TechFlow News, April 12 — Lennix, Managing Director of Global Institutional Business at OKX, was invited to attend the main forum of "2023 Hong Kong Web3 Festival" and participated in a roundtable discussion.
Lennix stated that in addition to regularly publishing Proof of Reserves (PoR) on a monthly basis, OKX is leveraging technological innovations such as comprehensive Merkle trees and zero-knowledge proofs to elevate PoR transparency to the standards of traditional financial audits, continuously leading the industry in security and transparency.
Furthermore, Hong Kong's robust and clear crypto regulatory framework serves as an excellent starting point, offering the highest level of protection for virtual asset investors globally today, while also supporting the healthy and sustainable development of the industry.
According to available information, apart from maintaining 100% reserve cleanliness, OKX is currently the only digital asset exchange that simultaneously achieves open-source verification of Merkle trees, wallet address ownership, and on-chain assets.
