Dusk Network has developed privacy technology not based on speculation, but on actual financial systems, and not in eight or nine years, but in more than seven years. The Dusk offers choice as opposed to blockchains which compel users to be totally transparent or secretive. Transactions can be transparent in the case where openness is needed; confidential in the cases where sensitive data should be kept in place.
Selective disclosure is the real difference between Dusk and other novellae. Privacy does not imply being free of regulating. As an alternative, Dusk can be used to maintain transactions private default but still can be audited and disclosed where required by compliance. Such a balance is necessary in institutions that require to guard the user data, trading schemes, and financial positions without breaching the regulatory frameworks.
Dusk is a Layer-1 that is developed as regulated finance, facilitating compliant DeFi, tokenized real-world assets, and institutional-grade applications. Through the introduction of DuskEVM, developers are able to deploy Ethereum-compatible smart contracts with their logic for privacy available at the protocol level. It is through this that it is possible to develop markets, funds and financial products that will be in tandem with blockchain efficiency and those that are on the ground in respect to legal requirements.
The upshot is that privacy and regulation are not mutually exclusive as claimed by Dusk. Properly designed, they turn out to be the basis of trust, adoption, and the future of on-chain finance.
