Accenture and EY Making Moves to Grow Blockchain Technology
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....
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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....
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.....
Accenture has patented a new system that can be used to edit the seemingly immutable blockchain entries. Accenture is redefining the concept of Blockchain. The tech services provider has recently patented a system which can be used to edit the blockchain entries. The latest development was reported by one of the leading news media outlets. In the report, Accenture’s group chief executive for financial services Richard Lamb was quoted saying: “For financial services institutions faced with the myriad of risk and regulatory requirements, absolute immutability is a potential roadblock.” With....
Blockchain technology developer Digital Asset Holdings has revealed new ‘strategic business relationships’ with consulting and technology services firm Accenture, financial services firm Broadridge and one of the ‘Big Four’ in auditing and services network PricewaterhouseCoopers (PwC). In a press release today, New York-based blockchain technology startup Digital Asset has announced the formation of three “non-exclusive business relationships” with Accenture, Broadridge and PwC. The Blythe Masters-led startup will help the three firms harness the potential and promise of blockchain, the....
Accenture has launched a specialized practice within its financial services group to help institutions implement blockchain technology in order to improve operational efficiency, security and client service, as well as to capture new revenue opportunities. Accenture will provide a range of consulting and technology services, from feasibility studies, business case assessments and operating model design, to advisory services on systems architecture, cybersecurity and cloud consulting, through to full-scale systems integration. Accenture, a Fortune Global 500 company, is the world's largest....