Microsoft and KPMG Cut Deal and Kickoff Blockchain Nodes in Frankfurt and Singapore

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KPMG International and Microsoft have announced a fresh collaboration through the launch of a new project called Blockchain Nodes and also announced the first workspaces will be located in Frankfurt and Singapore with a further location will be opened in New York.

Microsoft and KPMG say the partnership allows start-ups to move securely to cloud storage and that adoption of Blockchain allows developers to create applications suited to real world processes.

The two companies are long-time collaborators and have a mutual global alliance and this partnership allows Microsoft to match its technology with KPMG’s Blockchain application expertise. The newest agreement will place an emphasis on the financial services industry.

More specifically, Blockchain Nodes will help to develop new technology to determine how Blockchain can help business processes.

In a statement, Marley Gray, principal architect program manager, Azure Blockchain Engineering at Microsoft discussed the agreement with KPMG.

“Together with KPMG’s experience in successfully transforming business models, we are pursuing innovative applications of Blockchain technology that will help our customers worldwide achieve their strategic goals… The global availability of our Microsoft Azure cloud platform, the hybrid cloud architecture, and multi-tiered security address the specific compliance requirements of clients and help accelerate the use case process”

Jens Rassloff, KPMG’s global head of Alliances says the collaboration with Microsoft is important. It allows a new approach to solving client issues. He also urged small businesses to embrace the development of the service.

“We are also inviting the start-up ecosystem to participate in use case development, which will help enable a greater range of solutions for the challenges Blockchain implementation presents for financial institutions and other industry players.”

KPMG is a leader in Blockchain solutions. Last year, the company debuted its Digital Ledger Services. This suite of services gives finance sector companies the ability to fully utilize Blockchain capabilities. Through the suite, customers can get faster and more secure transactions, streamlining and automating back office operations, and reducing costs by utilizing Blockchain-based technologies.

About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, Chronobank, eGaas and others. He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List.

As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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