One of the world’s largest professional services network of independent accounting and consulting companies, Grant Thornton Cyprus, have sealed a partnership deal with VeChain Foundation with the aim of pairing and utilizing VeChain’s advanced blockchain solution, a release has said.
Grant Thornton Cyprus will be making use of VeChain’s technology for its stream of clients in various industries. The firm hopes to onboard bigwigs from across various industries like automotive, pharmaceutical, food, logistics, and so on.
Grant Thornton Cyprus has clear prevision toward identifying the potency of blockchain technology in ensuring the transfer and usage of data in a trustworthy and immutable way, the creation of a new blockchain service department by the firm in 2018 attests. The blockchain service department was launched together with Grant Thornton’s network, and it has a presence in over 135 countries of the world.
Grant Thornton Cyprus hopes to benefit greatly from this partnership. The firm will be granted the best sustainable and reliable solutions services to for clients
Also, the adoption of blockchain technology will help introduce revolution into various sectors health, entertainment, supply chain management, eCommerce, and renewable energy, among others.
VeChain stated that its ToolChain™’s infrastructure will offer security, stability, and efficiency support to Grant Thornton Blockchain Cyprus.
The blockchain foundation boasts that the VeChain ToolChain™ is designed to suit a market’s business-ready standard tool that allows for easy adoption and integration of blockchain technology.
Partnerships Take Blockchain Services to Thousands of Companies
The VeChain Network has secured a large number of partnerships with leading enterprises across various industries due to its strong in-house development capabilities and professional guidance from strategic allies like DNV GL and PwC. Also, works dedicated to the adoption and development of VeChain ToolChain™, a one-stop data BaaS platform, has also been on the reel.
The lasting COVID-19 virus has exposed the need for hastened digitalization as the world economic order revamps gradually, hence digital solutions would be greatly needed in the post-pandemic era, VeChain Co-founder and CEO Sunny Lu averred, revealing that via the new partnership, VeChain will explore more business scenarios in various sectors.
Grant Thornton Cyprus’s Director of Distributed Ledger Technology, Alexis Nicolaou, is quite excited about the partnership. In his own words, he said he’s sure that VeChain ToolChain™ applications will help his company achieve meeting the demand of its client base and other local and foreign companies in the most efficient and effective manner.
