DUSK X Binance Square AMA's viewpoint sharing, privacy + compliance + native is the best combination of Web3 and Web2 @dusk_foundation
@Dusk CTO Hein Dauven is the speaker
The theme revolves around RWA assets being fully on-chain, compliance privacy, and the differentiated positioning of ¥Dusk compared to other public chains.
▶️ Current issues in traditional finance
TradFi is still stuck in the 1970s with outdated infrastructure, long settlement cycles (T+2 or even longer), many intermediaries leading to high costs, a high error rate, and significant risks of privacy breaches.
These systems operate on outdated technology, are inefficient, and cannot meet the needs of modern institutions. The biggest obstacle to RWA going on-chain is these legacy pain points: slow, expensive, and insecure.
▶️ Current issues with blockchain: privacy but not compliant.
Many public chains pursue full anonymity, which sounds cool but is a nightmare for regulators: impossible to audit and high risk of money laundering.
Institutions absolutely dare not touch it, as compliance requirements must be traceable and auditable. Therefore, although there are many privacy chains, almost none can enter TradFi, stuck on compliance.
▶️ Solutions that DUSK can learn from
#Dusk positions itself in the middle ground: compliant privacy, achieving privacy where needed through zero-knowledge proofs (ZK), and compliance where necessary, such as keeping transaction details confidential from participants while allowing regulatory agencies to audit.
The selling point of Dusk is that it is a regulated financial design L1, with a modular architecture, programmable compliant smart contracts, no intermediaries, directly serving as CSD (Central Securities Depository), instant settlement, and an error rate close to zero.
As the RegDeFi + RWA infrastructure, NPEX collaboration has been implemented.
▶️ Latest progress
The mainnet will go live on January 7, $DUSK and has been strong recently. The AMA also mentioned that DuskEVM is about to go live, and the Trade platform has already started using it; the registration activity shared yesterday is still valid.
Link 🫱 https://trade.dusk.network/
This episode of Binance Square live broadcast had 45,000 listeners, and the content goes far beyond this; if interested, jump to the original video $DUSK .
Replay: https://www.generallink.top/en-AE/square/audio/replay?id=35383660572842