Ben Rubin
๐ค SpeakerAppearances Over Time
Podcast Appearances
But if you can verify that a watch and the seller are in good condition and the seller is a good seller and the watch is in a good condition and there is a good layer of trust there, then you can actually maybe make the market a little bit more efficient and remove the third party that, you know. So that's that's essentially the idea.
But if you can verify that a watch and the seller are in good condition and the seller is a good seller and the watch is in a good condition and there is a good layer of trust there, then you can actually maybe make the market a little bit more efficient and remove the third party that, you know. So that's that's essentially the idea.
And then all of a sudden, when you tie to like the work we do with with River and like You can actually put the most interesting watch owners that probably have those interesting watches together in a group chat. People give just them right entitlement so they can trade with one another.
And then all of a sudden, when you tie to like the work we do with with River and like You can actually put the most interesting watch owners that probably have those interesting watches together in a group chat. People give just them right entitlement so they can trade with one another.
And then all of a sudden, when you tie to like the work we do with with River and like You can actually put the most interesting watch owners that probably have those interesting watches together in a group chat. People give just them right entitlement so they can trade with one another.
So the fun thing is that you don't, they don't need to do a lot with River. So I'll explain. The way people should think about when I say river, you should think about it as imagine if the backend of WhatsApp was an open protocol that is owned and operated by the groups. So anyone can build clients on it. Anyone can maintain it. Anyone can improve it and operate it.
So the fun thing is that you don't, they don't need to do a lot with River. So I'll explain. The way people should think about when I say river, you should think about it as imagine if the backend of WhatsApp was an open protocol that is owned and operated by the groups. So anyone can build clients on it. Anyone can maintain it. Anyone can improve it and operate it.
So the fun thing is that you don't, they don't need to do a lot with River. So I'll explain. The way people should think about when I say river, you should think about it as imagine if the backend of WhatsApp was an open protocol that is owned and operated by the groups. So anyone can build clients on it. Anyone can maintain it. Anyone can improve it and operate it.
That means you, you, me, anyone, not just us, the builders of the protocol. If somebody wanted to create a community, a permissionless community where the people who have the most interesting watches can trade them and have reputation and they take maybe certain amount of fee just to facilitate it. What I would do, I would do, there's just one thing that they should do is create the smart contract
That means you, you, me, anyone, not just us, the builders of the protocol. If somebody wanted to create a community, a permissionless community where the people who have the most interesting watches can trade them and have reputation and they take maybe certain amount of fee just to facilitate it. What I would do, I would do, there's just one thing that they should do is create the smart contract
That means you, you, me, anyone, not just us, the builders of the protocol. If somebody wanted to create a community, a permissionless community where the people who have the most interesting watches can trade them and have reputation and they take maybe certain amount of fee just to facilitate it. What I would do, I would do, there's just one thing that they should do is create the smart contract
that people can interact with and use the unique identifier of the luxury item to receive from the smart contract the digital representation in the form of NFT that basically says this person actually secured here in an encrypted way secured here, all the information that's needed as an owner for this Rolex. Let's say you just do it for Rolex or something like that. Okay, cool.
that people can interact with and use the unique identifier of the luxury item to receive from the smart contract the digital representation in the form of NFT that basically says this person actually secured here in an encrypted way secured here, all the information that's needed as an owner for this Rolex. Let's say you just do it for Rolex or something like that. Okay, cool.
that people can interact with and use the unique identifier of the luxury item to receive from the smart contract the digital representation in the form of NFT that basically says this person actually secured here in an encrypted way secured here, all the information that's needed as an owner for this Rolex. Let's say you just do it for Rolex or something like that. Okay, cool.
Now you have this smart contract that produce signatures for, it's still, prone to mistakes because it's self-attestation. However, because it's a two-sided market, people can give each other reputation, which means that accountability will happen if you're assuming that people are going to use it.
Now you have this smart contract that produce signatures for, it's still, prone to mistakes because it's self-attestation. However, because it's a two-sided market, people can give each other reputation, which means that accountability will happen if you're assuming that people are going to use it.
Now you have this smart contract that produce signatures for, it's still, prone to mistakes because it's self-attestation. However, because it's a two-sided market, people can give each other reputation, which means that accountability will happen if you're assuming that people are going to use it.
like I'm saying, I actually have this watch, then for me to receive the money from you as the buyer, it actually goes through the smart contract and released only after you verified that you got the watch and I received the digital signature. Okay, great. Now that you have that, you can say, now that you have...
like I'm saying, I actually have this watch, then for me to receive the money from you as the buyer, it actually goes through the smart contract and released only after you verified that you got the watch and I received the digital signature. Okay, great. Now that you have that, you can say, now that you have...
like I'm saying, I actually have this watch, then for me to receive the money from you as the buyer, it actually goes through the smart contract and released only after you verified that you got the watch and I received the digital signature. Okay, great. Now that you have that, you can say, now that you have...