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Australian Banks Get Crypto Superpower: How One Company Will Let You Secretly Control Your Money With Blockchain

A stylized illustration depicting an ANZ Bank vault with blockchain networks and encrypted data swirling around it, surrounded by a cityscape at sunset, conveying the theme of secure financial dealings.

ANOTHER institution joins the ‘we’re going to use blockchain for financial stuff, but let’s keep it super secret’ club. Because who needs transparency and accountability when you can have Australian banks playing with crypto? Chainlink thinks they’ve found a way to make institutions like ANZ Bank do their thing without totally blowing the whole GDPR party popper.

Source: cointelegraph

Chainlink, an Ethereum-based decentralized blockchain oracle network, has launched new technology to help financial institutions maintain data privacy while transacting across blockchain networks. On Oct. 22, Chainlink introduced two new privacy-preserving capabilities targeting financial institutions that want to use blockchain applications while ensuring complete end-to-end privacy. The newly launched privacy features include the Blockchain Privacy Manager, which enables private chain integration with the public Chainlink Platform, and an encryption protocol […]

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