NCUA Vice Chairman Kyle Hauptman to Speak at GBA event

Kyle Hauptman, Vice Chair of the National Credit Union Association, will be a Keynote Speaker at GBA’s upcoming conference,  Blockchain & Sustainable Economic Growth.

Happening May 25-27 at the Mayflower Hotel in Washington, DC, Mr. Hauptman will present a timely and critical address on “The Future of Money and Banking.”

Why should this matter? Credit Unions are organized under the jurisdiction of the National Credit Union Administration (NCUA), not the SEC. Therefore, working with Credit Unions, blockchain startups can build their infrastructure outside the regulatory control of the SEC.

         “Credit Unions have a solid blockchain synergy,” said Gerard Dache, GBA Executive Director. “In a Credit Union, members pool their money, essentially buying shares in the cooperative. These cooperatives are created, owned, and operated by their participants, making them decentralized, permissioned, and autonomous.”  

Who knew that Credit Unions had so much synergy with blockchain technology?

In addition to all the above connections between Credit Unions and blockchain, Credit Union members participate in the union’s affairs, voting on the board of directors and decisions surrounding the union, providing consensus and transparency. In a culture demanding financial inclusion, a member’s voting ability is not affected by how much money is in their account; each member gets an equal (fungible) vote.

Find out more about Credit Unions and blockchain at the Government Blockchain Association’s Blockchain & Sustainable Economic Growth, May 25-27 in Washington, DC. at the Mayflower Hotel and streamed globally.

Tickets are on sale now.

The Government Blockchain Association (GBA) is a member organization, bringing the public and private sectors together to connect, communicate, and collaborate.

Source: Plato Data Intelligence: