Yes, you are reading this correctly. The Credit Union movement have shown trillion dollar businesses how it’s done. For the fourth year in row Credit Unions have come out on top in the Customer Experience awards. So while bank branches are being shut and the whole world scrambles to get on line and cut costs by reducing the number of touch points for their customers, the community finance specialists demonstrate how the personal touch still wins out.
Many thanks to all those who came to visit our stand and sat in our Blockchain Demystified session at the World Congress of Credit Unions in Singapore.
The sense of comradery was empowering with a clear sense of common purpose with financial inclusion at it’s core.
I was pretty shocked when I read the article below today..
Being an techie obsessed with seeing what went wrong coupled with a desire to see how things such as this can be fixed, I immediately thought of two things security and blockchain.
I have, of late, given a few talks on blockchain technology and the overwhelming response when presented with the ‘B’ word is either one of confusion mixed with unqualified and uninformed excitement or deep scepticism and suspicion.
Never before has a technology divided people to this extent.
I am intrigued. What if all the nation states were to come together and agree on adopting a single currency that could be used all over the world?
What would it look like? Who would own it? How could it be used?
I’ve been thinking about this for a while.