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The Two-Step Proof of Reserve Playbook

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Chainlink

At Digital Asset Week Hong Kong, Chainlink Labs' Niki Ariyasinghe explains the power of Chainlink Proof of Reserve for bringing reserve data onchain and acting as a key control system in the token minting mechanism that proves onchain supply does not exceed offchain reserves.

Chainlink is the industrystandard decentralized computing platform powering the verifiable web. Chainlink has enabled over $10 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to realworld data, offchain computation, and secure crosschain interoperability across any blockchain. Chainlink powers verifiable applications and highintegrity markets for banking, DeFi, global trade, gaming, and other major sectors.

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posted by rodeethercefk