Odaily Planet Daily News According to official news, the Chainlink platform has announced the launch of two new privacy protection features and updates to existing functions, enabling financial institutions to maintain data confidentiality, data integrity, and support regulatory compliance during cross-chain economic transactions. Among these, the Blockchain Privacy Manager allows institutions to integrate their private blockchain networks with existing systems (such as traditional enterprise backends) while limiting on-chain data exposure. This feature enables private chains to integrate with public chain platforms, providing access to key off-chain data, such as Proof of Reserves (PoR), Net Asset Value (NAV), market prices, and identity data, without exposing sensitive private chain data to third parties. Institutions can also leverage the public CCIP network to connect their private blockchain to other public or private chains, while only displaying on-chain information necessary to process each transaction as chosen by the institution. Using the Blockchain Privacy Manager, CCIP Private Transactions utilize a novel on-chain encryption/decryption protocol, allowing institutions to transact across multiple private blockchains using the public CCIP network while keeping transaction details completely confidential. End-to-end encryption can prevent Chainlink node operators or other third parties from accessing sensitive content of the institution's cross-chain transactions, including token amounts, sender/receiver addresses, and data instructions. The encryption keys are generated and held by institutional users, who can selectively share them with their chosen authorized parties, such as counterparties, compliance auditors, or financial regulators. Chainlink's new privacy protection features have already been utilized by major financial institutions for cross-chain settlement of tokenized assets and complement Chainlink's existing privacy protection features, including DECO - a ZK-oracle technology for verifying network data in a privacy-preserving manner. In the near future, the team plans to support public access to the DECO sandbox, providing pre-configured use cases to showcase DECO's privacy protection capabilities.