VerifiedX has launched Prism, a new privacy layer designed to enhance transaction confidentiality on its network. Prism introduces encrypted balances and confidential transfers, supporting private transactions for vBTC, a fully collateralized native Bitcoin, and the native token VFX. Key features include private addresses, shielded-to-shielded transfers, and the ability to toggle between transparent and private states. Users can also utilize viewing keys for selective disclosure, ensuring counterparties, amounts, and activity patterns remain private while maintaining onchain verifiability and auditability.
VerifiedX Launches Prism Privacy Layer for Enhanced Transaction Confidentiality
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