CULedger Welcomes VISA Founder Dee Hock to Its Advisory Team
October 30, 2018
DENVER–(BUSINESS WIRE)–CULedger,
a credit union-owned CUSO that focuses on delivering innovative
applications to credit unions through its cross-border global
distributed ledger platform, appointed Dee
Hock, former Founder and CEO Emeritus of Visa, as a member of its
advisory team, known as “Team Aspire”.
Hock founded Visa in 1970 while working at the National Bank of Commerce
in Seattle. From the outset, Hock had built Visa as a deliberately
decentralized organization, and described the system as harmoniously
blending chaos and order, coining the term “chaordic” as a descriptor.
As CULedger’s advisor, Hock will provide knowledge and experience to
CULedger around self-sovereign identity and the platform’s role in the
digital exchange for credit unions. CULedger will leverage Hock’s Chaord
principles to influence the trust framework around CULedger’s flagship
product. He joins other prominent industry leaders and trusted advisors,
which were announced
earlier this year.
“Self-sovereign, secure, trusted identity is essential in the world
ahead, and CULedger is paving the way for credit unions to pioneer this
important effort,” said Hock. “I look forward to contributing what I can
as the company moves into the next crucial stages of development.”
“Dee’s deep industry expertise and powerful connections will help serve
as a driving force as we move into our pilot programs and
implementation,” said John Ainsworth, president and CEO of CULedger. “We
are excited to welcome Dee to our advisory team and the influence his
Chaordic principles will have on our business.”
About CULedger
Denver-based CULedger
is a credit union-owned CUSO that focuses on delivering innovative
applications to credit unions through its cross-border global
distributed ledger platform. In working through a national consortium
made up of credit unions and trusted industry investors, CULedger has
pioneered new developments related to global self-sovereign digital
identity that will further enhance the trust credit unions have with
their members. CULedger provides advantages to credit unions and their
members by reducing risks associated with cybersecurity and fraud,
improving member experience, streamlining internal processes and
reducing administrative and operational costs. To learn more about
CULedger, visit www.culedger.com.
Contacts
For CULedger
Joelle Chiasson, 678-781-3074
joelle@williammills.com