Dusk Invests in Outdid.io: A Strategic Bet on Private Identity for Web3
@Dusk , a blockchain focused on privacy and compliance for finance, is strengthening the foundation of private Web3 by investing in core infrastructure. Its recent allocation of a $50,000 grant to Outdid.io—a fully private identity verification protocol—signals a strategic move to solve one of the industry's toughest challenges: proving who you are without revealing who you are.
Why This Investment Matters for Dusk's Vision
This grant is more than just funding; it's an alignment of visions. Dusk Network is building a blockchain for confidential financial applications like securities trading. For this ecosystem to thrive, it needs a way to satisfy real-world compliance rules without sacrificing the core principle of privacy.