Banks need their own permissioned ledger, wallet tools and smart-contract capabilities before they can use Swift’s tokenized-deposit network, Taurus’s Lamine Brahimi said. Banks need their own permissioned ledgers, digital-asset wallets and tokenization and smart-contract capabilities to connect to Swift’s new blockchain-based ledger. Swift’s ledger enables round-the-clock, cross-border transfers of tokenized deposits but serves as an orchestration layer rather than a replacement for banks’ int…
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