Deutsche Bank Builds Layer-2 Blockchain on Ethereum for Regulation

user avatar

by Giorgi Kostiuk

2 years ago

Deutsche Bank's project to create a Layer-2 blockchain aims to solve regulatory challenges arising from the use of public blockchains in finance.

Introduction to Project Dama 2

In November, Deutsche Bank introduced a test version of 'Project Dama 2,' an asset-servicing pilot incorporating a Layer 2 solution. This technology leverages public blockchains while enabling more cost-effective and efficient transactions.

Innovative Technologies of Dama 2

Deutsche Bank's Layer 2 system integrates with Ethereum and uses ZKsync technology, developed in collaboration with crypto firms Memento Blockchain Pte. and Interop Labs. The new approach allows banks to experiment with public blockchains by establishing a 'more bespoke list of validators' for processing digital assets.

Partnerships and Future of Deutsche Bank's Blockchain

In December, Deutsche Bank announced a partnership with Crypto.com to provide banking services across Asia-Pacific markets, including Singapore, Australia, and Hong Kong. The bank will offer fiat-to-crypto exchange and cross-border trading services.

Deutsche Bank's innovations in L2 technology open new opportunities for the banking industry to manage and regulate digital assets in a safer and more efficient manner.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Justin Sun Prize Launched to Transform Scientific Research

chest

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

bdautomated Releases Verified AI Agent Statistics for 2026

chest

bdautomated releases a comprehensive dataset on AI agent statistics for 2026, tracing 75 widely quoted figures back to their original sources.

user avatarMaria Fernandez

Korea Blockchain Week 2026 Announces Key Sponsors and Speakers

chest

Korea Blockchain Week 2026 has unveiled its partner lineup, featuring major players in the digital asset industry, including Upbit, 0G, BRV, Stable, Tria, and BitGo. The event will take place in Seoul from September 29 to October 1, 2026, and will host key speakers discussing significant shifts in the digital asset industry.

user avatarGustavo Mendoza

Morgan Stanley's Bitcoin Accumulation Boosts Market Confidence

chest

Morgan Stanley has been actively accumulating Bitcoin through the ETF route, amassing approximately 622 million worth of the cryptocurrency this month.

user avatarRajesh Kumar

Microsoft Opens Public Feedback for AI Code of Conduct

chest

Microsoft is inviting public feedback on its draft Code of Conduct for AI models until late October, aiming to refine guidelines before finalizing them for 2027.

user avatarLuis Flores

Microsoft AI Releases Draft Code of Conduct for AI Models

chest

Microsoft AI has published a draft Code of Conduct outlining the expected behavior and limitations of its AI models, inviting public feedback for six weeks.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.