Dr. Han, founder of Gate, attended the DAS London Summit and delivered a keynote speech, sharing new ideas on PoSEC funding security certification
The founder and CEO of Gate, Dr. Han, was invited to attend the Digital Asset Summit 2026 London conference and delivered a keynote speech titled "Internet Cash Has No Undo Button," sharing insights on digital asset security, global financial services, and trends in the cryptocurrency industry.
Dr. Han pointed out that as the practical applications of cryptocurrency assets upgrade, the global scale of cryptocurrency users and the application of stablecoin payments continue to grow, while the industry also faces a series of new security challenges driven by AI. By 2026, the number of global cryptocurrency users has exceeded 833 million, with over 300 cryptocurrency attack incidents occurring during the same period, resulting in losses exceeding $8 billion.
Regarding asset security, Dr. Han emphasized that Gate's Proof of Reserves (PoR) can verify whether user assets have 1:1 reserve support, but trading platforms also need to further demonstrate that user assets can still be protected in the event of extreme security incidents. To this end, Gate has launched the Proof of Security of Funds (PoSEC), extending security verification from sufficient reserves to fund storage and risk protection. Currently, Gate's cold storage coverage rate has reached 104.58%, meaning that even in extreme scenarios where all assets in hot wallets are lost, cold storage is still sufficient to cover user funds.
In addition, Dr. Han elaborated on the potential of cryptocurrency technology and decentralization in reducing the cost of financial services and improving transaction efficiency. He stated that internet cash needs to combine the security guarantees of traditional finance with the globalization advantages of the internet. Gate will continue to improve its security system, promoting the deep integration of digital assets into real financial scenarios based on reserve transparency and security guarantees.
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