Carlos Korten

“So so this is derivative technology from from cryptocurrency. Right? So you can buy Bitcoin. You can buy Ethereum, but it doesn't have to be money. It could be other things. It could be documents. And in the case of what Bindle is doing, we've decided to take health credentials like vaccine records and test results, turn them into tokens that you can carry around on your phone that are cryptographic assets that are encoded that are yours that you can carry as as permanent assets.”

“we've got a rules engine that sits on top of that. And let's say you wanna go to a movie theater, you wanna go to a show, the venue's gonna have some sort of rule by which they're gonna allow people to come in. And what our rules engine will do or it does today is it scans through your wallet to find tokens that meet their criteria. So if they say, hey. You need to have been vaccinated or you need to have been tested in the last two days and come back negative, It's gonna look for the tokens that meet and then create what we call a zero knowledge proof, which is a cryptographic entry pass that says this person's good.”

“It's different in different verticals, but as a benchmark, we shoot for something on the order of 10¢ per scan.”