Let's honestly discuss a somewhat painful reality: in recent years, blockchain has become incredibly popular, and DeFi has been hyped to the skies, but honestly, their privacy protections are a disaster.

Think about it—every on-chain transfer, wallet balance, and fund flow to which protocol—all these details are exposed publicly. With just basic technical knowledge or even casually opening a block explorer, you can dig into your account details. In traditional finance, this would be impossible—you wouldn't write your bank balance on your forehead to go shopping, right?

But here’s the paradox: traditional finance, in order to protect privacy, ends up creating a black box. Accounts are opaque, and operational freedom is frighteningly large. This creates a vicious cycle—if you want transparency, there’s no privacy; if you want privacy, it’s not transparent—an impossible dilemma.

One project has seen through this problem. It asks, "Why can't we have both fish and bear’s paw?" This project aims to equip future finance with a "programmable privacy switch." Rather than just being a public chain, it’s more like a financial club tailored for privacy. It features something called XSC (Confidential Security Contract), whose core function is to teach smart contracts to "keep secrets."

How does it keep secrets? Once a transaction is confirmed, the entire network knows about it. But details like how much was transferred and who is trading with whom are only visible to those holding the keys. Others? They can’t see.

This is extremely valuable for large institutions and publicly listed companies that require confidentiality. When issuing bonds or organizing tenders, who the heck wants competitors to get an early peek at their cards? It’s simply impossible. With this privacy mechanism, the bottom line is truly protected.

That token is the access pass and fuel for entering this club. In an era where everyone is forced to "bare all," this programmable privacy solution addresses the last mile for blockchain applications to reach the institutional market.