Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities! - page 132. (Read 145674 times)

It's quite refreshing to hear these words, whatever is going to be the result of your work it's clear you are making sure the technical side is covered and sound, instead of making fake promises just to fuel the hype.

If you get this to work you guys are going places 

That's a good question and a big problem nowadays. Projects signing with people just to get hype no real advise. Although dusk network is only sold on private-sale so creating fake hype won't make them any good.

There is some new people that joining the team these days, and they seems very competent. A new advisor is always a good thing. Dusk network seems to be a serious project with a good team, And it’s very important these days for a sucessfull project.

perhaps in the past there have been similar projects but in my opinion the strengths of dusk are to create their own network with safe and anonymous transactions that until now only few other projects have managed to offer, if the project will be successful, it will surely have a long-lasting front...

Security tokens in their peculiarity, require a well-structured team and hard work applied, so that at least it can reach the market, for that reason it is still an empty niche of projects, and for that reason attracts me easily, my only caution is with the work presented and the way it is done, so far I see this project with a potential in the average expected and ahead of many

Their concept is unique, I don't think that anyone else, except the project team will be able to implement it. They have people with experience in a similar direction.

Its good to see the team is slowly building itself to a strong project. Security tokens market is quite empty now and Dusk may bring some competition for the ones who wants to be there.

This gives me hope to the success of the project. I think you guys will do fine if you've managed to attract this talent.

Well we're a research project. What we're trying to do has not been done before, hence the need of all the advisors. Their expertise can help prevent some obstacles in the future, which (like any other project) are bound to happen.

So many advisors I can't even get it. Either you have many issues to be advised on all of them or you want everything goes smoothly and perfectly.

To help third parties to meet the legal requirements of their ownership transfer use-case, the Dusk protocol provides optional on-chain operations of white-listing (using Zero-Knowledge Cryptographic Accumulators). In the sensitive case of securities, we are also developing a Confidential Security Token Standard that allows third parties to issue security tokens on top of the Dusk Network (the XST standard). Security tokens implementing the XST will have both privacy (i.e. investment and market positions are not openly broadcasted on the ledger) and Regulatory Compliance data (transfer of these tokens can happen only if purchasers add to the transaction KYC data satisfying regulatory requirements) embedded directly in the transaction protocol.

Dusk decouples the (centralized) KYC/AML vendor process from the (decentralized) security issuance and transaction arbitration with the aid of time-locked accumulators. Cryptographic accumulators are ideal for implementing zero-knowledge white/black listing accreditation of (un-)compliant investors and automated accreditation. Also, expiry mechanism can be added for forcing rechecks. It roughly works in the following way: as soon as the KYC/AML process completes, the transactor identifier (basically his/her registered wallet address, but it can also be something else, i.e. biometric data, etc) is committed to the accumulator, which remains opaque and discloses nothing of its set. A witness (called compliance witness) is thus generated and returned to the applicant. Such witness is the proof of set inclusion. From that point on, all transactions related to that particular asset class (token) must include the compliance witness.

I hope this answers your question

Advisors:

• Aylon Morley — Tech Investment Director at Wentworth Hall

Aylon is helping us with managing investments.

• Gary Quin — Credit Suisse, BlackRock Communications

Gary is helping us in the Telecommunications field, gives us access to third-party consultants and is directing the commercial attractiveness of the project.

• Richard Sanders — CipherBlade, Energi, FBI

Richard is helping us by giving valuable insights in cybersecurity, intelligence and government space.

• James Roy Poulter — The Reserve, EY, Playfair Capital

James (TheReserve) is helping us with funding and partnerships. They manage our entire allocation.

• Marcel Roelants—  General Manager of BitPay, and former General Manager of GE and MasterCard

Marcel is helping us by providing his expertise in delivering growth and will help us get to the masses.

you can know them by evidence of video footage or conference image as proof of participation.

I know DUSK token is utility but STO might not be count as utility token. Is STO transfer to other platform or exchange require KYC? is there any white listing feature will be who already done KYC once?

Not to rain on your parade, but I have seen a lot of projects cheerily announce advisors only to give them tokens in exchange for their name. How can I be sure you are not just namedropping to create hype but have those advisors actually advise the project?

That's true there are always unexpected problems in any research so is difficult to put a deadline. I guess the have estimated one date taking into acccount all the possible problems.

Dusk Network basically focuses on providing the right confidentiality in the 3 different scenario that render the platform a true network:

1 - Unidirectional atomic transfer of value (basically, payments)
2 - Bidirectional atomic exchange of value (transfer of asset ownership - securities "STO's" fall in this category)
3 - Time unbound exchange of value (transmission of data stream - such as audiovisual conferencing, content streaming, etc)

If you have any questions, feel free to ask

The data revolution.. I dont see why data project are so hype this days..  Havent we seen lots of data project recently what is new about his one ? maybe i need to go through whitepaper before commenting