What’s the bottleneck in the integration of traditional finance and blockchain? Ultimately, it all comes down to one issue: public blockchains need transparency, but financial transactions require privacy and regulation.

Dusk Foundation is trying to break through. They have built a Layer 1 blockchain specifically designed for regulated financial scenarios, using zero-knowledge proof technology to implement a clever solution—transaction details are kept confidential from ordinary network participants, while authorized regulatory agencies can verify them. It sounds a bit complex, but this precisely meets the requirements of modern financial regulations. In simple terms, it allows regulators to see what they need to see without sacrificing privacy.

This logic has already been implemented in actual products. The DuskTrade platform has partnered with licensed exchange NPEX, aiming to bring hundreds of millions of euros of securities assets onto the compliant blockchain. This is not a small feat; it’s about building truly financial-grade infrastructure for digital asset trading.

The recent launch of the DuskEVM mainnet marks a turning point for the entire ecosystem. Developers can now build applications with native privacy features using the familiar Solidity language, significantly lowering the barrier to entry. From private credit, on-chain government bonds, to complex derivatives, various product forms are now possible.

Ultimately, Dusk is not trying to rebuild a financial system but rather to equip the existing system with a more efficient intermediary—protecting privacy, satisfying regulation, and enabling rapid innovation for developers. This concept of “selective transparency” might just be the key to truly integrating traditional finance with the on-chain world.