Fast & Confidential transactions: Proof of Blind Bid
More than just privacy
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.
The power of permissionless smart contracts and the privacy of permissioned ledgers: at the fingertip of any size enterprise.
- Emanuele Francioni, Project & Tech Lead
Encouraging Global Collaboration
Collaborate at scale
Banking on the benefits of public and open source DLT, participation is affordable and cost-efficient. Any business can access privacy-preserving blockchain infrastructure for global collaboration at scale.
Users are incentivized to connect their computers to the network, run a blockchain node and participate in the network upkeep.
Designing for Compliance
Safeguarding rights & data protection
Dusk Network is designed for safety and compliance with global regulation and local legislation. By utilizing zero-knowledge cryptography and advanced encryption methods, we empower businesses to comply with the GDPR and financial market directives. Enabling them to safely engage in global alternative finance.