The Solana Foundation introduces a new privacy framework for institutions.

CoinFeed reported on March 24th, citing CoinDesk, that the Solana Foundation released a report titled "Privacy on Solana: A Comprehensive Approach for Modern Enterprises," arguing that enterprise adoption requires flexible privacy controls and positioning privacy as a customizable feature rather than a trade-off. The report believes the next phase of crypto adoption will depend more on giving enterprises control over who and what information is disclosed, rather than solely relying on transparency. The Solana Foundation proposes four different models of privacy: pseudonymization, confidentiality, anonymity, and fully private systems. Pseudonymization hides identity while making transaction data visible; confidentiality allows participants to be known but encrypts sensitive information; anonymity hides participant identities but makes transaction data visible; and fully private systems use technologies such as zero-knowledge proofs and multi-party computability to simultaneously shield identity and transaction data.