Dusk How to prevent prepaid cards from running away
The hot pot restaurant near my home, which had been open for five years, has closed down. The owner cried in the group, apologizing to everyone, saying the funding chain had broken and the membership cards everyone had recharged could not be refunded. There were curses all over the group, but I know the owner is a good person; she really has no money left. This type of prepaid consumption pitfall is everywhere in China. The business did not intend to defraud money, but the misappropriation of funds led to a collapse, harming consumer rights.
If @Dusk Network were involved, the outcome might have been completely different.
Imagine if the membership card for the hot pot restaurant were running on an intelligent contract on the Dusk chain. The funds recharged by consumers would not go directly into the owner's private pocket but would be locked in a custodial contract on the chain.
First, designated funds for designated purposes. If the owner wants to use this money, she must have corresponding consumption verification records.
Second, transparency and traceability with privacy protection. Consumers can see that the total amount in the fund pool is healthy, but the owner does not need to publicly disclose her daily transaction details.
Third, programmable liquidity. If the store really cannot continue operating, the intelligent contract can automatically trigger a liquidation procedure to proportionally refund the remaining money to the consumers holding tokens, rather than turning into a bad debt.
$DUSK plays the role of a fair and immutable digital intermediary here. It protects the consumers' wallets while also helping the owner prove her innocence. This code-based trust is more effective than any verbal promise.
Watching the owner's helpless apology in the group, I am even more convinced that the future of Crypto lies not in speculation, but in life. The compliant and privacy-focused financial rules that Dusk is building will eventually permeate every corner of our experiences with hot pot, haircuts, and fitness, making society a little less hostile and providing a bit more peace of mind. This is the most down-to-earth application.
