CoinWorld news, August 7 (UTC+8), according to official sources, Mind Network officially launched the new protocol Encrypted Messaging Onchain, aimed at providing native compliance, privacy, and communication capabilities for real-world asset (RWA) scenarios such as real estate, stablecoin settlement, and cross-border payments. This solution supports automatic key generation for wallets, enabling end-to-end encryption, and allows users to attach structured, encrypted, and verifiable messages to any transaction, meeting compliance requirements for usage, identity, auditing, and other information in financial activities. Its mechanism is similar to the standard messaging systems in traditional finance and cross-border trade. Encrypted Messaging Onchain combines fully homomorphic encryption (FHE) with traditional cryptographic techniques to ensure that sensitive data can only be read by authorized parties. Officials stated that there is currently a lack of encrypted messaging standards for RWAs in the blockchain space, and this protocol is expected to become an important part of building the 'on-chain SWIFT' infrastructure, promoting the compliance process of the crypto ecosystem. (Source: BlockBeats)

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