There's an interesting project worth discussing—Dusk, a Layer 1 blockchain specifically designed for financial scenarios.

Its approach is quite different. Rather than being a general-purpose public chain, it’s more like a tailored infrastructure for financial applications. The most attractive feature is that it builds a modular architecture into a flexible "financial toolbox." Professional-grade applications needed by institutional investors and compliant DeFi products for ordinary users can all operate within the same ecosystem.

But the real highlight is actually the integration of privacy and compliance, two often conflicting qualities. Dusk incorporates these two features from the ground up. In other words, when users perform financial operations on the chain, their personal information is protected through encryption, while regulatory authorities can still conduct necessary audits and tracking. This design approach is still relatively rare in current financial blockchain explorations.

Compliance and privacy protection are often seen as opposing ends, but Dusk seems to have found a feasible balance. This opens up considerable possibilities for institutions looking to explore blockchain financial applications while meeting regulatory requirements.