Accenture Executives Propose Replacing Bitcoin with a Closed Blockchain
Writing on CIO Journal, a Wall Street Journalblog for corporate technology executives, Owen Jelf and Sigrid Seibold, respectively global managing director of Accenture's capital markets practice and managing director of Accenture's digital capital markets efforts, weigh in on the fashionable debate about the blockchain as a system vs. bitcoin as a....
Related News
A financial innovation lab operated by management consulting firm Accenture has added a blockchain startup to its latest class. Accenture's 2016 FinTech Innovation Lab London, the company announced yesterday, will include 15 startups. Crowdaura, which uses blockchain technology as a mechanism for issuing securities via crowdfunding, is the sole blockchain startup to be included in the class. The selected startups will spend 12 weeks working with Accenture staff and executives from a variety of major financial institutions including Bank of America, Deutsche Bank, HSBC and Société Générale.....
Two of the largest multinational professional consultancy firms, Ernst & Young (EY) and Accenture, believe blockchain technology is at the forefront of innovation and mass adoption. Both EY and Accenture are hosting two separate accelerator-focused events on bolstering fintech and distributed ledger protocols. Accenture Hosts 5th Annual London....
Global professional services group Accenture has announced a prototype that they call an “editable blockchain.” The firm says the concept addresses immutability concerns and the right to be forgotten laws. Accenture Editable Blockchains Preferred By Banks. Last week, an executive from Accenture described Bitcoin’s immutability as a weakness. Now, the....
According to a new report by Accenture a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations; 9 out of 10 major banks in North America and Europe are exploring the use of Blockchain technology for payments. The report entitled Blockchain Technology: How banks are building a real-time global payment network is based on a survey of 32 top commercial banking professionals and was designed to assess their views on the potential of the Blockchain technology to transform the payments business.....
The Chamber of Digital Commerce gets three more high-profile member companies in the form of Accenture, CME Group, and TMX Group. The use of blockchain technology across various industry segments can’t be contested. The shared interest among companies to explore the use of cryptocurrency technology has led to the creation of the Chamber of Digital Commerce. It is currently the leading blockchain trade association which just became bigger following the inclusion of Accenture as one of the members. Other companies that gained entry into the Chamber of Digital Commerce alongside Accenture....