In the transparent world of public blockchains, privacy has become the most scarce resource.

Imagine JPMorgan or BlackRock planning to deploy billions of dollars on Ethereum; once a transaction starts, the entire network knows about it. Quantitative bots analyze your intentions and immediately rush in to push the price up—this is why many institutions are hesitant to enter the market in large quantities. Public blockchains are like glass houses, with no secrets in transactions.

What do true institutional liquidity need? Not anonymity, but the protection of business secrets within a compliant framework. This is the core issue DUSK aims to address.

Through zero-knowledge proof technology, DUSK allows institutions to prove the legality and solvency of their funds to regulators while fully hiding the specific composition of holdings and trading strategies. In simple terms, it adds a privacy layer to institutional-level trading activities on the blockchain.

This design is particularly significant for bringing RWA (Real World Assets) onto the chain. Traditional financial institutions manage trillions of assets, but their biggest concern is that competitors can see every move they make. Without privacy protection mechanisms, these funds cannot be massively onboarded onto the chain. Some projects promote RWA scenarios but overlook this fundamental issue, making it difficult to truly realize.

What DUSK does is clear—it's not just selling anonymity features, but providing a sense of security for institutions to participate. Enabling large capital to operate confidently on the chain is the prerequisite for a mature RWA ecosystem.