One of the many revelations to come out of the VeChain Developer Summit on April 18th was the addition of Deloitte Global Blockchain Team CTO Antonio Senatore to the VeChain Advisory Board. Senatore is backed up by a large team of blockchain developers who had previously been working on a number of platforms, most notably Ethereum. Between April 26th-30th, the blockchain team set about migrating their client solutions away from Ethereum onto the VeChain platform.

Deloitte made their blockchain plans transparent on April 18th at the Summit

Deloitte, coming off a record revenue of $43.2 billion in FY2018, will be looking to provide blockchain services to their impressive client portfolio spanning 150 different countries. In order to improve the VeChain service offering, the Global Blockchain Team at Deloitte has been building a number of open-source tools, including a block explorer and a VeChain version of Truffle, known as Loki. Loki is a tool for managing and creating smart contracts, something that simplifies the workflow for developers looking to build, test, and deploy their smart contracts on the mainnet.

Part of the ongoing migration includes a large number of certificates that Deloitte and DNV GL co-manage. These certificates guarantee that their clients’ safety, procedures, supply chain, and facilities are in accordance with international standards. At the time of writing, they had already surpassed 1.4 million clauses (over 4.5 days) on the mainnet, demonstrating an impressive example of what the VeChain mainnet is capable of in an enterprise setting.

Deloitte shows off their digital certification process

Deloitte is a powerhouse in the FinTech industry, and their EMEA blockchain lab based in Dublin should introduce VeChain to a whole new range of clients, particularly those providing financial services. Most impressive is Deloitte’s role in the VeChain ecosystem, as they bring advisors, developers, and an unrivaled portfolio of enterprise clients. This is a strong statement of intent from Deloitte, who appear to share DNV GL and VeChain’s appreciation for the value of public blockchain solutions designed for enterprises.