Proof of Reserve
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X @BSCN
BSCN· 2025-07-30 13:15
Key Developments - Misyon Bank adopts Chainlink standard on AVAX to power onchain data feeds and Proof of Reserve for tokenized assets [1][5] - This move introduces one of Turkey's first crypto asset platforms featuring cryptographically verifiable onchain data [2] - The integration empowers users to independently verify the reserves backing their digital assets and token price feeds [2] Strategic Implications - Misyon Crypto emphasizes the significance of this development for the security of digital assets and crypto investors in Turkey [3] - Chainlink Labs highlights Turkey's leadership in crypto adoption across Europe [3] - Cooperation between Misyon Bank and Chainlink Labs aims to elevate the transaction experience for Turkish crypto investors [4] - Misyon Bank is strategically deepening its footprint in the digital asset economy, while aligning with global standards [5]
X @Chainlink
Chainlink· 2025-07-30 12:00
Company Overview - Misyon Bank, a pioneering financial institution in Turkey, has adopted the Chainlink standard [1] - Misyon Bank is using Chainlink to enable onchain data feeds and reserve verification for its tokenized asset platform [1] Technology & Infrastructure - Misyon Bank leverages Chainlink Data Feeds and Proof of Reserve on Avalanche (AVAX) [1] - The infrastructure is powered by the Chainlink Runtime Environment (CRE) [1] Benefits - The adoption of Chainlink enhances transparency for Misyon Bank's users [1] - The verifiable infrastructure reinforces trust for its users [1]
X @Chainlink
Chainlink· 2025-07-24 00:07
Protocol Adoption - Falcon Finance, a synthetic dollar protocol, has adopted Chainlink CCIP & Proof of Reserve across BNBCHAIN and Ethereum [1] - This adoption enhances cross-chain interoperability and transparency for the protocol [1] Stablecoin Transferability - FalconStable's USDf, with a market cap of over $540 million, is now natively transferable cross-chain via the cross-chain (CCT) standard [1] Technology Implementation - Chainlink CCIP enables secure cross-chain interoperability [1] - Chainlink Proof of Reserve provides transparency into stablecoin backing [1]