Big four auditing firm PricewaterhouseCoopers (PwC) is the top recruiter for blockchain-related jobs on recruitment platform Indeed, search results showed at press time on March 30. At press time, PwC is responsible for 40 blockchain-related job offers on the platform. Other big four auditing firms are apparently recruiting professionals in this niche on the platform: more precisely, Ernst & Young posted 17 such announcements, while Deloitte posted 10. This leaves KPMG as the only big four auditing firm not recruiting blockchain professionals on the platform. Tech giants IBM and Oracle posted ten job offers related to blockchain as well, while …

A survey by Big Four audit company KPMG shows that 48 percent of C-level executives believe blockchain is likely to change the way they do business in the next three years. The results of the poll were shared with Cointelegraph on Feb. 26. KPMG has conducted its Technology Industry Innovation Survey for the seventh time from December 2018 to January 2019. It includes responses from over 740 global tech entrepreneurs from 12 countries. 66 percent of the respondents were C-level executives. According to the poll, almost half of the executives believe that blockchain will likely or very likely change the …

Big Four auditor KPMG announced it had partnered with enterprise blockchain company Guardtime to offer blockchain-based services to clients in a press release on Feb. 20. KPMG, which has experimented with blockchain before, has entered into a strategic alliance with Guardtime and will work on various products and services using its platform. “Using KPMG's blockchain enablement services, KPMG professionals will work with Guardtime to provide strategy, assessment, as well as design and implementation services,” the press release explains. Over the past three years, Guardtime’s technology has made its way into various corners of the global economy, including via partnerships with …

Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ focuses on why and how institutional investors should enter cryptocurrency, along with “challenges” the process faces and under what circumstances crypto could become a “full-fledged asset class.” “Cryptoassets have potential. But for them to realize this potential, institutionalization is needed,” the report’s authors argue, continuing: “Institutionalization is the at-scale participation in the crypto market of banks, broker dealers, exchanges, payment providers, fintechs, and other entities …

PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY) and KPMG, better known as the “Big Four” auditors, all have established solid long-term blockchain roadmaps to remain relevant in the cryptocurrency and blockchain space. The four professional services conglomerates, which combined employ over a million individuals, have different roadmaps and perception of the future of the blockchain industry. Deloitte for instance, the biggest auditor out of the four with an annual revenue of around $43.2 billion, has stated that the blockchain sector is close to seeing a breakthrough with the technology. “Ultimately, [blockchain is] more of a business model enabler than a …

Hydrogen, a NYC-based business that was recently named KPMG’s fintech startup of the year has signed a public blockchain licensing deal with TD Bank – the world’s 12th-biggest bank in terms of market capitalization. Hydrogen is a decentralized ecosystem for financial services that combines artificial intelligence, record keeping, authentication, payments and identity services. The initial phase of the collaboration will integrate Hydrogen’s APIs into TD’s WebBroker program, which will allow all TD clients to design their own financial plans and implement custom investment portfolios. Future developments will include several new capabilities for TD retail banking customers as planned integration of …

Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual “The Pulse of Fintech” report released today, July 31. KPMG is one of the world's largest auditing firms, collectively known as “The Big Four” — alongside Deloitte, Ernst & Young and PwC. KPMG suggests that blockchain tech is “moving beyond experimentation” to draw “significant” attention from investors in the first two quarters of 2018, noting that investments were typically more focused on experienced firms and consortia that sought additional rounds of …

The recent initiative of the world's four largest auditing — Deloitte, Ernst & Young, KPMG and PwC — to join a pilot of 20 Taiwanese banks to test blockchain technology for fiscal audits, confirms how developments are expected in the work of external audit. Despite the auditors have been sometimes criticized for their lack of capacities for catching issues before they blow up, an external audit is a fundamental part of the assurance environment for international groups, both private and public. This can be defined as the process of conducting an objective examination of an organization’s accounts, books, documents and …

Major global auditing and consulting firm KPMG has published a study focused on financial crime in Switzerland, with a section on cryptocurrency’s role, Cointelegraph auf Deutsch reported June 28. KPMG devotes a section of their study to the role of cryptocurrency in money laundering and financial crime, illustrating methods used to launder money via digital currency. In the text addressed to financial institutions, KPMG also lays out tips on how to tackle the phenomenon. According to KPMG, money laundering can be accomplished by buying cryptocurrency at an exchange or by cash or debit card at cryptocurrency ATM using the services …