XRPL is exploring a new way to bring privacy to tokenized RWAs.
The proposed XLS-0096 adds confidential transfers for Multi Purpose Tokens, helping keep sensitive balances and transfer amounts private while maintaining on chain verification.
Key figures:
โข 1 proposal: XLS-0096
โข 2 privacy tools: EC-ElGamal + ZK proofs
โข 3+ confidential actions: send, convert, merge and more
โข Supply rules remain verifiable on chain
For institutions moving real world assets on chain, combining privacy with transparency could become increasingly important.
#XRPL #RWA #CryptoNews๐๐ฐ๐ซ
#XRPLProposesConfidentialRWATransfers
$RWA
The proposed XLS-0096 adds confidential transfers for Multi Purpose Tokens, helping keep sensitive balances and transfer amounts private while maintaining on chain verification.
Key figures:
โข 1 proposal: XLS-0096
โข 2 privacy tools: EC-ElGamal + ZK proofs
โข 3+ confidential actions: send, convert, merge and more
โข Supply rules remain verifiable on chain
For institutions moving real world assets on chain, combining privacy with transparency could become increasingly important.
#XRPL #RWA #CryptoNews๐๐ฐ๐ซ
#XRPLProposesConfidentialRWATransfers
$RWA
