When it comes to blockchain, it's a nearly twenty-year story, but real big money has never truly flowed in on a large scale. Many blame immature technology, but that's not entirely accurate. The real core issue is that: blockchain is inherently at odds with the privacy and compliance standards of the financial industry.

Think about it—why would banks, brokerages, funds, and asset management firms operate on a public chain where everyone can see balances and transaction flows? Legally, that doesn't make sense; from a business perspective, it’s unfeasible.

This is the opportunity that certain privacy-focused public chains are targeting. From the moment of their inception, they never intended to serve retail users as transfer tools. Their goal is directly aimed at real-world asset tokenization (RWA) and institutional-grade financial markets.

Where is the core transformation? By leveraging zero-knowledge proof technology, they achieve a clever balance: transactions are executed on-chain, but transaction details, amounts, and participant identities are fully hidden, yet regulators can verify authenticity when needed. It sounds like black magic, but it’s essentially layering a "financial privacy shield" on the blockchain.

Imagine issuing stocks, bonds, fund shares, or even real estate income rights on this platform. The transfer, clearing, and settlement of these assets are all completed on-chain. But outsiders see nothing. In traditional systems, this is handled by exchanges, clearinghouses, and custodial banks—now all replaced by cryptography that transforms these processes into verifiable, automatically executable on-chain logic.

From a technical architecture perspective, this system is not just a simple support for EVM contracts. It is equipped with a native privacy contract layer (DuskVM) to handle privacy logic, and a high-performance settlement layer (DuskDS) to support transaction throughput. Every component is tailor-made for this purpose.