Question

What is a confidential asset?

Answer 1

A confidential asset is a type of blockchain technology that allows for the secure and private transfer of digital assets without revealing sensitive information such as the asset type or transaction amount to unauthorized parties. This technology ensures the confidentiality and privacy of transactions on the blockchain network.

Answer 2

A confidential asset is a tool in blockchain technology that allows for the creation of assets that are hidden from public view. This means that transactions involving these assets can be made privately, without revealing details such as the asset type, amount, or sender/receiver identities to the public. This feature enhances privacy and confidentiality in blockchain transactions.