2026-01-20 23:22:14

Institutions say they embrace Web3, but when it comes to asset onboarding, they start to hesitate—basically fearing that data transparency might be too high. This pain point has become especially prominent in the RWA (Real-World Asset) track in recent years, as institutional clients dealing with large assets have strict requirements for privacy protection and regulatory compliance.

Now, there's a promising approach worth considering: combining ZK (Zero-Knowledge proofs) and homomorphic encryption to achieve "programmable compliance" on-chain. What are the benefits of this? Data remains encrypted throughout the process, regulators can verify as needed, institutional privacy is protected, and compliance bottom lines are maintained. It sounds complex, but in reality, it’s like giving institutions a reassuring guarantee.

The Dutch stock exchange NPEX recently chose this path, demonstrating that this solution is practical and feasible. With the mainnet already launched, developers can directly use Solidity to build privacy-preserving applications, and cross-chain verification is supported by oracles like Chainlink to ensure security.

From Gas fees to ecosystem governance, these factors directly impact long-term value. The RWA market is on the verge of explosion, and the demand for privacy and compliance infrastructure will only grow stronger. Solutions to these hard requirements often accumulate significant ecosystem momentum.

RWA-1.53%

ZK-0.05%

LINK-2.65%

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TideReceder

· 01-21 23:26

Another idealistic plan, but whether it can be truly implemented depends on whether institutions buy in. --- ZK encryption sounds great, but I'm worried it will just become another paper tiger. --- What does it mean that the Dutch exchange dares to use it... Will the money really follow? --- So when will RWA actually start to scale? Just shouting about demand isn't enough. --- The combination of privacy + compliance feels like a constant balancing act. Only if it can be well balanced will it be successful. --- Thinking the mainnet launch means stability? I've heard that signal too many times. --- Ultimately, it's still a trust issue. No matter how advanced the technology is, institutions must be willing. --- Cross-chain verification + oracle, with so many steps involved, if something goes wrong, who takes the blame?

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DiamondHands

· 01-21 15:51

Honestly, in simple terms, it's just institutions wanting to have their cake and eat it too without being seen how they do it. --- ZK encryption technology, sounding high-end, actually just makes the chain "semi-transparent." Regulators can see and verify, ordinary users cannot, which is an art of compromise. --- NPEX used a certain 🤣, and it’s not yet ready to explode at the right time. The key is whether Gas fees can really become cheaper. --- Both compliant and private—where in the world is there such a good thing? In the end, it’s still about protecting the rights of big players while small investors continue to be transparent. --- Writing privacy applications directly in Solidity—how many developers would it take to make this ecosystem lively? Feels like we’re still in the PPT stage. --- Ultimately, it’s a trust issue. No matter how much encryption you add, institutions will still play it safe if they’re scared. --- If RWA (Real-World Assets) were really going to explode, it would have already. Where have all the projects promoting this in recent years gone?

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GigaBrainAnon

· 01-20 23:51

Finally, someone has explained this clearly: institutions just want both the fish and the bear's paw The combination of ZK+ homomorphic encryption is indeed powerful, and NPEX's move has boosted market confidence Once RWA truly expands, privacy-compliant infrastructure will be an essential need among essentials To be honest, many projects are still exploring blindly, with few having a clear direction

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CommunitySlacker

· 01-20 23:51

Is that same old "privacy + compliance" rhetoric again? How many times have we heard that? --- Basically, institutions want it all—data transparency but also privacy. Why should we believe ZK can solve everything? --- Choosing this path at NPEX doesn't mean others will follow. Major funds are still on the sidelines, watching. --- Building privacy applications with Solidity? Sounds good, but who bears the cost? --- We've been talking about RWA explosion for over a year. Are there really large assets on the chain now? --- I'm just worried it's another high-sounding, impressive-sounding thing that ends up full of pitfalls when used. --- Ecosystem momentum? First, let's get the Gas fees under control before talking about anything else. --- This combo sounds comfortable, but I can't see how many projects are actually usable. --- Chainlink guarantees security? Why are there still so many issues with old oracles, and why are they still being hyped?

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GateUser-a606bf0c

· 01-20 23:48

It sounds a bit idealistic. Will institutions really believe this set? --- ZK encryption compliance sounds good, but how quickly can it actually be implemented… --- This example with NPEX isn't enough to illustrate the problem; we need to see how many institutions will really follow suit later on. --- Privacy and transparency are always a deadlock. It's not so easy to have both. --- The explosion of RWA is happening, but whether this kind of solution can become mainstream infrastructure remains to be seen. --- Instead of worrying about ZK homomorphic encryption, it's more important to see whether regulators are relaxed or not. That's the key. --- Just because NPEX dares to use it doesn't mean traditional big institutions dare to use it. Risk awareness is there. --- It sounds like just another technical solution; only when it’s actually used will we know where the pitfalls are. --- Compliance is still dependent on national policies. No matter how advanced the technology is, it can't withstand policy changes. --- A reassurance? It feels more like a placebo to comfort oneself.

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MEVHunter_9000

· 01-20 23:47

You’re right, it’s just that these institutions are too stingy; they get scared once it’s on the chain... ZK plus homomorphic encryption? Sounds brain-intensive, but it really hits the nail on the head. Is choosing this path a signal? RWA needs to take off, and such technologies are paving the way. Privacy + compliance, this combination, has significant long-term ecological potential. To put it simply, it’s still about trust costs; lowering them makes business negotiations easier.

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0xSleepDeprived

· 01-20 23:43

It's the same old "privacy compliance" talk. I've been hearing it for a year, but still no real gains. ZK+ homomorphic encryption sounds impressive, but do you really think institutions will obediently put everything on the chain? That's laughable. Choosing this方案 at NPEX is interesting, but that doesn't mean the entire RWA can take off.

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AirdropChaser

· 01-20 23:27

Oh wow, this is the real breakthrough. ZK plus homomorphic encryption is not just for show. Institutions finally found some psychological comfort this time—data encryption that can be checked, privacy protection that is compliant, a win-win situation. NPEX took a smart step; for RWA to take off, it still relies on this kind of infrastructure groundwork. I'm optimistic about this track. The demand for privacy compliance will sooner or later translate into ecological value. Wait, Solidity developers can use it directly? Then the ecosystem expansion might be much faster than expected.

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