It is possible, AFAIK. BitShares (the first graphene-based blockchain) had a prototype ability for anonymous transactions, but it wasn't used much. Since that time, I think more sophisticated methods have emerged, but it's not an area I've spent much time researching. I'm currently more interested in finding better ways to share information than to hide it.
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I think thats more important also to make things more efficent. I think at some point an option would be nice to have for privacy, i think thats the way the mass can feel comfortable with social and finance.