Sui Officially Launches B2B Enterprise Settlement Network Tessera

08/12 02:50

On August 12, Sui officially announced the launch of Tessera, a B2B enterprise settlement network built on Seal MPC and Sui privacy transfers to address the issue of transaction amount privacy. Enterprises can complete settlements privately while still meeting regulatory and audit requirements when needed. The code has been open-sourced. At the same time, operators retain the management capabilities required for enterprise consortia, including member admission and fund allocation, freezing members, and suspending the entire network. The system supports both one-time transfers and recurring payments. If a transaction is disputed, it can be submitted to an arbitrator for handling.
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