Kenosian — Business Overview

Business model overview · regulatory-driven cryptographic audit infrastructure · peter@kenosian.com

The TTTPS audit chain is not a software subscription. It is a legal evidence repository that accumulates over the customer's regulatory retention horizon. Continuity of evidence is preserved across the multi-year obligation period defined by the underlying regulations.

Built for global interconnection fabrics · leveraging carrier-neutral global footprint · CAPEX-free model

Deployable across carrier-neutral metros worldwide. Enterprises facing EU AI Act / MiFID II / MiFIR / DORA are a natural fit for TTTPS and HYDRA-AUDIT. No hardware installation. No CAPEX. Activated via carrier-neutral virtual interconnect once on fabric.

EU AI Act GPAI / Art.53 — August 2, 2026  ·  D-??

A purpose-built IETF-track cryptographic AI audit solution aligned with EU AI Act Art.12/53 — training data provenance, tamper-evident audit chain, and regulatory-structured evidence.

GPAI/Art.53 obligations: 2026-08-02 (no change). High-risk/Art.12 obligations: 2026-08-02 (current law) → deferred to 2027-12-02 under EU Digital Omnibus provisional agreement (pending formal adoption).

2026 Global AI Regulatory Enforcement Timeline — jurisdiction-by-jurisdiction breakdown

€15M or 3% turnover penalty  ·  To our knowledge, none of the established ML observability tools — nor timing-only services — provides this.

Key Metrics

The business model at a glance.

Subscription
Tiered SaaS model — see Products for pricing tiers
Expanding
Retention pattern — regulatory scope expansion drives upsell
Compounding
Customer retention deepens as compliance chain ages
0%
CAPEX for operator or customer — pure fabric-native deployment
2,056
req/s HTTP E2E (measured) — GCP 2vCPU · k6 500VU
7-year
Compliance retention horizon — MiFID II evidence period
The Forcing Function

Regulatory mandate is the demand driver.

RegulationEnforcementPenaltyWho Is Affected
EU AI Act Art.53 (GPAI)Art.12 (high-risk): 2026-08-02 current law → 2027-12-02 deferred (Digital Omnibus provisional, pending formal adoption)2026-08-02 (D-67)€15M or 3% global turnoverAll GPAI providers
EU AI Act Art.12 (high-risk)2026-08-02 current law → 2027-12-02 deferred (Digital Omnibus provisional, pending formal adoption)€15M or 3% global turnoverHigh-risk AI operators
DORA Art.172025-01-17 LIVE€10M or 2%EU financial services firms globally
MiFID II RTS 25 (clock sync; extended under 2024 MiFIR review)pending application dateFCA/ESMA discretionEvery EU financial institution with algo trading
Korea AI Basic Act2026-01-22 LIVEKRW 300MAI companies operating in Korea
MAS TRM (Singapore)LIVESGD 1MFinancial institutions operating in Singapore
Strategic Position

TTTPS is a purpose-built IETF-track solution for this gap — few competing implementations exist at this compliance depth.

Product Architecture

One port, many workloads.

Fabric-native product layers
LayerProductFunctionStatus
Layer 00TTTPSCryptographic time anchor (all products)✅ GCP live · 🔜 fabric integration-ready
Layer 10HYDRA-KVLLM inference acceleration — lattice + CRDT✅ GCP live · 🔜 fabric integration-ready
Layer 20HYDRA-CDNEdge delivery, India/APAC, lattice-codedPhase 2
Layer 30HYDRA-GRIDPower grid monitoringPhase 3
Layer 40HYDRA-AUDITAI regulatory audit chain (EU AI Act Art.12/53)✅ GCP live · 🔜 fabric integration-ready

Single 100GbE port → multiple product layers simultaneously · Customer virtual interconnect → recurring infrastructure revenue

Validated performance — Phase 0 (GCP CPU)
MetricValueCondition
seal_batch_keyed throughput17.3M events/sGCP CPU in-memory microbench
lattice compression3.2× (lossy, CPU round-trip)cosine 0.79 vs FP16; top-1 token preserved
CRDT prefix dedupprefix-sharing sim / 95.6% theoreticalQUIC measured 2026-05-16 (GCP)
CRDT + Lattice combined~93% at 90% shared prefix3.2× compress × prefix dedup (analytic)
Cross-node QUIC latency95.9ms (GCP) → <1ms (target)carrier-grade 100GbE metro target
Lattice-coded India 30% loss~99.8% theoreticallattice-coding bound · simulated
chain_integrity (restart)true — 796/796 eventsRedis AOF · Art.12 90-day proven
k6 load test — KV941 req/s (rate-limited) → ~7,000 req/s projectedGCP 2-core · carrier-grade 100GbE 2-node sim · integration-ready
k6 load test — CDN922 req/s, 0% error100 VU
Full-stack scenario coverage22/23 (96%)Full stack · one gap = GCP firewall
Test baseline783 PASS / 0 FAILcargo test --workspace · 2026-05-23
The infrastructure partner gets
Every TTTPS customer = 1 virtual interconnect added
Precision time source service revenue — targeted for deployment
AI workloads → fabric traffic → recurring infrastructure revenue
Distributed AI hub listing (GPU cloud connectivity)
Intelligence MCP server integration opportunity
Sales incentive: virtual interconnect sales = quota attainment
Kenosian provides
Purpose-built cryptographic solution for EU AI Act Art.12/53
Zero hardware, zero CAPEX — pure fabric-native
17.3M events/s (batch seal, CPU in-memory) · 2,056 req/s pot_generate / 2,589 req/s pot_query (k6, E2E HTTP)
IETF draft-helmprotocol-tttps-03 (individual submission, BoF preparation underway)
7-year compliance retention horizon
Recurring infrastructure revenue per customer
Compliance Chain Economics

Customer engagement deepens with chain age.

Chain AgeEngagement DriverRevenue Pattern
Month 1–3Contract activation · chain initiatedStandard subscription revenue
Month 4–1290-day Art.12 chain complete — first regulatory submission filedSubscription + precision time source
Month 13–24Annual audit report anchored — compliance officer signed offFabric traffic increases
Month 25–36MiFID II 7-year retention begins — chain becomes legal recordCross-connect upsell
Year 7MiFID II 7-year obligation completePermanent compliance anchor
Structural retention

TTTPS customer engagement is anchored by regulatory retention obligations rather than by contract alone. Continued use is aligned with the customer's legal evidence requirements over the multi-year horizon.

Complementary Positioning

Timing-only services vs the full audit chain.

DimensionTiming-only servicesTTTPS (Kenosian)Winner
Hardware requiredPhysical timing hub per metroNone — pure softwareTTTPS
Install time4–6 weeks physicalInstant via virtual interconnectTTTPS
CAPEXHigh (customer + vendor)ZeroTTTPS
MiFID II RTS 25 (clock sync)✅ via precision time sourceEqual
EU AI Act Art.12/53❌ None✅ Full: Art.11/12/15/19/53TTTPS
Cryptographic evidence chain❌ Plain logs✅ Ed25519 + blake3TTTPS
ThroughputEst. <1M events/s (timing-only service)17.3M events/s (batch seal, CPU in-memory, GCP)HTTP E2E: 2,589 req/s (k6 1000VU) · different measurement basisTTTPS
Recurring infrastructure revenue contribution❌ Cross-connect only✅ Per customerTTTPS
7-year compliance retention horizon✅ Chain accumulationTTTPS
Regulatory reportingMiFID II RTS 25 (clock sync) onlyJSON-LD, all jurisdictionsTTTPS
Recurring Revenue Structure

A chain that deepens with the customer.

Timing-only services focus on cross-connect delivery. TTTPS adds a cryptographic audit chain on top of precision time, generating perpetual recurring revenue per customer that compounds as the chain deepens — a differentiated, additive capability rather than a replacement. The model is an illustrative tiered subscription; see Products for current pricing tiers.

Illustrative subscription model

Revenue scales with regulatory expansion: each new applicable regulation (DORA, EU AI Act, multi-jurisdiction) adds upsell to the existing chain. Net retention expands rather than contracts because compliance scope grows over the customer lifecycle. Pricing tiers are published on the Products page.

Competitive Moat

Hyperscalers cannot replicate this.

Compliance chain deepening over time
  • Month 1Contract signed. Chain begins. First virtual interconnect activated.
  • Month 490-day Art.12 chain complete. First regulatory submission filed on Kenosian evidence.
  • Month 12Annual audit report anchored. Compliance officer signed off on the chain.
  • Month 36MiFID II 7-year retention in progress. Chain forms part of the customer's legal record.
  • Month 84MiFID II 7-year obligation complete. Chain stands as permanent evidence archive.
Capability vs hyperscaler
CapabilityFabric-nativeHyperscaler
EU AI Act audit✅ TTTPS
MiFID II RTS 25 (clock sync)✅ Precision timePartial
Cryptographic chain✅ Ed25519
7-yr legal evidence✅ Redis AOF
Multi-year compliance retention✅ Structural
Zero CAPEX deploy✅ Virtual interconnectRequires setup
Hyperscalers do not operate carrier-neutral interconnection fabrics. This moat is structurally defensible.
Three Market Tracks

One fabric, three demand surfaces.

Track 1 — Financial / MiFID II RTS 25 (clock sync)
Market€3.4B/yr AI governance (EU realistic scenario)
RegulationMiFID II RTS 25 (clock sync; extended under the 2024 MiFIR review) — pending application date · EU AI Act Art.53/GPAI (Aug 2026) · Art.12/high-risk (2026-08-02 current → 2027-12-02 deferred, Digital Omnibus provisional) · DORA Art.17 (live)
Penalty€15M or 3% turnover (EU AI Act) · €10M or 2% (DORA)
SegmentEU financial services — algo-trading institutions
Target MetrosCarrier-neutral financial metros (EU + US + APAC)
Target SegmentGlobal investment banks and proprietary trading firms
Product FitTTTPS + HYDRA-AUDIT
ROI illustration: EU AI Act max fine €15M → annual audit cost a fraction of one percent of penalty exposure
Track 2 — AI Inference / LLM
MarketAI inference $106B (2025) → $255B (2030), CAGR 19.2%
KV Cache87% of GPU memory in production LLM (LLaMA2-7B, batch=8, seq=32K)
Hydra-KV ImpactCross-node transfer reduction via 3.2× lossy compression + prefix-sharing dedup (workload-dependent, QUIC measured GCP)
SegmentDistributed AI hubs · intelligence MCP server
Target MetrosAI-inference carrier-neutral metros (US + EU + APAC)
Target SegmentGPU cloud and AI inference providers
Product FitHYDRA-KV + HYDRA-AUDIT
Lattice pipeline: multi-stage lattice coding → HMAC  ·  Pricing: $0.03/GB processed
Track 3 — Gaming CDN / India APAC
MarketIndia 590M gamers · Cloud gaming $5.9B → $16.7B (2034), CAGR 46%
ProblemIncumbent CDN ~$1.57M per patch cycle (2GB × 16M users, public-range pricing), 130 min · single-ISP CDNs leave other carriers uncovered
Hydra-CDN$6.3K per patch (99.6% saving) · 6 min · All-ISP coverage
SegmentIndia metro direct ISP peering
Target MetrosIndia + APAC carrier-neutral metros
Target SegmentLarge mobile game publishers (16M+ DAU titles)
Product FitHYDRA-CDN
Pricing: $0.005/GB  ·  Cloudflare: $0.015  ·  67% cheaper  ·  Single-ISP CDNs exclude other carriers → Hydra covers all ISPs
Regulatory Exposure by Tier

Target segments, by exposure.

Illustrative target segments — pre-engagement. Not contracted customers. Revenue figures are estimated potential ARR and illustrative only, not contracted.

Tier 1 — Institutional
Target SegmentRegionRegulatory ExposureTier
Global investment banksEU + US + APACMiFID II RTS 25 + DORA + EU AI ActInstitutional
Universal banks with algo desksEU + US + APACMiFID II RTS 25 + DORA + EU AI ActInstitutional
Tier-1 brokerage and prime servicesEU + USMiFID II RTS 25 + DORAInstitutional
GPAI model providersEU + USEU AI Act GPAI + DORAInstitutional

Illustrative ROI: for a large institution, EU AI Act maximum exposure (3% of global revenue, max-penalty scenario) dwarfs annual audit subscription cost — the audit cost is a fraction of one percent of penalty exposure.

Tier 2 — MiFID Pro
Target SegmentRegionRegulatory ExposureTier
Proprietary trading / market-making firmsEU + USMiFID II RTS 25 (clock sync, ±1µs via precision time source) — pending application dateMiFID Pro
HFT and electronic liquidity providersEUMiFID II RTS 25MiFID Pro
Cross-border algo trading firmsUS + EUMiFID II RTS 25 + FINRA CATMiFID Pro
GPU cloud / AI inference providersUSEU AI Act GPAIMiFID Pro
Tier 3 — Compliance

Thousands of cloud/AI SaaS companies across carrier-neutral metros. EU AI Act GPAI/Art.53 enforcement Aug 2, 2026; high-risk/Art.12 deferred to 2027-12-02 (Digital Omnibus provisional, pending formal adoption). Compliance tier covers all GPAI operators below system-risk threshold.

Why the TAM Floor Is Conservative

DORA alone sets the floor.

Regulatory floor

DORA Art.17 mandates cryptographic audit trails for 22,000+ EU financial institutions. TTTPS is a purpose-built IETF-track solution. A 5% conversion implies a multi-tens-of-millions ARR opportunity.

Adding EU AI Act (Aug 2026) + MAS TRM + Korea AI Basic Act expands the total addressable market materially. These projections are illustrative. Enforcement, however, is not optional.

DORA Critical Third-Party Providers

Major interconnection and cloud operators have been designated Critical Third-Party Providers under DORA (ESA, Nov 2025). Every financial tenant is already legally required to document and audit their dependency on critical infrastructure providers. TTTPS is the audit layer.

Why TTTPS Cannot Be Displaced

The moat is mathematics and time.

Lattice Pipeline
Maximal at every stage
Multi-stage lattice coding pipeline, each stage operating at its theoretical optimum.
Each stage is theoretically maximal. There is no headroom to improve — it is already at the mathematical boundary.
Lattice Compression
At the information-theoretic optimum
Proprietary lattice compression operating at the information-theoretic optimum.
No algorithm can exceed this coding efficiency. The limit is not engineering. It is mathematics.
7-Year Chain
Not technology — time itself
A competitor starting today arrives at parity in 2033 — after your customers' MiFID II 7-year obligation completes on Kenosian infrastructure.
The competitive moat is not a feature. It is mathematics and time. Both are irreversible.
Regulation Enforcement Timeline

The calendar is the roadmap.

DateEventPenaltyProduct
2025-01-17DORA Art.17 — live€10M or 2%HYDRA-AUDIT
2025-11Major cloud operators designated DORA CTPPUpstream riskHYDRA-AUDIT
2026-01-22Korea AI Basic Act — liveKRW 300MTTTPS
2026-03-01Vietnam Law 134 — live5% revenueTTTPS
2026-08-02EU AI Act Art.53 (GPAI) — D-68Art.12 (high-risk): 2026-08-02 current law → 2027-12-02 deferred (Digital Omnibus provisional, pending formal adoption)€15M or 3%TTTPS + AUDIT
2026-08-02GPAI Code of Practice enforcement26 cos. signedTTTPS
2027MiFID II 7-year retention reviewOngoingFull chain
Regulatory Alignment

Proof-of-Time across financial & AI regulations.

TTTPS provides cryptographic proof-of-time designed to satisfy timestamp integrity requirements across financial, AI, and infrastructure regulations. HYDRA-AUDIT provides the event chain and provenance layer for AI system compliance.

RegulationRequirementCoverageProduct
EU AI Act Art.12/53EU 2024/1689AI event logging, GPAI training data provenance, tamper-evident audit chainCryptographic event chain · chain_integrity: true · JSON-LD cryptographically-verifiableHYDRA-AUDIT
MiFID II RTS 25 (clock synchronization)EU MiFID II RTS 25 (clock-sync mandate, ±1ms; extended under the 2024 MiFIR review) — pending application date±1ms clock synchronization for HFT; ±100µs for trading venue gatewaysMulti-source PoT via precision time source (±1µs target) · cryptographic divergence detection · ESMA-alignedTTTPS
DORA Art.17EU 2022/2554ICT incident reporting, audit log integrity, operational resilience7 Byzantine attack vectors detected and logged (6 roadmap) · 7-year tamper-evident chainHYDRA-AUDIT · TTTPS
FINRA Rule 4590CAT NMS Plan, USClock synchronization audit trail for order routingTamper-evident PoT log, queryable per-event · Prometheus alert integrationTTTPS
MAS TRM 2021 + AIRG 2025Section 6.4.1 + AI Risk Mgmt Guidelines, SingaporeFinancial infrastructure time audit; AI system risk management and audit trail requirementsMulti-anchor PoT · precision time source (±1µs); high-precision GEO source ±10ns — roadmap · MAS AIRG AI audit trail alignmentTTTPS
FCA PS17/14 & MAR 7AUK MiFID II equivalentClock synchronization, audit trail integrity for trading venuesEd25519-signed PoT chain · structured for FCA submissionTTTPS
SEC Rule 17a-3US Securities and Exchange CommissionRecords of orders, confirmations, and audit trail integrityTamper-evident PoT per transaction · Byzantine detection alertTTTPS
Korea AI Basic ActLive 2026-01-22High-impact AI system logging and accountability recordsCryptographic event chain · JSON-LD provenance · Korea metro deploymentHYDRA-AUDIT
TRAI / CERT-InIndiaTelecom timestamp integrity, incident reportingPoT format aligned with TRAI requirements · structured for CERT-In submissionTTTPS
FINRA AI Governance 2026FINRA Annual Report 2026, USAudit trails of AI agent actions, human oversight checkpoints, model version tracking, prompt/output logsCryptographic PoT per AI agent action · tamper-evident log · Prometheus checkpoint alertHYDRA-AUDIT · TTTPS
MiFID III (forthcoming)EU — successor to MiFID IIRich metadata stream: exact timestamp, participant identity, device, location per order eventSub-µs PoT via precision time source · Ed25519-signed metadata chain · designed to support forensic submissionTTTPS
MAS Agentic AI GovernanceIMDA/MAS 2026, SingaporeDistributed accountability logging for AI agents; decision traceability for financial AICryptographic event chain · JSON-LD provenance · Singapore metro deploymentHYDRA-AUDIT
Japan FIEA + FSA AI ActFinancial Instruments and Exchange Act + AI Promotion Act 2025HFT order management timestamp records; AI system accountability and transparency obligationsPer-event PoT log queryable per-order · JSON-LD export for FSA submission · cryptographic AI event chainTTTPS · HYDRA-AUDIT
HKMA / SFC AI GovernanceHong Kong — 2026 GenAI RulesAI model governance, audit trails for AI-driven financial decisions; HKD 10M penalty for non-complianceCryptographic event chain · JSON-LD provenance · Hong Kong metro deploymentHYDRA-AUDIT
APRA CPS 234 / 230Australian Prudential Regulation AuthorityInformation security incident reporting; operational risk management for financial institutions7 Byzantine attack vectors (6 roadmap) · tamper-evident audit chain · Prometheus incident alertHYDRA-AUDIT · TTTPS
7-Year Compliance Chain

A chain that matures with the obligation.

The chain is purpose-built to serve the customer's full regulatory retention horizon. Continuity of evidence is preserved across the obligation period.

Per-Customer Compounding

Economics that compound.

Recurring
Subscription revenue per customer, deepening with chain age
€0
CAPEX required by operator or customer
Expanding
Retention pattern as compliance scope grows over the customer lifecycle

Revenue scales with regulatory expansion across the customer's compliance lifecycle. Pricing tiers are published on the Products page.

Expanding, Not Contracting

Retention pattern across the customer lifecycle.

Qualitative pattern — illustrative, not contracted.

CohortPattern over 12–60 monthsDriver
Standard enterprise SaaSContracting (contract expiry, competition)Vendor switching cycles
Timing-only servicesContracting (renewal-only)MiFIR renewal scope
TTTPS — FinancialExpandingUpsell: DORA + AI Act + multi-metro
TTTPS — AI/GPAIExpandingUpsell: training pipeline + KV
TTTPS — BlendedExpandingRegulatory scope grows over the lifecycle
Total Addressable Market

Demand sits on existing tenants.

The compliance mandate falls on existing enterprise tenants across carrier-neutral metros — no new customer acquisition is required to source this demand.

Segment sizes are external market estimates; conversion and revenue figures are illustrative projections, not contracted.

SegmentAddressable TenantsRegulatory MandateIllustrative Conversion (10%)
Financial services1,250+ firmsMiFID II RTS 25 + EU AI Act + DORA~125 customers
Cloud/AI/SaaS2,900+ companiesEU AI Act Art.12/53 (GPAI)~290 customers
Enterprise IT3,000+ tenantsDORA + sector-specific~300 customers
Gaming/Media500+ companiesEU AI Act + CERT-In~50 customers
Total addressable7,650+ tenantsAll above~765 customers
Revenue Projection

Conversion of existing tenants at single-digit-to-double-digit percentages implies a multi-tens-of-millions ARR opportunity. All figures are illustrative projections, not contracted.

Live Demo

IETF -03 wire format, replay defense, chain integrity.

Available on request via kenosian.com · Demonstrating IETF -03 wire format, replay defense, and audit chain integrity:

# Step 1: Generate PoT (143-byte IETF -03 wire format)
curl -X POST https://api.kenosian.com/pot/generate \
  -H "Content-Type: application/json" \
  -d '{"eventId":"partner-demo"}'
# → {"pot_hash":"a3f1...","signature":"ed25...","timestamp_ns":1748...,"mode":"turbo","event_id":"partner-demo","current_mode":"turbo"}

# Step 2: Replay defense → HTTP 409
curl -X POST https://api.kenosian.com/pot/query \
  -H "Content-Type: application/json" \
  -d '{"eventId":"partner-demo"}'
# → {"pot_hash":"a3f1...","event_id":"partner-demo","timestamp_ns":1748...}

# Step 3: Audit chain integrity
curl https://api.kenosian.com/audit/report \
  -H "Authorization: Bearer $TOKEN" | python3 -c \
  "import sys,json; d=json.load(sys.stdin); \
   print('chain_integrity:', d['chain_integrity'])  # → true
   print('total_events_lifetime:', d['total_events_lifetime'])  # → 796+"
TTTPS is not a software ISV. It is a regulatory infrastructure anchor.

Every enterprise customer that starts the audit chain generates recurring revenue anchored by the multi-year regulatory retention horizon, and a structural moat that hyperscalers cannot replicate.

The compliance mandate falls on existing enterprise tenants — no new customer acquisition required.
Net retention pattern: expanding rather than contracting as regulatory scope grows.

GPAI/Art.53 enforcement: August 2, 2026. High-risk/Art.12: 2026-08-02 (current law) → deferred to 2027-12-02 under EU Digital Omnibus provisional agreement (pending formal adoption).

Get Started
TTTPS is a regulatory infrastructure anchor.

A purpose-built IETF-track cryptographic AI audit solution ready for EU AI Act enforcement. GPAI/Art.53: August 2, 2026. High-risk/Art.12: 2026-08-02 (current law) → deferred to 2027-12-02 under EU Digital Omnibus provisional agreement (pending formal adoption).

EU AI Act Art.12/53 · DORA Art.17 · MiFID II RTS 25 (clock sync) / MiFIR review (Regulation (EU) 2024/791) · IETF draft-helmprotocol-tttps-03