Frequently Asked Questions
• Institutional Investor Engagement: Plaza brings out save, licensed, insured assets that are of interest to global high-volume trading institutions.
• Cross-Chain Interoperability: The HTLC bridge facilitates asset transfer across different blockchains, pooling liqudity from various ecosystems. Plaza will also attract the multitude of enterprise clients of DGT Network's other segments.
• Market Making Partnerships: Plaza creates favourable, flexible conditions for yield farmers and market makers to ensure order book depth and reduce price slippage for larger trades.
• Liquidity Aggregators: Plaza will work with decentralized liquidity aggregators.
• Fintech Ecosystem: The financial services ecosystem utilizing asset tokens will give rise to additional trading.
• Dynamic Fee Structures: Tiered fees that incentivize high-volume trades during different market conditions, contributing to consistent liquidity.
• Asset-Backed Stablecoins: Asset-Backed Stablecoins ensure users can quickly convert volatile assets into stable value, keeping funds on the exchange.
• Decentralized Identity Verification: KYC/AML compliance adhering to the most stringent standards (ex. W3C), while keeping sensitive data off-chain.
• Underlying Blockchain Security: DGT Network is in strict compliance with international cybsersecurity standards and regulations, ensuring a unified approach to safeguarding digital assets and user data. DGT has successfully passed security audits by independent banking clients. DGT features quantum-proof cryptography and is BFT-safe.
• Advanced Data Encryption: State-of-the-art cryptographic methods for privacy and securityof transactions and data, including methods like Secure Multi-Party Compilation (SMPC) and Zero-Knowledge Proofs (ZKP)....
• AI Smart Plaza Protocol: Real-time fraud monitoring systems to instantly detect suspicious activities on the platform, enabling immediate action against security breaches.
• Multi-Signature Wallets: Plaza's multi-signature wallers require multiple parties to approve transactions, adding an extra layer of security against unauthorized asset movements.
• Community Engagement: Ongoing user education programs about security best practices and community participation in bounty programs to identify vulnerabilities.
• Insurance Cover: Insurance indemnification covering potential losses due to security breaches, ensuring protection of users' investments.
• Regulatory Licensing: Plaza will obtain necessary licenses and approvals from relevant financial regulatory authorities, to enable the participation of institutional traders.
• Asset Verification: Rigurous verification processes for all tokenized real-world assets, ensuring they meet specific compliance standards and are continuously verified off-chain. This is performed by DGT Network's notary nodes.
• Core Blockchain Architecture: The underlying architecture of DGT Network enables compliant trading by its core design (consensus, ledger, protocol).
• Regular Audits: Regular audits of operations, finances, and security practices performed by independent third parties. This ensures transparency and adherence to regulatory standards.
• Tokenizing Business Validation: Plaza provides in-depth business validation of financial health, ownership, and other metrics.
• Insurance and Indemnity: Across all touchpoints of asset verification, storage, and movement to eradicate scam risk.
• Data Protection: Adherence to global data protection regulations to ensure user data is collected, processed, and stored securely and ethically.
• Collaboration with Regulators: An open dialogue with regulatory bodies, updating compliance protocls in line with evolving regulations.
• Real-time Compliance Monitoring: Advanced technology for real-time monitoring of trades and transactions to prevent non-compliant activities immediately.