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Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues – TON BOT

Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues

Deutsche Bank is developing a layer-2 blockchain on Ethereum to address regulatory challenges faced by financial institutions. The platform, Project Dama 2, aims to streamline asset servicing and offer cheaper transactions using zero-knowledge proof technology. Traditional finance players like JPMorgan and Visa are also exploring blockchain solutions for asset servicing.


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