News
Bonifii joins Metal Blockchain’s banking innovation program
SAN FRANCISCO, June 26, 2024 (Newswire.com) –
Metallic, the lead developer of Metal Blockchain, a foundational layer 0 blockchain, today announced that Bonifii has joined its Banking Innovation Program. This collaboration marks a significant relaunch and evolution of blockchain solutions initially explored by CULedger, now Bonifii, underscoring their ongoing commitment to leveraging blockchain technology for improved financial services.
“This partnership between Metallicus and Bonifii represents a significant advancement for both organizations,” expressed Marshal HaynerCEO of Metallicus. “By joining forces, we can build on the innovative foundation laid by CULedger and drive the development of advanced blockchain applications tailored for the financial industry. Bonifii’s dedication to leveraging blockchain technology aligns perfectly with our mission to bring secure, efficient, and scalable solutions to market. We are excited to collaborate with Bonifii and former credit union partners CU Ledger, using Metal Blockchain technology to realize these innovative use cases. Together, we aim to set new standards in the financial industry by improving security, transparency, and the overall user experience for all stakeholders involved.”
“Bonifii is excited to join the Metal Blockchain Banking Innovation Program. Our participation in this consortium represents a critical step forward in our mission to leverage cutting-edge technology to improve financial services and protect our members from becoming victims of fraud financial”, She said John AinsworthPresident and CEO of Bonifii.
Metal Blockchain’s Banking Innovation Program enables institutions like Bonifii to adopt custom blockchain solutions, ensuring compliance with regulatory standards and addressing their operational needs. Drawing on Metallicus’ unparalleled experience and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and tailored development, positioning participants to lead in the dynamic financial sector.
The Metal Blockchain Banking Innovation Program supports financial institutions’ journey into blockchain technology at no cost. Focused on addressing use cases around digital identity, single sign-on (SSO), private subnets, and asset tokenization, the program provides participants with the tools and resources to increase profitability, reduce costs, reduce risk and deliver superior customer experiences.
Financial institutions interested in participating in the Metal Blockchain Banking Innovation program can express their interest or learn more by contacting us bizdev@metallicus.com.
About Metal Blockchain:
Metal Blockchain, developed by Metallicus, is an innovative Layer 0 blockchain technology dedicated to addressing global financial challenges with its scalable, secure and decentralized infrastructure built on the foundation of BSA compliance. The versatile nature of Metal Blockchain’s infrastructure enables developers to create customized solutions for a wide range of financial applications, driving innovation and growth within the global financial industry. Led by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.
From Bonifii:
Denver-based Bonifii is an innovative financial technology company proactively protects credit union members from becoming victims of financial fraud. To learn more about Bonifii, visit www.bonifii.comsend us an email to sales@bonifii.comor follow Bonifii on LinkedIn OR Twitter.
Source: Metallicus