Deloitte: New Blockchain Applications Will Accelerate Adoption
'Big Four' professional services firm Deloitte has published a report that takes a look at the potential uses of blockchain technology while arguing that its acceptance and wider adoption are fast approaching. Introducing the paper, two of the firm's partners say that while the tipping point for the technology may not occur until around 2027, Deloitte anticipates adoption "will occur much faster" as new applications emerge. Deloitte anticipates a number of applications for blockchains across various industries. In a statement accompanying the paper, it cited some example use....
Related News
A recent Deloitte report indicates increasing adoption of blockchain technology, influenced by industry working groups and consortia. Blockchain consortium has found a new follower in Deloitte. The “Big Four” consulting firm, according to a report, attributes the success of blockchain technology to various groups. The consortium of global banking and financial institutions headed by R3 and other similar consortia seems to have played an important role in blockchain adoption. Deloitte is one of the early adopters of distributed ledger technology. It has been supportive towards startups....
One among the "Big Four" professional consulting firms in the world, Deloitte has jumped into the Blockchain bandwagon. Latest developments in the company includes creation of Deloitte Cryptocurrency Community with over 100 people and the launch of Rubix Software platform that can be used to build applications over Blockchain. Deloitte, like many other financial and professional services companies has started exploring the various potential uses of Blockchain technology for themselves as well as their clients. According to Deloitte, the company has been involved in Blockchain research for....
Multinational services firm and one of the so-called “Big Four” accounting firms Deloitte has announced the completion of its latest blockchain endeavor. The firm scrutinized permissioned blockchain protocols and applications with professional auditing standards. The aim of the project, Deloitte said, was to “enhance the utility and trust of a permissioned blockchain system” by putting it through both professional audit and assurance standards. If 2017 is the year of blockchain prototypes and proof-of-concepts turning into real-world applications, auditors will have to keep abreast with....
Professional services firm Deloitte has revealed it is seeking to use blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte - one of the world's 'Big Four' audit firms - becomes the latest mainstream financial entity to voice its interest in the technology, following announcements by banking giants such as Citi, UBS and USAA. In an interview with CoinDesk, Deloitte Consulting principal Eric Piscini explained his company has been conducting research into the potential business opportunities around....
'Big Four' accounting firm Deloitte is now the owner and operator of its first bitcoin ATM. After a quiet unveiling yesterday in the downtown Toronto offices of Deloitte's Rubix blockchain division, the bitcoin transaction machine, or BTM, is now ready to exchange digital currency for Canadia dollars. The move by Deloitte to host a bitcoin ATM is being positioned by the founder of Rubix as a way for the company to teach its employees and others in the area about blockchain by going back to its roots. Now the strategy leader of Rubix by Deloitte, Iliana Oris Valiente, told CoinDesk:....