Category: FinTech

  • What Is Proof Of Reserves And How Does It Safe Your Funds?

    To understand the place your funds are being saved, let’s first discover how centralized exchanges work. PoR is believed to scale back audit tampering by documenting all on-chain activities, including monitoring wallets to track asset actions. Proof of Reserves (PoR) verification prevents custodians from using users’ deposited belongings to accumulate proof of reserve loans or…