Metallicus, the core developer of Metal Blockchain, a foundational Layer 0 blockchain, has announced that Bonifii has joined its Banking Innovation Program. This collaboration revives and evolves the blockchain solutions initially explored by CULedger, now Bonifii, highlighting their commitment to enhancing financial services through blockchain technology.

“This partnership between Metallicus and Bonifii represents a significant advancement for both organizations,” said Marshall Hayner, CEO of Metallicus. “By joining forces, we can build on the innovative groundwork laid by CULedger and drive the development of advanced blockchain applications tailored for the financial sector. Bonifii’s dedication to leveraging blockchain technology aligns perfectly with our mission to bring secure, efficient, and scalable solutions to the market. We’re excited to collaborate with Bonifii and former CU Ledger credit union partners, utilizing Metal Blockchain technology to realize these innovative use cases. Together, we aim to set new standards in the financial sector, enhancing security, transparency, and overall user experience for all stakeholders involved.”

“Bonifii is excited to join the Metal Blockchain Banking Innovation Program. Our participation in this consortium represents a pivotal step forward in our mission to leverage cutting-edge technology to enhance financial services and protect our members from becoming victims of financial fraud,” said John Ainsworth, President and CEO of Bonifii.

The Metal Blockchain Banking Innovation Program enables institutions like Bonifii to adopt customized blockchain solutions, ensuring compliance with regulatory standards while addressing their operational demands. Drawing on Metallicus’ unparalleled expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and bespoke development, positioning participants to lead within the dynamic financial sector.

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The Metal Blockchain Banking Innovation Program supports financial institutions’ journey into blockchain technology at no cost. Focused on use cases around Digital Identity, Single Sign-On (SSO), Private Subnets, and Tokenization of Assets, the program equips participants with the tools and resources to drive profitability, lower costs, reduce risks, and deliver superior customer experiences.

Source: accesswire.com

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