Monad Private Settlement aims to keep bank deals private on a public chain
@category_xyz has published the white paper for Monad Private Settlement, which gives banks and companies private spaces on
@monad ($MON). Transactions are encrypted and put in order on the public Monad chain, then run by operators each space picks, so balances and trades stay hidden from outsiders.
Contracts in different private spaces can still send messages to each other and to the public chain, letting them share liquidity instead of splitting it across closed networks. Owners decide who can read their data, such as auditors or regulators, and the setup runs on smart contracts without changing Monad.