Researchers at the prestigious Stanford University and Visa Research have created new privacy features for Ethereum (ETH)-based smart contracts. On February 20th, Stanford University’s applied cryptography group published a research paper that explains how the newly developed privacy protocols for ETH-based smart contracts can be integrated on the cryptocurrency’s blockchain network. As mentioned in Stanford’s research document, the team at Visa Research and the private university have developed a protocol called “Zether” - which is “a fully-decentralized, confidential payment mechanism.”