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

Registration is currently open for the webinar, which is scheduled for 3:30 to 4:30 p.m. (ET). Meade will be joined by John Best, CEO of Best Innovation Group, a CUNA consulting partner.

During the webinar, Meade will discuss why credit union should consider adopting blockchain technology.

“We think blockchain will enhance credit union data security and during the webinar we will demonstrate why,” Meade said.

Meade presented at this year’s America’s Credit Union Conference on blockchain, which he said could be a “game changer” for credit unions.

Blockchain is a shared ledger technology, which creates an online system through which two parties can securely exchange information with those exchanges certified by all the organizations--called nodes--participating in the network using the technology.