**Your wallet is an open book.** Every transaction, balance, and yes - that 2021 NFT purchase - remains visible to everyone.
**Inco Network** tackles this transparency problem using **TEE/FHE technology** for private payments and governance.
Key privacy solutions:
- **Private balances** and AMM transactions
- **Confidential governance** voting
- **Encrypted data types** for developers
- **Wrapper contracts** for USD tokens
**Privacy vs. compliance** remains crucial - the approach focuses on confidentiality rather than anonymity, meeting regulatory needs.
The **Confidential Token Association** works on standards while adoption grows from payments to DeFi primitives.
**Main challenges:** UX trade-offs and developer adoption barriers.
Blockchain transparency was a feature, but for traders, businesses, and users wanting financial privacy, it's become a significant limitation.