Chainlink launches private blockchain transactions for institutions

ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian.

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Chainlink, an Ethereum-based decentralized blockchain oracle network, has launched new technology to help financial institutions maintain data privacy while transacting across blockchain networks.

On Oct. 22, Chainlink introduced two new privacy-preserving capabilities targeting financial institutions that want to use blockchain applications while ensuring complete end-to-end privacy.

The newly launched privacy features include the Blockchain Privacy Manager, which enables private chain integration with the public Chainlink Platform and an encryption protocol called CCIP Private Transactions.

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