The digital assets industry's recent events have hurt sentiment.
The last two weeks' disaster was caused by CEXs' lack of transparency.
Many industry players requested a proof-of-reserve from CEXs to prevent future incidents.
Few exchanges have published their wallets and assets since then to regain customer trust.
After FTX's collapse, many crypto players advocate decentralisation.
This blockchain-enabled user-led movement helps build inclusive digital products.
Public smart-contracts manage locked capital and treasury for DeFi protocols.