Traditional financial institutions have touched upon a longstanding blockchain dilemma: public blockchains are too transparent, making it easy to compromise business privacy and compliance requirements; switching to private blockchains, on the other hand, makes it difficult to gain market trust. How can this contradiction be resolved?

Since 2018, Dusk Network has been exploring this issue. Its positioning is very clear—a Layer 1 public chain tailored for regulated financial scenarios. Imagine applications like securities trading, asset tokenization, and compliant DeFi all running on it, capable of protecting transaction privacy while meeting audit requirements. It sounds like a win-win, but technically, it has indeed found a way.

The core secrets lie in two areas. First is "programmable privacy"—using cryptographic techniques like zero-knowledge proofs to make transaction details completely invisible to outsiders, thus protecting business strategies. Second is a smarter feature: an embedded "selective disclosure" mechanism. What does this mean? When regulators need to verify the compliance of a transaction, the system can prove this without revealing the entire account information. Anonymous to the public, transparent to regulators—that's the true balance.

Coupled with its modular architecture, developers can flexibly combine components to quickly adapt to different regional legal requirements. As a result, large-scale, compliant asset onboarding onto the blockchain now has a relatively feasible infrastructure to support it.