Merkle tree

It is reported that Zhao Changpeng, the founder of Coin Security, tweeted that since banks are audited, a bold idea is that perhaps banks should use merkle tree to prove reserves? Some, even if not 100%, we should know some, right? Interpretation of this information: The message implies that Zhao Changpeng, the founder of Coin Security, has suggested that banks should use merkle tree to prove their reserves. The basis of this idea is that banks are audited, and using merkle trees could potentially provide more transparency for the public….