ME News reports that on June 11 (UTC+8), Circle plans to launch Arc Privacy, a confidential smart contract engine designed to address barriers to institutional adoption caused by the default full transparency of blockchains through “opt-in privacy.” Arc Privacy will enable users and developers to selectively mask sensitive information in transactions and smart contracts based on actual needs, rather than forcing all data to be public, while preserving authorized access for compliance, auditing, and governance to achieve a balance between privacy and auditability. The engine supports the EVM environment and emphasizes composability, allowing developers to build multi-step private application workflows within the Ethereum ecosystem. The article highlights several real-world business use cases, including private salary disbursement, treasury fund transfers, tokenized asset management, confidential perpetual contract trading, and private lending. (Source: ChainCatcher)
Circle to Launch Arc Privacy for Selective Privacy in On-Chain Finance
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Summary
Circle is launching Arc Privacy, a new tool for selective privacy in on-chain data. The engine enables users to conceal sensitive information in transactions and smart contracts while maintaining access for compliance and governance. It operates on EVM environments and supports private workflows on Ethereum. Use cases include private salary distribution, treasury transfers, tokenized asset management, confidential trading, and private lending. This token launch signifies a step forward in institutional adoption of blockchain finance.
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