PANews December 18 news, according to Bloomberg, Deutsche Bank has launched a Layer 2 solution to address the compliance challenges faced by financial institutions using public blockchains, such as the anonymity of transaction validators, the flow of fees to sanctioned entities, and the risks of hard forks. As part of the Monetary Authority of Singapore (MAS) Project Guardian, the bank tested the Ethereum-based Project Dama 2 platform in November, developed in collaboration with Memento Blockchain Pte. and Interop Labs using ZKsync technology, aiming to achieve more efficient and cost-effective asset service transactions. Layer 2 allows banks to customize the list of validators and provides regulators with 'super administrator privileges' to review fund flows when necessary, while reducing reliance on Layer 1 transaction records. The project is expected to be officially launched after obtaining regulatory approval next year, providing a secure framework for regulated banks to explore the potential of public blockchains.