A Further Exploration Of The Blockchain

In This Episode:

• John revisits and expands upon the .csv example he used in last week’s podcast to explain the difference between private and public blockchains.
• A further discussion of public and private blockchains, where financial institutions are focusing and why.
• Can a credit union create its own Blockchain?
• The importance of credit union collaboration in order to establish a blockchain, and why it is necessary to establish a broad industry initiative, possibly in conjunction with regulatory body to implement.
• An exploration of credit union Core participation in the blockchain.
• A review of the current FI players who are exploring blockchain technologies
• A discussion of the blockchain relationship with faster payments, wallets, and marketplace lending.
• Blockchain as a technology to simplify various critical records outside of the banking system.
  A discussion of the EU moving toward a cashless society.

URLs related to this week’s BIGcast:

• AXFI Conference: http://www.axficonference.com/
• CUNA Payments Roundtable: http://bigfintechmedia.com/Events/cuna-payments-roundtable
• CUNA Data Analytics Roundtable: http://bigfintechmedia.com/Events/cuna-data-analytics-roundtable
• Let’s Talk Payments Blog: http://letstalkpayments.com/bofa-aggressively-files-blockchain-related-patents-what-about-others/(Information on the BofA blockchain patent filings)
• Financial Times: http://www.ft.com/cms/s/0/afe8ed5a-cd10-11e5-986a-62c79fcbcead.html#axzz40wNkgRJG (Financial Times article on high-denomination bills in the EU)

Contact us! Info@bigcu.com – Are you interested in the Blockchain CUSO John explored in this podcast? Would you like to learn more about blockchains? Are you interested in participating in a blockchain experiment? We would like to hear from you. Send us an email at info@bigcu.com and type “Info” in the Subject line.