For decades, Central Securities Depositories (CSDs) have been essential gatekeepers in financial markets, holding and managing securities on behalf of investors. While they provide crucial infrastructure, CSDs also add layers of complexity, cost, and time delays to what should be straightforward transactions.
Dusk Network fundamentally reimagines this system by eliminating the need for these intermediaries altogether. Through blockchain technology, ownership records exist directly on-chain, verified through cryptographic proof rather than centralized databases. When you own a tokenized security on Dusk, you truly own it in your wallet without a third party holding it in custody.
This disintermediation delivers tangible benefits. Settlement times collapse from the traditional T+2 days to near-instantaneous finality. Costs decrease dramatically as multiple intermediary fees disappear. Operational risks associated with reconciliation errors between different systems vanish when there's a single source of truth on the blockchain.
For emerging markets and smaller companies, removing CSD requirements lowers barriers to capital formation. Without needing approval from multiple intermediaries or paying substantial custody fees, raising funds becomes more accessible and democratic.
Dusk proves that blockchain can maintain regulatory compliance and institutional-grade security while cutting out middlemen. The result is a more efficient, transparent, and inclusive financial system where ownership is direct, settlement is instant, and costs are minimized. #dusk @Dusk $DUSK
