Yesterday Bonifii, the consortium of U.S. credit unions, announced it is joining R3’s Digital Currency Sandbox.
Bonifii (formerly CULedger) uses multiple blockchain technologies and first announced it adopted R3’s Corda enterprise blockchain in 2019.
“In 2020 we debuted CUPay, built on Corda, as a proof of concept providing a peer-to-peer financial exchange of electronic funds transfers via blockchain for domestic and international payments,” said John Ainsworth, President/CEO, Bonifii. “Participating in the R3 Sandbox for Digital Currencies will enable our community to create fit for purpose solutions which meet the evolving needs of our members.”
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