UK-incorporated multinational professional services network company Deloitte and ICON have officially signed an agreement which is intended towards empowering and developing blockchain projects.
When it comes to blockchain technology, Deloitte has been very much on the forefront of the technology have officially brought around 30 blockchain projects under their radar. Now that Deloitte blockchain labs and ICON have partnered up, it is said that several new blockchain start-ups will be highly benefitted.
YH Kim, Managing director of Deloitte Startup Advisory Group, said
“Collaboration between leading companies in the blockchain business is essential. By working with ICON we look forward to creating best practices for applying blockchain technology in the real world and expand our strength in the blockchain industry.”
The Deloitte startup advisory group is expected to provide several benefits to blockchain projects. Some of them include:
- Investment advisory
- Tax advisory
- Financial guidance
- Overseas development support
- Inventory management
A member of the ICON team, JH Kim, stated,
“We expect to expand our blockchain network and activities with the collaboration of Deloitte’s global network and partners.”
Now with the pace of blockchain projects being undertaken, it is not surprising to see the kind of capital and work being put in the technology. India has also started gearing up for the several blockchain technology initiatives. In fact, earlier this week, Ripple, announced its blockchain research initiative for several universities which included a donation of $50 Million dollars. The list of universities also covered two Indian universities, : IIT Bombay and IIIT Hyderabad.
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