Latest / The Paul Barron Crypto Show / OpenAI + Hedera?🚀$HBAR INTERVIEW🔥

Transcript

OpenAI + Hedera?🚀$HBAR INTERVIEW🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: All right, today we're going to dive into a project
• 0:02
  Speaker 1: out there many of you have asked about, and that
• 0:03
  Speaker 1: is HIDERA welcome back into the show.
• 0:05
  Speaker 2: My name is Paul Barron. Let's get into it today.
• 0:07
  Speaker 1: I do want to thank our sponsor, and that of
• 0:09
  Speaker 1: course is Gemini. Gemini now has an available credit card
• 0:13
  Speaker 1: that you guys can jump to if you visit Gemini
• 0:15
  Speaker 1: dot com forward slash credit dash card. You can of
• 0:18
  Speaker 1: course click the link down below as well. But there's
• 0:20
  Speaker 1: a lot happening here. Of course, Gemini is now giving
• 0:24
  Speaker 1: you bitcoin rewards, so there's a lot there available. You
• 0:27
  Speaker 1: don't even take a credit hit if you want to
• 0:28
  Speaker 1: check and see if you're eligible for this, so check
• 0:31
  Speaker 1: it out.
• 0:31
  Speaker 2: Using the link.
• 0:31
  Speaker 1: And another cool thing that they do offer is a
• 0:34
  Speaker 1: pretty good stack of rewards. So these are the rewards
• 0:37
  Speaker 1: that they're paying on the credit card. Four percent mostly
• 0:39
  Speaker 1: on gas, ev charging all your transit and ride shair
• 0:44
  Speaker 1: as well as three percent on dining. Also, last up
• 0:49
  Speaker 1: here is you can actually select the crypto that you
• 0:51
  Speaker 1: actually want to use, so it's very flexible, very easy
• 0:55
  Speaker 1: to get started on it. Just use our link download
• 0:56
  Speaker 1: to get started. All right, let's go into it. Hadera
• 0:59
  Speaker 1: has been a project that we've had on the show
• 1:01
  Speaker 1: many times, and I want to kind of just get
• 1:03
  Speaker 1: into more detail.
• 1:05
  Speaker 2: I have questions. There's always concerns.
• 1:07
  Speaker 1: About every project I look at, and the best way
• 1:11
  Speaker 1: to answer those is to get people on the show.
• 1:13
  Speaker 1: If you take a look currently on TBL within Hadara,
• 1:17
  Speaker 1: you can kind of see a little bit of sideways
• 1:19
  Speaker 1: growth here. So that's a real question in terms of
• 1:22
  Speaker 1: is the chain continuing to grow. There are scenarios that
• 1:26
  Speaker 1: we'll cover today and we'll get a chance to talk
• 1:29
  Speaker 1: with their chief business officer a little bit into this.
• 1:31
  Speaker 1: I want to play a clip for you guys, so
• 1:34
  Speaker 1: it kind of sets things up before we bring them in.
• 1:35
  Speaker 1: Take a look and I look at this and I go, gosh,
• 1:39
  Speaker 1: why are we not seeing higher staking rates?
• 1:42
  Speaker 3: I'm actually not sure why. I'm sure there is objections
• 1:45
  Speaker 3: out there for some reason, but I just don't know them.
• 1:47
  Speaker 3: Whatever objections they are, there are in the government council
• 1:50
  Speaker 3: or elsewhere. I would like those to be brought forward
• 1:53
  Speaker 3: and discuss publicly, but you should have them on and
• 1:55
  Speaker 3: maybe you can get some more information.
• 1:56
  Speaker 1: We will ask that question to him, all right, So
• 2:00
  Speaker 1: there you go. We're going to ask that question and
• 2:02
  Speaker 1: why are we getting better staking rewards? So I do
• 2:04
  Speaker 1: want to bring on the chief business officer over at Hidera,
• 2:08
  Speaker 1: Greg Bell.
• 2:08
  Speaker 2: How are you well?
• 2:09
  Speaker 4: Thanks?
• 2:09
  Speaker 1: Excellent, excellent. So Greg, let's get into a couple of points.
• 2:13
  Speaker 1: I want to jump over to that very issue, and
• 2:16
  Speaker 1: staking is one of the key things that seems to
• 2:18
  Speaker 1: be in the market right now.
• 2:20
  Speaker 2: With HBAR.
• 2:21
  Speaker 1: You are able to stake it over on statter U.
• 2:25
  Speaker 1: There are some things within it that you can do,
• 2:28
  Speaker 1: but there are also some limitations. First of all, do
• 2:31
  Speaker 1: you think that we're going to see more platforms offering
• 2:33
  Speaker 1: staking services in the DeFi ecosystem for Hidera.
• 2:37
  Speaker 4: Certainly, over time, I think there's going to be more
• 2:39
  Speaker 4: and more projects and companies that will be building on Hendera,
• 2:42
  Speaker 4: and certainly the staking will be part of those components
• 2:46
  Speaker 4: and offerings. So I would expect that to grow as
• 2:50
  Speaker 4: just overall support of ADERA continues to grow, and we've
• 2:54
  Speaker 4: seen that just recently. You know, the listings of by
• 2:59
  Speaker 4: Robinhood and back of hbar are really exciting for the ecosystem,
• 3:02
  Speaker 4: and so I expect to see more and more development
• 3:06
  Speaker 4: and support broadly.
• 3:07
  Speaker 1: I was looking at if you were to go in
• 3:10
  Speaker 1: and get some liquid staking going. Of course right there
• 3:13
  Speaker 1: you get hbar X, but USDC definitely not on the
• 3:17
  Speaker 1: front line, which I think has been one of the
• 3:19
  Speaker 1: big targets for a lot of people. Anything special that
• 3:22
  Speaker 1: you guys are doing to help kind of foster growth.
• 3:24
  Speaker 4: Well, it's a public network, so of course anybody can
• 3:27
  Speaker 4: come and deploy on hinder Hendera's got a number of
• 3:30
  Speaker 4: different programming languages that are accessible, which makes it one
• 3:33
  Speaker 4: of the premiere protocols to build on. I would say
• 3:38
  Speaker 4: that what makes it really unique and why when an
• 3:41
  Speaker 4: enterprise a fortune five hundred is choosing a chain they
• 3:44
  Speaker 4: choose Hidera is because of the institutional adoption. Right Handera
• 3:48
  Speaker 4: is run by a network of global Fortune five hundred companies.
• 3:53
  Speaker 4: It's a combination of a low predictable fees and the accessibility,
• 3:59
  Speaker 4: and so it's a great place for any builder to
• 4:02
  Speaker 4: come and interact.
• 4:04
  Speaker 1: So okay, so one good thing I think when I
• 4:07
  Speaker 1: was looking at just some of the scenarios that are
• 4:10
  Speaker 1: playing out here within hbar is the core developers are growing.
• 4:15
  Speaker 1: I was looking at token terminal here just to give
• 4:17
  Speaker 1: an example. This kind of shows right now that Haadera
• 4:21
  Speaker 1: is holding a position of number three, I'll kind of
• 4:23
  Speaker 1: zoom in on that so everybody can see so third
• 4:26
  Speaker 1: behind other l ones out there. What do you attribute
• 4:30
  Speaker 1: the growth on developers into the ecosystem and what are
• 4:34
  Speaker 1: they building?
• 4:34
  Speaker 4: Yeah, I mean it's one of the key components that
• 4:36
  Speaker 4: we really think about as a protocol as a whole.
• 4:40
  Speaker 4: There's a number of different open source studios that help
• 4:43
  Speaker 4: to accelerate the adoption of various use cases. Whether those
• 4:46
  Speaker 4: are stable coin, the stable coin studio, whether that's Acid
• 4:49
  Speaker 4: tokenization or AI. Those are some of the three big
• 4:52
  Speaker 4: verticals we've seen a significant amount of adoption and developer interest.
• 4:56
  Speaker 4: As a foundation, our role really is to help to
• 4:59
  Speaker 4: ease the burden of deploying any technology, and that can
• 5:02
  Speaker 4: come through integration assistance, that can come through technology assistance,
• 5:08
  Speaker 4: and so the growth of the core team is vital
• 5:12
  Speaker 4: and we're really excited about all the work that has
• 5:14
  Speaker 4: occurred so far.
• 5:15
  Speaker 1: AI is one you mentioned a couple others with stable coin,
• 5:19
  Speaker 1: et cetera. Which is there one that is stronger than
• 5:23
  Speaker 1: all of them in terms of potential growth on developers.
• 5:26
  Speaker 4: So if we look in sort of the rear view
• 5:29
  Speaker 4: mirror and one of the studios which is called the Guardian,
• 5:32
  Speaker 4: the Hydera Guardian has been heavily used from the sustainability side,
• 5:35
  Speaker 4: and that's providing digitally measurable, verifiable data. And I think
• 5:41
  Speaker 4: that is one of the key areas where if there's
• 5:44
  Speaker 4: a trust problem that's being solved, then a Hydera is
• 5:48
  Speaker 4: an excellent tool. But also to financial markets. And so
• 5:52
  Speaker 4: when I think about Hydera, it is a technology that
• 5:57
  Speaker 4: is uniquely positioned and optimized for financial services. And really
• 6:01
  Speaker 4: that comes down to scalability, It comes down to the
• 6:05
  Speaker 4: fee structure, and it comes down to the regulatory compliance.
• 6:09
  Speaker 4: But also have a scenario where there's no front running,
• 6:13
  Speaker 4: right what we call in the blockchain space maximums practical
• 6:19
  Speaker 4: value that doesn't exist there, and that's a key point
• 6:22
  Speaker 4: for financial services. If you're talking about a tokenization of
• 6:24
  Speaker 4: a security, the ability to front run, well, that's infrastructure
• 6:28
  Speaker 4: that is regulatory a regulatory nightmare, and it's one that
• 6:34
  Speaker 4: one of the talking points for a dare that really
• 6:36
  Speaker 4: is unique. You can also think about the ability to
• 6:38
  Speaker 4: budget for transactions that you're talking to a fortune five
• 6:40
  Speaker 4: hundred c CFO. They want to know what Ultimately, the
• 6:45
  Speaker 4: deployment of this technology stack is going to cost them,
• 6:47
  Speaker 4: and so being able to budget appropriately for known transactions
• 6:51
  Speaker 4: is a key.
• 6:52
  Speaker 1: So you're mentioning a couple of things there. One of
• 6:56
  Speaker 1: course is the fee architecture, and you know, I would
• 6:59
  Speaker 1: say to your credit that that has been the case.
• 7:01
  Speaker 1: But obviously you guys put out a tweet that started
• 7:06
  Speaker 1: or I guess is getting ready to start in January
• 7:08
  Speaker 1: twenty sixth. This is this is amplifying the price. Is
• 7:12
  Speaker 1: this something that has been planned in the roadmap? What
• 7:15
  Speaker 1: can you kind of give me an example of why
• 7:17
  Speaker 1: this is occurring.
• 7:18
  Speaker 4: So we're still talking about a fraction of a sense,
• 7:21
  Speaker 4: so that it's on a per transaction basis, so it's
• 7:23
  Speaker 4: still quite quite affordable. It's a low predictable fee and
• 7:28
  Speaker 4: that people are able to budget for. But ultimately, the
• 7:31
  Speaker 4: decisions of how the network is operated in this capacity
• 7:36
  Speaker 4: comes from the Council of Governance members and so these
• 7:40
  Speaker 4: are the fortune five hundred companies that are running and
• 7:43
  Speaker 4: so changes like this are put forth. And I would
• 7:46
  Speaker 4: encourage your user base to go to Hydera dot com
• 7:50
  Speaker 4: and you can see the minutes related to these meetings.
• 7:53
  Speaker 4: You know, the governance of a decentralized network that is
• 7:56
  Speaker 4: run by institutions is a different sort of structure than
• 8:01
  Speaker 4: other public networks. But it's right to be able to
• 8:04
  Speaker 4: read the minutes, You're able to look exactly up to
• 8:07
  Speaker 4: you know, how different organizations approached this very question around
• 8:11
  Speaker 4: the fee structure.
• 8:12
  Speaker 2: Was this the first time that the fee structure had
• 8:14
  Speaker 2: been changed?
• 8:17
  Speaker 4: You know, I would have to look back. You know,
• 8:19
  Speaker 4: I've been with the organization over the last year and
• 8:21
  Speaker 4: a half, and certainly during my tenure, there has not
• 8:24
  Speaker 4: been a fee structure change.
• 8:26
  Speaker 1: There's no been Okay, so I guess you know when
• 8:28
  Speaker 1: you look at all these major Fortune five hundred companies,
• 8:31
  Speaker 1: to your point is that they are concerned about how
• 8:34
  Speaker 1: these structures are built. Granted these are very low fees, Yes,
• 8:37
  Speaker 1: I get that, but at some point is there, you know,
• 8:41
  Speaker 1: the potential for this to get changed again down the road.
• 8:45
  Speaker 4: Right, So any change to the network in this way
• 8:48
  Speaker 4: would be subject to the governing council making that determination,
• 8:52
  Speaker 4: and you know they could from time to time make
• 8:55
  Speaker 4: alterations to the protocol as a whole.
• 8:59
  Speaker 1: Okay, let's talk about AI because this is an area
• 9:02
  Speaker 1: that is starting to explode around a lot of blockchains.
• 9:05
  Speaker 1: You guys also put out a tweet here spending some
• 9:08
  Speaker 1: time at open AI. There Sam Altman right there with
• 9:11
  Speaker 1: I guess the Hedera team. When you look at this image,
• 9:15
  Speaker 1: Sam Alman's actually in a room where you guys are
• 9:18
  Speaker 1: talking to So is this real? Is this something that
• 9:20
  Speaker 1: you guys were able to present to open AI and
• 9:23
  Speaker 1: talk about whether it's a partnership or an involvement. Give
• 9:26
  Speaker 1: me a little bit more context here.
• 9:29
  Speaker 4: Yeah, so this is this is a real photo. It's
• 9:32
  Speaker 4: not been digitally altered to my to my knowledge and
• 9:35
  Speaker 4: an a capacity. And yes, we had a member of
• 9:38
  Speaker 4: the Hydera Foundation that was participating in meetings with Sam
• 9:44
  Speaker 4: sam Altman, And you know, the real focus here is
• 9:47
  Speaker 4: around you know AI. Hedera is an incredible tool for
• 9:54
  Speaker 4: AI when it comes to addressing trust problems. And the
• 9:56
  Speaker 4: reality is, I think that when we accelerate so much
• 10:01
  Speaker 4: of our of our lives through deploying AI, there is
• 10:05
  Speaker 4: hallucinations which we've all seen, all seen. There is a
• 10:08
  Speaker 4: lack of transparency around the auditibility of of how models
• 10:13
  Speaker 4: are producing outputs. And you know, Hadera is an excellent
• 10:18
  Speaker 4: solution for providing an audit trail. We've seen that through
• 10:21
  Speaker 4: projects like Equity Labs that have foreign partnerships with our
• 10:25
  Speaker 4: collaborations with Intel as well as in video. And you know,
• 10:29
  Speaker 4: the Nvidia Blackwell chip is embedding within the silicon a
• 10:34
  Speaker 4: means for recording the verifiable compute. And that's that's a
• 10:39
  Speaker 4: way to address a trust problem that we all encounter
• 10:42
  Speaker 4: with AI around how do we know what is real?
• 10:45
  Speaker 4: What what inputs when into models? And you know, how
• 10:50
  Speaker 4: do we validate that? And so you know it's a
• 10:52
  Speaker 4: match made in heaven there for sure.
• 10:54
  Speaker 1: Okay, So I have to ask this question, is open
• 10:56
  Speaker 1: AI potentially one of the next council members?
• 11:00
  Speaker 4: And I can't speak directly to new council members. That's
• 11:04
  Speaker 4: a process by which the other governing council members ultimately
• 11:07
  Speaker 4: vote in. But are we are very focused on seeing
• 11:12
  Speaker 4: the expansion of the governing councils.
• 11:14
  Speaker 1: All right, Well, AI is obviously going to be a
• 11:16
  Speaker 1: mark an area that I think most blockchain companies are
• 11:19
  Speaker 1: going to start to integrate into. So hopefully that is
• 11:22
  Speaker 1: on the roadmap for you guys. Also on the roadmap
• 11:25
  Speaker 1: for you guys, of course, is the White House Crypto Report.
• 11:28
  Speaker 1: Though it was a footnote. I'll just bring it in.
• 11:32
  Speaker 1: At least Adera was mentioned here, especially around the DeFi stack,
• 11:36
  Speaker 1: So this is good I think for Hadera in general.
• 11:39
  Speaker 1: Any blockchain that was mentioned in this report, I think
• 11:41
  Speaker 1: is showing that the White House and the administration at
• 11:44
  Speaker 1: least know a little bit more about what's going on
• 11:46
  Speaker 1: in the ecosystem. Explain to me what this might mean
• 11:51
  Speaker 1: for you guys, and is there anything you can reveal
• 11:54
  Speaker 1: to us about Hadera's involvement with the administration.
• 11:57
  Speaker 4: Well, I've been down in DC multiple times over the
• 12:01
  Speaker 4: last year, and I think the reality is that the
• 12:04
  Speaker 4: the tone of of the government in the response to
• 12:08
  Speaker 4: this industry has been dramatically different from prior administrations, and
• 12:13
  Speaker 4: that's that's welcomed. We're seeing the legislation that we were
• 12:16
  Speaker 4: hoping to have, you know, the ground rules that will
• 12:20
  Speaker 4: enable the adoption by institutions. And so this is really
• 12:24
  Speaker 4: what I would say this is all about. It's providing
• 12:27
  Speaker 4: the clarity that institutions that need in order to deploy technology.
• 12:33
  Speaker 4: The fact that Hidera was founded by two Americans that
• 12:39
  Speaker 4: were veterans from the armed forces, that does not go
• 12:44
  Speaker 4: unnoticed in in d C and so I think the
• 12:48
  Speaker 4: reference within this report is validation of, you know, the
• 12:53
  Speaker 4: the importance of HIDERA for you know, the American policy.
• 12:58
  Speaker 2: For sure.
• 12:59
  Speaker 1: I'm going to go back to the Council members because
• 13:01
  Speaker 1: there was a new one that I noticed you guys
• 13:03
  Speaker 1: had just put on Arrow. I don't know who this
• 13:06
  Speaker 1: company is. Can you give me a breakdown of what
• 13:08
  Speaker 1: they do?
• 13:09
  Speaker 2: Who they are?
• 13:10
  Speaker 4: Sure? So Arrow is a Fortune five hundred if not
• 13:13
  Speaker 4: Fortune one hundred or two hundred company. They are based
• 13:18
  Speaker 4: in the United States. They do electronics and not only
• 13:20
  Speaker 4: providing electronics and semiconductors, but they also have a huge
• 13:24
  Speaker 4: supply chain component to their business. So we're really excited
• 13:28
  Speaker 4: about their focus both with technology but on the supply
• 13:31
  Speaker 4: chain side and how a deer can fit within, you know,
• 13:36
  Speaker 4: their business stack. And so when when companies join the
• 13:41
  Speaker 4: Government Council, it is both an expectation to operate a
• 13:44
  Speaker 4: node and validate transactions, right that is part of the
• 13:47
  Speaker 4: physical component of what they do. They provide governance and
• 13:51
  Speaker 4: oversight in terms of the path of how a dea
• 13:55
  Speaker 4: is operated on an ongoing basis, But then there's also deployments,
• 13:59
  Speaker 4: and so the deploy events are an exciting way for
• 14:03
  Speaker 4: these companies like Aero to be at the table with
• 14:07
  Speaker 4: the developers, the core developers, at the table with other
• 14:11
  Speaker 4: enterprises that are looking at how they utilize HDERA for
• 14:16
  Speaker 4: various use cases. And so you know, Arrow is a
• 14:20
  Speaker 4: market leader and we're really excited that they have come
• 14:24
  Speaker 4: onto the council.
• 14:25
  Speaker 1: Speaking of semiconductors. Uh, this of course is Equity lab
• 14:30
  Speaker 1: involvements around Nvidia, and then there's also some others here
• 14:35
  Speaker 1: that potentially are connected and one of them is Palenteer.
• 14:38
  Speaker 1: I was looking at this is HDERA involved with these
• 14:42
  Speaker 1: companies right now?
• 14:44
  Speaker 4: Yeah, so these are you know, the the some of
• 14:46
  Speaker 4: the enterprises that Equity Labs has has been engaging with.
• 14:51
  Speaker 4: They include Service Now which also council and so the
• 14:56
  Speaker 4: the way that you know, the Headera Foundation works is
• 15:00
  Speaker 4: to really support entrepreneurs, sport businesses, and so you know,
• 15:05
  Speaker 4: we're here to assist Equity Lab in any way we
• 15:08
  Speaker 4: possibly can as they grow their business. You know, one
• 15:12
  Speaker 4: of the exciting applications that was recently announced was their
• 15:16
  Speaker 4: involvement with Accenture and Accenture's ability to continue to grow
• 15:22
  Speaker 4: their business model at Equity Labs by providing a solution
• 15:27
  Speaker 4: to some of the customers of Eccentric and so I
• 15:31
  Speaker 4: think that there's a broad sales cycle that is only
• 15:35
  Speaker 4: just beginning when it comes to AI and the integrity
• 15:39
  Speaker 4: layer for AI.
• 15:40
  Speaker 1: So you look at the financial ecosystem, there's a lot
• 15:43
  Speaker 1: of chains out there that are now starting to move
• 15:46
  Speaker 1: into ETF even treasury companies that are holding the assets,
• 15:50
  Speaker 1: et cetera. Wall Street's getting very active. Obviously Lloyd's Bank
• 15:54
  Speaker 1: was utilizing a test net for HADERA. Is this something
• 15:59
  Speaker 1: that we can expect a launch on or is it
• 16:02
  Speaker 1: still in testing phase? What is the model here of
• 16:06
  Speaker 1: going forward?
• 16:07
  Speaker 4: So you know Lloyd's Bank's most recent deployment was on
• 16:12
  Speaker 4: main nehad Era. There was nothing proof of concept or
• 16:14
  Speaker 4: test about it. So Lloyd's and Aberdeen have been have
• 16:20
  Speaker 4: begun to deploy and continue to a collaterable mobility application
• 16:25
  Speaker 4: that is made possible through our checks, which is a
• 16:28
  Speaker 4: UK regulated FCA regulated exchange. And you know, their deployment
• 16:34
  Speaker 4: is a commercial activity they do as part of their
• 16:38
  Speaker 4: regular business. A large amount of FX.
• 16:42
  Speaker 1: Yeah, looking at over the counter FX and interest rate
• 16:45
  Speaker 1: derivatives fifteen trillion daily volumes that was in twenty two.
• 16:49
  Speaker 1: I wonder what that is now that would be a
• 16:52
  Speaker 1: significant win for you guys for sure, is this if
• 16:55
  Speaker 1: this continues to you know, develop as an opportunity.
• 16:58
  Speaker 4: You know, we touched about around the feed model and
• 17:01
  Speaker 4: things like that, but when it comes to collateral mobility,
• 17:05
  Speaker 4: you need to have legal finality, and so Hadera has
• 17:08
  Speaker 4: sub three second legal finality, not probabalisticality. That means that
• 17:14
  Speaker 4: you can transfer an asset and another party can say
• 17:17
  Speaker 4: I have ownership of this and then rehypothecat or take
• 17:21
  Speaker 4: other action rather than waiting for a certain number of
• 17:25
  Speaker 4: transactions to occur that give you probably you know, we
• 17:29
  Speaker 4: were really excited to see some of the progress as
• 17:32
  Speaker 4: it relates to the U S ETFs both from Gray
• 17:36
  Speaker 4: Scale as well as Canary Capital there aretpes in Europe
• 17:41
  Speaker 4: and ETPs that will be growing internationally. Twenty one shares
• 17:47
  Speaker 4: from Valor and so the wrapping of HBAR and putting
• 17:54
  Speaker 4: them into a vehicle that is more accessible to an
• 17:57
  Speaker 4: investor population through traditional brokers and traditional rails is one
• 18:04
  Speaker 4: of the accessibility themes that would expect to continue as
• 18:07
  Speaker 4: a industry as a whole. We're seeing that through Pressury Company.
• 18:11
  Speaker 4: We're seeing that through ATPs and ETFs for sure.
• 18:14
  Speaker 1: Well, I think you know, it's really kind of a
• 18:17
  Speaker 1: reset right now in the financial markets with all these
• 18:20
  Speaker 1: new products starting to roll out in some of the
• 18:23
  Speaker 1: biggest financial institutions out there. So hopefully this will look
• 18:27
  Speaker 1: good on the resume, Fordara, I'm looking at the roadmap
• 18:30
  Speaker 1: right now, and there's a lot going on here. Is
• 18:32
  Speaker 1: there anything specific on the roadmap right now that you
• 18:35
  Speaker 1: would say, Paul, this is like the one you need
• 18:38
  Speaker 1: to watch. This is something that's special. Really pay attention
• 18:43
  Speaker 1: to this area because you've got node management, the address
• 18:46
  Speaker 1: book disaster recovery, the new smart contract equivalents here anything
• 18:51
  Speaker 1: specific in this.
• 18:52
  Speaker 4: Area, So smart contract equivalence that certainly is a big
• 18:56
  Speaker 4: one right there. Wasn't born EVM compatible, but it is today,
• 19:01
  Speaker 4: And so programmers can program and solidity the language of
• 19:04
  Speaker 4: ethereum and can deploy applications that have already been built
• 19:07
  Speaker 4: on Ethereum on hitdare when they need the scalability that
• 19:11
  Speaker 4: hedera offers. That's what's unique about that about the hash
• 19:14
  Speaker 4: graph is that it's solved for scalability. It's solved doing
• 19:19
  Speaker 4: so with low energy usage and high throughput. And so
• 19:24
  Speaker 4: I think that's a that's a big one. We're seeing
• 19:26
  Speaker 4: that having impact from the financial markets. So the ARC
• 19:30
  Speaker 4: thirty six forty three standard that the ADA Foundation really
• 19:33
  Speaker 4: recently joined earlier in this summer, and so the more
• 19:37
  Speaker 4: standardization there is for tokenization of financial products, uh, you
• 19:42
  Speaker 4: know that, I think that will be benefit across the
• 19:44
  Speaker 4: overall ecosystem. And then in terms of you know, some
• 19:48
  Speaker 4: of the stable coin applications, those are really big and
• 19:50
  Speaker 4: so I'm excited to see, you know, Adera being selected
• 19:54
  Speaker 4: as one of the Reserve Bank of Australia's networks for
• 19:57
  Speaker 4: Project Acacia. And there are of course deployments historically from
• 20:02
  Speaker 4: other nation states and central banks. And so when Hidera
• 20:09
  Speaker 4: moves into and increasingly moves into core infrastructure, that is
• 20:14
  Speaker 4: very exciting because that's Hidera under the hood. At some
• 20:17
  Speaker 4: point will be extracting the network itself from the top
• 20:22
  Speaker 4: of mind discussion that it is today and that's where
• 20:26
  Speaker 4: things will just work the way you want it to work,
• 20:29
  Speaker 4: at high frequency, high speed, low cost, and that's when
• 20:33
  Speaker 4: broad adoption will really occur.
• 20:36
  Speaker 2: No doubt.
• 20:37
  Speaker 1: And I think this is one of the tipping points
• 20:39
  Speaker 1: for blockchain in general and the right kind of blockchains
• 20:42
  Speaker 1: that are in the right place at the right time
• 20:45
  Speaker 1: around a lot of these financial institutions. To your point,
• 20:47
  Speaker 1: right there is we're going to start seeing a lot
• 20:49
  Speaker 1: of activity speaking of financial institution.
• 20:52
  Speaker 2: Robin Hood of course did.
• 20:53
  Speaker 1: List you guys, and that was a big I think
• 20:56
  Speaker 1: that was a big boom for Hadera in general, just
• 20:58
  Speaker 1: because now people had easier access to it. Why do
• 21:01
  Speaker 1: you think they went with you, guys, versus say someone
• 21:05
  Speaker 1: like a Swee. I was looking at the list here
• 21:07
  Speaker 1: and a lot of tokens have already been relisted on there,
• 21:10
  Speaker 1: but Hadera, of course a little bit further down the
• 21:13
  Speaker 1: list in terms of market cap, Swee setting them there.
• 21:16
  Speaker 1: But Hadera now number sixteen. Was there any any specific
• 21:19
  Speaker 1: reason you feel like, hey, Robin Hood decided to go
• 21:21
  Speaker 1: to this route.
• 21:22
  Speaker 4: I mean, I don't really have insight into the decision
• 21:25
  Speaker 4: making process that Robin Hood.
• 21:27
  Speaker 2: Why do you think they did?
• 21:29
  Speaker 4: Right? So, having sat in that seat, and I did
• 21:31
  Speaker 4: so at finance US where I was overlooking overseeing the
• 21:35
  Speaker 4: listings process. There are a number of different metrics that
• 21:40
  Speaker 4: in exchange will look at and the you know, it
• 21:43
  Speaker 4: goes from the compliance, It goes from the legal it
• 21:46
  Speaker 4: goes from the technology, and ultimately there is risk that
• 21:49
  Speaker 4: the exchange is taking on and introducing a new protocol
• 21:52
  Speaker 4: and a new asset to their customer base. There is
• 21:56
  Speaker 4: unique on so many different levels. That's what stood out
• 21:58
  Speaker 4: to me in terms of its technology, in terms of
• 22:01
  Speaker 4: it's history, its use, it's transaction volume. And so I
• 22:05
  Speaker 4: would say that the decision to list Hidera was validation
• 22:11
  Speaker 4: in what Hidera has done in terms of approaching both
• 22:16
  Speaker 4: enterprises and retail with real use cases in real doct.
• 22:21
  Speaker 2: Yeah, yeah, for sure.
• 22:22
  Speaker 1: Well, I think the key here also with Robinhood is
• 22:25
  Speaker 1: they have started to migrate heavily into crypto. I think
• 22:30
  Speaker 1: we're going to see even more listings coming in. Obviously,
• 22:33
  Speaker 1: Hidara being one of the top top twenty right now,
• 22:36
  Speaker 1: it would seem to be an easy choice for them
• 22:40
  Speaker 1: to kind of go in this direction. If you guys
• 22:41
  Speaker 1: haven't visited the Hadero website, you should just jump over there.
• 22:44
  Speaker 1: You can learn a little bit more about it and
• 22:46
  Speaker 1: all that good stuff. So it has been great having
• 22:48
  Speaker 1: you on the show today. Thank you so much for
• 22:50
  Speaker 1: stopping in. We appreciate it.
• 22:51
  Speaker 4: Thank you.
• 22:52
  Speaker 1: All right, So, you guys, if you're not part of
• 22:53
  Speaker 1: the Diamond Circle, make sure and get in on that.
• 22:55
  Speaker 1: That's our own private group that you guys can join
• 22:58
  Speaker 1: for absolutely free. We always leave a linked down below,
• 23:00
  Speaker 1: follow me on x at Paul Baron. We'll catch you
• 23:03
  Speaker 1: next time right here on The Paul Baron Show.