Four_iv

Blockchain nie ma niedoboru eksperymentów. W ciągu ostatnich lat obserwujemy dezentralizowane wymiany, tokeny algorytmiczne i mnóstwo instrumentów finansowych działających z prędkością internetową. Jednak finanse regulowane oraz aktywa rzeczywiste to jedna z istotnych dziedzin, które nie zostały znacząco wpływowane przez publiczne blockchainy mimo całej innowacyjności.
To nie przypadek.
Większość istniejących blockchainów nigdy nie miała na celu spełnienia standardów prawnych, prywatności i zgodności, które regulują tradycyjne rynki finansowe. Fundacja Dusk zrozumiała ten brak na czas i postanowiła go naprawić w praktyce.

The decentralized finance has demonstrated that intermediaries are not needed to operate financial systems. What it has not quite conquered is how to work within the rules that dictate the real-world finance. Transparency, anonymity, and openness may be effective in experimental DeFi, but they cannot work in situations involving institutions, licensed assets, and legal responsibility.
This is where Dusk Foundation is going another way.
Instead of attempting to overlay compliance on top of the pre-existing DeFi architectures, Dusk Foundation is creating infrastructure in which compliance is not an afterthought, privacy is not violated, and decentralization is maintained. The outcome is a blockchain ecosystem that is built towards what some refer to as compliant DeFi - applications in the financial industry that are capable of operating within regulatory systems, but maintain the advantages of decentralization.
The Purpose Behind Dusk Foundation.
The organization under Dusk Network is Dusk Foundation; Dusk Network is a Layer-1 blockchain designed to be utilized in regulated financial processes.
The Foundation has been established in order to lead the long-term growth, management, and path of the network. It is not just a funder or marketer. It plays an active role in defining the development of Dusk Network, so the technology is in line with financial regulations, institutional demands, and practical implementation.
In its essence, the mission of the Foundation is evident:
empower decentralized finance that institutions and regulators can trust in.
The Reason why Traditional DeFi is not enough.
Openness is the default used to build most DeFi platforms. Anyone can see wallet balances, transaction history and contract interaction. Although such transparency has some advantages, it poses severe challenges to regulated markets.
Organizations are not able to publish sensitive financial information.Issuers are not able to disclose proprietary structures.The regulators cannot trust systems that are not accountable.
Consequently, a lot of DeFi is not connected to the traditional finance.
Dusk Foundation saw early that to be a system that may support real financial markets, blockchain requires a different foundation, one in which privacy, identity, and compliance are considered in the design and not as an afterthought.
Compliant DeFi by Design
As an infrastructure to enable compliant DeFi, Dusk Network was constructed.
This implies that Dusk financial applications can:
Impose regulatory provisions.Foster identity-sensitive involvement in where necessary.Secure confidential transaction information.Admit selective disclosure to audit and control.
Rather than complete public disclosure, Dusk allows controlled disclosure a model that is very similar to the off-chain operation of financial systems.
This strategy enables the decentralized systems to operate within the legal frameworks as opposed to attempting to evade them.
Privacy, Not Secrecy, But to the Service of Institutions.
Dusk Network Privacy is misinterpreted. It is not flipped as being covert or shirking. It is concerning financial confidentiality.
Dusk uses state of the art cryptography, with zero knowledge proofs to keep transactions and smart contracts secret, and be verifiable anyway. It implies the sensitive information about the sums of transactions, counterparties, or the logic of contract does not have to be revealed publicly.
Meanwhile, the compliance checks and regulatory requirements could also be implemented. Information does not have to be constantly displayed publicly because it may be necessary to reveal the information to the authorities on the legal basis.
This equilibrium is critical towards compliant DeFi.
Infrastructure of Regulated Assets.
Regulated digital assets infrastructure, such as: are one of the key areas of interest of Dusk Foundation.
Tokenized real-world assetsSecurity tokensDigital securities that are regulated.Settlement instruments of the institutions.
These assets are accompanied by legal obligations which the majority of blockchains cannot potentially uphold. Dusk Network has been built to process these needs firsthand, and it is now feasible to issue, administer and redeem controlled assets on-chain.
This makes Dusk a transition between the conventional financial market and decentralized infrastructure.
Secrecy and Smart Contracts and Financial Logic.
The most important aspect of compliant DeFi is the capacity to execute financial logic and not reveal sensitive data. This is supported by Dusk Network that provides confidential smart contracts.
Such contracts are able to run on-chain without exposing crucial information. This paves the way to applications like private issuance, regulated trading systems, confidential auctions and institutional settlement processes.
In the case of financial institutions, it is a mandatory requirement to apply blockchain technology in the production set-ups.
The Dusk Foundation Governance Role.
Dusk Foundation is a key stakeholder in making sure the network is developed in a responsible manner. Being a non-profit foundation located in the Netherlands, it does not aim at the short-term expansion but at the long-term sustainability.
It has the following duties:
Managing the protocol development.Funding the cryptography and privacy studies.Making sure that it is compliant with regulatory standards.Arranging ecosystem development and validators.
This framework can be used to develop trust in the institutions and regulators, who need security and clarity before embracing new technology.
Developing Trust in Decentralized Systems.
One of the largest obstacles to the adoption of institutional blockchain is trust. Dusk Foundation solves this through incorporation of transparent governance as well as adhering technology.
Instead of requesting institutions to alter the nature of finance, Dusk attempts to modify blockchain to current financial facts. This enables adoption to be less risky and suitable to controlled parties.
Compliant DeFi is not during one night the replacement of traditional finance. It is concerned with providing a step by step, plausible way forward.
Why Compliant DeFi Matters
Platforms that do not comply with the regulations surrounding the digital asset will have more and more restrictions as the world becomes clearer regarding the matter. Capital, institutions, regulated markets will tend to concentrate on infrastructure which can be accommodated in legal frameworks.
Dusk Foundation is planning to be there in that future on compliant DeFi initially, not as a response.
Final Thoughts
Dusk Foundation is developing something bigger than a blockchain. It is establishing the foundations of decentralized finance that can exist in reality - where privacy, regulation, and accountability are important.
Dusk Network can provide a viable alternative to fully public blockchains as well as closed, centralized systems because it concentrates on compliant DeFi.
The type of infrastructure that Dusk Foundation is developing will probably gain more importance as regulated finance moves on-chain.

$DUSK #dusk @Dusk_Foundation

Blockchain już przeszedł długą drogę, ale istnieje jeden duży problem, który nie pozwala na rzeczywiste wdrożenie, mianowicie regulowane finanse nie działają dobrze na otwartych, przejrzystych ledgerach. Prywatność jest wymagana przez banki, fundusze i emitorów aktywów, podczas gdy regulacyjni wymagają kontroli. Wielu blockchainów zmusza użytkownika do wyboru jednej z tych opcji.
Fundacja Dusk ma na celu rozwiązanie takiego problemu.
Dusk Network to organizacja działająca na poziomie Layer-1 blockchain, zaprojektowana do funkcjonowania regulowanych rynków finansowych. Nie jest to spekulacja czy szum, ale skuteczna infrastruktura, którą instytucje finansowe mogą wdrożyć.