Deutsche Bank launches Layer 2 blockchain network based on ZKsync technology
On December 19, German financial giant Deutsche Bank is developing an Ethereum Layer 2 blockchain network based on ZKsync technology. The project aims to address the compliance challenges of public blockchains in regulated finance by improving transaction efficiency and strengthening regulatory compliance.
This development is part of the Project Guardian initiative driven by the Monetary Authority of Singapore (MAS), with Deutsche Bank's L2 network named Project Dama 2. The project brings together 24 financial institutions to explore the potential for tokenizing blockchain assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Atmos Energy forecasts 6%-8% annual EPS, dividend growth through fiscal 2030
Dark Defender: XRP Wave 3 Is On a Ballistic Missile Ramp
ISS targets 2026-28 organic growth above 5% annually, 2028 operating margin 5.5%-6%
ISS targets over 5% annual organic growth through 2028 under new mid-term plan
Crypto prices
More
