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Deloitte launches blockchain demo platform


Deloitte on Monday released a mobile platform for demonstration of blockchain to its clients. Blockchain in a Box (BIAB) is capable of hosting blockchain-based solutions, with an ability to sift through tailored demo solutions for Deloitte’s customers.

“Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions,” said Linda Pawczuk, principal, Deloitte Consulting LLP and US blockchain leader. Pawczuk noted that blockchain is misunderstood and BIAB can address the gap of understanding the technology.

The professional services company said it has demonstrated BIAB to several clients and other stakeholders.

“It (BIAB) helps to demystify blockchain and is a refreshing and well-grounded approach versus traditional slideware-based demonstrations,” said Chih-Wei Yi, principal, Deloitte & Touche LLP.

In May, Deloitte released its 2019 blockchain survey, which found that 53% of enterprises placed blockchain in the top-five strategic priority list. Also, about 83% of the respondents said that their organizations see compelling use cases for blockchain.

Deloitte has been investing in blockchain over the past year, and the company’s efforts can be seen with a number of partnerships. Most recently, Deloitte along with IDEO CoLab, Amazon, Fidelity and several other corporations joined hands to develop a blockchain targeted business accelerator, Startup Studio.

Three months ago, the Big Four audit company announced its collaboration with Ireland’s Institute of Banking to develop a blockchain credentialing platform. The project aims to enable banks to have a single view of all their employees’ qualifications and learning where the employees keep control of the data in their own software wallets.

In December 2018, the company collaborated with Kerry Logistics to assist CargoSmart to successfully connect multiple blockchain networks in a Proof of Concept (PoC). The objective was to enable shipping carriers to share digital documents across networks and enhance the efficiency of the industry.