Christoph Jentzsch

But the difference is we couldn't be integrated into the device.

So basically, if Slack would not be there anymore, it would still work.

You could not say this from Airbnb because the device itself has now this feature that it will listen to what's happening on a blockchain.

If someone makes a payment, it opens up.

This will work.

We always outstock it.

Right now, in the smart contract, yes, you would be able to charge a transaction fee.

That's right.

But I mean, you don't need any servers from Slotgate.

You don't need anything for it to work.

It's on their server.

If Airbnb would shut down, and the website would shut down, your data would be gone.

If Slocket would go down, then the smart lock would still work.

It would still accept Ether as a payment because it would listen to the Ethereum blockchain.

So as long as the Ethereum blockchain is still live and running, this lock will always listen to it.

Okay, in this case, we would always make it to the transaction fee of this.

I mean, we would still have the Ether account.

I mean, even if the company would not exist anymore, our Ether account would.

I mean, as long as we do not lose our private key to this account, we could still have access to the funds.

I'm living in a small town called East Germany.