Value proposition

The world's premier network of digital exchange for financial cooperatives.

Bonifii is a credit union-owned CUSO (credit union service organization) that focuses on delivering innovative applications on a global distributed ledger (DLT) or blockchain platform for credit unions. Blockchain has already been substantiated as a critical element of digital transformation. In working through a national consortium of credit unions and trusted industry partners, CULedger is uniquely positioned to help credit unions serve the digital needs of its members.

CULedger’s credit union-specific distributed ledger technology gives the credit union industry the edge it needs to remain competitive in the rapidly changing financial services industry. CULedger is not just about having a seat at the table as it relates to this technology. Credit unions will be able to implement the technology and utilize the current and future applications that run on it.

The development of CULedger was made possible through the efforts of many partners including the 70+ credit unions, CUSOs, and industry partners that made a contribution toward the "research to action"​ initiative, Best Innovation Group, the Credit Union National Association, the National Credit Union CEO Roundtable, The Mountain West Credit Union Association and Evernym (www.Evernym.com). Evernym developed the Sovrin Platform (www.sovrin.org).

Distributed Ledger Technology, Blockchain, Call Center Authentication, Digital Identities, Smart Contracts, and Credit Unions