190: Sky’s the Limit: Owen O’Driscoll and PlanDail

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Hey there, I'm Pete Townsend,
and this is money, never sleeps.

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We look inside the minds of
entrepreneurs, and at the

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crossover of startups,
Enterprise Finance, technology

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and Life, as we know it on the
show this week, we've got I'm on

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O'Driscoll, I think the chi or
and founder of plan, boy, I know

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his mission is to build Europe's
Premier cross-border seamless.

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Regulated crowdfunding platform
powered by carbon neutral

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algorithm.
Technology plan details aim is

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to connect.
High-impact Focus entrepreneurs,

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with ESG impact, investors of
all shapes and sizes who want to

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find a better future for the
planet in this episode?

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Oh no, Driscoll and I talk
through some of these

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foundational experiences in
operations.

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Horticulture and blockchain are
all integral to his role as

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founder and CEO of Planned oil.
The core elements of the plan

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Doha platform.
The combination of it.

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ESG, scoring engine indeed.
Will self Sovereign identity for

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investors.
And for companies our own is

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think about scaling the plan, 20
platform and his approach to

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fundraising as well.
All right here on money never

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sleeps.
Listen Owen, this is long

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overdue.
Yet, related to be here.

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Excited like to Foghat longtime
listener first-time talker,

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good, man.
Good man.

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No.
No.

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They did you eat?
We could talk for hours, right?

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So yeah, yeah.
See if, let's see if we can keep

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this one under an hour, you
know, it's been a long time

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coming and where I'd like you to
start is to just share some of

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the foundational experiences
that you've had in life and

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work.
Career in anything that got you

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to this point of where you are
now.

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Founder and CEO of Planned.
Oh yeah.

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Yeah, 100%.
So look great.

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I think you know, you know me
I'm pretty much a workaholic as

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such in a good way if you do and
I love of Bora and at school

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very young at like 15.
I was, I started the trade, but

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I know travel quite a lot and it
came back then when I was like

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22, and I actually starting with
first franchise you.

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So it won't say which, but I got
my first franchise store when he

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was 23.
Yeah, and I actually hope you

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two more over, ten more years.
I have 100 off a lot of stuff

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for me expose work with a big
Corporation, kind of the gold

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wounds that went with that while
it was, he gratefully.

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So, I went back and I started
our coach insane and that's

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where I kind of discovered a
love of all things, green, and

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Innovative way.
Suppose, you are somewhere in

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that mix, I discovered
blockchain.

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And I actually started working
for a company like, had a was a

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quick understanding of the
benefits.

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Once I saw it, connect me to
come I cannot Factor own fixed

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with that.
That's a is background as well

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as is an obvious Crossover with
an immutable Ledger potential

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ization or alert.
So, I should work, intricately

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call 888 the lead Ambassador.
So this was, my job was to.

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And that thing, mate, are you
like a blockchain trip?

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I do there are saying, or mobile
first oracle's a lot, a lot of

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new, kind of concept stuff.
So, it was explaining to

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companies or they could use
blocks in and inattention of

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brawler about a year and I got
a, we got excited.

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An angel shall a robbery and
enter came along and said you

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know your counts along with a
Swatch.

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It's got poorly you know.
Okay ins work with the time and

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see if you can get startup lat.
So we get and we got the to a,

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it's a no-brainer in Microsoft
and water coaster Fleet and if

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this is the eye opener for your
Elixir.

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Hello beloved Davis.
A long time.

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Dwarf at that point we're
discovering that there's like

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certain methodologies that are
very different to what you would

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think in an accelerator to Open
up your mind to the

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methodologies of startup can
start up here.

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That's only thing, you know,
related, all of a sudden you're

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talking to a boat, like the
hero's journey and the effect,

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the stories and maybe philosophy
ER started thinking or you're on

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your leg, okay?
Like this is what startup is.

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It's it's looking at stuff from
a different perspective saw that

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view the eye opener.
We actually won Williford

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winners of that boy.
Soft accelerator roll on covid

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letter to say Black Swan event.
Phase we Into New Frontiers go

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with you, four turtles can tidy
Otis mix of of all the different

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experiences are you and what is
New Frontiers for those that may

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not be familiar.
So yeah, told New Frontiers is

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and Explorer Program sponsor
playing and pretending.

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Otherwise, fantastic.
So we did that again.

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Like they're totally focus on
start of methodologies, but they

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can focus like this business of
building.

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They will come they Trot out
right of the window.

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It's about validation making
sure your Market is right.

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Not just that there's a gap in
the market, but there's actually

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a market in the Gap.
So, multiple months of

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validation Market, validation.
Before we ever pretending, I

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would say it was solid Phase One
to a tree and came to his folly

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or eight or ten months or then
solid solid validation.

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But they give you loads of
mentors.

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This electron for all eternity,
John Foley who is the CEO of

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Waterford crystal use, he was my
mentor for a bit of time which

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was great.
Really make sure that they get

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the CEO or the to can have the
conflicts in yourself to back

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yourself and I think that's a
big thing that you get from New.

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Ursula.
Yeah, roll on New Frontiers and

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I will reach started making
start with the ground gotten

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product, really good and honed,
and we got our first contract so

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you'll Grant Foundation to, and
from grass, to blur in

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ecosystems, for ESG impact
companies that are, there also

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will be country are growing
ecosystem.

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So and I know it's correlated is
lashes platform but or MVP is

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that is a crowdfunding platform
where you could teach that

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Equity I got you.
I got you and it you know just

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to pull on one of those threads
here.

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No, looking at the early
experiences of being a franchise

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owner, multiple franchise owner,
and then going into

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Horticulture, right?
And then from having that, like,

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you said, that mix of that
operational as well as

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scientific background.
What was the trigger for

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Horticulture?
It's a really curious Choice.

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There is a story that is also,
applicable has been credited to

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Innovation and soft and aren't
there, actually, the trigger.

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Therefore behold impacted as
well sought years ago through

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the sugar industry in court.
Our city, and it was a big

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tillage craft in Corfu some
sugar, sugar, beet, and the

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Sugar Factory closed.
Only 2000 - a long ball rattles.

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It's like 12 or 11, 12 sit
there.

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So there was up, there was a bit
of a lag there and I can cross a

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crop that could replace this,
that could am always look at its

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corporate.
I came across a crop that could

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replace this whole industry,
another lie that it was when

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you, when you look at benefits
and atropos lower pesticide more

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fungicide, it was a lot of
benefit rate aeration and the

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Not the sort of soil erosion to
describe about putting a

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production facility in the
middle of this tillage area.

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I presented to the minister for
agriculture day and to is he

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actually gave me recommendation
to go do the the science thing.

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Wow and yeah.
And so has his hands up in the

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stretch very loyal.
They do, you know?

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Well no, I mean, you know, like
you said, you went down a bit of

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a rabbit hole and you figured
out if the plant closed how can

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we actually replace that
production?

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Yeah, yeah.
That that is fascinating and

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then the combination of
horticulture as well as

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operational taking you in the
direction of blockchain and

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distributed Ledger's right.
Pull on that thread a little

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bit.
Yeah.

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And look again it comes in to
wear a little bit of a simple

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and oils worth unloaded color
regulated stuff.

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Right?
It's so I come from a franchise

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that has a very, very, very
detailed Ops manual.

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Right now, what it means is
that, like, you know, you could

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bake your aren't anything That's
necessary when the latter, very

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simple things.
But when we were, when I was

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doing this to stay for a and
college, we started getting into

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more pain like pharmaceutical
products, or 60% of all

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pharmaceutical.
Products are produced in as a

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plant derivative.
And what that means is that

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you've got this huge, huge
logistical, new track and Trace

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and all sorts of things going on
within this industry, right?

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So, you've got multiple players,
multiple border points and

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actually you can have something
that could It off as a plant.

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And and after a couple
processes, could be a controlled

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substance and there's the whole
evolution of this rate.

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So if you can imagine all the
track and trace him traceability

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and visibility, that should be,
would make life easier on this.

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So when you kind of think about,
okay, trusted system are, you

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know, transparent system using
oracle's order inspection point.

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It starts to stairs to fit
together and I actually wrote a

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paper about utilizing blockchain
and of kind of a proof of stake

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system where that you would have
the the ledgers that Be running

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anyway, should be loads and this
way you can actually

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decentralize the whole thing and
make it a bit more trustless.

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And then the at The Operators
are actually getting rewarded

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for Rolling those nodes even
leather for you product rate.

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So I had kind of started doing
that on a ton of the A and

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that's a way kind of got more
and more involved with 880 the

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other better than others.
You know, glp a good one,

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factually practices lie, I'm
border inspection point to these

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kind of things to produce
products rating.

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You can regulate its Paces.
So we wrote a very deep

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recommendation paper on One on
this one of those into in this

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kind of space, right?
And what it is is a bunch of

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licenses and a bunch of
procedures that the people need

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to take to prepare for.
Anybody can do it though.

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You know it's about the hard
work and doing it in the right

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order and it kind of opened up
my eyes.

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The regulated space as well.
Okay?

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All right, I've got you and so
this combination of the

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operational background alongside
Horticulture anybody on this

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planet, can look at this planet
and see how messed up it is from

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an invite.
Perspective, right?

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And that we got a lot of work to
do to extend the lifespan of the

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human race on this planet beyond
the drive that we're on right

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now.
Absolutely.

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Yeah.
But studying, Horticulture

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probably open your eyes up to a
lot more of that as well and

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say, yeah.
And that's so when you came out

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of this and got into eternity,
got down that Block Chain Rabbit

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Hole to an even greater extent.
You saw some opportunities

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there.
What was that?

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Trigger point for Planned oil to
say, listen, we're going to do

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this.
Yeah, it's a combination of

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useful.
So like I really believe that

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essentially the nation and I
would as much as possible like

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to be able to create selfless
fifth of snow and all we we go

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on minimum trust, but I think it
was the combination of also

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being like ethnic retail
investors was for quite a long

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time, like they'd been
self-employed for so long.

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So I've seen lots of different,
good, good and bad things.

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And a lot of bad things you to
kind of expose loose, kind of

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people in the blockchain work,
have this possibility of having

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really clean, record will
technology and hasn't You place

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an ant you know investors of
felt the brunt of that bit in

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planned oil we very much are
will be delta, T is All Digital

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identity.
So we we have the unit are

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color.
So solid and filler, which

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allows users to opt in their
data and the sun on the Zero,

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knowledge proof basis awoken to
that.

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So, will we cool week when we
started looking at these as was

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different pieces, that that
implant oil?

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And then we've got this mission
for impact, with we said, okay,

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look no, the stakeholders of
these massive companies that are

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trying to having a bad effect.
This was It on the head.

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And 80% of the company use are
called The Village area called

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was very tense.
So it was a trigger, a big

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trigger.
No need to go to a company that,

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you know, the, the governance of
companies was us click and

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little is acquit.
What's going on here?

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And I kind of had a lock on.
It was like, Ikebana the retail

226
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people in the world, who own
shares on the market side, you

227
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put them all together and they
cause are the whole hours, it

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would even have a say, in all.
And any of these completely

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ignore not update, there's no
lost situation.

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So we wanted to flip that.
And said you know, we wanted the

231
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early stage investors to be the
retail investors who could steer

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the important decisions about
where this company is going

233
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stress.
Your own TSE Verma to social

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governance, you know may not be
dismayed addictive, assistant

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say you know this type of stuff,
you know, that was the flip for

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us.
That look the technology is here

237
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under never be more of a ones
like any retail users.

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Any to you know you've got the
new obese Revolution.

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All it easy.
It's frictionless.

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People want to be of have a say
aye.

241
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We think the impact investing is
is so people can really have a a

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point ownership as for Zoom
after what to do not know the

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technology is no they're forced
to do it.

244
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Yeah, it is, it is okay, I get
that and that, you know, being

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able to take your background,
you know, you've evolved over

246
00:12:23,100 --> 00:12:25,300
the years.
You've had a lot of experiences

247
00:12:25,600 --> 00:12:27,700
getting planned oil off the
ground.

248
00:12:28,300 --> 00:12:31,400
You've mentioned a little bit
about what plan do oil is, but

249
00:12:31,400 --> 00:12:34,200
maybe get into that a little bit
more detail on.

250
00:12:34,200 --> 00:12:40,500
Yeah, on what it is and why this
Is the perfect thing for you to

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be working on right now.
Yeah, it took so what it is to

252
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get all very simply.
What we're trying to do is make

253
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a difference with a very easy to
use code folding out so that

254
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everybody can take part in
Impact investing and we can

255
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curate the right type of
investors for impact projects.

256
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That's what it is.
Really silky.

257
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You know, it's simple user
interface, it's actually a

258
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blockchain solution.
So we've integrated the algren

259
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blockchain Legrand wallet, we've
taken all the complexity out of

260
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it for the projects in the user.
So very easy to use Use mobile

261
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app.
So we've filled everywhere a

262
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mobile-first approach user
interface and experiences is

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that or is that our top word?
We've integrated a very unique

264
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subset of my identity layer.
And what this does is allows us

265
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to hide the stakeholders.
Identities and and shareholders

266
00:13:25,400 --> 00:13:27,500
to the acid in the red shoe true
fashion.

267
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And this is important because
for us we want to look at impact

268
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projects.
And like what does impact mean?

269
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Rates are two very good as
simple ways that we start.

270
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They have to be able to be
sustainable and need to be able

271
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to sustain themselves going
forward under not really

272
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impactful to give the company
goes invest, two million euros,

273
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on a lot of stuff, whatever it
is, and that goes into the into

274
00:13:48,500 --> 00:13:52,800
the wind, you know, that's two
video cards worth of something

275
00:13:52,800 --> 00:13:55,800
is A big part somewhere like our
Lord waste.

276
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It's just way, so that be
sustainable and a half.

277
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We have to record verified
impact metric.

278
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This is kind of the important
with this, where the technology

279
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comes back into the loop.
So we create a carpet, so

280
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Sovereign identity for company.
Then make a claim that they

281
00:14:10,700 --> 00:14:12,700
look.
You know, we can save XML to

282
00:14:12,700 --> 00:14:15,800
water for you, then need to come
back to a pseudo, third-party

283
00:14:15,800 --> 00:14:19,000
verified source and the claim,
the very flame will live in

284
00:14:19,008 --> 00:14:21,800
their self softly then.
So why does that matter?

285
00:14:22,300 --> 00:14:24,700
We're living in a world Where
people are getting Lords of

286
00:14:25,000 --> 00:14:27,400
benefit and kudos for record
profit has turned that we're

287
00:14:27,400 --> 00:14:30,800
gonna even try to keep, and
that's what we're trying to get

288
00:14:30,800 --> 00:14:31,800
rid of.
We're trying to scrub out the

289
00:14:31,800 --> 00:14:35,000
screen washing, we only deal
with her fake credentials or we

290
00:14:35,500 --> 00:14:37,800
turn off like, you know, one
thing with the ESC and in fact

291
00:14:37,800 --> 00:14:40,700
is that the people keep kind of
looking backwards, a different

292
00:14:40,700 --> 00:14:43,100
company than santoku changes,
no, keychains F.

293
00:14:43,600 --> 00:14:47,100
And we believe there's a new
generation of circular taking

294
00:14:47,100 --> 00:14:49,400
people like the coming into the,
in the sweetness of the

295
00:14:49,400 --> 00:14:52,400
eyewitness, like in all worked
with the different projects in

296
00:14:52,400 --> 00:14:55,000
all things.
Like the oil companies use take,

297
00:14:55,100 --> 00:14:58,500
you know, they don't think, you
know, put this in there and get

298
00:14:58,500 --> 00:15:00,600
that out there, they think,
okay, how do we use this whole

299
00:15:00,600 --> 00:15:03,800
chain, this whole cycle?
And I'd value up and downs,

300
00:15:03,800 --> 00:15:06,500
don't stream and knock down,
which opened on stream, and

301
00:15:06,500 --> 00:15:08,900
think about all the consequences
or they're not on the intended

302
00:15:08,900 --> 00:15:11,800
consequences, you know?
So yeah, that's that's waiting.

303
00:15:11,800 --> 00:15:14,800
The training is Rachel as for
the timing is racially but this

304
00:15:14,800 --> 00:15:17,000
is something I'm super
passionate about and maybe it's

305
00:15:17,000 --> 00:15:19,900
just that the feeling is right
in the world or whatever, but I

306
00:15:19,908 --> 00:15:22,800
think knows the time to really
get behind impact.

307
00:15:23,000 --> 00:15:26,800
Innovation and like the one
thing I do need to mention that

308
00:15:26,800 --> 00:15:29,600
like because of all of this rain
washing ESC, an impact is got

309
00:15:29,600 --> 00:15:31,800
this.
She solves wouldn't have this.

310
00:15:31,800 --> 00:15:34,700
You'll see that the people were
more conflict a little too as to

311
00:15:34,708 --> 00:15:36,800
whether we want to cook complete
in the world.

312
00:15:36,800 --> 00:15:39,400
You're off of the problem into
that, they're trying to fix all

313
00:15:39,400 --> 00:15:42,700
companies and, you know, their
price Beyond fixing you're not

314
00:15:43,000 --> 00:15:45,100
the new stuff that I Wanna Be.
Try to get the angular.

315
00:15:45,800 --> 00:15:48,300
Yeah, really interesting that I
talked to pay walls to yard

316
00:15:48,400 --> 00:15:50,500
about this from wake up capital
a couple years ago.

317
00:15:50,500 --> 00:15:52,800
We had her on the show and her
wheel.

318
00:15:52,900 --> 00:15:57,300
I've was to influence companies
at the earliest stages through

319
00:15:57,300 --> 00:16:00,500
the Investments.
They were making as a fund to

320
00:16:00,800 --> 00:16:04,600
adopt ESG measurement practices
that were sound that were

321
00:16:04,600 --> 00:16:06,000
meaningful that.
Yeah.

322
00:16:06,000 --> 00:16:08,900
So that you know like you like
you're saying it the earliest

323
00:16:08,900 --> 00:16:11,100
stages that you make this part
of your business.

324
00:16:11,800 --> 00:16:15,000
Really interesting part of what
you guys are doing oh and what

325
00:16:15,000 --> 00:16:19,800
planned oil is saying that we're
actually going to bake that in

326
00:16:20,000 --> 00:16:23,300
into the company's identity
framework on the And oil

327
00:16:23,300 --> 00:16:27,500
platform and lots of companies.
In this space Owen will talk

328
00:16:27,500 --> 00:16:30,400
about self Sovereign ID and the
investor.

329
00:16:30,400 --> 00:16:35,300
And but for plan don't it's not
only the investor side that has

330
00:16:35,400 --> 00:16:38,400
a digital identity.
It is also the company in which

331
00:16:38,400 --> 00:16:40,700
they're investing.
Yeah, it's a really.

332
00:16:40,700 --> 00:16:44,100
Do you start to get some really
interesting crossover points

333
00:16:44,100 --> 00:16:47,700
there between impact investors
and what they're interested in

334
00:16:48,000 --> 00:16:52,100
and then the companies that are
crowdfunding on your platform

335
00:16:52,300 --> 00:16:55,700
and what they are measuring and
the, the commitments they're

336
00:16:55,700 --> 00:16:59,400
making by measuring that but
also making it part of their own

337
00:16:59,400 --> 00:17:02,500
identity as a company.
Yes, that's a big, big shift.

338
00:17:02,600 --> 00:17:04,599
Yeah, and look, I think there's
for me.

339
00:17:04,599 --> 00:17:07,200
Anyway, they wear that comes to
like a bit of problem.

340
00:17:07,200 --> 00:17:10,500
So, I mean, maybe it's earlier
saying rates or maybe it's a new

341
00:17:10,500 --> 00:17:12,900
thing, but we don't seem to be
thinking generationally, you

342
00:17:12,908 --> 00:17:15,900
know, as, as a, as a, as a
society anymore.

343
00:17:15,900 --> 00:17:19,000
You know, I mean, I know, you
know certain countries are but

344
00:17:19,200 --> 00:17:20,900
you know, it's kind of like, oh,
we get through the next year or

345
00:17:20,900 --> 00:17:23,900
two and everybody will forget
about our history or what Dirty

346
00:17:23,900 --> 00:17:25,000
stuff.
We were doing it for four years

347
00:17:25,000 --> 00:17:27,700
ago so we what we're trying to
create and planned oil in the

348
00:17:27,700 --> 00:17:31,100
system where people are, you
know, fit into the late.

349
00:17:31,100 --> 00:17:34,300
You know, and and and tied at
history to yourself and should

350
00:17:34,300 --> 00:17:37,100
you not behave yourself than,
you know, you won't be able to

351
00:17:37,100 --> 00:17:39,400
sell on these assets, you know?
And that's probably a good

352
00:17:39,400 --> 00:17:41,000
thing.
And I suppose what we're trying

353
00:17:41,000 --> 00:17:43,300
to create is like I want to be
able to come back to the

354
00:17:43,300 --> 00:17:45,800
platform, a couple years and all
the problems of the companies

355
00:17:45,800 --> 00:17:47,600
that were there.
Everything that they didn't look

356
00:17:47,600 --> 00:17:49,300
at our tender difficult, please,
mrs.

357
00:17:49,300 --> 00:17:53,600
The beef or can produce one
credential like, A thing that

358
00:17:53,600 --> 00:17:56,100
cannot be wrong, but at least we
know they're doing what they're

359
00:17:56,100 --> 00:17:58,900
saying, they're going to do, you
know, and they would make

360
00:17:58,900 --> 00:18:00,900
everything all the time but if
as long as they have a plan to

361
00:18:00,900 --> 00:18:03,700
make it better, you know, we're
starting to get on in the right

362
00:18:03,700 --> 00:18:05,500
direction.
But the point is that it's about

363
00:18:05,500 --> 00:18:08,500
facts and I will promises and
that's the big thing.

364
00:18:08,500 --> 00:18:10,700
You know, we're coming back to
look at the facts short time

365
00:18:10,700 --> 00:18:13,300
after rather than giving them
years of promises ahead of us,

366
00:18:13,300 --> 00:18:15,500
you know?
Yeah, yeah.

367
00:18:15,500 --> 00:18:17,900
I mean, like, you know, like you
said at the core, this is a

368
00:18:17,900 --> 00:18:20,000
crowdfunding platform, right?
It's your go to market in a

369
00:18:20,000 --> 00:18:23,800
regulated crap platform that
taking advantage of the You you

370
00:18:23,800 --> 00:18:25,900
crying service?
Provider regulation, right?

371
00:18:25,900 --> 00:18:29,300
Yes.
But as you say yeah core of the,

372
00:18:29,900 --> 00:18:33,000
the core they didn't even engine
for governance, it's it's

373
00:18:33,000 --> 00:18:36,000
pretty, it's pretty big.
I mean, look, so we've we've,

374
00:18:36,100 --> 00:18:37,800
there's always designed it to
go.

375
00:18:37,800 --> 00:18:41,200
Well, beyond crowdfunding alone.
I mean, the gee, you know, just

376
00:18:41,200 --> 00:18:43,300
to explain like, so we did say
that, there's only one on

377
00:18:43,300 --> 00:18:45,200
blockchain, put the Shelf, saw
blade entity layer.

378
00:18:45,200 --> 00:18:48,500
It's going to be its own
independent, open source

379
00:18:48,500 --> 00:18:51,200
Network, eventually, you know,
and that's, that's just how it

380
00:18:51,200 --> 00:18:53,500
has to be.
And then we, Is again like a

381
00:18:53,508 --> 00:18:55,900
little if you think we've got
essentially the engine but you

382
00:18:55,900 --> 00:18:57,900
can actually put different block
chains into it from the way

383
00:18:57,900 --> 00:19:01,700
we've activated food and partly
we use, okay, ffs, interpretive

384
00:19:01,700 --> 00:19:05,200
oiling system for managing and
storing impact data.

385
00:19:05,200 --> 00:19:08,400
So you can also plug different
types of database substitutions

386
00:19:08,400 --> 00:19:10,600
into found oil.
And, and it is, as you say, it

387
00:19:10,600 --> 00:19:14,100
starts looking more like an IT
and prayed solution because of

388
00:19:14,100 --> 00:19:16,800
the level of governance that
stare when you tie in the impact

389
00:19:16,900 --> 00:19:20,400
data metrics together with the,
the identity of the stakeholders

390
00:19:20,400 --> 00:19:22,800
and toilet onto the after that,
that tree.

391
00:19:23,400 --> 00:19:27,000
The trick then try and will
never become very powerful lens

392
00:19:27,000 --> 00:19:28,900
in there.
We do plan on in our next phase

393
00:19:28,900 --> 00:19:32,500
and in looking at, you know,
specific institution clients

394
00:19:32,500 --> 00:19:34,500
that we can work with further
PSG needs.

395
00:19:35,300 --> 00:19:37,600
And with the crypto brows, look
at your platform and say your

396
00:19:37,600 --> 00:19:40,300
centralized or decentralized
Central East.

397
00:19:40,500 --> 00:19:41,700
Yeah, yeah.
That's a thing.

398
00:19:41,700 --> 00:19:45,300
And it's that, you know, for,
you know, between two years

399
00:19:45,300 --> 00:19:49,500
2015, 2016, 2017, even allow,
you know, the last couple of

400
00:19:49,508 --> 00:19:52,400
years, seeing a lot of
companies, come to the fore,

401
00:19:52,900 --> 00:19:57,100
With using blockchain full
supply chain to be able for the

402
00:19:57,100 --> 00:20:00,300
Providence angle of this.
And that is definitely an

403
00:20:00,300 --> 00:20:02,800
Enterprise blockchain
application, right?

404
00:20:03,400 --> 00:20:06,600
And looking at, looking at what
you guys are doing, you're

405
00:20:06,600 --> 00:20:09,800
pushing the boat out on that
quite a bit and saying that, if

406
00:20:10,100 --> 00:20:15,700
you know, you can, there is
still this, this element of

407
00:20:16,000 --> 00:20:18,800
decentralization.
That is part of what you're

408
00:20:18,800 --> 00:20:25,200
doing and being able to Have
this corporate self Sovereign ID

409
00:20:25,700 --> 00:20:29,400
that is an attestation to their
ESG bones, right?

410
00:20:29,400 --> 00:20:30,800
Yeah.
Like so there's this kind of

411
00:20:30,808 --> 00:20:34,000
tube just two parts.
They travel across this right?

412
00:20:34,000 --> 00:20:36,200
Yes, we say minimum tossed,
right?

413
00:20:36,200 --> 00:20:40,000
Because we have inclined oil
accepted the fact that we need

414
00:20:40,000 --> 00:20:41,600
some sort of Voice of Truth
straight.

415
00:20:41,600 --> 00:20:46,200
And they generally need to be
calling from third party, which

416
00:20:46,200 --> 00:20:47,900
is just a general company or
whatever.

417
00:20:47,900 --> 00:20:50,000
So, they could be the company,
registration office, you could

418
00:20:50,000 --> 00:20:52,500
be the revenue.
It could be, there are a great,

419
00:20:52,500 --> 00:20:55,800
but these are minimal trustpoint
till we have to trust somebody

420
00:20:55,800 --> 00:20:58,600
at some stage within the put
your Reuters was when we think

421
00:20:58,600 --> 00:21:01,800
about the the the applications
and kind of the other bigger

422
00:21:01,800 --> 00:21:03,700
sensor to just to talk you
through the story.

423
00:21:03,700 --> 00:21:07,600
Like so we've designed the
self-serving identity back to be

424
00:21:08,000 --> 00:21:10,700
super interoperable and like
tested highest the highest

425
00:21:10,700 --> 00:21:13,000
Enterprise level, right?
So we will be as that

426
00:21:13,000 --> 00:21:14,200
interoperate with the different
levels.

427
00:21:15,400 --> 00:21:17,600
So it's important to make sure
the plant oil is a hybrid

428
00:21:17,600 --> 00:21:20,400
solution that we can use a
private blockchain and public

429
00:21:20,400 --> 00:21:22,500
blockchain.
And this allows us to sort of

430
00:21:22,800 --> 00:21:25,200
you know what what Enterprise
would need bravely.

431
00:21:25,900 --> 00:21:29,900
But when we crawl and we've put
an offer companies through this

432
00:21:30,500 --> 00:21:32,800
because of the way that we they
can speak to each other.

433
00:21:32,800 --> 00:21:35,200
We know how the can ready-made
ecosystem.

434
00:21:35,200 --> 00:21:38,400
If you were to imagine a tourist
you know it in any in any

435
00:21:38,400 --> 00:21:40,600
production flow, little
ecosystem and these are

436
00:21:40,600 --> 00:21:43,300
ecosystems are very independent
and there's loads of players in

437
00:21:43,300 --> 00:21:46,800
each retail Defenders lat Errors
in the ethics.

438
00:21:46,800 --> 00:21:49,900
Barefoot, if we're getting to a
point where you need to be able

439
00:21:49,900 --> 00:21:52,900
to trust people up and down
chain of you, because you're no

440
00:21:53,100 --> 00:21:56,700
responsible for making sure that
your got to race ESG governance

441
00:21:56,700 --> 00:21:59,000
practices in place or not to say
you're doing the right thing.

442
00:21:59,000 --> 00:22:02,400
But have you got it from the
right source and I ascending a

443
00:22:02,800 --> 00:22:04,500
the most efficient way to the
next source.

444
00:22:05,200 --> 00:22:09,100
So if you were to imagine plant
oils infrastructure with was

445
00:22:09,100 --> 00:22:12,100
ingrained with the identities
and it allows for the transfer

446
00:22:12,100 --> 00:22:15,000
of the eh you know you
visibility RBST metrics.

447
00:22:15,100 --> 00:22:19,000
Downstream know you've got like
what I like to call it like a

448
00:22:19,900 --> 00:22:23,300
decentralized and replaces our
planner or networks resource

449
00:22:23,300 --> 00:22:27,200
planner that unlike its was in
prevents in my mind of to

450
00:22:27,200 --> 00:22:30,300
gobbling up to make one massive
entity is which one of the

451
00:22:30,308 --> 00:22:32,900
problems were saying these days
into those deep bit of freedom?

452
00:22:32,900 --> 00:22:35,700
And there's a lot of benefits to
having soy.

453
00:22:35,700 --> 00:22:38,500
So you know where something is
in production and lying in

454
00:22:38,500 --> 00:22:41,500
comparison to their competitor
so that your line doesn't shut

455
00:22:41,500 --> 00:22:44,200
down.
But I want that the impact ESG,

456
00:22:44,200 --> 00:22:47,800
metrics and know Surgical in
very nice-looking ecosystem and

457
00:22:48,500 --> 00:22:50,100
middle of trust.
But we know that what's

458
00:22:50,100 --> 00:22:54,300
happening there is good as as
can be.

459
00:22:54,700 --> 00:22:56,600
Yeah, definitely.
And you know, you got me

460
00:22:56,600 --> 00:23:00,800
thinking along this thread on
the chain link model, right?

461
00:23:00,800 --> 00:23:06,300
And chain link is an oracle or
an oracle platform that provides

462
00:23:06,300 --> 00:23:10,800
data to Smart contracts, smart
contracts used in in blockchain

463
00:23:10,800 --> 00:23:14,900
applications, okay?
And the way that it works is

464
00:23:14,900 --> 00:23:19,600
that if you are a contributor of
data to an oracle, you need to

465
00:23:19,600 --> 00:23:21,300
adhere to a certain set of
rules.

466
00:23:21,400 --> 00:23:24,800
And if you would Your to those
rules and you contribute your

467
00:23:24,800 --> 00:23:28,300
data to this Oracle you are paid
by the users of that data,

468
00:23:28,800 --> 00:23:30,800
right?
The users have that data, use

469
00:23:30,800 --> 00:23:35,300
the link token to buy or pay for
data being provided by the

470
00:23:35,300 --> 00:23:39,500
Oracle and the its source of
that data, the provider of the

471
00:23:39,500 --> 00:23:41,900
data receives that link token.
Okay.

472
00:23:41,900 --> 00:23:44,200
But yeah.
Big thing is you need to adhere

473
00:23:44,200 --> 00:23:49,800
by the rules because chain-link
becomes the Oracle and that that

474
00:23:49,800 --> 00:23:55,200
Oracle is Position, so that it
is trustless, right?

475
00:23:55,300 --> 00:23:59,300
Yeah, would you ever go in that
direction and say, listen, we

476
00:23:59,300 --> 00:24:02,800
are actually going to have the
companies contribute famous

477
00:24:02,800 --> 00:24:06,400
Oracle, right?
And that according to a certain

478
00:24:06,400 --> 00:24:10,100
set of rules is that I'm not
that fond of our, a way where

479
00:24:10,100 --> 00:24:11,800
they can mean.
One of the big things with a

480
00:24:11,800 --> 00:24:14,700
eternity back in late. 2016 was
different types of Articles.

481
00:24:15,000 --> 00:24:18,200
So, like yet, and I do believe
in content as mechanism, put, it

482
00:24:18,200 --> 00:24:21,400
doesn't mean that it couldn't be
consensus mechanism mechanism.

483
00:24:21,600 --> 00:24:24,300
So it could be tell me. - and
you can give it the tree people.

484
00:24:24,300 --> 00:24:27,000
You are treatable orders and you
can come back, come back to the

485
00:24:27,000 --> 00:24:29,300
content as you could say.
I know that that all male in the

486
00:24:29,308 --> 00:24:33,000
sauce is for Jess.
AKA you can do yet and and yes,

487
00:24:33,000 --> 00:24:35,900
was to lead us to get to be
bigger multiple Judo premiered

488
00:24:35,900 --> 00:24:39,300
be like probably morally tree.
You know, let's be honest, like

489
00:24:39,300 --> 00:24:41,500
you, are you probably looking at
poisoning kind of thing.

490
00:24:41,800 --> 00:24:46,600
But yes, certainly I would love
log that for at Whitford for the

491
00:24:46,600 --> 00:24:48,400
way to get.
So there's a lot of play in

492
00:24:48,400 --> 00:24:50,500
there were oracle's could leak
in with different Industries, to

493
00:24:50,500 --> 00:24:52,100
be bent to be beneficial.
Yeah.

494
00:24:52,500 --> 00:24:54,900
Yeah, I mean, the point of
bringing that up is to talk

495
00:24:54,900 --> 00:24:56,700
about scale, right?
And yay.

496
00:24:57,100 --> 00:25:01,800
You know, at a certain point in
this is that, you know, thinking

497
00:25:01,800 --> 00:25:06,300
of that scenario in the future
where companies attestations of

498
00:25:06,300 --> 00:25:09,300
their data being put through an
audit and that then being made

499
00:25:09,300 --> 00:25:13,200
available for others to rely
upon that were investment.

500
00:25:13,200 --> 00:25:16,200
Decisions are made that says
automatically I will invest in

501
00:25:16,200 --> 00:25:19,500
this.
If they hit their score, be this

502
00:25:19,500 --> 00:25:21,700
ESG measure, right?
You can build that into a smart

503
00:25:21,700 --> 00:25:24,500
contract data.
Anything yet just thinking

504
00:25:24,500 --> 00:25:27,200
through where this could all go
in that.

505
00:25:27,200 --> 00:25:30,200
You need to be able to have this
be highly automated.

506
00:25:30,200 --> 00:25:33,500
And in this scenario, in this
future, this is where data

507
00:25:33,500 --> 00:25:38,100
sources like Bloomberg, Reuters.
Any security Market data that

508
00:25:38,100 --> 00:25:42,400
those start getting fed through?
Yeah, you know, oracle and some

509
00:25:42,400 --> 00:25:45,400
are already, there are a number
of, you know, Financial Market

510
00:25:45,400 --> 00:25:47,300
data points that are going
through oracle's.

511
00:25:47,300 --> 00:25:50,400
Because there are smart contract
dependencies on those right now.

512
00:25:50,400 --> 00:25:54,100
Yes, on that point Owen.
How big can all of this get?

513
00:25:54,200 --> 00:25:56,600
And what does it look like when
you've got this?

514
00:25:57,000 --> 00:26:01,800
You know, critical mass of
impact focused investors as well

515
00:26:01,800 --> 00:26:06,300
as impact driven entrepreneurs?
Yes, part of the plan, do

516
00:26:06,300 --> 00:26:10,500
ecosystem.
Yeah, I saw scalability is, is

517
00:26:10,500 --> 00:26:13,300
probably one of our big, big
things in planned oil.

518
00:26:13,300 --> 00:26:16,300
It's the way we've, it makes
this very different voter

519
00:26:16,300 --> 00:26:17,800
people.
Actually, in the, you said, even

520
00:26:17,800 --> 00:26:19,900
for a code folding MVP in the
code, from the industry.

521
00:26:19,900 --> 00:26:23,600
Because the way that we've
designed Is that it prevents the

522
00:26:23,600 --> 00:26:26,400
duplication of a lot of
processes, especially pork a

523
00:26:26,408 --> 00:26:28,500
weighty process.
And so when you start thinking

524
00:26:28,500 --> 00:26:31,100
about these are thinking about
scale in any sort of kind of

525
00:26:31,100 --> 00:26:34,500
financial service technology,
whatever if the more so it

526
00:26:34,500 --> 00:26:37,400
hasn't been automated, then
you're going to run into

527
00:26:38,000 --> 00:26:40,400
Manpower problems, everything
between the scale the company.

528
00:26:40,400 --> 00:26:42,900
So scaling currently in the in
the industry means that you need

529
00:26:42,900 --> 00:26:45,900
a lot of people handle the kyc
and and and if you want to do

530
00:26:45,900 --> 00:26:48,300
multiple roles and he set up
with the same person, it's all

531
00:26:48,300 --> 00:26:52,200
duplication and triplication of
tripling of documents, right?

532
00:26:52,300 --> 00:26:54,400
Jacques Plante oil will moves,
all of that.

533
00:26:54,700 --> 00:26:56,800
So we digitized the optimal kind
of K.

534
00:26:56,800 --> 00:26:59,600
We see in poor scare easy
process, but because of the

535
00:26:59,600 --> 00:27:02,600
level of ourselves, our own
identity, this allows us to be

536
00:27:02,600 --> 00:27:05,600
much, much, much more scalable
and across were digital asset

537
00:27:06,000 --> 00:27:08,700
engine in the, in the middle,
which allows us to move into

538
00:27:08,700 --> 00:27:10,800
different types of assets, not
just, just Equity.

539
00:27:10,800 --> 00:27:13,500
We've actually built the to
support all types of funds fund,

540
00:27:13,500 --> 00:27:15,700
managers and financial services
and different types.

541
00:27:15,800 --> 00:27:19,600
So scaling is is, is honor is on
a raise.

542
00:27:19,600 --> 00:27:23,200
And yeah, we've built everything
to be massively, scalable Good.

543
00:27:23,200 --> 00:27:25,700
And I know that you originally
had built on top of hyper

544
00:27:25,700 --> 00:27:26,500
Ledger.
Yeah.

545
00:27:26,600 --> 00:27:28,800
Yeah.
And all you saw there was we

546
00:27:28,900 --> 00:27:33,200
were looking at probably the top
or ctOS is very differently for

547
00:27:33,200 --> 00:27:37,700
Ledger and he talks he loves us
I'm and we'd always kind of

548
00:27:37,708 --> 00:27:40,100
looked at the Enterprise that
was.

549
00:27:40,100 --> 00:27:41,800
So there's no point in us like
rolling off building.

550
00:27:41,800 --> 00:27:44,500
It is last Engine That Couldn't
scale into his two sons and

551
00:27:44,500 --> 00:27:47,900
institutions don't always like
to use public blockings.

552
00:27:48,200 --> 00:27:51,600
They for whatever good reasons
they like to use private

553
00:27:51,600 --> 00:27:54,800
blockchains and And as well for
us, there was this need for

554
00:27:54,800 --> 00:27:59,200
hybrid, you know, like so yeah.
We we had always been looking at

555
00:27:59,200 --> 00:28:01,700
her.
Originally, we had been starting

556
00:28:01,800 --> 00:28:03,900
with the core chains on Al Gore
and Bush.

557
00:28:03,900 --> 00:28:06,100
As we develop further, look like
those will be more of a need.

558
00:28:06,100 --> 00:28:08,600
So yeah, that that Hollywood
solution is possible.

559
00:28:08,600 --> 00:28:11,700
But at the moment where I grind
and and it needs, you can plug

560
00:28:11,700 --> 00:28:14,600
in over Ledger.
Yeah, I think it was something

561
00:28:14,600 --> 00:28:16,400
interesting.
You said to me offline about

562
00:28:16,400 --> 00:28:19,800
how, you know, the planter
platform has almost now not that

563
00:28:19,800 --> 00:28:21,800
has become detached from any
single one block chain.

564
00:28:21,800 --> 00:28:26,700
But Or less as is that you can
slide in and yes it integrate a

565
00:28:26,700 --> 00:28:29,500
number of different blockchain,
protocols depending upon the

566
00:28:29,500 --> 00:28:32,300
opportunities and where this is
all going at and it's the same

567
00:28:32,300 --> 00:28:35,900
with the database system.
So I mean, the this from says a

568
00:28:35,900 --> 00:28:38,700
couple weeks or although we are
just in this instance inaudible

569
00:28:38,700 --> 00:28:41,700
and the mechanism is there are
no, that should we need to run

570
00:28:41,700 --> 00:28:44,800
another instance of another
Block Chain than that would been

571
00:28:44,800 --> 00:28:45,700
next.
Are like, yeah.

572
00:28:45,700 --> 00:28:49,200
And it's the same with the
database system that we're aware

573
00:28:49,200 --> 00:28:52,100
that like, you know, we could go
to a net phrase, find and then

574
00:28:52,300 --> 00:28:53,400
It's a look.
We're already using this.

575
00:28:53,400 --> 00:28:54,600
These are show is database over
here.

576
00:28:54,600 --> 00:28:57,000
We love the other bits.
We need to bring this Willis,

577
00:28:57,000 --> 00:28:57,700
you know.
So yeah.

578
00:28:57,700 --> 00:29:01,200
That interoperability piece is
really like it over.

579
00:29:01,200 --> 00:29:03,600
We're trying to make playing
tools as well at the same time,

580
00:29:03,700 --> 00:29:05,900
you know?
So that interoperability thesis

581
00:29:05,900 --> 00:29:10,300
is very important and just to
make it real for folks as well.

582
00:29:10,400 --> 00:29:13,800
What are some of the examples of
the types of projects that you

583
00:29:13,800 --> 00:29:16,600
would want on on the planned or
platform?

584
00:29:17,100 --> 00:29:18,600
Yeah.
So we've been speaking with some

585
00:29:18,600 --> 00:29:21,300
some really cool ones like so
we've got like a boy acrylic

586
00:29:21,300 --> 00:29:23,500
design company.
For length, there was a company

587
00:29:23,500 --> 00:29:27,500
that left was looking to do a
high G capturing from solar

588
00:29:27,500 --> 00:29:30,100
panels, the cryogenically
freeze.

589
00:29:30,100 --> 00:29:33,000
So high there was more urgent
than cold air and they put in

590
00:29:33,000 --> 00:29:36,100
solar panels and I'll see the
higher purpose, solar energy

591
00:29:36,100 --> 00:29:38,000
foot, you're losing a bit of
Green Space there.

592
00:29:38,000 --> 00:29:39,400
And you're also creating excess
heat.

593
00:29:39,400 --> 00:29:42,600
So they capture the Heat and
they, and they the capturing it

594
00:29:42,600 --> 00:29:44,900
to, to reuse the hydrogen page
to load.

595
00:29:44,900 --> 00:29:48,200
Just as also look at retro fist,
where they can put this into

596
00:29:48,200 --> 00:29:51,900
Vehicles, sort of fully circular
capture, the whole thing in the

597
00:29:51,900 --> 00:29:54,000
sky.
Waters as they know the stood

598
00:29:54,000 --> 00:29:55,700
her up at the three different
types of businesses.

599
00:29:55,700 --> 00:29:58,000
This one is infrastructure and
one is capturing and their

600
00:29:58,000 --> 00:30:00,500
owners is retro feeling.
So each piece of this is

601
00:30:00,500 --> 00:30:03,300
actually quite a profitable
business but it's totally

602
00:30:03,300 --> 00:30:04,900
circular.
If you look at the UN

603
00:30:04,900 --> 00:30:08,800
sustainable, development goals,
it is like a big platter of

604
00:30:08,800 --> 00:30:11,800
different types of innovation
that can save under a path.

605
00:30:11,800 --> 00:30:14,800
And as a rule, we kind of say,
you know, okay, you've got your

606
00:30:14,800 --> 00:30:17,300
impact with you, meet all of
these goals as well, and that

607
00:30:17,300 --> 00:30:18,700
allows us to kind of categorize
them.

608
00:30:18,700 --> 00:30:21,800
So we've got things in education
and inclusive inclusivity.

609
00:30:21,800 --> 00:30:25,000
We've Look a broad range, so
I'll impaction of the big thing

610
00:30:25,000 --> 00:30:26,800
and then, you know, degradation
of side.

611
00:30:26,900 --> 00:30:30,100
So we've know, you know.
So there's a big variety there.

612
00:30:30,100 --> 00:30:33,800
That's one of the most exciting
pieces that keeps me going.

613
00:30:33,800 --> 00:30:36,700
Like, every time we go read a
company, it's never the same.

614
00:30:37,100 --> 00:30:39,500
It's never the same.
And that's why I think we're on

615
00:30:39,500 --> 00:30:43,200
the edge of the circular
thinking, you know, students

616
00:30:43,200 --> 00:30:45,500
just completely changing like
actually heard yesterday that

617
00:30:45,500 --> 00:30:48,000
they fear.
The sustainability class known

618
00:30:48,100 --> 00:30:51,300
in second in secondary school
nerd watches, which is great,

619
00:30:51,300 --> 00:30:53,700
you know what I mean?
So I, yeah, Yeah, like the level

620
00:30:53,700 --> 00:30:56,100
of innovation is insane.
It is insane.

621
00:30:56,100 --> 00:30:58,400
And, and there's other types of
things that, you know, are just

622
00:30:58,400 --> 00:31:01,600
big in the market.
And in like, you know, people

623
00:31:01,600 --> 00:31:05,500
are replacing polystyrene.
Oh, Westwick mycelium from from

624
00:31:05,500 --> 00:31:07,400
mushrooms, you know.
So if you look at mushrooms,

625
00:31:07,400 --> 00:31:10,900
when they grow the roots, are
like really find cleaned, then

626
00:31:10,900 --> 00:31:15,000
smash, you can just go out into
a mold right into place is far

627
00:31:15,000 --> 00:31:16,900
less tired.
You've got a crop and that

628
00:31:16,900 --> 00:31:19,800
difficulties are colors, are
like, you've got food crop and

629
00:31:19,800 --> 00:31:23,500
talked obviously doing its bit
and And at the bottom the way it

630
00:31:23,500 --> 00:31:27,100
should actually polystyrene cup
which no takes that plastic out

631
00:31:27,100 --> 00:31:28,500
of the package.
It.

632
00:31:28,500 --> 00:31:31,800
So others are really really,
really exciting list of stuff.

633
00:31:31,800 --> 00:31:34,500
Turn to go on.
Great great.

634
00:31:34,500 --> 00:31:35,900
Yeah, we got it.
We got to get the kids to roll

635
00:31:35,900 --> 00:31:38,100
in here.
Like I don't let my kids away

636
00:31:38,100 --> 00:31:41,600
with putting things into the
wrong PIN in the kitchen and

637
00:31:41,600 --> 00:31:43,600
that it's got to go in the
recycling bin or it's got to go

638
00:31:43,600 --> 00:31:44,900
in the composting banners, got
it.

639
00:31:44,900 --> 00:31:46,900
Yes, probably been banned the
trash bin.

640
00:31:47,400 --> 00:31:50,800
Yeah, you know.
So I yeah, we're getting that.

641
00:31:50,800 --> 00:31:55,200
We can see, it's important to
get this into the kids early,

642
00:31:55,200 --> 00:31:59,000
big thing, big thing and I think
the kids get a few know, I think

643
00:31:59,000 --> 00:32:01,600
the kids really get it, it just
seemed to be on top of their

644
00:32:01,600 --> 00:32:03,400
game kids, these days.
Yeah.

645
00:32:05,100 --> 00:32:06,700
Is it good thing to bring you
into the good?

646
00:32:06,700 --> 00:32:09,200
Three it back to bring it back
to what's in front of you right

647
00:32:09,200 --> 00:32:10,600
now.
Oh, and what do you think is the

648
00:32:10,600 --> 00:32:13,100
number one challenge for
applying Doyle raising funds?

649
00:32:13,100 --> 00:32:16,700
And its environment is as being
is gone is tough, you know?

650
00:32:16,700 --> 00:32:19,900
And I love just all from the
precede ruined, our very first

651
00:32:19,900 --> 00:32:24,200
round ever selling actually.
So, yeah, I think in the in

652
00:32:24,200 --> 00:32:26,500
August, I was looking a bit
rough, but no, it's a was

653
00:32:27,300 --> 00:32:30,200
looking of a broiler, but that's
going to be talked of point for

654
00:32:30,200 --> 00:32:32,800
us.
I mean, we are regulated, so

655
00:32:32,800 --> 00:32:34,400
sheep.
So we We have already done that

656
00:32:34,400 --> 00:32:36,600
and how we can how we can get
there really coming.

657
00:32:36,600 --> 00:32:39,200
So here you're becoming
regulated will be calling

658
00:32:39,200 --> 00:32:41,700
regulates, our guests will be
coming regulator than we have

659
00:32:41,700 --> 00:32:44,500
valued and how we will get there
and how we will achieve that

660
00:32:44,500 --> 00:32:48,000
peace, which was a challenge in
top ability to figure out in ya

661
00:32:48,000 --> 00:32:51,100
know, we're ready to rock and
roll so hopefully we can get

662
00:32:51,100 --> 00:32:52,700
that at the first investor on
board.

663
00:32:53,000 --> 00:32:56,600
Yeah, well it's an interesting
context because when you're

664
00:32:56,600 --> 00:32:59,700
working with a bunch of
companies that are in the web

665
00:32:59,700 --> 00:33:05,400
three space like like I do in
that the toe, And sale vehicle

666
00:33:05,600 --> 00:33:08,600
is generally had been in the
last number of years.

667
00:33:08,900 --> 00:33:13,100
A big big option for companies
that were raising in the space,

668
00:33:13,100 --> 00:33:17,200
but to do that, you need a token
to be at the core of your value

669
00:33:17,200 --> 00:33:19,400
proposition for it to be
credible, right?

670
00:33:19,400 --> 00:33:21,000
Yeah.
It needs to be that there is

671
00:33:21,000 --> 00:33:23,800
utility to the Token.
It is absolutely necessary.

672
00:33:23,800 --> 00:33:27,700
It is part of it is part and
parcel with the ability to bring

673
00:33:27,700 --> 00:33:30,200
users and developers to your
platform planned.

674
00:33:30,200 --> 00:33:32,400
Oil is different, right?
Yes.

675
00:33:32,400 --> 00:33:33,300
Yeah.
We're gonna piss.

676
00:33:33,500 --> 00:33:35,600
Us from the coral.
Yeah, exactly.

677
00:33:35,900 --> 00:33:40,000
So detaching planned oil and the
fundraising prospects from it

678
00:33:40,200 --> 00:33:45,500
from the perceptions of the
token market right now if he's

679
00:33:45,500 --> 00:33:49,500
an absolutely critical storyline
to pursue right big thing.

680
00:33:49,500 --> 00:33:51,100
Yeah.
And look, it kind of.

681
00:33:51,400 --> 00:33:55,000
So, look, I mean we've been with
softeners and we've all been

682
00:33:55,000 --> 00:33:57,700
working in the blockchain space
for a for a long time, you know?

683
00:33:57,700 --> 00:34:01,400
As well as also haven't liked
older business experience of

684
00:34:01,400 --> 00:34:04,400
presents experiences from like
all the All database type

685
00:34:04,400 --> 00:34:07,000
systems for bikes and stuff but
it was like there might be a bit

686
00:34:07,000 --> 00:34:10,400
of maturity there that we can
see the regulations that need to

687
00:34:10,400 --> 00:34:12,400
happen, right?
You can you can talk with you

688
00:34:12,400 --> 00:34:15,500
centralization, stuff like that,
all you want but at the core of

689
00:34:15,500 --> 00:34:19,300
the people talk with
Distributing wealth and if

690
00:34:20,600 --> 00:34:23,400
people who are Savvy with the
technology or going to take

691
00:34:23,600 --> 00:34:27,300
wealth and use it against what
it's meant to be doing right

692
00:34:27,500 --> 00:34:29,000
there.
You know, we've got some

693
00:34:29,000 --> 00:34:32,500
problems.
So sorry, identity is kind of

694
00:34:32,500 --> 00:34:35,199
weirdly this kind of Cobra
solution for web treat people

695
00:34:35,199 --> 00:34:38,100
were again, it go, okay, look, I
know that way data is protected,

696
00:34:38,199 --> 00:34:41,100
know the proof in which they
need to operate in the system,

697
00:34:41,199 --> 00:34:43,500
I'm happy to give that but I
don't have to wear the sensitive

698
00:34:43,500 --> 00:34:45,800
data.
We I think that this is this the

699
00:34:45,800 --> 00:34:48,800
high resolution of her like your
Web Two Worlds day out they

700
00:34:48,800 --> 00:34:50,100
won't care.
What's up solving, identity

701
00:34:50,100 --> 00:34:53,199
means they just need nor that
they needed to operate in this

702
00:34:53,199 --> 00:34:57,500
new digital world and for the
decentralized Hedge like they

703
00:34:57,500 --> 00:35:00,100
know what you're not as proof
is, and it's and it's this

704
00:35:00,600 --> 00:35:03,700
bridge for them, you know, so
within the time Delilah, You

705
00:35:03,700 --> 00:35:06,600
know, we plan on using Imani.
So we'll have I banned for

706
00:35:06,800 --> 00:35:10,200
traditional fee users, but we
also like we're building a brand

707
00:35:10,200 --> 00:35:11,600
blockchains.
You'll also be able to see Rio

708
00:35:11,600 --> 00:35:13,800
Grande.
A should your ASAS Advanced

709
00:35:13,800 --> 00:35:15,800
Android assets, which are a
beautiful day to be like,

710
00:35:15,800 --> 00:35:18,800
hydrants and related assets,
allowed us to not.

711
00:35:18,800 --> 00:35:21,000
We don't have to use a Smart
contract in this instance,

712
00:35:21,000 --> 00:35:23,500
because we can fill all the
directory functions into the

713
00:35:23,500 --> 00:35:25,800
active between clawback and
freeze functions and things like

714
00:35:25,808 --> 00:35:27,200
that, right?
So they took this is really

715
00:35:27,200 --> 00:35:28,700
cool.
Like this is, this is one of the

716
00:35:28,700 --> 00:35:32,000
big things for us real ground,
as well as I had mentioned it

717
00:35:32,000 --> 00:35:33,300
already.
Yeah, I know you.

718
00:35:33,400 --> 00:35:42,600
Have so today I'll go farm.
Absolutely, of course, a big

719
00:35:44,500 --> 00:35:49,200
group and draw an errors and
that helped make it all possible

720
00:35:49,200 --> 00:35:51,900
as well as and and are tipping
away and working away all the

721
00:35:51,900 --> 00:35:53,100
time.
Absolutely.

722
00:35:53,100 --> 00:35:55,400
Listen.
You know, I'm the last question

723
00:35:55,400 --> 00:35:57,700
I have for you today is going to
be the question that we asked

724
00:35:57,700 --> 00:35:59,700
everybody that comes on to this
podcast.

725
00:35:59,700 --> 00:36:03,300
And that is what is one thing
that people wouldn't expect it.

726
00:36:03,800 --> 00:36:07,300
About Ono, Driscoll.
The think of this painting,

727
00:36:07,300 --> 00:36:09,600
there's probably a few of them,
but I was very small.

728
00:36:09,600 --> 00:36:11,900
I got a Fleek.
I think I'm gonna vote for, and

729
00:36:11,900 --> 00:36:13,900
against Christians and they
thought I was open.

730
00:36:14,100 --> 00:36:17,100
Open the on the 510, on the
wake, and a phono close up and

731
00:36:17,100 --> 00:36:21,900
said, take another part, whether
you think that thought it was

732
00:36:21,900 --> 00:36:24,700
never a torn up like afterwards.
I don't remember.

733
00:36:24,700 --> 00:36:26,600
Hope so much of the bike.
I got taken a pair of Polly.

734
00:36:26,600 --> 00:36:29,100
Do I distinctly remember that
side and falling off a few times

735
00:36:29,100 --> 00:36:33,800
if that was just a, a sign of
your Natural Curiosity, as to

736
00:36:33,800 --> 00:36:37,500
how things work, is that idiot.
DHA were likely.

737
00:36:37,500 --> 00:36:46,200
But well my, you know I similar
garage story throughout the shed

738
00:36:46,200 --> 00:36:49,500
garage as we called it.
When I was a kid is that I might

739
00:36:49,500 --> 00:36:52,200
have been too.
And my mom was looking for me,

740
00:36:52,200 --> 00:36:56,700
couldn't couldn't find me.
I had taken the big jar of

741
00:36:56,700 --> 00:37:01,000
marshmallow fluff and I brought
it out to the garage.

742
00:37:01,000 --> 00:37:04,000
And I sat on the step that
connected the Breezeway to the

743
00:37:04,000 --> 00:37:06,200
garage, and I put the jar of
marshmallow.

744
00:37:06,300 --> 00:37:09,000
Mellow fluff on the ground.
And she came and found me and I

745
00:37:09,008 --> 00:37:13,800
was buried up to my elbows and
marshmallow fluff, just taking

746
00:37:13,800 --> 00:37:17,000
it all in.
That wasn't a pretty plate.

747
00:37:17,000 --> 00:37:19,200
But oh God.
Yeah, the optimal.

748
00:37:19,200 --> 00:37:24,000
I know, it's one of my earliest,
it's one of my earliest memories

749
00:37:24,000 --> 00:37:26,800
because I remember the vision my
I don't think my mom never took

750
00:37:26,800 --> 00:37:28,800
a picture of it or anything, but
but but it's in there.

751
00:37:28,800 --> 00:37:30,900
So if it weren't fuck, they're
here.

752
00:37:31,300 --> 00:37:34,600
Marshmallow fluff is made with
some pretty environmentally

753
00:37:34,600 --> 00:37:39,500
unfriendly stuff.
So Yeah, they might.

754
00:37:39,500 --> 00:37:41,700
Let's see if we can get
marshmallow fluff.

755
00:37:41,700 --> 00:37:44,000
You have PSG scoring.
Yeah, there you go ahead call.

756
00:37:44,000 --> 00:37:47,100
Do you know about Divya probably
end up being banned?

757
00:37:48,300 --> 00:37:49,400
I know.
I know.

758
00:37:49,400 --> 00:37:52,100
Well, it's, you know, and it was
awesome to dig into this with

759
00:37:52,100 --> 00:37:53,400
you.
So thank you so much for coming.

760
00:37:53,400 --> 00:37:56,900
And I'll show absolute pleasure,
Pete, entitled in front of me

761
00:37:56,900 --> 00:38:00,500
only, I actually really enjoyed
in the world to tighten it down.

762
00:38:00,500 --> 00:38:09,100
Oh my pleasure.
That does it for this week

763
00:38:09,100 --> 00:38:10,600
folks.
Thanks 2010, Driscoll for

764
00:38:10,600 --> 00:38:12,000
opening up.
His mind to help us figure out

765
00:38:12,000 --> 00:38:14,100
why he does.
What he does links get in touch

766
00:38:14,100 --> 00:38:15,500
with Owen.
Had learned more about planned

767
00:38:15,500 --> 00:38:17,900
oil or in the show notes on our
website money, never sleeps,

768
00:38:17,900 --> 00:38:19,600
that IE.
So, check us out online.

769
00:38:20,000 --> 00:38:22,500
Also, thanks to Kona Brophy from
creates, an for mixing and

770
00:38:22,500 --> 00:38:25,500
editing this episode.
Coney is an excellent medium and

771
00:38:25,500 --> 00:38:27,300
to get in touch with when you're
thinking about launching your

772
00:38:27,300 --> 00:38:29,900
own podcast.
As for me, I'm an early stage,

773
00:38:29,900 --> 00:38:32,300
startup investor focused on
where fintech meets crypto and

774
00:38:32,300 --> 00:38:34,600
crypto meets with three.
If you like to talk to me about

775
00:38:34,600 --> 00:38:36,200
your business, drop me a line on
info.

776
00:38:36,300 --> 00:38:38,500
Go at money.
Never sleeps that I eat finally

777
00:38:38,500 --> 00:38:40,100
till next time.
Thanks for listening.

778
00:38:40,100 --> 00:38:40,600
See you