Dusk Network is a Layer 1 blockchain for financial infrastructure that has regulated and privacy oriented characteristics. Dusk focuses on serving the needs of institutions which require confidentiality AND compliance to auditability, rather than aiming for full transactional transparency like other general-purpose blockchains.
Dusk’s Core Design is a Modular Network Architecture that allows developers and financial institutions to build applications that comply with regulations while leaving the base protocol unchanged. In this way Dusk is fully capable of meeting institutional requirements related to things like compliant decentralized finance (DeFi), regulated trading platforms and representing the issuance of OPT items as tokenised real worldl assets.
Dusk’s unique privacy/auditability model (Dusk uses a combination of encryption and off-chain data verification for privacy/auditability) allows transaction records and asset ownership to be kept private while enabling only authorized parties to verify compliance or request for audits. This is an essential requirement for both Regulators to have the ability to provide oversight AND for institutions to safeguard sensitive customer information and market position.
