News
TDECU Joins Metal Blockchain Banking Innovation Program
SAN FRANCISCO, CA / ACCESSWIRE / July 9, 2024 / Metallicus, the lead developer of Metal Blockchaina fundamental layer 0 blockchain, announced today that TDECUHouston’s largest credit union, is now enrolled in its Banking Innovation Program. This move symbolizes TDECU proactive approach to investigate the potential of blockchain technology and leverage Metallicus’ experience to grow its technological expertise.
“The inclusion of TDECU in our Banking Innovation Program represents an important step forward in our ongoing efforts to redefine the financial industry with blockchain technology,” commented Frank MazzaDirector of Blockchain for Institutions and Fintech at Metallicus“We are pleased to partner with TDECU, providing them with the support and resources they need to advance and thrive in an ever-changing financial world.”
“At TDECU, as in all credit unions, our Members are our owners. We are essentially the original analog version of the concept of decentralized finance,” said Ashish Chopra, Chief Information and Technology Officer of TDECU“As such, we are committed to finding the best solutions to increase security, reduce fraud and offer the best financial products available. Our partnership with Metallicus will be critical as we continue on our path of rapid growth and change.”
Metal Blockchain’s Banking Innovation Program Enables Institutions Like TDECU to navigate and adopt custom blockchain solutions, ensuring compliance with regulatory standards while addressing their specific operational needs. Drawing on Metallicus’ unparalleled blockchain expertise and distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and tailored development, positioning participants to lead and innovate within the dynamic financial sector.
The Metal Blockchain Banking Innovation Program is designed to support financial institutions’ journey to zero-cost blockchain technology. Focusing on use cases around digital identity, single sign-on (SSO), private subnets, asset tokenization, and more, the program provides participants with the tools and resources needed to increase profitability, reduce costs, mitigate risk, and deliver unparalleled customer experiences.
Financial institutions interested in participating Metal Blockchain Banking Innovation Program can express their interest or find out more by contacting [email protected].
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.
About TDECU:
Founded in 1955, TDECU is a nonprofit financial cooperative with more than 387,000 members and over $4.8 billion in assets. TDECU currently has 39 service locations, including 35 member centers, and offers a comprehensive selection of affordable, innovative and competitive products and services, including a full suite of deposit products, as well as mortgage, auto and personal lending, online and mobile banking products. For more information, visit TDECU.org or call (800) 839-1154.
Contact information
Smart Chloe
Public Relations Coordinator
[email protected]
4074466615
SOURCE: Metallic
View original Press release on newswire.com.