SAN FRANCISCO–The GoWest Credit Union Association said it has entered into a partnership with Metallicus, the developer of Metal Blockchain, to offer access to its Innovation Program, which will allow CUs to “test and implement blockchain-powered solutions built for the real world.”
“The Metal Blockchain Innovation Program provides a secure, compliance-first infrastructure to help credit unions explore and implement blockchain technologies across key strategic use-cases,” according to the GoWest CU Association.
The Use-Cases
The organization said those use-cases include:
- Metal Pay for Credit Unions: “A white-labeled Crypto-as-a-Service wallet solution using tokenization and stablecoins to enable compliant digital payments and asset custody.”
- Metal Identity: “A digital identity solution offering secure member authentication through verifiable credentials and Single Sign-On (SSO).”
- Next-Gen Fraud Prevention and Risk Mitigation: “Tools utilizing private blockchain subnets and advanced access controls to help institutions identify, report, and reduce fraud.”
Trust & Purpose
“Credit unions have always led with trust and purpose, and now they have the opportunity to lead with technology, too,” GoWest CU Association President and CEO Troy Stang said in a statement. “Through this partnership with Metallicus, we’re empowering credit unions to shape the future of financial services by exploring breakthrough innovations like blockchain, stablecoins, and digital identity in ways that are secure, compliant, and deeply rooted in the needs of their members. This is about building what’s next, together.”
The GoWest Association said participation in the Innovation Program is available at no cost to all GoWest member credit unions.
For info: https://metalblockchain.org/gowest
