**News Flash: Privacy Tech Boosts Institutional Blockchain Adoption**

Institutions are wary of diving into Web3 due to the transparency of public blockchains, fearing risks like theft and scams. Avidan Abitbol from the Data Ownership Protocol suggests zero-knowledge tech as a solution, allowing selective disclosure to protect sensitive data.

Blockchain transparency can also lead to market manipulation, as traders might exploit institutional holdings to influence asset prices. Privacy isn't just a corporate concern; it impacts sectors like healthcare, where confidentiality is crucial.

In response, Chainlink has launched privacy tools for institutions, with ANZ Bank among the first to test these features for secure transactions. Enhanced privacy could mitigate issues like maximal extractable value (MEV), where miners exploit transaction visibility for profit.