Taurus co-founder says Swift blockchain ledger needs critical internal layers

Lamine Brahimi, co-founder of digital asset infrastructure firm Taurus, said Swift’s blockchain ledger will need key internal layers before it can reach its full potential. He said the technology shows promise, but warned that missing infrastructure inside the system could hold back broader adoption. Brahimi pointed to identity management and data privacy solutions as examples of the layers still needed. Without them, he said, large-scale use may remain limited even if the ledger technology itself is sound. He also said financial institutions will need to confirm that any such system can meet strict regulatory and operational standards before moving ahead. In his view, building those missing layers is central to whether the effort can succeed. The remarks were cited by Techub News, which referenced CoinDesk.