Deloitte clients to migrate from Ethereum to VeChain

Deloitte recorded more transactions than Bitcoin over the weekend.
PwC, Ernst and Young, and KPMG are also looking into DLT solutions.

Rajarshi Mitra Independent Analyst

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.

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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