Here’s why no one can compete w R-Squared on tokenizing assets for TradFi:
First, how do Wall Street bank trading desks make money?
Well - they buy things at a wholesale price, then sell them at a retail price. These things though require many hundreds of billions of dollars in balance sheet to acquire. And only other banks have that kind of cash - and therefore only other banks have the supply of those things.
So there’s a thing called an “Inter-dealer Broker” or IDB that sits between all the banks and acts as the market for these things. Now you might ask, why don’t the banks just call each other? Why? Bc they’d literally have to expose their own trading desires to their competitors who would then use that information to rip their faces off. This is a brutally competitive space. So the IDBs get-done the trades without exposing who was on either side of any trade.
So what else do the IDBs do? Well they guarantee that no one from the retail side will sneak into the market. Because if they did, there’d be no way for the banks, who’ve earned these wholesale markets by way of their balance sheets and super sophistication risk management, to make a two-way wholesale-to-retail market. And if they can’t do that, they’d stop trading and the market would die.
So this ecosystem, as clubby as it may seem, simply works.
So where does R-Squared fit in?
R-Squared is the only hardcoded L1 exchange where assets can be created with the flexibility of whitelisting trading participants (eg only the banks), blacklisting markets (eg so that banks can only trade one specific asset against another specific asset), and flexibility to have confidential transactions specific to the assets involved (so that banks can maintain their privileged view and not expose their intents). That’s on the wholesale side of things.
On the retail side of things, DEXs that sit on any other smart contract virtual machine, whether public or private, can be bridged to. Eg Solana or Ethereum or Polygon or a private chain somewhere, doesn’t matter. Wherever the retail
markets are, bridges can be made. And also there’s nothing preventing these assets from being listed on CEXs.
And something like this needed to have been made by someone trusted and experienced who knows what’s needed and was willing to do the heavy lifting to make it how it needed to be made, and who would and will be sensitive to all angles of concern and be sure to stfu whenever and wherever s-ing-tfu was and is required, regardless of how long required.
This is why we’ll win.
There is nothing, under law, or in practical technology, that can (or will ever) atomically tie real world data, and real world applications, to blockchain transactional executions, including trading and payments, without @r_squaredlabs. Nothing. Ever.
AI tokenmaxxing has an obvious corollary to blockchain, stablecoins and crypto. The ability to tokenize AI tokens (pardon the pun) and/or atomically swap the underlying data for stablecoins or crypto is an obvious and natural tie-in between these two technologies that’s not yet been really understood. And it hasn’t been because of a lack of real technology on the blockchain side to accomplish it.
R-Squared Labs has patent pending technology to do that very thing; and included in the package, amongst other things, is lock down security for any data from an asymmetric decentralized blockchain layer
We’ve been engaging with AI companies who themselves are on the cutting edge of innovation.
The future for American innovation is blindingly bright.
I’ve been hearing back from my network off line (what a shock). Let me be clear: I am willing to do business w anyone of substance who is honorable in intent and execution, subject to our intellectual property rights. That’s it. No grudges. However - there IS risk management, that can be covered off by a risk premium. Or to put it another way, as a sign above a bar I saw once said, “Don’t be THAT guy.” If you were a THAT guy, well it’s risk premium time. That’s the way things work.
Oh man here we go. Next stop: tokenization of AI tokens and/or atomic swaps of the raw data in return for stablecoins or crypto blah blah blah.
Actually wait… @r_squaredlabs can do that.
Actually wait, patent pending.
🤔
What people in “crypto” need to read into is Plato’s cave allegory. It’s when everyone’s in the cave & the shadows on the walls become actual reality. That’s EVERY smart contract engine. Not bc I say so, but bc the shadows aren’t actually real. @r_squaredlabs is real.
We’ve got a lot. Finance on one hand - which of course incl the attachment of real-world data from actual files on actual off chain servers to on chain trading for full trade lifecycle. & plainly just for data x-industry x-sector for lock down security or individual data sov.
So I had filed a provisional patent application some time ago and I hadn’t heard anything back (you need to get a filing receipt confirmation letter for the provisional application). It was taking quite a while actually so I called (btw the people at USPTO are the ABSOLUTE BEST - no joke. Totally awesome, patient, empathic, want to TRULY help - zero irony here). Anyway, so I asked (nicely) is there a reason for the delay? And they said (paraphrasing), “Oh.. um.. let me give you the number of the Ombudsman’s office.” And I was like, “Um okay sure but I’m just checking in on a delay I’m not looking to file a grievance or anything.” And they were like, “No just call them. It’s taking too long.” I was like, “Okay will do, thanks.”
And so I called. And the Ombudsman’s office SINCERELY could not have been nicer or cooler. And so I started with, “Not a huge deal on my end, there’s still time, but I was referred over here.” And they said (again paraphrasing), “ Oh um. Oh okay, yeah okay.” And I was like, “What’s up?” And they were like, “Well looks like there was a security review but it passed. That’s why there was a delay. You’ll get a letter soon.” And I was like, “Okay cool… wait a security review? I mean I sent it over a standard internet connection.” And they were like, “No a National Security review and we have no insight on the DOD or NSA. But it’s all good. It passed.”
I’ve been hearing back from my network off line (what a shock). Let me be clear: I am willing to do business w anyone of substance who is honorable in intent and execution, subject to our intellectual property rights. That’s it. No grudges. However - there IS risk management, that can be covered off by a risk premium. Or to put it another way, as a sign above a bar I saw once said, “Don’t be THAT guy.” If you were a THAT guy, well it’s risk premium time. That’s the way things work.
I’m finally starting to love this space. Perhaps bc we can win it. Like all of it. Not bc we’re better at things. But bc we’re something that’s actual. Have to be careful tho. If as result of being something, everything else goes down that’s not good for anyone. That’s what I’m facing now. We’ll sort it.
The @r_squaredlabs protocol uses blockchain signatures for access to data, allowing individuals to maintain real ownership & control over their personal information across apps without sacrificing data availability for things like AI.
It’s a bridge between individual data privacy & large-scale data availability.
Encrypted data is stored on an app’s private cloud, but a decentralized blockchain generates access keys for the users. Apps can now have two layers of asymmetric security to protect users’ data: a public blockchain + a private cloud.
Markets are cool. The free-er the better.
Here’s a quote from James Carville from the 90s:
“I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”
There’s actually core blockchain infra in place for personal data sovereignty that can cover this off in a way that’s OS (& even AI) agnostic.
The chain works like this: any app can integrate w the chain & if a user goes to the app & uploads a file, the software will hash & encrypt the file & store it in a storage of the app’s choosing (cld be cloud or local) - & simultaneously the link to the file & the permissioning (lock/unlock) is stored with the user’s account on the chain.
So now it’s your keys = your data.
From there any AI can be permissioned by the user to access their files (wherever they are) & process the data. There’s already open source storage adapters available for AWS and Google - & hardware adapters can also be readily made to cover the major OSs.
Just food for thought…
So I have a call end of next week w buddy of mine who’s in the EO at Coinbase. Main thread my end’ll be possible synergy betw wholesale bank2bank platform (RSQ) + retail distribution via DEX on Base. Will NOT be providing an update on call. But anything you’d like me to bring up?
Imagine if y’all could tokenize the funds themselves in a Reg D 506c compliant way w post-primary atomic lock up and then atomic release for straight through atomic secondary trading & settlement (did I mention the word atomic?).
Now your investors can get ongoing optionality between high DPI opportunity and liquidity risk management. Oh and you guys also get fund admin back office efficiencies for the distributions themselves which are… wait for it… atomic. ☺️
https://t.co/jUXnyig6mq