Sui has introduced Tessera, a business-to-business payments and settlement network designed to address one of the main obstacles preventing wider blockchain adoption in institutional finance: the public disclosure of transaction amounts.
The prototype is being developed on the Sui blockchain and uses confidential transfers together with Seal multi-party computation technology to keep payment values hidden from the general public. The approach is intended to allow businesses to use blockchain-based settlement infrastructure without exposing commercially sensitive pricing and transaction-volume information to competitors.
Tessera is designed to provide private B2B payments and settlement on Sui while allowing authorized parties, including regulators and compliance officials, to access transaction information when required.
Public blockchains typically make transaction information visible, providing transparency that can support verification and auditing. For financial institutions and businesses, however, the same transparency can create operational concerns. Details about prices, payment sizes and transaction volumes can reveal commercially sensitive information and potentially weaken a company’s competitive position.
Sui has indicated that this issue has contributed to institutional reluctance to conduct real-world business transactions on public blockchain infrastructure. Companies may be unwilling to settle trades on networks where competitors can observe transaction values and infer details about commercial activity.
Tessera seeks to address this limitation by introducing privacy controls while retaining the underlying benefits of distributed ledger technology. The network is designed so counterparties can conduct transactions privately while authorized entities retain the ability to inspect relevant information when necessary.
Seal MPC Enables Confidential Transfers
A central component of Tessera is Seal MPC, which uses multi-party computation, a cryptographic technique that enables multiple parties to jointly perform computations without revealing their individual inputs.
In the context of financial settlement, the technology can allow transaction amounts to be validated and recorded without making those values publicly visible. This creates a structure in which businesses can maintain confidentiality while still benefiting from blockchain-based settlement and recordkeeping.
The selective disclosure model is also intended to address regulatory and compliance requirements. Regulators, auditors and designated compliance personnel could receive access to transaction information when appropriate, while the same information would remain unavailable to competitors and the broader public.
Meet Tessera, a B2B settlement network.
A closed group of businesses settles invoices in a confidential stablecoin. Membership is KYC-gated.
The chain shows who paid whom and when. The amount appears as ▦▦▦.
Check the full demo.👇 pic.twitter.com/KA5ecJkWth
— Sui (@SuiNetwork) August 10, 2026
Tessera’s selective-disclosure architecture seeks to combine commercial confidentiality with the oversight capabilities required by regulated financial institutions.
The model represents a shift from the assumption that blockchain transparency must mean unrestricted visibility of every transaction detail. For institutional users, privacy can be as important as auditability, particularly when transactions involve sensitive pricing, trading volumes or business relationships.
Institutional Blockchain Adoption Moves Toward Privacy
The launch of Tessera reflects a broader movement toward blockchain infrastructure designed specifically for institutional requirements. Traditional financial institutions exploring digital assets increasingly require systems that can address operational, regulatory and confidentiality concerns alongside transaction efficiency.
Privacy has emerged as a particularly important requirement because institutions may be unwilling to transfer existing financial activities to infrastructure that exposes sensitive commercial information. Tessera’s design attempts to address that concern without eliminating the audit and oversight mechanisms expected by regulators.
If the prototype develops successfully, the network could support applications involving intercompany settlements, trade finance and other B2B financial transactions where transaction confidentiality is essential. Such applications could expand the role of distributed ledger technology beyond publicly visible cryptocurrency transactions and into more conventional business payments.
For Sui, Tessera also provides an opportunity to demonstrate that its blockchain infrastructure can accommodate enterprise-oriented financial applications. Its success will depend on whether institutions view the combination of confidential transactions, selective disclosure and blockchain settlement as sufficiently practical for real-world deployment.
Tessera could help bridge the gap between blockchain transparency and institutional privacy, potentially opening new opportunities for confidential B2B payments and financial settlement.
The prototype will therefore provide an important test of whether privacy-preserving blockchain infrastructure can gain meaningful adoption among businesses and financial institutions while maintaining the regulatory visibility needed for institutional operations.