Former Mastercard Executive Joins CULedger Consortium as CEO
CULedger, a consortium of credit unions developing distributed ledger technology systems, has announced the appointment of a new CEO.
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.
With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.
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.