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Enhancing The Integrity Of The U.S. Financial System With Proof Of Reserves And Proof Of Composition
Current audit practices depart essential gaps, the place unseen risks can emerge minutes after audits conclude. Proof of reserves offers real-time verification of asset backing, whereas proof of composition ensures transparency into what belongings are held and in what proportions—collectively reducing the hazard of fraud and insolvency. If the U.S. wishes to steer in onchain finance, it ought to undertake…
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