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Taurus co-founder warns banks need more than a Swift ledger

According to Taurus co-founder Lamine Brahimi, banks must build permissioned-ledger access, wallet tools, and smart-contract capabilities before using Swift’s tokenized-deposit network.

Reported · Written up by our desk · Market Structure

CoinDesk reports that Taurus co-founder Lamine Brahimi warned banks will need additional building blocks before they can use Swift’s tokenized-deposit network.

In particular, Brahimi said banks need their own permissioned ledger, along with wallet tooling and smart-contract capabilities, to participate effectively.

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