35. Dusk

Company: Dusk

Founder: Emanuele Francioni

Website: https://dusk.network

 

About Dusk

 

Our mission is to unlock economic inclusion by bringing institution-level assets to anyone’s wallet. Dusk has the only privacy-first technology to bring classic finance and real-world assets on-chain. Dusk was founded in 2018, and just finished 5 years of research and development to create a blockchain that is able to facilitate this, with build-in compliance for financial regulations.

Our tagline is Regulated and Decentralized Finance. This includes regulated finance that is also decentralized, regulated, classic finance, and decentralized and novel finance. We are building the tools for anyone to transact in a way that is private and compliant, and builders, users, businesses, and institutions will use our technology in the way that best suits their needs.

We find ourselves in a strong position in terms of partnerships, both with traditional institutions and newer blockchain companies. We are heavily focusing on running pilots to use our technology for a variety of use cases, from tokenizing traditional assets to new and innovative ideas that are only possible using blockchain. It’s incredibly exciting to see how some of the smartest people out there are envisioning using our technology and the game-changing possibilities that come with being able to tokenize real-world assets.

We are also investing in and actively supporting other projects in our space, including OutDID, and we look forward to continuing to work hand-in-hand with anyone who values privacy and the mass adoption of blockchain technology.

Back when we were founded, there weren’t really any regulations around blockchain and all we had was a belief from our founders that regulations would come and that people from all walks of life would want to tokenize real-world assets. With the introduction of MiCA and EUDI to name a few, and the amount of institutions beginning to use blockchain, we see how right they were.

We want to reiterate our three pillars when it comes to what we are building; bringing real-world assets to people’s wallets, compliance, and privacy. These three pillars underscore everything we’re building and every decision we make.

We want everyone to have access to real-world financial instruments and to exert complete control over that which they own. Blockchain has not only made self-custody of any asset possible but it’s also made it possible to remove the barriers to entry for trading and innovating on traditional financial assets.

Without compliance, mass adoption remains a fantasy. This is why we are such strong proponents of Regulated Decentralized Finance (RegDeFi). Without compliance and well-made regulations, crypto can never leave the crypto sandbox. So, it is of huge importance to us to not only stay compliant ourselves but to build in automated, programmable compliance so that anyone who builds on our network can stay compliant too.

Finally, privacy. Dusk is often spoken about with other zero-knowledge projects, and while this makes sense because zero-knowledge proofs are a key part of our tech stack, what we are building goes far beyond what is often said. We believe that privacy is, first and foremost, a right. We also recognize that without privacy institutions and traditional finance will never be able to use blockchain in a meaningful way.

The future of finance shines bright!