#dusk @Dusk The world of cryptocurrency keeps bringing up new projects that promise to revolutionize one or another aspect of our digital life. Among them, the DUSK Network stands out-the dusk_foundation-is definitely a pioneering force in the area of privacy-preserving blockchain technology. If you are looking for a project with serious potential and to contribute to a more secure and confidential future, then it is high time to pay attention to DUSK.
Dusk Network will provide a high-throughput, privacy-centric blockchain tailor-made for financial markets. In other words, they develop a secure and scalable platform on which enterprise can securely conduct transactions and manage assets with absolute privacy, combined with regulatory compliancy. To put this in perspective, think of a private digital ledger where only the parties involved can view the details of a transaction. Yet, it still allows transparency and auditability by regulators when required. This is a totally innovative approach that responds to the requirements felt acutely within the financial space, where confidentiality and compliance always seem to be opposing ideals.
At the root of Dusk's privacy functionality is a technology called Zero-Knowledge Proofs or ZKPs for short. Before going into too much detail, a brief definition is in order here. ZKPs essentially enable a legitimate statement's verification between two parties without any additional information being shared apart from the verification's success or failure of that claim's validity. This is a major step forward for those whose line of business is concerned with privacy-sensitive information, because these parties are, for the first time, able to enjoy all of blockchain's benefits with fully preserved data privacy requirements. To illustrate an organization's utility of Dusk, consider a firm that would like to create tokenized securities on a blockchain platform.
In addition to its state-of-the-art technology, what sets the Dusk Network apart is its team and road map for the future. Its emphasis on practical usage in the financial industry in particular places them in a very strong position for growth. The recent buzz surrounding the power of the Dusk Network in the industry related to privacy can clearly be felt, and it is a very popular subject to discuss in a crypto community forum such as this. #dusk @Dusk#DUSKARMY.
