Dusk Network: Regulated Finance On-Chain without Compromise
Dusk Network has been working since under the radar to construct the framework needed to connect the traditional finance with blockchain in a manner that institutions will be able to take on. Most of crypto has centered on cycles of speculation, but Dusk has remained dedicated to a more challenging issue: building a Layer-1 blockchain with support of regulated financial markets, real-world assets (RWAs), and compatible DeFi without negatively impacting privacy or its reliability.
The Dusk Trade waitlist is the first physical step that is now being implemented towards that vision. Dusk Trade is a licensed RWA trading platform that is developed in collaboration with NPEX, licensed Dutch exchange, conducting more than EUR300M in assets under management. This partnership is introducing tokenized securities and funds into a regulated setting, enabling users to access regulated financial products without going on-chain, and do so legally.
The key difference that Dusk has is that it is privacy-by-design. In Dusk, there is no compulsion of transactions to be fully public or fully hidden. In its place, users and institutions are provided with confidentiality as default and selective disclosure where audits, reporting and regulatory checks are necessitated. Owing to the sensitive nature of the data that is to be kept in real financial markets, this balance is crucial since the data should stay safe and be verifiable.
To achieve this, Dusk has spent more than seven years developing the zero-knowledge technology of the technology. Privacy is not a behavior or feature, it is part of the protocol, along with auditability and compliance logic. This renders Dusk to be appropriate with banks, exchanges, issuers of assets and regulated organizations which cannot feasibly work on fully transparent public ledgers.
The DuskEVM is also released which further rapid adoption. Having complete Ethereum compatibility, developers will be able to easily deploy smart contracts with the tools they already know to be up to the benefits of Dusk-native privacy and regulatory program. This reduces the cost of institutions and fintech developers to transplant actual workflows in finance on-chain.
Dusk Network and Dusk Trade are together a step towards a blockchain infrastructure that is intended to be used long-term, in financial applications. No hype-based experimentation, but consistent, personalized, and dependable infrastructures that are capable of mannering the subsequent generation of on-chain finance.
