On Thursday, August 11, at the New York meeting of representatives of the "Big Four audit", which discussed the establishment blokcheyn Consortium. The event was supported startup Consensys.
In a series of discussions, representatives of the companies Deloitte, Ernst & Young, KPMG and PwC have tried to come to an understanding that the audit market leaders can do for the development of new standards for the use of blokcheyna in your industry and how technology can improve the efficiency of their work.
Guests of the event were about 40 people, among whom attended Campbell Pryde, CEO of XBRL US, the representatives of Grant Thornton accounting firm, and Microsoft IT-giant.
The participants shared the view of the high degree of attractiveness of the idea of creating such a konsortsiumay. For example, a leading strategist blokcheyn Ernst & Young, Angus Champion de Crespino said that he is interested in how such integration could curb the power of technology breakthrough.
Initially seen as a possible threat to the banking sector, blokcheyn technology is now becoming more and more attractive in relation to the proposed it to generate new forms of profits and streamline the flow of repetitive tasks.
"The procedures themselves can vary, but should always be a kind of insurance. Let's see what happens out of it ", - quotes the de Crespina edition CoinDesk.
Senior Partner of Ernst & Young, Scott Zimmerman supported his colleague, explaining that his company took part in the meeting to be a step ahead of events and not be caught off guard when the blokcheyn change the principles of the auditors.
"This has been the Internet. You do not know how fast you overtake change ", - said Zimmerman.
During the event, representatives made a presentation Consensys blokcheyn technology and its potential in the field of auditing. As a specific example, I was brought Ethereum protocol on the work with which specializes startup.
In addition, affiliated with Consensys startup Balanc3 presented based on a smart-system contracts triple entries in the accounts. This tool, along with personal data uPort control system will be involved in the project blokcheyn bank, which plans to build were announced in conjunction with Deloitte in May 2016.
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