A Proof-of-Reserves attestation is a procedure whereby an independent public accountant reviews Ledn's client asset balances, as well as its lending, and custodial balances at a point in time, independent of Ledn's management, to ensure that the company is properly accounting for client assets.
The power of the Proof-of-Reserves periodic report goes deeper than just demonstrating total assets versus total liabilities; it allows each individual client to get individual account level detail.