NEAR Protocol has launched Confidential Intents, a new feature that allows developers to integrate confidential execution capabilities into their applications. This development enables decentralized applications (dApps) to offer users confidential transaction features through the NEAR Intents 1Click Swap API. Unlike traditional methods, Confidential Intents employs encryption without requiring client-side proofs, simplifying the integration process by only needing one additional parameter.
Since its introduction, over $1.5 billion worth of ZEC has been settled using NEAR Intents, with 42% of near.com's trading volume utilizing the confidential mode shortly after its launch. The daily total value locked (TVL) in confidential transactions has surpassed $30 million, highlighting the growing adoption of privacy-focused solutions on the NEAR platform.
NEAR Protocol Unveils Confidential Intents for Enhanced Privacy
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