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BIG, CUNA Host Free Webinar to Quell Blockchain Confusion
Wednesday, April 13, 2016 6:25 AM

Financial think tank BIG and Everynym.com are hosting a free webinar, sponsored by the Credit Union National Association and Mountain West Credit Union Association, to foster a better understanding of blockchain technology and why large financial institutions like JP Morgan and Bank of America are investing billions in this database architecture.

Blockchain is the technology behind the cryptocurrency Bitcoin. With its self-sustaining, peer-to-peer database capabilities, the blockchain architecture is considered to be adaptable in any venue where trading occurs, and trust is at a premium.

The webinar will be offered on two dates:

John Best, CEO/founder of BIG, and Jason Law, chief architect of Evernym.com, will describe how blockchain technology works and how credit unions can participate in an industry effort to create a credit union blockchain network.

Webinar attendees will also discover how this disruptive technology could solve many of the business challenges credit unions face and why its distributive nature benefits the credit union industry. This will not be a technical discussion and is intended for all levels of credit union executives and employees.