blockchain. And apart from that, it is distributed in nature. So there won't be a single computer who will be making change in the blockchain. Whatever goes on the blockchain, that needs the consensus among all the organizations or participants. And apart from that, everybody needs to have an identity to sign any, digitally sign any transaction over there or to perform any process or to call any chain code function over there to execute any transaction over there. And if I talk about in the energy sector, so for smart grids, they smart grid relies mainly upon automation and remote access. So in that case, authorization and authentication becomes a prominent issue for them. And if we put smart grids, just a use case on the blockchain, we can solve this problem of authorization or authentication both altogether. Because whoever will be doing any transaction over there, first the blockchain will check whether they have a perfect identity with them or not. They have whether they have got that identity from a certified authority or not. And then we can use access control mechanism using smart contract. So whatever the functions they are trying to control because whatever the data goes on the blockchain that goes only through the smart contract function. So we can put access control with the smart contract and we can check like whether the person who is trying to perform this action, whether they are authorized to do that or not. And since if we go for a permission blockchain network, since all the participants are known to each other. So if anybody tries to perform any malfunction over there, it is easily trackable. And they are trying to, they are under the impression that okay, persons know me here. So I don't want to create any bad impression of them. I want to continue business with them. So I have to perform this legal set of actions or these processes that our business can run. So I think blockchain will put a pressure and the everything in place such that security process the practices can also go. Okay. Those are excellent insights. Now I would like maybe Josh to take a lead. Privacy and security go hand in hand. So pretty address the immutability, the distributed nature about, I guess certificate authorities and other things from a privacy standpoint, because if we talk about businesses like regulated entities, many of the data points need to be private. How does hyper ledger or blockchain as a whole can facilitate and support the ecosystem in the regard with regards to privacy? Yeah. So there are a number of solution patterns that are available, right? So creating channels will guarantee the first layer of defense for commercial privacy. So that your transactions are not shown to other parties in the ecosystem. So it's not only that what Piri was discussing that you want to understand and hide the details of the transaction but even transaction volumes between. Yeah, go ahead. I don't think I was hearing anything. Josh, are you there? Yeah, I'm here. We can hear you Veronica. No, no, no, but I don't hear Josh. Sorry. We can hear Josh. Yeah, I can hear you Josh. Okay. Yeah, so I, go ahead, Josh. I will continue, right? So it's not only that you want to protect the transaction details between parties because that's confidential, but only even the volume of transactions and the time of day when those transactions occur gives insight into your competitive environment. So I think that's a very elegant solution to use channels to shield that aspect as well. So there are quite a number of layers that are available. So last but not least, we recently acquired the patent for zero knowledge proof so that you even prevent the data from entering the blockchain but using zero knowledge proof gives the recipient the trust that the actual delivery in the real environment is still trustworthy, yeah? And that's the lead into my other use case if I can. In addition to what Josh just said, I would like to just mention one private data collection over there. So with channels, we get a set of private nodes and inside that channel, we can implement private data collection. So the parties who are interacting or who are interested, does that a price? Only price we want to hide from other organizations or other participants, right? So we can keep price between two organizations itself and we can store that price in a private database and a hash of that price will go on the blockchain and later on, if we want to check that price, whether that has been altered or not, we can check that because a corresponding hash is stored on the blockchain. So we can make sure that the data stored in the private database has not been changed as well as it is not visible to any other parties as well. And one more point is that fabric private code that we already discussed. I appreciate the wonderful inputs just to make sure we are 33 minutes now and I'll encourage anybody, if you have any questions, please feel free to shoot your questions in the chat so that we can respond to those. And now we wish to go to the next segment of our discussion and that is covering the challenges. I'll request Ravi a question for you. What is holding back blockchain from a global adoption? We hear about blockchain from the year 2009. We hear about the peer-to-peer energy trading maybe from 2016. And now we have many POCs and pilots, but when it comes to real production, great deployment, which is a large scale implementation, I think we are still lagging behind. So Ravi, I would like you to take the lead here and then I'll encourage Veronica and Joss and Piti to share their thoughts on it. So over to you Ravi. Yeah, thank you. I hope you guys hear me now, right? So what I could see predominantly, right? It's a market maturity standpoint because blockchain-based any offering is a team play. You need to have an ecosystem coming in. There are two kinds of an ecosystem. Your peer play, for example, if you go for demand response or demand response management system or DER coming into play, you have a whole set of distributed energy coming into play where you have to bring in those into connected in three layers. One is device level connection, then you have a managing those set of device and connected to registries and bit management system or trading system, then finally settlement, right? So I could see there are IOTs and related stuff is bit matured, but the DERMs or other related stuff is getting matured. That is one, because they are coming up in that space. And the same time, the adoption towards the ecosystem plays, the private plays, aggregators, or overall, that are all getting formed or still in the very nascent stage, right? And this has to form as an ecosystem or a consortium to jointly see, and there is a core thing is coming is ICT that, ICT plays like communication providers, right? They have a core play in it and they are ready to start that play because I could see a technonic shift from cloud and ICT plays may take over over a period of time as a smart energy system, as a service providers, later in, because it will give a lot of low cost offerings or market barrier entries and all that. So this is my point of view. It's all very interested and the POC pilots taken care only on blockchain centric. It's a combination of DRM and that has to happen, larger piece and it has to move along with ICT plays also. That is a later line, later I could see and beyond that has to bring in other consortium players, players, sellers, buyers and consumers. So I think there's quite a bit of a job to be done in that space. It's my view. Yeah, I completely agree with Ravi in that respect and I will add an additional point to that that I mentioned at the very beginning, that digitalization of the energy sector in different countries is completely different, right? And this is extremely important to mention because for instance, how do you do peer-to-peer trading if you don't have a smart meter in place, right? So then you first need to have the infrastructure available. You need to have the regulation available to implement this type of use cases. And therefore we are very, very interested to really deploy the technology we have in India because we have seen that the level of digitalization in the Indian market is wonderful, right? You guys have at heart since ages now, you have the UPI. So it's really, I think it's right. And I do believe that one thing that it's missing that I have not seen it's a, let's call it a global sandbox to really adopt this kind of use cases mainly for research purposes and really to understand what are the frictions in the system, right? So I think regulation is really key and just to give you an idea, the regulation we have to comply with when it comes to the smart meter itself, it's huge, right? You need certain certifications. I don't know what was that. Some kind of network glitches. Yeah, go ahead. Yeah, so then the second piece that I want to mention is that if you move from the IoT and the smart meter and devices into communication protocols, in India, for instance, we have seen that each state has a different communication or regulatory communication. So I think it's really important to have regulatory constraints for communications that need to comply with, for instance, Lora technology or with radio frequency or whatever it is. And if you cannot send data to the cloud or to the chain, then the use case is simply not there. And the last part is really regulation on the blockchain use cases that exist and interoperability of blockchains. And for that, we are very interested to see the work that Hyperledger has done on Cactus platform. Thanks, Veronica. I would encourage Josh to take a lead now. That will be on consensus building. Like Ravi mentioned, there are diverse levels of progress when it comes to the maturity of the different tax tax. Veronica mentioned there are different regulations in different countries. So when it comes to building a consensus among the different stakeholders, what could be the potential strategy or approach that we can think about which might help in the promotion of blockchain overall or adoption of blockchain in the power sector? Yeah, so thank you. So and to chime in a little bit on what the other parties and Veronica already mentioned, I think that one of the crucial aspect is also the governance that we need to learn as an industry how to collaborate together. Because one of the, and I'll just show one screen. Just a second. So this is my Lighthouse project, right? So what's shown here is that once you want to collaborate between startups and the regulated corporations, then the decision-making in those companies are quite different. And also the speed of decision-making. So in order to make that work, not only the regulation needs to be in shape. So in this use case, for instance, we are on the harmonized European regulation in North America, and regulation is coming up in with FERC 2222, which is opening up the market for the same kind of use case. But the collaboration between the different entities is quite an aspect that we learned in this project, and which went live in 2006, 17, and we built a blockchain solution for each country, and we replicated for each country in Europe in order to be resilient to outages in a single instance. So because it's novel technology, there are quite a number of upgrades and new versions. We don't want to have a full blackout in Europe based on an hyperlegic fabric issue. So that's why we have a very distributed approach. So N2 Veronica's point, connecting those blockchains is quite a novel area that needs to be tested out in the market. So if you have a single platform, then it's probably a little bit easier to do. And one of the projects that I'm currently working on, and it's being submitted in open source on hyperlegia as well, is a new tokenization layer on top of fabric. So that means that we can build now a token-based solutions which has the promise, if you use the token taxonomy framework, that you then can share the token definitions and have different implementations on different technology stacks, but being able to do atomic swaps between those different blockchains in order to preserve the value and support that use case and the workflow between all the entities. So and that's something that we are collaborating with with two tokens.org in the Netherlands and we are building an implementation for a large client in Japan as we speak. Okay, those are quite vast insights and appreciate all your combined collective inputs today. I would like to move to the next part, which is again a follow up to your points on tokens. Let's cover a little bit about tokens. We hear a lot about NFTs picking up the market traction. People are very much interested and curious to learn what it is all about. And again, how does token influence the overall power sector or the energy ecosystem? So maybe again, I'll request Josh to take the lead and then I'll encourage others to step in and share their thoughts. Yeah, so very briefly then. So when you talk about tokens in the energy sector, everyone has a resilience to tokenize the kilowatt hours. So but if you look at the energy transition issues, then financing the energy transition is quite a complicated task on itself. So currently I'm working on fractional ownership of solar farms. So when that means that we create a fintech product to accelerate the build out of new solar farms. So interesting aspect is that if you have a fractional ownership, so for instance a token representing a single solar panel, you can then hook the kilowatt hours and also the power for trading, also the certificates of origin that are applicable in certain markets as off takes of that single asset. So when that gives a new dynamic in the industry, I think, and how it all turns out, that's quite interesting to see. You can follow us on the two tokens website, but there are work streams on regulatory aspects, work streams on taxation aspects, work streams on the technology aspects, so the IoT integration, the metering, and also some aspects on the business case. So how do you model the business, how to create business models for all parties in the ecosystem? Exciting, any thoughts from anyone? So I think the fractional ownership that you mentioned is going to pick up a lot. May not be in all places, especially in the cities or where you have limited space, having a rooftop solar panel sometimes may not be visible, or in some of the locations, there are some interesting projects going on where people are looking just to replicate the model of cloud, going into some kind of a solar farms and you give the ownership, segregating need not be the whole, but dividing it into as much as someone can afford. So I think that's something we can look into. The next part of our discussion that I would like to target is on carbon offset. We talk a lot about climate change, global warming, COP26 happening in London this year, and many other events. So from a carbon offset registration, I request Veronica to share your thoughts and maybe others can jump in after you. Yeah, absolutely, absolutely. So I think that, you know, whenever it comes to carbon mitigation strategies and climate disclosure, blockchain technologies provide a fantastic advantage when it comes to the type of infrastructure that you can build, mainly for these climate disclosures and to really connect each entity with their own carbon footprint. And if you go a step ahead of that, you can also tokenize it, meaning just to give you an example, right now we have a smart meter. We understand what is the consumption and the generation in a certain community. Let's assume it's a rural community and they are connected to a solar plant, right? We get all this information. We run a calculation on the blockchain and hyperlider fabric 2.2, where we get a type of carbon offset or IREC depending on the type of generation and capacity the power plant has, right? And then later on, we will be able to tokenize that and sell it in the open market. Of course, MRB has to happen. Of course, certification has to happen, but I think it's a fantastic use case to really understand and pinpoint who has mitigated what over a certain period of time. And then later on, let's assume that a conglomerate of SMEs will get together and say we want to issue a bond on the blockchain. And let's say the coupon can be paid, as I mentioned before, either on fiat currency or it can be paid using this carbon credit. So these I think are really interesting use cases to move financing to the areas that are actually having an impact on the carbon footprint. Thanks, Veronica. And we have one question from Kartik. So some of the key issues that we have been discussing in the panel, why can we not just use existing conventional centralized IT application and architecture to address those and to drive efficiencies? Not able to see what the key point is that makes blockchain the best and potentially the only possible solution as opposed to existing IT systems. So what's the revolution? Ravi, you want to take a lead? Yeah, I take that. So see blockchain and emerging tech, right? Yeah, IoT blockchain. Having said that, they bring in three buckets, new market innovation and new business stream and revenue stream. That is the major goal, right? All of a sudden, everybody puts a rooftop and they have a production of solar energy, post-consumption, they are putting it to a grid. We understand everything in place. Like we have a smart grid, even though low voltage have a smart facility to push it into a grid, right? End of the day, this cannot be done in a centralized place. This has to be done through a distributed way within. Consumer to consumer or business to consumer or business to business to consumer. All this complex system, you have to mitigate, come up with a model, business model and provide entire value chain, economic value and then financial transaction. This can be done in a blockchain combination of asset, transaction and financials. That is one area and reoriented of the markets. Like some other area is re-oriented, like you remove dismantles right in between that, who are playing as a middle agent in this, can be removed, which cannot be done by other ledger systems or other centralized system as of today. And efficiency has always been given. Once you do this or reorient your process and functionalities and all that, it is taken care by the entire, both of the market reorientation and the new business innovation definitely takes care of this set of functions. So I see, when you want to get into a new market, a new approach or existing market reorientation blockchain as a federated system, ecosystem play, it supports it. And moreover, blockchain is for the enterprises, a new network-based ERP for ecosystem plays to come and work as an address a common goal or achieve a business scenario here. That's my point of view. So I get it. You are referring to the- One point, yes, I appreciate it. Go ahead. So decentralized environment is needed because for more competition in this market. So so far, it is centralized, there is, I would say, least competition in the market. We need more competition in energy sectors such that consumer can get better services and at affordable prices. That's why we need this center. And if it becomes decentralized, then to acquire trust in the network, we need to go with the blockchain. Otherwise, it will be very difficult. Okay, Joss, I think you are also willing to respond to this question. Yeah, so I would add one new one aspect. I think that is not very expressed so far.  And as we see for the transition in the ecosystem, so we need to have multi-stakeholder solutions. So when the blockchain gives you opportunity to see beyond your integration point with your supplier, the total supply chain or the total downstream. So that gives more trust for every party because you have more visibility on the data that's flowing between parties that you're not aware of. Okay, wonderful. Veronica, any thoughts from your end? I mean, to me, the important piece here is, whenever you have IoT in place and you can connect it, let's say to the chain and this could also be on edge, the level of security you're including in the system, it's something that it's very difficult to achieve with a centralized network. This is one. The second piece is traceability of data in our use case is extremely important, right? Because if you're working with the Royal Communities and you want to bring investors on those Royal Communities, how do I provide the transparency they need to know that this data is actually there and that it has not been modified or whatever, right? And these users in Royal Communities do pay for the electricity and their services. So I think the transparency not just for the investor but also for the end user is really key. Just to give you an example, the in Royal Communities, usually they would pay for their electricity on a weekly basis, but at the end of the payment period, let's say they have a solar installation at home, no one usually give these people with a certificate or with a receipt that they have actually paid for their loan, right? Because that's pretty much what it is. With this type of technology, you can actually facilitate that at the end of the payment period in an immediate basis, which is not something we have seen so far. So I do believe that immunotubility, verification, security of data, standardization is really key, at least in the energy sector. Thanks, Veronica. I guess we have a few more questions. We can take one more question now here. I would like to take, as companies are struggling to meet the ROI with business use cases for blockchain projects, do you think they will be invested in using DLT for SDG? I assume this refers to sustainable development goals. What are the advantages for early adopters? Yeah, so I can chime in a little bit. I would like to take that question. So when it comes to the ROI of businesses, right? Whenever you are transparency, you can also add the fact that if you have, for instance, IoT and you have a smart meter that can allow you to get data on a real-time basis and monitors the system on a real-time basis, you are for sure reducing your ONM costs, right? Because you're not sending an agent to check on each house who is consuming what. This is the first piece. And then if on top of that, you add blockchain technology to really standardize the data across different parties, I do think that increase of use cases will of course provide an increase in revenue in the future for all these companies. But it's a mix. It's not only blockchain to me, it's the mix of technologies that really provide a very stable use case to reduce costs and increase revenues. Adults. Yeah, so I think that successful blockchain projects have a clear positive business case for each party to collaborate. So if we are looking to sustainable development goals, you see that the ESG categories three emissions. So the emissions that you have impacting upstream and downstream of your own business activities needs to have a collaboration. That's a multi-party collaboration that you need to work in. So you need to have then a bounded context. So everyone has its own data sets on how they're producing and what the emissions are. And partially it needs to be shared as part of the normal business transactions they do in the value chain. So I think that the sustainable development goals with ESG is a very excellent use case and that's something that's on the table right now for me, for a big client in Japan, to find out how we can use and apply blockchain and tokenization to make that very elegant solution. I would like to add one point here. So for auditing, usually we need to pay some third party and come on to auditing, right? But with blockchain, auditing can be done instantly. So that's gonna also add into ROI. And one more thing, as I already mentioned, the payment settlement happens instantly with the blockchain. So what if you have to wait for payment for 60 to 80 days? And what if it happens instantly? So these are all factors as other participants already mentioned that is gonna affect ROI. Excellent points. And I guess we are just two minutes to close up. First of all, I want to thank everyone for your time. Those who have joined us today in this wonderful panel discussion, Joss, Veronica, Preeti and Ravi, sharing your critical insights. And I guess we will connect with you guys later as well. The Hyperlegic Global Forum for today has just started. We are having many more events. We can connect with you guys and for the follow up questions for others, I'll encourage you to maybe we can connect via the networking session or you can drop your mail ID here in the chat and we will try to connect and try to get back to you with any questions that you might have. And thanks again, everyone, for your time and wish you a wonderful event ahead of the Hyperlegic Global Forum 2021. Have a great day. Bye. Thank you all. Thank you. Thank you, thank you. Thank you, Ravi. Thank you, Joss. And I'm going to end it, Preeti. Thank you. Okay.


What's your mantra to stay ages ahead in your professional life? I think one should stay updated with the trends of the market and one should change is the only constant. This is what I feel. So one should change with time to stay ahead and we should work hard and it's our destiny. So where we'll reach it depends on our destiny. So I think we should work hard and just move ahead with the time.


Hey Bolo buddies, thanks for watching. Just realized my screen was not up. You couldn't see my sign Hey you guys, thanks for being here Did I say my beginning? Hey Bolo buddies, thanks for watching. I think I forgot I was sidetracked with fixing my screen Anyhow, if you're new to the channel, I share with you items to be on the lookout for items You can typically buy low and sell high. This is a Easter Bolo category of video I did one of these a while back, but I love love love the Easter Bolo's. So we are gonna get started. Here we go I need to be a little quicker at getting the screen share up if I'm gonna go here. We go All right, the first Bolo we have is Paper mache, I will tell you guys if I find paper mache and it is a good price I buy it buy it buy it. I do really well with paper mache items. They are super cute and people collect them This is a vintage German paper mache Easter Bunny. It's a candy container with glass eyes How cool is that is sold for a hundred and seventy two dollars and fifty cents with fifty four bids and the buyer paid shipping The next item is these vintage Easter Bunny chicks They've got like little feathers on them. They're made in Japan. I always look for made in Japan ornaments little things like this I have some Vintage, what do you call them? They're like little skiers That kind of look like this and they're made in Japan and their Christmas ornaments and they are super super cute I have not sold them yet, but I am waiting on the right buyer But these are adorable these sold for one hundred dollars with fifty two bids. There are twelve of them Very very cute lot. I can totally see why this went up to a hundred dollars I mean, I wouldn't pay a hundred dollars, but I would definitely buy this to resell for a hundred dollars very cool and The buyer paid shipping on that one The next item are these vintage spun cotton chip. Oh my goodness not chips guys chicks cotton chicks And they're in the original box. They're also made in Japan made in Japan vintage items Seem to do really really well, but these sold for two hundred and eight dollars with fifty one bids How cute is that? Very very cute The next item is this vintage J Chen and company ten litho. I don't know if it's litho or litho Litho litho, I don't know either way Tomato tomato It's a rabbit. It's a rabbit an Easter rabbit pulling a wagon There you go. So it's like ten Super cute sold for a hundred and thirty three dollars and fifty cents with fifty bids in the buyer paid shipping The next item is this inflatable Easter bunny in the original packaging It's eighty four inches if you guys check out my videos I have a video on inflatable Bolo items to be on the lookout for so you can check that out in my Probably I think it's under my category videos. It's in that playlist or you can just search inflatable The next item are these annalee dolls and these are super super cute These kind of range some of them go for a lot some of them Just do okay. They're great bread and butter items I pick up annalee whenever I see it and if you see the paint on the face they are very very easy to Identify if you see them they all look very similar Let me get back here see their faces So definitely be on the lookout for those again if I pick if I see annalee I pick it up if it's in good condition and if I can get it for a good price The next item are these little Jim shore Heartland Creek mini egg shaped Easter chicks It's a set of two very cute. They sold for $40 with 41 bids and the buyer paid shipping The next item Victorian blue Easter egg paper mache candy containers. These are in the shape of an egg They've got the bunny rabbit on the front. I have sold some of these. They do very well I think I still have one listed actually, but it looks like this pattern Sells for a lot these two eggs sold for $91 with 41 bids and the buyer paid shipping You know what? I think I have one of these left. I'm I'm not sure if I have it cross posted So maybe when I finish this video, I will go over and cross post it to Mercari and Etsy Maybe even posh mark the next item is this Dirk now with ski limited edition Easter forever collectibles bobblehead so Looks like a basketball player dressed like an Easter Bunny Standing in an egg that is a bobblehead. There you have it sold for $75 38 bids plus shipping So especially with items like this, I'm not sure if this actually has a barcode But I'm gonna guess that it does you can check the barcode or just type that information into the title and you'll be able to pull up comps Okay, so this little precious moments beginnings baby prayer pal bunny rabbit plush prayer Easter Okay, so this is kind of one of those things where maybe somebody had it and they lost it I'm not sure but this little guy went for 70 I should say this little gal because she's pink went for $70 with 38 bids plus shipping. I Love the rush dens. They are so cute that so they have this really this face I don't know if it's plastic or what what it's made out of But a super super adorable. Let me see if I can find the the tag Okay, so this one it's written on I Don't know what it's written on but it says copyright the rushed in company Maybe the leg the bottom of the shoe. Oh, maybe it's the bottom of the shoe So this sold for two hundred and eighty five dollars thirty six bids plus shipping The next item are these Christopher Radco Easter glass blown ornaments very cute Christopher Radco is That will help you identify if it's a Radco see the star on it So that's one identifying characteristic of the Radcos. They're really really well made But these sold for a hundred and fifty three dollars with 34 bids in the buyer paid shipping The next item is this vintage estate signed Weiss or I think it's Weiss It's an Easter Bunny brooch pin And it sold for sixty eight dollars and fifty cents with 32 bids and free shipping The next item is this dimensions the bunny patch needlepoint craft kit so These can do really well. I I always pick up Cross-stitch kits when I see them if they are priced reasonably They range if you can find the dimensions gold. I think it's gold Now I'm not I Think it's gold. I don't know. I just did a video on Cross-stitch you guys can go check that out to see other High-dollar cross-stitch kits that sell for a lot. There's certain ones that do better than others This one sold for fifty one dollars thirty one bids in the buyer paid shipping This vintage 1980s Pauly finder. I'm sorry Pauly flinders Easter dress, let me see if I can find a tag There it is Pauly flinders Martha miniatures is also a really good brand If you want to see more on toddler dresses that you can sell for big money Go check out my toddler dresses Bolo category video This one sold for a hundred and thirty five fifty with thirty bids and the buyer paid shipping This is adorable and this is for you crafters out there people who are crafty It just shows that if you make something that people like really want they can be They can go for a lot of money. This I said a doily. Yeah doily sold for sixty one dollars With twenty seven bids they even auctioned it wonder what they started it out at I'm always intrigued by people that hand make Items like this so nineteen ninety nine So I'm guessing that that seller was really really happy. Let's go in to see other items Yeah, so look they looks like they Make a lot of really really neat hand crocheted Doilies really neat store. They don't have a lot available and I wonder how much time that takes I always like think Man, oh man the amount of time that it takes to put something like that together So really cool. That's their store if anyone's interested The next item is these Oshkosh bagosh Easter Bunny rabbit vest back overall denim bibs $48 these sold for plus shipping. Okay, so Oshkosh bagosh some of them can go for over a hundred dollars. I also have a video on this I'm starting to get to the point where I'm doing a lot of category videos to help you guys learn about certain Like categories, so this would be Oshkosh bagosh items that sell for big money So that you guys know what to look for when you're sourcing for these items So definitely check out that video also This is a Peggy car tray. It's an Easter egg pattern. It's retired and that's what it looks like Comes in the box. It sold for a hundred and twenty dollars and three cents with 25 beds. This is a brand I've never heard of I've never seen anything like it. So I want to see how many unique bidders that had Five unique bidders and they started it at twenty five dollars. So and The winning, you know, the top two bidders have quite a bit of feedback. So, you know, sometimes when you see zero feedback winner You know, it draws some flags, but that's why I like to look at the actual bid history All right, Pez I also have a category video on Pez dispensers to look for and what makes certain ones Collectible and whatnot if you guys are interested in that you can go check out that video but this Pez dispensers from the 1950s made in Austria and It has no feet and it's a bunny and it sold for 357 dollars with 24 bids and the buyer paid shipping The next item are these Lot of three 20th anniversary Easter Care Bears new with tags sold for a hundred and three dollars with 24 bids plus shipping All right, these are a pair of rare Union Dawn feather stone Easter mother hen and chicks blow molds from 1996 these little guys sold for a hundred and twenty seven dollars and fifty cents with 23 bids in the buyer paid shipping Always always always look for blow molds Look them up check comps, but typically blow mold items do well Even the smaller ones and the big outdoor ones do well also So this is really really cute. It's vintage Easter spell out Micah birds band musicians collectible chicks with box How cute is that? People collect this stuff. They love it all this vintage stuff. So definitely be on the lookout Great, you can pick these items up at thrift stores Estate sales garage sales a lot of people don't know that there's a lot of value in these things So definitely be on the lookout this sold for a hundred and forty nine dollars and ninety nine cents with twenty three bids and The buyer paid shipping and again, you can see right here made in Japan If you see made in Japan look it up for sure The next item is this bunny rabbit oil painting says original by CES animal wildlife pet Easter so Must be a particular artist this CES, but this sold for a hundred and seven dollars and fifty cents 22 bids in the buyer paid shipping The next item are these little nickerbocker Vintage hard plastic male and female Easter bunnies. I'm not sure if those are blow mold or not. I they look like they might be So that would have been a good keyword if they are But a knickerbockers collectible also, but these sold for seventy five dollars twenty two bids in the buyer paid shipping The next item are these adorable little Livy and Luca Molly bunny girl white leather Mary Jane shoes and They're a toddler size six. They sold for forty three dollars twenty bids in the buyer paid shipping So hit that like button. Oh, it's not going back. I had this happen earlier. There we go I accidentally I did a video before this and I accidentally went out and had to come back in and the video was still rolling So that was good So yeah, hit that thumbs up that helps the channel and be sure to comment if you made it to the end of the video Comment I made it to the end of the video if you had a favorite Bolo that I shared like I love Japan made in Japan Items maybe I'll do a video on that that would be fun. I might do that. So anyway, thanks for watching you guys I appreciate every single one of you It means a lot to me that you guys take the time to watch my videos. I hope you're learning I hope you're finding the Bolo's and I'll see y'all real soon. Thanks for watching


Hi everyone and welcome to JSA TV and JSA Podcasts where we're covering the latest stories trends and innovation From leaders in global connectivity real estate and the networks within I'm Barb Mitchell here joining you today from JSA And I have a special guest with me here Hannah here of trend logistics. Hannah so nice to have you. Thank you Barb I'm happy to be here this section my first PTC and had a crazy journey coming in with the snow and freezing rain, but we made it and it could not be more excited to be here in paradise with you amazing Yeah, we're excited. It's it's already been such a it's you know We're not even halfway through and the show has been so so great and so successful, you know What are you looking forward to most? It's your first PTC. What what are you most looking forward to? I'm just excited to be here and be networking with some of the biggest people in this space and Everyone is just so knowledgeable and just excited to learn and like just really jump into this space with my position And this company and yeah, I'm really thrilled to be here and get to see all of you in person Yeah, our JSA family. Yeah Amazing and so well, let's jump right into it then tell us a little bit about trend logistics if you don't mind Yes, of course. So trend logistics. We are a logistics service provider. We've been around about 20 years We recently in the last 10 years added another arm of the business, which is this managed transportation side and That includes things such as not just the transportation, but also services like managing inventory warehousing managing laydown space and getting and coordinating everything efficiently For our clients on these high-tech construction projects So some of our areas that we're in are semi conductor fabrication plant builds data centers, of course and Also other high-tech construction So those are the types of projects that were on really big large-scale multi-year projects and so we really provide a service to to our partners and people that hire us and Yeah, so really it's materials handling and storage and logistics and All that that entails. Yeah, amazing. And so when you talk about Specialties around things like transportation and transportation and warehousing. I know that you also you're able to really Specializing and customize your solutions to meet the needs of some of your your customers And so specifically when you're thinking about high-tech construction projects, how are you tailoring your solutions for them? Definitely. Yeah, as we all know, they're so complex some of the most complex projects in the world and so we work with all of our our clients and really determine the scope of what is needed and Whatever that may be we leverage all of the latest technologies in warehouse management systems in Security to really provide what is needed because a lot of these materials are very very expensive And you need to be protected and don't want to damage them in transportation, for example So we are the experts you hire us to be the experts and we handle all of that so that material doesn't get lost damaged gets to the job site on time and There's many different players hundreds sometimes thousands of people on a job site in one day And so it's so much to manage and so having a logistics service provider Handling all of the headaches and logistics really allows and frees up stakeholders times to focus on other things because we're handling all the headaches on the ground and Providing that peace of mind, right. Yeah, so I mean a lot of different things can come up You've you've named, you know, several and how the solutions provider of the logistics solutions provider Like yourselves you can really solve for for a lot of that. Are there specific solutions that you? Would want to highlight Yeah, yeah, definitely and then also some of the challenges to let me speak to the challenges as well So the main challenges we see that our clients come to us with are those supply chain delays Costs related to supply chain delays and then schedule and predictability issues that lead to delays on the project Which are very costly so That we know that the you will save more money by having your materials on site or nearby at a nearby Warehouse then not having them at all due to the supply chain so it's better to store it nearby and and that's how we're able to help with some of the cost savings along with our Partnerships with different transportation Partners and being in the business for as long as we have we're actually able to save clients money through our transportation partnerships and Yeah, some of the other solutions are yeah those reduced shipping costs efficiency and project management being the liaison between everyone on the job site and project and Also just having all of the flexibility We we pride ourselves on being very flexible very nimble and able to tailor solutions based on to what the customer needs and Really just as much or as little as they need we can tailor that you know in the SLA and Have that constantly be adjusted based on logistics needs, right? I mean everyone wants to save money and simplify the process right so I mean You're already adding value there, but can you give us an example of? How you may simplify the overall process for your customers? Yeah Yeah, I'd love to give a specific example of our process So we've done in our doing work on some semiconductor Fab builds some of the biggest in North America if not the biggest and so an example of our process and how we tailor it to our clients is We were working with a GC a general contractor that has Taiwanese operations Taiwanese staff And so at the onset of the project we chose to bring in a professional with 27 years of experience in Taiwanese culture Fluent in Mandarin and so we brought him on as part of the team and he really was able to help facilitate that communication between Working with the group and the cross-cultural Communication and just really be such a strong partner for us so that we were all on the same page starting at the beginning of the project with the scope and All of that that provides so that's just an example of how we will custom Build and a team for exactly what you need based on the project and we like I said We're very flexible and can work with you to really handle any any and all needs so You know for everyone at PTC, you know if anyone is interested in talking more come find me I'll be here all weekend and happy to chat more about what we do and yeah come find me Thank you so much, Hanna. It was really great. This was our first chance chatting on JSA TV first of many I'm sure and first of many times. We'll see you at a show Pleasure to chat with you. So thank you. Thank you Barb. Yeah, and thank you to our viewers for tuning in today to JSA TV Until next time happy networking