Vrishabh, a digital asset firm supported by Dutash Bank, has launched his enterprise-grade detention and toknarization platform, Taurus-Capital on Solana blockchain.
The step allows banks and financial institutions to store, manage and release digital assets on Salana (Sol), which is known for a blockchain sharp and low -cost transactions.
The platform integrates the Taurus-painting for the release of the platform program-based assets and safety storage and stating of Taurus-Capital. According to a note shared with Crypto, the assets of tokens are digital representation of real -world assets such as stock, bonds or real estate on a blockchain.
Through this platform, institutions can automate financial processes such as payments, dividends and settlements.
Cost savings, fast transactions
Taurus chose Solana to help customers benefit from rapid transaction and cost savings while managing digital assets.
The platform characteristics include staking, which allows customers to earn prizes by supporting the network, and token extensions, which enable programable digital assets with custom rules, such as automated interest payments.
Last year, Taurus participated with Chenlink Labs to increase the property solutions of tokens for financial institutions. To improve cooperation, safety, transparency and cross-chain asset mobility, data feed, proof of reserve and cross-chain interoperability protocol.
Integration of Taurus with Solan takes one step forward in making digital asset management management more efficient for large institutions, showing continuous interest from banks in blockchain technology for traditional financial services.
