When it comes to the application of blockchain in the financial sector, there's an unavoidable old question: how to find a balance between protecting privacy and meeting regulatory requirements?

Dusk Network's approach is worth a look. The technical architecture of this project is quite interesting — it neither blindly pursues absolute privacy at the expense of regulation nor compromises user privacy for compliance.

In terms of privacy, they use a multi-layer encryption scheme. From data transmission, storage to processing, each stage is protected. Additionally, they have set up configurable regulatory interfaces, allowing regulatory authorities to supervise based on actual needs. This way, users' privacy is safeguarded, and regulatory requirements are also met. This design is especially useful for application scenarios like securities trading and cross-border payments, where privacy and compliance are both strictly enforced.

Ecosystem development often reflects the true quality of a project. Dusk Network has put effort into this area, establishing a comprehensive developer support system, providing rich application templates, and significantly lowering the entry barrier for developers. This means more applications have the opportunity to run on this network, making the ecosystem increasingly active.