That deadline was extended until Oct. 29 after it received only one bid, from the EY Hanyoung Consortium, a group led by big four auditing firm Ernst & Young, SDNet South Korea reported on Oct. 20.
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Both companies say blockchain is becoming 'increasingly important' for businesses, among them food transportation (Photo: Wikimedia Commons).Driven by coronavirus, IBM and EY ally on blockchain
It’s hoped the ‘enhanced, multi-year alliance’ will help companies ‘reframe their future amidst an unpredictable and rapidly evolving environment’
“As organizations learn how to adapt to today's new normal, leveraging the cloud, AI, analytics and other technologies have become increasingly important,” EY’s global chairman and CEO Carmine Di Sibio said in a statement.
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ConsenSys, Microsoft, EY bet businesses will embrace public blockchains
Strong security and off-chain storage are key ingredients of the Baseline protocol the firms hope will coax enterprise coalitions onto Ethereum
EY, Microsoft, and ConsenSys believe that given strong security and the right tools, businesses will embrace public blockchains as they look for ways to work together.
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Actual photo of the late QuadrigaCX CEO Gerald Cotten trading fake accounts using Star Wars-themed names (via Pixabay).QuadrigaCX looted via Star Wars-themed dummy accounts, phantom trades
Gerald Cotten’s theft was long-planned and deliberate, with the exchange’ platform designed not record what he did
The fifth report of the trustee for failed cryptocurrency exchange QuadrigaCX is in, and you’ll be shocked—shocked!—to learn that the late Gerald Cotten was a crook.
