Taurus and Aztec Introduce Confidential Token Standard for Finance
- Taurus SA and the Aztec Foundation have launched an open-source confidential token standard for debt and equity.
- The new standard utilizes zero-knowledge proofs to maintain privacy on public blockchains.
- Backed by Deutsche Bank, Credit Suisse, and StateStreet, Taurus aims to bridge traditional finance with blockchain technology.
- The code is written in the Noir programming language and is available on GitHub.
- This development addresses privacy concerns crucial for institutional blockchain adoption.
The collaboration between Taurus SA and the Aztec Foundation introduces a private CMTAT security token standard using zero-knowledge proofs, enhancing privacy for financial institutions on blockchains. The code is accessible on GitHub.
Source (2.6)https://cryptobriefing.com/confidential-token-standard-banks/?rand=59535