Understanding the true value of a blockchain sometimes requires a different perspective. When I was researching Dusk, I suddenly realized that viewing it from the dimension of "securities and asset digitization" is the only way to truly understand what it is doing.

Many blockchains talk about asset on-chain but mostly stay at the surface level of tokenization. But when it comes to securities, equity, debt, and other such assets, the complexity skyrockets instantly. Privacy issues, compliance requirements, audit needs—all are indispensable.

In the real world, securities assets are not just about issuing a Token. Information disclosure must have boundaries, holding permissions must be controlled, and trading processes must be subject to regulation. These are standard infrastructure elements in traditional finance. Dusk’s approach is straightforward: it does not assume these rules will disappear but defaults to their long-term existence, then considers how on-chain systems can adapt to these real-world constraints.

When I looked into materials about Dusk, I clearly felt its emphasis on the question of "who can see what, and under what conditions." For securities and real assets, privacy design is not about resisting regulation but about preventing information from being indiscriminately leaked. Dusk emphasizes controlled visibility within a compliance framework—not full transparency, nor complete anonymity, but precise authorization.

Honestly, at first, this kind of design is not easy to package into an engaging story. But when you start to think about what types of assets might go on-chain, you realize: without this structural design, asset digitization is basically unfeasible. The issue is not about whether the technology works but whether the rules permit it.

Looking at this chain now, I am more inclined to understand it as "the infrastructure that pre-aligns rules for asset digitization." Its value is not in generating a high transaction volume but in having a ready-to-use system in place when real securities and assets finally go on-chain. That’s also why I continue to pay close attention to it.