In an interview with Forbes, Spring Labs CEO Adam Jiwan explains how the company is using blockchain to help improve the security and efficiency of the credit-reporting industry. In an effort to address the issues that have prevented financial institutions from sharing information, the company launched Spring Protocol, which aims to employ blockchain technology to facilitate the direct sharing of information in a secure, regulated and compliant manner. Jiwan said that feedback from early participants will help “finetune the architecture and design” and that there are plans to publicly launch the program in early 2019.
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