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KPMG

KPMG is a global network of independent member firms offering audit, tax and advisory services. KPMG can drive positive, sustainable change for clients, our people, and society at large by helping other organizations mitigate risks and grasp opportunities. KPMG member firms operate in 147 countries, collectively employing more than 219,000 people, serving the needs of business, governments, public-sector agencies, not-for-profits and through member firms' audit and assurance practices, the capital markets. KPMG is committed to quality and service excellence in all that we do, bringing our best to clients and earning the public's trust through our actions and behaviours both professionally and personally.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security
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KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

"The Wars to Come," Blockchain - A Game Changer for Auditors
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"The Wars to Come," Blockchain - A Game Changer for Auditors

Blockchain technology has the potential to upend Audit, Assurance and Control functions —Auditors need to stay attuned to emerging use cases. As Role and skillsets of Auditors will change as new Blockchain-based techniques and procedures emerge.

KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan
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KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan

Big Four audit firm, KPMG has announced that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. The platform leverages on emerging technological innovations, such as blockchain and internet of things sensors (IoT), as well as analytics and data tools.

Exclusive: Blockchain at the Stage of Tech Convergence
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Exclusive: Blockchain at the Stage of Tech Convergence

How does Deloitte Blockchain Lab envision the future of blockchain? Dr. Paul Sin believed that blockchain is at the stage of technology convergence with IoT, big data and artificial intelligence! He also explained the 3 challenges for enterprises to implement their own blockchain and various blockchain auditing services offered by Deloitte.