Proof of Reserves
Mechanism showing custodian holds claimed assets
Proof of reserves increases transparency regarding asset backing. However, it does not eliminate operational or insolvency risk. It should be treated as one risk signal among many.
Mechanism showing custodian holds claimed assets
Proof of reserves increases transparency regarding asset backing. However, it does not eliminate operational or insolvency risk. It should be treated as one risk signal among many.
Technical interface enabling system integration
Receiving funds in traditional currency
Difference between market rate and processor rate
Configured number of confirmations required
Difference between explicit fee and embedded spread
Complete record of transaction and account events