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AI for Smart Business Process Automation ✌️【Working Hours】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!The L2 blockchain may also give regulators “super admin rights,” allowing them to look more deeply into the movement of funds, Chan said.Memento Blockchainannouncedthe L2 endeavor on Nov.

6, but it received little attention at the time.

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It is built with ZK Stack, a customizable toolkit that lets developers build their own blockchains based on ZKsync’s technology.The L2 is part of Dama 2,a multi-chain initiativeled by Deutsche Bank.

Dama 2, in turn, is part of the Singapore Monetary Authority's Project Guardian, which is bringing together 24 major financial institutions that are looking into ways to use blockchains to tokenize their assets.Margaux Nijkerk reports on the Ethereum protocol and L2s.

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