15 ways crypto companies can be more transparent with customers

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In the midst of a bear market, the last story the crypto industry wanted to see hit the headlines was the debacle at FTX.

It’s a story centered on the biggest negative perception many in the public still have of the crypto industry: that transactions regularly happen out of public view for the benefit of a handful of bad actors and at the expense of customers.

Whether it’s fair or not, this negative reputation of crypto is something honest crypto leaders and companies will have to overcome, and the best way to do that is by ensuring current customers know what’s going on with the assets they’ve invested and that potential investors clearly understand the potential the industry offers. Below, 15 members ofUse public ledgers and proof of reserves

Cryptocurrency-based companies, as well as Web2 and traditional businesses looking at moving their models to blockchain, should use public ledgers and proof of reserves coupled with regular internal and external financial audits that are made public. –

 

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El desarrollador lider de Syscoin, realSidhuJag, haciendo presencia.

Knowledge packed 👌

Good 🙏

Fantastic!💪❤️

Plus il y a la transparence plus il y a de la confiance

Jag from Syscoin is a great and smart advisor !!

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