Founded
2018
Company Size
11-50 Employees
Headquarters
Amsterdam, The Netherlands
About Dusk Network B.V.
Dusk Network is the Privacy Blockchain for Financial Applications. A new standard for compliance, control and collaboration. Our mission is to enable any size enterprise to collaborate at scale, meet compliance requirements and ensure that personal and transaction data remains confidential. Companies use the Dusk Network blockchain to issue tokens, trade and collaborate via smart contracts.
Product / Service Description
Dusk Network is a layer-1 blockchain infrastructure. A distributed Financial Market Infrastructure (dFMI) that provides clear and instant final settlement of transactions. Zero-Knowledge cryptography is applied throughout all layers that comprise the Dusk Network. It is the only blockchain infrastructure that offers absolute data privacy on an open source and public ledger. Dusk Network features a Smart Contracting layer that is used for various use cases in the financial sector. Similar to Ethereum, our VM is deterministic and features various token standards (XSCs) that power different business models. Most suited for applications that require strict on-chain data privacy. XSC token standards are commonly used for: Security Tokens, Tokenized Securities, Tokenized Share Registery, and more..
Solution Description
Fast & Confidential Transactions: Proof of Blind Bid Settlement finality within 15 seconds, full data privacy in the consensus layer, transactional layer and contract layer. Even gas payments have strict confidentiality, all the while guaranteeing low latency and fast finality. Encouraging Global Collaboration Unlike, costly participation in private and permissioned blockchain consortia, the Public and Open Source Dusk Network is affordable and cost-efficient. With Dusk, any business can access privacy-preserving blockchain infrastructure. Safe & Compliance Comply with existing legislation, such as GDPR data protection regulation, and financial market directives. With security as our number one priority: we use formal verification techniques to prove the correctness of the underlying algorithms, the technology is hardened by testing, and libraries and code are in progress of audits and peer-review.
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