Last week, CULedger announced that three more credit unions had joined its MemberPass pilot program, the blockchain-based credentialing solution, which is also now in production commercially. The new pilot additions are Achieva Credit Union, HawaiiUSA Federal Credit Union, and Eagle Express Federal Credit Union.
Initially launched as a blockchain consortium of U.S. credit unions, CULedger later became a credit union service organization (CUSO). Last year, the firm raised $10 million in Series A funding.
MemberPass is the rebranded version of CULedger’s flagship product MyCUID, the KYC-backed digital identity solution. It enables members to control their identity and securely verify themselves with their credit unions.
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