DUSK is doing something interesting — building a bridge between traditional finance and the Web3 world using privacy smart contracts. What is its core competitive advantage? It can directly compile legal terms and business agreements into executable smart contract code, which means that high-difficulty operations such as securitized asset issuance, confidential bidding, and cross-regional clearing and settlement, previously only possible through centralized institutions, can now be automated on the blockchain.

More importantly, it leverages the application of zero-knowledge proofs. Institutions can verify and establish trust with each other without exposing sensitive data — this is revolutionary for traditional capital markets. Data privacy and transaction transparency can finally be achieved simultaneously.

This is not just a simple technological upgrade but a complete rewrite of financial collaboration methods. Trillions of traditional assets going on-chain, from being limited by technical constraints to now having truly secure and efficient channels. For institutional investors, this opens up new possibilities.