Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.
CULedger will use the public ledger version of Hedera’s hashgraph to build a global system for cross-border payments.
The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.
The National Association of Federally-Insured Credit Unions has become the latest member of the Enterprise Ethereum Alliance.
CULedger, a consortium of credit unions developing distributed ledger technology systems, has announced the appointment of a new CEO.
The top regulator for US credit unions said in a new report that cryptocurrencies pose both risk and reward for institutions in the industry.
A blockchain initiative backed by a group of US credit unions has formed a new organization to support its efforts.
A blockchain initiative backed by dozens of US credit unions is set to give a live tech demonstration next week.
The credit union industry's distributed ledger initiative has sparked the interest of CUSOs, a group that has typically not collaborated much.
More than 50 credit unions are now laying the groundwork for what they believe could become the financial industry's first live blockchain project.