Dusk Network: the Privacy Blockchain for Financial Applications
FAST & CONFIDENTIAL TRANSACTIONS Strict on-chain data privacy via Zero-Knowledge proofs
A distributed Financial Market Infrastructure (dFMI) should provide clear and final settlement of transactions. Moreover, the settlement of transactions should be instant or near-instant (<15s). The popular Proof-of-Work consensus mechanism used by Bitcoin and Ethereum does not address these requirements.
Therefore, we designed a more performant consensus called Proof of Blind Bid to preserve privacy in the network, and directly settle transactions within 15 seconds.
Powered by Zero-Knowledge technology, organizations use Dusk Network to issue tokens that are governed by privacy preserving smart contracts. Harnessing the power of DLT while respecting confidentiality agreements, and data protection legislation.