When blockchain first emerged, everyone thought its appeal lay in complete transparency—all transactions recorded on a ledger, removing middlemen, and establishing decentralized trust. It sounded ideal, but when it came to using blockchain for financial services, this logic hit a wall.

The trust foundation of the financial system is not about "disclosing everything." On the contrary, it relies on clear rules, well-defined permissions, and controllable audits. Imagine which investment institution would disclose all transaction amounts, counterparty identities, and asset allocations? That's simply impossible. This is the dead end for blockchain entering the financial field—serious mismatch between technical architecture and financial needs.

Dusk Network's idea is completely different. It uses zero-knowledge proof technology to enable the network to verify transaction legitimacy and correct contract execution, without revealing transaction amounts, participants, or asset details. In plain terms: I can prove there's no problem, but I won't tell you the specifics. This "verifiable but confidential" mechanism opens up the possibility for blockchain to support complex financial products like securities, funds, and debt instruments.

What's smarter is that it doesn't pit privacy against compliance. On the contrary, Dusk designs selective transparency at the protocol layer—when needed, regulators can view key data under authorization for necessary checks. But ordinary users and third parties cannot see it. As a result, blockchain shifts from a compliance bomb to a technical tool that regulatory systems can accept.

From the perspective of financial institutions, this is not a disruptive replacement but an infrastructure upgrade that can be gradually integrated. Dusk respects existing rules while offering higher efficiency and automation potential. This pragmatic approach makes it particularly stand out among many public chain projects.