EthSystems has launched to develop privacy infrastructure for institutional use on the Ethereum network after spinning out of the Ethereum Foundation’s Institutional Privacy Task Force. The project is backed by Bitmine, SharpLink, and Ethereum co-founder Joe Lubin. It aims to enable selective disclosure, allowing institutions to use blockchain-based assets such as stablecoins, bonds and settlements while keeping sensitive transaction details private. The initiative will now move from open-source research to active development.
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