Protection and Privacy with Jorge Pesok

The DIVI Crypto Podcast

On this episode of The DIVI Crypto Podcast, we are talking with Jorge Pesok, general counsel and chief compliance officer for legal-first crypto software company Tacen Inc. Tacen is a legal-first non-custodial exchange. Tacen believes that centralized exchanges are too risky, whereas decentralized exchanges are too slow. The alternative is institutional-grade speed combined with complete sovereignty of your assets. Tacen’s non-custodial wallets allows only the user to control their funds, with the smart contracts subject to hardy security audits and are non-upgradable. Tacen doesn’t hold user funds. All trades are completed Peer to Peer. As a result, your money stays safe, because the exchange never has access to it. The exchange implements central exchange's high performance order management with protection and privacy of decentralized exchanges. Traders do not need to be concerned with having their personal data stolen when trading on Tacen. All one has to do is link their wallet to begin buying and selling. The architecture is to fully comply with the applicable regulations, such as those of the SEC, FinCEN, and CFTC. In addition to the exchange, Tacen offers a token launch platform. This is a suite of tools to guide firms that are interested in launching their own tokens and to be compliant with regulations. SDK’s will be integrated with any crypto wallet, dApp, or even traditional applications. This shall allow users to swap their tokens with a minimal amount of friction. Tacen also is engaged in advanced talks with multiple NFT projects to connect our technology and ecosystem. The Tacen Exchange is blockchain agnostic. It will rely on decentralized networks of oracles that will run on DFINITY's Internet Computer. This will allow for the tracking and providing trade data for our unparalleled coordinated settlement process. We researched many of the options to cross-chain settlement. This included interoperability layers like Cosmos, as well as pure oracle-based solutions. Finally, the team at Tacen settled on using DFINITY's Internet Computer for one of the oracle's immutable data storage layers. Tacen has chosen three redundant systems for data storage solutions. First is a buffered, local cache on the Settlement Data Oracles (SDO) to handle high volumes of incoming data. Information is then compressed and both written to DFINITY's Internet Computer, along with Hedera’s fair-ordered message queue, to serve as a fallback data logging source. The goal is for a global network made up of thousands of SDOs maintaining hundreds of settlements simultaneously. Then, trades are publicized and stored by the SDOs, before they are compressed and written to the Internet Computer consuming cycles. To learn more about Jorge Pesok, visit: Site: https://www.tacen.com/ Twitter: https://twitter.com/tacen_app Telegram: https://t.me/tacen_app -- DIVI is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the DIVI Project blockchain serves as the core of the DIVI network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the DIVI team is able to create solutions to the industry's biggest problem: adoption by non-technical users. DIVI's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.