Credit unions and co-operatives

The biggest problem with the financial system today is that the banks which constitute the majority of this system are profit based.

Credit unions/co-operatives focusing on returning value to stakeholders are enabled to flourish in competition to profit focused banks.

How many "existing" credit unions and co-operatives can we get to "trial" Cardano's enabling environment to "extend" the services they provide to their customers?

How many "existing" credit unions and co-operatives can we get to "use" Cardano's enabling environment to "extend" the services they provide to their customers?

How many "new" credit unions and co-operatives can we get to "trial" Cardano's enabling environment as their operating system?

How many "new" credit unions and co-operatives can we get to "use" Cardano's enabling environment as their operating system?

How many "existing" organisations are "trialling" Cardano's enabling environment in order to "convert" their organisation into a cooperative?

How many "existing" organisations have "used" Cardano's enabling environment in order to convert their organisation into a cooperative?

The biggest problem with the financial system today is that the banks and other financial institutions which constitute the majority of this system are profit based. They place a far greater priority on returning profit to their shareholders in preference to providing value to their customers. Credit unions and co-operatives on the other hand are non-profit based and instead focus on returning value to their stakeholders. Cardano is seeking to bring trust back to financial markets via the blockchain. A worthy challenge for Fund 6 is for Cardano to provide an enabling environment for credit unions and co-operatives to flourish. Legal frameworks, related education, thinking, further information etc have already been put in place by the following organisations. https://platform.coop/ https://www.fairshares.coop/ https://youtu.be/qcPUARqRsVM https://youtu.be/2se3c3YHsTc