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Ethereum (ETH) news: EthSystems says privacy is the key to getting banks on public blockchains

Summary by Coin Desk
The startup, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions.

4 Articles

ChainCatcher reports that Ethereum co-founder Vitalik Buterin has published a new article introducing Diamond iO, a novel cryptographic obfuscation technology. This technology aims to address the extremely low efficiency of traditional indistinguishable obfuscation schemes, enabling programs to run while hiding their internal logic and critical data. While traditional iO technology offers strong privacy protection, its operational costs are proh…

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Coin Desk broke the news in New York, United States on Tuesday, July 28, 2026.
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