Dusk: Building a New Privacy Paradigm for Compliant Finance When traditional financial institutions explore blockchain, they often face a dilemma: public blockchains are transparent but expose trade secrets, while privacy blockchains struggle to meet stringent financial compliance requirements. Dusk Network, founded in 2018, is a Layer 1 blockchain designed to solve this problem. It is not a general-purpose public blockchain, but rather precisely positioned as a "compliant privacy financial infrastructure," with its core mission being to embed the rules of financial activities into the underlying protocol through technology. It aims to provide institutional applications and trillions of dollars of real-world assets with an on-chain channel that rigorously protects transaction privacy while seamlessly meeting global regulatory audit requirements. Dusk's core innovation lies in its unique "auditable privacy" design and "modular architecture." It utilizes advanced cryptographic technologies such as zero-knowledge proofs to encrypt all details of on-chain transactions (such as parties and amounts) by default. However, unlike systems that pursue complete anonymity, Dusk allows legally authorized regulators to conduct compliance audits of specific transactions when necessary through a "selective disclosure" mechanism. This design fundamentally unifies privacy rights with regulatory requirements such as anti-money laundering. Its modular architecture allows developers to flexibly configure compliant components according to different regional regulations, like building blocks, to quickly construct compliant financial applications. Based on this dual characteristic, Dusk demonstrates clear and unique value in two major areas. First, it is the ideal infrastructure for the compliant tokenization of real-world assets, enabling traditional assets such as bonds and private equity to achieve trusted on-chain recording and circulation while protecting business privacy. Second, it provides a secure sandbox for traditional institutions to explore compliant on-chain finance. Dusk's practices provide a key paradigm for the industry: blockchain does not necessarily have to choose between transparency and anonymity; its technology can enhance the existing financial system while paving a trusted and efficient bridge for large-scale asset digitization in the future. @DuskFoundation $DUSK #Dusk