**Public Ethereum and Programmable Privacy: the Next Frontier** Public blockchains introduced something revolutionary: verifiable transparency. Every transaction exists on an open, immutable, neutral ledger. Zero-knowledge proofs take that foundation further by adding programmable privacy. When truth is provable without exposure, you no longer need to trust a third party with your information. Transparency becomes more powerful, not less. Imagine proving you have a valid ticket at the airport without revealing your destination. Verification happens publicly, while sensitive data stays private. This convergence makes institutional infrastructure more efficient, compliant, and secure than ever before. Cryptographic privacy isn’t about upholding legacy frameworks. It’s about evolution. Onchain privacy unlocks a new dynamic: - Regulatory compliance can be proven without exposing underlying data, allowing institutions to keep sensitive information confidential. - Data minimization ensures that only essential information is revealed, reducing exposure by up to 99 percent. - Auditability allows regulators and third parties to verify correctness directly onchain, creating trust without full data disclosure. The applications are endless. Exchanges can prove assets exceed liabilities without exposing individual positions. Smart contracts keep order flow private while correctness remains verifiable. Wallets can prove accreditation without revealing net worth or personal documents. The result is clear. Public blockchains remain transparent where it matters, ensuring accountability and verifiability. Private data stays private where it must, preserving confidentiality and security. Together, they create a system where institutions gain efficiency, regulators gain assurance, and users gain sovereignty. This is the privacy layer of open finance. The next chapter of finance isn’t public or private, it’s both: publicly verifiable and privately secure. Etherealize is building that bridge with institutional privacy infrastructure rooted in Ethereum.