CULedger is a credit union-owned CUSO that focuses on delivering innovative applications on a global distributed ledger platform for credit unions. In working through a national consortium of 33 credit unions and trusted industry investors, CULedger has pioneered new developments around a global self-sovereign digital identity that will further enhance the trust credit unions have with their members. The company’s flagship product, called MyCUID, will be the first KYC-backed, universal digital identity credential that will be issued by credit unions to the more than 235 million credit union members worldwide.
Everyone acknowledges that passwords are a weak link in enterprise security. You can lose them, share them, and crack them. Biometric authentication can strengthen legacy systems by adding an additional layer of security. With our technology, a company can deploy biometrics to replace tokens or passwords altogether. Either way, you can now truly verify the identity of the end user.