Big Four Firm KPMG Partners With Blockchain Co. Guardtime to Develop Tools for Businesses
The Big Four firm’s strategic partnership will enable the expansion of its blockchain offerings across its target markets.
KPMG, which has experimented with blockchain before, has entered into a strategic alliance with Guardtime and will work on various products and services using its platform.
“Using KPMG's blockchain enablement services, KPMG professionals will work with Guardtime to provide strategy, assessment, as well as design and implementation services,” the press release explains.
Arun Ghosh, KPMG's National Blockchain leader, meanwhile commented:
“KPMG's deep business and technical experience along with Guardtime's blockchain platform drives business transformation in areas that are encumbered with manual processes and where data accuracy, trust, and security are paramount.”
In a November report, analysts at KPMG went beyond blockchain, also identifying cryptocurrency as an important phenomenon, but arguing that institutional investment in the market was essential for growth.