White Paper Summary
CO-OP Financial Services and TMG have teamed up with Mercator Advisory Group to commission a body of research on Blockchain. A Blockchain is a distributed database that maintains a continuously growing list of transaction records hardened against tampering and revision. The goal of this research is to help credit unions make informed decisions regarding this emerging digital ledger technology. While the technology shows promise, there are big hurdles to consider in terms of performance and financial services regulation.