Distributed ledger technology

The credit union consortium will now be part of a global network comprised of more than 200 financial services firms, tech companies and more.

To convince skeptical bankers about the benefits of distributed ledger technology, some suggest it needs to be separated from the volatile digital currency it underlies.

Ron Quaranta and Steve Ehrlich with the Wall Street Blockchain Alliance talk about what’s working and what’s not with financial services blockchain projects.

Andrew Keys, co-founder of the venture capital firm ConsenSys Capital, has a vision of the future bankers might find chilling, in which banks and other middlemen are cut out of financial services.

BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million.

The credit card company's filings mirror patents Bank of America, Barclays and TD Bank have submitted in the past two years that focus on how funds transfers and data security would augment blockchain technology.

With Cybersecurity Awareness Month drawing to a close, CU Journal asked experts a simple question with no easy answers.

Self-sovereign identity solutions are becoming increasingly common as credit unions move away from less secure authentication methods.

Brian Behlendorf, the executive director of Hyperledger, explains why Hyperledger and the Enterprise Ethereum Alliance have joined each other’s organizations. 

Australian credit unions can teach American CUs a thing or two about effective use of blockchain and know-your-customer strategies.