Proof-of-Reserve (PoR)
Definition of what Proof-of-Reserve (PoR) stands for (in finance):
A transparency mechanism used by cryptocurrency exchanges to prove they hold sufficient assets.
More Term Definitions
- First-Stage Financing Definition
- Blockchain 3.0 Definition
- Small And Medium-Sized Enterprise (SME) Definition
- Electronic Banking Internet Communication Standard (EBICS) Definition
- Enterprise Architecture (EA) Definition
