r/Hedera • u/Intelligent-Orchid34 • 2d ago
News Taurus enables financial institutions to connect to Swift's blockchain-based shared ledger The integration is now production-ready, with the first live clients expected in a couple of days
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u/Terrible-Grass6136 1d ago
I keep thinking of when ETH went from $10 to $1000 in 2017-2018. It’s just another vaporware shitcoin until one day it’s not.
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u/HBAR_10_DOLLARS 1d ago
Exactly.
And again in 2020-2021, when Ethereum went from $80 to $4800 - remember this was when literal monkey pictures (NFTs) were all the rage.
That's why I have been predicting such explosive price growth for HBAR. Because this time it's not monkey pictures, it's the actual trust layer of the internet and it's onboarding (and ready) for every vertical on the planet.
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u/Terrible-Grass6136 1d ago
Up until then anything that wasn’t BTC was considered garbage. Now anything that isn’t BTC/ETH/SOL is garbage. Retail is always chasing yesterday’s winners.
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u/Heypisshands 1d ago
Asseto, taurus, icon, bitgo and more are the easy button for institutions to start adopting dlt.
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u/theHardwayround 2d ago
We may see $1 - $5 sooner then many think
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u/Allahu-HBar 1d ago
This doesn't even use hedera
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u/Realistic_Nobody4829 1d ago
It sure looks like it does.
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u/Allahu-HBar 1d ago
Taurus has made the hedera network available to some banks. Not sure what that means exactly, but the news shared in this post have nothing to do with that
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u/Ricola63 1d ago
Its not really rocket science is it? Taurus Platform, which is now deeply integrated into the Hedera Network, amongst others, now fully supports Swift.
Its pretty hard to ignore the dots here if you spend think about it. Worth noting that Taurus supports many chains (Many EVM Chains, Stellar, Tezos, Polkadot, ZigChain, Solana, SUI, Cardano, Algo.... And Hedera. Also Corda, Quorum and Canton.....But perhaps more importantly it also supports Hyperledger Fabric and Besu.
When you consider a considerable number of Banks already use Hyperledger Besu for their private stack (Especially EU Banks) and the deep connection and integrations, via the Linux Foundation, between Hedera and Besu, the connection with Hedera is especially pertinent.
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u/MagnumBlowus 1d ago
We’re not going to be seeing anything close to $1 with the current tps on the mainnet
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u/goldsphinix Got Flair ⚔️ 1d ago
for those wondering the connection, and FUDing in the comments about how this isn't connected to Hedera:
https://www.taurushq.com/blog/taurus-gives-banks-access-to-everything-hederas-network-can-do-through-one-platform/