PLEASANTON, Calif.–Patelco Credit Union has enrolled in the Banking Innovation Program offered by Metallicus, the core developer of Metal Blockchain.
According to the San Francisco-based company, the move signifies Patelco Credit Union's proactive approach to “investigating blockchain technology's potential and harnessing Metallicus' expertise to elevate its technological prowess.”
"Bringing Patelco Credit Union on board our Banking Innovation Program marks a pivotal advancement in our commitment to revolutionizing the financial sector with blockchain technology," Frank Mazza, Metallicus' director of Blockchain for Institutions & Fintechs, said in a statement. "We're thrilled to collaborate with Patelco Credit Union, empowering them with the tools and resources needed to spearhead innovation and thrive in the ever-changing financial terrain.”
‘Navigate & Adopt’
According to the company, the Banking Innovation Program enables institutions to “navigate and adopt” customized blockchain solutions, “ensuring compliance with regulatory standards while addressing their distinct operational demands.”
Metallicus further said the program offers innovation workshops, fintech partnerships, R&D grants, and “bespoke development” solutions.
“The Metal Blockchain Banking Innovation Program is designed to support financial institutions' journey into blockchain technology at no cost,” Metallicus said. “With a focus on tackling use cases around Digital Identity, Single Sign-On (SSO), Private Subnets, Tokenization of Assets, and more, the program equips participants with the tools and resources needed to drive profitability, lower costs, reduce risks, and deliver unparalleled customer experiences.”
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