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This is identity at the center. 
If it has anything to do with I 

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am this is the go-to podcast. 
Now your host Jim McDonald and 

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Jeff Stedman Welcome to the idea
of Center podcast I'm Jeff. 

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And that's Jim. 
Hey, Jim. 

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Hey, Jeff, how are you? 
Oh no, that's bad yourself doing

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great, man. 
The keynote sessions were great 

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this morning. 
Healthy dose of passkeys with 

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our friend. 
Andrew shaky are from the Fido 

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Alliance. 
I did want to mention, we are at

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identity versus recording. 
So the month of June is pretty 

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much going to be the sessions 
that we record here this week 

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and yeah, let's get it going, 
man. 

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Yeah, so the first of these, 
Relations that were actually 

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second, I should say. 
We're, we did our open Fest it 

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opening festivities, kind of 
thing last night. 

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Turned out pretty well. 
I'm kind of Happy the way that 

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worked out. 
And now we have a conversation 

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with fine gentleman from one 
Cosmos. 

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We've got Jose finale of who's 
the chief operating officer for 

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one Cosmo. 
So we've got old friend of the 

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show. 
Not that, he's old Mike Engel 

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Chief strategy officer for one 
Cosmos. 

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Welcome back to the show. 
Mike and welcome to the show for

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the first time because Ava, how 
are you? 

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How are you doing today? 
It was Ava. 

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Thank you. 
Thanks for inviting. 

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This is my first time longtime 
listener first-time on the show 

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so I'm excited, right? 
I did my little happy dance as 

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well. 
Well we're excited to have you 

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here for sure. 
We're going to get your origin 

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story. 
Mike, you've been here before 

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you were with us and episode. 
Well, a few episodes, this 

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point, there was one that I 
think Jim you wanted to 

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highlight was episode number 96,
is that right? 

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Yeah. 
Absolute 96 you know Mike was on

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the just talking about kind of 
pastoralists and identity 

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proofing. 
There's another episode where 

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you were talking about your role
on 1414 Ventures, but do want to

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highlight that because we're 
going to go back to past for 

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Alyssa and identity verification
and talk about that as kind of 

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our main topic today. 
Yeah and so we're having a 

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conversation Mike we already 
know your origin story. 

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Will Point people back to that 
episode so we can get right to. 

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It has a flaw you're on the hot 
seat now because it's your first

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time here tradition is that we 
learn people's identity origin 

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story when they join us with the
first time. 

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So what is your origin story 
when it Comes to I am. 

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Is it something that you chose, 
or did it Choose You? 

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So I did choose I am and but I 
have to be honest, I didn't know

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the extent of what I was 
choosing. 

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So my first job was out of 
college and I was employed as an

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admin. 
I was running back jobs. 

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Running endpoint management 
software that time. 

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CEOs, pretty big right on 
endpoint management. 

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So I was, you know, for about a 
year, I was doing that. 

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And then there was an 
opportunity that came in with 

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the great socks for for 
compliance and said, don't worry

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about these batch scripts. 
All you have to do is get these 

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reports of access for users, you
know, you circulate it with 

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different managers and tell them
that you know, do you is it 

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right? 
Is it not wrong? 

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Is it that sounds easy? 
That sounds exciting and that 

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was my first foray into it so I 
chose and then you know, one 

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thing led to another and how do 
you get the access? 

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How do you manage the access? 
And now look back then. 

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So I've never heard the words, 
great and socks in the same 

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sentence before and your Chief 
Operating Officer. 

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One of the things that 
fascinates me about this 

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business are titles and I'm 
curious. 

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What does a chief operating 
officer do for an identity 

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company? 
Like one Cosmos, nutshell, right

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hand box to the left hand but 
mainly making sure that you 

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know, as organizations and 
especially startups, we tend to 

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grow pretty rapidly and 
Sometimes our most of the time. 

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So there's a lot of chaos right 
in rapidly growing 

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organizations. 
So how do you try to keep that 

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in order? 
How do you make sure that every 

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function, every department is 
going towards the overall vision

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of the company and making sure 
that that particular vision is 

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also very clear with, you know, 
every Department, every member 

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Mike. 
I think, for people who aren't 

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familiar with one Cosmos, I know
you have kind of given the 

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should be able for, but what's 
the like the 30 second or maybe 

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Give you 60 seconds to give us 
the elevator pitch. 

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What is one Cosmos do? 
What's the problem you guys 

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self? 
Yeah, well, starting with the 

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Genesis story and including the 
name Cosmos is Greek for 

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universe, and idea is someday, 
we will have one identity in the

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entire universe, right? 
So when Ilan lands that 

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spaceship on Mars, you'll use 
your identity to prove who you 

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are and get into the little 
bubble that he builds. 

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And so, there's a couple 
standards that we all know and 

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love that we've talked about on 
the show quite a bit and We're 

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going to talk about those here 
today, but that was the 

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principal. 
The company is, let's figure out

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one way to prove who you are and
use that everywhere you have to 

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engage online. 
Does a great analogy, Mike this 

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week we're focusing on the 
future of identity and we came 

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up with this term goes to Adamas
week, right? 

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We want to talk about how things
are going to be in the future 

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and one of the topics that 
you're hearing a lot about it. 

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I Denver's this week, Andre 
brought it up in his keynote 

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yesterday. 
Was this idea of like 

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user-centric user managed 
identity is going to replace the

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corporate ID P managed identity 
in the future, right? 

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So people are going to have 
control over their identity, 

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that's going to change the game.
So mix that in with kind of the 

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buzz terms of the industry self 
Sovereign identity and 

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decentralized. 
Identity from the tip of 

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everyone's tongue and kind of 
want to get your ideas. 

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Diaz and your thoughts on, you 
know, how reality how real is 

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that? 
What's it going to be like, in 

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the future? 
Where we at today to start us 

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off, but where do you see it for
five years down the road? 

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Well, I'll answer your question 
with a question when you get 

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pulled over by a State Trooper, 
not that you ever have but 

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hypothetically or you go up to 
the TSA checkpoint. 

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How do you prove who you are 
today? 

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TSA checkpoint. 
Yeah it's both of the plastic 

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card as guards a credential And 
they look at your face and look 

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at the credential and say they 
match and we know that we can do

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that online. 
And I'd like to spend some time 

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diving into the mechanics of 
that and the privacy of that. 

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As we as we have this discussion
today but the future of identity

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must involve Biometrics and I'm 
not just talking about Touch ID 

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and face ID, right? 
I could have five fingerprints 

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on my iPhone 8 that could be 
long to anybody but real 

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Biometrics so that state 
trooper. 

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Looks you in the face. 
You need to do that digitally as

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well and there's ways to do it 
that are safe. 

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But of course, we have had a 
number of setbacks from a PR 

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perspective with State 
legislation like Peppa if you're

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familiar with the Illinois law 
suits that are going on, that 

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are setting us back things that 
happen with the IRS etcetera. 

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So the future is a combination 
of privacy Biometrics and you 

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mentioned self, Sovereign the 
terms getting a little old 

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these, you know, it's like 
nobody knew really knew what it 

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meant when it came out at you, 
Really, creating your own 

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identity. 
Well, it's user managed does the

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term that I like to really use. 
If you're in control of it, 

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nobody else can use it. 
So, that brings up wallets and 

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the ability to put a credential 
somewhere. 

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Safe that we'll talk about here 
today as well. 

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Do you think three, four, five, 
maybe ten years down the road. 

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We don't carry physical will. 
You know, wallets are pocket 

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anymore and I meant have, you 
know, plastic, driver's licenses

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that Everything is smart enabled
and put on phones, is that only 

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for people who are, you know, 
modern and use smartphones? 

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Where do you see us? 
Where is it? 

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What's the evolution look like? 
Yeah, as the older generation is

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not the primary user of 
Technology anymore. 

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I'll try to say it nicely, 
right, you'll see. 

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Now everybody will have a device
or be comfortable with using 

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Biometrics, right? 
If I tried getting my dad, you 

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know, he's a 80 years old to use
his phone to do something. 

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It's really hard for him. 
So that generation will be less 

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and less of the of the majority 
online. 

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And I think it must go to a 
digital form. 

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We can't then plastic is 
copyable, Right. 

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Forge documents are really hard 
to detect. 

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You have a, i that can now spoof
all kinds of things. 

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So we have a lot of challenges 
we have to work with but it has 

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to go digital because of the bad
guys know how to digitally 

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manipulate everything as well. 
So who's the father this 

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questions for you? 
What's it going to take to make 

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this happen? 
You know what is it is just time

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that it has to kind of 
percolate. 

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And then what are the big 
challenges order? 

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The big enemies to this 
happening. 

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Maybe it's what Mike brought up 
there with, you know, just 

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generational not ready. 
I mean, my father doesn't have a

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smartphone, you know, he's still
using his flip phone. 

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So what's it going to take to 
make this happen? 

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Happen. 
You know, that Vision that Mike 

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just painted and what are the 
roadblocks or stumbles? 

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So in some areas in some 
geographies, it's already 

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happening. 
Maybe not to the entire extent 

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of the population. 
But for example, you mentioned, 

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you need to carry a wallet and 
in a lot of other geographies, 

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everything is on your smartphone
now, including a driver's 

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license. 
So one, big proponent of that 

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has I mean the government's so I
know that there are certain 

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European countries India where 
you get a driver's license and a

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copy of that onto your phone, 
you have your payments on to 

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your wallet as well. 
So one big proponent of that is 

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even your government issuing 
your credentials that is 

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consumable into your smart 
device and then over a period of

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time that's going to be more 
encompassing. 

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Now. 
And then, if you look at it, you

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have to look at it with the, 
with the, with keeping your 

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customer identity, use cases. 
And then your Enterprise, I 

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think, Enterprise will be a 
little bit slower to it out, 

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just because there's more 
control that I need. 

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I need, you know, to have energy
or credential, or a nadie 

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credential that I want to use to
provision and account. 

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But if I'm shopping online, if I
am, you know, signing up for any

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kind of a government service, I 
want the ease of, you know, 

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signing to go through the 
identity verification once, 

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right? 
And then use my wallet to sign 

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up for multiple different 
services and then as a service 

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provider on the consumer side, I
also don't want to take on the 

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liability of managing millions 
of different, you know, 

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identities or counts. 
So if there is More of a common 

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framework that is available. 
May be ready to essentially use 

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that help. 
You understand the walls a 

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little bit. 
So on my iPhone I've got a 

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wallet is part of the IOS 
operating system organizes, you 

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know, that you have got credit 
cards in it, so I can do Apple 

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pay. 
I've also got all kinds of like 

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boarding passes and other stuff 
that ends up in the wall. 

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I've got Starbucks card in 
there. 

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Is that the same wallet that 
we're talking about? 

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Or is it going to be some 
proprietary software that I run,

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you know, download from the App 
Store and that's where I put my 

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digital credentials. 
Yeah, so today it is mode of 

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proprietary software but the 
industry is going towards, you 

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know, much more of an open 
wallet that you can use, which 

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is your wallet app into your 
iPhone. 

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And the idea is that every 
credential that you have, which 

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has been verified and the whole 
concept of a verifiable 

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credential that gets captured, 
Into your iPhone wallet, you can

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then essentially use. 
So for an end user, the whole 

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notion needs to be that there is
a in a credential that's been 

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assigned to me that goes into my
wallet. 

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Let's say that's the driver's 
license or my certificate from a

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university, my employee record. 
And then I can use that I want 

227
00:12:39,800 --> 00:12:42,200
to touch on this wallet subject,
because I don't know if it is 

228
00:12:42,200 --> 00:12:44,900
the same wallet because we have 
vendor lock-in now. 

229
00:12:45,200 --> 00:12:49,000
So if I want to change my 
identity, if I'm stuck, On iOS. 

230
00:12:49,900 --> 00:12:54,700
How do I move to Android? 
If my wallet is a Apple wallet, 

231
00:12:54,800 --> 00:12:56,300
for example, and the same thing 
for vice versa, right? 

232
00:12:56,300 --> 00:12:59,600
With and Andrea whether it's 
Google pay or something similar 

233
00:12:59,600 --> 00:13:03,500
to that or Samsung pay is, this 
may be a role where some of the 

234
00:13:03,500 --> 00:13:05,900
password manager type Solutions,
might be out there where they're

235
00:13:05,900 --> 00:13:10,600
creating their own wallets is it
a separate Financial backed 

236
00:13:10,600 --> 00:13:15,000
wallet, for example, how do you 
see this wallet thing? 

237
00:13:15,100 --> 00:13:16,600
Kind of playing out? 
Because I think it gets 

238
00:13:16,600 --> 00:13:19,000
confusing, it's okay. 
Well, We're talking about 

239
00:13:19,000 --> 00:13:23,400
getting rid of our physical 
wallet, but how many virtual or 

240
00:13:23,400 --> 00:13:25,200
digital wallets in my gonna 
start carrying around? 

241
00:13:25,500 --> 00:13:27,200
Is that an app for each one? 
I guess. 

242
00:13:27,500 --> 00:13:29,900
And maybe we grow into something
or maybe we grow out of 

243
00:13:29,900 --> 00:13:31,300
something. 
I'm not sure, but I'm curious. 

244
00:13:31,600 --> 00:13:34,100
Michael start with. 
Uh, where do you see wallets? 

245
00:13:34,100 --> 00:13:36,200
Just, as a general going from a 
digital perspective. 

246
00:13:36,200 --> 00:13:38,500
Is it am, I am I going crazy 
here? 

247
00:13:38,500 --> 00:13:40,400
Thinking like, oh my gosh, I'm 
going to have like, eight 

248
00:13:40,400 --> 00:13:41,800
different wallets for eight 
different things. 

249
00:13:42,100 --> 00:13:45,700
No, it is messy from a standards
perspective. 

250
00:13:45,700 --> 00:13:50,500
So Apple has Created a way to 
digitize mobile, driver's 

251
00:13:50,500 --> 00:13:53,300
license in a couple States. 
But the only place you can use 

252
00:13:53,300 --> 00:14:01,500
it is I think at the TSA and 
then you have Banks starting to 

253
00:14:01,508 --> 00:14:03,300
create their own digital 
identity like you mentioned. 

254
00:14:04,300 --> 00:14:07,400
So the viable players today that
I see creating wallets globally.

255
00:14:07,700 --> 00:14:10,000
We have sing paths and some 
government-sponsored ones that 

256
00:14:10,000 --> 00:14:12,300
are just amazing. 
When you see how well the apps 

257
00:14:12,300 --> 00:14:15,200
are done and how extensible they
are here in the US. 

258
00:14:16,100 --> 00:14:18,900
It's we're 20 years, we're going
to be Is behind just like we 

259
00:14:18,908 --> 00:14:20,800
were for the adoption of 
chip-and-pin. 

260
00:14:20,800 --> 00:14:24,300
How long did it take us to use a
trusted credit card for 

261
00:14:24,300 --> 00:14:27,500
in-person transactions that took
Target getting hacked and they 

262
00:14:27,508 --> 00:14:29,700
were doing it everywhere else 
around the world for ten years 

263
00:14:30,100 --> 00:14:31,600
and they're looking at us around
the world. 

264
00:14:31,600 --> 00:14:33,500
Be like, you guys are still 
using magstripe. 

265
00:14:34,000 --> 00:14:36,800
I can program that with a five 
dollar piece of equipment. 

266
00:14:37,100 --> 00:14:41,500
So in my my opinion, the only 
entity that can issue a 

267
00:14:41,500 --> 00:14:44,000
credential reliably about who 
you are in. 

268
00:14:44,000 --> 00:14:45,800
The physical world, is the 
government. 

269
00:14:46,000 --> 00:14:48,000
That's why we have driver's 
licenses and passports. 

270
00:14:48,600 --> 00:14:50,700
And until they figure out what 
they want to do, you're going to

271
00:14:50,700 --> 00:14:53,700
have all these tactical 
Solutions if Apple could 

272
00:14:53,700 --> 00:14:57,100
digitize my driver's license and
let it be used to open a new 

273
00:14:57,300 --> 00:14:59,300
Saks Fifth Avenue shopping 
account. 

274
00:14:59,700 --> 00:15:02,100
I'd do it in a heartbeat. 
So what everybody else? 

275
00:15:03,100 --> 00:15:06,200
I don't know if they're not 
ready to tap into the states to 

276
00:15:06,200 --> 00:15:08,600
verify that and they don't want 
to take on the liability. 

277
00:15:08,700 --> 00:15:11,500
I would think and how that's 
pretty slippery slope. 

278
00:15:12,100 --> 00:15:16,300
So it's very messy right now. 
You have the mdl standard and in

279
00:15:16,300 --> 00:15:18,000
a verifiable credentials which 
are two. 

280
00:15:18,400 --> 00:15:23,500
Credential standards that are 
out there and it's just going to

281
00:15:23,500 --> 00:15:27,400
take time and market adoption 
timing is everything as they 

282
00:15:27,400 --> 00:15:29,800
say. 
So let's get into a little bit 

283
00:15:29,800 --> 00:15:32,300
about. 
I think the most important part 

284
00:15:32,300 --> 00:15:35,100
behind the wallet is, how do you
actually get the credential 

285
00:15:35,100 --> 00:15:37,500
there and identity proofing in 
the first place? 

286
00:15:37,900 --> 00:15:40,800
So, if I'm going to have a 
digital identity, some 

287
00:15:40,800 --> 00:15:45,500
organization needs to say, okay,
we are giving you, this is a 

288
00:15:45,500 --> 00:15:47,700
credential and is a few 
mentioned in India, for example,

289
00:15:47,700 --> 00:15:49,700
right there. 
There is a couple versions 

290
00:15:49,800 --> 00:15:51,900
sounds like there's a physical 
document and a digital document 

291
00:15:51,900 --> 00:15:54,200
goes along with that. 
So let's talk about identity 

292
00:15:54,200 --> 00:15:57,900
proofing. 
Where do you see this going in? 

293
00:15:57,900 --> 00:16:03,100
The future is it multiple 
credential providers doing this?

294
00:16:03,600 --> 00:16:06,200
Do you see something like Bank 
of America? 

295
00:16:06,200 --> 00:16:10,800
Does one thing Capital One does 
another US Bank doesn't other, 

296
00:16:10,800 --> 00:16:15,100
do you see maybe Consortium of 
financial services has like 

297
00:16:15,100 --> 00:16:19,000
their provider versus government
has other Education or medical 

298
00:16:19,000 --> 00:16:21,200
and things like that. 
I'd like to get into that a 

299
00:16:21,208 --> 00:16:23,300
little bit and just kind of 
understand like where do you see

300
00:16:23,300 --> 00:16:26,300
that? 
That identity proofing concept 

301
00:16:26,300 --> 00:16:29,500
going and maybe if we if you 
want to have anything else, you 

302
00:16:29,500 --> 00:16:32,100
want to add to that feel free. 
So I'll tell you today. 

303
00:16:32,200 --> 00:16:36,000
The identity proofing is, is 
primarily meant to check the 

304
00:16:36,000 --> 00:16:40,400
authenticity of the user as well
as your physical, the car, the 

305
00:16:40,400 --> 00:16:43,900
plastic card, this will evolve 
more. 

306
00:16:43,900 --> 00:16:47,800
We're in this lot of friction. 
The user has to stand in front 

307
00:16:47,800 --> 00:16:52,200
of a Camera your disk and whose 
documents the more this becomes 

308
00:16:52,200 --> 00:16:54,400
digitized. 
Let's say there's an mdl in 

309
00:16:54,400 --> 00:16:57,400
place. 
All I need to do is to verify 

310
00:16:57,400 --> 00:17:01,200
with the state in u.s. that this
particular mdl has been issued 

311
00:17:01,200 --> 00:17:03,100
by them, right? 
And there's a lot of 

312
00:17:03,100 --> 00:17:05,599
cryptographic ways to 
essentially do that. 

313
00:17:06,599 --> 00:17:11,500
So identity proofing is the 
means to create your credential 

314
00:17:11,500 --> 00:17:13,200
in the wallet. 
I know that's a mouthful, right?

315
00:17:13,200 --> 00:17:18,200
And multiple bunch of different 
terms but the the what is, Is 

316
00:17:18,300 --> 00:17:21,700
what is required today is to 
essentially go through the 

317
00:17:21,700 --> 00:17:25,200
proofing Journey so that now I 
can trust the credential that is

318
00:17:25,208 --> 00:17:29,900
coming in and and and the path 
in the future would be that I 

319
00:17:29,900 --> 00:17:32,500
may have to still do proofing, 
but I just need to prove you 

320
00:17:32,508 --> 00:17:36,200
know, if it's actually Jeff who 
is using this particular wallet 

321
00:17:36,500 --> 00:17:39,300
and and the credentials are 
coming from multiple different 

322
00:17:39,300 --> 00:17:40,800
sources. 
They coming from government 

323
00:17:40,800 --> 00:17:42,700
agencies and I'm just verifying 
with them. 

324
00:17:43,500 --> 00:17:45,900
What do you think is going to be
the accelerator where it's like 

325
00:17:46,600 --> 00:17:49,600
you hit that point and it's like
oh yeah this is the killer app 

326
00:17:49,600 --> 00:17:52,200
or can't really use case or 
whatever maybe that really 

327
00:17:52,600 --> 00:17:55,500
drives adoption because I think 
Mike pointed to you know 

328
00:17:55,600 --> 00:17:58,200
unfortunately we tend to be 
rather slow on some of the 

329
00:17:58,208 --> 00:18:01,000
stuff, right. 
We're behind in some areas at 

330
00:18:01,000 --> 00:18:06,800
least in the US but other than 
time budgets I feel like we have

331
00:18:07,000 --> 00:18:10,400
the technology everyone for the 
most part has a smartphone. 

332
00:18:11,100 --> 00:18:13,100
Lots of services have been 
digitized. 

333
00:18:13,200 --> 00:18:16,000
And what is the thing that is 
going to? 

334
00:18:16,100 --> 00:18:19,300
Or maybe a couple things that 
really say, oh okay, we've hit 

335
00:18:19,300 --> 00:18:22,000
this inflection point and, you 
know, it starts to see 

336
00:18:22,000 --> 00:18:25,100
exponential growth versus kind 
of a slower path. 

337
00:18:25,900 --> 00:18:31,200
So saving dollars fraud 
reduction in fraud as the common

338
00:18:31,200 --> 00:18:33,700
tribal bit, which every 
Industries are adopting it. 

339
00:18:34,600 --> 00:18:37,400
Some of the leading Industries 
are on the financial side 

340
00:18:37,400 --> 00:18:41,700
because repeated cost and Cave. 
I see Canada has a good model in

341
00:18:41,700 --> 00:18:44,200
place. 
There are other Was a TI see 

342
00:18:45,400 --> 00:18:49,500
those two weeks back I guess and
they're the discussions of 

343
00:18:49,500 --> 00:18:52,900
proofing is about five years 
ahead of what we're talking 

344
00:18:52,900 --> 00:18:55,600
about now they're talking about 
verifiable credentials how they 

345
00:18:55,600 --> 00:18:58,200
can essentially use it as well 
but yeah to answer your 

346
00:18:58,200 --> 00:19:01,500
questions industry wise. 
There are multiple different use

347
00:19:01,500 --> 00:19:05,600
cases and examples kyc here in 
US. 

348
00:19:06,500 --> 00:19:08,500
Healthcare is come to an 
inflection point. 

349
00:19:08,500 --> 00:19:12,700
There is deaf cow. 
There are in other standards in 

350
00:19:12,700 --> 00:19:14,600
place. 
Which essentially say, I need to

351
00:19:14,600 --> 00:19:17,700
be interoperable with my 
different networks with my 

352
00:19:17,700 --> 00:19:20,800
different providers and for 
that, I need to have an identity

353
00:19:20,800 --> 00:19:25,200
wallet with a proof of identity 
in place as well, and then maybe

354
00:19:25,200 --> 00:19:26,700
they're a couple more 
Industries. 

355
00:19:27,100 --> 00:19:30,700
Yeah, the healthcare use case is
probably the most advanced that 

356
00:19:30,700 --> 00:19:34,500
I've seen in the United States. 
So there's an organization 

357
00:19:34,500 --> 00:19:36,500
called the Karen Alliance. 
Then I'm sure you've seen it to 

358
00:19:36,500 --> 00:19:39,000
some of the shows that we all 
travel together and Karen is 

359
00:19:39,000 --> 00:19:42,500
spelled c-- a Rin. 
It's not some lady's name. 

360
00:19:43,300 --> 00:19:45,700
It stands for creating access to
real-time information. 

361
00:19:45,700 --> 00:19:51,000
Now and what it means is you are
obligated as certain types of 

362
00:19:51,000 --> 00:19:55,000
providers of platforms, for 
example, Epic Systems must allow

363
00:19:55,000 --> 00:19:57,700
you to download and access your 
own Healthcare records. 

364
00:19:58,500 --> 00:20:00,700
That's great. 
So, you whip out your Apple or 

365
00:20:00,700 --> 00:20:04,000
Google Wallet today. 
Right now today and go to health

366
00:20:04,300 --> 00:20:07,800
and say, get my data. 
If the hospital you're going to 

367
00:20:07,800 --> 00:20:11,600
is an epic, and there's a couple
other providers epic required by

368
00:20:11,600 --> 00:20:13,100
law. 
Now, to give you access to your 

369
00:20:13,200 --> 00:20:16,800
Our own data, the next stage of 
that is to, then, to let that 

370
00:20:16,800 --> 00:20:19,900
data flow from one doctor to 
another or one provider to 

371
00:20:19,900 --> 00:20:21,200
another. 
You now, painful that is now 

372
00:20:21,200 --> 00:20:24,900
when you go to a new hospital in
Timbuktu and they're faxing 

373
00:20:24,900 --> 00:20:27,400
papers or just you know they 
can't find you whatever. 

374
00:20:27,400 --> 00:20:31,800
So this Alliance Karen has 
brought together about 40 

375
00:20:31,800 --> 00:20:36,300
different, payers providers, and
Technology providers, like us to

376
00:20:36,900 --> 00:20:39,300
improve a Concepts and put out a
big white paper about this. 

377
00:20:39,300 --> 00:20:42,100
It's real, it's actually 
happening today, so that's 

378
00:20:42,100 --> 00:20:45,100
exciting. 
The you Case was there protect 

379
00:20:45,100 --> 00:20:48,900
my data HIPAA that those types 
of principles digitized and 

380
00:20:48,900 --> 00:20:52,000
allow me to access it and then 
share it in a privacy-preserving

381
00:20:52,000 --> 00:20:53,600
way. 
So that's exciting. 

382
00:20:54,000 --> 00:20:57,500
And when we see, maybe they'll 
be a mandate that requires this 

383
00:20:57,500 --> 00:20:59,600
in the banking industry. 
Well, now you're going to have 

384
00:20:59,600 --> 00:21:02,600
some things starting to happen 
that's one way that the path 

385
00:21:02,600 --> 00:21:05,600
could be accelerated. 
Money usually drives stuff. 

386
00:21:06,400 --> 00:21:08,600
That wouldn't surprise me at all
because for every regulation. 

387
00:21:08,600 --> 00:21:10,500
Yeah. 
Regulations which you could 

388
00:21:10,500 --> 00:21:14,800
argue, could be driven by money.
Let's talk a little about 

389
00:21:14,800 --> 00:21:16,900
pastoralist because I think this
is something that I've been 

390
00:21:16,900 --> 00:21:20,300
bullish it on for a few years. 
Now, this is a space. 

391
00:21:20,300 --> 00:21:21,600
You guys definitely playing as 
well. 

392
00:21:22,900 --> 00:21:25,100
If we go by Bill, Gates is 
calendar. 

393
00:21:25,800 --> 00:21:30,000
The password died in 2006. 
I know about you but I've 

394
00:21:30,000 --> 00:21:33,200
already typed in three passwords
today, alone to get in different

395
00:21:33,200 --> 00:21:36,200
things. 
So, we're behind there as well. 

396
00:21:36,200 --> 00:21:40,700
Perhaps, where do we see 
password list going in the next 

397
00:21:40,700 --> 00:21:44,400
three to five years, is it did. 
You know, obviously the Fido 

398
00:21:44,500 --> 00:21:48,900
Alliance and getting Apple 
Google Microsoft kind of all on 

399
00:21:48,900 --> 00:21:51,800
the same page from a browser. 
And a mobile perspective was a 

400
00:21:51,800 --> 00:21:54,300
big win, we're starting to see, 
passkey support roll out. 

401
00:21:54,700 --> 00:21:57,300
I just set up passkey, I my 
Google account the other day and

402
00:21:57,300 --> 00:21:58,900
it's great. 
Fantastic. 

403
00:21:59,500 --> 00:22:02,000
When are we going to see more of
that out there and really get 

404
00:22:02,000 --> 00:22:04,400
into this pastor Lewis base? 
Michael start with you. 

405
00:22:04,400 --> 00:22:06,900
And then I want to hear who say,
for your thoughts, from, from 

406
00:22:06,900 --> 00:22:08,400
your perspective, how you see it
going? 

407
00:22:09,400 --> 00:22:14,600
Yeah, spaz wordless is here and 
there's a quote by Reid, 

408
00:22:14,600 --> 00:22:17,100
Hoffman, who founded LinkedIn. 
And, you know, I think he's part

409
00:22:17,100 --> 00:22:20,100
of the PayPal Mafia. 
But he says, if you're not 

410
00:22:20,500 --> 00:22:23,300
embarrassed by your first 
release, you waited too long. 

411
00:22:23,400 --> 00:22:25,900
Well, that did not happen with 
passkeys, it's out. 

412
00:22:25,900 --> 00:22:28,100
There it works. 
Sometimes it works. 

413
00:22:28,100 --> 00:22:30,300
A lot of the times depending who
you are your environment this or

414
00:22:30,300 --> 00:22:32,100
that. 
So I see it breaking and lots of

415
00:22:32,108 --> 00:22:35,300
places but it's here and to your
point when it works works. 

416
00:22:35,300 --> 00:22:39,000
Well, it is the future. 
The Fido Alliance has really 

417
00:22:39,400 --> 00:22:43,500
Made this this a reality. 
And now the reason it's possible

418
00:22:43,500 --> 00:22:46,100
it was not possible eight years 
ago because we didn't have a 

419
00:22:46,100 --> 00:22:48,900
place to keep it private key. 
All right, the phone's didn't 

420
00:22:48,900 --> 00:22:52,200
have TPMS and and the standards 
weren't in browsers to interface

421
00:22:52,200 --> 00:22:53,900
it. 
So that's all here. 

422
00:22:53,900 --> 00:22:57,800
Now now it's a matter of working
out the edge cases to make it 

423
00:22:58,100 --> 00:23:02,400
really a part of our day-to-day.
But password list is a tool. 

424
00:23:03,000 --> 00:23:06,600
It is a way for you, to present 
a secure credential that secure 

425
00:23:06,600 --> 00:23:09,500
credential needs to be linked 
back to a real-world identity to

426
00:23:09,500 --> 00:23:13,400
really prevent fraud. 
So what if you have a passkey 

427
00:23:13,700 --> 00:23:16,200
but you don't know who's 
presenting it. 

428
00:23:16,600 --> 00:23:19,700
Alright, so a lot of times the 
fallback comes username password

429
00:23:19,700 --> 00:23:22,700
and I when you have to set up, 
or re buying or go back to your 

430
00:23:22,700 --> 00:23:25,900
cloud provider to go fetch the 
passkey, so I'm going to will 

431
00:23:25,900 --> 00:23:29,600
see a linking of the identity 
proofing, which we spend a few 

432
00:23:29,600 --> 00:23:33,200
minutes on here. 
With the issuance of password 

433
00:23:33,200 --> 00:23:36,200
list, Fido, passkeys that 
together something we refer to 

434
00:23:36,200 --> 00:23:39,700
as identity. 
Based authentication without 

435
00:23:39,800 --> 00:23:43,800
those two together, you have H 
ba instead of IBA HP, a stands 

436
00:23:43,800 --> 00:23:46,400
for Hope based authentication 
and we don't we don't like that.

437
00:23:46,400 --> 00:23:52,300
So I had to get that one in 
there so I'll yeah it's here and

438
00:23:52,300 --> 00:23:54,000
every organization is talking 
about it. 

439
00:23:54,000 --> 00:23:57,800
Now the path to get there, the 
adoption is where we see 

440
00:23:57,800 --> 00:24:03,300
companies differentiating in 
their A Journeys and on the 

441
00:24:03,300 --> 00:24:07,400
Enterprise side that is a much 
stronger adoption for password 

442
00:24:07,400 --> 00:24:10,200
list. 
Number one, they controlling the

443
00:24:10,200 --> 00:24:14,700
users they control the systems 
and the need is just reducing 

444
00:24:14,700 --> 00:24:17,300
costs to. 
I have 100 applications on a 

445
00:24:17,308 --> 00:24:18,500
thousand applications. 
Right? 

446
00:24:18,500 --> 00:24:21,200
How many password reset cost 
that I can eliminate. 

447
00:24:21,500 --> 00:24:23,000
So definitely from that 
perspective. 

448
00:24:23,000 --> 00:24:27,100
On the Enterprise side, we have 
seen in the last two years that 

449
00:24:27,200 --> 00:24:30,200
every organization has some 
effort of password list. 

450
00:24:31,600 --> 00:24:35,700
When it comes to on, on your 
customer site, that's where 

451
00:24:36,300 --> 00:24:38,900
there has to be a little bit 
more adoption and place some 

452
00:24:38,900 --> 00:24:41,600
more edge cases. 
I don't have a SmartPhone. 

453
00:24:41,600 --> 00:24:42,900
I have a flip phone. 
Right? 

454
00:24:42,900 --> 00:24:46,900
How do I get those users into 
the mix as well? 

455
00:24:46,900 --> 00:24:50,300
So we can provide much more of a
standardized experience, is 

456
00:24:50,308 --> 00:24:53,700
there a point where we say, You 
must be this tall to ride. 

457
00:24:54,000 --> 00:24:58,200
You must have a smartphone of 
this level of capability, TPM, 

458
00:24:58,200 --> 00:25:00,300
chip, or some other secure, 
Enclave, whatever it may be. 

459
00:25:01,000 --> 00:25:05,300
And you know, if we keep 
designing for things that can't 

460
00:25:05,300 --> 00:25:08,400
support it, I feel like this is 
where I right now is we're not 

461
00:25:08,500 --> 00:25:11,700
moving because we're still kind 
of holding on to the past so 

462
00:25:11,700 --> 00:25:16,900
Jeff I have the mindset that 
it's not black or white you have

463
00:25:16,900 --> 00:25:21,300
to give the option to the user 
and that's what we preach to 

464
00:25:21,300 --> 00:25:23,000
organization that we talked to 
that. 

465
00:25:23,200 --> 00:25:27,600
Don't approach any password less
initiative as I was with 

466
00:25:27,600 --> 00:25:30,000
passwords yesterday and I'm 
password list tomorrow. 

467
00:25:30,600 --> 00:25:34,700
I would rather have it as you 
introduce it and then you have 

468
00:25:34,700 --> 00:25:38,000
your adoption curve towards it. 
You incentivize them, you tell 

469
00:25:38,000 --> 00:25:42,000
them that you sign up for my for
my password less, right? 

470
00:25:42,200 --> 00:25:46,900
You don't have to do XYZ, right?
So I believe that's the approach

471
00:25:46,900 --> 00:25:50,400
that organization especially on 
the consumer, the customer 

472
00:25:50,400 --> 00:25:52,900
facing sides. 
Have to adopt, give both the 

473
00:25:52,900 --> 00:25:55,600
options to the users, right? 
I think it's a really important 

474
00:25:55,600 --> 00:25:58,600
thing is, I think that sometimes
gets lost in the messaging. 

475
00:25:58,600 --> 00:26:00,500
It's this binary thing, either 
your past. 

476
00:26:00,600 --> 00:26:03,800
So so you're not only the Sith 
deals in absolutes. 

477
00:26:04,500 --> 00:26:07,300
I think it's just another arrow 
in the quiver of an identity 

478
00:26:07,300 --> 00:26:10,000
professional to say. 
Hey this is a good use case 

479
00:26:10,000 --> 00:26:11,800
rapacity. 
Let's give that option to 

480
00:26:11,800 --> 00:26:13,800
people. 
Some people take a management, 

481
00:26:13,800 --> 00:26:15,300
some people won't especially 
think right now. 

482
00:26:15,300 --> 00:26:18,300
I think we're in this adoption 
cycle, right? 

483
00:26:18,300 --> 00:26:22,100
The Technology's there, the 
things are there but people may 

484
00:26:22,100 --> 00:26:24,300
not be comfortable, whatever 
reason, or maybe there are 

485
00:26:24,300 --> 00:26:28,200
different methods for delivery 
of that information, but if we 

486
00:26:28,208 --> 00:26:32,100
start providing at least as an 
option, great To your point, 

487
00:26:32,200 --> 00:26:35,100
should not be the only option. 
Maybe maybe it is, maybe it's 

488
00:26:35,100 --> 00:26:37,300
not a good option. 
Maybe I'll put you guys in a 

489
00:26:37,300 --> 00:26:39,000
spot. 
Is there a spot today that you 

490
00:26:39,000 --> 00:26:41,100
guys can think of where Pastor 
Willis? 

491
00:26:41,100 --> 00:26:45,000
Just doesn't make sense. 
Take every other factor out of 

492
00:26:45,000 --> 00:26:50,900
this cost technology political 
ramifications within the 

493
00:26:50,900 --> 00:26:52,300
organization where that looks 
like. 

494
00:26:52,700 --> 00:26:55,200
But can you think of any 
scenario where password list 

495
00:26:55,200 --> 00:26:58,000
just is not a good solution 
today? 

496
00:26:58,700 --> 00:27:01,700
Well, the definition of 
pastoralists is One Challenge, 

497
00:27:01,700 --> 00:27:05,500
as I'm doing a talk in about two
hours and it's the five either 

498
00:27:05,600 --> 00:27:08,300
things to consider as you go 
password list or the five 

499
00:27:08,300 --> 00:27:12,800
pitfalls to avoid. 
And one of them is defining, 

500
00:27:12,800 --> 00:27:14,900
what your password is calls are,
right? 

501
00:27:14,900 --> 00:27:17,400
Is it, if you Google? 
I did a little slider. 

502
00:27:17,400 --> 00:27:19,500
It says, here's G Petey's 
definition of password. 

503
00:27:19,500 --> 00:27:20,600
Listen, here's claude's right 
there. 

504
00:27:20,600 --> 00:27:23,200
That one of the competitors 
they're completely different and

505
00:27:23,200 --> 00:27:25,900
Merriam Webster says to be 
without passwords, right? 

506
00:27:25,900 --> 00:27:30,800
So, so it's so vague. 
I mean, there's no. 

507
00:27:30,900 --> 00:27:34,600
Cuse that in any industry. 
Where you couldn't as an example

508
00:27:34,600 --> 00:27:37,900
if you do it right have a webcam
and just walk in front of it, 

509
00:27:37,900 --> 00:27:40,800
Minority Report style and boom. 
You're either through a choke 

510
00:27:40,800 --> 00:27:42,700
point or logged into a terminal 
and you're good to go. 

511
00:27:42,700 --> 00:27:45,900
Like on a manufacturing floor, 
wearing gloves I got a helmet on

512
00:27:45,900 --> 00:27:48,500
like there's all these edge 
cases that you do need to handle

513
00:27:49,100 --> 00:27:53,400
and I think we can get there 
80-85 percent. 

514
00:27:53,400 --> 00:27:56,400
Pretty quickly. 
That 15% will be you'll need 

515
00:27:56,400 --> 00:27:58,600
like four or five different 
options to be able to handle 

516
00:27:58,600 --> 00:28:00,700
them. 
I don't know specifically of a 

517
00:28:01,200 --> 00:28:03,600
Example, but like the 
manufacturing floor if you're 

518
00:28:04,000 --> 00:28:07,400
full get up and you got to do 
stuff is not a good way to 

519
00:28:07,400 --> 00:28:11,000
interface with any technology. 
It took a while for the iPhone 

520
00:28:11,000 --> 00:28:13,300
to catch up with wearing masks. 
Yeah. 

521
00:28:13,300 --> 00:28:15,700
You know who couldn't do the 
face idea unless you brought the

522
00:28:15,700 --> 00:28:19,700
mass down depending on your 
setting that was acceptable or 

523
00:28:19,700 --> 00:28:22,400
not acceptable. 
So what I wanted to bring up was

524
00:28:22,400 --> 00:28:26,000
the user experience because it 
you know, I'm I'm pretty hot to 

525
00:28:26,000 --> 00:28:28,600
trot on the passkey. 
I think it's a major step 

526
00:28:28,600 --> 00:28:32,000
forward. 
I think that The user experience

527
00:28:32,000 --> 00:28:37,200
committee over at Fido alliances
doing yeoman's work to get 

528
00:28:37,700 --> 00:28:42,600
commonality in terms of how 
registration for passkeys goes 

529
00:28:42,600 --> 00:28:45,700
and things like that. 
But also if you sit through a 

530
00:28:45,700 --> 00:28:50,900
demo the four of us are all like
wow that's really not that hard.

531
00:28:51,100 --> 00:28:55,800
But then you know, my lens which
is I think could my dad do this.

532
00:28:56,000 --> 00:28:59,900
Yeah. 
He he would say forget this, I'm

533
00:28:59,900 --> 00:29:02,300
not once he hit A wall he be 
done. 

534
00:29:02,500 --> 00:29:08,800
And so, I think that it's the 
Catch-22, which is it got kind 

535
00:29:08,800 --> 00:29:11,700
as to get to ubiquity the 
Catch-22. 

536
00:29:11,700 --> 00:29:14,500
Part being you can't get 
ubiquity until it's like 

537
00:29:14,600 --> 00:29:18,700
everywhere. 
But it's hard for it to become 

538
00:29:18,800 --> 00:29:22,100
commonplace in easy for people 
until it gets to that point. 

539
00:29:22,100 --> 00:29:26,800
So you have that that 
uncomfortable transition, which 

540
00:29:26,800 --> 00:29:30,800
I think we're just in the 
beginning of now to get to the 

541
00:29:30,900 --> 00:29:35,500
Point where her people are 
comfortable using the past keys,

542
00:29:35,500 --> 00:29:38,800
and registering for it, and 
understand what's going on or 

543
00:29:38,800 --> 00:29:40,900
not having to understand what's 
going on. 

544
00:29:41,100 --> 00:29:44,200
But if you are going in as like,
okay, use your Microsoft 

545
00:29:44,200 --> 00:29:46,000
authenticator and do this and do
that. 

546
00:29:46,000 --> 00:29:49,600
And it only works within this 
realm, I mean that's going to be

547
00:29:49,900 --> 00:29:54,000
confusing and I use my dad as an
example, but even for other 

548
00:29:54,000 --> 00:29:58,200
people in my life, my life who 
are not technology people. 

549
00:29:59,000 --> 00:30:01,700
It's they don't want to 
understand and all what's going 

550
00:30:01,700 --> 00:30:04,100
on, they just want to get into 
their service. 

551
00:30:04,200 --> 00:30:07,000
Of course, they don't want to 
have their information 

552
00:30:07,000 --> 00:30:10,600
compromised, nobody wants that, 
but they don't have to jump 

553
00:30:10,600 --> 00:30:13,500
through hurdles. 
So that's where we have to get. 

554
00:30:13,500 --> 00:30:18,800
And I sort this transitions all 
about one important thing an 

555
00:30:18,800 --> 00:30:25,900
analyst told me and he said that
we always look at the problems, 

556
00:30:26,000 --> 00:30:27,700
you know, from a first-world 
perspective. 

557
00:30:28,400 --> 00:30:32,000
And if you look at Latin 
America, if you look at Asia, 

558
00:30:32,600 --> 00:30:38,600
there's a large volume of users.
You cannot expect them to have a

559
00:30:38,600 --> 00:30:41,200
password less experienced 
similar to what we have. 

560
00:30:42,000 --> 00:30:45,100
So, it's important to 
understand, you know what, their

561
00:30:45,100 --> 00:30:49,100
challenges are phones, Etc, and 
they have MFA requirements. 

562
00:30:49,100 --> 00:30:52,300
They just introducing the 
government's introducing that, 

563
00:30:52,700 --> 00:30:54,700
so they may still go with the 
Legacy. 

564
00:30:54,900 --> 00:30:58,700
Third of a username password and
an OTP, you introduce more 

565
00:30:58,700 --> 00:31:01,400
friction for them. 
And then in those geography, is 

566
00:31:01,400 --> 00:31:05,000
if, you know, for this more 
users, would more tech savvy. 

567
00:31:05,700 --> 00:31:09,000
You lessen, the friction you 
don't have to do it three times 

568
00:31:09,200 --> 00:31:12,100
just to send hundred dollars 
from one user to the other. 

569
00:31:13,500 --> 00:31:17,200
But you have to understand the 
audience, all right? 

570
00:31:17,200 --> 00:31:19,300
And introduce it. 
And they will get to the 

571
00:31:19,300 --> 00:31:23,700
adoption curve just based on 
more technology, adoption Etc. 

572
00:31:23,700 --> 00:31:28,300
But Knowing knowing the user 
knowing the geography that you 

573
00:31:28,300 --> 00:31:31,800
play in as important as well. 
Yeah, I think, you know, in 

574
00:31:31,800 --> 00:31:33,700
terms of the transition, 
hopefully, it doesn't take as 

575
00:31:33,700 --> 00:31:36,200
long as this. 
But, you know, think about how 

576
00:31:36,200 --> 00:31:40,200
people did banking when we were 
kids, you know, a long long time

577
00:31:40,200 --> 00:31:43,800
ago, they went to the bank, they
stood in line, they went to the 

578
00:31:43,800 --> 00:31:48,300
teller and now banks have 
discouraged that so much. 

579
00:31:48,300 --> 00:31:50,100
Right. 
You might even have to pay a fee

580
00:31:50,300 --> 00:31:54,100
to go see her tell her, right? 
They want you to use the ATM or 

581
00:31:54,500 --> 00:31:55,400
bank. 
Online. 

582
00:31:56,100 --> 00:31:59,400
The people that are parents, you
know many of them are still 

583
00:31:59,400 --> 00:32:03,700
around and they just had to 
adopt adapt but their parents 

584
00:32:03,700 --> 00:32:07,500
are no longer around but you 
know so I think it hopefully 

585
00:32:07,500 --> 00:32:11,000
doesn't take as long to 
transition for password says it 

586
00:32:11,000 --> 00:32:16,900
has from physical Bank visits 
but I kind of see the analogy 

587
00:32:17,500 --> 00:32:19,700
has to be indistinct 
indistinguishable from Magic. 

588
00:32:19,700 --> 00:32:22,200
Really for them to be able to do
it like you walk up and you do 

589
00:32:22,200 --> 00:32:24,600
that first time of Apple pay 
your a little leery. 

590
00:32:24,800 --> 00:32:25,900
Oh yeah. 
And then all the sudden you're 

591
00:32:25,900 --> 00:32:28,300
like holy crap, this is I'm 
doing this. 

592
00:32:28,300 --> 00:32:31,000
Every time I think that'll 
happen with every generation 

593
00:32:31,000 --> 00:32:33,700
eventually, I might be able to 
leave my wallet at home and that

594
00:32:33,700 --> 00:32:35,800
would be a great thing just 
carry my phone. 

595
00:32:35,800 --> 00:32:39,500
I have to pay for everything and
I get pulled over all my 

596
00:32:39,500 --> 00:32:43,800
documents are on my, my wallet 
on my phone. 

597
00:32:43,900 --> 00:32:46,400
Yeah, that'd be fantastic. 
Who wouldn't want that? 

598
00:32:46,500 --> 00:32:48,100
Well, where am I going to keep 
my Mary's Mountain? 

599
00:32:48,100 --> 00:32:51,100
Cookie punch card. 
So I get my six punch card. 

600
00:32:51,200 --> 00:32:54,000
Tell them to go verifiable 
credentials for crying out loud.

601
00:32:54,000 --> 00:32:56,300
You exactly, right. 
For probably one more app on 

602
00:32:56,300 --> 00:32:57,500
your phone. 
Yeah. 

603
00:32:57,500 --> 00:32:59,400
There you go. 
Mike, even John about a bunch of

604
00:32:59,408 --> 00:33:00,900
notes. 
Do we hit everything that you 

605
00:33:00,900 --> 00:33:04,200
wanted to cover today? 
Well, there's I mentioned 

606
00:33:04,300 --> 00:33:08,200
Biometrics, right? 
It really is an enabler when 

607
00:33:08,200 --> 00:33:10,600
done, right? 
And I want to point out 

608
00:33:10,600 --> 00:33:12,700
something that not too many 
people know about yet. 

609
00:33:12,700 --> 00:33:16,400
In March of this year, the White
House put out a paper, it's 

610
00:33:16,400 --> 00:33:21,700
called the national strategy, to
advance privacy-preserving data 

611
00:33:21,700 --> 00:33:24,600
and sharing analytics be pdsa, 
another acronym. 

612
00:33:24,700 --> 00:33:28,800
That we need and in this 45-page
report they talk about what it's

613
00:33:28,800 --> 00:33:32,500
going to take for the government
to use Biometrics in a safe way,

614
00:33:33,400 --> 00:33:37,400
and they mentioned two concepts 
privacy enhancing techniques are

615
00:33:37,400 --> 00:33:40,400
pets and privacy, preserving 
data, sharing and analytics. 

616
00:33:40,400 --> 00:33:43,600
So how do you collect Biometrics
or use Biometrics in a way that 

617
00:33:43,600 --> 00:33:46,400
lets you prove who somebody is 
without storing a bunch of 

618
00:33:46,400 --> 00:33:50,400
photos in a database right where
bad things could happen because 

619
00:33:50,600 --> 00:33:53,000
when you go to the IRS to pay 
our taxes, do you trust that? 

620
00:33:53,000 --> 00:33:54,600
That face isn't going to be used
against you in? 

621
00:33:54,800 --> 00:33:57,800
Court of law because you I don't
know, look like somebody else 

622
00:33:57,800 --> 00:34:00,100
who got, you know, committed a 
crime in New York City. 

623
00:34:00,100 --> 00:34:02,200
Nobody is this good looking? 
That's right, that's right, and 

624
00:34:02,200 --> 00:34:04,300
indistinguishable from from the 
real Jeff. 

625
00:34:04,700 --> 00:34:09,100
So these are there's a couple 
Technologies now. 

626
00:34:09,100 --> 00:34:11,400
Like there's concept of 
something called homomorphic 

627
00:34:11,400 --> 00:34:13,900
encryption. 
Neural networks in these types 

628
00:34:13,900 --> 00:34:16,699
of things, the word homomorphic 
encryption is mentioned as paper

629
00:34:16,699 --> 00:34:20,199
over 20 times. 
We are rolling out a technology 

630
00:34:20,199 --> 00:34:24,500
that lets you look into a camera
and within one second. 

631
00:34:25,000 --> 00:34:29,500
At the edge can tell you if it's
Jeff yes or no and send back, 

632
00:34:29,600 --> 00:34:32,400
basically the equivalent of a 
public key to a server and I 

633
00:34:32,408 --> 00:34:35,300
could do all this cryptographic 
stuff without any server-side 

634
00:34:35,300 --> 00:34:38,500
image is being captured. 
So imagine, you know, it's kind 

635
00:34:38,500 --> 00:34:40,300
of Minority Report. 
But if you knew the bit that the

636
00:34:40,308 --> 00:34:41,900
good guys couldn't use your 
face. 

637
00:34:41,900 --> 00:34:44,900
All there was was a bunch of 
jumbled numbers in a that they 

638
00:34:44,900 --> 00:34:47,500
couldn't do anything with. 
That would be a game-changing. 

639
00:34:47,800 --> 00:34:50,100
I'm way to think about it and 
the reason that's important 

640
00:34:50,100 --> 00:34:53,100
we're talking about wallets and 
we're talking about past keys 

641
00:34:53,100 --> 00:34:56,199
and private keys. 
Coveri we didn't talk about 

642
00:34:56,199 --> 00:34:58,400
account recovery. 
What happens when you lose your 

643
00:34:58,400 --> 00:35:02,700
wallet, my house burned down my 
Android, my USB you because all 

644
00:35:02,700 --> 00:35:05,100
these things are gone. 
How do you start from scratch? 

645
00:35:05,100 --> 00:35:08,500
If your private keys are gone. 
Well, there's, there's 

646
00:35:08,500 --> 00:35:11,700
technologies that will allow us 
to potentially recover that 

647
00:35:11,700 --> 00:35:16,000
using multi-party Computing and 
using your Biometrics to be able

648
00:35:16,000 --> 00:35:18,500
to recover your identity. 
And it's going to be a cat and 

649
00:35:18,500 --> 00:35:20,400
mouse game with things like 
defects and AI. 

650
00:35:20,400 --> 00:35:23,100
We didn't talk about AI either. 
There's a place for that and in 

651
00:35:23,100 --> 00:35:25,600
the in the world. 
Maybe that's a whole separate 

652
00:35:25,600 --> 00:35:27,900
episode, right? 
So I'm really bullish on 

653
00:35:27,900 --> 00:35:31,100
Biometrics and age. 
Verification to is really hard 

654
00:35:31,100 --> 00:35:32,800
and dealing with minors 
identity. 

655
00:35:33,100 --> 00:35:36,200
We didn't talk about that. 
How do you prove that somebody's

656
00:35:36,200 --> 00:35:39,000
15 and not 13 to get in online 
and use Facebook? 

657
00:35:39,000 --> 00:35:41,700
There's new legislation that 
came out there. 

658
00:35:41,700 --> 00:35:43,700
Trying to pass a law that says 
you can't use Facebook if you're

659
00:35:43,700 --> 00:35:45,300
under 18. 
All right. 

660
00:35:45,400 --> 00:35:47,400
Yeah. 
Like, that's pretty, it's pretty

661
00:35:47,400 --> 00:35:50,500
serious. 
It's another 18 actually using 

662
00:35:50,500 --> 00:35:51,800
Facebook, though. 
Yeah, right. 

663
00:35:51,800 --> 00:35:54,200
Exactly too late. 
Maybe for the old people now. 

664
00:35:54,200 --> 00:35:55,800
So, yeah. 
These things of the Privacy 

665
00:35:55,800 --> 00:35:59,400
preserving, the Biometrics age 
verification were, and also we 

666
00:35:59,400 --> 00:36:02,100
didn't talk about diversity 
equity and inclusion who's ever 

667
00:36:02,100 --> 00:36:04,600
touched on a bit with, like, you
know, the ability for everybody 

668
00:36:04,600 --> 00:36:06,100
to be able to use these 
Technologies. 

669
00:36:06,500 --> 00:36:09,500
So these are things were working
on that Cantera has has a whole 

670
00:36:09,600 --> 00:36:13,000
D EI working group. 
Like, how do we do nist, 160, 

671
00:36:13,000 --> 00:36:15,500
3-3 with somebody who has no 
records? 

672
00:36:16,600 --> 00:36:19,300
Well, that's hard. 
But we have to figure it out on 

673
00:36:19,300 --> 00:36:20,700
the internet. 
Everybody knows you're a dog. 

674
00:36:20,900 --> 00:36:23,100
That's right. 
I actually think just as you 

675
00:36:23,100 --> 00:36:26,900
were talking about those White 
House paper and talking about 

676
00:36:26,900 --> 00:36:29,300
these different privacy 
initiatives. 

677
00:36:29,500 --> 00:36:32,500
I think that could be one of the
biggest stumbling blocks to, you

678
00:36:32,500 --> 00:36:35,400
know, self Sovereign identity 
and a lot of these things 

679
00:36:35,400 --> 00:36:37,900
overall. 
What I don't look. 

680
00:36:37,900 --> 00:36:42,500
I'm not like a extreme privacy 
Hawk, but I also see what's 

681
00:36:42,500 --> 00:36:45,600
happened with like this cookie 
thing, right? 

682
00:36:45,600 --> 00:36:47,500
You had every website, throws up
a bars. 

683
00:36:47,500 --> 00:36:50,600
Like do you want to block 
cookies or accept cookies? 

684
00:36:50,600 --> 00:36:52,800
You click block cookies, forget 
about it. 

685
00:36:53,000 --> 00:36:54,600
Nothing on that website is going
to work. 

686
00:36:55,000 --> 00:36:59,300
So if it just becomes like, hey 
do you give us the right to take

687
00:36:59,300 --> 00:37:05,100
all your data from your digital 
Identity or you want blocked and

688
00:37:05,100 --> 00:37:08,200
you can't use our service, you 
can't pay for your utility bill 

689
00:37:08,200 --> 00:37:10,600
online or check your usage or 
whatever. 

690
00:37:11,600 --> 00:37:16,600
So to me, privacy has the 
greatest potential to become 

691
00:37:16,600 --> 00:37:20,800
stumbling block because what 
happens is when the needle goes 

692
00:37:20,800 --> 00:37:25,800
too far in terms of you know not
Respecting privacy. 

693
00:37:25,800 --> 00:37:28,900
Then the regulations tried to 
come back and they end up 

694
00:37:28,900 --> 00:37:31,700
overcompensating. 
Sometimes they become 

695
00:37:31,700 --> 00:37:34,700
ineffective, like this thing 
with the with the cookies. 

696
00:37:35,300 --> 00:37:37,200
Yeah, whoo. 
It's receive that in the 

697
00:37:37,207 --> 00:37:39,400
Enterprise as well. 
You know, you have this amazing 

698
00:37:39,400 --> 00:37:43,400
password list tool, you got a 
phone, it's secure and you used 

699
00:37:43,400 --> 00:37:46,300
your MDM to deploy it. 
And then some employees are 

700
00:37:46,300 --> 00:37:49,700
allowed to say, I don't want to 
use my phone, make me have a 

701
00:37:49,707 --> 00:37:51,900
corporate phone or they don't 
you don't have to make them do 

702
00:37:51,900 --> 00:37:54,200
that. 
And I don't know, I'm kind of 

703
00:37:54,200 --> 00:37:56,000
old school. 
Like, the way you raise kids 

704
00:37:56,000 --> 00:37:58,300
today versus yesterday or 
whatever, but don't work here, 

705
00:37:59,300 --> 00:38:01,100
but you can't do that, right? 
It's not the culture you want to

706
00:38:01,100 --> 00:38:02,600
create. 
So, yeah, there's, there's 

707
00:38:02,600 --> 00:38:04,600
people that won't turn Face. 
I'd be on their phone and then 

708
00:38:04,600 --> 00:38:06,700
Fido doesn't work. 
They'll face idea, I don't think

709
00:38:06,700 --> 00:38:09,200
you can use phyto. 
Passkeys with a 6-digit pin. 

710
00:38:09,200 --> 00:38:11,200
Can you? 
I think that's one of the 

711
00:38:11,200 --> 00:38:14,900
devil's one details claimants. 
Yeah, so people won't why won't 

712
00:38:14,900 --> 00:38:17,300
people use face ID? 
Because they're afraid. 

713
00:38:17,300 --> 00:38:20,000
Cops going to pull them over or 
they go to the other country and

714
00:38:20,008 --> 00:38:21,700
they're going to wave the phone 
in front of their face and 

715
00:38:21,700 --> 00:38:24,100
unlock their data. 
And I mean it's pretty tinfoil 

716
00:38:24,100 --> 00:38:26,200
hat, kind of stuff. 
If but to each their own. 

717
00:38:26,200 --> 00:38:30,300
So yeah. 
It's these Technologies. 

718
00:38:30,300 --> 00:38:33,000
People can say no to them and 
sometimes you have to let them 

719
00:38:33,000 --> 00:38:35,100
operate anyway. 
Wasn't that just progress 

720
00:38:35,100 --> 00:38:38,100
though? 
I mean people were against cars,

721
00:38:38,100 --> 00:38:40,800
right? 
And the phone lights? 

722
00:38:41,000 --> 00:38:41,900
Yeah. 
I mean, everything. 

723
00:38:41,900 --> 00:38:43,800
Yeah. 
It's the great cycle. 

724
00:38:43,800 --> 00:38:46,400
I think of human and inventions.
That's right. 

725
00:38:46,400 --> 00:38:47,900
There's always changes heart, 
right? 

726
00:38:47,900 --> 00:38:51,000
You're changing up something. 
We see it all the time. 

727
00:38:52,800 --> 00:38:54,700
That guy kind of deep. 
So why do we end on a while? 

728
00:38:54,800 --> 00:39:01,800
No, we're in Vegas we're at a 
diverse and I feel like if 

729
00:39:01,800 --> 00:39:04,700
you've been here maybe more than
a handful of times a couple 

730
00:39:04,700 --> 00:39:08,200
times three times, maybe you 
have like a secret spot that you

731
00:39:08,200 --> 00:39:10,700
just kind of like go to maybe 
not a lot of people know about 

732
00:39:10,700 --> 00:39:15,100
it or it's just, you know, a 
safe place that you can go to 

733
00:39:15,100 --> 00:39:18,600
and cry over your losses right? 
Or celebrate your winnings. 

734
00:39:18,900 --> 00:39:21,800
I'm curious. 
If you guys have any sort of 

735
00:39:22,000 --> 00:39:25,500
kind of secret Vegas pot knowing
that it might not be a secret 

736
00:39:25,500 --> 00:39:28,900
for too much longer after it 
gets out, has a faux. 

737
00:39:28,900 --> 00:39:30,600
What do you when you come to 
Vegas? 

738
00:39:30,600 --> 00:39:33,900
Do you have like a spot that you
like to go Chang out? 

739
00:39:33,900 --> 00:39:38,300
Chill food drink show comes from
Vegas. 

740
00:39:39,200 --> 00:39:42,700
The the spot I really want to 
chill is in my hotel room 

741
00:39:42,700 --> 00:39:48,900
because there's underwriting but
if you want to spot this is not 

742
00:39:48,900 --> 00:39:51,800
a secret but Heart Attack Grill 
just for the experience which 

743
00:39:51,800 --> 00:39:54,100
Grill Heart Attack Grill. 
I don't know that one. 

744
00:39:54,500 --> 00:39:55,700
Oh, Okay. 
All right. 

745
00:39:55,700 --> 00:39:58,200
Try the secret. 
Yeah, so tell me about it. 

746
00:39:59,000 --> 00:40:04,100
You can eat whatever you like 
the portion sizes are huge so 

747
00:40:04,100 --> 00:40:09,400
just from an experience 
standpoint, go there that and or

748
00:40:09,400 --> 00:40:11,900
anything on the menu usually 
works, right? 

749
00:40:11,900 --> 00:40:14,800
If you had a few drinks as well,
good. 

750
00:40:14,800 --> 00:40:17,700
Hopefully hangover putting the 
heart attack Into the Heart 

751
00:40:17,700 --> 00:40:19,200
Attack Grill. 
All right, I'll check that one 

752
00:40:19,200 --> 00:40:21,300
out. 
Mike you got a secret spot for 

753
00:40:21,300 --> 00:40:23,300
us. 
Well there's a there's one 

754
00:40:23,300 --> 00:40:25,700
that's been on my list for ever 
but But you go to these shows 

755
00:40:25,700 --> 00:40:28,100
and you're running 18 hours a 
day and don't get to go out. 

756
00:40:28,100 --> 00:40:30,100
So we end up going to the 
steakhouse in the lobby, right? 

757
00:40:30,100 --> 00:40:34,000
But and I love a good steak, but
there's one that I hope to try 

758
00:40:34,000 --> 00:40:37,100
tonight or tomorrow night. 
It's called other Mama, Asian 

759
00:40:37,100 --> 00:40:39,400
fusion. 
And I was just looking this up 

760
00:40:39,400 --> 00:40:41,500
before the show, it's out on 
Sahara Avenue. 

761
00:40:41,500 --> 00:40:45,100
It's in a strip mall along with 
two other Chinese restaurants 

762
00:40:45,800 --> 00:40:49,700
and it's Asian fusion and it's 
so hard to find that they give a

763
00:40:49,700 --> 00:40:53,300
description of look for a little
set of chopsticks on a sign that

764
00:40:53,300 --> 00:40:55,900
can across right. 
And that's how you find it at 

765
00:40:55,900 --> 00:40:57,300
you. 
You will try to find in, can't 

766
00:40:57,300 --> 00:41:01,800
find it and it supposedly has an
amazing menu. 

767
00:41:02,000 --> 00:41:04,700
And something they said here 
that I'm curious about is 

768
00:41:04,700 --> 00:41:08,700
Mongolian beef cheek bow, right?
So, just one of those things if 

769
00:41:08,700 --> 00:41:09,900
you're sorry, if you're 
vegetarian. 

770
00:41:09,900 --> 00:41:14,000
But bujji, yeah, exactly. 
So yeah, I'm hoping to get to 

771
00:41:14,000 --> 00:41:16,500
there. 
And I'll toot about it. 

772
00:41:16,500 --> 00:41:20,300
If I if I happen to get there it
sounds like it's almost like a 

773
00:41:20,308 --> 00:41:22,700
speakeasy. 
I have to look for the symbol or

774
00:41:22,700 --> 00:41:24,100
whatever. 
Exactly Jim. 

775
00:41:24,100 --> 00:41:26,500
What's your Secret spot. 
I've gotta go with one with 

776
00:41:26,500 --> 00:41:29,000
secret in the name. 
It's called secret Pizza. 

777
00:41:29,000 --> 00:41:30,200
A new, you're going to pick that
one. 

778
00:41:30,300 --> 00:41:34,800
Yeah that's a pizza place over 
at the cosmo and even if you 

779
00:41:34,800 --> 00:41:37,700
know where it is where it's 
supposed to be, you have a hard 

780
00:41:37,700 --> 00:41:40,600
time finding it right? 
Because it's like, it's not 

781
00:41:40,600 --> 00:41:43,000
marked. 
There's a long hallway. 

782
00:41:43,000 --> 00:41:46,100
That is more like an Alleyway 
that you used to get back there.

783
00:41:46,300 --> 00:41:49,000
Once you're inside, it feels 
like a real New York City 

784
00:41:49,000 --> 00:41:51,800
Pizzeria. 
And the pizza is exactly that 

785
00:41:51,800 --> 00:41:54,600
style. 
So as somebody who lived in the 

786
00:41:54,700 --> 00:41:58,700
New York Metro and got actually 
New Jersey and got great new 

787
00:41:58,700 --> 00:42:02,800
york-style pizza all the time. 
But move down south, and it's 

788
00:42:02,800 --> 00:42:06,700
really hard to come by. 
Now, that's one spot that I 

789
00:42:06,700 --> 00:42:10,500
always said, you can get the 
full 16-inch pizza. 

790
00:42:10,800 --> 00:42:14,200
Bring it back to your room. 
Get a two liter of, you know, 

791
00:42:14,200 --> 00:42:19,400
your favorite sugary soda and 
just feel like the good old 

792
00:42:19,400 --> 00:42:21,300
days. 
Feel like you're a teenager 

793
00:42:21,600 --> 00:42:25,500
wolfing down a pizza again. 
Nice And what's yours Jeff? 

794
00:42:25,600 --> 00:42:26,600
Yeah. 
What are you Jeff? 

795
00:42:27,100 --> 00:42:30,100
You know, I got a few. 
I think it's my new toy. 

796
00:42:30,100 --> 00:42:32,300
It's probably my new favorite 
spot and I talked about in our 

797
00:42:32,300 --> 00:42:36,900
last episode was that place in 
the a turn Hotel on the North 

798
00:42:36,900 --> 00:42:38,800
End of the strip, there's no 
Casino. 

799
00:42:38,800 --> 00:42:40,900
So it was totally dead inside 
when it was in there Monday 

800
00:42:40,900 --> 00:42:43,100
night. 
My brother introduced it, to me,

801
00:42:43,300 --> 00:42:45,800
it's called atomo, Gourmet 
Kitchen, and Pizzeria. 

802
00:42:46,600 --> 00:42:48,900
I talked about the chicken, 
which was fantastic, best 

803
00:42:48,900 --> 00:42:52,900
chicken I've ever had, but 
porkchop was amazing. 

804
00:42:53,100 --> 00:42:57,800
There was a Rib eye. 
That was fantastic. 

805
00:42:57,800 --> 00:43:01,100
We had a month. 
Margherita pizza was fantastic. 

806
00:43:01,600 --> 00:43:04,100
And it's just, it's kind of a 
newish place, I guess. 

807
00:43:04,100 --> 00:43:05,900
But not many people know about 
it. 

808
00:43:05,900 --> 00:43:09,600
So so you've been there once and
there once you've had a steak a 

809
00:43:09,600 --> 00:43:11,900
chicken, well we can piece 
right? 

810
00:43:11,900 --> 00:43:16,700
So I got chicken. 
My brother got a pork chop, we 

811
00:43:16,700 --> 00:43:19,800
had a rib eye and then as an 
appetizer we had a margarita 

812
00:43:19,800 --> 00:43:23,200
pizza, a small one because we 
kind of got there that weird 

813
00:43:23,200 --> 00:43:26,000
time where it's like in between 
I mean, lunch and dinner so they

814
00:43:26,000 --> 00:43:28,800
have like an all-day menu and 
then they had a dinner menu, and

815
00:43:28,800 --> 00:43:31,500
so we had half an hour to kill 
basically, before dinner starts.

816
00:43:31,500 --> 00:43:34,800
I was just get a pizza and I had
just flown in from Atlanta. 

817
00:43:35,200 --> 00:43:37,700
That was starting that point. 
So, but for me, I was already 

818
00:43:37,700 --> 00:43:39,000
three hours ahead into the 
future. 

819
00:43:39,000 --> 00:43:42,400
So, we sat there and connected, 
and having, you know, had a good

820
00:43:42,400 --> 00:43:45,800
old time, but it's just a little
place and because there's no 

821
00:43:45,800 --> 00:43:47,900
Casino, there's no foot traffic.
You just kinda have to know 

822
00:43:47,900 --> 00:43:50,900
about it, and it was fantastic. 
Definitely recommend it. 

823
00:43:51,400 --> 00:43:52,800
Amazing. 
Yeah, that's good. 

824
00:43:53,200 --> 00:43:55,500
That's that's what That's what 
Vegas is good for using this 

825
00:43:55,500 --> 00:43:58,500
kind of little spots. 
All right, let's go ahead and 

826
00:43:58,500 --> 00:44:02,300
wrap it up for this one. 
Mike has a flow. 

827
00:44:02,300 --> 00:44:04,500
Thanks for joining us. 
I'll have links to your guys's 

828
00:44:04,500 --> 00:44:08,100
LinkedIn profile on our show 
notes, as well as one Cosmos, 

829
00:44:08,500 --> 00:44:14,200
one Cosmos.com. 
That's one k0 smos.com. 

830
00:44:15,200 --> 00:44:17,600
You can find us on the web as I 
get all choked up here. 

831
00:44:17,600 --> 00:44:18,900
Just talking about password 
list. 

832
00:44:19,600 --> 00:44:24,200
Idac podcast.com we're on 
Twitter at idea, see podcasts. 

833
00:44:24,500 --> 00:44:30,200
Run Mastodon at idac podcast at 
infosec dot exchange and of 

834
00:44:30,207 --> 00:44:31,600
course you can always connect 
with Jim. 

835
00:44:31,600 --> 00:44:33,500
And I here at LinkedIn, it's 
been great connect with a lot of

836
00:44:33,500 --> 00:44:38,000
listeners, have kind of come up 
and said, hello, and so thank 

837
00:44:38,000 --> 00:44:39,500
you for bringing back the 
guitar. 

838
00:44:39,500 --> 00:44:41,300
Riff people like the guitar 
riff. 

839
00:44:41,300 --> 00:44:43,500
So we'll roll with it until the 
next one. 

840
00:44:43,500 --> 00:44:45,700
So yeah. 
So don't forget to like, 

841
00:44:45,700 --> 00:44:47,900
subscribe, do all that stuff to 
help us out, get the word out 

842
00:44:47,900 --> 00:44:53,500
that people can listen to the 
sultry dulcet, tones of I sweet 

843
00:44:53,500 --> 00:44:55,200
identity, talk here Iran, add 
any of the center. 

844
00:44:55,200 --> 00:44:57,400
So we're going to leave it there
for this week. 

845
00:44:57,400 --> 00:44:59,500
Thanks everyone for listening 
and we'll talk to you in the 

846
00:44:59,500 --> 00:45:02,900
next one. 
You've been listening to 

847
00:45:02,900 --> 00:45:06,900
Identity at the center. 
We hope you've enjoyed the show,

848
00:45:07,000 --> 00:45:11,300
make sure to like rate and 
review and we'll be back soon, 

849
00:45:11,400 --> 00:45:14,900
but in the meantime, hit the 
website at identity at the 

850
00:45:14,900 --> 00:45:20,900
center.com and find us on 
Twitter at ivac podcast. 

851
00:45:21,200 --> 00:45:25,400
See you next time on identity. 
At the center.

