Dusk Network is not attempting to revolutionize finance in one night. It is re establishing, silently, the things that really count. Dusk is a Layer-1 blockchain created in 2018 and targeted at controlled financial applications, wherein privacy, compliance and reliability cannot be in conflict with one another.
The difference with Dusk is its attitude towards the privacy. These privacy transactions may be complete confidentiality in order to maintain the sensitive data but with the option of auditing with selective disclosure during the need to comply with regulation. This balance is essential where the institutions cannot work on fully transparent records yet they require verifiable adherence. Dusk created this flexibility a native protocol feature after over seven years of research on privacy.
DuskEVM kickoff is a significant move in the right direction. Connecting to the full extent of the EVM, developers get to deploy smart contracts while using common Ethereum toolkit and can take advantage of the privacy and regulatory environment provided by Dusk. This has enabled actual adoption, such as collaboration with licensed exchanges, such as NPEX, a Dutch exchange that carried over EUR300M of regulated assets onto-chain.
Instead of following the trends, Dusk is interested in establishing infrastructure which financial markets can rely on. It is not about noise but it is about readiness.
