Late November @Dusk partnered with Chainlink in adopting chainlink interoperability and data standards to enable compliant, cross-chain tokenized securities backed by real-world equities from NPEX which is a fully regulated Dutch stock exchange with more than €200M+ in financing raised and 17.5k+ active investors.
Here are the benefits DUSK users will receive from the Chainlink CCIP.
The Chainlink CCIP will serve as the canonical interoperability solution for tokenized NPEX assets, while it will also enable the $DUSK network’s native token.
#dusk will be natively transferable across Ethereum and Solana via the cross-chain token with (CCT) standard protocols.
Chainlink Datalink will serve as the exclusive data oracle solution for bringing NPEX exchange data into on-chain and cross-chain.
This will help $DUSK and NPEX to become official data publishers of their own regulated markets data and the Chainlink data streams will deliver low-latency prices for institutional-grade DeFi applications on DUSK
All together this collaboration will give users on DUSK ecosystem to have access to integrated data regulated systems with a verified financial ledger and cross-chain connectivity into a unified infrastructure which will unlock a new era of institutional capital markets on-chain.
HOW HEDGER CONFIDENTIAL TRANSACTIONS WORKS ON DUSKEVM.
As Dusk evolves into a modular architecture, it introduces HEDGER, a new privacy engine built for the dusk EVM execution layer.
What will Dusk users benefit from hedger.
Hedger brings confidential transactions to DuskEVM using a novel combination of homomorphic encryption alongside with zero knowledge proof (Zk) which enables compliance-ready privacy for real-world financial applications.
The difference between ZEDGER and HEDGER
- Zedger was built for UTXO-based layer.
- Hedger is built for full EVM compatibility.
Hedger integrates directly with standard Ethereum tooling, making it scalable, auditable and easy to adopt from day one.
WHAT DUSK CRYPTOGRAPHIC DESIGN LOOKS LIKE:
While most DeFi privacy systems rely solely on zero-knowledge proofs. DUSK used hedger to make a different approach which combines multiple cryptographic techniques to balance privacy deliver high performance and efficiency compliance.
Here are the three tools DUSK Used to reshape its ecosystem.
1. Homomorphic Encryption (HE), this tool delivers ElGamal over ECC it also enables computation for users encrypted data values without revealing them.
2. Zero-knowledge proofs (ZKPs) it delivers correctness of computation without disclosing users underlying inputs.
3. Hybrid UTXO/Account Model it helps users have access to cross-layer composability and seamless integration with real-world financial applications.
Those layered cryptographic models allow hedger to support regulated securities with confidentiality and audibility at its foundation.
