Many people enter the crypto world with a romantic imagination, thinking that Web3 is a fortress of freedom that can bypass various traditional restrictions. But reality is often more sobering. To truly promote the implementation of RWA (Real World Asset on-chain) and enable top-tier assets like Apple and Tesla to flow on the chain, the biggest obstacle is not technology, but taxation.

Consider this: US stock dividends are subject to a 30% withholding tax, and cross-border investment tax forms are even more complex. It's already frustrating within traditional systems; what about on the blockchain? Currently, no public chain can perfectly solve this problem. Why? Because performing automatic tax withholding on platforms like Ethereum means exposing users' complete income data, which is equivalent to "financial nudity" for large investors—absolutely unacceptable.

However, a project has keenly identified this seemingly boring but actually highly profitable gap. Dusk has employed a clever strategy: embedding the tax logic directly into the token's underlying standard, effectively giving each transaction a "hidden accountant."

Here's how it works: leveraging the privacy features of zero-knowledge proof circuits, when dividends are distributed, the smart contract can accurately calculate the payable tax without decrypting user identities or exposing total assets. It then automatically transfers the tax to the regulatory authority’s designated compliant address. Users receive fully compliant after-tax income, with their privacy data completely intact; from a regulatory perspective, they gain a more transparent and efficient tax collection channel than traditional banks.

This "privacy protection while fulfilling obligations" solution almost perfectly balances the needs of regulators and users. This is the true foundational basis for RWA to take off.