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Deloitte Launches Blockchain Experimentation Tool

This article is more than 4 years old
News
Deloitte Launches Blockchain Experimentation Tool

In a bid to make it easier for startups to understand the workings of distributed ledger technology (DLT) and how its numerous use cases can be implemented, Deloitte, one of the “big four” accounting firms and the largest professional services network in the world, has launched Blockchain In a Box (BIAB). BIAB is a mobile blockchain demo platform for prototyped solutions according to a press release, August 19, 2019. 

DLT Demonstrational Platform

As stated in its press release, big four accounting firm, Deloitte has launched “Blockchain in a Box,” a platform designed to provide clients interested in the revolutionary technology with intuitive, tangible DLT demonstrations.

Deloitte describes its BIAB system as a mobile all-in-one tech platform that comes with “four small-form-factor compute node, three video displays and networking components for hosting blockchain-based solutions.

BIAB’s networking components makes it possible for the platform to interact with and get integrated into external services like cloud platforms.

The team says each node on BIAB accepts Secure Digital (SD) card media that enables it to facilitate fast selection and exchange of demo blockchain solutions designed to suit the specific needs of each client.

Deloitte Fostering Blockchain Adoption 

Earlier in May 2019, Deloitte conducted a Global Blockchain Survey and 83 percent of respondents hinted that their companies see real use cases for DLT, while another 53 percent revealed that their firms have prioritized blockchain adoption this year.

Against that backdrop, Deloitte decided to develop BIAB to give clients a better understanding of what blockchain technology can do, as well as its limitations.

Commenting on the launch of BIAB, Linda Pawczuk, principal, Deloitte Consulting LLP, and U.S. blockchain leader stated that:

“Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions. Often times, people think DLT is an entirety of technology, whereas, in reality, it’s a tech component that enables larger business approaches and applications.”

Deloitte says it has helped many clients to gain a deeper understanding of blockchain technology using the BIAB solution, adding that the platform “helps to demystify DLT and is a refreshing and well-grounded approach than traditional slideware-based demonstrations.”

In related news, earlier in November 2018, BTCManager informed that Deloitte had joined forces with Attest had joined forces to develop blockchain-based digital identity solutions for governments.

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