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[Music] thank you welcome to NASDAQ trade talks Im Jill malandrino Global markets reporter at NASDAQ joining us for this segment we have Sergey nazarev the co-founder of chain link the industry standard web 3 Services platform that has enabled trillions of dollars in transaction volume across defy Insurance gaming nfts and other major industries as the leading decentralized Oracle Network chain link enables developers to build feature-rich web3 applications with seamless access to real world data and off-train computation across any blockchain provides Global Enterprises with a universal gateway to all blockchains Sergey is great to see you as always welcome back to trade talks good to see you thank you for for having me you got it in the recent FTX dramas unfolding in a way that may harm the entire crypto industry what could have helped avoid this what is proof of reserves and what role could proof of reserves have played in solving this problem sure so so this problem is not actuall