Wall Street Blockchain Alliance’s (WSBA) website. With the move, KPMG, a “big four” audit firm, will also have a seat on the board of directors. KPMG’s alliance with the WSBA could mean sizable increases in the uptake of blockchain technology. Both KPMG and the WSBA show equal enthusiasm about the partnership and its potential, with Ron Quaranta, WSBA Chairman stating:
We are truly grateful to have KPMG join the WSBA family as a corporate member. As one of the world’s leading professional services companies, KPMG sits at the cutting edge of blockchain innovation across multiple segments of the global economy. We look forward to collaborating with them, as our global members and indeed the world, begin to implement blockchain innovations across financial markets and beyond.
The deal between the two parties is part of a boarder trend amongst large corporations of adopting blockchain technology with, for example, American Express, Mastercard, and Bank of America recently implementing platforms using the technology. About the Wall Street Bank Alliance The WSBA is a non-profit trade association that guides, advocates, and promotes industry-wide adoption of distributed ledger and blockchain technology in global financial markets.]>
