Solana Foundation Introduces Privacy Model for Institutional Users

Solana Foundation has developed a comprehensive report on its new approach to privacy for institutional users. The organization argues that public blockchains often rely too heavily on pseudonymity, which may not be sufficient for businesses and financial institutions.

The Solana Foundation's report proposes four levels of privacy: pseudonymity, confidentiality, anonymity, and full privacy. These levels allow companies to tailor their approach to data disclosure based on their specific needs. For example, a company could execute transactions without revealing amounts while still proving regulatory compliance.