Vivek Prasannan

that will enable off-chain activities to be settled transparently on the blockchain and savings accounts to be created for the users that are locked for a certain time to enhance fund security. This proposal removes the need for the 3rd party to become custodians but grants them limited power over the funds. This way, additional services are enabled, for instance, off-chain high-frequency trading with sophisticated order types can be implemented by centralized services with funds being transparently held on-chain.

Expanding on the learnings from above, he is currently working on Polkadex, a cutting-edge decentralized exchange that works on an orderbook that is mathematically and economically interoperable with layer1 chains like Ethereum, Polkadot and many more in the making. The goal is to bridge silo'd liquidity spread across multiple blockchain ecosystems and create settlement solutions around it. It's built on Rust and Substrate, a framework to build application specific blockchains, opensourced by Parity technologies.

The primary philosophy of building this solution is to separate custody of assets from the actual order matching. Crypto is about "ownership" and without solving this fundamental problem where "owners" can exchange their asset without sacrificing custody, Decentralized finance cannot realize its true potential. This ownership of data and asset is at the core of all web3 application.

He holds a bachelors in Computer Engineering. Can learn and start coding in any language given reasonable time.

When he’s not working, he gets away in his Triumph Bonneville T120. Avid biker with more than 30,000 kms organised riding experience in different terrains and continents.

Student of Advaita Vedanta, Njana yoga and Raja yoga. Exponent of non-dual awareness through deep meditation. Always learning, curious and exploring this beautiful existence, consciousness, bliss!