/biz/ - Business & Finance

>>21666563
Now, what exactly makes DUSK so unique compared to any other existing blockchain platform? Let's take a look at an answer from the team on the latest Binance AMA:

Question 5: How do you compare to other smart contract blockchains, or privacy blockchains for that matter?

>There are smart contract platforms OR privacy blockchains. before Dusk, the two were competing alternatives. And, there is a reason why privacy-oriented DeFi is not a thing outside of Dusk.
>Other protocols either offer privacy (required by regulations and securitized assets) or the capability of doing disintermediated processing through smart contracts. When you have a smart contract you need to spend gas. Permissionless ledgers have rewards in terms of coinbase tx. These are public information. We developed Phoenix as the only transaction model that allows confidential spending of public outputs.
>Additionally, no existing model allows for the native support of functionalities required by regulated securities, including dividend claims, voting, forced transfers, which was the main reason to create Zedger.
>This is exactly what the big corporations have been requiring for adoptions and what SMEs need to enter the decentralized market inexpensively...
>These kind of use cases lead to a staggering number of transactions, now all inexpensively at the fingertip of any size organization and individuals.

https://dusk.network/news/2020-binance-ama-recap

>>21317528
2:
>Leading player in the Central Bank Digital Currency meme
These guys are already closely advising the Dutch central bank (DNB) in the implementation of central bank digital currency.
Reference: https://dusk.network/news/dusk-joins-cbdc
For those not aware, privacy is HUGE in Europe, hence the emphasis on GDPR and privacy regulations in this part of the world. There is a lot more going on behind the scenes between Dusk and DNB- these guys are very crypto savvy and are no doubt already testing the possibilities with the Dusk platform for an implementation of the Dutch central bank digital currency.

Especially once scaling solutions such as zk-rollups are not far away from implementation to take transaction capacity to 3k+ TPS within the next 18 months, we are looking at a legitimate candidate for a privacy-enabled, legally compliant backbone of the Dutch Central Bank Digital Currency.