NEAR Protocol launches Confidential Intents, supporting developers to integrate confidential execution functions

NEAR Protocol launches Confidential Intents, opening up confidential execution infrastructure to developers. Developers and dApps can provide confidential transaction functionality through the NEAR Intents 1Click Swap API. Confidential Intents use encryption without the need for client authentication, and user data is encrypted separately. Integration only requires adding one parameter. More than $1.5 billion in ZEC has been settled through NEAR Intents, and within weeks of its launch, 42% of the trading volume on near.com was conducted using confidential mode. The daily confidential TVL has exceeded $30 million.