TechFlow reports, citing Crypto Briefing, that Taurus SA, a digital asset infrastructure provider backed by Deutsche Bank, Credit Suisse, and State Street, has partnered with the Aztec Foundation to launch an open-source privacy token standard for debt and equity. Built on Aztec's zero-knowledge proof technology, the standard ensures client privacy while enabling public blockchain transaction verification.
According to JP Aumasson, Chief Security Officer at Taurus, the new standard is developed using the Noir programming language and represents a privacy-enhanced implementation of the CMTA Token (CMTAT) security token standard, capable of concealing sensitive information such as ownership and transaction details. The solution has been open-sourced on GitHub, aiming to drive broader adoption of blockchain technology within traditional financial institutions.
