Was the partnership with DGC International formed after you began looking to run an Authority Node and it is specifically related to utilizing the Factom Protocol?Roba has also formed key strategic partnerships to help promote the Factom protocol to the widest audience possible. We have partnered with DGC international, an international company that provides services in logistics, transportation, construction, training, education and research. DGC International is a leading U.S. prime government contractor who has been awarded over 200 million dollars in contracts throughout the last several years and was ranked 20 on INC. Magazine’s 5000's list of 2017 fastest growing companies. Roba also has consulting agreements in place with experts in the areas of healthcare, cybersecurity and marketing. We will leverage these consulting agreements to pursue specific opportunities in these areas, using this expertise on an ad-hoc basis when needed to minimize overall costs and maximize the value of our consultants’ time.
Your campaign document outlines how Mr. Hakim had to travel to Afghanistan and find someone who had an old crumpled up piece of paper that proved his ownership of land. How do you see the Factom protocol helping resolve this problem?A primary mid-term opportunity is promoting the Factom
protocol to help modernize property and land records. Specifically, Roba has leveraged its
experience and contacts in Kabul, Afghanistan to pursue applying the Factom protocol for property
and land records across Afghanistan.
We think the fact that an S-corp eliminates double taxation is a strong plus. Since the profits and loses are passed to shareholders, taxation occurs only once. This leads to more revenue being available for our authority node, and more for development and promotional purposes. The potential downside is the fact that shareholders are required to have salary requirements. While in the past several S-corps would pay their shareholders a "0" salary, this is ill advised. Naturally, if the price of factoids is very low, we would like to have the option of holding off on salary payments, with an S corp, this can be more difficult. That being said, Roba has only 1 shareholder, so we believe this is manageable.B. What pros and cons (if any) do you see operating an Authority Node as an S Corp with multiple owners?
Roba formed the partnership with DGC after we decided to pursue an authority node. The CEO of Roba, has a personal friendship/relationship with the CEO of DGC. They knew each other long before either of them had their own companies. We are hoping to use DGC in a specific capacity that deals with land records in Afghanistan. DGC has extensive experience working in Afghanistan and has strong connections there.Thank you for the application. To get started:
Was the partnership with DGC International formed after you began looking to run an Authority Node and it is specifically related to utilizing the Factom Protocol?
How will you leverage your existing consulting agreements in a manner that will be beneficial to the Factom Protocol?
Our intention with that story was to show three things:C.
Your campaign document outlines how Mr. Hakim had to travel to Afghanistan and find someone who had an old crumpled up piece of paper that proved his ownership of land. How do you see the Factom protocol helping resolve this problem?
How do you envision real estate agents using Factom?By being a part of the Factom community, as well as an
established real estate firm, we strongly believe that we can
introduce the Factom protocol to the local, as well as the
national real estate industry.
Roba see multiple ways real estate agents can benefit by using the factom protocol:How do you envision real estate agents using Factom?
We reached out to one particular OTC provider, thanks to a tip from a Factom community member, and confirmed they place FCT orders. This company has not publicly stated that support FCT transactions, so in order to respect their privacy we would prefer not to out them in a public forum. We would be happy to share this information with the selected authority operators who are interested in OTC transactions.Hi Ohakim. Which OTC providers have you reached out to? Thanks you
Since you mentioned it. Could you be a little more specific? What is the exact amount and how did you measure it?Roba has been involved with the test net community and has run both an audit and federated server with over 99% uptime.
From your answer to the above question and your application document the following things are not clear to me:Could you elaborate on the production servers your team has managed (amounts, OS-types, purpose)?
Could you be exact about "handling network issues"?We will have 3 POCs available for contact through email and phone and have all members of our core team capable of handling network issues. We will also have a 24/7 specialized company monitoring our servers, who will be capable of coordinating restarts and updating servers as needed.
We are running an instance on AWS, according to our dashboard we have been up since 02/28/2018, during this time period our server has been up continuously, except for times when we had to do take it offline for scheduled updates, or network issues such as stalls. Our testnet server is in the Ohio region, and there have been no downtimes in that region since we have been up and running, that is how we calculated the 99.9%. Please let us know if this answers your questionThank you for your application
Since you mentioned it. Could you be a little more specific? What is the exact amount and how did you measure it?
Ok later you mention 99,9%. Could you still answer the above questions?
For our testnet server we have alerts and monitoring enabled on our AWS dashboard, in case of any issues in that region. We have also monitored our server through Factom community resources such as the slack channels, telegram alerts and factoid.org. We hope for the main net and in addition to all this, the community can agree on some sort of mechanism that sends alerts to all poc's to multiple devices such as phone/email in case of server troubles/necessary updates.NK04)
How are you notified in case there are troubles with your servers?
From your answer to the above question and your application document the following things are not clear to me:
How many years of Linux administration does your team have?
Which 2 team members will perform the system administrations (one is obvious to me)? Please include the amount of years of experience
By network issues we are referring to two things. First and foremost making sure our proposed servers in the Oregon and Northern California region are up and running. We would would monitor them through our AWS instance dashboard the same way we do with our authority node. As part of our package with AWS, we have 24/7 technical support availability and we have already used this option multiple times. In the event of any issues in that region we would be able to reach out to them very quickly to determine what is going on. The second thing we mean by handling network issues is on the Factom community side. Occasional updates are needed, restarts, nodes being taken online/offline, brainswaps. In other words interacting with the servers through Ubuntu, to ensure all the authority nodes are operating in sync.NK03)
Could you be exact about "handling network issues"?
Could you also be exact about the 24/7 company. You are talking about servers. Are we talking about Factom for instance? If yes, how do you make sure these people know what to do?
Just to be clear and transparent let me elaborate on the development part. Our proposal was not development heavy and we don't plan to be deep in the weeds creating applications in house, at least initially. There is a lack of technical talent currently available for the factom protocol and given the current costs of really creating an application from scratch it's not financially feasible given the current budget constraints. But a big misconception is that small companies need specialized technical talent to start creating and implementing blockchain based solutions. The technology has reached a point where there are simple API's that allow companies to integrate their systems and create blockchain based solutions. For example we intend to recreate our website, and in our proposal we mentioned one of the things we intend to do is present a blockchain based solution for securing our customers closing documents. From our understanding companies like Sphereon have an API that we can use for this. Factom also has solutions that we are looking into that would meet our needs such as the digital vault which would allow us to use their platform to secure an entire record catalog of each loan file and every document related to a closed loan. As things progress and the protocol grows, we do intend to hire software developers to help us, but even then there are cost effective solutions. For example Factom has a sandbox that allows devs to create and implement quick proof of concepts that would be applicable to our business.Thank you for your application
Do you have experience developing applications, it's project management and budgets in house?
You mention several external grants. Will you be using node income and/or grants from the pool as well?
D. Let's say you get an Authority Node. How it performs will be easy to monitor. However, as part of your campaign you also discuss additional consulting/development/marketing type work which is important despite your single node Efficiency being set at 50%. The Standing Parties will likely want to see what progress you're making since it was part of your campaign. My questions are:
1. How would you communicate with the Standing Parties. Examples would be blog, twitter, Discord, Reddit, etc.
2. What would you communicate and how often?
3. What metrics should be used to gauge your success?