Elusiv, a privacy protocol, has launched a private token swap tool for Solana. The platform allows users to trade assets without revealing personal information. It encrypts the user’s public key and generates a temporary key to obscure trading habits. Elusiv aims to make decentralized finance (DeFi) fair for all users and push the Web3 space forward in terms of self-sovereignty and data ownership. The platform uses cryptographic schemes like zk-SNARKs for privacy guarantees. Elusiv is considering expanding to other ecosystems beyond Solana. The team is engaged with the European Crypto Initiative’s efforts to develop fair regulations.
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