KPMG And Guardtime Enterprise Blockchain Firm To Develop New Business Features For Companies
KPMG And Guardtime Partner To Develop New Tools For Companies And Businesses
The big four company KPMG partnered with the blockchain company Guardtime to provide blockchain-enabled business processes to clients. The information was released by KPMG on February 20 in a blog post.
Guardtime is a blockchain platform that provides immutable data integrity for electronic data. It also simplifies the compliance, audit and security requirements for organizations that drive digital transformation. This is how Guarditme offers companies a scalable platform and that integrates with legacy business processes and apps.
Michael Gault, the CEO of Guardtime, said about the new partnership:
“Guardtime’s clients are companies that want to transform their business and win in the digital domain. Partnering with KPMG’s blockchain enablement services makes the technology real and gives clients the ability to take them to market across many industries.”
With the latest partnership, the companies will be working together to address complex business issues in different areas such as supply chain, data rights management, compliance procurement, finance, identity management, cloud audit, migration, and many others.
Arun Ghosh, KPMG’s National Blockchain leader said that their alliance with Guardtime will give clients access to a new and secure digital platform. This will allow them to transform their business in areas that have several manual processes and where it is important to have data accuracy and trust.
Guardtime is already working all over the world and it offers services to businesses related to defense, telecommunications, life sciences, financial services and more. Meanwhile, KPMG is working in 153 countries. Back in November, KPMG analysts identified cryptocurrencies as an important phenomenon.