# Vinay Gupta, founder Mattereum, putting assets on the blockchain: “Ethereum will scale definitely” > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [721]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2018-10-30 (YouTube upload date), https://www.youtube.com/watch?v=wB6kO2za2RA. Text: automatic captions, partly corrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Mattereum press. - Career works it belongs to: - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. (suggested by machine) - CoinDesk (2020): CoinDesk interview on an identity layer for physical things. (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - Topics: Property, NFTs & real-estate transactions (31%); Crypto compliance & money laundering (12%) - Distinctive terms here, against the whole archive: Smart Property Register (1 here; 5 sources in all, earliest dated 2018); property register (1 here; 6 sources in all, earliest dated 2018); smart property (1 here; 10 sources in all, earliest dated 2014); ICO (1 here; 32 sources in all, earliest dated 2014); contracts (2 here; 147 sources in all, earliest dated 2006, 3 undated); smart contracts (1 here; 110 sources in all, earliest dated 2014, 2 undated); Mattereum (1 here; 127 sources in all, earliest dated 2014, 2 undated) - The earliest dated source in this archive for (undated sources may be earlier): property register; Smart Property Register - Importance: core-text score 0.15 (1.00 is the top), number 426 of the 729 sources it scored, the research build's measure of substance, importance and innovation - Related sources: - [567] [The Fourth Mattereum Physical Asset NFT Meetup 8th Feb 2023 (2023)](https://guptaoption.com/texts/567.md): close in content (cosine 0.95) - [678] [WNWB S01E08: Mattereum with Vinay Gupta (2022)](https://guptaoption.com/texts/678.md): close in content (cosine 0.94) - On the same works, just before: [183] [Vinay Gupta to talk about Mattereum at Disrupt Berlin |... (2018)](https://guptaoption.com/texts/183.md); [600] [Mattereum Highlights - Chris Wray - Impact of smart... (2018)](https://guptaoption.com/texts/600.md); [864] [Blockchain Beyond Bitcoin with Vinay Gupta Virtual... (2018)](https://guptaoption.com/texts/864.md) - On the same works, just after: [597] Mattereum Smart Property Register - Rob Knight (2018); [598] [Mattereum Smart Property Register - David Salgado (2018)](https://guptaoption.com/texts/598.md); [116] [Vinay Gupta Thinks Tokenizing the World Is the Best Way... (2018)](https://guptaoption.com/texts/116.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: Vinay Gupta, founder Mattereum, putting assets on the blockchain: “Ethereum will scale definitely”, video, 2018-10-30, https://www.youtube.com/watch?v=wB6kO2za2RA; in Vinay Gupta's archive at guptaoption.com, source [721], https://guptaoption.com/texts/721.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=wB6kO2za2RA&t=0s) beautiful London with Vinay Gupta he's the founder of Mattereum how are you do you fini not well at all it's been quite a long day yeah crypto challenge from a beautiful location in London husband up to so far for you it's your the fantastic event um you know we we tried to get the heaviest possible set of speakers for this thing because we don't want to set a high-water mark right you know the subtitle is blockchain in the future of humanity you know environment economy and ethics yeah and with a title like that you have to bring up a list we just saw as senior m.i.a for instance said it was a good good one yeah marvellous really marvelous so what do you think [0:41](https://www.youtube.com/watch?v=wB6kO2za2RA&t=41s) what do you think what take you back home on the first day what's what are some of the conclusions well I mean we were helping organize this thing a lot also you know you never really get to experience your own conference so max actually runs the conference and it's very much his show but we had a ton of input into it and so you're always like oh they turned up I thought really good in you you're always in that mind where you're thinking about the mechanics of it rather than the content so much and [1:09](https://www.youtube.com/watch?v=wB6kO2za2RA&t=69s) but yeah it's been a fantastic kind of range through everything that's happening the presentation from the government of Liechtenstein was probably the high point very very sophisticated figure out handle crystal assets and I think that's gonna be an amazing set of breakthroughs if we look at the trends [1:29](https://www.youtube.com/watch?v=wB6kO2za2RA&t=89s) in crypto I mean it's stos are is that a dominant trend well I mean there's not much to buy yet right everybody wants hard to be the next thing let's see what happens what do you think if we look to [1:41](https://www.youtube.com/watch?v=wB6kO2za2RA&t=101s) the ICO market is it some people say ok New York Stock Exchange is brooding stas on the exchange so is that the have you say that that met your father i ciose or so i mean most of the IC rows [1:56](https://www.youtube.com/watch?v=wB6kO2za2RA&t=116s) were crap and everybody knew the IC o---- so crowd and everybody played along because they were making money and that kind of stuff people go to jail for that kind of stuff you know do not be surprised to the prosecution sir and there's a whole bunch of you whining right very bad things were done everybody knows that we have to knock the you know game off and you know like people have to get serious this stuff is real finance people losing their homes over this so you know the ask you thing a Greece it will be fully regulated so it's much less likely to run into those kind of pump and dump scam type things but it's also moving away from the original dream of a boundary law special scripture growing up is also growing old so so what do you think I mean what are the plans for material itself as a project as a company and well so we just want to do light paper it's on the website and it describes the function of the smart property register the asset passports um and the automated custodian and those systems together absolutely finally solve the problem of how you get our sites on chain so we now present an absolute legal procedure that you follow to take a fear are set like a house or a car and get it on chain in a way which is properly legally binding so it could be controlled with a smart contract with a partnership with a torah and the company's material but that protocol will run on top of various different watch shades right because it's a it's a protocol rather than a product but these exceed these are important protocols I mean these are actually the creative capital in this space I mean at the end of the day we need to be able to get our sets on chain because right now there's nothing a buyer there's nothing for the sworen contracts to control other than show kitties [Music] [3:48](https://www.youtube.com/watch?v=wB6kO2za2RA&t=228s) right I mean at this this moment is also in Prague there's this this DEFCON and don't know DEFCON 4 yeah I'm going there tomorrow morning right well what were your expectation of that I mean oh it's gonna be wild right it's gonna be a riot as always I mean it Syrian itself or do [4:06](https://www.youtube.com/watch?v=wB6kO2za2RA&t=246s) you expect I mean oh well I mean you know the devlins are always the kind of big soft psychical markers right yeah everybody gets together at one place everybody takes stock you know this all the time it'll be like oh my God we're billionaires why now we're back to merely millionaires for the people who are trading tokens right so there have been a bunch of your pika trough over ventilation and depression and I think there's gonna be a very strong emphasis on scaling debates Oliver although some [4:36](https://www.youtube.com/watch?v=wB6kO2za2RA&t=276s) people say I was at this Bitcoin cash event and they say some of these people say we love it Tyrion but it can't scale it was a bit of a like why this yeah [4:49](https://www.youtube.com/watch?v=wB6kO2za2RA&t=289s) well because smart contracts do actual work they're much more complicated to scale than just transactions it will scale it's a it's being difficult but we knew it was going to be difficult right but we've got very very smart people working on them and a lot of them so you know there's a certain amount of wait-and-see here just a few more [5:08](https://www.youtube.com/watch?v=wB6kO2za2RA&t=308s) questions what are the next points for material becoming in six months so we're going to start at tokenizing some very very interesting historical assets yeah I can't say too much about right now Oracle historical right I mean actual museum type stuff actor a B and C your fluency right but the reason we're doing that is because it's a really good showcase for the role of Providence and they're all the evidence in verifying the value of an asset and we will do high-value assets first because it's just easier to do the paperwork if you're doing it for a few high-value assets and lots of small offset so watch this space it's going to be some very interesting stuff coming up [5:52](https://www.youtube.com/watch?v=wB6kO2za2RA&t=352s) it's always the cooperation with institutions with the authorities growing because some of these saw use iums are in the hands of institutions [6:02](https://www.youtube.com/watch?v=wB6kO2za2RA&t=362s) I'm moved by those views emerges and [6:07](https://www.youtube.com/watch?v=wB6kO2za2RA&t=367s) yeah whether actually favorite Clips occurrences may I ask well so the [6:13](https://www.youtube.com/watch?v=wB6kO2za2RA&t=373s) currencies basically I don't care about the currencies you know where we have kind of a non trading policy of material because we're doing so much kind of complicated legal stuff that the prospects for things like conflict of interest weigh very heavily upon us digital things like insider trading risk right so generally speaking we are not traders and in terms of technologies you know us works right if Yuri was going through radical revolutionary change amazing things are happening and we're quite close friends of the company gold our joint have a fantastic formally verified permission ledger technology our joint and so we're you know we're very much about the technology we just want to win see in what the adoption looks like where does it end [6:57](https://www.youtube.com/watch?v=wB6kO2za2RA&t=417s) in the end we now have apps on our smartphone I want to take before we have the apps and decentralized network I throatily gonna be 15 minutes after we get scaling but we're all waiting for scaling thank you very much you have any free time and all the best to talk about together --- End of [721] Vinay Gupta, founder Mattereum, putting assets on the blockchain: “Ethereum will scale definitely”. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [597] Mattereum Smart Property Register - Rob Knight (2018) (no text here); the most closely related, [567](https://guptaoption.com/texts/567.md) The Fourth Mattereum Physical Asset NFT Meetup 8th Feb 2023 (2023); his whole career in one file, https://guptaoption.com/story.md.