Rajarshi Mitra
Independent Analyst
- Deloitte recorded more transactions than Bitcoin over the weekend.
- PwC, Ernst and Young, and KPMG are also looking into DLT solutions.
Deloitte reveals at the VeChain Summit 2019 that its clients will migrate from Ethereum to VeChainThor. Director of Deloitte, Cillian Leonowicz on consultation with EMEA Blockchain Lab Co-Lead, reports on Twitter that:
“We wrote more transactions than Bitcoin over the weekend by migrating our client work from Ethereum to VeChain – we managed to execute 20+ smart contract transactions per second. This is a massive achievement for our EMEA Blockchain Lab, VeChain and the DNV GL platform. We are #makinganimpactthatmatters and rolling out blockchain in production.”
Antonio Senatore, Global CTO of Deloitte’s blockchain team and Vechain Redditors also appreciated this move by Deloitte. Senatore said:
“This is what we call adoption and it’s only the beginning…some very important work on smart contract, especially the part related to versioning.”
Apart from Deloitte, PwC, Ernst and Young, and KPMG are professional services industries who want to employ Distributed Ledger Technology (DLT) solutions to their industry.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
XRP climbs above $0.54 as Ripple announces exchange partners for Ripple USD stablecoin
Ripple holds steady above key support at $0.54 on Tuesday as payment remittance firm Ripple makes announcements regarding exchange partners for its stablecoin RLUSD that is in the final stages of its launch.
Crypto Today: Bitcoin loses slightly, Ethereum and XRP dip as Ripple Swell event goes live on Tuesday
Bitcoin holds steady above $65,500 on Tuesday, erasing less than 1% to its value. Ethereum and XRP prices recede slightly on the day.
Solana Price Forecast: SOL risks 12% drop as bankrupt FTX exchange offloads holdings
Solana sees a volatile trade on Tuesday, with a whipsaw move in the early American session. After recovering initial daily losses and extending its recent upward move aiming to recapture the $160 level, SOL’s price sharply declined in the last hour.
Bitcoin Price Forecast: BTC breaks above $67,000
Bitcoin extends its gains on Tuesday, trading above $67,000 after a 5% rally on Monday, driven by robust demand reflected in over $555 million in inflows into US Bitcoin Spot Exchange Traded Funds, as well as a Tuesday report from crypto asset trading firm QCP that underscores growing optimism for BTC.
Bitcoin Weekly Forecast: Will BTC decline further?
Bitcoin’s (BTC) price fell over 6% at some point this week until Thursday, extending losses for a second consecutive week, as it faced rejection from a key resistance barrier.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.