Industry Giants Wrap Up Blockchain Pilot Project

Josh O'Neill

3 April 2017

A Hong Kong regulator, for trade finance though there are still a number of matters such as legal, regulatory and governance issues which need further consideration,” Li Shu-pui, executive director of HKMA, said. “We will continue to work with the banking industry to explore the possibility to materialise the value proposition of this proof of concept work.”

Deloitte continues to generate ripples as it wades through the waters of blockchain at speed. Earlier this year, the group launched blockchain laboratories in Dublin, Ireland and in the heart of Wall Street, which created breeding grounds for firms looking to create solutions that use the nascent technology.

Deloitte's blockchain team is comprised of more than 800 professionals spanning across 20 countries. To date, the firm has developed more than 30 blockchain-based prototypes.