So wh- wh- why do you believe the adoption of distributed ledger technology, digital assets, why has it been limited so far?

Well, I think the use case at the moment has been relatively narrow, and building upon the points that we just made, I think actually there are three big customer problems.

There is a problem around some of these processes being quite slow and quite friction heavy, home buying being a really great example of that.

Secondly, many of these assets have an affordability challenge around them, again, property being a great example there.

And then finally, many of these assets are quite challenging from an investibility standpoint because they're quite illiquid.

Um, and what the beauty of this type of technology enables is actually it addresses each of those problems because it makes it much more transparent, much more friction free, actually enables alternative ownership structures which address some of those affordability challenges, and also can reduce the overall investment required or increase the participation in the investment.

Which means that it should be much more appealing to a wider set of people in addressing those issues.

simple.Max, your, your view on maybe not just banking, but how, how will this shift or move the, the, the value across the value chain?