With less than 24h left until close of pre-sale, we would like to give you an update on the feedback we received so far from the pension market.

As you might have seen, yesterday we were featured on Bloomberg alongside Prudential, Fidelity and Cognizant who are all at the forefront when it comes to bringing blockchain to the pension world.

The latest article shows the current momentum in the pension fund industry. The pension fund industry is huge, but is battling issues at various fronts. Blockchain and smart contracts are a chance for this market to modernize and improve its processes.

The Timing is Right for Auctus

Various pension funds and pension fund providers are interested to get into blockchain and smart contract technology:

Prudential

Prudential, a pension giant, has its own retirement innovation lab, with research and development initiatives of blockchain usage in retirement services.

KPMG

KPMG Consulting has an entire team dedicated to blockchain and is convinced that blockchain will transform pension fund operations.

https://www.ipe.com/countries/netherlands/blockchain-technology-could-transform-pensions-administration-kpmg/10018906.article/

PwC

PwC Consulting is predicting that blockchain technology will revolutionize the pension industry and has also teams dedicated to blockchain.

http://pwc.blogs.com/pensions/2017/01/five-key-pentech-predictions-for-2017.html

Fidelity

Fidelity, one of the largest pension fund asset managers, is running a lab to experiment with blockchain technologies.

https://www.fidelitylabs.com/

Cognizant

Cognizant, one of the largest consulting firms, is running a retirement services sub-practice where they are advising pension funds on implementing blockchain solutions.

https://www.cognizant.com/whitepapers/how-retirement-services-providers-can-tap-blockchain-thinking-and-technology-codex1884.pdf