“We had a number of transactions process like 13 billion in transactions ... a lot of more credit card transactions”
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Said on Compliance into the Weeds
Hank Quoth · The Quant / Financial Engineering Podcast · The Clarity Act
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Propose using Zero Knowledge Proofs to prove compliance (e.g., transaction under $10K or filed IRS form) without revealing transaction details
“We had a number of transactions process like 13 billion in transactions ... a lot of more credit card transactions”
“‘Precision timing and navigation… you can’t conduct financial transactions without satellites… you need a plan for that.’”
“We have been operating under a matrix model, which requires both the asset class as well as the regional head to be supportive of a transaction…”
“Provide some vibe coding tools… compliance sandbox… approved components… automated compliancy check… connected to the ATS, the GDPR proof.”
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