Chainlink Introduces Privacy Protocol for Financial Institutions in Partnership with ANZ and Singapore's Project Guardian
Chainlink has launched a new protocol that ensures privacy for financial institutions, allowing them to conduct secure and confidential transactions across different blockchain networks. ANZ will test this privacy feature for settling tokenized real-world assets as part of Singapore's Project Guardian, demonstrating the practical application of Chainlink's technology in the banking sector. Chainlink's CCIP Private Transactions protocol, a privacy-preserving tool, was released on Tuesday, enabling financial institutions to maintain confidentiality and regulatory compliance when transacting across blockchain networks.
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