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#dusk $DUSK @Dusk

Dusk: Blockchain doesn’t necessarily have to tell everything

Imagine you are a financial institution trading a large asset on a blockchain.

The transaction has just been completed, and instead of only the people involved knowing the information, anyone can go to an explorer to see the wallet, the amount of money, and the transaction history.

Transparent? Yes.

Comfortable for businesses? Not quite.

This is the problem that Dusk Network wants to solve: building a blockchain for financial applications that require privacy, but still need verifiability and regulatory compliance.

Dusk uses technologies such as zero-knowledge proofs to prove that something is true without necessarily disclosing all the underlying data.

In simple terms:

Traditional blockchain:
“Here is my transaction—everyone can come and take a look.”

Dusk:
“You can verify that I did it correctly, but you don’t necessarily need to know all of my business secrets.”

What’s notable is that Dusk isn’t going the direction of “hide everything at any cost.” The goal is to strike a balance between privacy, compliance, and auditability—especially for real-world financial and tokenized asset use cases.

Because if traditional finance truly moves onto the blockchain, maybe businesses won’t want to turn their entire accounting ledgers into… a live TV program.

Transparency is good. Transparency for the right people, with the right information, is even better.

#binancep2pantoan

The seller asks you to transfer money to a different account

@Binance Vietnam

Assume you’re buying USDT on Binance P2P. After you place an order, the seller sends payment details. But when you’re about to make the transfer, they message you again saying their bank account has an issue and asking you to transfer to another account.

It might sound harmless, but this is the time to stop and check.

First, match the payment information shown in the P2P order with the account your counterparty asks you to transfer to. Don’t switch to a different account just because the seller says it’s theirs or someone they know’s.

If the information doesn’t match, contact them right away in the order chat and don’t carry out any further transactions outside the process. In particular, don’t make multiple transfers or send extra money with the excuse “to confirm the transaction.”

If you’ve already transferred and then something goes wrong, keep the proof of transfer and the chat history. If the two parties can’t resolve the issue, you can use the Appeal feature on Binance P2P to get help.

One rule I always find memorable:

Payment information changes mid-way = stop and verify.

Fast or slow P2P doesn’t matter as much as doing the transaction correctly. Don’t let an explanation that sounds reasonable make you skip the basic verification step.

#dusk $DUSK

A company doesn’t want its competitors to know what it’s buying

@Dusk

Imagine a company purchasing a large amount of assets on the blockchain.

If every transaction is public, competitors only need to open an explorer to start investigating:

“What is this wallet buying?”

“How much money?”

“Who is it trading with?”

“Well, the business strategy is all exposed—what’s the point?”

Blockchain is famous for transparency, but with traditional finance, 100% transparency can sometimes be a problem.

Dusk takes a different approach: using zero-knowledge proofs and privacy-preserving transactions so sensitive data can stay hidden, while the information needed can still be verified or selectively disclosed to authorized parties.

In simple terms:

Not “hide everything.”
But “don’t make everyone see everything.”

Especially for managed assets and financial applications, this is a very practical problem. Dusk aims to bring workflows such as issuing securities, trading, settlement, and compliance on-chain while still maintaining the necessary privacy.

Because a business that has to announce every transfer to the whole market…

Blockchain may not necessarily need more users, but it definitely needs more curtains.

Is everyone in the family participating in this event today?
Unfortunately, this year I couldn’t find <0-9]{11}@Binance Vietnam
$BNB

#binancep2pantoan

@Binance Vietnam

P2P: The buyer transfers insufficient funds but asks you to still complete the order

Suppose you are selling USDT on Binance P2P at a price of 20 million VND. The buyer notifies you that they have paid, but when you check your bank account, you only receive 19.5 million VND.

The buyer explains that the bank deducted fees or that they “transferred by mistake,” and asks you to confirm the transaction first, with the remaining amount to be handled later.

In this case, don’t rush to release the USDT.

Check the exact amount of money you actually received and match it against the order amount. Don’t rely on the promise that the counterparty will transfer the missing funds later.

If the two parties cannot agree on how to handle it, keep the transaction evidence intact and use the Dispute/Claim feature on Binance P2P to get support.

Simple principle: The money received must be verified in reality before confirming. Don’t let a few rushed minutes turn a normal transaction into a difficult problem to resolve.

#dusk $DUSK

The company just transferred money, and the whole market knows

@Dusk

Imagine a company trading assets worth millions of dollars.

The problem is that after every transaction, the opponent can see on-chain and start inferring:

“How much did this wallet just buy?”

“What assets are they accumulating?”

“Who are their partners?”

“Wait—did their business strategy get exposed?”

Blockchain is transparent to the point that sometimes… it’s a bit too transparent.

This is one of the problems Dusk wants to solve. Dusk is built for financial applications that need security—protecting balances, positions, counterparties, and transaction data—while still being able to create proofs so the permitted parties can verify. (Dusk)

What’s interesting is that Dusk doesn’t follow the “privacy = hide everything” approach.

Instead, it uses selective disclosure: information that needs to be public is made public, sensitive information is kept private, and regulators or authorized parties can still receive the evidence necessary. Dusk uses zero-knowledge proofs and the Phoenix transaction model for secure asset transfer flows. (DOCS)

Just for fun:

A normal blockchain:
“This is my transaction. Feel free to go take a look.”

Dusk:
“You can verify that I did the right thing, but that doesn’t mean I have to put my entire ledger on an LED screen.”

If blockchain wants to go deeper into traditional finance, maybe privacy isn’t something that needs to be removed.

Maybe it’s actually what helps organizations dare to go on-chain from the very beginning.

#45NgayTuDoTaiChinh #RWA

#binancep2pantoan

@Binance Vietnam

P2P scenario: The counterparty requests to cancel the order after you have already paid

Suppose you are buying USDT on Binance P2P. You have transferred the correct amount according to the order details, but then the seller messages that they want to cancel the transaction because “the current price has changed” and asks you to cancel the order yourself.

In this case, don’t agree right away just because the counterparty asks.

First, re-check the order status and confirm whether your payment was made correctly according to the information provided. Keep the transfer history and all content of the conversation in the P2P chat.

If the seller asks you to transfer additional money, to another account, or to make a transaction outside of Binance, you should not follow their instructions on your own.

If both parties cannot resolve it, use the Appeal feature on Binance P2P and provide proof of payment to get support.

The key point is to not let the counterparty’s change of mind cause you to act hastily. With P2P, always check the correct process before deciding on the next step.

#dusk $DUSK
@Dusk

DUSK: A financial blockchain that doesn’t need to spell out every cent to the whole world

Crypto has a rather interesting specialty: when you send money to someone—how much you send, and which wallet they have funds in—sometimes it only takes a few clicks for the entire Internet to see it.

Transparency is good, but try imagining your company managing a large asset portfolio while a competitor can sit and inspect every on-chain transaction. A bit… lacking privacy.

That’s the problem Dusk is aiming to solve.

Dusk positions itself as a secure, privacy-focused on-chain finance blockchain, with mechanisms such as private transactions, zero-knowledge proofs, and selective disclosure. The goal is to let financial applications keep sensitive data confidential while still being able to prove the necessary information to authorized parties. (Dusk)

A quick, lighthearted way to put it:

Traditional blockchain:
“Here’s my wallet, here’s my balance, here’s my transaction. Everyone, please come take a look.”

Dusk:
“Information can still be verified, but you don’t necessarily have to hang a public billboard in the marketplace.”

One point I find particularly noteworthy is that Dusk isn’t just talking about privacy for crypto. They’re focusing on managed financial workflows like tokenized securities, settlement, compliance, and the digital asset market. (Dusk)

Of course, no matter how great the technology is, real-world adoption is still the toughest test.

But if the future of finance truly moves on-chain, maybe the question won’t be “Is blockchain transparent?” anymore.

It’ll be:

“Transparent to whom, and to what extent?”

Dusk is betting that the answer doesn’t have to be: “Everyone gets to see everything.”

#RWa

P2P: The buyer requests that you receive money from another person’s account

You are selling USDT on Binance P2P. After placing the order, the buyer informs you that they cannot make a transfer from their own account and asks someone else to transfer the money instead.

The funds have been transferred to your bank account, but the sender’s name does not match the information of the person who is conducting the P2P transaction.

In this situation, don’t rush to release the USDT just because the money has arrived in your account. Carefully check the transaction details and save all relevant evidence.

If the payment information does not match the order agreement, or you feel there are signs of something unusual, you should temporarily pause the transaction and use the Appeal feature on Binance P2P to get assistance.

Most importantly, do not arbitrarily transfer the money back to another account just because the counterparty requests it. Handle the transaction through Binance’s procedures to minimize risk.

A safe transaction isn’t only checking that the money has arrived in your account—it also means verifying that the payment matches the transaction details.

@Binance Vietnam

#BinanceP2PAnToan