š Deutsche Bank is diving deeper into blockchain! The banking giant is building a layer-2 rollup network on Ethereum using Matter Labs' ZKsync technology. This "public and permissioned" L2 aims to tackle regulatory compliance while boosting transaction speed. š¦
- The project is part of Dama 2, a multi-chain initiative under Singapore's Project Guardian.
- It reflects a renewed institutional interest in blockchain as crypto prices soar.
- The L2 network allows banks to experiment with blockchain tech and offers regulators "super admin rights."
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