Major Credit Unions Will Unveil New Blockchain Tech Next Week
A blockchain initiative backed by dozens of US credit unions is set to give a live tech demonstration next week.
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.
Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.
CULedger, a consortium of credit unions developing distributed ledger technology systems, has announced the appointment of a new CEO.
A blockchain initiative backed by a group of US credit unions has formed a new organization to support its efforts.