Big Four Firm KPMG Partners With Blockchain Co. Guardtime to Develop Tools for Businesses
(cointelegraph.com)
Big Four auditorĀ KPMGĀ announced it had partnered with enterpriseĀ blockchainĀ companyĀ GuardtimeĀ to offer blockchain-based services to clients in aĀ press releaseĀ on Feb. 20.Ā KPMG, which has experimented with blockchain before, has entered into a strategic alliance with Guardtime and will work on various products and services using its platform.
āUsing KPMG's blockchain enablement services, KPMG professionals will work with Guardtime to provide strategy, assessment, as well as design and implementation services,ā the press release explains.
Over the past three years, Guardtimeās technology has made its way into various corners of the global economy, including via partnerships with governments such asĀ EstoniaĀ for itsĀ e-governmentscheme.
Last year, the firm partnered with fellow Big Four memberĀ EYĀ to create a blockchainĀ insuranceplatform for the shipping industry, with MaerskĀ coming on boardĀ as a trial client.Arun Ghosh, KPMG's National Blockchain leader, meanwhile commented:
āUsing KPMG's blockchain enablement services, KPMG professionals will work with Guardtime to provide strategy, assessment, as well as design and implementation services,ā the press release explains.
Over the past three years, Guardtimeās technology has made its way into various corners of the global economy, including via partnerships with governments such asĀ EstoniaĀ for itsĀ e-governmentscheme.
Last year, the firm partnered with fellow Big Four memberĀ EYĀ to create a blockchainĀ insuranceplatform for the shipping industry, with MaerskĀ coming on boardĀ as a trial client.Arun Ghosh, KPMG's National Blockchain leader, meanwhile commented:
āKPMG's deep business and technical experience along with Guardtime's blockchain platform drives business transformation in areas that are encumbered with manual processes and where data accuracy, trust, and security are paramount.āIn a NovemberĀ report, analysts at KPMG went beyond blockchain, also identifyingĀ cryptocurrencyas an important phenomenon, but arguing that institutional investment in the market was essential for growth.
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Francisco Gimeno - BC Analyst Important news here. Accounting and auditing have wide impact everywhere, proving more and more the beauty of blockchain integration in the financial and economic world. We will witness more of this from now on.