Blockchain's dynamic, mobile capabilities have appealed to some credit unions; however, others have found it decentralized, reportable and untrackable. Now, an alternative solution from the Aurora, Colo.-based DaLand Solutions could offer blockchain-like benefits without the obstacles.
DaLand Solutions built Secured Transaction Image, a complete mobile transaction platform that can provide the underlying infrastructure for an unlimited number of transaction types.
Big banks have been collaborating to develop blockchain technology, a public ledger of transactions run without a primary authority that could allow for the exchange of data, assets and currencies more efficiently and transparently.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
