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KPMG and Microsoft announce new 'Blockchain Nodes'

First Published 16th February 2017

First joint blockchain nodes open in Frankfurt and Singapore; will identify new applications and use cases for blockchain technology.

Marley Gray, Microsoft

Marley Gray, Microsoft

New York - KPMG International and Microsoft Corp. have announced the launch of joint Blockchain Nodes (innovation workspaces) which are designed to create and demonstrate use cases that apply blockchain technology to business propositions and processes. The first joint Blockchain Nodes are in Frankfurt and Singapore, with future plans for a location in New York.

With a priority focus on applications for financial services, plans are for the Blockchain Nodes 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.

"Together with KPMG's experience in successfully transforming business models, we are pursuing innovative applications of blockchain technology that will help our customers worldwide achieve their strategic goals," said Marley Gray, principal architect program manager, Azure Blockchain Engineering at Microsoft. "The global availability of our Microsoft Azure cloud platform, the hybrid cloud architecture, and multi-tiered security address the specific compliance requirements of clients and help accelerate the use case process."