Foresight News reported on the spot that in the "CeFi Future, Start Now" dialogue in the main venue of the "2023 Hong Kong Web3 Carnival", about how the host Deng Chao (CEO of HashKey Capital) prevents CeFi infrastructure failures, the founder of Binance Ren Zhao Changpeng said that CeFi can also be very transparent, such as the recent proof of reserves, which can be more transparent than traditional financial service providers, and users have more control over assets. In terms of CeFi trust, Zhao Changpeng said that when it comes to CeFi trust, there are three levels. The first level is the dependence on technology, the second level is for the service or business of the platform, which can realize trust over time, and the third level is the dependence on technology. The first layer is risk management education.