KPMG Digital Ledger Services from KPMG member firms enable financial institutions to realize the potential of blockchain capabilities in the cloud, including faster and more secure transactions, streamlined and automated back office operations, and reduced costs. KPMG member firms can provide full lifecycle support – from strategic qualification and business case development to relevant use-case development, systems and operations integration, and on-going management of a company’s blockchain infrastructure.
KPMG and Microsoft are creating and implementing prototype solutions that use blockchain technology at joint blockchain “nodes” around the world, enabling clients to discover and test ideas based on market insights. The KPMG and Microsoft Blockchain Nodes located in Frankfurt, New York and Singapore will provide an opportunity to create and demonstrate use cases that apply blockchain technology to business propositions and processes and help clients achieve their strategic goals. With a priority focus on applications for financial services, the blockchain nodes will also further examine how blockchain technology can optimize business processes and models for healthcare and the public sector, and potentially other industries in the future.
Working with Microsoft, KPMG member firms can help clients in highly regulated industries like financial services, healthcare and government adopt blockchain. Microsoft’s Blockchain as a Service (BaaS) platform is backed by Microsoft Azure. With Microsoft Azure’s hybrid cloud capabilities, extensive compliance certification portfolio, and enterprise-grade security, we can provide customers new blockchain services that will simplify their complex business processes and help them stay ahead in the industry.
Read KPMG member firms’ announcements below.