One of the leading professional networks of independent consulting and accounting member firms, Grant Thornton Cyprus, entered into a partnership with VeChain, which is a public blockchain. The goal of the partnership is to pair as well as utilize innovative blockchain solutions offered by VeChain for different industries that are part of Grant Thornton Cyprus’s client network. This client network consists of heavyweights from different industries ranging from logistics to pharmaceuticals, food, automotive, and others. Moreover, check out our VeChain news section, price prediction & forecast, and more of the coin by experts.
Partnership and the Blockchain Solutions
Two years ago, Grant Thornton Cyprus strengthened its technology division by launching blockchain services. This department will collaborate with industrial and technical experts at VeChain to implement as well as deliver blockchain services to their foreign and local clients.
By establishing a separate department especially for blockchain services, Grant Thornton Cyprus has shown foresight and vision. It clearly shows that Grant Thornton Cyprus recognizes the capabilities of blockchain technology, which can be utilized for enabling exchange and usage of trustworthy data by businesses.
The partnership will Result in Greater Adoption of Blockchain
This partnership, which combines VeChain’s blockchain technology with professional consultancy offered by Grant Thornton, will create an opportunity for businesses to explore various possibilities of blockchain technology.
VeChain’s ToolChain
VeChain ToolChain is the result of experience VeChain has in the realm of blockchain technology deployment in actual business scenarios. It is now a business-ready tool when it comes to the adoption and integration of blockchain.
Also, robust infrastructure offered by ToolChain will offer Grant Thornton Cyprus secure, efficient, and stable support.
According to Alexis Nicolaou, Distributed Ledge Technology Director at Grant Thornton, legislation related to blockchain technology is imminent in Cyprus and Grant Thornton has started investing in partnership with top businesses to meet requirements of its clients. In this scenario, partnership with VeChain will help them meet the requirements of its clients efficiently and effectively.