Ginnie Mae Embraces Blockchain

Is blockchain technology still hip if the federal government starts to use it? After seeing the benefits of blockchain, federal organizations at the top of the U.S. finance industry are starting to pick up on this new-fangled technology.

At Ginnie Mae, the use of blockchain technology is growing, as well as distributed ledger technology (DLT), which frees finance staff to focus more on value-added tasks. The Ginnie Mae Innovation Lab is spearheading this internal effort and recently joined the U.S. Federal Housing Blockchain Network (HBN), a community of people who are dedicated to exploring how blockchain and DLTs may benefit U.S. housing finance and homeownership. 

Read More