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Selective disclosure is the ability to reveal specific confidential onchain activity to a chosen party — an auditor, regulator, or counterparty — without making that activity public to everyone. It is what makes confidential digital assets usable by regulated businesses: privacy is the default, and visibility is granted deliberately, scoped, and time-bounded. In Ryle, every disclosure is itself recorded in an immutable audit log.

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How it works

A confidential asset keeps balances and transaction amounts private by default. When an authorized operator needs to give a third party visibility, they issue a disclosure: a scoped, time-bounded view into a defined set of data (a specific account, asset, date range, or set of transactions). The recipient can verify the disclosed activity cryptographically, but gains no access beyond what the policy grants, and the disclosure event is logged.

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Who you disclose to

  • Auditors — to confirm balances, supply, and reserves during a financial audit.
  • Regulators — to satisfy a reporting obligation or a specific inquiry.
  • Counterparties — to prove a payment or settlement occurred, without exposing unrelated activity.
  • Internal compliance — to let a compliance or audit role review activity under their permissions.

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Selective disclosure vs full transparency vs full privacy

Selective disclosure is the middle path that neither extreme provides: it keeps data confidential while preserving the ability to prove specific facts to specific parties on demand.

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Examples

  • A stablecoin issuer discloses reserve and supply figures to an auditor each quarter, without revealing individual holder balances.
  • A treasury team proves a single inter-entity transfer to a regulator without exposing the rest of the ledger.
  • A B2B payer shares proof of one settlement with a counterparty while keeping all other vendor relationships private.

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FAQ

No. A disclosure grants visibility to one defined party, scoped to specific data and bounded in time. The data does not become public, and the disclosure itself is logged.
Disclosures are scoped and time-bounded by design, so access ends when the policy says it does. Access to disclosed data is recorded in the audit log.
Blanket-anonymity privacy coins cannot prove specific activity to a regulator or auditor on demand. Selective disclosure is built for compliance: private by default, provable when required.