Deloitte has announced that it is working with BlockCypher, Bloq, ConsenSys, Loyyal (formerly Ribbit.me) and Stellar to provide new blockchain solutions to its clients. The giant accounting firm is in the process of creating twenty prototype technologies based on blockchain in varied fields including digital identity, digital banking, cross-border payments, loyalty and rewards, investment management and insurance.
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“Deloitte’s market leadership in financial services coupled with Bloq’s expertise in blockchain technology, creates a very powerful combination in the industry,” said Matthew Roszak, co-founder and chairman of Bloq. “Every CTO on the planet is in the process of developing their blockchain strategy, and this partnership will help further enable these discussions with the guidance and expertise they need.”
Deloitte is one of the ‘Big Four’ accounting firms and the second largest professional services network in the world by revenue.
Joe Guastella, a principal with Deloitte Consulting LLP, and U.S. and global leader of the financial services practice, said: “Blockchain is proving to be a major disruptive force in financial services. The industry prototypes and pilots have shown this, and we continue to focus on helping our clients to make blockchain a reality for their businesses.
These five blockchain companies are collaborating with Deloitte’s teams not just in the U.S., but across key geographies as well. Each complements our deep industry experience and, together, we are harvesting the benefits of blockchain technologies — developing new revenue models, improving cost efficiencies and creating innovative solutions across the globe.” Bloq expands
Unrelated to the Deloitte deal, Bloq has also announced that it is expanding its team, revealing its Board of Advisors and launching a “Blockchain Operating System,” which the firm’s co-founder Jeff Garzik calls “the […]
