Swiss blockchain infrastructure provider Vrishabh has announced a new confidential token standard for institutions.
Vrishabh, a Swiss digital asset infrastructure provider supported by Dutush Bank and Credit Suisse, introduced the customer confidentiality and offers an open-source confidential token standard for financial institutions to tokens financial assets on public blockchain while maintaining customer confidentiality Has done
Smart contracts have been issued in collaboration with Aztec Foundation to control those who can see information about the property of tokens without compromising, in a press release shared with Crypto by the Swiss firm in a press release Said.
Tech blockchain uses layer -2 protocols and zero -knowledge evidences of Aztec Network to keep transactions private. The code written in NOIR also applies an open-source language for zero-knowledge apps, a private version of CMTAT security tokens.
“This is a major concern for privacy and regulatory alignment in the public blockchain environment, without endangering compliance.”
Taurus
Taurus Chief Security Officer JP Omasone, who led the development of the initiative, says that it “unlocks the immense capacity” to the financial instruments on public blockchain as it “unlocks” the gap between “institutional needs and decentralized technologies” Cuts The open-source code is now available on GITHUB for testing and public access.
In mid-February, Taurus launched his enterprise-grade detention and toknerization platform, Vrishabh-Capital on Solan Blockchain.
This step allows banks and financial institutions to manage, manage and release digital representation of real -world assets such as stocks, bonds or real estates on Solana. As Crypto.NuS had previously reported, platforms integrates the Taurus-plant for the release of the platform program-based assets and the safe storage and stating of the Taurus-Capital.
