PANews reported on August 7 that Mind Network officially launched the new protocol Encrypted Messaging Onchain, aiming to provide 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, enables end-to-end encryption, and allows users to attach structured, encrypted, and verifiable messages to any transaction, meeting compliance needs for purposes, identities, audits, and other information in financial activities. Its mechanism is similar to 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. The official statement indicates that there is currently a lack of such encrypted messaging standards for RWA in the blockchain field, 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.