#dusk $DUSK @Dusk
Why is privacy necessary for on-chain financial markets?
Publicness is one of the main features of blockchain. Imagine an investor who buys a large package of assets. On a fully transparent blockchain, their balance, transaction history, and trading actions may become accessible to competitors. For professional market participants, this kind of transparency can be a problem🙄
@Dusk Foundation builds infrastructure on a different principle: financial information must remain private, but the necessary data should be available to those who have the right to verify it.
This is where selective disclosure comes in. A participant is not required to reveal all information on the network. They can provide a specific piece of evidence or data for a particular check—for example, confirming compliance with requirements. This is especially important for regulated finance, where confidentiality, control, auditing, and rule compliance are needed at the same time.
So, privacy in Dusk is not an attempt to hide financial transactions. On the contrary, it’s a way to create an environment where blockchain can be used by professional participants without the need to publish all of their financial activity👍👍👍
Why is privacy necessary for on-chain financial markets?
Publicness is one of the main features of blockchain. Imagine an investor who buys a large package of assets. On a fully transparent blockchain, their balance, transaction history, and trading actions may become accessible to competitors. For professional market participants, this kind of transparency can be a problem🙄
@Dusk Foundation builds infrastructure on a different principle: financial information must remain private, but the necessary data should be available to those who have the right to verify it.
This is where selective disclosure comes in. A participant is not required to reveal all information on the network. They can provide a specific piece of evidence or data for a particular check—for example, confirming compliance with requirements. This is especially important for regulated finance, where confidentiality, control, auditing, and rule compliance are needed at the same time.
So, privacy in Dusk is not an attempt to hide financial transactions. On the contrary, it’s a way to create an environment where blockchain can be used by professional participants without the need to publish all of their financial activity👍👍👍
