DAMA 2: multi-blockchain fund creation, distribution, servicing
DAMA 2, led by Deutsche Bank and powered by Memento's ZKchain and
Axelar's cross-chain interoperability, empowers asset managers to
simplify the complexities associated with multi-chain fund
distribution and asset servicing. It enables seamless
interoperability of digital cash and asset/fund legs between
chains, automates lifecycle servicing activities and consolidates
asset servicing books of record for ease of reporting and
forecasting.
Digital asset management & asset servicing modules
Asset managers can now compose and launch tokenised/digital native
funds on the Memento ZKchain within minutes, with an option to
layer on comprehensive asset servicing modules designed by
Deutsche Bank to manage their funds' lifecycle activities.
Governance modules: digital identity & managed confidentiality
Soulbound Token digital identity forms the core of DAMA 2's
on-chain & off-chain governance to enable various levels of
permissioning on smart contract, wallet, or application level to
facilitate KYC/AML/CFT/sanction checks & investor suitability
tests.
DAMA 2 will also implement permissioning on the Layer 2 ledger for
managed transaction confidentiality, allowing participants to view
only their own transactions while ensuring full regulatory
oversight.