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Rayls blockchain launches today, aiming to combine traditional and decentralized financial ecosystems
Rayls offers the perfect combination of traditional financial privacy, security and compliance with decentralized finance innovation, enabling institutions to achieve operational efficiencies, optimize liquidity and drive growth.
With Rayls, institutions can implement tokenization of financial and real-world assets (RWA), streamline cross-border and intra-institutional deals, and soon use DeFi protocols in a compliant manner. “By building a new solution focused on the needs of global financial institutions, Rayls aims to champion the best of the TradFi and DeFi worlds to accelerate the benefits of blockchain across the entire financial industry.” says Alex Buelau, co-founder of Parfin, the company that developed the initial version of Rayls.
Selected by Mastercard’s Start Path program and endorsed by industry leaders
Rayls’ innovative approach has earned major industry recognition, including second place in the G20 and BIS (Bank of International Settlements)-sponsored “Tech Sprint” program in India in 2023, and recent selection by the prestigious Mastercard “Start.” Path Program Blockchain and digital assets’.
Collaborations with the Central Bank of Brazil
Rayls is actively collaborating with the Central Bank of Brazil, which is testing the system as a private, scalable EVM solution for its Central Bank Digital Currency (CBDC) initiatives. It highlights Rayls’ potential to streamline payment processes, reduce costs and improve financial inclusion.
Rayls is both a permissionless public and a permissioned private system
The Rayls system is composed of the Rayls Public Chain, an Ethereum-secured Ethereum Layer 2 solution (currently in testnet phase), as well as a sophisticated system of permissioned private subnets that use Zero Knowledge (ZK) and homomorphic cryptography to enable transactions between counterparties in complete privacy, while offering high throughput and scalability.
The connection between Rayls’ private subnets and the public chain creates a fully interoperable network that combines enterprise-grade security and compliance with the flexibility of an open, permissionless EVM blockchain, ensuring a secure and transparent environment for all participants.
Empower financial institutions with Rayls
Rayls offers a robust, scalable infrastructure that enables financial institutions to build and manage advanced use cases, including:
- Tokenization of Financial and Real Assets (RWA): Develop tokenized financial products to improve efficiency, open new business opportunities, and maintain privacy and compliance.
- Cross-border payments: Implement faster cross-border FX payment solutions with total transaction privacy, real-time settlement and optimized liquidity.
- Secure real-time settlements: Ensure secure, transparent and efficient transaction processes across networks.
Future-ready financial services
“Rayls is redefining the future of finance by providing a unified blockchain ecosystem that meets the evolving needs of financial institutions,” said Marcos Viriato, CEO and co-founder of Parfin, the initial developer of Rayls. “Rayls offers the perfect combination of traditional financial privacy, security and compliance with decentralized finance innovation, enabling institutions to achieve operational efficiencies, optimize liquidity and drive growth.”
About Rayls
Rayls is a blockchain infrastructure provider dedicated to revolutionizing the financial industry with its unique UniFi blockchain ecosystem. Created by a multidisciplinary team of former bankers, cryptographers and engineers, Rayls combines the strengths of TradFi and DeFi, enabling financial institutions to innovate, grow and thrive in the digital age. Rayls is committed to rapidly delivering solutions that solve real problems for leading financial institutions around the world, with a focus on rapid production deployment. Contact Rayls at [email protected].
Contact with the media
Tess Pawlisch, Ago PR, 1 (608) 333-9788, [email protected]
SOURCE Rayls