Countdown to Blockshow Europe 2017
The excitement is palpable as we approach the largest Blockchain event of the year, Blockshow Europe 2017, set to take place in Munich. With just over a week to go, the anticipation for this groundbreaking conference is hotter than a fresh cup of coffee on a Monday morning.
Partners in Innovation: Cointelegraph and Deloitte
Cointelegraph Events is thrilled to announce its partnership with Deloitte Germany, a titan in the world of accounting and professional services. According to Addy Crezee, CEO at Cointelegraph Events, this collaboration is all about enhancing the experiences of attendees, and they’re keeping some surprises under wraps for now. Who doesn’t love a good mystery?
Insights from the Experts
Deloitte isn’t just showing up to the party; they’re ready to bring the house down with knowledge. Jens Hermann Paulsen from the Deloitte Blockchain Institute emphasizes that Blockshow focuses on innovative companies and thought leaders rather than the usual speakers. This unique approach is key to advancing Blockchain’s practical application and carving out its place in various industries.
Workshop Alert!
On April 7th, don’t miss the chance to join Deloitte’s workshop focusing on the legal implications of Blockchain. Who knew legal discussions could be this intriguing? Participants will engage in lively debates while exploring how Blockchain is redefining regulatory reporting and compliance. Hint: Bring your thinking cap!
Winning with Blockchain
The real question remains: how can businesses effectively harness Blockchain to secure wins? Deloitte’s Blockchain Institute has been diligently monitoring the market landscape, addressing both opportunities and threats. With over 30 developed prototypes under their belt, their mission is to guide businesses through the tumultuous waters of Blockchain adoption.
Disruption in Accounting
Blockchain is not just a buzzword; it’s making waves within accounting practices. Although many use cases remain experimental, the potential for transformation is enormous. Deloitte predicts that Blockchain can streamline digital accounting processes and eliminate the puppeteering of entries, ensuring greater integrity in financial reporting.
The Future of Financial Systems
Imagine a world where transactions are written directly into a secure register, making it almost impossible to falsify records. Sounds like a sci-fi flick, right? Well, it’s closer than you think! Deloitte believes this shift will lead to standardized data verification, drastically reducing auditing costs and enabling auditors to focus on higher-value tasks.
Pathway from Use Case to Adoption
The journey from conceptual use cases to full-fledged solutions doesn’t have to be a Herculean task. Deloitte highlights that integrating Blockchain into existing accounting frameworks can simplify and enhance typical procedures, particularly for file integrity through unique digital fingerprints—talk about an upgrade!
Verify and Trust
With the ability to timestamp and store file fingerprints in the Blockchain, companies can maintain trust in data integrity across departments. Who knew that a little tech could eliminate so many headaches?