Blockchain Pilot Perform by Credit Unions

The US credit unions have reportedly begun the pilot of a blockchain-based digital ID system named the MyCUID. The CEO of Unify Financial Credit Union explained, “We’ve been told that the enrolment process is simple and quick and that they feel more secure when calling into the call center.” MyCUID is also reported is a KYC-compliant digital ID system developed by credit union-owned CULedger.

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