The Credit Unions of the OECS invites Vendit to their upcoming summit on June 6-7 in St. Lucia to speak on Fintech innovations as part of their round-table discussions.
The OECS is an international inter-governmental organization dedicated to economic harmonization and integration, protection of human and legal rights, and the encouragement of good governance among independent and non-independent countries in the Eastern Caribbean comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St. Kitts and Nevis, Saint Lucia, St Vincent and The Grenadines, British Virgin Islands, Anguilla, Martinique and Guadeloupe.
Future of Financial Systems
This Credit Union summit is being carefully watched for its significance as it will provide guidance to the Future of Financial Systems in the Eastern Caribbean States. Vendit is proud to be invited for its expertise in conventional financial systems, as well as in modern and future financial ecosystems through blockchain.
While there are many blockchain/Fintech topics to be discussed at this summit, one that will be particularly of interest will be on the subject of crypto-backed asset lending, which many believe will be a forward step in the achievement of crypto and blockchain mass adoption.
It is Vendit’s goal to help bring the OECS Credit Unions to the forefront of Fintech, which includes utilizing blockchain technologies Vendit has been building. In accomplishing this goal, Vendit is working closely with AGC&C, a consulting firm in the Caribbean, in compliance and communications with the associated parties involved with the endeavor.
In attendance will be 16+ small to large Credit Unions interested in a more interconnected and simplified solution for payments and usability potentially using Vendit's ecosystem. Vendit is looking forward to engage with them to discuss solutions and the possibilities that are available through current and future Fintech innovations. Vendit is adding the functionality of adding ride sharing credits with cryptocurrencies. We believe this will set the benchmark in the use case scenario for cryptocurrencies and hope others believe it as well. We look forward to continuing the goal of mass adoption and adding more merchants in the near future. Stay tuned.