Monday, July 1, 2024

Bonifii Joins Forces with Metal Blockchain to Drive Financial Innovation

SAN FRANCISCO, CA – 01/07/2024 – (SeaPRwire) – Metallicus, the primary architect behind the groundbreaking Metal Blockchain, has officially welcomed Bonifii into its prestigious Banking Innovation Program. This collaboration signifies a monumental leap forward in the evolution of blockchain applications initially pioneered by CULedger, now rebranded as Bonifii. The partnership underscores a mutual dedication to advancing blockchain technology to elevate financial services across the board.

Marshall Hayner, the visionary CEO of Metallicus, articulated the importance of this partnership, emphasizing the shared values and goals between the two entities. “The synergy between Metallicus and Bonifii marks a pivotal moment for both organizations,” Hayner stated. “Our combined efforts will build upon the innovative foundation laid by CULedger, accelerating the development of advanced blockchain solutions specifically designed for the financial sector. Bonifii’s unwavering commitment to leveraging blockchain technology is in perfect harmony with our mission to deliver secure, efficient, and scalable solutions to the marketplace. We are thrilled to collaborate with Bonifii and former CU Ledger credit union partners, utilizing Metal Blockchain technology to bring these groundbreaking use cases to fruition. Together, we aim to set new benchmarks in the financial sector, enhancing security, transparency, and the overall user experience for all stakeholders involved.”

John Ainsworth, President and CEO of Bonifii, echoed this enthusiasm, highlighting the strategic importance of joining the Metal Blockchain Banking Innovation Program. “Our participation in this consortium represents a critical advancement in our mission to employ cutting-edge technology to enhance financial services and safeguard our members against financial fraud,” Ainsworth remarked. “We are excited to leverage the expertise and resources offered by Metal Blockchain to innovate and implement solutions that will benefit our credit union members and the broader financial community.”

The Metal Blockchain Banking Innovation Program is meticulously designed to empower institutions like Bonifii to adopt tailored blockchain solutions that meet regulatory compliance while addressing specific operational needs. This program, leveraging Metallicus’ unparalleled expertise and a distinguished advisory board, provides a comprehensive suite of resources, including innovation workshops, fintech partnerships, R&D grants, and bespoke development services. These resources position participants to lead within the rapidly evolving financial sector.

A standout feature of the Metal Blockchain Banking Innovation Program is its commitment to supporting financial institutions’ journey into blockchain technology at no cost. The program focuses on crucial use cases such as Digital Identity, Single Sign-On (SSO), Private Subnets, and the Tokenization of Assets. By providing these essential tools and resources, the program aims to drive profitability, reduce costs, mitigate risks, and deliver superior customer experiences.

Financial institutions interested in exploring the benefits of the Metal Blockchain Banking Innovation Program are encouraged to express their interest or seek further information by contacting bizdev@metallicus.com.

About Metal Blockchain:

Metal Blockchain, developed by Metallicus, represents a cutting-edge Layer 0 blockchain technology designed to address global finance challenges with its scalable, secure, and decentralized infrastructure. Built on the foundation of BSA Compliance, Metal Blockchain’s versatile infrastructure enables developers to create customized solutions for a wide range of financial applications, fostering innovation and growth within the global financial sector. 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 pioneering 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 and Twitter.

SOURCE: Metallicus

by Arrow123

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