Avalanche, a prominent blockchain ecosystem, has introduced eERC (Encrypted ERC) through AvaCloud to enhance on-chain privacy for transactions in both permissioned and permissionless blockchains.
eERC protocol on Avalanche offers privacy features using cutting-edge cryptography while ensuring compliance and auditability, catering to DeFi, institutional finance, and enterprise blockchain solutions.
EVM-compatible eERC tokens on Avalanche provide confidentiality for token balances and transaction details, enabling privacy in DeFi, institutional finance, and enterprise sectors without performance drawbacks.
The introduction of eERC on Avalanche by AvaCloud paves the way for applications in various sectors like tokenized Real World Asset (RWA) trading, enterprise collaboration, and healthcare, with enhanced privacy features coupled with auditability.