Solana (SOL) Foundation: "Tailored privacy protections needed to expand enterprise adoption"

Source
JH Kim

Summary

  • The Solana (SOL) Foundation said it believes a flexible privacy framework is needed to expand blockchain adoption among enterprises.
  • The foundation said Solana’s high throughput supports regulatory compliance and enables advanced privacy technologies such as zero-knowledge proofs (ZKPs).
  • The foundation said a tailored approach—allowing a choice among pseudonymity, confidentiality, anonymity and fully private systems—points to a path that can meet both compliance and data-protection requirements in enterprise environments.

The Solana (SOL) Foundation stressed that a more flexible privacy framework is needed to broaden blockchain adoption among enterprises.

According to cryptocurrency news outlet CoinDesk on the 23rd (local time), the foundation said in a report that "the next phase of crypto adoption depends not merely on ensuring transparency, but on giving companies the authority to decide what information to disclose and to whom."

It added that "Solana’s high throughput supports regulatory compliance while enabling the implementation of advanced privacy technologies such as zero-knowledge proofs (ZKPs)."

The foundation also proposed a tailored approach that allows organizations to choose among different levels of protection—pseudonymity, confidentiality, anonymity, and fully private systems—rather than relying on a single privacy model.

The proposal is seen as laying out a direction for simultaneously meeting compliance and data-protection requirements in enterprise settings.

Photo = Shutterstock
Photo = Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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