PANews April 22 news, according to Decrypt, OP Labs announced the launch of the privacy product Privacy Boost, first deployed on the OP mainnet (formerly Optimism), aimed at attracting more enterprises into the Ethereum ecosystem. This product serves as a software development kit and API interface, supporting private transfers and cautious interactions with DeFi applications, while meeting regulatory requirements. Privacy Boost supports self-custody through zero-knowledge proofs and enables rapid private transactions using trusted execution environments, customizable according to corporate KYC rules and auditing requirements.

The co-founder of OP Labs stated that compliance issues have always hindered traditional financial institutions from going on-chain, and privacy is not an optional feature but a prerequisite for mainstream adoption. Privacy Boost is expected to expand to more blockchains in the coming weeks.

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