This transcript has been automatically generated and may not be 100% accurate.

team Kiwi toddler ... very briefly and then ... we're helps the skin ... so in a ... lot ... yet the Blockchain consent was merged with bitcoin so often on ... it's ... going camping and currencies it can exist in other moms was the kind of ... core easiest thing leasing option potentially being industry ... well some ... some really crazy ones you're looking at stuff for really ... well ... it sort of medium crazy white canita sixty billion dollar corporation called Hoover ... you could ever real sharing economy ... which would be distributed application on the block chain ... a bunch of Thomas vehicles owned by a company owned by a community owned by city or by nobody ... and the drivers says boasts information on the block and if you need ... a car you posted ... in the payment system is built and automatically ... same for air BNB ... who builds the app ... well the the ... the all these apps are being built by small company so right now this company called consensus estimate ... it's building about twenty different ... apps that one of the ... another one is to reinvent the music industry ... so the British ... singer songwriter ... rockstar ... he ... has posted her first song ... on this new Blockchain platform ... and rather than musicians getting the crumbs at the end after labels and how points are fine everybody else ... musicians get that first ... and what happens is ... a key part of this whole thing is that the Colts market contracts ... whereby ... if you take that means that a new ... hurdle we mixed it for a film or something like that ... of all the IP rights to specify the smart contract and you get paid ... ultimately I think we're looking at potentially some huge changes to the ... deep structural architecture the Corporation ... um or or looking at her to leave ... radically distributed models of how we ... create value in society how we are straight