The Base layer-2 blockchain network launched infrastructure for confidential transactions designed for financial institutions and corporate users. The solution enables on-chain payments, settlements, and transfers while preserving data confidentiality and meeting regulatory requirements.
The Base team announced the launch of Base Privacy, a new suite of infrastructure solutions for confidential corporate transactions built on Base Ledgers. The service allows companies to create private payment environments connected to the Base blockchain network.
Base Ledgers enables final settlement on Base while keeping information about balances, transfers, and transactions hidden from public blockchain explorers. Deposit transactions conceal the recipient of funds, while withdrawals conceal the sender, making it more difficult to link transactions within the public blockchain network. The technology doesn’t guarantee anonymity and is designed to reduce the amount of publicly visible transaction data rather than completely conceal information.
According to the project, the infrastructure is intended for a wide range of enterprise use cases, including:
- B2B payments;
- payroll processing;
- corporate treasury management;
- stablecoin issuance;
- cross-border transfers;
- brokerage settlements.
Companies can configure their own KYC and compliance procedures while maintaining control over their operating environment. The service is currently available in early access, and the availability of certain features will depend on regulatory requirements and the region of use.
Recently, the Base team also introduced the Base MCP protocol, which enables users to manage on-chain operations through text commands in ChatGPT, Claude, and other AI interfaces.
