I see that more and more people are questioning why blockchain is still not widely used for serious financial activities, and this prompted me to take a closer look at Dusk Network. Once I understood their approach, the goal became very clear.
Dusk is designed for situations where transparency alone is not enough. On most blockchains, everything is visible to everyone. This sounds fair, but in real finance, it creates problems. Contracts, transactions, and asset transfers often contain confidential details that cannot be disclosed publicly. Dusk is intended for these actions to occur on-chain without revealing information that should remain confidential.
The way the system works is based on verification instead of disclosure. Instead of publishing all the data, the network verifies transactions using cryptographic methods that confirm everything is correct without showing the details. Thus, the blockchain still adheres to the rules, but users are not required to disclose confidential information just to use the system.
They also think about how blockchain fits into existing financial structures. Instead of ignoring regulation, the network allows for controlled information exchange when necessary. This makes it possible to use Dusk for things like regulated assets or private financial agreements without violating compliance rules.
I see Dusk as a project that aims to make blockchain useful in areas where trust, privacy, and structure are important. They are not solving a flashy problem. They are solving a necessary one, and that is what makes the idea interesting to me.
