KPMG: DAO Failure Won't Hinder Private Blockchain Progress
As major financial institutions began to show interest in blockchain earlier this year, many were vocal in their praise for ethereum, a public blockchain-based platform for decentralized application development. But as has been illustrated by high-profile issues such as the collapse of The DAO and the recent contentious hard fork, the second most popular public blockchain platform is still showing signs of growing pains, ones that could lead to new questions of its underlying technology despite enterprise interest. However, KPMG US blockchain lead Eamonn Maguire says he doesn't believe....
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A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG called 2021 a “Blockbuster year for crypto and blockchain.”
‘Blockbuster Year for Crypto and Blockchain’
KPMG published a report Monday on investments in the cryptocurrency, blockchain, and fintech space.
Noting that global fintech reached $210 billion last year, the Big Four accounting firm wrote: “We saw growing deal sizes in a....
On September 14th, 2016, professional services firm, KPMG, announced a suite of services built around distributed ledgers and how companies can implement them into their business models. KPMG and Microsoft Partner Up to Create Blockchain Solutions. As part of this effort, KPMG will collaborate with Microsoft in a partnership they say will combine the best aspects of both firms to offer the best experience for their clients. Canadian IT advisory leader for KPMG, Yvon Audette, specified some of the parameters of the collaboration. “Through this collaboration, we are combining KPMG’s....
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Technology giant Microsoft and KPMG International, the parent of ‘big four’ audit firm KPMG, has announced the launch of strategically positioned blockchain workspaces to research and develop blockchain applications for real-world processes. Fintech technology is all the rage and blockchain technology, in particular, is the poster child. In continuing the trend of developers hastening toward blockchain development and prototypes, tech behemoth Microsoft and one of the world’s largest enterprise services firms in KPMG have partnered to establish installations toward blockchain development....
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow and become a regular part of the asset mix.” Bitcoin and....