Heat waves, droughts, water issues everywhere.

And, hey, if you own real estate or you like to eat, you care a lot about water issues, but,

hey, wait a minute, how are we going to manage this? You might be surprised to find out that Bitcoin has a lot to do with how we're going to manage water in the future.

That's right, the blockchain, which Bitcoin is built on top of, is going to help. To help us understand this, we're going to talk with

Frazier McCloud, works for a company that is the leading edge of figuring out how to use

blockchain to help us manage our water resources better. Very important topic, particularly as we

look forward through the next few years. Let's go there now.

Nice to meet you, Chris. I'm very pleased to be with you. Well, thanks. Likewise. Thanks so much

for taking the time today. I guess let's start here. I've been tracking Bitcoin and

cryptocurrencies and the blockchain technology for a long time. And one of the things I've been waiting for

is that disruptive killer app that comes in and just takes over by storm. Where are we in

that cycle of blockchain living up to that promise? I think to be honest, while there are many,

many people who share the aspiration for blockchain

to be a transformative and disruptive technology across many, many aspects of our daily lives,

I think it's also fair to say we're all still sitting waiting for the killer app.

There has been a huge explosion of activity in blockchain ranging from digital identity,

decentralized finance right through to what's called regtech, which is where the blockchain actually handles the government regulations,

right through to health records. So there are many, many people

are looking at blockchain as being a solution. But I think it's fair to say that we haven't quite

seen the killer app. Right now, my view would be is that most of the focus around blockchain

is probably around cryptocurrencies, whereas there's a lot

less visibility of all of the activity, which is really looking at blockchain as a technology

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