Privacy focused finance often leaves out something important. This thing is called auditability. Financial institutions have to follow a lot of rules. They need to be able to show what they are doing. They need to keep records that can be checked. Privacy focused finance is good because it keeps information safe.. It cannot make financial institutions unaccountable. Dusk is a kind of blockchain it is called a layer 1 Blockchain. Dusk is designed to meet the needs of privacy focused finance and auditability at the time. It does this by using DeFi infrastructure. This means Dusk can help financial institutions follow the rules while also keeping information private. Dusk is a layer 1 Blockchain that can do both things.
The DUSK FOUNDATION helps make technology that lets people make transactions but still has a way to track what is going on. This means that institutions can keep their clients information and their own plans and transaction details private. At the time they can let certain people check on what is happening. The DUSK FOUNDATION technology does this so that institutions can follow the rules they are supposed to and manage risks. This is important for the DUSK FOUNDATION because it wants to support technology that's safe and responsible. The DUSK FOUNDATION technology is good for institutions because it helps them with expectations and risk management processes, for the DUSK FOUNDATION.
People trust systems more when they are transparent. This is because regulators can see what is going on when they need to. Institutions feel good, about the reports they give. Users feel safe knowing that systems are working in a way. Dusk thinks that keeping things private and being transparent are things that work together not against each other.
The conclusion is simple. Privacy without auditability limits adoption. Together they create infrastructure suitable for real world finance.