This afternoon, I had tea with a brother engaged in foreign trade in an industrial park in Shenzhen. The tea was good tea, twenty-year-old Pu'er, but the brother's brow has never relaxed. He vented to me all afternoon, saying that the current supply chain finance is too hard to manage. Banks want data, upstream and downstream want transparency, but once all this data is handed over, his little cards in the industry will be exposed. It's like asking you to run naked to get a meal; you can eat well, but you lose face, and how will you survive in the future?

This suddenly reminded me of a very popular term recently: new productive forces. The state is pushing data assets onto the balance sheet, and traditional industries are all shouting for digital transformation. But have you noticed that the more they transform, the more anxious the bosses become? Why? Because data is too easy to replicate. If you put customer lists and pricing strategies on the chain or in the cloud, without strong privacy protection, you are sending ammunition to your competitors.

Seeing the brother's worried face, the first thought that popped into my mind was DUSK.

Don't think I'm just trying to ride the wave. Think about it carefully; blockchain has been around for so many years, why is RWA, which stands for Real World Asset tokenization, making such a loud noise, but it's so difficult to land in these traditional big companies in China? Is it because the technology is not good? No. It's because the two deadlocks of compliance and privacy cannot be untangled.

It's like my brother in foreign trade; he has tens of millions in accounts receivable, which is solid asset. He wants to use this for financing, but he doesn’t want his peers to know who his goods are sold to, nor does he want financial backers to know his specific profit margins. On traditional public chains, transparency is the original sin. When you issue a coin or transfer an account, the whole world knows what you did. This is absolutely unworkable in the business world. What is the essence of business? It's information asymmetry, it's trade secrets.

What @Dusk is doing is precisely to put a bulletproof vest on these traditional industry bosses.

DUSK focuses on privacy and compliance. Its zero-knowledge proof technology, simply put, is: I can prove I have this asset, I can also prove I have the ability to repay, but I don’t need to tell you the specifics of where this money comes from and the details of my cards. This is a lifeline for traditional companies that want to embrace Web3 but are afraid of running naked.

Looking back at today's industry news, a certain leading logistics company is about to issue bonds again, and a certain manufacturing giant is about to develop a supply chain finance platform again. Behind these news, it is actually a thirst for liquidity. Traditional liquidity channels are too slow, the review process is cumbersome, and costs are high. If these devices, factories, and accounts receivable could be turned into compliant digital assets through $DUSK , how many times would the circulation efficiency increase?

The key is that DUSK is designed specifically for regulated finance. It is not the kind of reckless hero; it is an engineer in a suit and tie. It knows what banks are afraid of and what regulators want. Protecting privacy under the premise of compliance is the only way RWA can truly enter various industries in China.

I mentioned the concept of DUSK to that brother. Although he doesn’t understand blockchain very well, he understood one thing: your data is still yours, others cannot see it, but banks can trust you, and money can be lent out. His eyes suddenly lit up.

This is the warmth of technology. When we trade coins and look at projects, we often only focus on the ups and downs on the K-line chart, forgetting that technology ultimately needs to serve people. When $DUSK can solve a real business owner's anxiety in the middle of the night, its value is no longer just the fluctuating numbers on the board.

The current market is very restless; everyone is chasing meme coins and dozens of times returns. But I always feel that projects like #Dusk, which calmly address the pain points of traditional finance and are willing to struggle on the difficult path of privacy and compliance, are the arks that can weather bull and bear markets. Because what it connects is not air, but real industrial capital like that brother, the traditional industries that support the economic foundation of this country.

If you are also paying attention to RWA and the integration of traditional finance and the crypto world, take a closer look at @Dusk . Perhaps in the next industry cycle, when the tide goes out, you will find that what really stands firm are those builders who have truly solved the problems.

Don't let your assets run naked in the wind; find them a safe, compliant, and private home. This might be the question we need to think about the most in 2026.

#dusk