'Big Four' Firm Deloitte Invests in First Blockchain Startup
Professional services firm Deloitte has invested in blockchain startup SETL. The funding represents the first time the professional services firm has publicly invested in a blockchain startup, a Deloitte representative confirmed, though he declined to disclose the amount when reached. SETL, which is based in London, is one of a number of startups worldwide looking to apply the tech to payment and settlement, and it recently became part of a regulatory sandbox initiative launched by the UK's Financial Conduct Authority. The funding comes less than a month after the two firms announced the....
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Coloured coins startup Colu has revealed it is embarking on a partnership with multinational consulting firm Deloitte. A Monday blog post from the Tel Aviv firm, which launched its open beta in August, said the collaboration will bring blockchain technology to "big new markets". Though details are scarce, the project will involve Rubix, the software platform that lets Deloitte clients build their own apps - including ticketing systems and registries - on the blockchain. Amos Meiri, Colu's CEO, told CoinDesk: "For the last couple of months we've been meeting with Deloitte representatives....
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....
The “Big Four” multinational professional services firm Deloitte now focuses on machine learning, blockchain technology, and the Internet of Things (IoT). The company also announced it’s forming “Deloitte Catalyst” to harness these powerful innovations for its business and clientele. Deloitte Catalyst: Over 50 Cutting-Edge Use Cases. The company says....
Three members of Deloitte’s blockchain team specializing in building custom distributed ledger products for enterprises have left the organization to found what could be seen as a competing product. Founded in 2015, Deloitte's Rubix blockchain division played an integral role in positioning the company at the forefront of global financial institutions working to tap the emerging technology for new efficiencies. But, far from a radical departure, the co-founders of the newly launched startup, called Nuco, say the real reason they've departed is to raise more capital faster than they could....
'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:....