Deloitte has joined the Ether.Camp virtual accelerator as a gold sponsor.

The announcement

According to Steve Taylor, a media officer at Ether.Camp, Deloitte has joined German energy company RWE Innogy and WanXiang Blockchain Labs as the third gold sponsor of the Ether.Camp 2016 Hackathon, highlighting the potential of the virtual accelerator to extend the reach of the Blockchain technology across markets.

Concerning the development, the CEO and Founder of Ether.Camp, Roman Mandeleil, had this to say to Cointelegraph:

“We are happy to see such a deep understanding of the crypto economics starting to get into all the sectors of the IT industry.”

Over 40 teams have their camps set up already, and their plans laid out while developing their prototypes. Taylor says that the audience will be backing their preferred teams using HackerGold, the token of the virtual accelerator.

The birthplace of startups

Blockchain Lead from Deloitte, Alex Shelkovnikov, who also happens to be a judge at the event, discussed the role of his company in sponsoring the event:

"We are looking forward to seeing a lot of great ideas being worked on, and hope that some of these are going to become great start-ups in the future."

The 2016 Hackathon is expected to run from Nov. 17 to Dec. 22, and the winner is expected to go home with a $50,000 prize in any crypto plus the chance to start a HackerGold ICO.