<ul><li>Deutsche Bank is developing a layer-2 blockchain based on Ethereum to address compliance issues in traditional finance (TradFi).</li><li>The platform, named Project Dama 2, aims to utilize blockchain technology while mitigating risks related to public ledgers and transactions with sanctioned entities or criminals.</li><li>Project Dama 2 leverages ZKsync's zero-knowledge proof technology for cheaper and more efficient transactions, offering enhanced privacy and customization.</li><li>Deutsche Bank is partnering with Memento Blockchain and Interop Labs for the development of Project Dama 2, which is part of Singapore's Project Guardian.</li></ul>

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

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