Blockchain and the credit union: the asset transfer revolution
A new whitepaper from Public Service Credit Union and payments consultancy Glenbrook Partners takes a closer look at the applicability of blockchain for credit unions.
Beware of blockchain hype
Blockchain is meant for money, not health records, home deeds and voting systems, says the CEO of blockchain startup Chain. Adam Ludwin told Forbes that those are “marginal cases that distract from blockchain’s core purpose. That purpose. . . is to replace a layer of the banking system and to turn money itself into a truly digital asset.” The technology will facilitate the transfer of digital assets in the future, not just recording the transfer of those funds.