Kaleido’s Enterprise Clients Can Now Transfer Tokens In Complete Privacy
Enterprise blockchain firms using Kaleido's platform will now be able to transact privately with one another.
Concordium, whose CEO is a Volvo board member, is looking to shake up the seemingly glacial world of enterprise blockchain.
Lowering the costs of private transactions in this way makes the public ethereum blockchain more competitive with private chains, EY says.
The firms will leverage privacy enhancing zero-knowledge proof technology to enable institutional trading firms to cross margin and bilaterally trade derivatives from a single pool of collateral.
Samsung SDS, the enterprise tech arm of the South Korean behemoth, is enhancing privacy on its Nexledger blockchain with zero-knowledge proofs.
"Enterprises will not go on to the public mainnet without privacy and security," EY's Paul Brody told CoinDesk.