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Chainlink Launches Private Blockchain Transactions for Institutions

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By on October 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Chainlink Launches Private Blockchain Transactions for Institutions appeared first on Coinpedia Fintech News

Chainlink has launched CCIP Private Transactions, powered by its new Blockchain Privacy Manager, allowing financial institutions to connect private chains while ensuring regulatory compliance securely. This innovation addresses confidentiality and compliance hurdles, promoting broader institutional blockchain adoption. Australia’s ANZ bank will pilot this capability for cross-chain settlement of tokenized real-world assets under Singapore’s Project Guardian initiative. Chainlink’s solution paves the way for institutions to confidently engage with blockchain technology on a larger scale by ensuring end-to-end privacy and data security.

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