Amsterdam, The Netherlands, 22nd March, 2022, Chainwire
The privacy-preserving layer-1 blockchain enables businesses and consumers to reap the benefits of a public network for an array of financial applications compliant with legal requirements
Dusk Network, the Amsterdam based FinTech company, successfully launched its testnet called ´DayBreak´ today. With the launch of DayBreak, the public can interact with the network for the first time.
Dusk Network is a layer-1 blockchain protocol capable of powering privacy-preserving smart contracts that satisfy business compliance criteria. The network is secured by a novel and fast Proof-of-Stake (PoS) consensus with settlement finality guarantees, an important requirement for financial use cases. This opens up new opportunities for communities and organizations who are looking to embrace blockchain for their business and use it to address the inefficiencies of traditional finance.
Compliance and a real-world solution
Traditional financ
