KPMG International and Microsoft Corp. announced Wednesday the launch of joint Blockchain Nodes, which they said are designed to “create and demonstrate use cases that apply blockchain technology to business propositions and processes.”
The KPMG and Microsoft Blockchain Nodes will expand on a global alliance, which combines Microsoft’s technical expertise with KPMG’s deep industry and blockchain application knowledge, together with strong connections to the start-up and developer communities, said KPMG.
The Blockchain Nodes will help to further examine how blockchain technology can optimize business processes and models for healthcare and the public sector, and potentially other industries in the future, KPMG said.
“The Blockchain Nodes will play a critical role in identifying new applications and use cases that blockchain can address,” said Eamonn Maguire, global and US leader for KPMG’s Digital Ledger Services. “They will enable us to work directly with clients to discover and test ideas based on market insights, creating and implementing prototype solutions that use this innovative technology.”
The first joint Blockchain Nodes are in Frankfurt and Singapore, with future plans for a location in New York.