Credit Unions Turn to Blockchain Amid Increasing Competition

October 10th, 2016

"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
― Mark Twain

FORWARD

While the idea of credit unions working together on blockchain applications is not that new, this is the first we’ve seen that credit union service organizations are joining the fray.

Their reasoning: by partnering with credit unions and other stakeholders on the CU Ledger project, those firms put themselves in the right place to both capture market share and help push the project to that critical mass point. For them, with the state of the credit union sector as it is today, innovation is the name of the game.

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