Sui Launches Tessera Private B2B Settlement Network

Sui introduces Tessera, a privacy-preserving B2B settlement network using Seal MPC to hide transaction amounts from competitors while allowing regulatory oversight.

Woofun AI reports that Sui has launched Tessera, a business-to-business payments and settlement network designed to maintain the confidentiality of transaction amounts. The prototype addresses institutional reluctance to use public blockchains where competitors can view trade prices and volumes. Tessera utilizes Seal MPC and confidential transfers to enable private transactions between counterparties while permitting regulators and authorized parties selective access to data for compliance. This infrastructure aims to reconcile blockchain transparency with the commercial need for privacy in intercompany settlements.