Parfin's Ethereum Layer-2 chain, Rayls, was recently showcased in JP Morgan's blockchain-focused business unit's Project EPIC. The report highlights Rayls' secure and compliant identity solutions for regulated financial markets. JP Morgan's Kinexys Digital Assets (KDA) presented Rayls in the UniFi blockchain ecosystem, focusing on privacy and identity solutions. The report emphasized Rayls' privacy ledgers, decentralized blockchain communication, and regulatory compliance integration. It also discussed the growing asset tokenization market and the need for standardized privacy solutions. The report suggested scalability improvements for Rayls, such as a privacy pool approach using ZKPs. Rayls aims to bridge DeFi and TradFi by providing secure transaction solutions for banks globally. Parfin's CEO sees Rayls as a transformative tool for banking transactions, with plans for further innovation in the financial technology sector. Read more AI-generated news on: https://app.chaingpt.org/news