Key Points
- AI-based blockchain governance to remove human bias?
- trend is to introduce bias for social justice to governance now
- what's the concept for installing bias in governance?
- is there a value in a service to measure bias for any goal?
References
Key Concepts
Email and Phishing Threats - USAID
https://www.washingtonpost.com/national-security/russia-hack-usaid-human-rights-groups/2021/05/28/3e996c42-bfae-11eb-9c90-731aff7d9a0d_story.html
Hi Christine and Pavan,
I agree with Pavan.
There are many standard solutions to managing emails.
When a company fails to implement those, it doesn't mean there's a good opportunity to create a new product for it.
I agree with Christine that maybe the company failed to use the right policy that could have prevented the issue. The installed product may have had the capability to set the right policy. Could Sybal have discovered the correct policy to prevent the original email hack BEFORE it occurred? I'll leave that to Pavan to answer.
In this case, the goal of the "hacked" account was to create phishing emails to others in the network. Phishing emails are preventable today IF a company uses a secure distribution system ( not normal Internet emails ). Fidelity had a server-based email system that issued temporary keys to someone to retrieve email vs sending them over the Internet. You had a Fidelity-issued identity and used MFA to authenticate. From there, you received a temporary key to retrieve the email and the connection was fully encrypted. Complicated? Yes in the design but the operation wasn't that cumbersome for users. More recent versions of this include one built on blockchain - Blockrails is a military-grade secure virtual transaction ecosystem.
Potential Value Opportunities
Clients
NGOs - Service organizations
Governments
Corporations
Organizations that handle documents, money or other key assets
Organizations that audit or certify others
Partners
Leverage Sybal services, tokens, governance ( of X ? )
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?
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.
Explainer Videos
Your thoughts on us developing scripts for the below differentiators?
Governance is more than Consensus
- True Governance vs Consensus
- We can show how governance performs without financial incentive vs consensus with all its vulnerabilities
Expanding Financial Inclusion
- True Financial Inclusion vs Limited Financial Inclusion
- We can show how solving for lack of ID increases "formalization of economic flows and higher inclusion" across robust services vs existing competition that can only serve those with an existing digital trail.
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
- Lean In vs Lean Out
- We could show our willingness of leaning in with regulators to ensure consumers are protected vs competitors who do not take this approach.
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 ?
KYC Service
Governance Bias Service
For product services
For corporate governance
For HR governance
Financial Investor Pitch Idea ?
Hi Christine, Ike,
Overall it was a good call for Sybal. I very much appreciated the direct feedback we got real time from Dave and Josianne. Very helpful.
They provided real clarity in the call on what their criteria are: investing in operating businesses with solutions in the market that needs resources to expand. Many other technology firms ( maybe not all ) will fit the Intel investment profile.
Financial investors are looking for low risk investments on the road to revenues and value quickly. It's better if the company has technology that can have a large market upside & impact.
If the financial investor profile makes sense, it might make sense to put Ike in the position of the "unconvinced" financial investor with those criteria and then giving him a presentation on the Sybal proposition. Basically the Phase 1 plan has to be convincing, real and the focus point for funding. Our phase 1 needs to make the value believable, the time frame short with clear business & financial milestones. It also needs a slide for a risk mitigation plan.
Phase 2 plan represents the long-term upside potential to separate Sybal from other investments. If I'm going to get Ike to fund us, we have to convince him the Phase 1 plan is real, we're delivering on that journey now and there is little risk for success. The Phase 2 story can only talk to market opportunity, use cases, the technology and value gaps that Sybal can fill. It's the Phase 1 story that will make Sybal real first.
It would be the dialog with Ike that would show what is working now and where improvements are needed to make the offering concrete.
You have a lot of great slides in the deck already to make these points, especially for Phase 1. We should use them in our discussion to strengthen the points we make.
I'm tied up all day tomorrow but there may be a time slot we could find Friday PM. I do have a 1:30 to 3:30 client meeting Friday afternoon.
Your thoughts?
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"
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.
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