Deloitte introduced Blockchain in a Box (BIAB) designed to provide intuitive, effective blockchain demonstrations and experimentations. This news emerged on 19 August.
Deloitte provides audit, consulting, tax and advisory services to many of the world’s most reputed brands. Deloitte’s personnel work across the industry sectors that drive and shape the marketplace. Such workforce delivers measurable and lasting results that help strengthen public trust in the capital markets. Clients can also see challenges as opportunities to transform and thrive while helping to lead the way towards a stronger economy.
Deloitte commenced by informing that BIAB is a mobile, self-contained technology platform capable of hosting blockchain-based solutions. The platform is spread across three video displays while also supporting networking components that enable integration with external services. Such external media could be, for instance, traditional cloud technologies. Deloitte further added that each node facilitates rapid selection and exchange of demo solutions.
Linda Pawczuk, principal, Deloitte Consulting LLP, and U.S. blockchain leader cited –
“Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions. What’s often misunderstood about blockchain is that it is an entirety of a technology solution — when in reality, it’s a technology component that enables larger business applications and approaches. Our mobile demonstration is practical, tactical and most importantly, tangible to clients.”
Deloitte further added that it had demonstrated the BIAB to several clients and to the broader blockchain community. The fintech major also conveyed presenting the solution at multiple conferences, including Consensus 2019. Chih-Wei Yi, principal, Deloitte & Touche LLP expressed that each time they have used the BIAB to leverage exploration, the reaction was curiosity and excitement.
In a blog post published by Gemini, the New York-based crypto exchange and custodian announced that it had secured a security and compliance landmark. The security test was conducted by ‘Big Four’ Deloitte & Touche LLP (Deloitte). Deloitte evaluated the application, infrastructure, underlying customer database, and cryptocurrency storage that holds vital data of Gemini’s offline/online wallet.
Deloitte wrapped up informing that earlier in the year, it released its annual Global Blockchain Survey. The firm added that the survey revealed blockchain investment continuing to surge as new, practical business applications gain momentum. Deloitte shared interesting numbers quoting eighty-three percent of the survey respondents stating their organizations see use cases for blockchain. Another 53% claimed that blockchain technology had become a critical priority.