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Taurus Sees Three Obstacles for Banks on Swift Ledger

Taurus Sees Three Obstacles for Banks on Swift Ledger

Swift’s ledger can support live payments, but banks still need to build their own wallet, custody, and tokenization infrastructure. Taurus sees this mainly as a link to existing payment rails, not a replacement for them.

A crypto wallet is a type of digital wallet that allows you to store, receive, and send crypto.

A crypto wallet manages access to your coins through private keys or seed phrases. There are different types of wallets, such as hardware wallets, software wallets, and custodial wallets.