Binance: Multiple Product Releases to Improve Transparency Coming in 2023

  • Binance CEO and Product Head join for interview session to discuss product potentials for 2023 and answer community queries.
Binance AMA with CZ and Product Head

Binance is set to make transparency via excellent merchandise a primary focus for 2023, in accordance to a latest AMA session with Binance CEO Changpeng Zhao and the Head of Product, Mayur Kamat.

The two leaders joined for a Binance Live session on January 24 which was additionally posted as an interview blog on January 27. The Binance Live has accumulated nearly 50,000 views so far. The AMA offers insight into where the two leaders at the world’s biggest exchange are hoping to push the company.

Taking cue from the main events in 2022, Binance will be working to enhance the transparency between its property and the crypto community whilst offering excellent products to facilitate easier adoption. Through trust and excellent products, the two leaders hope to hold Binance’s success into 2023

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“Look, there’s no adoption without products. You can have a great technology or concept, but you’ve got to have people using products,” says Changpeng (CZ) Zhao. And when people use products, they don’t think of them as products. They just use a tool to help them solve a problem.”

Zhao and Kamat also answered questions from the Binance Community regarding the Binance Card, metaverse growth, and more.

Notable, when asked about Binance’s next big product, the two focused on efforts to maintain transparency and make it easier for the community to follow the exchange’s actions. Binance will also work to build out Decentralized Finance (DeFi) adoption.

“Binance’s next big products aim to solve the aforementioned trust and transparency issues,” writes the blog. “There will be multiple product releases around Binance’s Proof of Reserves and Proof of Solvency to provide more transparency and a roadmap to be released publicly. “

Source: BSC News