NEAR launches cross-chain transaction privacy execution feature, Confidential Intents

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Mars Finance News: NEAR launches Confidential Intents, a built-in cross-chain transaction privacy execution feature within NEAR Intents designed to address the longstanding transparency issues in DeFi transactions. Confidential Intents create a restricted visibility execution environment using NEAR private sharding, making transaction details invisible during settlement. Users can freely switch between main accounts and confidential accounts within the application, enabling privacy modes for transfers, deposits, withdrawals, and other operations. The privacy feature for asset swaps is also upcoming. This functionality targets institutional capital, enterprise users, and advanced DeFi users, providing a cross-chain position privacy layer.

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