It’s one of the most sought after skills in the industry, and many companies are hoping to tap it.
A new class of cryptocurrency startups have been growing fast in recent years, with many seeing a huge opportunity for a new generation of professionals to become involved in blockchain startups.
However, for some of the more seasoned industry insiders, a minimum investment is required to gain access to this lucrative field.
That’s what the business consulting company Deloitte has been talking about with its new blockchain-based platform, which aims to help business owners make the most of blockchain-enabled technologies like smart contracts.
“A blockchain-powered smart contract will be a catalyst for new industries in finance and technology,” the company wrote in a blog post.
“By allowing the creation of secure smart contracts, this platform enables businesses to leverage blockchain to build new applications that benefit their clients and customers.”
By enabling smart contracts to be stored in a distributed ledger, blockchain-driven technology can be used to automate processes that could otherwise be time consuming and expensive.
“It’s the latest move by Deloittes business partner, KPMG, which launched its own blockchain-backed platform in 2018 to enable financial firms to automate their compliance with KYC, AML and VAT regulations.”
While Deloistes blockchain-inspired platform has already helped its clients in a number of sectors, the new platform for business consultants aims to address one of their biggest hurdles – the lack of blockchain talent. “
This platform is being built to give blockchain developers, technologists and investors the opportunity to leverage these technologies in a wide range of applications, from finance to healthcare.”
While Deloistes blockchain-inspired platform has already helped its clients in a number of sectors, the new platform for business consultants aims to address one of their biggest hurdles – the lack of blockchain talent.
“We have found that the traditional blockchain talent pipeline is currently very limited,” Deloita said in the post.
“There is a lack of experienced blockchain developers in many of the top tier companies that are using blockchain technology.
These are the companies that rely on blockchain technology as their business model and as a business strategy, or are the ones that are most dependent on it,” she continued.”
For many, it can be a very daunting challenge to access blockchain-generated information and to get involved in this space, and there are many that are either unwilling or unable to invest in this.”
Deloita also pointed to the importance of blockchain technology for a wide variety of industries and professions, including accounting, financial planning, healthcare and law.
“Many of the professions that are currently in the infancy of blockchain development have not yet seen the impact of blockchain technologies,” she added.
“The blockchain ecosystem will provide them with the skills and resources to take advantage of blockchain to improve their performance and the economy.”
According to Deloisse, blockchain technologies will enable financial institutions to:Increase transparency in their transactions and payments, and increase transparency and transparency of their financial transactions.
Improve accountability and compliance with regulatory standards.
Increase transparency and audit of financial transactions, and enhance accountability.
Improve transparency and compliance of transactions, processes and technology.
Make financial transactions more secure and transparent.
Deloiste believes the blockchain technology is a critical part of the future of financial services.
“Blockchain technology is poised to disrupt the banking industry by enabling a much wider range of financial instruments to be transacted by the global community of financial intermediaries,” the firm said.
“Blockchain technologies will allow banks to provide new types of services to their clients, such as online payments and secure and secure smart contract services.”
“This technology will provide an unparalleled opportunity for financial institutions around the world to better protect their customer data, reduce fraud and facilitate better transaction integrity.”
The company also pointed out the importance to blockchain-related industries in the global economy.
“The blockchain is poised for a significant increase in global adoption, with some estimates projecting that it will be the first financial technology that is deployed in over 80% of all transactions by 2021,” it said.