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Good afternoon and welcome to the Richard Nixon president ial library and museum. I am the executive Vice President of the foundation. Welcome to the 2020 Great American author series. Id like to start by thanking you all for participating in todays program especially those that submitted questions. All watching or providing a tremendous amount of support to the library as we have been closed for six months. I encourage you to sign up for a membership and to do that, visit Nixon Library. Com after this program and. Today our guest is the son of the president of the United States from the first family, donald trump junior, executive president of the organization working to expand the retail and commercial real esta ....
Traditional constitution and his critics. To watch the rest of this Program Visit our website , booktv. Org. Click the afterwords tab to find all previous episodes. Good afternoon. Welcome to the Richard Nixon president ial library and museum. My name is jim byron im and im executive Vice President of the Nixon Foundation. Welcome to the Nixon Library 20 20 Great American authors series. Id like to start by thanking you all for participating in todays program especially those who have submitted questions for our guests. Everyone watching tonight is providing a tremendousamount of support for the Nixon Libra ....
A major part of the population. And sticking with facebook and labor for many here in the liberal white paper there were references to their blog chain promoting what theyre calling an open identity standard essentially the idea behind indemnity in this regard is making a way for users to be able to have a fully verifiable digital version of identification that would work throughout the internet sort of walk us through how this technology would work and the specific benefits of this kind of identity. One of the key problems with this emergence and as we go over to doing more and more online and having more of our lives online has been this. Disconnect essentially between our physical lives our physical identity and being able to prove you know flawlessly that this is the same individual and in all. Line capacity and this just hasnt been done to an adequate way and so this is a you know a very exciting part of what facebook is trying to do and were very big fans of open identity systems ....
Absolutely and thats a great question and one of the Key Properties of block change is the ability to move funds anywhere around the world any time without an intermediary without a bank and around the world theres 1700000000 banks individuals around the world and so with the ability to use blog chain youre actually able to help bank and provide Banking Services to these individuals for savings spending bore away and insurance and facebook came out and said libra is going to help to bank the unbanked in under banks populations and this just doesnt seem to be the case if you need a bank account you need an identity i mean this is cutting you know one in 3 adults all around the world and this is one of the problems related to also the k y c n. N. Which you know make facebook have this as a requirement and as of now that just seems to be creating issues and leaving a major par ....