TechFlow News: On March 24, according to CoinDesk, the Solana Foundation released a report titled “Privacy on Solana: A Full-Spectrum Solution for Modern Enterprises,” proposing privacy as a customizable feature to drive institutional adoption.
The report defines privacy as a spectrum comprising four modes: pseudonymity (public transaction data, hidden identities), confidentiality (known participants, encrypted sensitive data), anonymity (hidden identities, visible transaction data), and full-privacy systems (both identities and transaction data fully shielded via zero-knowledge proofs, multi-party computation, and other technologies).
The report notes that Solana’s high throughput and low latency make advanced privacy technologies—such as zero-knowledge proofs—practically viable, enabling use cases like encrypted order books and private credit risk calculations. On the compliance front, the report introduces an “audit key” mechanism, allowing designated parties to decrypt transaction records when necessary; it also supports wallets proving compliance status without revealing identity, thereby meeting anti-money laundering (AML) regulatory requirements.
