Monday, December 10, 2018

Cred and Universal Protocol Alliance Join Blockchain Advocacy Coalition (BAC)

BWW News Desk
December 06, 2018

a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwmycredio2F232Fampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorCredampindex1ampmd5842585d017929114cec74fb643178174 relnofollowCreda the leading provider of cryptobacked lending with over 300 million in credit facilities and the a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Funiversalprotocolio2Fampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorUniversalProtocolAllianceampindex2ampmd5d56120926d15cdd29d8e3b1b89407db7 relnofollowUniversal Protocol Alliancea creator of the Universal Protocol Platform today announced that they will join the Board of the a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwblockadvocacyorg2Fampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorBlockchainAdvocacyCoalitionampindex3ampmd55499e283918bd8578c71180a5aa9d613 relnofollowBlockchain Advocacy Coalition ato provide education and support to state and federal legislators and regulators pblockquotep idpullquotepblockquote p Were pleased to welcome Cred and the Universal Protocol Alliance to our Board said Ally Medina Executive Director of BAC These pioneering blockchain organizations are at the cusp of innovation By working closely with policymakers and regulators our board members will help develop thoughtful policy initiatives that support innovation in the blockchain industry and benefit the US economy p p Blockchain Advocacy Coalition has taken the time to build relationships in Sacramento with policymakers regulatory bodies and office holders California has half of the nations cryptocurrency and blockchain industry a share that will increase as more positive legislation passes The state is uniquely well positioned to lead the nation on regulation that supports blockchain innovation and we are here to make sure its done right Thoughtful legislation passed here can serve as a model for the federal government and other states p p Were pleased to be working with BAC to help policymakers understand and advocate for crypto and blockchain friendly policies said Dan Schatt Cofounder of Cred and the Universal Protocol Alliance Our mission is to offer a more equitable transparent and inclusive set of financial services through blockchain technology Helping Sacramento and Washington understand the policy implications with this new technology will ensure that it can be prioritized accordingly p p California has always been a place for innovation and opportunity and SB 838 shows how we can use technology to increase consumer protection and help prevent cases of fraud said Senator Hertzberg DVan Nuys That it was signed into law is a great testament to the work being done around the state by folks like the Blockchain Advocacy Coalition to advance this rapidly growing technology p p bAbout the Blockchain Advocacy Coalitionb p p The Blockchain Advocacy Coalition is committed to educating legislators and regulators about blockchain technology and advancing regulations that support innovation BAC supports political advocacy that directly benefits the blockchain and cryptocurrency industry and allows its members to gain access and insight into local state and federal level politics and to connect with other businesses that share these values p p bAbout Credb p p Cred is a decentralized global lending platform that facilitates open access to credit anywhere and anytime Founded by former PayPal financial technology veterans Creds mission is to harness the power of blockchain to allow everyone to benefit from lowcost credit products Creds LBA token is available in more than 180 countries including the US For more information visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwmycredio2F232Fampesheet51910765ampnewsitemid20181206005933amplanenUSampanchormycredioampindex4ampmd51519871eee0588c6fe8275fca25e0e8c relnofollowmycredioa or follow us on a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ftwittercom2Fihavecredampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorTwitterampindex5ampmd5e893140212cb0cb29f4c4b2b9948a033 relnofollowTwittera a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ffacebookcom2Fihavecredampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorFacebookampindex6ampmd57dc83df2a0603e2c635fadc53bd47434 relnofollowFacebooka and a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwlinkedincom2Fcompany2Fihavecredampesheet51910765ampnewsitemid20181206005933amplanenUSampanchorLinkedInampindex7ampmd5b53c727edf029c82f4abd0520bc05b8a relnofollowLinkedIna p p bAbout the Universal Protocol Allianceb p p Universal Protocol Alliance UP is a coalition of cryptocurrency companies and blockchain pioneers the Universal Protocol Alliance seeks to accelerate the adoption of blockchain as a mainstream financial technology by making digital assets more accessible secure and convenient to own The Alliance consists of Uphold Brave Software Cred Blockchain at Berkeley and FBG Capital p p p

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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