CULedger Partners With Three US Credit Unions To Successfully Complete Trials For Blockchain Identity Solutions

CULedger has successfully completed a trial phase of a blockchain identity solution with three US-based credit unions, Cointelegraph reports. In a statement released by CUledger, the three credit unions which comprise of TruWest Credit Union, Unify Credit Union and Desert Financial Credit Union were all successful in implementing the MyCUID identity solution within their call centers.…

Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product

CULedger, a blockchain consortium and credit union service organization (CUSO), has chosen enterprise software firm R3’s Corda blockchain to underpin its forthcoming cross-border payments product. The news was reported by fintech news outlet Finextra on May 21. As reported, CULedger joined the R3 global blockchain ecosystem in December 2018. The blockchain CUSO implements the technology to improve cybersecurity and mitigate fraud risks, as well…