The real friction in regulated finance isn’t “can we do privacy,” it’s: how do you move value without broadcasting every counterparty, size, and timing to the entire market — while still proving to auditors and regulators that the rules were followed. Today most setups feel awkward: either you log everything and accept constant information leakage (front-running, de-risking, reputational risk), or you hide too much and spend your life rebuilding trust with screenshots, PDFs, and exception letters.
That’s why privacy has to be designed into the rails, not granted case-by-case. Exceptions create uneven treatment, manual overhead, and incentives to route activity into gray areas. If Vanar wants to be real infrastructure for games, brands, and consumer-scale apps, the privacy question becomes operational: predictable settlement, selective disclosure, and compliance proofs that don’t require mass surveillance.
VANRY’s role is straightforward here: fees to run the system, staking to align operators, governance to steer policy trade-offs. This works for institutions and high-volume platforms that need repeatable processes; it fails if privacy becomes a “mode” users can abuse or regulators can’t reliably interpret.