Chainlink introduces CCIP private transactions for financial institutions

#Chainlink unveils #CCIP private transactions, allowing financial institutions to link private blockchains to the multi-chain economy. The blockchain privacy manager enables institutions to link their private blockchain networks with existing systems, like traditional enterprise backends, while limiting on-chain data exposure. This feature allows private chains to connect with the public Chainlink platform, granting access to essential off-chain data like Proof of Reserve (PoR), Net Asset Value (NAV), market prices and identity information without revealing sensitive private chain data to third parties.

Australia and New Zealand Banking Group will be one of the first financial institutions to pilot cross-chain settlement of tokenized real-world assets under MAS's Project Guardian initiative.

👉 blog.chain.link/ccip-private-transactions-blockchain-privacy-manager/