I’m seeing Dusk as one of those projects that quietly solves a problem most blockchains avoid. They started in 2018 with a clear focus: regulated finance still needs privacy, and public blockchains don’t give that easily. Dusk is a Layer 1 built specifically for that gap.
The system is designed so financial applications can run with confidentiality while still being provable and auditable. They’re using a modular setup, which means the chain can support different use cases without breaking compliance rules. Developers can build DeFi that follows regulations, issue real-world assets on-chain, and still protect sensitive data.
What stands out to me is the balance. They’re not choosing privacy over trust, or trust over privacy—they’re blending both into the foundation. The purpose is simple but powerful: make blockchain usable for institutions without stripping away user protection. If they execute well, this could be the base layer serious finance has been waiting for.
