KPMG in India and The Hashgraph Group AG to Enable Enterprise Blockchain Adoption

KPMG in India and The Hashgraph Group (THG), a Swiss-based international business, venture capital, and tech company operating within the Hedera ecosystem, announced an alliance.

The alliance is expected to see KPMG in India and The Hashgraph Group AG (THG) collaborating to “enable and advance blockchain adoption, thereby aiming to deliver transformative benefits to enterprise clients globally and across various sectors.”

The alliance is expected to aim to offer co-branded and joint go-to-market solutions, leveraging THG’s Hashgraph for Enterprise (H4E) product suite to enable businesses to “benefit from secure enterprise-grade solutions built on the Hedera with service level agreements (SLAs).”

The evolution of blockchain/DLT as a technology, to a complete digital infrastructure, showcases its abilities “to boost security, reduce costs, and enable everyday transactions.”

Chaitanya Gogineni, Partner, Digital Lighthouse, KPMG in India said

“This alliance is built on a shared vision of empowering businesses to harness the power of DLT, unlocking new opportunities and creating lasting value”.  

To this effect, this alliance is expected to combine KPMG in India’s expertise in the area of advisory and consulting services with Hedera’s DLT platform to create “decentralized solutions that can be easily, safely, and seamlessly integrated.”

The alliance  could look at addressing challenges and enterprise needs in areas such “as digital identity (DID), digital product passport (DPP), sustainability, supply chain management, asset tokenization.”

Stefan Deiss, Co-Founder & CEO of The Hashgraph Group stated:

“This strategic alliance with KPMG in India represents a pivotal moment in combining the strengths of a leading  professional services firm with the technological power of Hedera as the world’s leading layer-1 protocol to enable organizations with Hedera-powered post-quantum enterprise solutions.”

Additionally, the structured collaboration in the productization and commercialization of blockchain/DLT for enterprises, might enable KPMG in India and THG to “pool engineering resources, advisory expertise, investments, and strategic Web3 capabilities to serve the demand for enterprise ready blockchain-powered solutions.”

Krishna Tyagi, Head of Web3 at KPMG in India said

 “Our alliance with The Hashgraph Group  is expected to enable us to offer our clients immense value and drive innovation in the digital economy enabled by blockchain technology.”

Hedera leverages its Hashgraph consensus algorithm to “achieve high speed, security, and scalability.”

It’s low fees reportedly make it suitable for enterprise applications ranging from decentralized finance to sustainability solutions to supply chain management.

Governed by some of the world’s organizations, including the 32 Hedera Governing Council members Hedera offers a “quantum-resistant infrastructure for businesses and institutions.”

Anindya Roychowdhury, Head of Global Partnerships at The Hashgraph Group said:

“India is emerging as the world’s #1 destination for Web3, and this strategic alliance will establish Hedera as the preferred DLT protocol for governments and enterprises; we have already made significant inroads through our local presence in India and expect to scale massively over the coming years.”



Sponsored Links by DQ Promote

 

 

 
Send this to a friend