XRP Ledger Advances Confidential Token Standard for Banks

TLDR The XRP Ledger developer committee has proposed the Confidential MPT standard under XLS-0096 to enable private issued token transfers. The draft integrates EC-ElGamal encryption and zero-knowledge proofs to hide balances and transaction amounts. Validators can still verify that OutstandingAmount does not exceed MaxAmount without decrypting confidential balances. Issuers retain full control, including the ability [...]

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