diff --git a/src/Makefile.am b/src/Makefile.am
index ad0f45034d..67037e8853 100644
--- a/src/Makefile.am
+++ b/src/Makefile.am
@@ -373,6 +373,8 @@ libbitcoin_consensus_a_SOURCES = \
   prevector.h \
   primitives/block.cpp \
   primitives/block.h \
+  primitives/confidential.cpp \
+  primitives/confidential.h \
   primitives/txwitness.cpp \
   primitives/txwitness.h \
   primitives/transaction.cpp \
diff --git a/src/primitives/confidential.cpp b/src/primitives/confidential.cpp
new file mode 100644
index 0000000000..fd1a9eca0d
--- /dev/null
+++ b/src/primitives/confidential.cpp
@@ -0,0 +1,34 @@
+
+#include <primitives/confidential.h>
+
+#include <tinyformat.h>
+
+void CConfidentialAsset::SetToAsset(const CAsset& asset)
+{
+    vchCommitment.clear();
+    vchCommitment.reserve(nExplicitSize);
+    vchCommitment.push_back(1);
+    vchCommitment.insert(vchCommitment.end(), asset.begin(), asset.end());
+}
+
+void CConfidentialValue::SetToAmount(const CAmount amount)
+{
+    vchCommitment.resize(nExplicitSize);
+    vchCommitment[0] = 1;
+    WriteBE64(&vchCommitment[1], amount);
+}
+
+std::string CAssetIssuance::ToString() const
+{
+    std::string str;
+    str += "CAssetIssuance(";
+    str += assetBlindingNonce.ToString();
+    str += ", ";
+    str += assetEntropy.ToString();
+    if (!nAmount.IsNull())
+        str += strprintf(", amount=%s", (nAmount.IsExplicit() ? strprintf("%d.%08d", nAmount.GetAmount() / COIN, nAmount.GetAmount() % COIN) : std::string("CONFIDENTIAL")));
+    if (!nInflationKeys.IsNull())
+        str += strprintf(", inflationkeys=%s", (nInflationKeys.IsExplicit() ? strprintf("%d.%08d", nInflationKeys.GetAmount() / COIN, nInflationKeys.GetAmount() % COIN) : std::string("CONFIDENTIAL")));
+    str += ")";
+    return str;
+}
diff --git a/src/primitives/confidential.h b/src/primitives/confidential.h
new file mode 100644
index 0000000000..b404f84a3d
--- /dev/null
+++ b/src/primitives/confidential.h
@@ -0,0 +1,224 @@
+
+#ifndef BITCOIN_PRIMITIVES_CONFIDENTIAL_H
+#define BITCOIN_PRIMITIVES_CONFIDENTIAL_H
+
+#include <amount.h>
+#include <asset.h>
+#include <script/script.h>
+#include <serialize.h>
+#include <span.h>
+#include <uint256.h>
+#include <utilstrencodings.h>
+
+extern bool g_con_elementswitness;
+
+/**
+ * Confidential assets, values, and nonces all share enough code in common
+ * that it makes sense to define a common abstract base class. */
+template<size_t ExplicitSize, unsigned char PrefixA, unsigned char PrefixB>
+class CConfidentialCommitment
+{
+public:
+    static const size_t nExplicitSize = ExplicitSize;
+    static const size_t nCommittedSize = 33;
+
+    std::vector<unsigned char> vchCommitment;
+
+    CConfidentialCommitment() { SetNull(); }
+
+    ADD_SERIALIZE_METHODS;
+
+    template <typename Stream, typename Operation>
+    inline void SerializationOp(Stream& s, Operation ser_action) {
+        unsigned char version = vchCommitment.empty()? 0: vchCommitment[0];
+        READWRITE(version);
+        if (ser_action.ForRead()) {
+            switch (version) {
+                /* Null */
+                case 0:
+                    vchCommitment.clear();
+                    return;
+                /* Explicit value */
+                case 1:
+                    vchCommitment.resize(nExplicitSize);
+                    break;
+                /* Confidential commitment */
+                case PrefixA:
+                case PrefixB:
+                    vchCommitment.resize(nCommittedSize);
+                    break;
+                /* Invalid serialization! */
+                default:
+                    throw std::ios_base::failure("Unrecognized serialization prefix");
+            }
+            vchCommitment[0] = version;
+        }
+        if (vchCommitment.size() > 1) {
+            READWRITE(REF(Span<unsigned char>(vchCommitment.data() + 1, vchCommitment.size()-1)));
+        }
+    }
+
+    /* Null is the default state when no explicit asset or confidential
+     * asset commitment has been set. */
+    bool IsNull() const { return vchCommitment.empty(); }
+    void SetNull() { vchCommitment.clear(); }
+
+    bool IsExplicit() const
+    {
+        return vchCommitment.size()==nExplicitSize && vchCommitment[0]==1;
+    }
+
+    bool IsCommitment() const
+    {
+        return vchCommitment.size()==nCommittedSize && (vchCommitment[0]==PrefixA || vchCommitment[0]==PrefixB);
+    }
+
+    bool IsValid() const
+    {
+        return IsNull() || IsExplicit() || IsCommitment();
+    }
+
+    std::string GetHex() const { return HexStr(vchCommitment); }
+
+    friend bool operator==(const CConfidentialCommitment& a, const CConfidentialCommitment& b)
+    {
+        return a.vchCommitment == b.vchCommitment;
+    }
+
+    friend bool operator!=(const CConfidentialCommitment& a, const CConfidentialCommitment& b)
+    {
+        return !(a == b);
+    }
+};
+
+/** A commitment to a blinded asset, or an explicit asset NUMS identifier */
+class CConfidentialAsset : public CConfidentialCommitment<33, 10, 11>
+{
+public:
+    CConfidentialAsset() {
+        SetNull();
+    }
+    CConfidentialAsset(CAsset asset) { SetToAsset(asset); }
+
+    void SetNull() {
+        vchCommitment.clear();
+
+        // Set to dummy asset when not doing CA.
+        if (!g_con_elementswitness) {
+            SetToAsset(CAsset());
+        }
+    }
+
+    /* An explicit asset identifier is a 256-bit nothing-up-my-sleeve number
+     * that used as auxiliary input to the Pedersen commitment setup to create
+     * a generator which acts as the asset tag. */
+    const CAsset& GetAsset() const
+    {
+        assert(IsExplicit());
+        return *reinterpret_cast<const CAsset*>(&vchCommitment[1]);
+    }
+    void SetToAsset(const CAsset& asset);
+
+};
+
+/** A 33-byte commitment to a confidential value, or a 64-bit explicit value. */
+class CConfidentialValue : public CConfidentialCommitment<9, 8, 9>
+{
+public:
+    CConfidentialValue() { SetNull(); }
+    CConfidentialValue(CAmount nAmount) { SetToAmount(nAmount); }
+
+    /* An explicit value is called an amount. The first byte indicates it is
+     * an explicit value, and the remaining 8 bytes is the value serialized as
+     * a 64-bit big-endian integer. */
+    CAmount GetAmount() const
+    {
+        if (!g_con_elementswitness && IsNull()) {
+            return -1;
+        }
+
+        assert(IsExplicit());;
+        return ReadBE64(&vchCommitment[1]);
+    }
+    void SetToAmount(CAmount nAmount);
+};
+
+/**
+ * A 33-byte data field that typically is used to convey to the
+ * recipient the ECDH ephemeral key (an EC point) for deriving the
+ * transaction output blinding factor. */
+class CConfidentialNonce : public CConfidentialCommitment<33, 2, 3>
+{
+public:
+    CConfidentialNonce() { SetNull(); }
+};
+
+/** A new asset issuance, or a reissuance (inflation) of an existing asset */
+class CAssetIssuance
+{
+public:
+    // == 0
+    //   Indicates new asset issuance.
+    // != 0
+    //   This is a revelation of the blinding factor for the input,
+    //   which shows that the input being spent is of the reissuance
+    //   capability type for the asset being inflated.
+    uint256 assetBlindingNonce;
+
+    // New asset issuance:
+    //   This is a 32-byte nonce of no consensus-defined meaning,
+    //   but is used as additional entropy to the asset tag calculation.
+    //   This is used by higher-layer protocols for defining the
+    //   Ricardian contract governing the asset.
+    // Existing asset reissuance:
+    //   The original asset entropy (combination of Ricardian contract
+    //   and outpoint used) which was used to generate the fixed asset
+    //   tag and reissuance tokens.
+    uint256 assetEntropy;
+
+    // Both explicit and blinded issuance amounts are supported
+    // (see class definition for CConfidentialValue for details).
+    CConfidentialValue nAmount;
+
+    // If nonzero, specifies the number of asset issuance tokens to
+    // generate. These tokens are made available to the outputs of the
+    // generating transaction.
+    CConfidentialValue nInflationKeys;
+
+public:
+    CAssetIssuance()
+    {
+        SetNull();
+    }
+
+    ADD_SERIALIZE_METHODS;
+
+    template <typename Stream, typename Operation>
+    inline void SerializationOp(Stream& s, Operation ser_action)
+    {
+        READWRITE(assetBlindingNonce);
+        READWRITE(assetEntropy);
+        READWRITE(nAmount);
+        READWRITE(nInflationKeys);
+    }
+
+    void SetNull() { nAmount.SetNull(); nInflationKeys.SetNull(); }
+    bool IsNull() const { return (nAmount.IsNull() && nInflationKeys.IsNull()); }
+
+    friend bool operator==(const CAssetIssuance& a, const CAssetIssuance& b)
+    {
+        return a.assetBlindingNonce == b.assetBlindingNonce &&
+               a.assetEntropy == b.assetEntropy &&
+               a.nAmount == b.nAmount &&
+               a.nInflationKeys == b.nInflationKeys;
+    }
+
+    friend bool operator!=(const CAssetIssuance& a, const CAssetIssuance& b)
+    {
+        return !(a == b);
+    }
+
+    std::string ToString() const;
+};
+
+#endif // BITCOIN_PRIMITIVES_CONFIDENTIAL_H