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Business Innovation BUSINESS INNOVATION

Blockchain Project: Chainlink Proof of Reserve (PoR)

Chainlink Proof of Reserve (PoR) offers autonomous, reliable, and secure asset monitoring. It is used to automate verifications that provide to transparency.

it works to ensure stablecoins, CBDCs, and wrapped cross-chain assets are properly backed, Implement a circuit breaker failsafe to prevent undercollateralization, create fully-transparent onchain financial instruments and obtain collateralization data on any cross-chain asset across any chain.


 

Topics:

Decentralized Finance (DeFi)Security
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