Dusk Network is becoming one of the limited blockchains that take into consideration real financial systems. An aptly designed Layer-1 targeted at control markets, Dusk is aimed at enabling real-world investment of tokenized assets, assets-compliant DeFi, and a democratically value transfer without sensitive user or institutional data. Instead of using complete transparency or complete secrecy, Dusk proposes programmable privacy programmable privacy java applications can be quietly confidential but verifiable in order to be reviewed by regulatory authorities as needed.
Such an architecture grants unique applicability of Dusk to banks, exchanges and asset issuers that cannot run on fully public ledgers. Decades of privacy research are stipulated in the protocol itself, and financial workflows can be on-chain without legal or data protection initiatives.
The Big release of DuskEVM is a significant move in the direction of the ecosystem. Introducing complete EVM compatibility, developers gain the convenience of being able to use common Ethereum tools and have the advantage of Dusk allowing them to utilize the privacy-first and compliance-conscious infrastructure. This paves the way to actual applications like tokenized money, securities and government-controlled financial goods already being in development to implementation.
However, Dusk is showing that relevant blockchain implementation is possible, based on reliable infrastructure, and not hype, after over seven years of focused development.
