Deutsche Bank has launched a pilot project called Project Dama 2, aimed at addressing the regulatory challenges faced by financial institutions when using public blockchains. This project utilizes Ethereum's Layer 2 technology, attempting to mitigate regulatory risks through a dual-chain structure, such as issues related to the anonymity of transaction validators and the unclear flow of transaction fees. 🤔

Dama 2 is part of the Monetary Authority of Singapore's "Project Guardian," which aims to explore the application of blockchain technology in asset tokenization. While blockchain is seen as an opportunity to enhance the profitability of financial services, the role of banks within the crypto ecosystem remains up for discussion. What do you think? Feel free to share your thoughts in the comments!