Many blockchain projects are pondering the question of "can it run." But from Rayls Labs' perspective, it's different—they're asking: Can the traditional financial processes in the real world be stably and sustainably hosted on the chain?

This may not sound very glamorous. Clearing, settlement, compliance review, asset lifecycle management... these are all granular tasks. But surprisingly, these details determine whether the entire system can truly be accepted by financial institutions.

Once central banks, commercial banks, and clearinghouses all participate simultaneously, the nature of the chain changes completely. It is no longer just an experimental tool in a lab, but a real execution layer—carrying actual fund flows and settlement processes. This is the fundamental difference between "can it run" and "is it practical."