Rayls Enygma: Confidential Tokenised Payments and DvP for Institutional Use

What is Enygma?

Enygma is the Rayls enterprise-grade, privacy-preserving protocol. It is built to support payments and Delivery-versus-Payment (DvP) flows in a programmable, atomic and private way.

The payment solution allows financial institutions to issue, manage and exchange private ERC-20 tokens, such as CBDCs or internal stablecoins, across a private and interoperable blockchain network, with control and compliance retained by the institution.

The Enygma DvP solution enables confidential, auditable and programmable Delivery-versus-Payment transactions between Rayls Nodes (RNs) across a Private Network Hub. Participants can privately exchange shielded tokens, including wrapped ERC-721, ERC-1155 and Enygma ERC-20, under strict privacy-preserving conditions, while compliance and traceability are maintained for authorised operators.

Rayls Enygma combines privacy, auditability and token programmability, which most "confidential" blockchains do not offer together. This is privacy built for financial institutions.