Consultancy Firm Accenture Targets Enterprise Blockchain Interoperability With Fresh Tool

Global management consultancy business Accenture uncovered a new blockchain software in a press release Oct. 22, its second in a month focusing on interoperability.

A week immediately after saying a source chain partnership with Thailand’s Siam Business Lender, Accenture stated its most up-to-date supplying facilitated current organization blockchain methods to combine with one particular yet another.

Especially, blockchain platform Electronic Asset can now operate in tandem with R3’s Corda platform, while Hyperledger Material and JPMorgan’s Quorum type yet another interoperable pair.

Discussing the two separate options, which the organization has presently examined, taking care of director and Global Blockchain Lead David Treat explained them as a “game changer.”

“The critical challenge was to acquire the potential to combine without having introducing ‘operational messaging’ among dispersed ledger technologies platforms in order to remain real to the ideas and benefits of blockchain technologies,” he commented, continuing:

“Applying this functionality with our clients is presently unlocking new prospects to convey ecosystems alongside one another, mitigating critical concerns about choosing the ‘wrong’ platform or possessing to re-establish if one particular associate uses anything distinct.”

All four blockchain platforms proceed to see achievements in organization uptake around the globe, producing their way into methods throughout a variety of sectors of the world financial system.

For its most the latest deal in Thailand, Accenture also opted for a one method, using Corda as the foundation for its so-called Procure-to-Pay back merchandise.

“We have stated right from the commencing that interoperability is critical to keeping away from the trapped belongings and silos of the previous,” R3’s CTO Richard Gendal Brown added in this week’s press release.

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