Exploring Blockchain Use Cases for Enhanced Financial Services

SAN FRANCISCO, CA / ACCESSWIRE / July 3, 2024 / Metallicus, the core developer of Metal Blockchain, a foundational Layer 0 blockchain, today announced Illiana Financial Credit Union's enrollment in its Banking Innovation Program. This move signifies Illiana Financial Credit Union's proactive approach to investigating blockchain technology's potential and harnessing Metallicus' expertise to elevate its technological prowess.

"By joining our Banking Innovation Program, Illiana Financial Credit Union is playing a critical role in advancing our mission to transform the financial industry with blockchain technology," commented Frank Mazza, Director of Blockchain for Institutions & Fintechs at Metallicus. "We look forward to partnering with Illiana Financial Credit Union, offering them the resources and expertise to lead innovation and adapt to the shifting financial environment."

"Blockchain technology has been on our radar for the past few years, so a partnership with Metallicus feels like a perfect fit. We look forward to tapping into their expertise and collaborating with other credit unions as we explore the possibilities and potential that blockchain technology can provide our membership" commented Jim Henmueller, CEO of Illiana Financial Credit Union.

The Banking Innovation Program by Metal Blockchain enables institutions like Illiana Financial Credit Union to navigate and adopt customized blockchain solutions, ensuring compliance with regulatory standards while addressing their distinct operational demands. Drawing on Metallicus' unparalleled blockchain expertise and a distinguished advisory board, the program offers innovation workshops, fintech partnerships, R&D grants, and bespoke development, positioning participants to lead and innovate within the dynamic financial sector.

The Metal Blockchain Banking Innovation Program is designed to support financial institutions' journey into blockchain technology at no cost. With a focus on tackling use cases around Digital Identity, Single Sign-On (SSO), Private Subnets, Tokenization of Assets, and more, the program equips participants with the tools and resources needed to drive profitability, lower costs, reduce risks, and deliver unparalleled customer experiences.

Financial institutions keen on participating in the Metal Blockchain Banking Innovation Program can express their interest or learn more by contacting bizdev@metallicus.com.

About Metal Blockchain:

Metal Blockchain, developed by Metallicus, is an innovative Layer 0 blockchain technology dedicated to tackling global finance challenges with its scalable, secure, and decentralized infrastructure built on the foundation of BSA Compliance. The versatile nature of Metal Blockchain's infrastructure enables developers to craft customized solutions for a wide range of financial applications, promoting innovation and growth within the global financial sector. Guided by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.

About Illiana Financial Credit Union:

Chartered in 1936, Illiana Financial is a community-based credit union headquartered in Calumet City, Illinois. With 23,000 members and $260 million in assets, the credit union serves communities from both Illinois and Indiana.

For Media Contact:

Cesar Hernandez
Omni Public
813.277.6540
ch@omnipublic.global

Illiana Financial
Jim Henmueller
jimh@illiana.org

Metallicus
Will cleaver
will@metallicus.com

SOURCE: Metallicus