New President/CEO John Ainsworth details his vision for distributed ledger technology.

The steering committee for CULedger, a blockchain network for credit unions, held its first meeting Thursday, setting the stage for credit union involvement with the innovative technology.

In a Thursday webinar, CUNA Chief Operating Officer/Chief of Staff Rich Meade invited credit unions to participate in the CULedger Open Source Project, a system-wide initiative exploring the potential of blockchain technology.

CUNA will offer a free member webinar on blockchain technology Wednesday hosted by Rich Meade, CUNA chief of staff/chief operating officer.

CUNA Chief Operating Officer Rich Meade will headline a free member webinar July 28 on blockchain technology. Meade presented at this year’s ACUC on blockchain, which he said could be a “game changer” for credit unions.

Increased efficiency, security, and speed. These are the primary benefits credit unions could realize by developing a network based on blockchain. Rich Meade, CUNA chief operating officer, presented the possibilities for credit unions at America’s Credit Union Conference Wednesday.