Altcoin News: KPMG and Guardtime Collaborate to Develop Blockchain-Based Products and Services

February 22, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The auditing company KPMG, which belongs to the Big Four of the world’s largest auditors, works with the Estonian blockchain-startup Guardtime to develop various products and services for businesses.

“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.

Over the past three years, the Guardtime blockchain technology has increasingly been used in various areas of the economy, including at the state level. Last year, Guardtime signed a cooperation agreement with the auditing company EY to create a blockchain insurance platform for the shipping industry. The pilot has already been tested by Maersk.

“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.” said Arun Ghosh, who is responsible for implementing the blockchain.

Author: Marko Vidrih