Instead of following short-lived hype, Dusk is involved in regulated DeFi and making real-world things tokenized and built infrastructures that can be practically accepted by financial institutions. Dusk supports private transactions at the protocol level, which has privacy and auditability, which then can be verified later should the regulation be necessary. The release of DuskEVM is an important accomplishment, introducing EVM compatibility to the network and unlocking the potential of more developers to develop compliant onchain finance.
The first real-world asset (RWA) platforms that is launching on DuskEVM is DuskTrade, one of the most important early applications. DuskTrade shows how (traditional) financial instruments can be migrated to-on-chain without losing regulatory or user privacy. DuskTrade demonstrates how workplace systems, such as securities and structured products, can be traded in a transparent but privacy preserving setting using smart contracts and thereby zero-knowledge cryptography.
The Dusk Network has several important strengths such as:
Intrinsic confidentiality with selective release compliance.
DuskEVM to build retrofit Ethereum-compatible.
Native DeFi and RWAs support.
Infrastructure with the intention of being adopted by institutions.
Combining both, Dusk and DuskTrade emphasize a path to upgrading the traditional finance with the help of blockchain technology.
