Polymesh, a permissioned blockchain for compliant asset markets, launches Confidential Assets on DevNet, adding privacy-focused payment tools for regulated real-world assets.
This update enables financial institutions to settle transactions on-chain while maintaining audit access and keeping sensitive data such as positions, amounts transferred, and counterparty details private.
Sensitive Assets is built on P-DART, a privacy protocol developed by researchers at the University of Edinburgh and Polymesh Labs. Polymesh Labs is the core development team for the network. The protocol encrypts transaction data such as IDs, balances, and asset identifiers while supporting verifiable final settlement. Issuers can designate auditors who can decrypt transaction activity for compliance, legal review, or operational checks.
The DevNet release provides a testing environment for developers, custodians, and tokenization platforms to explore sensitive payment flows. This feature is currently available for experimentation ahead of future testnet and mainnet deployments.
Image: Freepik
