Jeremy Welch (Kraken) on Contemporary Proofs of Reserve (EP.283)
On The Brink with Castle Island
00:00
Is This a Requirement for Depository Institutions?
Head: It's remarkable, because it's not like banks have any way to prove directly to their depositors that they have the liquidity or acit base. And here is a way to,. atscale, prove the literal, on chain, cryptographic ownerships of these assets. So it's totally superior to existing technology. We'd be asking depository institutions to do these kinds of undertake will see, i mean, that the fact that it is possible. But i could also see it being nice to have tat, you know, looked on favorably.
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