Binance’s CEO CZ talks about importance of user protection in web3 during B20 Summit in Bali - BusinessMirror

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Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, makes a presence at the Business 20 (B20) Summit in Bali, Indonesia with the exchange’s CEO Changpeng “CZ” Zhao as one of the invited speakers. Know more:

, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, makes a presence at the Business 20 Summit in Bali, Indonesia with the exchange’s CEO Changpeng “CZ” Zhao as one of the invited speakers.

The B20 Summit Indonesia 2022 is part of the G20 Summit, where leaders from all over the world come together to share their expertise on international business challenges and future growth initiatives. The theme of the B20 is “Recover Together, Recover Stronger.CZ was among a select group of global leaders who discussed the future of web3 technology and the importance of building the global tech landscape and talent field.

”. Binance, the cryptocurrency exchange founded and led by CZ, employs stringent measures regarding user protection with one of the prime examples being the SAFU or Secure Asset Fund for Users initiative. Additional measures also include a comprehensive KYC or Know Your Customer process as well as their ongoing cooperation and collaboration with international law enforcement and anti-crime organizations to detect cybercrime and protect Binance users.

Together with CZ, the B20 Summit is also attended by representatives from the G20 countries and other leaders from the business community. These leaders include Jeff Bezos , Mark Tucker , Euisun Chung , Febriany Eddy , and Mohammed Y. Al Qahtani .We hope industry players can cooperate to gather opinions and set strong standards.

As B20 is the official dialogue forum for the business community to communicate and share their aspirations with the G20 governments, more than 60 business leaders including Jeff Bezos , Mark Tucker , Euisun Chung , Febriany Eddy , and Mohammed Y. Al Qahtani attended.

 

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