Friday, June 28, 2024

Metallicus and Bonifii Forge New Path in Blockchain Innovation for Financial Services

SAN FRANCISCO, CA – 28/06/2024 – (SeaPRwire) – Metallicus, the innovative developer behind Metal Blockchain, has unveiled a strategic partnership with Bonifii, a leading name in financial technology. This collaboration signifies a remarkable evolution in blockchain technology for financial services, building on the pioneering efforts originally undertaken by CULedger, now known as Bonifii. The union of these two entities is poised to bring forth cutting-edge blockchain solutions that enhance financial services’ security, transparency, and efficiency.

Marshall Hayner, CEO of Metallicus, shared his enthusiasm about the partnership, highlighting the significant advancements it promises for both companies. “Our collaboration with Bonifii represents a pivotal step in our journey to revolutionize the financial sector. By leveraging the innovative groundwork laid by CULedger, we can push the boundaries of blockchain applications tailored specifically for financial institutions. Bonifii’s unwavering commitment to utilizing blockchain technology aligns perfectly with our mission to deliver secure, efficient, and scalable solutions. We are thrilled to work alongside Bonifii and former CU Ledger credit union partners, using Metal Blockchain technology to realize these groundbreaking use cases. Together, we aim to set new standards in the financial industry, enhancing security, transparency, and user experience for all stakeholders involved.”

John Ainsworth, President and CEO of Bonifii, echoed this sentiment, expressing excitement about joining the Metal Blockchain Banking Innovation Program. “Our participation in this consortium is a monumental step forward in our mission to harness cutting-edge technology to enhance financial services and safeguard our members from financial fraud. The collaboration with Metallicus will enable us to develop advanced blockchain solutions that meet regulatory standards and address our operational needs.”

The Metal Blockchain Banking Innovation Program is designed to empower institutions like Bonifii to adopt tailored blockchain solutions that ensure regulatory compliance while meeting their unique operational demands. Metallicus, leveraging its unmatched expertise and a distinguished advisory board, offers a comprehensive suite of services through this program. Participants gain access to innovation workshops, fintech partnerships, R&D grants, and bespoke development opportunities, positioning them as leaders in the rapidly evolving financial sector.

This program supports financial institutions’ exploration of blockchain technology at no cost, focusing on critical use cases such as Digital Identity, Single Sign-On (SSO), Private Subnets, and Tokenization of Assets. By providing the necessary tools and resources, the program aims to enhance profitability, reduce costs, mitigate risks, and deliver superior customer experiences for participating institutions.

Financial institutions interested in joining the Metal Blockchain Banking Innovation Program can express their interest or seek more information by contacting bizdev@metallicus.com.

About Metal Blockchain:

Metal Blockchain, developed by Metallicus, is an innovative Layer 0 blockchain technology designed to address global financial challenges. With its scalable, secure, and decentralized infrastructure built on the foundation of BSA Compliance, Metal Blockchain offers developers the flexibility to create customized solutions for a wide range of financial applications. Under the leadership of CEO Marshall Hayner, Metal Blockchain is committed to transforming the financial industry through compliance-driven innovation.

About Bonifii:

Based in Denver, Bonifii is a forward-thinking financial technology company dedicated to protecting credit union members from financial fraud. For more information about Bonifii, visit www.bonifii.com, email sales@bonifii.com, or follow Bonifii on LinkedIn or Twitter.

SOURCE: Metallicus

by Arrow123

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