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XRPL is integrating Boundless\u2019 zero-knowledge tech into its base layer, stepping into the race to offer banks confidential onchain transactions without losing regulatory visibility.<\/p>\n
The XRP Ledger (XRPL) used by blockchain payments company Ripple has tapp<\/a>ed 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.<\/p>\n 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.<\/p>\n Boundless\u2019 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.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n