Base Launches Enterprise-Grade Privacy Transaction Solution Base Ledgers, Introducing Native Token Standard B20

Foresight News reports that Coinbase's Layer 2 network Base has announced the launch of an enterprise-grade privacy transaction infrastructure called Base Ledgers. This infrastructure enables financial institutions to conduct transactions, payments, and settlements via cryptocurrency channels while ensuring the confidentiality of the transaction process. Additionally, Base's upcoming upgraded version, Beryl, will introduce new tokenization features centered around B20—the native token standard of Base. B20 aims to enhance user experience through faster, lower-cost, and more standardized settlement mechanisms, allowing global financial assets to exist on the Base chain as programmable capital and benefit from on-chain composability.