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.”