Tuesday, October 23, 2018


BIG plays big role in ‘game changing’ CULedger program

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Many of us have already heard about the game-changing CULedger program – a collective effort to build a private, distributed ledger network (similar to Blockchain), dedicated to the unique needs of credit unions. Credit union technology think tank Best Innovation Group (BIG) is leading this consortium on the tech side, which consists of CUNA, Mountain West Credit Union Association, and a growing list of credit union industry partners. BIG will research, develop, and pilot potentially useful applications for members such as trusted and portable identity in which credit unions can drive and become a leader.

Banks struggle to make blockchain fast and secure

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Blockchain has become the financial markets’ biggest buzzword as banks seek modern ways to resolve old problems. But the technology is overshadowed by questions about how it can be made both secure and fast enough for large financial institutions.


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