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ai powered financial solutions ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with ZKsync technology developed by Matter Labs.The chain will be "a public and permissioned L2," Omar Azhar, the head of business development at Matter Labs, told CoinDesk over Telegram.

ai powered financial solutions ✌️【365vc.net】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.When asked to elaborate, he referred a reporter to another participant in the project, Memento Blockchain, which did not immediately respond to a request for comment.

Generally "public permissioned" means anyone can see what's happening on the network but only authorized participants can do certain things.The project is a sign of a renewed interest in blockchain technology among institutions, as prices for various cryptocurrencies reach all-time highs.

It also echoes the private enterprise blockchains that were in vogue nearlya decade ago.

ai powered financial solutions ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!Those systems were disconnected from public chains like Ethereum and Bitcoin, though they sometimes borrowed code from them.According to the Bloombergreport, the bank is creating the layer-2 network in order to address regulatory compliance issues that come with public blockchains in finance.

(Regulated institutions have to know who they are dealing with, which is hard in completely open networks like the main Ethereum chain).

ai powered financial solutions ✌️【365vc.net】✌️Start investing in blockchain with just ₹500. Transparent, secure, and highly rewarding!The bank believes that by creating a layer-2 on top of Ethereum, it will improve the speed of transactions as well as address those compliance needs.ai powered financial solutions ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!