BenFen Blockchain has launched its native privacy payment feature following the v1.24.2 mainnet upgrade. This new feature offers end-to-end encryption for account details, balances, and transaction paths, ensuring data confidentiality while maintaining on-chain verifiability. Developed in collaboration with State Labs, the solution employs Move VM, MPC, and TSS technologies for distributed signing and authorization without exposing private keys.
The privacy functionality is integrated into the BenPay application, enabling users to create privacy wallets and convert stablecoins into privacy coins for secure transactions. This development marks a significant enhancement in privacy and security for BenFen's blockchain ecosystem.
BenFen Blockchain Unveils Privacy Payment Feature Post-Mainnet Upgrade
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