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#dusk Dusk reminds us it has one: Finance must be structured in a structured way. Finance must work under rules, privacy, and trust—not public books. In its blockchain design, therefore, Dusk has created an environment where substantive financial activities can take place on blockchain.
The significance of this, however, exists in terms of timing. Tokenization, digital assets, and self-directed finance will no longer be in their experimental stages. The future of business will be comprised of frameworks which do not support complying with confidentiality.
Dusk does not attempt to oppose regulation. Rather, Dusk cooperates with regulation. Dusk offers the best of both worlds with controlled levels of transparency and programmable rules that give all parties what they want without having to sacrifice the positive aspects of decentralization.
While the financial sector marches towards a blockchain foundation, it’s the platforms that are set up for the real world that will win. Dusk is getting ready for that by emphasizing the importance of privacy, accountability, and longevity instead of mere hype.
Such an approach may not necessarily get many headlines, but it is exactly what large financial markets want when selecting technology to partner with for the long haul.#dusk $DUSK @Cellula Re-poster
Dusk is continuing to prove that truly robust blockchain infrastructure doesn’t have to be loud. It just needs to be good in the places they care about, such as finance and, most importantly, in a regulated industry such as finance.
In bringing a mechanism for the movement of funds, trade settlement, and compliance in the blockchain, Dusk has removed the adoption barrier of having to prioritize both efficiency and confidentiality separately in the world of financial players.
"The effect of all this is that what they've created is something that seems much more like "real-world" financial infrastructure than crypto-experiment stuff. Things happen in the background, and they're secure, they're verifiable, and they're resilient."
The more capital that flows into the digital assets arena, the higher the demand for such infrastructure will be. Those projects that are purely speculative in nature will find it hard to succeed, and projects for regulated platforms will be more desirable.
“Dusk is obviously going for the second approach. It's not a project that is trying to wow the world with its buzz. It is a project that is trying to become the layer where the actual financial systems feel safe enough to transact.#dusk $DUSK @Cellula Re-poster
#dusk $DUSK You can see the vision of Dusk more clearly when you examine its approach to complexity in more depth. The world of finance is complicated, broken into many layers and regulated across those layers in many ways. Dusk shows an awareness of this, rather than assuming that finance can be done on a simple publicly accessible ledger.
It has the potential to bring real-world assets on to the blockchain while staying within the regulatory framework that protects the market and market participants. This is what makes the difference between a potential application of the blockchain and a potential application of finance.
It also illustrates that decentralization does not imply a state of anarchy. It’s possible to follow rules through code, keep data a secret, and establish trust in a verifiable manner without the need for a central decision-maker. This is the delicate line that the Dusk project is attempting to walk.
As stablecoins as tokens and on-chain settlement become more mainstream, the role of platforms such as Dusk is likely to increase in importance. These platforms are neither for speculators looking to get in early for the next big “pump” nor for markets looking for gain at any cost.#Dusk $DUSK @Cellula Re-poster
#dusk $DUSK The long-term value of Dusk is its alignment with the future path of finance as a whole. As more and more assets go on-chain, the demand for privacy, for compliance, and for auditability is only going to escalate.
institutions will not implement solutions that leak sensitive information and disregard the law. Dusk fixes the above issues by integrating privacy and the law into the basic architecture rather than an overlay.
Such a scenario enables banks and issuers of assets as well as investment funds to leverage the use of blockchain technology without exposing themselves to risk. They will enjoy the benefit of automation and speedy-execution of transactions.
However, Dusk also maintains the advantages that come with decentralization. None of the parties can control the chain; the trust is facilitated by cryptography and verifiable execution.
In the balance between innovation and responsibility, it’s these differences that set Dusk apart from other companies in the same industry. They are not focused on trends for the short term in a bid to compete with their rivals in a crowded marketplace. #dusk $DUSK @Cellula Re-poster
#dusk $DUSK The Dusk Network is all about one thing that the financial sector lacks the most: trust. Finances are disclosed in most blockchains, which can be risky for institutions. Finances in Dusk Network remain private, but the authenticity of all transactions can be verified. This makes it possible for banks, funds, and regulated platforms to operate on a blockchain without revealing confidential customer data and trading business. “Dusk” facilitates the management of digital securities. The process of issuing, trading, and settling can occur on the same network, following legal guidelines through the system of smart contracts. The end result: fewer delays, cost savings, and reduced opportunities for human mistake. Dusk Network isn't an attempt to improve or replace the finance industry. It's instead delivering the finance industry a better means of doing its work on the blockchain.#Dusk $DUSK @Cellula Re-poster