This initiative falls under Singapore’s Monetary Authority-led Project Guardian, diving into the world of blockchain to explore the magic of asset tokenization. The Dama 2 platform dances on an L2 solution, syncing up with the Ethereum blockchain, one of the go-to ledgers in the crypto realm.

In the report, Deutsche Bank’s Asia-Pacific applied innovation lead, Boon-Hiong Chan, shared that the platform is designed to dodge risks like dealing with sanctioned groups and handling potential splits in blockchain records. Public blockchains like Ethereum throw unique curveballs at regulated financial bodies.

Project Dama 2, as Chan notes to Bloomberg’s Ryan Weeks, uses a double-layered blockchain approach to tackle these woes, possibly handpicking validators and giving regulators a VIP pass to oversight.

In partnership with crypto firms like Memento Blockchain and Interop Labs, Dama 2 harnesses ZKsync tech. This setup aims to streamline transactions while slashing costs, all while keeping regulators happy without cramping banks’ style in their blockchain adventures.

The project mirrors a growing trend where old-school financial giants are getting a taste for blockchain, driven by the squeeze on profits. In the Bloomberg report, Chan hinted that platforms like Dama 2 might just be the key to unlocking new financial efficiencies, all while staying within the safe harbor of regulation.

Deutsche Bank is gearing up to launch a basic version next year, pending the green light from regulators. “You are not dependent on the Layer 1 for detailed transaction records anymore,” Chan told the reporter.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。