• Blockchain solution to $40T problem
    Technology

    Blockchain solution to $40T problem

    Big companies spend $40 trillion in-house every year without much oversight. Grant Thornton says its blockchain-based inter.x platform tracks that spending, reducing fraud, mistakes, and wasted money

    A major accounting company has launched a new blockchain-based solution for tracking intercompany transactions—a common cause of “fraud, manual errors, unnecessary bureaucracy and wasted time.”

  • Wall STreet
    Cryptocurrencies,  Regulation

    Coinbase completes two security audits to woo institutional investors

    Grant Thornton conducted rigorous evaluations for the crypto exchange’s custody solution, certifying it SOC1 and SOC2 compliant

    In a move to lure more institutional money into the space, U.S. crypto exchange Coinbase just completed two major security audits for its custody solution.