Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level
Analyst predicts Bitcoin won't bottom until it hits EMA 300 level.
NewsBTC1 min read
XRP Ledger taps Boundless for bank-grade privacy on public blockchains
TL;DR
The XRP Ledger has partnered with Boundless to implement bank-grade privacy features, allowing confidential transactions for banks and asset managers. This integration aims to facilitate sensitive institutional use cases while maintaining regulatory compliance.
Key points
- XRP Ledger partners with Boundless for privacy features
- Integration allows confidential transactions for banks
- Zero-knowledge technology shields transaction details
- Supports sensitive institutional use cases
- Addresses barriers to institutional adoption of public blockchains
XRP LedgerBoundlessShiv ShankarRipple
The XRP Ledger (XRPL) used by blockchain payments company Ripple has tapped Boundless, a zero-knowledge infrastructure provider, to let banks and asset managers execute confidential yet compliant transactions directly on the network, according to a Tuesday release shared with Cointelegraph.
Boundless chief executive Shiv Shankar told Cointelegraph the design aims to shield details like transaction size, frequency and counterparties from public view, while still allowing regulators to audit activity via selective disclosure and role-based access controls.
Boundless’ integration is meant to enable a range of institutional use cases that have historically been challenging to run on fully transparent ledgers. Those include cross-border business-to-business payments, treasury and capital management, over-the-counter positions, tokenized asset issuance and decentralized exchange or lending activity, where order flow and positions are highly sensitive, according to Shankar.
For public blockchains, that trade-off between transparency and confidentiality has become a central barrier to institutional adoption, as banks and asset managers seek to protect trading strategies and client activity without falling out of step with regulatory oversight.
The move positions XRPL in an increasingly competitive race to deliver bank-grade privacy on public blockchains, as institutions push to avoid what Shankar described as the “transparency tax” of fully visible onchain activity.
Privacy race expands across ZK and FHE approaches
In March, cryptography company Zama integrated its fully homomorphic encryption (FHE) stack with institutional tokenization platform T-REX, pitching its technology as a confidentiality layer for ERC-3643 securities (tokenized financial instruments that embed compliance rules into the token standard) on upcoming T-REX public networks.
Related:Moody’s brings credit ratings onchain with Canton Network integration
Other projects are betting on different flavors of zero-knowledge technology, including zkSync’s Prividium environment, which aims to anchor private institutional execution to Ethereum via ZK proofs while keeping raw transaction data off public view.
Q&A
What is the purpose of Boundless' integration with the XRP Ledger?
Boundless' integration with the XRP Ledger aims to enable confidential transactions for banks and asset managers while ensuring compliance with regulatory oversight.
How does the XRP Ledger ensure privacy for institutional transactions?
The XRP Ledger ensures privacy through zero-knowledge technology, which shields transaction details from public view while allowing selective disclosure for regulators.
What institutional use cases can benefit from the XRP Ledger's new privacy features?
The new privacy features can benefit cross-border payments, treasury management, over-the-counter positions, and tokenized asset issuance, among others.
