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Topic: [2015-07-14] CD: Deloitte Trials Blockchain Tech for Client Auditing (Read 223 times)

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Deloitte Trials Blockchain Tech for Client Auditing

Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications.

With the announcement, Deloitte – one of the world's 'Big Four' audit firms – becomes the latest mainstream financial entity to voice its interest in the technology, following announcements by banking giants such as Citi, UBS and USAA.

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The DCC, he said, has three mandates: educate Deloitte and its clients on opportunities in the space, investigate how the technology could improve existing services and explore future solutions built on the blockchain.

The announcement follows written reports from Deloitte on various subjects including bitcoin's use as a money exchange protocol, a way to manage staff payments and the viability of a central bank-owned cryptocurrency.

http://www.coindesk.com/deloitte-blockchain-auditing-consulting/



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