StarkWare integrates privacy technology developed by EY into Starknet

Techub News reports, according to The Block, StarkWare is integrating Nightfall (an open-source zero-knowledge privacy layer developed by EY, one of the Big Four accounting firms) into its Starknet for confidential institutional transactions on public blockchain infrastructure. This move allows institutions to use public blockchains for private B2B payments, fund operations, and tokenized asset transfers without exposing sensitive transaction details. StarkWare states that Nightfall supports transaction privacy by default while also supporting selective disclosure and compliance requirements, such as customer identity verification (KYC), thereby enabling the system to meet the needs of institutional users.