News and analysis on encrypted currencies, Blockchain and decentralized financing

Taurus , The global pioneer in the infrastructure of digital assets has announced the launch of an open source Privacy safety code To get stock and bonds, in cooperation with Aztec Foundation and Deutsche Bank.

This is a step forward for institutional decentralization. In this article, we see all the details.

Tauurus offers an open source safety privacy code: the importance of Deutsche Bank in the project

In the constantly advanced financial scene, privacy and security have become basic aspects of Blockchain adoption by institutions.

In response to this need, TAURUUS SA, a leading company in digital assets, announced the publication of a A new open source standard For the special symbol of financial tools.

The distinctive symbol was developed in cooperation with The Aztec Foundation. This initiative provides banks and financial institutions to issue symbolic issues of shares and bonds on public places BlockchainEnsure customer information confidential.

The smart contract developed by Tauus is designed to provide an accurate and detailed control component about who can display information related to the financial tools registered on the general Blockchains.

Everything happens Without prejudice to organizational compliance, A decisive aspect of the integration of decentralized technologies in the banking sector.

At the core of this innovation is the AZTEC network, a Layer-2 solution that uses Zk-PROBLARS to maintain the confidentiality of transactions. All this without sacrificing the typical programming of Blockchain.

This approach allows Maintaining the privacy of operations, With the provision of tracking and security required by the financial regulations.

An advanced solution depends on Noir and CMTAT

The code was written in Noir, Open source language with a rust -like sentence, specially designed to create applications on the basis of ZK resistance.

This new standard implements a special version of CMTAT, a safety code that guarantees protected and private transactions.

Thanks to this technology, banks and financial institutions can now take advantage of Blockchain for asset symbol without fear of exposing sensitive data.

In a context where Systems It is increasingly focused on privacy protection, Tauus offers a solution that combines Transparency and organizational compliance . This allows the financial sector to deal with decentralized technologies with increased security.

The opinion of the experts

JP aumassonThe chief security officer in Taurus stressed the importance of this innovation:

“The distinctive code for financial tools on general Blockchains provides unusual potential. Thanks to the special and compatible transfers, we block the gap between institutional needs and decentralized technologies. This project confirms Tauurus’s commitment to providing safe and advanced digital solutions.”

Arnoud Xink, Executive Director, DA Aztec Foundation, also highlighted the value of this cooperation:

“Privacy is an essential component of Blockchain’s accreditation widely by financial institutions. Special CMTAT is developed by Taurus is an important milestone, which indicates that it is possible to reconcile organizational needs and innovation on the chain. Aztec develops encryption tools to bring assets in the real world To General Blockchains since 2017, we are excited to see Tauus We benefit from the noir and Layer-2 capabilities.

To prove its commitment to a more transparent and safe financial ecosystem, Taurus It made the source code open available On GitHub for public access and testing.

This initiative not only enhances Blockchain’s dependence in the banking sector, but also an important step forward towards digitizing financial assets in a very safe, organized and innovative environment.