Solana Foundation Pitches Enterprise Privacy Framework With Four Configurable Modes
The plan pitches compliance-friendly controls to lure regulated firms to build on the network.
Overview
- The Solana Foundation, which published its “Privacy on Solana” report Monday, set out a configurable approach that targets banks, payroll processors, and other enterprise users.
- The model defines four modes: pseudonymity, confidentiality, anonymity, and fully private systems so firms can choose how much identity and transaction data to reveal.
- The framework lets companies mix tools on one chain, such as hiding amounts, restricting who can read certain fields, or using zero-knowledge proofs that show a rule was met without revealing the underlying data, with examples like private payroll and interbank risk sharing.
- Compliance features are proposed, including auditor keys that allow designated reviewers to decrypt transactions when required and proofs that a wallet meets checks without naming the owner.
- The foundation claims Solana’s throughput can run heavy privacy methods at near‑web speed for uses like encrypted order books and private credit scoring, though the report lists no live rollouts or confirmed partnerships yet.