Chainlink has launched its CCIP Private Transactions protocol, allowing financial institutions to conduct secure and confidential transactions across various blockchain networks. The Australia and New Zealand Banking Group (ANZ) will be among the first to pilot this capability for settling tokenized real-world assets as part of Singapore's Project Guardian initiative. This protocol ensures privacy for private chain to private chain transactions and limits data exposure for private chain to public chain transactions. It enables institutional users to set privacy conditions that keep transaction data confidential, allowing authorized parties to access necessary data for compliance. Sergey Nazarov, co-founder of Chainlink, emphasized the importance of privacy for institutional transactions and expressed optimism about increased institutional adoption of blockchain technologies following the introduction of this protocol.

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