This is where most blockchain designs start to feel incomplete.
Public ledgers expose too much. Everything is visible. Everything is permanent. That might work for experiments, but securities are not experiments. They carry legal weight. They answer to regulators. They exist long after the excitement fades.
It assumes securities need confidentiality by default. Cap tables are not meant to be public feeds. Investor positions should not be mapped in real time. At the same time, nothing can be unverifiable. Audits happen. Compliance checks happen. Proof is required.
The difference is how that proof is handled.
On Dusk, verification does not mean exposure. Information can be disclosed when it needs to be, to who it needs to be, without turning the entire system inside out. That logic lives in the infrastructure itself, not in side agreements or reporting tools.
Another thing securities demand is consistency.
They do not tolerate systems that change behavior every upgrade cycle. Records must remain valid. Access rules must stay predictable. Dusk is designed to behave the same way during quiet periods as it does during active ones.
Tokenization only works if the underlying infrastructure respects how securities already function.
Dusk does not try to rewrite those rules.
It builds around them.
And that is usually the difference between tokenization that stays theoretical and tokenization that survives contact with real markets.#dusk $DUSK @Dusk
