PANews reported on October 28 that according to Circle's official blog, Inco Network and Circle Research jointly released a white paper and launched the "Confidential ERC-20" framework to provide a compliant privacy solution for public chains. The framework can convert standard ERC-20 tokens into privacy-protected versions, hiding account balances and transaction amounts through fully homomorphic encryption (FHE) technology, providing users with privacy protection while ensuring compliance.
The main features of the Confidential ERC-20 framework include: encrypted balances and transfer amounts, authorized view permissions, programmable transmission rules, etc., which are suitable for scenarios such as supply chain payments, salary distribution and peer-to-peer payments.
