What is Rayls?

Rayls is composed of the Rayls Public Chain (an Ethereum permissionless L2) and Rayls Privacy Nodes (high performance institutional blockchain infrastructure) that can connect to form Rayls Private Subnets (a permissioned blockchain system of connected Rayls Privacy Nodes). Combined, these products satisfy institutional requirements for privacy, scalability, performance, interoperability, governance and auditability.

The Rayls Public Chain functions just like any other Ethereum L2, with the exception that all accounts are KYC’d.
The Rayls Private Subnets allow financial institutions to create a permissioned EVM blockchain environment to connect financial institutions with full privacy and enterprise-grade scalability.

The Rayls Public Chain and the Rayls Private Subnets are interoperable, so, for example, a financial institution can tokenise an asset and then transport it to the public chain for distribution, and a DeFi protocol can be created in the public chain and used by the Subnets.