Financing the Future: Ernst & Young Blockchain Advisor on Fintech
Bitcoinist recently spoke with Angus Champion de Crespigny, a Senior Manager at Ernst & Young, the multinational professional services firm headquartered in London, United Kingdom. De Crespigny has established the firm’s first Digital Currency and Asset Technology group which consults businesses and financial institutions on blockchain and consensus technologies. Angus gives us an inside look at how he feels about private blockchains, the Bitcoin blockchain, and how these protocols will be transformative tools with financial sectors and other areas in society’s infrastructure. “It’s....
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Ernst & Young is one of the most respected companies active in the financial sector today. Despite their interest in blockchain technology, the company is also selling US$16m worth of confiscated Bitcoin next month. A Huge Bitcoin Auction By Ernst & Young. The bitcoins in question were seized last year as part of an investigation into criminal activity over the Internet. There will be 11 lots of 2,000 coins each, and one big lot of 2,518 BTC. This seems to follow the same trend of how the Silk Road bitcoins were sold last year. It will be interesting to see who decides to bid on these lots....
One of the “Big Four” audit firms the multinational financial management service Ernst & Young (EY) is auctioning $16 million worth of bitcoin next month in Sydney, Australia. The 24,518 bitcoins seized by special agencies will make for the country’s first cryptocurrency auction of this magnitude — much like the U.S. Marshals Silk Road auctions in....
Ernst & Young has announced six startups will participate in its first-ever startup contest focused exclusively on blockchain. Over a six-week period beginning next week, the firms will work with mentors from the "Big Four" accounting firm to build products focused on digital rights management and energy trading. The founder Ernst & Young's Startup Challenge, Jamie Qiu, said that the selected startups represent his firm's belief that the potential benefits of blockchain expand beyond the financial sector. Qiu described the challenge's dual focus: "These two key areas....
The ‘Big Four’ global accounting firms PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY) and KPMG have all been trying to figure out which way Financial Technology (FinTech) is heading. As such they have been publishing articles and reports and trying to provide the world with an analysis of where the nascent financial technology industry is heading. These accounting firms are important mainly because they service, in one capacity or another, most of the world’s companies and provide insight and shape opinion of industry leaders across myriad of sectors. It is interesting to....
The battle for the world’s fintech hub after the Brexit vote is still clouded by uncertainty, but time is running out. On September 16, the UK Prime Minister Theresa May told the European Council President Donald Tusk that Britain would likely begin the process of withdrawal from the EU in January or February 2017. This comment may heat up the battle of which city is likely to become the world’s fintech hub. Many banking and/or financial related startups have been considering the move to mainland Europe, but the uncertainty surrounding as to when and how the roll-out of Brexit will take....