Metallicus, the primary developer behind Metal Blockchain, a pivotal Layer 0 blockchain, recently disclosed that KeyPoint Credit Union has joined its Banking Innovation Program. This development indicates KeyPoint Credit Union’s forward-thinking approach towards exploring blockchain technology and leveraging Metallicus’ expertise to enhance its technological capabilities.
Partnership with Metallicus
The inclusion of KeyPoint Credit Union in Metallicus’ Banking Innovation Program marks a significant milestone in the mission to revolutionize the financial industry through blockchain solutions. Frank Mazza, Director of Blockchain for Institutions & Fintechs at Metallicus, emphasized the importance of this partnership, highlighting the strategic collaboration aimed at equipping KeyPoint Credit Union with the necessary tools and resources to lead advancements and excel in the evolving financial landscape.
Drew Manning, the Chief Information Officer at KeyPoint, expressed enthusiasm about collaborating with Metallicus in the burgeoning blockchain technology space. He noted that KeyPoint is committed to exploring and adopting new technologies to enhance services for their membership.
The Banking Innovation Program’s Framework
Metal Blockchain’s Banking Innovation Program is tailored to assist institutions like KeyPoint Credit Union in navigating and adopting customized blockchain solutions, ensuring adherence to regulatory standards while addressing unique operational needs. Leveraging Metallicus’ unmatched blockchain expertise and the guidance of a distinguished advisory board, the program provides a comprehensive suite of services including innovation workshops, fintech partnerships, research and development grants, and bespoke development. These initiatives are designed to position participants as leaders and innovators within the dynamic financial sector.
Benefits and Focus Areas of the Program
The Metal Blockchain Banking Innovation Program is specifically crafted to support financial institutions’ exploration and adoption of blockchain technology without incurring any costs. The program targets various use cases, including Digital Identity, Single Sign-On (SSO), Private Subnets, and Tokenization of Assets. By focusing on these areas, the program aims to equip participants with the tools and resources necessary to drive profitability, reduce costs, mitigate risks, and deliver exceptional customer experiences.
In summary, KeyPoint Credit Union’s integration into Metallicus’ Banking Innovation Program underscores a proactive approach towards blockchain technology. This strategic move aligns with KeyPoint’s commitment to researching and implementing cutting-edge technologies to better serve its members. Through this partnership, KeyPoint is poised to harness the benefits of blockchain, enhancing its operational efficiency and positioning itself at the forefront of financial innovation.