Handling the Sensitive Information Without Going against the Rules
Dusk is designed for instances where the data cannot be shared in its entirety. This would include things like identification verification, financial data, or assets that are governed. The key to the operation here is that the system operates through privacy by design allowing users to prove a point without having to share the data. This is a way of saying that instead of proving what,you prove that
The recent updates on the Dusk project involved work on compliance layers and smart contracts tools. These tools allow institutions to be compliant with requirements, such as audits, without compromising privacy for users regarding their own data. There is on-chain activity regarding test networks of confidential assets, which is not hype from the retail side; this is an important indicator.
The DUSK token has a role to play in securing the system and the payment for the private transactions. Why the current trend? Regulations are tightening, and those blockchains that support the handling of private information are not an extra, but the norm. Dusk has been positioning itself, and the progress has been behind the scenes.
