Key Points

1. AI-based blockchain governance to remove human bias?
2. trend is to introduce bias for social justice to governance now
3. what's the concept for installing bias in governance?
4. is there value in a service to measure bias for any goal?
5. is there value in a service that can analyze the effectiveness of policies and provide real time policy recommendations 
6. when in independence of governance services important in use cases?

box download drive

Investor Materials: Downloadable Link -
https://app.box.com/s/6wg0lijppj946j4vo4vyiy02ua8hffg8

Investor Materials: View Only -
https://app.box.com/s/e3hssywl397efynfglw8yodo6huld035

Please provide your feedback and any content you feel needs to be added or excluded.

References

Key Concepts

Sybal - an unbiased governance service for digital behavior management

uses blockchain, identities, credentials, reputation scores, security services, AI, automation

Sybal solution concept

Sybal Corp is a progressive Blockchain as a Service (BaaS) Innovation Company. Our namesake, Sybal, is our oracle. She is a predictive AI trained to augment key blockchain activities. Her qualifications include speed of learning, speed of security, speed of scale, and a validator of truth. Unfettered by human Bias for financial gain, she is unconstrained and unrelenting in her pursuit of fairness, inclusion, and consumer protection. We are honored to join the efforts of companies around the world in tackling these issues, with human focus & innovation as our winning edge. With Sybal Digital ID, our consumer-focused blockchain ecosystem will thrive, as we become not only the safest access point to the digital world but the lead connection for global change.

We are committed to building an environmentally focused company making key decisions about our infrastructure, operations, best practices, and vendor relations. We play a role in both financial inclusion and environmental impact. We are committed to ensuring Sybal stays true to her name and purpose by building an ethical AI algorithm that serves our customers irrespective of race, wealth, gender, or geography. As we build our team, our focus will be to build a team that knows inclusion, access, and the ability to thrive is a basic human right

What does a governance use case look like?

1. as a digital behavior system operating with goals, rules and principals on behalf of the participant roles and their incentives
2. given 
   1. a process for a community that has goals for the members and member types
   2. a process(es) and community that have issues in meeting goals that can be improved with governance
   3. a governing body to set governance rules
   4. a digital behavior use case with objectives, metrics
   5. related incentive systems for rewards and punishments
   6. governance process, goals and rules
   7. assumptions of bad actors, bad behavior risks
   8. and related probabilities for future bad behavior in given scenarios
   9. and strong, trustless security models, identities, credentials and verifiable reputations
   10. access to reliable behavior history ( eg DLT etc )
   11. specific measurements for bias in the behavior domain
   12. seeded examples of bias in the verifiable behaviors knowledge-base
   13. Sybal tuned AI models for measurements
   14. Sybal service configuration for the use cases, domain and significant events in scope
   15. Sybal monitoring behavior before, during and / or after system behaviors  
   16. Sybal assigned responsibilities to search, track, escalate, audit and react or remediate behavioral events
   17. feedback services for actual outcomes of behaviors
3. when 
   1. system behaviors occur 
   2. and system events are signaled 
   3. or member decisions occur
   4. or member actions occur
4. then
   1. based on service configuration rules in effect,
   2. Sybal can react before, during or after to the signaled events
   3. and notify, take or recommend the appropriate actions
   4. and identity impacted services, parties
   5. and observe the actual outcomes of the behaviors against the goals in the models
   6. to learn better from actual outcome feedback how to
   7. predict behaviors, encourage positive behaviors and outcomes
   8. and mitigate or prevent negative behaviors and outcomes
   9. and take remedial actions as assigned
5. so 
   1. digital systems can have independent, unbiased feedback on system governance
   2. and system governance goals and performance can be optimized
   3. and specific requested actions can be taken for positive or negative systems behaviors

example of a coming bc governance system

https://www.forbes.com/sites/vipinbharathan/2021/02/09/edge--node-a-new-software-development-company-is-launched-by-the-graph-core-protocol-team/?sh=54296b4e4f8d

An incentive system was built on top of The Graph with the GRT token and released into the Ethereum Mainnet in December. Such an incentive system allows for many virtuous effects: the payment of people for their efforts, the resistance to malicious participants, including Sybil resistance. The governance of the network has been turned over to an independent network, The Graph Foundation.

Sybal is the opposite of a Sybil network attack

https://en.wikipedia.org/wiki/Sybil_attack#:~:text=In%20a%20Sybil%20attack%2C%20the,diagnosed%20with%20dissociative%20identity%20disorder.

In a Sybil attack, the attacker subverts the reputation system of a network service by creating a large number of pseudonymous identities and uses them to gain a disproportionately large influence. It is named after the subject of the book Sybil, a case study of a woman diagnosed with dissociative identity disorder.

Potential Value Opportunities

Governance metrics

policy anomalies w reason codes ( configured policies )

chart by reason code frequency overall and by selected policy groups

Trust score - points off for violations, points added for training certs, policy remediations

policy recommendations

Compliance score

other

STEAR - set policies, CDE, CTE, CPE > track > escalate > audit > remediate

policy effectiveness vs policy duration - measured by false positives, false negatives rates

report on MTTD, MTTR performance by period - compare rates and totals w trends

reason code causality graph w policy domain filters

policy simulator

training simulator using gforms

Contact introductions

Sybal helps digital platforms create more trust by helping organizations improve governance effectiveness.

It was great to meet you at Connect ID 2021 this week.

We'd love the opportunity to show you how Sybal can help build trust and deliver effective, dynamic policy governance.

Thanks very much,

Jim Mason

Kaliya Young
the Identity Woman

Amit Mital
NSC dir
smart governance adds value

David Pekoske
TSA admin
smart governance adds value

Matt Schneider
CBP
ADS db

Kimberly Weissman
CBP
asst

Barbara Levine
DOD contractor
Axiologis

Diane Sabatino
Deput Dir CBP

Rich Narog
NYPD

Clients

NGOs - Service organizations

Governments 

Corporations

Organizations that handle documents, money or other key assets

Organizations that audit or certify others

Investors

Goals??

Partners

Leverage Sybal services, tokens, governance ( of X ? )

SpringUp Capital

https://www.linkedin.com/company/springup-capital/

Sybal business rollouts

Sybal Engineering Jobs

_sybal-jobs-2021-v1.docx

Potential Challenges

Marketing Challenges

defining the right value propositions for the right audiences

building the right alliances and partnerships

identifying key service differentiators

finding the right alpha candidates

clearly marketing the services and value add for the right use cases to the right audiences

creating a market for GAAS - governance as a service ( we tried the same thing at DMX for FCA lead management PII )

Product Challenges 

Blockchain Product Value Life cycle 

Technology and Patent Challenges

Competition Challenges

Other Data Governance Services 

Others targeting similar segments or offerings

how are they funded?

where do they generate revenue?

how much do they actually contribute to social good?

what are their biases in program support?

Stellar - can support any custom token on Stellar network with high performance now

https://developers.stellar.org/docs/issuing-assets/

https://medium.com/@brenn.a.hill/how-to-make-a-custom-token-on-stellar-ae5296512a2e

https://www.leewayhertz.com/create-token-on-stellar/

RIPL - Research Improves People's Lives

https://www.ripl.org/initiatives/

https://www.ripl.org/wp-content/uploads/2019/09/RIPL-02_2019-09-17-SupportingStrongFamilies.pdf

https://www.ripl.org/wp-content/uploads/2019/09/RIPL-02_2019-09-17-ImprovingOutcomesforVulnerableChildren.pdf

stats show education improvement after removal only for young girls

https://www.ripl.org/initiatives/initiative-two-social-program-innovation-2/initiative-two-utilizing-big-data-to-create-a-low-cost-method-to-employ-rhode-islanders/

how RI can categorize more unemployed as "displaced workers" to increase federal funds for training saving RI funds

Libonomy - AI and Blockchain service

https://libonomy.com/

blockchain plus AI = autonomous consensus engine for blockchain transaction governance

more energy efficient uses less power ( no POW, uses POG instead )

does not discuss malicious attack risks

outputs

1 pager - business case for the solution

white paper - how the technology is better

yellow paper - business use cases with potential value delivered

partnership - who provides blockchain services here?

Coin Capital, a company that helps facilitate transition from centralized to decentralized systems in this digital era. Coin Capital is regarded as being one of the world’s leading digital currency banks, hence this partnership being a major milestone for Libonomy – a newcomer to decentralized technology.

“I am excited to be helping lead the way in blockchain innovation with a project as groundbreaking as Libonomy.” – Armando Levy, owner of Coin Capital.

darkblue - an AI data analytics service for critical events

https://www.bluestoneanalytics.com/darkblue

search, analyze, and visualize mission-critical data.
Our Technical Collections Team scours the digital landscape for hard-to-reach information, developing advanced tools that enable automatic, persistent access to unique data from multiple dark nets and relevant open web sources.

DarkBlue data is explicitly structured to support Artificial Intelligence insights, entity resolution, technical exploitation, and seamless integration with most enterprise platforms.

Authenticating.com - basic API info for KYC on companies

https://docs.authenticating.com/#fein-verification

Explainer Videos

XUC-1  Sybal POGS can improve compliance on money laundering 

Governance is more than Consensus

Expanding Financial Inclusion

Lean In to Build a Better Future

An open, transparent, community-based approach to building better solutions. 

It's not creating revolution but accelerating evolution of solutions and systems to deliver faster at lower costs on opportunities for efficiency, growth, inclusion

Candidate Solutions

Crypto Trading Marketplace & Remittances

DO YOU KNOW YOU CAN TRADE CRYPTO & ACCESS THE CHEAPEST MONEY TRANSFERS, ALL IN ONE PLACE?
With our 2-in-1 platform, you can trade significant cryptocurrencies, BTC, ETH, BCH, LTC, XRP, ERC20. You can also send money to friends and family anywhere in the world, and particularly in Africa. This comes with the lowest rates and a process that is as simple as sending an email.

What are the conversion costs from crypto to currencies?

How do these costs compare to straight remittances from 1 currency to another?

Who needs this combination of crypto trading and remittances?

SAVE MONEY ON TRADING FEES
Are the thoughts of high trading fees giving you second thoughts on crypto trading? When you trade high amounts, do you get startled by the resulting trading fee? Trade comfortably with Sybal, our low fees will allow you to trade with ease.

q> what are the exchange fees?  redemption fees for fiat?

competitive services, rates , market share?

Crypto Bank and Exchanges

Crypto Exchange Questions

Who is the custodian ?

Who is the exchange ?

Who is the broker / dealer ?

How are crypto trades managed ?

How are fiat trades managed ?

How are settlements handled ?

How are parties identified, verified, approved for their roles ?

What is the governance model ?

How is governance managed ?  how well ?

Basics on Crypto Exchanges 

https://www.coininsider.com/different-cryptocurrency-exchanges/

different-cryptocurrency-exchanges

you could buy it from a cryptocurrency exchange.

Where can I spend cryptocurrency?
You can use your cryptocurrency tokens to purchase from service and product providers who accept the digital currency. You can also “spend” your tokens at a cryptocurrency exchange to trade it for local fiat currency or to change it to another token. For example, you could trade your Bitcoin for Ethereum at an exchange which offers both currencies.

The common answer to both of these questions relates to the function of a crypto exchange.

What is a cryptocurrency exchange?
A cryptocurrency exchange is similar to a stock exchange, but with a focus on cryptocurrency tokens rather than stock trades. Essentially, a crypto exchange offers a platform whereby customers looking to buy and sell cryptocurrency assets can exchange the digital tokens in values based on current market prices.

Usually, exchange platforms allow transactions or trades to take place in forms such as:

Local fiat-to-cryptocurrency transactions, and
Cryptocurrency-to-cryptocurrency transactions.
Some cryptocurrency exchanges offer a platform which is focused on ease for the customer, some hope to offer competitive pricing and others want to provide a platform which professional cryptocurrency traders can use.

What are the types of cryptocurrency exchanges?
There are three different types of cryptocurrency exchanges:

Centralized exchanges (CEX)
Decentralized exchanges (DEX)
Hybrids
What is a centralized cryptocurrency exchange (CEX)?
Known as a traditional cryptocurrency exchange, this is a cryptocurrency platform governed by a company of central organisation which offers cryptocurrency trades from either fiat-to-cryptocurrency or crypto-to-crypto tender.

What is a decentralized cryptocurrency exchange?
A decentralized exchange – also referred to as a DEX – acts as an alternative to a traditional, centralized exchange. This type of cryptocurrency platform does not depend on a company or a service to control the assets of a customer. Instead, the trades or transactions are controlled by an automated process without any central presence. These trades are considered peer-to-peer or customer-to-customer.

Using blockchain technology, the decentralized exchanges are built to ensure there is a secure way for the transfer of cryptocurrencies without any central figure. Essentially the platform acts as a service which connects trade orders with one another to serve customers looking to exchange tokens. Most decentralised exchanges operate using Ethereum’s blockchain in order to conduct services through the use of smart contracts.

Decentralized vs decentralized exchanges:

Both versions of the cryptocurrency platform have pros and cons within their method of offering cryptocurrency trading.

Centralized exchanges:

1. Offers high trade volumes compared to DEX
2. Offers high liquidity
3. Allows fiat-to-cryptocurrency trades
4. High functionality
5. Is more vulnerable to hacks compared to DEX
6. Under governmental regulations (can be shut down)
7. Centrally governed

Decentralized exchanges:

1. Offers lower trade volumes compared to CEX
2. Does not have high liquidity
3. Currently only offers crypto-to-crypto trades
4. Limited functionality
5. Offers high security from hacks owing to distributed nodes
6. The government cannot shut down owing to distributed global nodes
7. No central company

What is a hybrid cryptocurrency exchange?

A hybrid cryptocurrency exchange is a combination – as the name implies – of both centralized and decentralized exchanges. Taking the best from platform concepts, a hybrid exchange offers the trustless nature combined with the low latency and fast transaction speeds of centralized platforms.

Like decentralised exchanges, a hybrid makes use of smart contracts to ensure that there is no central figure imposing on the integrity of the trade. Basically, this reduces security risks and puts the safety of a customer’s assets onto a blockchain rather than relying on a company.

What are the top cryptocurrency exchanges?
At the time of writing, the biggest cryptocurrency exchanges in terms of the market cap according to CoinMarketCap are as follows:

Binance
Bit-Z
HitBTC

What is Binance?
Binance is considered the largest cryptocurrency exchange in the world since 2018. The centralized exchange is founded by cryptocurrency figure Changpeng “CZ” Zhao and has its headquarters in cryptocurrency hub Malta – having moved from Hong Kong to the European innovation capital. The platform offers over 100 cryptocurrency tokens and boasts low trading fees.
In February 2019, Binance launched its test network (testnet) for its decentralized exchange. Traders can now exchange tokens using the testnet and can create a wallet through the platform. Of the new decentralized exchange, CZ wrote:
“Binance DEX is a decentralized exchange with a decentralized network of nodes, where you hold your own private keys and manage your own wallet. With Binance DEX, we provide a different balance of security, freedom, and ease-of-use, where you take more responsibility and are in more control of your assets.

Digital Asset Bank

DAML on Fabric ?

Grails or Feathers ?

EIDAS or SSI or Okta ?

Wyoming Digital Asset Custody Laws Review

wyoming-Digital Asset Custody Rules.docx

https://www.forbes.com/sites/caitlinlong/2019/03/04/what-do-wyomings-new-blockchain-laws-mean/?sh=41b38d2c5fde

Wyoming has now enacted a total of 13 blockchain-enabling laws, making it the only US state to provide a comprehensive, welcoming legal framework that enables blockchain technology to flourish, both for individuals and companies.

Delivers:

Recognizes direct property rights for individual owners of digital assets of all types (virtual currencies, digital securities and utility tokens) and applies the super-negotiability rules of commercial law to virtual currencies—which foster their liquidity—by applying the very same rules that apply to money

Creates a fintech sandbox to provide regulatory relief to financial innovators from existing laws for up to 3 years

DA Bank 
Authorizes a new type of state-chartered depository institution to provide basic banking services to blockchain and other businesses. The bank is required to have 100% reserves, cannot lend, is for business depositors only, and FDIC insurance is optional. Such banks could be operating as soon as March 31, 2020

Custody Bank
Authorizes the first true “qualified custodian” for digital assets which is a bank. These new custodians won't be like traditional securities custodians, because for a Wyoming-based custodian investors will still DIRECTLY own their digital assets under custody as a BAILMENT, which means they retain direct ownership while merely giving up control (much like valet parking).
Customers of Wyoming custodians can still choose indirect ownership, but it's on much more investor-friendly terms than exist in securities custody today. In sum, Wyoming will become known as the home of SOLVENT, investor-friendly digital asset custodians to which investment fiduciaries are likely to migrate over time. 

the custodian is for large institutional investors, which are required by federal securities law to store the assets they manage at an independent custodian. And, now, these institutional investors will be able to directly own the digital assets they custody at solvent Wyoming custodians.

Expected impact
As more and more securities are natively-issued on blockchains in the next several years, Wyoming’s custodians will likely become the preferred digital-asset custodians of 401(k) plans and mutual funds—and they will help make securities markets fair to regular investors!

Benefiting from Wyoming blockchain laws
3 ways to benefit and they’re not mutually exclusive. Your business can (1) simply apply Wyoming law to its contracts involving digital assets, (2) legally domicile in Wyoming and/or (3) physically locate in Wyoming

No sales tax on digital assets in Wyoming
digital assets specifically, last year Wyoming exempted them from property taxes. Sales taxes apply to tangible personal property, but Wyoming’s legislature this year classified digital assets as intangible personal property so…you can fill in the blank

Federal tax relief with opportunity zones on DA capital gains
pending bitcoin on a cup of coffee triggers federal capital gains tax). But there are 25 opportunity zones located around Wyoming that provide potential capital gains tax deferral

DA Bank Product Concepts 

Qoden review

KYC Service 

Beyond identity verifications, credit verifications what OTHER verifications are done?

What is the risk history for different categories of customers on different investments ( mortgage, car, education, home improvement, credit loans ? )?

What are the key metrics for risk, return on KYC performance ?

How do we measure, value our KYC service vs options for customers?

KYC Regulations in Exchanges 

https://readwrite.com/2020/04/20/know-your-customer-regulations-in-crypto-exchanges/

exchanges-crypto-KYC-exchanges-2020-readwrite-Know Your Customer Regulations in Crypto Exchanges.pdf

utilization of digital assets at a corporate level is quite promising. The cash management is revolutionizing, which is revamping the conventional payment flows using blockchain. Here is how to know the “know your customer” regulations in the crypto exchanges.

An end-to-end process pledges a level of assurance to all the parties that have participated in the fund pool and their security. Digital currency services have eliminated the intermediaries and reduced the cost of all the payment transfer infrastructure for transaction records and security.

Check>> 

in reality, there are 2 types of accounts, crypto and fiat, in different types of institutions.

• Plaid and ACH manage xfers into fiat accounts at traditional banks.
• Crypto exchanges manage xfers in crypto accounts 

in reality, there will always be a need for financial intermediaries.  Why?  Because not all asset transfers can happen in private, one-on-one exchanges on a network. 

Crypto exchanges are divided into two major groups: “fiat-to-crypto” and “crypto-to-crypto” exchanges.

Fiat-crypto exchanges 

The exchanges perform ‘due diligence measures’ as they deal with the fiat money. The exchanges are required to conduct business with financial institutions.

It’s therefore required to perform stringent KYC procedures to ensure a clean customer base before doing business with the entities. In fiat-to-crypto exchanges, fiat money enters into the market of cryptocurrency.

The exchanges allow exchanging the fiat currency with the supported digital assets. For exampl,e dollars for ether.

Crypto-crypto exchanges

The crypto-to-crypto exchanges allow the users to exchange one cryptocurrency for the other. These are online platforms like stock/currency exchange. Here, buyers and sellers trade are performed based on the current price in the cryptocurrency market.

Exchanges play as a middle-man. One cryptocurrency is exchanged with another type of cryptocurrency to get profit.

Other than the Bitcoin and Ether, there are other altcoins, and to buy them, people will need a crypto exchange. The exchanges are an important component of the whole crypto market. The investments, buying, and selling take place through a crypto exchange as an intermediary.

Question - How are crypto-exchanges regulated in US?

Question - How are crypto-exchanges regulated in EU?

Jim Ideas on Identity for KYC in financial services

So there isn't a short answer to that question.

Some basic thoughts.

First, legal requirements and related identity practices
Sybal's operating entities are subject to legal requirements by jurisdiction they operate in. As part of that, there may be specific identity and fiduciary requirements ( KYC, AML ) that determine the specific practices and procedures to implement on identity verification, authorization and authentication. Different laws apply to commercial vs retail banking operations.

Second, operations practices for verification, authorization and authentication related to identities
given the legal requirements for each operating unit and related operations models we should define how we want to implement digital identity requirements and related processes ( verification, authorization and authentication methods, monitoring and management methods as well ).

Third, different transactions require different identity verification requirements for different client types
different types of products and services will have different requirements for transaction verifications, related reserve requirements etc. These transactions requirements will differ based on institutional clients, normal retail clients and accredited investors. Typically there will be "master" agreements requiring registration and approval for some of these before a client can execute these transactions ( eg Derivative, Option, Future Agreement levels etc ).

The "lean in" to regulation approach will payoff going forward
If we are a digital asset bank, our "lean in" approach would look to comply with existing regulations and bank operations, audit practices.
The Sybal "lean in" to governance and regulation approach is swimming with the tide, not against it. What worked in smaller digital asset markets before needs to change going forward to support the different asset sizes and risk profiles of new customers: larger institutions.

Digital Identity requirements for Account types and customers
Forms of identity we would accept may be defined by banking regulations in a given jurisdiction. Beyond that, we will have account registration, verification and setup processes based on client type and business line. Keep in my mind that custodians of digital assets can be expected to have the same level of rigorous procedures, security, enforcement that institutional asset managers like Fidelity have. If those standards aren't defined, enforced, audited and governed with appropriate oversight, few institutions will be willing to put their client's assets at risk.

Realistically, different forms of identity need to be supported for verification in financial environments. Laws define which are acceptable. In many cases, SSI ( Self Sovereign Identity ) is a preferred form for identity for underserved communities ( permanent, portable, persistent, personal ) that can't be removed or invalidated by bad actors. Reality is that independent SSI services exist but don't cover all populations today. Getting there is an adoption process that clearly will take time.

Sybal Governance services for financial markets support the TEAR activities:

• Track Track market identities and behaviors against defined standards for transparency and compliance
• Escalate Escalate significant policy and procedure violations to designated authorities and resources based on governance rules
• Audit Audit support for real-time, integrated audits and compliance for authorized audit service providers
• Remediate Report and remediate violations of standards following defined governance protocols for the type of violation.

Sybal Governance services work well in token economies for digital assets .

Governance Bias Service 

For product services

For corporate governance 

For HR governance

how to establish baseline metrics for bias measures in a domain

Sybal Foundation 

503-1c non profit that invests in causes for economic growth, healthcare services, education in underserved populations 

vision

mission

goals

Other NGOs

Kiva.org 

an online market for borrowers in underserved communities to get funds from lenders

 At Kiva, loans aren’t just about money—they’re a way to create connection and relationships.

Kiva relies on your donations to operate. Donate $35 or more, get $25 to lend.

pitch

By lending as little as $25 on Kiva, you can be part of the solution and make a real difference in someone’s life.

100% of every dollar you lend on Kiva goes to funding loans.

reality 

they take 30% of donations to run Kiva.

70% of the donation can be used to loan funds to causes /  projects

Kiva life cycle of borrowing, lending

1. borrower applies for loan
2. underwriting structures loan
3. loan approved for fundraising
4. fundraising from donors
5. fundraising completed
6. borrower repays loan
7. lender can reuse funds or cash out

Kiva has loaned $1.6B with 96% loan repayment rate

Meetings

m201218 - token offering, web site, product - KYC service

------------------------
------------------------
m201218 fri
------------------------


team meeting


---------------
work

1> weekly availability for calls


2> review pitch deck for presentation areas 


3> concrete 



---------------
homework
---------------

a>> draft case study format

a>> public sector for example concrete remittances etc

download
https://app.box.com/s/6wg0lijppj946j4vo4vyiy02ua8hffg8

view only
https://app.box.com/s/e3hssywl397efynfglw8yodo6huld035/file/754933924379

a>> CA use case list 

a>> how -- put trust to work w 3 concrete case studies

a>> Sybal the value we deilver 


we are a service


what's the problem we add value to ???

	concrete w solutions today that could be improved
	CA use cases and current values delivered


what sybal is .. the difference maker

we leverage latest technologies to add value, solve tough challenges on:
social good, bring communities together, inclusion, underserved, equitable ( opportunity vs results )

does AI make us different?
no - we use AI
does BC make us different?
no - we use BC

others use these technologies.

What makes Sybal different is ...

	human-centered governance and compliance across processes



how 
	put trust to work
	lean in to communities 
	our own governance model is ... our communities served
		community participation ( sse CA BC study team )
	concrete use cases
		remittances, education credentials, energy credits,
		licenses, health certifications, consents, 

	our operations 
	sybal education on governance
		non profit
			free education on our topics
	sybal service
		for profit
	sybal bank
		for profit
	sybal foundation
		non profit community services 
			identity, fin inclusion, healthcare w sybal services

payoff
	triple bottom line
	social good credit system >> esg -- token system
		certifcation system for participation
		audit we conduct to maintain certifications
		business serving communities - stakeholders
			customers, employees, shareholders, govenments, communities
	transparency, governance, change management 
sybal is a social credit system 
for gov, business


initial investor slide - call to action
	how do we move forward
	what do you expect from the investors 
	how are we gonna put that to work


---------------
---------------
governance concepts 


concepts 
examples 
gmm - governance maturity model


https://help.tableau.com/current/blueprint/en-us/bp_governance_models.htm

https://boardable.com/blog/nonprofit-governance-models/


---------------
investors 

275 want pitch deck

financing expected to be 12 mos for full $10M ...

0> tokenomics paper dec
1> white paper jan
2> web site ready 

3> mvp stack for coin trading

saft agreement for future tokens
vendors offering ICOs as broker / dealers
SEC registered tokens 
erc20 token for reservation for sybal coin

charge percent for ICO raise

ICO is reg D with SAFT agreement
INX token

case law on coins 
	did private raise
	exempt from reg D
	public raise thru regular filings
	SEC > no --- initial private raisee dependent on public raise
		all was a public raise 

lean in to regulations, oversight
	auditors on finance, tech
	"poster child for regulations, governance"
    "Sybal "lean in" to governance and regulation is swimming with the tide, not against it"


https://developers.stellar.org/docs/issuing-assets/

POG protocol blockchain 

components
	protocol
	mobile remittance, payments
	OCC and Wyoming on banking licenses for digital assets

a> review pitch deck again
	spell check


link to my legislation research

goals

g> reduce risks on bc remittance 

g> expand access to fin svcs
	everyone has seat at the table
	equitable access for all
	< can't solve all at once
	< quick hits that validate benefits -- portable wallets


h> focus on US unbanked now for testing solutions
	lower fees, ids ( ssi )

a> cost of issuing ids on sovrin

g> best practices, governance focus - lean in

g> sybal - who we are ? baas svc 

q> HOW do we eliminate human traits, bias putting consumers at risk

a> need specific examples 
a> use MAD tracking alert on data governance
a> read Ethical AI - vs FB AI

o> opportunity - restatement of business purpose for others is a door for us

s> strategy - social impact business model ( eg air bnb etc )

k> key = right partnerships = market niche, resources, promotion

g> sybal value 

	7cs- clear, concise, complete, concrete, considerate, cooperative

q>> who else is trying to hit our goals now ???

	World Bank on remittances - bc pilot now
	WEF - stds on bc use cases

d> difference - sybal
	human centered for social good using AI & blockchain 
	driving economic growth
	true governance on bc with regulatory compliance 

h> how investor return with
	innovation, high growth, increased profit over time (not first)

q>> key use cases to start ???

	government remittances ?? registrations ??

investor goals ??

a> sustainable advantage 

a>> show me how the moat is wide ?
	other baas has to rebuild their service model 

POG protocol 
	ethical intelligence 

a>> show concrete examples simply 

a>> need comparative examples simple 

	a person walks into a bar with normal license, vs ssi cred
	90 second videos 
	capabilities videos for solution approach
	solution impact videos for specific use cases - remittances and ??


v>> business digital banking service in US

i>> can you 
	sell it, scale it, govern it, grow it

phases
	digitze
	collaborate - help other orgs deliver better service, value, gov
	align with others on goals, strategies
	innovate

h>> how do we measure bias on specific use cases???

q>> how do we align with CBDCs ??


https://www.govops.ca.gov/blockchain/

https://www.govops.ca.gov/wp-content/uploads/sites/11/2020/07/BWG-Final-Report-2020-July1.pdf




---------------





---------------

dr dan he - ibm ai 

now consultant
infrastructure setup 
white paper 


hannah robertson - alexandria, va
creating sybal story
investor page

q> who gives us feedback on investor side?

works w postal service as a pm, whitepaper
bc healthcare startup




jim m
sybal focus on blockchain solutions, technology 
	work w fabric, indy, aries
	lead public sector group for hlf
	mobi - vid, cmdm stds
	presentations on ebc


	worked in infrastructure on IT 
	services, apps, solutions - cfg, fidelity



---------------
testing 

a> jm.testnet on aws
a> supply chain 

issues...
1> availability of smart devices in adult populations
2> multi-tenant wallets
3> cloud wallets ( mediators ) and services
4> mfa 

Emails

e201215 - update on web site, my tasks, token offering

Please do let us know what feedback you have on the items in your data room.

Additionally, I would like your feedback on the MGI Digital Identification Report located in your research folder as it relates to initial development of our ID Solution.

Initial Framing of the solution would start with KYC , which drives access to financial services on our platform, privacy and control of identifying data with a notification system of how it is used and by who, establishment of the digital trail, and efficiency within the digital ecosystem.

From there, we would move into innovating on behalf of customer to improve the aforementioned baseline and on behalf of the public and private sectors to decrease fraud, onboarding time, and exclusion expanding upon the use cases for both customer profiles.

Please let me know your thoughts as we will discuss each section of the offering during the meeting.

<<  The concept of ledger proofs of KYC activity, consents etc with automated event notifications potentially has high value as a service.

Jim,

We hope this note finds you well. 

Quick update on where we stand. 

This week we are scheduled for a team meeting which takes place 12/18/20 at 9:00 AM EST. We look forward to seeing you there.

Hannah, our Blockchain/Developer SME continues to work on final web copy. Once approved she will begin placing copy and redesign of GUI. We expect this work to be completed before end of month. 

We are in the process of developing the initial tokenomics of Sybal’s protocol. This will be completed prior to end of month. Once completed, we will draft an initial white paper. We expect this to also be completed prior to end of month. 

These are the final items remaining prior to going live with the raise.

As final stages come to completion we have decided to exercise a SAFT raise and list our coin via a regulated broker platform. We believe this approach expedites the raise and make Sybal more visible to the right type of investors. 

Please do let us know what feedback you have on the items in your data room. 

Additionally, I would like your feedback on the MGI Digital Identification Report located in your research folder as it relates to initial development of our ID Solution. 

Initial Framing of the solution would start with KYC , which drives access to financial services on our platform, privacy and control of identifying data with a notification system of how it is used and by who, establishment of the digital trail, and efficiency within the digital ecosystem. 

From there, we would move into innovating on behalf of customer to improve the aforementioned baseline and on behalf of the public and private sectors to decrease fraud, onboarding time, and exclusion expanding upon the use cases for both customer profiles. 

Please let me know your thoughts as we will discuss each section of the offering during the meeting. 

My response 200505

Hi Stacy,

Sorry for the delay.

That's good news the model does work.

I'll guess the service needs to model data by both location ( eg SF, NY or .. ) AND  price ranges for those markets. A 3 BR, 2 BA home in MA would sell very quickly compared to a high end 5 BR, 5 BA home over $1M in most MA markets ( except greater Boston ). If your model allows those inputs, I expect it could be very accurate after training in a market.

Cluster analysis by market ( a set of zip codes ) would show roughly what is in demand on the sales side and what is available on the supply side to do basic matching in a market.

In theory, the only thing that "breaks your model" at any point are black swan events like this virus. I don't know if there would be a "factor" you could apply to the forecasts at that point or if you need a new model during that time period.

I linked a few sites that provide real estate apis you can access data.
Some of those I believe are free.
I don't know if they have the minimum data you need on listing date & price, selling date & price etc.

Thanks

Jim


Some Real Estate APIs that may have the listing data, sales data you need:

Real Estate APIs to review

https://rapidapi.com/blog/best-real-estate-apis/

https://gist.github.com/patpohler/36c731113fd113418c0806f62cbb9e30

Is there an API to access MLS data? - Quora

	
Is there an API to access MLS data? - Quora








On Thursday, April 30, 2020, 3:19:14 PM EDT, SN Laabs <snlaabs@yahoo.com> wrote:


Hi Jim,

Finally. :) The software expert that I worked with for years and build our multi-million dollar software.

Summary:

After reviewing the code, he believes the model is likely accurate. 

But to know 100% accuracy of code: we need to test with data in the exact parameters he hard coded into the model - against the real time it took for the houses to sell. 

1. We are going to test the model with actual real estate information we pull (from a relator) to double check the accuracy.

2. Now, if the model is accurate off the data we pull, then we have a second issue, we can/need to resolve. Demarcation. 

    The value is hard coded in at 75k, for the value. It's not 'smart', so it's unlikely that the model would translate      to accuracy in price ranges of million dollars. So we would need to figure out a way to either fix that issue.
         Quick Brain Storming:
                 1. Drop down options for real estate agents to choose from in their local area, given the different price                     points.
                 2. Create a 'smart' AI component to calculate on the fly.  

Next Steps:

Find a real estate agent who can get us data based on the current hard coded data - run the code. Check the accuracy against what 'really' happened with the house sales.

200425 - email on creating own code

***Biggest reason: Where is the working code that the university used to create the paper? My only guess: They don't have it. 

I never asked directly because I wanted to stay in good graces with the university, but this is a good explanation as to why suddenly the professor abruptly dismissed me after the student got back to him.  

Solution:

I am getting cost to see about writing new code to predict if this is even possible. (will let you know the cost when I get it)

Even if we own the code, even if some of it is open source, we have our own 'proprietary software', as you don't patent AI software.

Also with us communicating with the university we don't want a legal fight. In fact, their code being flawed actually may help us (see below why). 

University Solution: 

I wrote our attorney CW for confirmation, but I believe the most politically and legal aspect is to honor the agreement. We publish the universities code on our github (a code repository), and do what we said we would do. 

1. It meets our legal agreement.
2. It actually helps us (if our new code works), because most people who think they can copy the code and be direct competitors have no idea the paper is flawed and code is flawed. 
3. We don't embarrass the university and get into some sort of legal conflict.

*It is known the the university in earlier emails that I was creating our own code, but we found theirs more interesting. So I should easily be able to communicate that we decided to use our own code, but are sharing theirs per our license agreement.

Recommended Next Steps

Related articles