The Solana Foundation has introduced a new report, “Privacy on Solana,” outlining a flexible privacy framework designed to support institutional adoption of blockchain technology.

In the report, the foundation suggests that the next wave of crypto applications will move beyond full transparency and instead focus on customizable privacy allowing users and organizations to choose how much information they share.

To support this vision, four privacy models are proposed: pseudonymity, confidentiality, anonymity, and fully private systems. Each model offers a different level of data protection, giving developers and institutions the ability to tailor privacy according to their specific needs.

The report also emphasizes that Solana’s $SOL high speed and low transaction costs make it well-suited for advanced privacy technologies like zero-knowledge proofs. These tools can help secure sensitive transaction data while still meeting regulatory requirements, using features such as selective disclosure, audit keys, and compliance proofs.
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Overall, the framework aims to strike a balance between privacy and compliance making blockchain technology more practical and appealing for institutional use.
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