Market
Which geographic regions will Project Dama 2 be first implemented by end of 2025?
2
Resolution / Starting Odds
Europe • 25%
North America • 25%
Asia • 25%
Other • 25%
Deutsche Bank announcements or financial news reports
Story
Deutsche Bank's Project Dama 2 Aims to Enhance Regulatory Compliance with Ethereum Layer-2 Blockchain
Dec 18, 2024, 01:36 PM
Deutsche Bank, valued at $1.5 trillion and Germany's largest bank, is developing a Layer-2 blockchain on Ethereum using ZKsync technology as part of Project Dama 2. The initiative aims to address compliance challenges faced by regulated financial institutions, such as the risk of transacting with criminals or sanctioned entities. The project includes a trusted verifier mechanism and grants regulators special supervisory authority. A minimum viable product is expected in 2025, pending approval.
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IBM • 25%
Ethereum Foundation • 25%
ZKsync • 25%
Other • 25%
US SEC • 25%
Other • 25%
European Central Bank • 25%
BaFin (Germany) • 25%
Other • 25%
Asia-Pacific • 25%
Europe • 25%
North America • 25%
Other • 25%
Asia • 25%
Europe • 25%
North America • 25%
Other • 25%
Africa • 25%
Asia • 25%
Middle East • 25%
Central Asia • 25%
Eastern Europe • 25%
Other • 25%
South Caucasus • 25%
Cost efficiency • 25%
Compliance and regulatory oversight • 25%
Transaction privacy • 25%
Speed of transactions • 25%
Africa • 25%
United States • 25%
Other • 25%
European Union • 25%
Other • 25%
Asia • 25%
Europe • 25%
North America • 25%