Sui to Launch Confidential Transactions This Year, Eyes Broader Use of Privacy-First Free Payments
Suehyeon Lee
Summary
- Sui said it plans to introduce a confidential transaction feature this year.
- Sui's co-founder and CPO said the feature could enable the broader internet to use free payments at scale with privacy as a baseline.
- SUI was trading at $1.3318 on Binance's USDT market, up 24.64%% from a day earlier.
Forecast Trend Report by Period
Sui said it plans to introduce a confidential transaction feature this year.
Adeniyi Abiodun, Sui's co-founder and chief product officer, said on May 10 that the network will launch the privacy-focused transaction feature within the year.
The feature could allow the broader internet to use privacy-first free payments at scale on Sui, he added.
SUI was trading at $1.3318 on Binance's USDT market, up 24.64% from a day earlier.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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