Zhao Changpeng: Multiple products will be released around Binance's proof of reserves and proof of solvency

ChainCatcher news, Binance CEO Zhao Changpeng revealed that Binance's next major product aims to address issues of trust and transparency, with multiple products being released around Binance's proof of reserves and proof of solvency to provide greater transparency and a publicly released roadmap. On the topic of DeFi, Binance will continue to invest to make DeFi more accessible and usable. Finally, the product team's goal is to achieve 1 billion verified Binance users by further simplifying the KYC process.

In response to how Binance ensures scalability between its products, Zhao Changpeng stated that his solution to the scalability technical challenges is to hire the best talent from the largest traditional, internet, and financial applications to tackle these challenges, and so far, this approach has worked well. (Source link)