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Evolution of Ledger to Bonafide and the Role of Identity Verification in Transactions
The chapter explores the transformation of Ledger to Bonafide, now CU Ledger with MemberPass, focusing on identity verification's significance in transactions. It delves into fraud prevention, open finance's impact on fund verification, and the challenges traditional players like Visa and MasterCard face in the real-time payments shift. The conversation also covers collaborations, research programs, and upcoming events in the blockchain community.