00:00One of the things that, of course, attracted us to the XRP ledger and XRP specifically is the power of real-time settlement.
00:08You look at the Bitcoins and Ethereans in the world, great technology, but not for that use case, right, from a speed, from a cost standpoint.
00:16And so, really, when I met him years ago at Art Basel in Miami, we hit it off over a host of things, but primarily around I, like him, realize the power of this technology and applying it to a person with domain conductivity and those relationships, but doesn't necessarily know how to execute and implement the tech.
00:38What we have really been working on in stealth that we're launching this year is leveraging the XRP ledger to tokenize these paintings and, via smart contract-driven logic, facilitate the escrow and the eventual settlement of that transaction.
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