(upbeat music) >> Hello, everyone. Welcome back to theCUBE's extended coverage. I'm John Furrier, host of theCUBE. We are here in Monaco at the Yacht Club, part of the VIP Gala with Prince Albert, DigitalBits, theCUBE. theCUBE and Prince Albert celebrating Monaco leaning into crypto. I'm here with Natasha Mahfar, who's our guest. She just came on theCUBE. Great story. Great to see you. Thanks for coming on. >> Thank you so much for having me. >> Tell the folks what you do real quick. >> Sure. So I actually started my career in Silicon Valley, like you have. And I had the idea of creating a startup in mental health that was voice based only. So it was peer to peer support groups via voice. So I created this startup, pretended to be a student at Stanford and built out a whole team, and unfortunately, at that time, no one was in the space of mental health and voice. Now, as you know, it's a $30 billion industry that's one of the biggest in Silicon Valley. So my career really started from there. And due to that startup, I got involved in the World XR Forum. Now, the World XR Forum is kind of like a mini Davos, but a little bit more exclusive, where we host entrepreneurs, people in blockchain, crypto, and we have a five day event covering all sorts of topics. So- >> When you host them, you mean like host them and they hang out and sleep over? It's a hotel? Is it an event? A workshop? >> There's workshops. We arrange hotels. We pretty much arrange everything that there is. >> It's a group get together. >> It's a group get together. Pretty much like Davos. >> And so Natasha, I wanted to talk to you about what we're passionate about which is theCUBE is bringing people up to have a voice and give them a voice. Give people a platform. You don't have to be famous. If you have something to say and share, we found that right now in this environment with media, we go out to an event, we stream as many stories, but we also have the virtual version of our studio. And I could tell you, I've found that internationally now as we bring people together, there are so many great stories. >> Absolutely. >> Out there that need to be told. And the bottleneck isn't the media, it's the fact that it's open now. >> Yes. >> So why aren't the stories coming out? So our mission is to get the stories. >> Wow. >> Scale stories. The more stories that are scaled, the more people can feel it. More people are impacted by it, and it changes the world. It gets people serendipity with data 'cause we're, you know, you shared some data about what you're working on. >> Yeah, of course. It's all about data these days. And the fact that you're doing it so openly is great because there is a need for that today, so. >> What do you see right now in the market for media? I mean, we got emerging markets, a lot of misinformation. Trust is a big problem. >> Right. >> Bullying, harassing. Smear campaigns. What's news, what's not news. I mean, how do you get your news? I mean, how do people figure out what's going on? >> No, absolutely. And this is such a pure format and a way of doing it. How did you come up with the idea, and how did you start? >> Well, I started... I realized after the Web 2.0, when social media started taking over and ruining the democratization . Blogging, podcasting, which I started in 2004, one of the first podcasts in Silicon Valley. >> Wow. >> I saw the network of that. I saw the value that people had when normal people, they call it user generated content, shared information. And I discovered something amazing that a nobody like me can have a really top podcast. >> Well, you're definitely not a nobody, but... >> Well, I was back then. And nobody knew me back then. But what it is is that even... If you put your voice out there, people will connect to it. And if you have the ability to bring other people in, you start to see a social dynamic. And what social media ruined, Facebook, Twitter, not so much Twitter 'cause Twitter's more smeary, but it's still got to open the API, LinkedIn, they're all terrible. They're all gardens. They don't really bring people together, so I think that stalled for about almost eight years or nine years. Now, with crypto and decentralization, you start to see the same thing come back. Democratization, level the playing field, remove the middle man and person, intermediate the middle bottlenecks. So with media, we found that live streaming and going to events was what the community wants. And then interviewing people, and getting their ideas out there. Not promotional, not getting paid to say stuff. Yeah, they get the plug in for the company that they're working on, that's good for everybody. But more share something that you're passionate about, data. And it works. And people like it. And we've been doing it for 12 years, and it creates a great brand of openness, community, and network effect. So we scaled up the brand to be- >> And it seems like you're international now. I mean, we're sitting in Monte Carlo, so I don't think it gets better than that. >> Well, in 2016, we started going international. 2017, we started doing stuff in Europe. 2018, we did the crypto, Middle East. And we also did London, a lot of different events. We had B2B Enterprise and Crypto Blooming. 2019, we were like, "Let's go global with staff and whatnot." >> Wow. >> And the pandemic hits. >> I know. >> And that really kind of allowed us to pivot and turn us into a virtual hybrid. And that's why we're into the metaverse, as we see the value of a physical face to face event where intimacy's there, but why aren't my friends connected first party? >> Right. How much would you say the company has grown from the time that you kind of pivoted? >> Well, we've grown in a different direction with new capabilities because the old way is over. >> Right. >> Every event right now, this event here, is in person. People are talking. They get connections. But every person that's connecting has a social graph behind them that's online too, and immediately available. And with Instagram, direct messaging, Telegram, Signal, all there. >> It's brilliant. Honestly, it was brilliant idea and a brilliant pivot. >> Thank you for interviewing me. >> Yeah, of course. (Natasha and John laugh) >> Any other questions? >> That should do it. >> Okay. Are you going to have fun tonight? >> Absolutely. >> What is your take of the Monaco scene here? What's it like? >> You know, I think it's a really interesting scene. I think there's a lot of potential because this is such an international place so it draws a very eclectic crowd, and I think there's a lot that could be done here. And you have a lot of people from Europe that are starting to get into this whole crypto, leaving kind of the traditional banks and finance behind. So I think the potential is very strong. >> Very progressive. Well, Natasha, thank you for sharing. >> Thank you so much. >> Here on theCUBE. We're the extended edition CUBE here in Monaco with Prince Albert, theCUBE, and Prince Albert, DigitalBits Al Burgio, a great market here for them. And just an amazing time. And thanks for watching. Natasha, thanks for coming on. Thanks for watching theCUBE. We'll be back with more after this break. (upbeat music)

(electronic music) (background party chatter) >> All right. Hello, everyone. Welcome to The Cube. Coming up, Bryan Talebi will be here with Ahura A.I? >> Ahura A.I. >> Ahura A.I. Bryan Talebi here with Ahura A.I. We are at The Cube post party networking event, special on the ground, extended coverage. Bryan, we were at The Futurist, not The Futurist Conference, The Future of Blockchain which was the Monaco Crypto Summit over at the Grimaldi Center. Now we're at the VIP gala, the prince is here, a lot of action's happening. You had a chance to look all the presentations we have all the heavy hitters here, kind of a movement going on, right? >> Absolutely. Well, first of all, I think it's absolutely amazing that Prince Albert II put this all together. He obviously understands the future and understands technology. It's absolutely brilliance. And Julio as well, I mean is incredible. So I take off my hat to all the people that put this event together and the speakers were brilliant. I mean, did you see all the speakers the technologies that they've built have the potential to radically transform billions of people's lives. >> It's interesting, you know, I've been covering crypto for a very long time and watched it emerge and then start exploding. And there's always been, and I saw this with the web too early on, legit versus not legit. And all early markets have the hype cycles go down and up, and you always kind of have that but now you're starting to see legitimate tie-in between physical digital assets where, and the confluence of the business value, societal value, government value, all across the spectrum. Every vertical, every use case is got a decentralized vibe going on right now because it's a forcing function. And, and here in Monaco, the price and the king they're leaning into it cause I think they see the future because they could answer their legacy. >> Yeah. Absolutely. And look, you're absolutely right about this because this downturn that we're facing, especially this new crypto winter, I think is the best thing that could possibly have happened to the crypto space because what it's doing is pushing out the let's call them the less than honest brokers within the crypto community, the people that were just in it for a buck, the pump and dumpers and so forth it's really pushing those folks out. And the companies that remain are the true technologists that aren't looking at crypto as just a speculative asset, but rather an underlying technology that can transform the way that we engage with the world in a decentralized way. >> Bryan, you know, we didn't mention in the intro but you also do investment. >> I do. >> You also have a lot of things going on. You got a great history, great pedigree of seeing the waves of innovation the best. That's something, an investment question, like are you in it for the money or are you in it for the make it happen mission? That becomes kind of like the probing question. Someone comes to the table, "Hey, I need some cash. We do funding." What's your exit strategy? "I want to make an exit in two years." Okay. You're out. (Bryan laughs) (John) But it's almost that easy now, right? >> Sure. >> (John) To figure out who's in it for the money. >> Sure. >> (John) Who's in it for the mission. Yeah, the mission's successful. You make a lot of money. >> That's exactly right. Look, one of my mentors once taught me is, money like power is only amassed in great amount if indirectly sought because money by itself is not intrinsically a motivator. And so, what we do at our AB+ Ventures, my venture capital fund, is we only invest, not only in companies that are impact driven and have the capacity to impact a billion people, but we invest in founders that are climbing their third or fourth mountain. So these are people who've already made their money. They either had a couple big exits at over a hundred million dollars or they became rock stars or they became astronauts. They did things where they achieved the highest levels of achievement. And now are building technologies because they believe that they're going to impact the world in a meaningful way. >> They kind of know it's important, right? They made some money, they've been successful. They have scar tissue and experience to apply almost I want to say for the legacy of it, but more for value. >> Yeah. >> For everybody. >> Absolutely. >> All right. So I got to ask about what your current venture, I know you got some good action going on. It's growing pretty good. As they say in golf, it's middle of the fairway. It's growing, got momentum. It's a turbine market. You probably has some offers on the table. I mean, I could imagine all the AI you got going on. Blockchain, very attracted. It's a hard problem, but it's the first inning. Not even. >> Yeah. >> What going on with the company? >> We're very early. Look, we've been building our technologies, the deep tech platform we've been building for four and a half years. There's a whole bunch of offers on the table to buy us. But look, the reality is right now is a fantastic hiring opportunity. There's a lot of amazing talent out there that now wants to come to us, which is great. Number one, number two, if you look back to the 2000 Dot-com bubble, what you saw is all of the companies that didn't really solve real problems went away and it left a more oxygen in the room for the companies that were really solving problems that needed to be solved. And those are now all trillion dollar companies. So, >> Well, Brian, you and I both got a little gray hair. So let's talk about the Dot-com bubble. The other thing, I'll add to that, by the way great commentary, is that everything that was like bullshit actually happened. People bought pet food online, >> Right. >> Groceries delivered to their house. So to your point, the things actually happen. See the visions and the aspirations were correct, timing and capital markets spree. >> Sure. >> Is there similarities going on in crypto? Is it the crypto winter, weeding out those pretenders? Is that what you're saying? >> Well, there's definitely a lot of similarities there but if you look at the example that you use, right, pets.com versus Amazon, people are still buying pet food online. I buy all my pet supplies for my two puppies online. However, if you look at the reason that Amazon works is because of their supply chain and the innovations that they created on being able to deliver anything to you within a day or two days in an extremely cost effective manner. It wasn't just because they had a website and they did some hand wavy stuff to say isn't this a good idea. You actually have to have the underlying operational capability and innovation from a technology standpoint to make it happen. And so, when we talk about crypto over the past number of years, and I've been in the crypto space for a long time, as you have there's been a lot of hand wavy stuff. There's been a lot of people like, "wouldn't this be a good idea?" but then you have the true operators that are able to find the underlying competitive advantages that actually make it work. And that's what I'm interested in. >> I'd love to get your thoughts on that. First of all, great point if you look at like, I was just commentating earlier I was asked the question what I think, and I said, well, I do a lot of lot of reporting and analysis on cloud computing. I watch what Amazon Web Service has done from many, many years ago. And all the followers now. Scale data, higher level services, they're all happening and it's creating a lot of value. Okay? That's going to come to crypto. And so, okay, the dots aren't connected there yet, but you've got this, but one of the things that has proven to be a success criteria, ecosystems. When you have enabling technology like DigitalBits, for instance, is kind the main powering of this ecosystem here, the value that's being created on top of it has to be a step function or multiple of the cost or operational cost to deploy the platform. Okay, so that's kind of in concert with everyone else. You product decentralized, what's your thoughts on that? Because now you have a lot of potential ecosystems that could connect together cause there's no one centralized ecosystem. >> (Bryan) Absolutely. >> But what is, what, how do you get that? How do you square that circle? So to speak. What's your take on that? How does ecosystems play into defi, decentralization, de-apps blockchain? >> So what you really talking about is interoperable, right? So again, if we use an analogy, if we look back to the late nineties, when Web 1.0 was really flourishing and then in the 2000s where everybody created their own websites, people went to the world wide web, but every company had their own website. They had their own social media platform. They had their entire Salesforce platform or what have you. So everyone had their entire separate organization. And so, I suspect that the future of crypto is going to be very similar, where there's going to be a bunch of different metaverses, a bunch of different ecosystems, but someone's going to come along, and I think there's a number of people on the back end that are actually working on this, Some of them are really brilliant, that are going to create an interoperable mechanism for people that jump from metaverse to metaverse from chain to chain in a completely easy experience from a user experience standpoint where you don't have to have a PhD in crypto, so to speak, that doesn't exist, but you don't have to have that level. >> Well, if you're working on crypto for the past five years you've got a PhD. >> Basically. >> The thesis is, you're still alive producing. (Brian laughs) Well, that's a good point. So I'm looking for like, this defacto enabler, right? Because TCP/IP was an example in the old days, you know, the levels of the stack that never, TCP/IP is part of the OSI model. It's just interconnect. That layer, nothing got above it, was open. It was just hard and top that TCP/IP the rest was all standard. Ethernet, token ring add that data layer and then cards. That worked, the industry could galvanize around that. I'm waiting for the crypto moment now, where, what is going to be that cloud (indistinct), Kubernetes and service matches and whatnot. What, is there anything on the horizon that you see that has that kind of coalescent ecosystem, let's get, if we all get behind this, we all win. Rather than chasing crumbs. >> Sure. >> You know, the bigger pie, rising tide, all that stuff. >> Well, so I think there's a really interesting analogy from a couple of hundred years ago on this. So most people don't realize that when the United States first had their railroad system which was the innovative infrastructure play at the time each state or each region had their own systems they had different size railroad. So what would happen if you were trying to ship a bunch of grain from one part of the country to the other you would take it by a train. You get to a train station, you'd have to take everything off, put it on a different train, on a different set of train tracks. You would go a couple states over. You'd have to do that again, go a couple states over. You have to do that again. Eventually what happened is the federal government came in and said, hey, we need to create a system of policies around one set of rules for all trains and all logistics across the country. And so, I do think there's a role for governments to come together, along with the operators and the companies to work collaboratively together to say, hey, what are the regulations? What are the rules of the road? How do we make sure we get all the scam artists out of the system? How do we create a system that actually works for everybody? Now, there's always dangers there, right? You have regulatory capture. Sometimes the government, oftentimes they're slow, they don't understand the technology. So they come down with a heavy hand. And so if it's done properly, and it's not just the United States alone, by the way, it's all the countries in the world. Now at this point, it's a global effort. >> There's money involved, too. >> Exactly. But if we are able to bring together people that are much smarter than me from the public and private sectors as well as the nonprofit sectors, together to come up with one set of rules I think that will enable crypto to massively expand across the entire globe. >> What are you passionate about right now? I know you got the investment fund for, you know, helping society and the planet, you get your project with your startup company, AI is in a hot area. What's going on? What's your top goals for the year? >> So there's two things. Number one, my company, Ahura A.I. is my baby. It's where I spend 70, 80 hours a week. We invent a technology that enables people to learn three to five times faster than traditional education. >> (John) Is that so? >> Because I believe that education is the first step. It's the first variable, that impacts all of the sustainable development goals, impacts the world in a very real way. >> And you're not wearing your UA pin. >> I'm not wearing my pin, I always point to it. >> I wanted to grab it, I saw it earlier. >> But then the second thing I'm super focused on is existential risk. Look, so I throw a lot of events where I bring together four categories of people, CEOs of impact driven companies, investors, whether they're VCs or billionaires or family offices, global experts, and celebrities that want to use their influence for good in the world. And one of the speakers that I had at one of my events is a guy at Stanford who runs their lab on existential risk and what he told the group, and what he told me, is according to Stanford and all the researchers, there's a one in six chance that we're all going to go extinct by 2050. One in six, that's a dice roll. And so to me, the most important thing I can do is bring people together that have capacity, have resources, have capabilities, to address these drivers of existential risk because selfishly, I don't want to live in a dystopian Hellscape. >> Exactly, yeah. Bryan, thanks for coming on. We're going to get back into dinner. Great to see you. >> Thank you very much. >> The Cube after dark, extended hours. Look at us, we're going the whole day. VIP gala, Prince Albert, the team, DigitalBits, The Cube, all here at the Yacht Club in Monaco. I'm John Furrier. Thanks for watching.

okay welcome back everyone we're here live in monaco for siliconangle thecube's coverage of the monaco crypto summit i'm john furrier your host we're here with al berger the founder of the digital bits blockchain digital bits is presented it's an open ecosystem they're the main presenters bringing everybody together al burgia is the man of the hour al great to see you cube alumni great to see you again john thanks thanks for having me back on the show it's been this is an inaugural event yeah you you and your team put together the digital bits foundation um the digits blockchains enabling technology the proof is in the pudding as i always say now you're seeing companies building on top of the ecosystem why monaco this is inaugural event what's going on here what's the motivation what does all this mean all this stuff coming together share uh why monaco i mean there's uh it's part of this next chapter for us things are happening in monaco and and um um we've yet to unveil that and we thought you know what better place to unveil what we're doing in monaco other than to do it in monaco so that was really the genesis of what gave birth this idea to have the monaco crypto summit um but that evolved beyond just sharing the nexus of it all there are organizations that here that have come from all over the world and will be sharing for the first time how they're also utilizing the digital bits watching not bad to come to monaco in the summer though it's pretty pretty nice area beautiful views yeah summer time in monaco is always great but this inaugural event first of all i love the name so congratulations on the name i think it's got a lot of legs to it i think this will be something that's going to be around for a long long time so it's a good good call there there's a lot of other dynamics going on prince albert's got some involvement he's interested in crypto we're going to hear more about that in the yacht club presentation later tonight you got startups companies building on top of the capabilities of digital bits you know you and i have talked in the past on the cube about the technology um your technologists uh followed a lot of your adventures to success and exits multiple exits in tech silicon valley knows you everyone knows you know around the world it's kind of like a cloud game but it's decentralized you've got infrastructure platform applications um there's super applications and decentralized device to all kinds of new stuff going on so you have a stack kind of going on here in a decentralized way and been validated by all the big names jumping in and changing their business models and horowitz you name it now a global financial markets converging on this huge opportunity around crypto and d-apps everything's happening so what's your reaction to someone who's been through many cycles built companies and sold them and been successful what's your analysis i mean this journey is then different and you has a unique some similarities but definitely some unique characteristics in prior journeys uh in in you know venturing off to found a company and so forth and for me it's been obviously the traditional way um you know prior to this obviously it was in the valley and and had uh uh quite the journey um what i would say this time is um with all that's happening in blockchain and cryptocurrency it's the amount of say capital formation the amount of people involvement in into an early technology into an evolving technology and there's various subcategories now across nfts metabours and um and all things fungible um there's a global stage immediately and um and it sort of creates these sort of mini vortexes of getting more people involved um it's it's kind of some semblances of like the dot-com bubble in a sense but with a much bigger ecosystem um in comparison to what we saw in the 90s um the thing about blockchain is that it it needs to the more successful blockchains out there need to evolve into becoming as decentralized as possible and so as to use your analogy of stack i mean it is incredibly important to have contributors at all layers protocol layer application d app layer in many corners of the world but it all starts with an idea so it's really hard to go from point a to point b um like any other new opportunity and so for us it's been a journey we're evolving in this next chapter um and a lot of that will be evident today throughout the course of the summit we'll start to see and start to feel even more so how uh the digitalbits ecosystem is is becoming more and more decentral we're going to see a bunch of folks coming on us off stage are going to come here sit down on thecube and chat with me about their opportunities how would you describe for the folks watching now what's going on on stage here all day and then obviously there's a vip gala tonight at the yacht club with prince albert in attendance and his team and a bunch of big power players what's happening here what's the what's the vibe what's the purpose what's being presented can you just quickly share uh take a minute to explain what's going on so relative to to the summit um it's you know organizations uh platforms um there's there's uh a few metaverse uh platforms here that will be um i mean they've been in in existence but they'll be unveiling um their connection and how they're leveraging the digital business watching for the very first time and so um but also other categories as well even um soon here massive multi-billion dollar real estate development all coming to um the digital blockchain so this is the physical world massive uh resort um real estate development completely being tokenized you just had some success in digital assets obviously the roma team i saw the announcement on on youtube was pretty big um you get digital bits on the jersey a new player so caught my attention you got sports teams you got here you got applications people building on top of digital bits why for us it yeah vision is needs to be supported by a strategy um from inception it was finding ways to take an enterprise go to market strategy and and uh some of it may be a bit of trial and error in the early you know onset from 2017-18 when it when the journey kind of began for the digital biz blockchain but um also part of it is timing and one of the things that we saw more recently again kind of like the journey and the stack you're referring to before nobody foresaw the pandemic nobody foresaw that the whole world would be at home staring at a screen um and figuring out what to do with their time and many of the world for the first time began to learn about blockchain and cryptocurrency for the first time in the onset of this pandemic and so that became a huge accelerant for the space and so um another quote you know i've i'll take away from you that i you know recall you saying many years ago um you need to have a horse on the track to be in the race yeah we're very fortunate to have a horse in the track by having already a number of years of development um awareness so that when there's kind of like these market shifts that can become an accelerant we're in a position to to move with the industry um and so it's been an incredible couple of years i mean it was great for you guys yeah and so there you know there's different contributors in the ecosystem some some that i'm affiliated with that have done things in the sports space um and other things that i'm not affiliated with there's a lot of things that again are emerging today that are happening in different categories or themes of metaverse for example um and i'm humbled by it just simply by the virtue of the fact that they're utilizing the digital that's watching but i had no um stake in building what they've built in terms of this is enabling technology so just to kind of pivot off you said yeah the pandemic was a tailwind now for um this movement for many reasons one people sitting at home boy hey this is technically vegas work on the blockchain two the future of work or the future of how things are organized is was remote work remote work is like next door neighbor to decentralization like i mean come on you're talking about people going this is not the future is not where it used to be that kind of galvanized a lot of people and also the business models have shifted so now post pandemic everything's hybrid which is virtual physical so that's the perfect storm so total acceleration agree um and we're seeing the traction now what's interesting about what you guys are doing is you're enabling people to build apps on it that's the platform and and that's that's again what i want to ask you is i had people always ask me what's digital bits so i'm going to ask you what is digital bits well digital bits is both the name of a blockchain it's also the name of a cryptocurrency the native cryptocurrency of the digital bits blockchain and so um it began 2017 as a fork of stellar in terms of the original repository um and you know there's a question i was asked earlier today in a press conference of like oh there's all these blockchains well we're still in this like early stage uh this early part of this uh evolution and so i i don't necessarily see a lot of what's happening out there as competitive but rather complementary because in unison you know there's different use cases different categories uh where kind of a blockchain can find its array of adoption in in this sort of phase of it all um for us um we've been referred to as a few different things one of which is you know the aspiration become this blockchain for brands i think today we'll learn that it's become much bigger than that in terms of its capability it's not necessarily that um it's as a result of new technology it's the tech a lot of this technology has been there it's just how it's being exploited and used um we're unveiling today for example and part of now this chapter for me is working with um community um developers hold on before you get there so okay i see digital bits i love the name by the way so thanks for that you kind of get to the news now you have a press conference take me through the press conference what's the news what are you guys announcing here today so the press conference we we did share not everything uh there's more um uh likely in store by the end of today that's not on the agenda uh and and maybe i'll be back on the show later today um we will have you back we'll find out come on but in terms of in terms of what we shared so far at the press conference um uh it was centered around two key themes i wanted to um obviously talked about the array of things to come today but focus on some of the things i'm directly involved in one of which was nico swap and the other are the number of things involved here within monaco so in terms of nico swap um by way of nane nico and in the spirit of decentralization nico in ancient greek means victory for the people so we thought that was a fitting name for the platform it's a decentralized exchange platform on uh the digital bits blockchain um filled with liquidity pool technology automated market making technology it's it's but by way of comparison digital bits is version of let's say a uniswap but lower cost faster and so forth and there's a number of organizations here today that will uh are announcing that they're deploying on nicos bringing their token to the digital bits blockchain and and launching um on on nicoswap so we're i'm super excited about that this is you know part of evolution and part of fostering decentralization um and so what that enables is by virtue of uh being able to again help helping other organizations getting their horse on the track the common denominator for us is digital bits it's um you know the fact that every application every utility token every nft you know does require digital bits including the digital bits currency to provide that security to to be used for gas fees and and and so on and so forth so um the blockchain itself the cryptocurrency it's kind of a common denominator beneficiary uh the one way you can kind of think of it um but yeah we shared a lot around an ecoswap um uh what it looks like and um its key functionality and and who are some of the organizations that are uh on on board day one the other part of the press conference today we shared um was more monaco centric digital bits in monaco and this journey is just beginning uh it's super humbling it's super exciting for me to be a part of it um there is again no real particular order there's a an ecampus that's focused around cyber security and blockchain education for both private sector and public sector so um academia so skills government issues solve some skill gap correct right it's an organization a financial institution a whole department needs to know more about blockchain how they can leverage it um digitalbits um is the blockchain um that is forming the first part of the curriculum for this ecampus that's launching here in monaco with uh uh an organization called amvini the other thing uh that we shared and announced uh today is that um the first sov first and only sovereign cloud in europe is the monaco cloud as recently launched what makes it soft and in essence is a few aspects of its characteristics but digital bits blockchain nodes are being deployed in the monaco cloud um and so beyond the nodes that already exist it's um the network is further being let's say hardest to bring your scale in resiliency you know the whole thing around censorship resistance right the more nodes there's a huge strategic aspect to obviously deploying nodes in in sovereign clouds um and so in europe the first for that is the monaco cloud so we're really honored to be working with the team there and mvne and so forth for that and then um and then as well um a number of months ago we began a journey with the prince albert of monaco foundation um the the chair president is uh prince albert and um the uh vice president ceo is olivia windham who was in attendance at the uh at the press conference as well and um and we unveiled um the foundations uh platform entirely built on the digital bits blockchain uh utilizing the digital bits cryptocurrency um as well as uh nft ticketing and so forth uh so we unveiled that we showcased that for uh for members of the press um how it will be used and and so forth some of the questions you got um i mean it went everywhere from um there was a regulatory regulation question related to europe um to questions around decentralization what are what are we doing how do we compare to uh proof of work you know why why digital bits a big part of that is i think we have a lot of common values with um the foundation of prince albert foundation uh around the environment being eco-friendly and so on and so forth and so um um questions of that sort you know how what do you know what's the next chapter look like and and how how um is more and more decentralization in my view going to be fueled and you said you got some announcements you can't talk about um coming okay so is that what's that going to be related to you get a little bit of teaser on that is it going to be something how big we be massive is it the grand finale or is it it's not a finale the unveiling it's an op unboxing of a new deal what's what's what is it a deal is it technology um it is uh um it's it's um large uh organization um that um is is leveraging uh both um the digital bits watching and digital body swerve that one okay good well al thanks for coming on and congratulations we will catch up with you either at the end of the day here on the live program or we will be at the yacht club in monaco yacht club tonight for the big event we hope to be live there but if not we will report on that yeah thanks for having me john all right congratulations digital [ __ ] really rocking the world here in monaco love the name digital bits makes tons tons of sense platform to enable applications this is the future you're going to start to see this decentralized model that kind of looks like cloud computing but not it's a technology enabling the creative and the and and the application transformations to decentralization it's coming almost every single category will be centralized we'll be covering a blanket on the cube i'm john furrier thecube thanks for watching [Music] you