Crypto and blockchain-focused financial firm Parfin has announced the creation of a new platform called Rayls, designed to enhance the privacy of the Brazilian central bank digital currency (CBDC) drex. The solution is capable of operating in a permissioned manner, where every account interacting with the system needs to go through a KYC process.
This platform also includes the Rayls public chain, which can be used as Ethereum L2 to interact with other open cryptocurrency projects. Parfin pointed out that this duality may ease the integration of regulated entities such as banks and other institutions in the traditional financial world with the DeFi space.
Parfin Creates Rayls Privacy Solution for Brazilian CBDC
2024-06-23 03:57:42
Focusing on crypto block finance company parfin announce createdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
