Sui officially announced the launch of the B2B business settlement network Tessera

On 12 August, Sui officially announced the launch of Tessera, the B2B business settlement network, based on Seal MPC+Sui ' s private transfer structure, to address the privacy of the amount of the transaction, which allows the enterprise to settle in private and also to meet regulatory and audit requirements when required, and the code is now open. At the same time, operators continue to have the managerial capacity required for business alliances, including access to members and allocation of funds, freezing members and suspending the entire network. The system also supports one-time transfers and periodic payments. If the transaction is in dispute, it may be referred to the arbitral party。