Tagged: proof of reserve

October 29, 2023 @ 5:52 pm By Omar Faridi  |  

Backed is pleased to announce that they have integrated Chainlink Proof of Reserve (PoR). This development provides users “with a transparent and trust-minimized means to confirm the collateralization of our tokenized assets.” Backed’s implementation represents a significant step forward in “how users can gain assurance… Read More

April 15, 2023 @ 8:15 pm By Omar Faridi  |  

Alongside, a platform enabling broad based exposure to the crypto market in a single token (AMKT)—is using Chainlink Proof of Reserve on Polygon mainnet. Integrating the decentralized Oracle network “helps enable Alongside transparently verify the asset reserves underlying AMKT, which track the top 25 assets… Read More

January 2, 2023 @ 11:26 pm By Omar Faridi  |  

Nic Carter, Partner, Castle Island Ventures. Cofounder, Coinmetrics.io, says that it’s undeniable that momentum around cryptographic Proofs of Reserve “is gathering.” According to Nic Carter, this is “a genuine silver lining from the FTX debacle.” He writes in a blog post: “We may well yet… Read More