chainlink forbesChainlink says transparency is at the core of what the blockchain industry is about

everipedia chainlink chainlink erc20 vs bep2 chainlink forbes Chainlink says transparency is at the core of what the blockchain industry is about

b e in g t ra ns pa re nt a n d r e ve al in g th ei r pr o ve n r es e rv e s . T ra ns pa re nc y is a t t he c or e o f wh at t h e bl us h i nd us tr ie s ab ou t a nd I th in k t he l od gi ng i nd us tr y s us er s ha ve v er y st ro ng e xp ec ta ti on s fo r t ra ns pa re nc y al re ad y an d I t hi nk th at c er ta in en ti ti es al re ad y be yo n d s a vi ng U nf or tu na te ly b ec au se th ey v e b ee n a l re a dy e xp os ed to t he r is k th at h av in g m o re t ra ns pa re nc y o f s a lt b ut h av in g gr ea te r tr an sp ar en cy t ha n p ro ve s t h at pr ov en r es er ve s c a n d ef in i te ly m ak e t he a dd it io na l ri sk s g o a wa y f or o th er e n ti ti es a nd t hi s is w hy y o u se e so m an y e xc ha ng es a nd ev en b ef or e p ro to co ls a nd o th er s p r ev en ti ng v ar io us l ev el s o f p r ov en re se rv es b e ca us e i t s ac tu al ly a v e ry si mp le a n d ve ry c le ar so lu ti on th at f u nd am en ta ll y so lv es s ol ve s th e pr ob le m . No it d oe s I d a ls o l ik e I s ai d t he st or e s f at e t h an cr os se d b ac k i nt o t he s ys te m w h ic h m an y I d o s ti ll f ee l a s t h e fu tu re o f OB f iv e bu t I d o un de rs ta nd m e a s yo u he lp e n ti t ie s d em on s tr at e pr ov en r es er ve s a r e o n t h is t a nt ru m yo u ho w p re pa re d a re co mp a ni e s to re ve al t h ei r b al an ce s h ee ts t o y ou . E ve n t he o ne s th ey d o n t h a ve m uc h t ig ht er pr et ty p re tt y o p en to d o in g i t I I t hi nk ju st li ke i n t he g lo ba l fi na nc ia l sy st em a n y p la ce wh er e t h er e s f in an ci al m ar ke ts . S om et im es p eo p le o ve r e xt en d th em se lv es a nd t ak e t oo m uc h ri sk i n t h os e f in an ci al m ar ke ts b ut ge ne ra ll y sp ea ki ng I v e s ee n a v er y s t ro ng w il li ng ne ss f r om t op e n ti ti es an d ex ch an ge s t o s h ar e c ri ti ca l c ri ti ca l in fo rm at io n wi th u s a nd I t hi nk th at s b e ca us e t h ey r e t he y re a wa re of t h es e r i sk s a n d aw ar e of t he se p r ob le ms a nd I t hi nk t he re ar e m an y o f t he m a r e t ry in g t o m an ag e i nt o a p la ce w he re p ro v en r es er ve s w il l w il l p ro ve th ei r s ol ve nc y . I t hi nk a ll th at c a n b e c an b e ma na ge d i n a m o re s t ab le m a rk et a nd e ve n t h e on es th at w er e ta k in g l ar ge r r is ks i n a m or e t r an sp ar en t wo rl d t he y wi ll m a na ge t ho se r is k s d ow n a nd t h en i m pl em e nt p ro ve n r e se rv es . S o w h at s i mp or ta nt i s t h at t he c ry pt o in du st ry a nd h op ef ul ly t he g lo ba l f in an ci al m ar ke ts a t l ar ge No w s ee t h e va lu e of t h e gr ap h of t ru th in p r ov in g t hi s o ne k ey pi ec e o f tr ut h wh ic h i n t h is c as e i s o n th e ba la nc e sh ee t b u t I s ee p e op le w il li ng a nd e ve n t he o ne s th at m ig ht n ot in it ia ll y be w il li ng . I t h in k o f t h is be co me Sergey Nazarov of the company says, however, that certain entities are already beyond saving.